June 24th, 2008
List of solar stocks
The HotStockMarket lists and chart snap shots of solar stocks has been updated.
April 28th, 2008
New 52wk highs
The following stocks are exhibiting strength and making new 52wk highs:
Symbol Last
ACL 157.5
ARA 81.53
BAP 81.54
BNI 100.14
CHK 54.53
CLF 166.17
CRK 46.77
CSX 62.18
DCOM 18.81
DRS 62.02
ELN 27.12
ELNK 9.13
FRO 56.41
HCBK 19.06
HCN 50.4
JOYG 77.33
MATK 36.28
NFG 52.86
NITE 19.42
April 8th, 2008
Top 20 active stocks making new highs
New short term highs on the following stocks:
Symbol Last %Chg Industry
COV 45.95 0.42 Medical Instruments Supls
NOG 8.23 6.61 N/A
ACN 37.89 1.94 Management Services
AIT 31.95 1.69 Industrial Equip Wholesle
AKS 64.35 2.16 Steel And Iron
April 3rd, 2008
Making moves
Showing upward momentum and strength in the last 4 trading sessions:
SPY - SPDR S&P 500 ETF
C - CITIGROUP INC
MU - MICRON TECHNOLOGY INC
IWM - iShares Russell 2000
ORCL - Oracle Corporation
WMT - Wal-Mart Stores Inc
RIO - COMPANHIA VALE
EMC - EMC CORP
XLE - Select Sector SPDR
MOT - MOTOROLA INC
TLAB - Tellabs, Inc.
NOK - NOKIA CORP
GM - GENERAL MOTORS CORP
March 25th, 2008
Actives: QCOM, YHOO, COST, GILD, JNPR
Opening with a gap of 2% or higher with most active volume include:
QCOM hitting $40.87
YHOO +3% to $28.40
COST +2% to $67.01
GILD +3.4% to $51.31
JNPR +5% to $26.77
Visit the stock message boards for more on these companies and other movers.
March 24th, 2008
Financials find some legs and new 52wk highs
The beat down of financial stocks has stopped for the time being. After JPM has now upped their offer for BSC to $10 from $2, most financials have rallied as indicated by the UYG:AMEX which tracks financial stocks.
Some new 52wk highs in the markets include WMT, BEAS, HCBK, GILD, NKE CSX, TJX and URBN.
March 18th, 2008
Visa IPO priced at $44
The world’s largest processor of credit and debit cards sold 406 million shares at $44 apiece to easily eclipse the previous U.S. record IPO of $10.6 billion set by AT&T (NYSE:SBT) (NYSE:T) Wireless eight years ago.
The IPO price topped the range of $37 to $42 per share that Visa set three weeks ago just before its executives began meeting with institutional investors and analysts to drum up interest.
If investment bankers exercise an option on another 40.6 million shares, Visa’s IPO will end up raising $19.7 billion before expenses.
Visa shares, trading on under the ‘V’ ticker symbol, are scheduled to begin trading Wednesday on the New York Stock Exchange. The San Francisco-based company will debut with a market value of about $36 billion.
(Thomson Financial delivered by Newstex)
March 18th, 2008
Is Lehman next?
The next stock everybody is eying out as a disaster waiting to happen is Lehman Brothers (LEH message board).
From yahoo:
* Like Bear Stearns, Lehman is relatively small and undiversified.
* Like Bear Stearns, Lehman just reiterated that its “liquidity position is strong.”
* Like Bear Stearns, at least one of Lehman’s trading partners is cutting it off: The WSJ reports that Southeast Asia’s biggest bank, DBS Holdings, has asked traders not to enter new transactions with Lehman Brothers. “DBS has sent an internal e-mail saying it would not deal with Lehman Brothers from now on.” [Update: DBS has since re-authorized some Lehman trades]
* Like Bear Stearns, Lehman gambles about $30 for every $1 it has.
* Like Bear Stearns, Lehman chose not to raise additional capital last fall.
* Like Bear Stearns, no one has any idea what’s really on Lehman’s balance sheet (including, probably, Lehman)
* Unlike Bear Stearns, says an analyst at ING, Lehman is NOT too big to fail, which means that the Fed might not be in such a panic to bail it out.
March 16th, 2008
Update: JPM now buying BSC for $2/share
In the latest marketwatch article, JPM is mentioned to be buying BSC for $2 per share, however, CNBC reported $15 earlier in the day. Looks like we will have to see the real numbers tomorrow.
