Copper is +15% for the week.
Today’s 3D Heat Map
The Bulls Have Seasonality on Their Side In November
Today’s Early Winners
No. Ticker % Change
1 VDSI 21.66
2 MSHL 21.37
3 EVC 18.67
4 CTXS 16.99
5 EVR 16.67
6 AKAM 16.32
7 LOGI 16.20
8 PEIX 15.97
9 BDC 15.84
10 PMTC 15.83
11 ATRC 15.80
12 QUIK 15.65
13 NLST 15.60
14 KAI 14.75
15 CEVA 14.51
16 PDC 14.42
17 SWI 14.39
18 HOGS 14.35
19 CVGI 14.12
20 APKT 13.91
21 COG 13.88
22 FRO 13.85
23 IGLD 13.75
24 DB 13.71
25 TBI 13.62
26 CRR 13.56
27 AMP 13.49
28 SVN 13.32
29 EQU 13.21
30 HEV 13.20
31 ING 13.05
32 LOGM 13.02
33 ACAT 12.93
34 BYI 12.50
35 ENMD 12.35
36 ACH 12.27
37 NVLS 12.04
38 CENX 11.68
39 BCS 11.61
40 SFUN 11.57
41 CS 11.54
42 SNV 11.43
43 CETV 11.11
44 SHP 10.95
45 VIT 10.89
46 SYUT 10.58
47 SSRX 10.32
48 NCI 10.26
49 LAZ 10.17
50 GIII 9.81
Pending Home Sales Drop 4.6% vs Consensus of Unch
Upgrades and Downgrades This Morning
Upgrades
URBN – Urban Outfitters upgraded to Buy from Neutral at Citigroup
APKT – Acme Packet added to buy list at Deutsche Bank
CSCO – Cisco Systems upgraded to Buy from Neutral at UBS
MOS – Mosaic initiated with Sector Performs at RBC Capital
POT – Potash initiated with Sector Performs at RBC Capital
AGU – Agrium initiated with an Outperform at RBC Capital
TJX – TJX target raised to $70 from $60 at Stifel Nicolaus
HSP – Hospira upgraded to Buy from Neutral at BofA/Merrill
OC – Owens Corning upgraded to Buy at Stifel Nicolaus
CETV – Central European Media upgraded to Buy from Neutral at BofA/Merrill
NSC – Norfolk Southern target raised to $88 from $85 at Stifel Nicolaus
Downgrades
BAC – Bank of America downgraded to Equalweight at Morgan Stanley
V – Visa downgraded to Mkt Perform at FBR Capital
PNRA – Panera Bread downgraded to Neutral from Buy at Sterne Agee
PNR – Pentair downgraded to Neutral from Buy at Suntrust
CNP – CenterPoint downgraded to Neutral from Outperform at Macquarie
CVH – Coventry Health Care downgraded to Market Perform from Outperform at Bernstein
MWV – MeadWestvaco downgraded to Underperform from Outperform at BMO Capital
NEWP – Newport target lowered to $21 from $25 at Stifel Nicolaus
EAT – Brinker downgraded to Underperform from Neutral at Sterne Agee
ANN – AnnTaylor removed from Top Picks Live list at Citigroup
HCC – HCC Insurance downgraded to Market Perform from Outperform at Keefe Bruyette
POR – Portland Gen Elec downgraded to Neutral from Outperform at Macquarie
LHCG – LHC Group downgraded to Neutral from Buy at Suntrust
UBSI – United Bankshares downgraded to Hold at Stifel Nicolaus
ARX – Aeroflex downgraded to Neutral from Overweight at JP Morgan
BTU – Peabody Energy target lowered to $50 from $65 at Stifel Nicolaus
HS – Healthspring downgraded to Hold from Buy at Jefferies
PUK – Prudential Plc initiated with a Hold at Jefferies
PX – Praxair downgraded to Underperform from Buy at BofA/Merrill
DPS – Dr Pepper Snapple downgraded to Underweight from Equal Weight at Morgan Stanley
TMO – Thermo Fisher downgraded to Neutral from Buy at Lazard
FIO – Fusion-io downgraded to Hold at Stifel Nicolaus
Comments »Gapping Up and Down This Morning
Gapping up
The entire world;
NVLS +3.3%, CDNS +3.3%, HBC +3.2%, LLNW +5.2%, OTEX +5.2%, SFSF +5%, BAC +4.7%, EXXI +4.7%,
CMRE +4.3%, MS +4%, NSC +3.9%, STD +3.6%, ISIL +2.7%, DB +14.7%, AKAM +12.7%, PEIX +11.8%, ING +7.8%,
FRO +7.7%, BCS +7.6%, UBS +6.6%, DCTH +6.5%, CS +6.1%,AIXG +6%, IDCC +5.9%, RBS +5.5%, SKX +5.4%,
Gapping down
bearish portfolios
V -2.2%, LSI -2%, VALE -0.7%, LOGM -4.8%, AGNC -3.5%, GPRE -3.2%, CA -2.4%, SYMC 2.3%, ESIO 15.7%,
AXTI -15.5%, HGR -15.4%, MDR -14.6%, TQNT -13.5%, ACOM -9.2%,
SFLY -7.8%, BMC 7.4%, FOE 7.3%, EQIX -5.3%,
Comments »In Play and On the Wires
Q3 GDP: Prior 1.3%, Market Expects 2.3%, Actual 2.5%…Initial Claims: Prior 403k, Market Expects 402k, Actual 404k
U.S. Banks and The Fed Spar Over Bank Liquidity Requirements
World Markets Celebrate a Triple Play Plan
Europe says they have struck a concrete plan to recapitalize banks, make Greece take a haircut, and leverage the ESFS fund by 4 or 5 times….
Comments »FLASH: European Futures Sharply Higher
FLASH: FUTURES SOAR ON EFSF ANNOUNCEMENT
S&P futs are up 13.6 and Asian markets are up 1%+ on the EFSF announcement.
Comments »Today’s Biggest Winners and Losers
No. Ticker % Change Market Cap
1 QCOR 20.11 2,070,000,000
2 MTW 16.99 1,140,000,000
3 PNRA 14.71 3,460,000,000
4 FSLR 13.64 3,730,000,000
5 FFIV 13.15 7,170,000,000
6 ALR 13.02 1,820,000,000
7 ULTI 12.54 1,340,000,000
8 ESRX 12.24 18,780,000,000
9 MDP 11.69 1,120,000,000
10 BIIB 10.99 25,920,000,000
11 ONXX 10.88 2,290,000,000
12 ITRI 10.79 1,320,000,000
13 SLAB 9.89 1,610,000,000
14 VLO 9.66 12,500,000,000
15 MHS 8.73 18,100,000,000
16 AVX 8.65 2,180,000,000
17 XCO 8.54 2,460,000,000
18 NJ 7.51 11,140,000,000
19 MIM 7.19 1,370,000,000
20 ARW 7.02 3,810,000,000
21 HAR 6.79 2,930,000,000
22 SSRI 6.04 1,450,000,000
23 MCK 5.95 18,750,000,000
24 GTLS 5.48 1,560,000,000
25 PCS 5.38 3,290,000,000
26 RHI 5.24 3,660,000,000
27 FMER 5.18 1,440,000,000
28 RFMD 5.07 1,990,000,000
29 SLM 5.06 6,290,000,000
30 CHE 5.05 1,140,000,000
31 ATI 5.05 4,280,000,000
32 TEX 4.97 1,520,000,000
33 AIXG 4.94 1,390,000,000
34 MOLX 4.76 4,090,000,000
35 CNO 4.60 1,410,000,000
36 TSS 4.60 3,600,000,000
37 OC 4.59 3,070,000,000
38 MWW 4.50 1,060,000,000
39 ACAS 4.40 2,490,000,000
40 GEN 4.32 2,150,000,000
41 BA 4.31 47,220,000,000
42 IAG 4.02 7,550,000,000
43 CIG 3.79 10,450,000,000
44 NSU 3.73 1,010,000,000
45 LFC 3.72 65,290,000,000
46 ENDP 3.71 3,270,000,000
47 CRR 3.64 2,660,000,000
48 ADVS 3.64 1,360,000,000
49 AUQ 3.63 1,670,000,000
50 CQP 3.62 2,470,000,000
—————————————–
No. Ticker % Change Market Cap
1 HGSI -21.76 2,430,000,000
2 DV -17.49 3,150,000,000
3 RSH -12.40 1,330,000,000
4 MASI -12.05 1,340,000,000
5 AMZN -11.34 103,110,000,000
6 BMS -10.48 3,260,000,000
7 GMCR -10.12 9,910,000,000
8 TMO -9.26 20,330,000,000
9 S -9.07 8,080,000,000
10 CHRW -8.40 12,380,000,000
11 JNY -7.76 1,030,000,000
12 TRN -7.61 2,200,000,000
13 YOKU -7.18 2,380,000,000
14 BIN -7.13 2,780,000,000
15 SINA -6.16 5,820,000,000
16 VSI -5.76 1,140,000,000
17 RIMM -5.52 11,600,000,000
18 HTLD -5.46 1,280,000,000
19 F -5.31 47,230,000,000
20 ESI -5.08 1,770,000,000
21 AVY -5.06 2,780,000,000
22 HCC -5.01 3,270,000,000
23 OPEN -4.47 1,210,000,000
24 VECO -4.25 1,050,000,000
25 OMI -4.24 1,970,000,000
26 POL -4.14 1,030,000,000
27 STRA -3.96 1,040,000,000
28 ARE -3.92 4,260,000,000
29 ACOM -3.85 1,090,000,000
30 LMT -3.75 26,290,000,000
31 FTNT -3.73 3,290,000,000
32 AGN -3.73 26,530,000,000
33 BCR -3.67 7,600,000,000
34 HCBK -3.65 2,980,000,000
35 PPO -3.64 2,300,000,000
36 SFLY -3.47 1,650,000,000
37 AUY -3.41 11,570,000,000
38 WAG -3.37 30,470,000,000
39 ADP -3.25 25,500,000,000
40 UAN -3.24 1,830,000,000
41 PCLN -3.14 25,140,000,000
42 BKI -3.14 1,120,000,000
43 SAVE -3.13 1,090,000,000
44 DPS -3.10 8,540,000,000
45 CYOU -3.07 1,560,000,000
46 RENN -3.02 2,340,000,000
47 VRTX -3.00 9,020,000,000
48 WAT -2.93 7,210,000,000
49 QLIK -2.89 2,270,000,000
50 MAKO -2.87 1,590,000,000
3D HeatMap
Upgrades and Downgrades This Morning
Upgrades
NFLX – Netflix upgraded to Buy at Hudson Square Research
SGY – Stone Energy initiated with a Buy at Global Hunter Securities
REGN – Regeneron Pharms upgraded to Outperform from Market Perform at Leerink Swann
CP – Canadian Pacific downgraded to Underweight from Neutral at JP Morgan
VAL – Valspar upgraded to Buy from Neutral at Citigroup
CSGP – CoStar Group resumed with a Buy at Needham
ALB – Albemarle upgraded to Neutral from Underperform at BofA/Merrill
AMTD – TD Ameritrade upgraded to Buy from Outperform at Credit Agricole
NOK – Nokia initiated with a Outperform at Northland Securities
Downgrades
SM – SM Energy initiated with an Overweight at Barclays
FSLR – First Solar downgraded to Hold from Buy at Jefferies
BTU – Peabody Energy target lowered to $50 at Brean Murray
POL – PolyOne downgraded to Market Perform from Outperform at Wells Fargo
DTE – DTE Energy downgraded to Equal Weight from Overweight at Barclays
CHRW – C.H. Robinson downgraded to Neutral from Buy at BofA/Merrill
ALV – Autoliv downgraded to Hold from Buy at Keybanc
HGSI – Human Genome downgraded to Hold from Buy at Brean Murray
YOKU – Youku.com downgraded to Neutral from Positive at Susquehanna
HCN – Health Care REIT initiated with an Overweight at Barclays
YGE – Yingli Green Energy downgraded to Neutral at Collins Stewart
FFIV – F5 Networks target raised to $100 from $92 at Stifel Nicolaus
CE – Celanese downgraded to Neutral from Buy at Citigroup
MET – MetLife downgraded to Neutral from Overweight at Atlantic Equities
SDRL – Seadrill Ltd downgraded to Equal Weight at Johnson Rice
DGX – Quest Diagnostics downgraded to Neutral from Outperform at Macquarie
MG – Mistras Group downgraded to Hold at KeyBanc Capital Mkts
DV – DeVry downgraded to Neutral from Overweight at JP Morgan
NUS – Nu Skin target raised to $51 from $46 at Stifel Nicolaus
RSH – RadioShack downgraded to Neutral from Buy at Goldman
NYT – New York Times downgraded to Neutral from Buy at Citigroup
AMZN – Amazon.com target lowered to $265 from $280 at Stifel Nicolaus
FIRE – Sourcefire downgraded to Neutral from Buy at Citigroup
ING – ING Group downgraded to Underperform from Neutral Exane BNP Paribas
Comments »Gapping up and Down This Morning
Gapping up
BBL +1.3%, MAR +1.2%, BCS +1%, MCK +4%, DVAX +3.9%, LIFE +3.9%, ESRX +3.3%, DB +1.9%, UBS +1.8%,
SLV +1.4%, ACGL +1.4%, QCOR +13.4%, PNRA +10.2%, FFIV +8%, VLO +6.7%, SXL +5.3%, MTW +5.2%, ANH +3.9%
VAL +1.6%, MAR +1.2%, SDRL +1.9%, TOT +1.1%, CHK +1.1%, E +1%, AG +2.1%, FCX +1.8%, BBL +1.3%,
SLW +0.9%, BHP +0.4%, GLD +0.2%,
Gapping down
BRCM -4.9%, RSH -4.4%, MET -4.2%, CENX -3.9%, TJX -3.7%, DWA -1.7%, HGSI -13.6%, AMZN -11%,
DV -8.9%, MASI -6%, FTI -5.2%,
Comments »
