Akamai Technologies, Inc. (NASDAQ: AKAM) Cut to Sell from Neutral at Citigroup.
AGL Resources Inc. (NYSE: GAS) Started as Underperform and named as Bear of the Day at Zacks.
Apple Inc. (NASDAQ: AAPL) Reiterated Buy with $460.00 price target objective by Argus; maintained Conviction Buy List and target raised to $550 from $520 at Goldman Sachs.
ARM Holdings PLC (NASDAQ: ARMH) Started as Underperform at Bernstein.
Barnes Group Inc. (NYSE: B) named as value stock of the day at Zacks.
Costco Wholesale Corporation (NASDAQ: COST) Cut to Underperform at Bernstein.
Exxon Mobil Corporation (NYSE: XOM) Reiterated Buy at Goldman Sachs.
First Industrial Realty Trust (NYSE: FR) Cut to Neutral at Credit Suisse.
Hilltop Holdings, Inc. (NYSE: HTH) Raised to Outperform as Bull of the Day at Zacks.
Integra LifeSciences Holdings Corp. (NASDAQ: IART) Cut to Hold at Argus.
International Game Technology (NYSE: IGT) Removed from US Focus List at Credit Suisse.
Merck & Co. Inc. (NYSE: MRK) Downgraded to Hold at Jefferies.
Pandora Media Inc. (NYSE: P) Started as Buy at Needham.
Penn National Gaming Inc. (NASDAQ: PENN) Added to the US Focus List at Credit Suisse.
PVH Corporation (NYSE: PVH) Started as Buy at Stern Agee.
The Royal Bank of Scotland Group plc (NYSE: RBS) Raised to Neutral at JPMorgan.
Southern Copper Corporation (NYSE: SCCO) Cut to Hold at Deutsche Bank.
Thoratec Corporation (NASDAQ: THOR) Cut to Market Perform at Wells Fargo.
Gapping Up and Down This Morning
Gapping up
ACHN +34.5%, EBAY +0.3%, INHX +130.7%, FMCN +0.4%, QCOR +4.5%, STD +2.6%, VRUS +3.4%, QGEN +2.1%,
STO +1.6%, ORCT +18.1%, UL +1.1%, RBS +2.9%, ING +1.7%, BCS +0.7%, TESS +0.4%,
Gapping down
IPCM -1.4%, BHP -0.5%, NOK -2.3%, LULU -1.8%,
Comments »In Play and On the Wires
Asia Trades Mixed While Europe and U.S. Futures Are Largely Unch
A Consistent 15 Year Cycle Suggests More Pain to Come ( S&P Chart Porn )
[youtube://http://www.youtube.com/watch?v=CDod1HUdL6E 450 300]
Comments »
52 Week Highs and Lows
NYSE
New Highs 36 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Atlas Pipeline Partners APL 39.31 35,735 BlkRk Muni NY Inter Dur MNE 14.64 447 BlackRock Muni Bnd BIE 15.41 3,193 BlackRock Mun Inco BBF 14.33 1,918 BlkRk MuniHldgs CA Qlty MUC 15.15 12,484 BlkRk MuniHldgs Quality MUS 14.22 3,122 BlkRk MuniYield MYD 14.96 8,170 BlRk Muyld NY Qlty MYN 14.20 10,704 BlRkMunyldQltyIII MYI 14.51 26,668 BlackRock NJ Municipal Tr BNJ 15.76 1,176 Chesapeake Granite Wash CHKR 24.50 50,401 CoreSite Realty COR 18.58 11,781 6.375% CorTS IBM HZK 28.29 645 Enterprise Pdts Partners EPD 48.18 151,937 First Tr Engy Infr Fd FIF 21.26 7,180 Flaherty & Crumrine PFD 14.48 934 Hlth Cr REIT 7.625% F HCNpF 26.29 660 Humana Inc HUM 92.58 149,059 Inv CA Ins Tr IIC 15.37 3,849 Invesco InsCa ICS 14.52 234 Kansas City Southern KSU 70.63 77,757 Macy's Inc M 34.22 1,005,275 Nuveen Enhncd Mun Val Fd NEV 14.59 9,097 Nuveen Insured CA Muni 2 NCL 15.88 4,338 Nuveen MD Premium Income NMY 15.22 300 Nuveen NY Div Fnd NAN 14.45 1,525 Nuveen NY Performnce Plus NNP 15.58 3,820 Pimco Calif Fund PCQ 13.63 5,779 PIMCO CA PZC 9.95 5,642 Pimco Muni Inc II PML 11.50 12,981 PIMCO Muni Inc III PMX 11.35 10,400 PPLUS 6.25% Sers CMT-1 PYJ 27.25 6,892 Provident Energy PVX 10.05 162,569 Roper Indus ROP 90.00 85,207 Western Gas Partners LP WES 42.53 25,333 Williams Ptnrs un WPZ 62.98 36,761 New Lows 9 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ Advantest Corp ADS ATE 9.12 512 Cellcom Israel CEL 15.41 81,805 Christopher & Banks CBK 2.04 15,156 Feihe International ADY 2.43 11,200 France Telecom FTE 14.93 308,248 SK Telecom SKM 13.27 328,520 Skechers SKX 11.61 148,246 Syswin ADS SYSW 0.80 31,800 Telefonica TEF 16.53 923,703
NASDAQ
New Highs 20 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Analysts Intl ANLY 6.15 5,259 Apollo Grp (Cl A) APOL 56.70 1,637,513 BioMarin Pharmaceutical BMRN 36.11 89,008 Cintas CTAS 36.66 88,145 Citizens Republic Bancorp CRBC 12.48 33,910 Clovis Oncology CLVS 15.00 2,100 Cognex CGNX 37.90 16,541 DXP Enterprises DXPE 35.34 9,969 Fastenal Co FAST 45.28 173,899 Marine Petroleum Tr Un MARPS 25.75 100 McGrath RentCorp MGRC 31.13 2,136 Mid-Con Engy Ptrs L.P. Un MCEP 19.00 9,400 NewsCorp A NWSA 18.66 2,076,402 Provident Fincl Hldgs PROV 9.50 378 Ross Stores ROST 50.69 338,942 SLM 6.00% Sr. Nts 2043 JSM 20.39 3,157 Smith & Wesson Hldg SWHC 4.75 179,788 United-Guardian UG 15.67 299 ViroPharma VPHM 29.10 434,883 Zumiez ZUMZ 31.23 139,634 New Lows 19 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ BMC Software BMC 31.93 772,666 BioMimetic Therapeutics BMTI 2.09 61,987 CME Group Inc. CME 229.53 311,685 Durect DRRX 0.74 1,056,164 Horizon Pharma HZNP 3.81 900 Integra LifeSci Hldgs IART 26.00 560,458 Marchex (Cl B) MCHX 5.46 29,522 NCI NCIT 10.50 3,915 Orchard Supply Hardware A OSH 15.76 22,034 Overstockcom OSTK 7.01 11,437 PwrShrs MENA Frnt Cntries PMNA 10.06 3,689 ProShr Ul Sh QQQ SQQQ 17.82 334,767 RF Micro Devices RFMD 4.50 11,969,878 RRSat Global Comm Network RRST 3.50 2,555 Rue21 Inc RUE 20.07 19,851 School Specialty SCHS 2.18 12,022 SeaChange Intl SEAC 6.69 54,319 Stereotaxis STXS 0.76 20,599 Zynga ZNGA 8.65 2,248,885Comments »
Money Flows, Heat Map, & S&P A/D Line
Money Flows
ISSUE GAINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
Apple AAPL NASD 419.98 +46.1 1.15
iShrs S&P 100 OEF ARCA 58.00 +16.9 21.83
Citigroup C NYSE 28.43 +14.0 1.33
Johnson & Johnson JNJ NYSE 64.75 +13.9 1.87
iShrs Russell 1000 Value IWD ARCA 64.38 +13.2 4.34
Pfizer PFE NYSE 21.65 +12.5 2.88
iShrs MSCI Emerg Mkts EEM ARCA 38.27 +11.6 1.95
ExxonMobil XOM NYSE 85.46 +11.1 1.69
American Tower REIT AMT NYSE 60.20 +10.8 3.03
AT&T T NYSE 29.76 +10.8 1.61
iShs iBX $ High Yld Cp Bd HYG ARCA 88.95 +10.7 5.44
Dyn Leisure & Entrtnmnt PEJ ARCA 18.74 +7.2 70.89
JPMorgan Chase JPM NYSE 35.27 +7.0 1.29
iPath GS Crude Oil TR ETN OIL ARCA 25.69 +7.0 21.23
Estee Lauder EL NYSE 112.16 +6.9 5.18
Chevron CVX NYSE 108.58 +6.5 1.40
Kraft Foods KFT NYSE 37.61 +6.5 2.14
Target Corp TGT NYSE 48.68 +6.4 1.39
Sel Sec SPDR-Cnsme Disc XLY ARCA 39.85 +6.2 6.19
Amazoncom AMZN NASD 180.82 +6.0 1.12
ISSUE DECLINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
SPDR S&P 500 SPY ARCA 127.33 -40.8 0.86
General Electric GE NYSE 18.65 -15.6 0.54
Wells Fargo WFC NYSE 28.56 -15.6 0.49
Disney DIS NYSE 39.57 -13.9 0.36
SPDR Gold Tr GLD ARCA 157.35 -13.4 0.84
Intel INTC NASD 25.06 -12.9 0.53
DuPont DD NYSE 46.07 -12.8 0.55
Procter & Gamble PG NYSE 66.22 -11.5 0.38
Microsoft MSFT NASD 27.65 -10.6 0.75
Philip Morris Intl PM NYSE 77.18 -10.0 0.56
Verizon Communications VZ NYSE 38.26 -9.6 0.50
IBM IBM NYSE 183.19 -8.7 0.75
Rydex S&P Equal Weight RSP ARCA 46.88 -8.6 0.06
SuccessFactors SFSF NYSE 39.82 -8.1 0.08
PwrShrs QQQ Tr Series 1 QQQ NASD 57.43 -8.0 0.69
PepsiCo PEP NYSE 65.64 -7.2 0.42
Intuitive Surgical ISRG NASD 464.63 -7.1 0.58
Wal-Mart Stores WMT NYSE 58.97 -7.1 0.51
Sina SINA NASD 53.91 -6.8 0.68
McDonald's MCD NYSE 100.04 -6.5 0.69
Comments »
Most Active Options Trades
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 1/6/12 6.0000 191 0.1900 dn 0.1100 GM 1/21/12 17.5000 181 4.8500 up 0.2000 AAPL 1/6/12 425.0000 154 0.1000 dn 0.0100 AAPL 1/6/12 420.0000 150 1.2000 up 0.3600 GLD 1/21/12 161.0000 150 1.0600 dn 0.1200 AAPL 1/21/12 425.0000 142 4.5000 up 0.8500 BAC 2/18/12 7.0000 131 0.1600 dn 0.0300 YHOO 2/18/12 19.0000 126 0.0700 up 0.0000 MS 1/21/12 20.0000 103 0.0300 dn 0.0100 GLD 1/21/12 156.0000 101 3.2500 dn 0.1500 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 1/6/12 6.0000 2531 0.0300 up 0.0200 BAC 1/21/12 6.0000 201 0.2100 up 0.0500 BAC 2/18/12 5.5000 171 0.1900 up 0.0200 AAPL 1/6/12 420.0000 161 1.2700 dn 1.6200 CHK 1/21/12 24.0000 132 0.8700 dn 0.0400 GLD 1/6/12 157.0000 120 0.2400 dn 0.2000 AAPL 1/6/12 415.0000 118 0.1200 dn 0.5300 GLD 1/21/12 159.0000 103 3.2000 dn 1.4000 BAC 3/17/12 6.0000 90 0.4800 up 0.0400 GLD 1/21/12 148.0000 86 0.2100 dn 0.0800 -VOLUME- CALLS PUTS TOTAL 14431 15580 30011
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE WFT 5/19/12 17.0000 10008 1.3000 dn 0.0900 AAPL 1/6/12 420.0000 2374 1.1900 up 0.3600 EUO 1/21/12 20.0000 2093 1.1000 up 0.2000 BAC 2/18/12 8.0000 1435 0.0600 up 0.0100 MU 4/21/12 7.0000 1260 0.9400 dn 0.0400 GM 1/21/12 17.5000 1101 4.8500 up 0.2000 BAC 2/18/12 7.0000 984 0.1600 dn 0.0400 AAPL 1/21/12 420.0000 955 6.9000 up 0.9700 SIRI 1/21/12 2.0000 942 0.0800 dn 0.0100 AAPL 1/6/12 425.0000 915 0.1500 up 0.0000 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 1/6/12 6.0000 2742 0.0200 up 0.0100 AAPL 1/6/12 420.0000 2084 1.0500 dn 1.7500 BAC 1/21/12 6.0000 1504 0.2100 up 0.0600 NFLX 1/6/12 77.5000 1307 0.0600 dn 0.4200 BBY 1/21/12 22.5000 1120 0.2100 dn 0.2700 GE 3/17/12 18.0000 1015 0.6600 dn 0.0200 C 1/21/12 24.0000 856 0.1300 up 0.0300 AAPL 1/6/12 415.0000 762 0.1000 dn 0.4900 GLD 1/6/12 157.0000 672 0.4300 up 0.0400 KOG 1/21/12 10.0000 638 0.4500 up 0.0500 -VOLUME- CALLS PUTS TOTAL 276981 215110 492091Comments »
Upgrades and Downgrades This Morning
Bull of the Day at Zacks.
Apollo Group Inc. (NASDAQ: APOL) Reiterated Outperform and Raised Target to $60 at Credit Suisse.
Boston Scientific Corporation (NYSE: BSX) Maintained Hold but lowered estimates at Argus.
Career Education Corporation (NASDAQ: CECO) Cut to Hold at Argus.
Dendreon Corporation (NASDAQ: DNDN) Reiterated Neutral with $10 target at Baird.
FedEx Corporation (NYSE: FDX) Started as Outperform at Wells Fargo.
Goldman Sachs Group Inc. (NYSE: GS) Cut to Market Perform by Wells Fargo.
Huntsman Corporation (NYSE: HUN) named as Value Stock of the Day at Zacks.
Illinois Tool Works. Inc. (NYSE: ITW) Cut to Neutral at Credit Suisse.
Intel Corporation (NASDAQ: INTC) Cut to Neutral at Stern Agee.
Kohl’s Corporation (NYSE: KSS) Cut to Hold at Argus.
SanDisk Corporation (NASDAQ: SNDK) Raised to Buy at Stern Agee.
TD AMERITRADE Holding Corporation (NASDAQ: AMTD) Raised to Buy at Deutsche Bank.
The Travelers Companies, Inc. (NYSE: TRV) Raised to Outperform at Wells Fargo.
United Parcel Service, Inc. (NYSE: UPS) Started as Market Perform at Wells Fargo.
Urban Outfitters Inc. (NASDAQ: URBN) Started as Underperform and named as Bear of the Day at Zacks.
Vodafone Group PLC (NYSE: VOD) Raised to Buy at Goldman Sachs.
Zhongpin, Inc. (NASDAQ: HOGS) Started as outperform at Oppenheimer.
Gapping Up and Down This Morning
Gapping up
VOD +0.9%, DEJ +8.1%, SNDK +1.4%, NWK +5%, REN +1.7%, ACHC +4.1%, VPHM +4.8%, JAZZ +4.2%, APOL +2%,
SD +1.4%, BSX +5.8%, DNDN +5.9%, DEJ +12.3%, E +1.6%, NOV +0.7%, BP +0.6%, XRTX +0.7%, RIG +0.4%, KITD +3.6%,
Gapping down
SWKS -4.5%, RT -4.5%, CHTP -4%, TQNT -3%,DRRX -47.9%, RFMD -15.8%, VICL -12.4%, IART -9.8%,
FDO -2.9%, AA -2.8%, BAC -1.7%, MT -1.7%,
Comments »
In Play and On the Wires
Non Farm Payrolls: Prior 120k, Market Expects 150k, Actual 200k…Unemployment Rate 8.5%
Asia Trades Mostly Down While Europe and U.S. Futures Reach for Hopium
Asian Stocks Down on Exports
Asia Opens to the Downside
Bulls Manage a Magic Trick
Despite rising yields in Europe, some crappy bond auctions, the EURO tanking, and being at the top of a recent rally the bulls manage to turn a rut into a rally…just b4 BLS data tomorrow. Can we finally say that the U.S. is decoupling from the Euro crisis ?
DOW down 3
NASDAQ up 21
S&P up 3.7
