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Oil Inventories: Prior -3.89mm, Market Expects NA , Actual +3.2mm
52 Week Highs and Lows Made This Morning
NYSE
New Highs 27 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Atlas Pipeline Partners APL 39.13 49,068 BlackRock CA Municipal Tr BFZ 14.85 9,326 BlkRk Muni NY Inter Dur MNE 14.56 3,033 BlkRk MuniHldgs CA Qlty MUC 15.03 10,189 BlkRk MuniHldgs II MUH 15.64 6,657 BlkRk MuniHldgs Qlty II MUE 14.58 2,450 BlRkMunyldQltyIII MYI 14.25 48,213 China Pete & Chemical SNP 116.00 124,354 6.375% CorTS IBM HZK 27.90 2,830 DCP Midstream Ptnrs DPM 49.13 11,995 Dreyfus Strategic Munis LEO 9.07 18,827 Enterprise Pdts Partners EPD 47.35 136,287 Kinder Morgan KMI 33.94 413,338 Magellan Midstream MMP 69.57 10,525 Merck MRK 38.63 2,166,263 Nuveen Div Fnd NAD 14.68 10,674 Nuveen Enhncd Mun Val Fd NEV 14.45 17,684 Nuveen MD Premium Income NMY 15.18 1,770 Nuveen NY Div Fnd NAN 14.39 12,857 Nuveen NY Performnce Plus NNP 15.55 2,323 Philippine Long Distance PHI 60.75 14,388 Pier 1 Imports PIR 14.48 477,560 Pimco Calif Fund PCQ 13.53 3,061 PIMCO MuniFd PMF 14.44 10,356 Provident Energy PVX 10.03 164,831 Western Gas Partners LP WES 42.16 9,488 Williams Ptnrs un WPZ 62.15 17,811 New Lows 9 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ CPI Corp CPY 1.50 92,323 Cellcom Israel CEL 15.70 68,805 Eastman Kodak EK 0.36 7,415,654 Feihe International ADY 2.44 6,420 Hugoton Royalty Tr Un HGT 18.52 19,036 IDT Corp B IDT 8.80 24,012 K12 Inc LRN 17.07 27,611 Rogers Corp ROG 32.19 149,869 Solera Hldgs SLH 43.74 23,089
NASDAQ
New Highs 9 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Acorn Energy ACFN 7.11 20,296 Analysts Intl ANLY 5.98 8,416 Apollo Grp (Cl A) APOL 54.59 359,888 Clovis Oncology CLVS 14.99 12,634 LKQ LKQX 31.37 67,929 Nathan's Famous NATH 21.40 250 Oneida Fincl ONFC 9.75 300 Silicon Motion Tech (ADS) SIMO 21.69 64,569 Superior Uniform SGC 12.86 2,956 New Lows 12 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ Aastrom Biosciences ASTM 1.75 50,488 Auburn National AUBN 18.04 1,643 BioMimetic Therapeutics BMTI 2.26 58,188 Duckwall ALCO Stores DUCK 8.08 2,052 Globe Specialty Metals GSM 12.26 485,253 Intellipharmaceutics Int IPCI 2.49 5,400 Orchard Supply Hardware A OSH 19.80 33,372 Overstockcom OSTK 7.21 11,149 Perceptron PRCP 4.60 2,400 Pinnacle Airlines PNCL 0.75 30,470 Rue21 Inc RUE 20.54 25,495 Sears Hldgs SHLD 30.00 290,109Comments »
Today’s 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 414.26 +45.0 1.21
SPDR S&P 500 SPY ARCA 126.59 +29.7 1.11
iSh JPM USD Emg Mkts Bd EMB ARCA 108.71 +26.1 33.94
Target Corp TGT NYSE 47.48 +16.9 1.35
ExxonMobil XOM NYSE 85.10 +15.5 1.70
Wells Fargo WFC NYSE 28.44 +14.5 2.84
Monsanto MON NYSE 76.03 +12.4 1.51
Intel INTC NASD 25.10 +11.5 1.65
General Electric GE NYSE 18.33 +11.4 1.99
Amgen AMGN NASD 64.03 +11.2 3.57
Vanguard MSCI Emerg Mkts VWO ARCA 38.69 +9.6 4.36
Qualcomm QCOM NASD 55.64 +9.4 2.00
Bank Of America BAC NYSE 5.86 +8.7 1.31
Colgate-Palmolive CL NYSE 90.07 +8.1 2.66
Occidental Pete OXY NYSE 95.72 +7.7 1.85
Verizon Communications VZ NYSE 38.78 +7.7 1.71
JC Penney JCP NYSE 32.93 +7.6 1.61
Nike Inc NKE NYSE 97.19 +6.8 2.03
PepsiCo PEP NYSE 66.35 +6.5 2.70
Caterpillar CAT NYSE 94.18 +6.4 1.46
ISSUE DECLINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
Google GOOG NASD 661.00 -26.1 0.82
Pfizer PFE NYSE 21.49 -25.1 0.37
Chevron CVX NYSE 108.35 -23.2 0.47
Eli Lilly LLY NYSE 39.63 -22.5 0.47
Public Storage PSA NYSE 131.22 -15.7 0.19
Procter & Gamble PG NYSE 66.52 -15.5 0.37
IBM IBM NYSE 183.68 -15.4 0.63
Kohl's Corp KSS NYSE 46.13 -15.2 0.50
DuPont DD NYSE 46.24 -14.0 0.33
SeagateTech STX NASD 17.88 -11.9 0.56
iBoxx InvesTp Inv Grde Bd LQD ARCA 113.45 -11.6 0.16
McDonald's MCD NYSE 98.90 -10.9 0.57
Johnson & Johnson JNJ NYSE 65.00 -10.3 0.60
Cisco Systems CSCO NASD 18.86 -9.9 0.42
UnitedHealth Group UNH NYSE 52.16 -9.3 0.31
Bristol-Myers BMY NYSE 33.80 -9.0 0.46
iShrs MSCI Brazil (Free) EWZ ARCA 58.86 -8.3 0.51
Cummins CMI NYSE 92.20 -8.1 0.67
Waste Management WM NYSE 32.23 -7.9 0.11
EOG Resources EOG NYSE 100.36 -7.8 0.44
Comments »
Most Active Options Trades
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 1/21/12 6.0000 1768 0.1900 up 0.0100 STX 1/21/12 19.0000 505 0.2700 up 0.1500 MSFT 1/21/12 27.5000 203 0.4900 dn 0.0500 MSFT 3/17/12 28.0000 146 0.6800 up 0.0100 BAC 2/18/12 5.5000 146 0.6300 up 0.0700 BAC 2/18/12 6.0000 140 0.3300 up 0.0100 YHOO 7/21/12 19.0000 130 0.5700 dn 0.1100 NOK 4/21/12 6.0000 130 0.4700 up 0.1100 X 1/21/12 26.0000 113 2.3100 dn 0.5700 AAPL 1/6/12 415.0000 104 1.6300 dn 0.3500 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 1/21/12 5.0000 500 0.0500 up 0.0100 BAC 2/18/12 5.5000 294 0.2700 dn 0.0100 GLD 1/21/12 150.0000 172 0.7900 up 0.0000 BAC 1/21/12 5.5000 165 0.1500 up 0.0100 LLY 2/18/12 33.0000 150 0.1100 up 0.0100 TGT 1/21/12 47.0000 138 0.6300 up 0.4300 BAC 1/21/12 6.0000 131 0.3200 dn 0.0400 GLD 1/21/12 154.0000 123 1.9100 up 0.1100 AAPL 1/6/12 405.0000 118 0.2000 dn 0.1200 AAPL 4/21/12 360.0000 100 9.3000 dn 2.6500 -VOLUME- CALLS PUTS TOTAL 16150 10709 26859
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE X 1/21/12 26.0000 9095 2.3100 dn 0.6300 IAG 2/18/12 17.0000 2686 1.0000 dn 0.0500 CSCO 1/21/12 20.0000 2563 0.0700 dn 0.0100 PFE 1/21/12 21.0000 2140 0.6600 dn 0.2500 PFE 2/18/12 22.0000 2073 0.3600 dn 0.1100 MU 1/21/12 7.5000 1861 0.1100 dn 0.0200 AAPL 1/6/12 415.0000 1693 1.8400 up 0.2100 C 1/21/12 27.0000 1532 1.4900 dn 0.4800 ALL 1/21/12 27.0000 1500 0.5500 dn 0.3500 ALL 2/18/12 26.0000 1500 1.7500 dn 0.3700 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE WMB1 1/21/12 30.0000 10720 0.2500 dn 0.0500 GM 2/18/12 21.0000 2711 0.9500 dn 0.0200 CSCO 2/18/12 16.0000 2543 0.1300 up 0.0000 AAPL 1/6/12 410.0000 1123 0.7500 dn 0.3600 FXE 1/21/12 135.0000 1079 7.5000 up 1.3900 C 1/18/14 30.0000 1000 8.8000 dn 0.4500 T 1/21/12 30.0000 891 0.4700 up 0.0900 CAT 5/19/12 80.0000 889 3.2500 up 0.0500 BAC 2/18/12 5.5000 850 0.2700 up 0.0000 NFLX 1/6/12 80.0000 813 1.7000 dn 0.1500 -VOLUME- CALLS PUTS TOTAL 252948 202079 455027Comments »
USD/EUR 127.92…Technical Support Broken For Now
December ISM Services: Prior 52, Market Expects 53, Actual 52.6…A Slight Drop From October
FLASH: SHARES OF UNICREDIT PLUNGE AGAIN
-14%
Comments »Upgrades and Downgrades This Morning
AstraZeneca PLC (NYSE: AZN) Cut to Underweight at JPMorgan.
BlackRock, Inc. (NYSE: BLK) Cut to Neutral at Stern Agee.
Broadcom Corp. (NASDAQ: BRCM) Reiterated Buy with $46 price target at Argus.
Constellation Energy Group, Inc. (NYSE: CEG) Cut to Neutral at Citigroup.
Consolidated Edison Inc. (NYSE: ED) Cut to Neutral at Citigroup.
eBay Inc. (NASDAQ: EBAY) Reiterated Buy with $40 price target at Argus.
LM Ericsson Telephone Co. (NASDAQ: ERIC) Cut to Neutral at Credit Suisse.
Exelon Corporation (NYSE: EXC) Cut to Neutral at Citigroup.
Google Inc. (NASDAQ: GOOG) downgraded to Hold at Benchmark; Raised targets at boutique firm Global Equities Research.
Netflix, Inc. (NASDAQ: NFLX) Maintained Underperform and cut estimates at Needham.
Nokia Corporation (NYSE: NOK) Raised to Outperform at Credit Suisse (full summary).
Pacific Sunwear of California Inc. (NASDAQ: PSUN) Raised to Buy at Janney Capital Markets.
ReneSola Ltd. (NYSE: SOL) named as the Bear of the Day at Zacks Investment Research.
SAP AG (NYSE: SAP) Raised to Neutral at BNP Paribas.
Sanofi (NYSE: SNY) Cut to Neutral at JPMorgan.
Trinity Industries, Inc. (NYSE: TRN) named as value stock of the day at Zacks.
United Parcel Service, Inc. (NYSE: UPS) Cut to Neutral at HSBC.
VIVUS Inc. (NASDAQ: VVUS) Started as Perform at Rodman & Renshaw.
VMware Inc. (NYSE: VWM) Started as Buy at Stern Agee.
Gapping Up and Down This Morning
Gapping Up
NOK +3.3%,WDC +2.9%, IRWD +2.5%, FNSR +2.3%, ALXN +1%, OCLR +12.2%, ZUMZ +10.1%, STX +7%, NOK +4.3%,
MRVL +2.2%, ULTA +5%, JDSU +1.6%, FNSR +1.3%, MON +1.1%, MOS +0.7%, SODA +12.6%, GALE +13%
Gapping Down
SNY -2.9%, DB -6.8%, CSE -1.4%, PLL -1.4%, BBVA -4.7%, STD -4.5%, BHP -2.7%, BBL -2.5%, TOT -2.4%, AZN -2.2%,
MT -2.3%, VOD -2.2%, RIO -1.7%, C -1.5%, YHOO -1.5%, CCL -1.3%, SAM -1.4%, RPRX -1.2%, BAC -1.2%, VALE -1.7%
UBS -3.3%, ING -1.9%, C -1%
Comments »In Play and On the Wires
Initial Claims: Prior 381k, Market Expects 375k, Actual 372k From a Revised 382k….Futures React Positively
Continuing claims: Prior 3601k, Actual 3595k
Comments »ADP Employment Report: Prior 206k, Market Expects 180k, Actual 325k
Oil Hangs Tight to Recent Highs on the Iran Fear Trade
Global Equities Fall Over European Debt Concerns
Concerns are rising on the possible downgrade of Europe’s sovereign ratings. France did manage to hold a decent bond auction today.
Comments »Global Markets and U.S. Futures Trade in the Red
LIBOR, EURIBOR, 10 year yields for Italy +7%, Spain, France- rising, & Germany
Comments »Nikkei Trading Lower this Evening
U.S. Equities Pare Losses as Data and Treasury Yields Bolster Confidence
This Morning’s Money Flows, Heat Map, and S&P A/D Line
Money Flows
ISSUE GAINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
iShrs Russell 2000 IWM ARCA 74.60 +45.5 1.86
Apple AAPL NASD 410.67 +34.4 1.23
Microsoft MSFT NASD 27.05 +33.5 2.32
Google GOOG NASD 662.00 +31.4 1.28
iShrs Russell 2000 Value IWN ARCA 66.49 +21.8 12.54
Intel INTC NASD 24.69 +15.0 2.14
General Electric GE NYSE 18.36 +13.6 2.37
ExxonMobil XOM NYSE 85.93 +11.9 1.52
Citigroup C NYSE 28.01 +11.7 1.45
Johnson & Johnson JNJ NYSE 65.45 +11.3 2.08
Liberty Property Tr LRY NYSE 31.04 +10.2 18.11
Bank Of America BAC NYSE 5.68 +9.4 1.34
Baidu BIDU NASD 123.34 +9.1 1.32
PepsiCo PEP NYSE 66.56 +8.3 2.43
Wells Fargo WFC NYSE 28.19 +7.4 1.91
PwrShrs QQQ Tr Series 1 QQQ NASD 56.78 +6.8 1.39
Schlumberger SLB NYSE 70.28 +6.1 1.71
Caterpillar CAT NYSE 94.63 +6.0 1.41
pricelinecom PCLN NASD 484.41 +5.7 1.51
Amazoncom AMZN NASD 178.68 +5.7 1.15
ISSUE DECLINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
Ventas VTR NYSE 53.94 -22.5 0.31
AT&T T NYSE 30.60 -20.7 0.49
Chevron CVX NYSE 110.20 -19.9 0.49
Verizon Communications VZ NYSE 39.97 -15.3 0.33
Procter & Gamble PG NYSE 66.73 -15.3 0.36
Sel Sec SPDR-Hlth Cr XLV ARCA 35.02 -13.8 0.18
IBM IBM NYSE 186.21 -13.0 0.65
McDonald's MCD NYSE 99.50 -12.9 0.62
Pfizer PFE NYSE 21.90 -12.6 0.39
Yahoo! YHOO NASD 15.98 -11.5 0.48
Wal-Mart Stores WMT NYSE 59.90 -11.5 0.45
SPDR Gold Tr GLD ARCA 156.96 -11.0 0.87
DuPont DD NYSE 46.39 -10.8 0.30
Merck MRK NYSE 38.10 -10.4 0.29
Duke Realty DRE NYSE 12.10 -10.4 0.04
PPL Corp PPL NYSE 28.86 -9.8 0.14
Thermo Fisher Sci TMO NYSE 46.77 -9.7 0.28
JPMorgan Chase JPM NYSE 34.50 -9.7 0.62
Cisco Systems CSCO NASD 18.45 -8.6 0.52
Teva Pharmaceutical (ADS) TEVA NASD 43.37 -8.4 0.51
Comments »
52 Week Highs and Lows Made This Morning
NYSE
New Highs 26 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Ala Pwr 5.83% O pfd. ALPpO 27.10 200 Ameriprise Finl 7.75% Nts AMPpA 28.47 1,312 Atlas Pipeline Partners APL 38.87 84,886 BlkRk Cr All Tr III BPP 11.16 144,941 BlkRk MuniYld CA Fd MYC 15.25 8,721 BlkRk MuniYld Inv MYF 14.84 5,384 Brookfield Infrastructure BIP 28.25 95,880 6.7% CorTS Cl A for SunAm KNO 25.08 500 Delphi Automotive DLPH 23.23 31,290 Entergy Inc6.0 Bd2051 EMZ 28.33 1,698 Flotek Ind FTK 11.20 796,204 Gabelli Utility Tr GUT 7.89 2,697 Invesco IMInc IIM 16.31 45,191 Invesco Qlty Mun Inco IQI 13.58 8,256 InvescoVK OHQlty VOQ 15.95 162 Kodiak Oil & Gas KOG 10.10 1,031,973 Nike Inc NKE 98.47 443,368 Nuveen Build Am Bd Opp Fd NBD 21.89 4,721 Nuveen CA Investment NQC 14.79 2,587 Nuveen California Select NVC 15.15 4,109 Nuveen Div Fnd NAD 14.64 10,658 Nuveen NY Muni Value Fund NNY 10.10 5,841 Oiltanking Partners LP OILT 29.68 2,664 Philippine Long Distance PHI 60.00 21,998 Provident Energy PVX 9.91 165,307 Vornado Rlty Tr 6.75% H VNOpH 25.16 1,644 New Lows 3 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ CPI Corp CPY 1.59 111,737 Cash Store Financial Svc CSFS 5.74 2,750 Team TISI 29.37 57,518
NASDAQ
New Highs 11 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Acorn Energy ACFN 6.62 6,795 Citizens & Northern CZNC 19.17 671 Citizens Republic Bancorp CRBC 11.82 25,761 Evolving Systems EVOL 6.24 46,282 1st Source SRCE 26.16 5,653 Google GOOG 669.25 580,048 Intuitive Surgical ISRG 474.50 45,402 Mid-Con Engy Ptrs L.P. Un MCEP 18.88 8,600 Smith & Wesson Hldg SWHC 4.62 384,211 US Home Systems USHS 6.87 3,063 Unvsl Bus Pay Sol Acqn UBPS 9.15 300 New Lows 10 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ Acme Packet APKT 25.34 5,467,954 BancTr Fincl Grp BTFG 1.14 400 BioMimetic Therapeutics BMTI 2.55 199,093 Informatica INFA 35.13 396,952 Millennium India Acqu SMCG 0.58 1,250 New Century Bancorp NCBC 1.82 6,390 Pointer Telocation PNTR 3.00 102 Sears Hldgs SHLD 31.17 194,007 Texas Instruments TXN 29.24 469,900 Trident Microsystems TRID 0.06 7,719,211Comments »
