Barclay’s Examines Technical Breakdown of Charts
Starbucks, $SBUX, Reports No Slowdown Was Seen This Summer
Upgrades and Downgrades This Morning
Upgrades
KOP – Koppers Holdings initiated with a Buy at Janney Montgomery Scott
MU – Micron downgraded to Neutral from Outperform at Wedbush
GPN – Global Payment initiated with a Buy at Stifel Nicolaus
AL – Air Lease initiated with a Buy at Citigroup
MRO – Marathon Oil upgraded to Hold at The Benchmark Company
SINA – SINA initiated with a Buy
CEA – China Eastern Airlines upgraded to Neutral from Underweight at HSBC
ZNH – China Southern Airlines upgraded to Overweight from Neutral at HSBC
EIX – Edison upgraded to Buy at Wunderlich
DELL – Dell ests raised at Brean Murray
Downgrades
DOW – Dow Chemical initiated with a Hold at Jefferies
NTRS – Northern Trust ests and target lowered to $41 at RBC Capital Mkts
REG – Regency Centers downgraded to Underperform from Neutral at BofA/Merrill
ITRI – Itron downgraded to Underperform from Neutral at BofA/Merrill
DNKN – Dunkin Brands initiated with a Hold at Argus
CZZ – Cosan downgraded to Equal Weight from Overweight at Morgan Stanley
Comments »Gapping Up and Down This Morning
Gapping up
LVLT +7.3%, HRBN +5.2%, SQNS +2.3%,CAMP +10.5%, ING +1.4%, KGC +1%, BAYRY +0.2%, PANL +0.7%,
GERN +5.1%, GLBC +4.2%, MHP +1.4%,
Gapping down
TEX -5%, CAT -0.9%, HPQ -1.3%, DB -7%, HBC -4.4%, MT -4.3%, ORN -12.8%, IR -9.9%, MU -7.7%, XRTX -5.4%, BCDS –
2.9%,UBS -4.2%, MU -3.2%, BCDS -2.9%, AU -2.3%, BHP -1.6%, RIO -1.3%, HBC -4.4%, STD -2.3%, RIO -2.7%, GFI –
2.5%, AU -2.3%, BBL -2%, BHP -1.4%, SLV -1.1%, BIDU -5.6%, DANG -4.6%, YOKU -3%, SINA -2.7%, SOHU -2.2%, QIHU –
1.6%, SDRL -3.2%,
Comments »In Play and On the Wires
Currency and Commodity Boards
Personal Income: Prior 0.8%, Mkt Expects 0.2%, Actual 0.1%
China Manufacturing Shrinks For a 3rd Month
MSCI World Country Index Puts In Worst Performance Since 2008
European Markets Fall on Slower Growth Prospects
Japanese Factory Output Rises Half Expectations
Asian Markets Produce a Yawn for the Open
Banks Are Up HUGE Over the Past Week
Despite the volatility, bank stocks have recovered a remarkable amount of market cap over the past week. Here are the biggest winners and losers, over the past week, with minimum market caps of $5 billion.
No. Ticker 1-week Return Market Cap
1 DB 28.52 36,050,000,000
2 ING 27.91 31,440,000,000
3 BCS 23.98 29,960,000,000
4 CS 21.73 33,190,000,000
5 UBS 17.78 52,640,000,000
6 AEG 16.35 8,240,000,000
7 CEO 16.18 83,490,000,000
8 MS 15.51 33,390,000,000
9 NUAN 13.82 5,560,000,000
10 BBVA 13.79 40,090,000,000
11 STD 13.75 55,580,000,000
12 TI 13.23 23,260,000,000
13 PHG 13.22 19,940,000,000
14 C 12.40 83,020,000,000
15 ELN 12.10 5,950,000,000
16 SHG 12.08 19,220,000,000
17 AFL 12.05 17,020,000,000
18 GIB 12.03 5,250,000,000
19 KB 11.97 13,970,000,000
20 VE 11.95 8,350,000,000
21 ROK 11.45 8,670,000,000
22 AV 11.45 15,520,000,000
23 MT 11.15 32,710,000,000
24 CP 10.86 9,570,000,000
25 HNP 10.72 8,160,000,000
——————————————–
No. Ticker 1-week Return Market Cap
1 NGD -16.17 5,940,000,000
2 SLW -14.95 13,760,000,000
3 NFLX -12.28 11,820,000,000
4 SIRI -11.31 6,780,000,000
5 BIDU -10.97 46,650,000,000
6 MU -10.73 6,170,000,000
7 YNDX -10.43 9,800,000,000
8 SINA -10.24 6,430,000,000
9 WYNN -10.16 18,240,000,000
10 MOS -9.85 32,440,000,000
11 BVN -9.82 11,790,000,000
12 REGN -9.77 5,370,000,000
13 VRTX -9.63 9,150,000,000
14 RRC -9.43 9,920,000,000
15 DVA -8.98 6,720,000,000
16 NBR -8.64 5,320,000,000
17 KGC -8.38 19,760,000,000
18 AUY -8.28 11,210,000,000
19 HMY -7.75 5,600,000,000
20 LVS -7.74 33,380,000,000
21 WAG -7.66 32,110,000,000
22 GOLD -7.55 9,560,000,000
23 EGO -7.42 10,700,000,000
24 GMCR -7.26 15,110,000,000
25 NBG -7.22 5,490,000,000
Today’s Chinese Carnage
No. Ticker % Change Industry
1 CAGC.PK -31.25 Chinese Burritos
2 RCON -23.08 Chinese Burritos
3 YOKU -18.41 Chinese Burritos
4 FMCN -18.17 Chinese Burritos
5 SCEI -17.17 Chinese Burritos
6 CNAM -16.67 Chinese Burritos
7 EDU -11.82 Chinese Burritos
8 NOAH -11.01 Chinese Burritos
9 GRRF -10.99 Chinese Burritos
10 SPRD -10.90 Chinese Burritos
11 TUDO -10.55 Chinese Burritos
12 XNY -10.47 Chinese Burritos
13 BORN -9.75 Chinese Burritos
14 SINA -9.68 Chinese Burritos
15 BIDU -9.17 Chinese Burritos
16 SEED -9.09 Chinese Burritos
17 CSKI -8.82 Chinese Burritos
18 CPSL -8.77 Chinese Burritos
19 LIWA -8.76 Chinese Burritos
20 SNDA -8.75 Chinese Burritos
21 PWRD -8.33 Chinese Burritos
22 VIT -7.74 Chinese Burritos
23 CGA -7.65 Chinese Burritos
24 SUTR -7.61 Chinese Burritos
25 FEED -7.25 Chinese Burritos
26 WH -7.14 Chinese Burritos
27 SCOK -7.12 Chinese Burritos
28 FSIN -7.06 Chinese Burritos
29 MY -6.99 Chinese Burritos
30 OINK -6.90 Chinese Burritos
31 CCIH -6.43 Chinese Burritos
32 CTFO -5.95 Chinese Burritos
33 YONG -5.93 Chinese Burritos
34 CISG -5.78 Chinese Burritos
35 HPJ -5.69 Chinese Burritos
36 CCSC -5.29 Chinese Burritos
37 DHRM -4.97 Chinese Burritos
38 TAOM -4.92 Chinese Burritos
39 SVA -4.78 Chinese Burritos
40 SOHU -4.78 Chinese Burritos
41 CAAS -4.75 Chinese Burritos
42 CHGS -4.72 Chinese Burritos
43 BONA -4.33 Chinese Burritos
44 ASIA -4.13 Chinese Burritos
45 NED -4.12 Chinese Burritos
46 WX -3.87 Chinese Burritos
47 QIHU -3.72 Chinese Burritos
48 CPHI -3.70 Chinese Burritos
49 HOGS -3.51 Chinese Burritos
50 CIS -3.33 Chinese Burritos
Heavily Shorted Stocks that Soared Today
No. Ticker % Change Short as % of Float
1 THO 21.02 13.50
2 AMSC 14.95 26.36
3 IOC 10.14 20.17
4 EXH 10.03 11.40
5 ETM 9.91 13.10
6 AMED 9.59 23.40
7 NYT 8.67 11.70
8 LOCM 8.64 11.80
9 ART 8.44 10.90
10 EK 8.39 37.60
11 CRZO 8.24 16.10
12 GCAP 8.12 23.10
13 SIGA 7.85 23.10
14 CRWN 7.46 12.40
15 PNFP 7.37 17.38
16 KIOR 7.31 21.20
17 ENTR 7.25 19.40
18 CONN 6.96 27.00
19 STEC 6.84 24.99
20 LEN 6.83 23.80
21 TWI 6.82 26.80
22 PPC 6.78 11.10
23 AF 6.77 10.50
24 STSA 6.74 43.10
25 UEC 6.37 13.25
26 BXS 6.12 13.50
27 RYL 5.79 18.00
28 ENOC 5.77 16.00
29 MVIS 5.71 12.70
30 SUSQ 5.65 14.18
31 FSII 5.65 11.00
32 UBSI 5.50 18.30
33 PACR 5.45 18.16
34 HMIN 5.36 20.64
35 HRBN 5.34 40.20
36 PRK 5.27 12.30
37 SKY 5.24 32.60
38 PRSP 5.24 13.50
39 HBHC 5.21 12.50
40 GMXR 5.21 13.50
41 WGO 5.19 22.60
42 AEL 5.19 12.10
43 VPHM 5.08 10.20
FLASH: Momentum Stocks Extend Intra-Day Losses
Staggering
No. Ticker % Change Market Cap
1 YOKU -22.48 2,870,000,000
2 EDU -15.63 4,160,000,000
3 AMD -15.37 4,380,000,000
4 FMCN -13.87 4,360,000,000
5 NFLX -13.08 11,820,000,000
6 BIDU -11.38 46,650,000,000
7 IPGP -11.23 2,690,000,000
8 FOSL -10.85 6,460,000,000
9 SOHU -10.28 3,040,000,000
10 TIF -10.19 9,130,000,000
11 ARIA -10.15 1,170,000,000
12 SINA -10.06 6,430,000,000
13 SIRI -9.94 6,780,000,000
14 WYNN -9.90 18,240,000,000
15 MAKO -9.76 1,450,000,000
16 DVA -9.73 6,720,000,000
17 GMCR -9.51 15,110,000,000
18 COH -9.36 15,200,000,000
19 TPX -9.23 3,910,000,000
20 NXPI -9.06 4,270,000,000
21 MPEL -8.76 6,680,000,000
22 SFY -8.53 1,270,000,000
23 GTAT -8.50 1,550,000,000
24 EW -8.36 8,580,000,000
25 MPC -8.21 12,830,000,000
26 HFC -7.98 7,590,000,000
27 CRR -7.96 3,330,000,000
28 CVI -7.89 2,210,000,000
29 WNR -7.79 1,570,000,000
30 ESI -7.75 1,970,000,000
31 ROC -7.71 3,800,000,000
32 JAZZ -7.56 1,670,000,000
33 UA -7.49 3,610,000,000
34 PWRD -7.38 1,070,000,000
35 PVH -7.30 4,350,000,000
36 SNDA -7.26 1,910,000,000
37 SPWRA -7.26 1,390,000,000
38 N -7.18 2,140,000,000
39 VRA -7.14 1,210,000,000
40 DECK -7.10 3,210,000,000
41 YUM -7.08 25,080,000,000
42 LVS -6.67 33,380,000,000
43 VCLK -6.62 1,240,000,000
44 FNSR -6.61 1,510,000,000
45 AMRN -6.59 1,420,000,000
46 YNDX -6.55 9,800,000,000
47 MU -6.29 6,170,000,000
48 PANL -6.28 2,330,000,000
49 EXPE -6.27 8,020,000,000
50 CROX -6.24 2,430,000,000
