Bible Out of ContextRandom Quotes from the Bible
For, brethren, ye have been called unto liberty; only use not liberty for an occasion to the flesh, but by love serve one another. KJV: Galatians 5:13
For you were called to freedom, brethren; only do not turn your freedom into an opportunity for the flesh, but through love serve one another. NASB: Galatians 5:13
You, my brothers, were called to be free. But do not use your freedom to indulge the sinful nature; rather, serve one another in love. NIV: Galatians 5:13
...Random blessings from the Word of God...
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Bible Out of ContextRandom Quotes from the Bible
Jesus Christ the same yesterday, and to day, and for ever. KJV: Hebrews 13:8
Jesus Christ is the same yesterday and today and forever. NASB: Hebrews 13:8
Jesus Christ is the same yesterday and today and forever. NIV: Hebrews 13:8
...Random blessings from the Word of God...
Put His Word in the context of your life!
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Bible Out of ContextRandom Quotes from the Bible
The fear of the LORD prolongeth days: but the years of the wicked shall be shortened. KJV: Proverbs 10:27
The fear of the LORD prolongs life, But the years of the wicked will be shortened. NASB: Proverbs 10:27
The fear of the LORD adds length to life, but the years of the wicked are cut short. NIV: Proverbs 10:27
...Random blessings from the Word of God...
Put His Word in the context of your life!
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Bible Out of ContextRandom Quotes from the Bible
And Jesus said unto them, I am the bread of life: he that cometh to me shall never hunger; and he that believeth on me shall never thirst. KJV: John 6:35
Jesus said to them, "I am the bread of life; he who comes to Me will not hunger, and he who believes in Me will never thirst. NASB: John 6:35
Then Jesus declared, "I am the bread of life. He who comes to me will never go hungry, and he who believes in me will never be thirsty. NIV: John 6:35
...Random blessings from the Word of God...
Put His Word in the context of your life!
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- U.S. Stocks Ease In Late Trading (Wed, 01 Sep 2010 19:15:00 GMT)
Stocks pulled back in late trading but were still on pace for their best gains in more than a month. The NYSE composite was 2.8% higher after being up 3.1% at session peak. The Nasdaq and S&P 500 rallied 2.6% each, while the Dow rose 2.2%. Turnover was tracking higher on both exchanges. Netflix (NFLX) rallied 6% on news that its on-demand service will be included in the latest version of Apple's (AAPL) Apple TV. Netflix sits about 7% past a 124.10
- Options In Focus: Hey "MON", What's This!! Pt. II (Wed, 01 Sep 2010 18:27:00 GMT)
Timing is everything when it comes to life and trading. This little fact happens to be case with an illustrated "no name" strategy in Monsanto (MON) from last night. A discussed bullish-time spread combined with bearish vertical finds itself right near the position's sweet spot for maximizing profits. Potentially a problem, if the jump in share price is a sign of things to come, the action looking forward could prove menacing if left unchecked.
- U.S. Stocks Hover Near Session's Best Levels (Wed, 01 Sep 2010 18:13:00 GMT)
Stocks held near session highs in afternoon trading Wednesday. The Nasdaq climbed 2.8% thanks to Google (GOOG), Intuitive Surgical (ISRG) and Amazon.com (AMZN). Heavyweight Apple (APPL) also helped. Shares gained 3% after it unveiled new iPods and the latest version of its operating system. Meanwhile, the NYSE composite rallied 2.9%, boosted by economically sensitive issues such as machinery and steel issues. The S&P 500 gained 2.9% and Dow 2.5%.
- U.S. Stocks Take Breather From Morning Pop (Wed, 01 Sep 2010 17:03:00 GMT)
Stocks pulled back after screaming higher on mostly upbeat economic data. The NYSE composite jumped 2.8%, down from 3.1% at session peak. The S&P 500 rallied 2.7%, the Nasdaq 2.6% and the Dow 2.3%. Turnover continued to track sharply higher on both exchanges. VeriFone Systems (PAY) rallied 7% to a 33-month high despite announcing an acquisition. The provider of electronic payment solutions agreed to buy WAY Systems for $6 million upfront, plus
- U.S. Stocks Mark Intraday Highs At Midday (Wed, 01 Sep 2010 16:22:00 GMT)
The major indexes expanded their robust gains Wednesday, rallying on encouraging economic news out of China and Australia. The NYSE composite vaulted 2.9%, the S&P 500 and Nasdaq 2.8% each, and the Dow 2.4%. Volume surged 24% on the NYSE and 30% on the Nasdaq compared with the same period Tuesday. STR Holdings (STRI) gained 6% in twice its usual volume. The maker of solar power modules is trying to rebound above its 50-day moving average.
- U.S. Stocks Soar; Chipotle Mexican Grill Breaks Out (Wed, 01 Sep 2010 15:36:00 GMT)
The major indexes rocketed to intraday highs in late-morning trade Wednesday, as bullish economic reports from China and Australia and strong U.S. manufacturing data lifted Wall Street. The Nasdaq, S&P 500 and NYSE composite vaulted 2.4% each while the Dow leapt 2.2%. Volume rose 25% on the NYSE and 31% on the Nasdaq compared with the same period Tuesday. The ISM manufacturing index rose to 56.3 in August from 55.5 in July. That was a much better
- U.S. Stocks Follow Global Markets To Big Gains (Wed, 01 Sep 2010 14:21:00 GMT)
The major indexes surged in early trading Wednesday, as strong economic news out of China and Australia loomed larger than a disappointing U.S. private employment report. The Nasdaq, S&P 500 and NYSE composite vaulted 2.4% each while the Dow leapt 2.2%. Volume rose 8% on the NYSE and 30% on the Nasdaq compared with the same period Tuesday. TRW Automotive (TRW) gained 4% in fast trade. The maker of braking and steering components for cars rose in
- U.S. Futures Surge On Bullish Chinese Economic News (Wed, 01 Sep 2010 13:24:00 GMT)
The major indexes rolled higher in pre-market action Wednesday, buoyed by strong economic news in China. S&P 500, Nasdaq 100 and Dow futures all rocketed higher ahead of the opening bell. The morning also brought some domestic economic news. The ADP employment report showed private employers cutting 10,000 jobs in August, worse than the consensus projection of 13,000 added jobs and much worse than the revised 37,000 added in July. Meanwhile, the
- Futures Up On China News (Wed, 01 Sep 2010 12:12:00 GMT)
Stock futures signaled a much higher open early Wednesday as investors embraced upbeat economic news in China and elsewhere. S&P 500 futures rose 11.6 points in the pre-market and were above fair value. Dow futures advanced 96 points. Nasdaq 100 futures climbed 22.75 points. China's manufacturing growth improved last month and auto sales also rebounded, lending hope that the world's second-biggest economy might not be slowing as fast as feared.
- Stocks Mixed; Leaders Continue To Show Resilience (Tue, 31 Aug 2010 23:19:00 GMT)
Stocks closed mixed Tuesday, trimming some losses incurred after the release of Fed minutes. The NYSE composite squeezed out a 0.1% advance. The S&P 500 and the Dow rose fractionally. The Nasdaq, hammered by losses in Broadcom (BRCM) and Research In Motion (RIMM), slipped 0.3%. Trading swelled 32% on the Nasdaq and 71% on the NYSE compared with Monday's unusually light activity. Also, it's not unusual to see heavy trading in the final session of
- Market Leaders Are Quiet Despite Overall Fast Trade (Tue, 31 Aug 2010 22:32:00 GMT)
Sector leaders were mostly quiet Tuesday, despite sharply higher volume across the market. But some leaders moved in faster trade. CNinsure (CISG) sank 1.75, or 7%, to 21.84. Volume swelled for the Chinese insurance company. Shares undercut recent lows, marking a low point since May 21. For more than a month, CNinsure has traded below its 10-week moving average line, where it has found resistance. Ulta Salon, Cosmetics & Fragrance (ULTA) slipped
- Cotton, Corn, Silver See Big Gains In August, While Natgas Sinks 22% (Tue, 31 Aug 2010 22:32:00 GMT)
Cotton topped the list of best-performing commodities in August as speculators piled into a market they saw as oversold, while corn and silver emerged as the next-biggest gainers, and natural gas the main loser. Cotton finished the month up nearly 10%, and corn rose about 8% as unfavorable weather reinforced supply concerns. Silver gained about 8% as an alternative play to gold. Natural gas lost 22%, its biggest drop in two years, as strong U.S.
- Some Top-Rated ADRs Hold On To Solid Gains (Tue, 31 Aug 2010 22:10:00 GMT)
While the broad market on Tuesday failed to impress, a good number of U.S.-listed foreign stocks managed to hold on to early gains. Stocks from different industries and countries -- such as VanceInfo Technologies (VIT), Companhia de Bebidas das Americas (ABV), Banco Santander Chile (SAN) and Tata Motors (TTM) -- all logged solid gains. Those advances occurred despite losses in most foreign stock markets Tuesday. From China, VanceInfo Technologies
- Jewelers Show Mettle In Bad Ride For Retail (Tue, 31 Aug 2010 22:09:00 GMT)
August was a tough month for retail stocks. All 18 of the retail-based industry subgroup indexes tracked by IBD lost ground for the month. The Retail/Wholesale-Jewelers subgroup slipped less, allowing it to move up to a No. 57 ranking on Tuesday. The group ranked No. 161 at the start of the month. Three stocks in the group, Fuqi International (FUQI), Fossil (FOSL) and Tiffany & Co. (TIF), hold EPS Ratings better than 80. Fossil has been the
- Bond Yields Dip; Fed Minutes Highlight Increasing Risks To Economic Growth (Tue, 31 Aug 2010 22:09:00 GMT)
Treasury debt prices gained on Tuesday after the release of minutes from the Aug. 10 Federal Reserve policy meeting said Fed policymakers saw increasing risks to economic growth. The minutes underscored investors' concerns that the U.S. recovery is faltering--worries that are burnishing the appeal of lower-risk government debt. "The overwhelming viewpoint is that the numbers we will get later this week will be indicative of a slowing economic
- Drug Venture Is Developing A Clot-Buster (Tue, 31 Aug 2010 22:09:00 GMT)
About 2.2 million Americans have atrial fibrillation, a condition that increases the risk of blood clots because of an irregular heart beat. Patients can take the blood thinner warfarin, or aspirin if they can't tolerate the drug. This $10 billion to $20 billion market faces changes as Pfizer (PFE) and Bristol-Myers Squibb (BMY) develop a new treatment. A study released Tuesday on the companies' joint venture showed better results than aspirin
- First Master Limited Partnership ETF (Tue, 31 Aug 2010 21:32:00 GMT)
The first ETF tracking master limited partnerships has flown out of the gate, trading a million shares a day since it debuted Wednesday. Alerian MLP ETF (AMLP) tracks the Alerian MLP Infrastructure Index, made up of 25 companies engaged in transporting, storing and processing gas and oil. Companies in the index together yield nearly 7%, according to Alerian. It charges 0.85% of assets to cover annual expenses. Infrastructure MLPs earn revenue from
- Options In Focus: Hey "MON", What's This? (Tue, 31 Aug 2010 21:27:00 GMT)
Sometimes there isn't going to be a name for a strategy which we feel fits best with our vision of what might be and of how to position for just that sort of move in a stock or market-related index of choice. In the end and more importantly, all option strategies boil down to some configuration of verticals, calendars and outrights. Such is the case with tonight's illustrated strategy in Monsanto (MON). I personally don't know of a name for the
- U.S. Stocks Cap August With Big Losses (Tue, 31 Aug 2010 21:07:00 GMT)
Stocks wavered to a split finish after a round of mixed economic data Tuesday. They also closed the month of August with fat losses. The Dow and NYSE rose 0.1% each and the S&P 500 edged up a fraction. Meanwhile, the Nasdaq dropped 0.3%. Chip issues stumbled for the second straight session. The Philadelphia semiconductor index lost 1.9%. Deutsche Bank noted slowing demand and downgraded a number of chip equipment makers. For all of August, the
- U.S. Stocks Waver To Mixed Close (Tue, 31 Aug 2010 20:15:00 GMT)
Stocks seesawed to a narrowly mixed finish Tuesday. Tech slipped, while the broader market was little changed. The Nasdaq fell 0.3%, but it had been down as much as 0.9% and up as much as 0.4%. The Dow and NYSE composite edged up 0.1%. And the S&P 500 ticked up a fraction. Volume jumped across the board from Friday's depressed levels. Insurance, transportation equipment makers and metal product distributors were the session's top groups. Newspaper
- Major Indexes Turn Red In Late Trade (Tue, 31 Aug 2010 19:09:00 GMT)
Stocks turned lower in late trading and were on pace to close out August with big losses. The Nasdaq fell 0.6% and S&P 500 lost 0.3%. The Dow and NYSE composite fell 0.2% each. Turnover continued to track higher on both exchanges. A number of chip issues faltered. OmniVision Technologies (OVTI) reversed earlier gains and dropped 3% in fast trade. The stock turned tail after nearly hitting its 50-day moving average. Group mate Broadcom (BRCM)
- U.S. Stocks Add Gains After Fed Minutes (Tue, 31 Aug 2010 18:42:00 GMT)
Stocks strengthened after the release of the minutes from the Fed's Aug. 10 meeting. Fed members were concerned about softer economic growth. Several wanted additional stimulus if conditions weakened. The NYSE composite climbed 0.5%, while the Dow and S&P 500 rose 0.4% each. The Nasdaq gained 0.2%. Volume was tracking higher across the board. VanceInfo Technologies (VIT) erased earlier losses and gained 4% to a record high. The stock recently
- U.S. Stocks Trim Earlier Gains (Tue, 31 Aug 2010 17:21:00 GMT)
Stocks were modestly higher in early afternoon trading Tuesday after gains from a surprising rise in consumer confidence faded. The NYSE composite rose 0.4%, boosted by transportation, machinery and metal issues. It had been up as much as 0.7% earlier. The Dow also gained 0.4%, while the S&P 500 rose 0.3%. Meanwhile, the Nasdaq lagged with a 0.1% rise. Gains in Amazon.com (AMZN) and Baidu (BIDU) were softened by losses in Google (GOOG) and
- U.S. Stocks Hit Intraday Highs At Midday (Tue, 31 Aug 2010 16:41:00 GMT)
The major indexes added to earlier gains at midday Tuesday, as volume perked up across the board. The NYSE composite and Dow both rose 0.6% after initial losses, while the S&P 500 gained 0.5%. The Nasdaq added 0.2%. Volume surged 42% on the NYSE and 17% on the Nasdaq compared with the same period Monday. Iamgold (IAG) climbed 5% in above-average volume. The gold exploration firm's stock has benefited from a big run-up in the price of the
- U.S. Stocks Rise On Consumer Confidence Data (Tue, 31 Aug 2010 15:31:00 GMT)
The major indexes gained a bit of strength in late-morning action Tuesday, buoyed by a better-than-expected reading on consumer confidence. But the Nasdaq slipped back into the red. The NYSE composite and the Dow both rose 0.3% after initial losses, while the S&P 500 gained 0.1%. The Nasdaq edged down 0.1%. Volume surged 49% on the NYSE and 15% on the Nasdaq compared with the same period Monday. The Conference Board said its consumer confidence
- U.S. Stocks Edge Higher In Early Trade (Tue, 31 Aug 2010 14:21:00 GMT)
The major indexes turned slightly higher in early trade Tuesday, erasing losses incurred at the open. The NYSE composite rose 0.2% while the Nasdaq, S&P 500 and Dow edged up 0.1% each. Volume surged 61% on the NYSE but eased 14% on the Nasdaq compared with the same period Monday. Shares of Rackspace Hosting (RAX) slumped 3% in fast trade. The Internet hosting services provider got a downgrade from Benchmark Co. Cirrus Logic (CRUS) fell 2% in
- U.S. Futures Dip Ahead Of More Economic Reports (Tue, 31 Aug 2010 13:40:00 GMT)
The major indexes pointed lower in pre-market action Tuesday on a busy morning of economic data. Nasdaq 100, S&P 500 and Dow futures all fell before the opening bell. Shares of Saks (SKS) rocketed 30% in pre-market trade on a media report that the New York luxury retailer might get a takeover offer from a private-equity group. U.S. and British buyout firms reportedly might be close to offering $1.7 billion, or $11 a share, for Saks. The S&P/Case
- Futures Point To Lower Open (Tue, 31 Aug 2010 12:19:00 GMT)
Stock futures signaled a lower open Tuesday as Wall Street continued to sputter. S&P 500 futures fell 3.6 points in the pre-market and were below fair value. Dow futures lost 34 points. Nasdaq 100 futures gave up 6.75 points. On Monday the major indexes fell hard despite a round of merger and acquisition news, stock buybacks and mixed economic data. The Nasdaq lost 1.6% for the day, while the NYSE composite and S&P 500 each fell 1.5%. The Dow
- Indexes Slide, Close Near Session Lows; Trade Light (Mon, 30 Aug 2010 23:00:00 GMT)
The stock market on Monday gave up most of Friday's sharp gains as selling picked up late in the day. The Dow lost 1.4%. The NYSE and S&P 500 each gave up 1.5%. The Nasdaq took a 1.6% hit. Small caps fell hardest, with the S&P 600 tanking 2.4%. Monday was one of the quietest sessions this year, which lessened the impact of the decline. It also indicated that institutional investors were reluctant to act as the week's heavy economic calendar began
- Leaders, IBD 100 Names Hit Hard As Stocks Soften (Mon, 30 Aug 2010 22:22:00 GMT)
A number of sector-leading stocks fell Monday, but none more than the 5% drop Ebix (EBIX) took. The maker of Web-based insurance software fell 0.99 to 18.57. Nearly twice as many shares as usual changed hands. Ebix announced that it would purchase ADAM Inc., a health technology services company, for $66 million. Immediately after the opening bell, Ebix rallied and came within 1 cent of its 19.99 52-week high. But the stock started weakening,
- Stock Fund Outflow Quickened In July (Mon, 30 Aug 2010 22:22:00 GMT)
Investors pulled $10.43 billion from stocks funds in July, even as the market rose. It was nearly double June's outflow of $5.64 billion. And it was the third month in a row of net outflow, according to the Investment Company Institute. And indications were that the situation deteriorated this month. May, June and July reversed a four-month outflow streak. For the first seven months of the year net outflow was $1.68 billion vs. inflow of $10.44
- Wheat Jumps 5% On Weather Woes Before Paring Gains; Natgas Rallies (Mon, 30 Aug 2010 22:22:00 GMT)
U.S. wheat prices jumped 5% on Monday, outperforming most commodities, before settling off their highs as mixed global weather reinforced supply concerns over the grain. Natural gas futures rose 4%, partly due to hot weather from Texas to New York, and copper climbed more than 1% to a 3 1/2 month high on technical buying. Oil slid and gold edged higher in thin trade as investors were uneasy over the sputtering economy in the U.S. -- the world's
- Bond Prices Recover From Friday Sell-Off As Fed's Bernanke Signals No New Buys (Mon, 30 Aug 2010 22:10:00 GMT)
Treasury debt prices rose on Monday as the market recouped some of Friday's sharp losses, when Federal Reserve Chairman Ben Bernanke signaled the U.S. central bank was not on the verge of a new round of bond buying. This week's housing, manufacturing and jobs data, which will offer clues to the extent to which economic growth is decelerating, could be catalysts for more big price swings in Treasuries on thin summer trading volumes, analysts said.
- McDonald's Gets Lift From Newer Items (Mon, 30 Aug 2010 21:57:00 GMT)
Last week, this column detailed some restaurants that pay a dividend and could be strong plays if consumers start to trade down as they did earlier in the recession. While some sit-down restaurants would gain, fast food giants such as McDonald's (MCD) could also thrive in a double-dip recession. If GDP does contract again, the low prices at McDonald's could be appealing for many. In 2008, it was just one of two Dow stocks to post gains. But
- Casino Group Holds Amid Bumpy Market (Mon, 30 Aug 2010 21:57:00 GMT)
The Leisure-Gaming/Equipment group ended Friday at No. 34. Headed by stocks like Wynn Resorts (WYNN) and Las Vegas Sands (LVS), the group ranked No. 71 at the beginning of August. Because the market has pulled back for the past three weeks, some groups have advanced simply by holding their ground. A number of stocks in the gaming group, including Full House Resorts (FLL), have done just that. The stock holds an EPS Rating of 99, the best in the
- Internal Market Demand May Be Russia's Next Economic Driver (Mon, 30 Aug 2010 21:57:00 GMT)
Russia and the other republics of the former Soviet Union are among the most exciting new markets in Europe. But each country has its specific problems, including lack of political stability and spotty enforcement of the rule of law. Ruben Vardanian says another problem is human nature. Preconceived notions among investors and whole populations can be a serious obstacle to global prosperity. Vardanian is CEO of Troika Dialog, Russia's biggest
- U.S. Stocks Fall Hard In Soft Volume (Mon, 30 Aug 2010 21:10:00 GMT)
A round of merger and acquisition news, stock buybacks and mixed economic data failed to lift stocks Monday. Instead equities fell hard and erased most of Friday's work. The Nasdaq tumbled 1.6%, dragged lower by Google (GOOG), Intuitive Surgical (ISRG) and Wynn Resorts (WYNN). Chips issues also crumbled. The Philadelphia semiconductor index swooned 2.5%. Meanwhile, the NYSE composite and S&P 500 lost 1.5% each and the Dow fell 1.4%. Twenty-nine of
- Options In Focus: A "GILDed" Bear? (Mon, 30 Aug 2010 20:23:00 GMT)
As a trader striking profit gold can be difficult business at times, particularly so when the broader market is correcting. In saying that, being able to place a bearish position while enjoying the benefit of limited risk, might stand to make sense and possibly a few more cents to investors. And the last time I checked, this was only possible with the use of options. Whether a trader feeling bearish wants to purchase a simple put, maybe buy an
- U.S. Stocks Return Most Of Friday's Gains (Mon, 30 Aug 2010 20:20:00 GMT)
Stocks stumbled Monday, retracing the bulk of Friday's advance. All major indexes closed at session lows. The Nasdaq shed 1.6% while the NYSE composite and S&P 500 both fell 1.5%. The Dow lost 1.4%. Turnover dropped sharply across the board. Decliners beat advancers by nearly 4-to-1 on the Nasdaq and more than 3-to-1 on the NYSE. The Commercial Services-Advertising group fared the worst, with DG FastChannel (DGIT) diving 35% on a weak sales
- U.S. Stocks Grind Out More Losses (Mon, 30 Aug 2010 19:15:00 GMT)
Stocks worsened in late trading Monday and have given back a bit more than half of Friday's gains. The Nasdaq and NYSE composite were down 1% each. The S&P 500 fell 0.9% and the Dow 0.8%. Volume was still tracking sharply lower across the board at an anemic pace. Former leader DG FastChannel (DGIT) gapped down and plunged 35% in huge volume. The digital media firm guided Q3 and full-year sales below analysts' expectations. It announced a $30
- U.S. Stocks Hold Near Session Lows (Mon, 30 Aug 2010 18:16:00 GMT)
Stocks weakened and hovered near session lows in afternoon trading Monday. The Nasdaq, NYSE composite and S&P 500 lost 0.8% each. The Dow fell 0.7%. Volume was tracking vastly lower on both exchanges, which eased the impact of the selling. Leaders up or down in heavy volume were few. 3Par (PAR) slipped 3% as it awaits a potential counteroffer from Dell (DELL). On Friday, 3Par's board determined that Hewlett-Packard's (HPQ) $2 billion, $30-a-share
- U.S. Stocks Weaken In Early Afternoon Trade (Mon, 30 Aug 2010 17:18:00 GMT)
Stocks trimmed losses in early afternoon trading Monday after sliding to new session lows. The Nasdaq pared an earlier 0.8% loss to 0.6%. Google (GOOG), Intuitive Surgical (ISRG) and Amazon.com (AMZN) were some of the tech-heavy index's biggest losers. Chip issues were also weak. The Philadelphia semiconductor index dropped 1.7%. The Semiconductor Industry Association said global chip sales jumped 37% from last year's levels in July. But sales
- U.S. Stocks' Losses Accelerate, But In Quiet Trade (Mon, 30 Aug 2010 16:22:00 GMT)
The major indexes dropped to intraday lows at midday Monday, though volume remained light. The NYSE composite, Nasdaq and S&P 500 fell 0.7% each, while the Dow slipped 0.6%. Volume slid 40% on the NYSE and 36% on the Nasdaq compared with the same period Friday. Lululemon (LULU) tumbled 9% in heavy volume. The athletic apparel maker's stock plunged further beneath its 200-day moving average after a downgrade from Jefferies & Co. Aruba Networks
- U.S. Stocks Slip In Quiet Volume (Mon, 30 Aug 2010 15:24:00 GMT)
The major indexes traded moderately lower in late-morning trade Monday, as investors took in a report on consumer spending and income, and looked ahead to other economic indicators this week, including the monthly jobs report. The NYSE composite edged down 0.4% while the Nasdaq, S&P 500 and Dow dipped 0.3% each. Volume slid 41% on the NYSE and 35% on the Nasdaq compared with the same period Friday. Spreadtrum Communications (SPRD) fell 4% in
- U.S. Stocks Edge Lower; Fossil Rallies On Buyback (Mon, 30 Aug 2010 14:16:00 GMT)
The major indexes opened slightly lower Monday as investors took in the latest reading on consumer spending and income, plus a raft of merger and acquisition news. The NYSE composite edged down 0.2% while the Nasdaq, S&P 500 and Dow dipped 0.1% each. Volume slid 22% on the NYSE and leapt 30% on the Nasdaq compared with the same period Friday. Fossil (FOSL) jumped 6% in heavy volume. The apparel and accessories chain announced a $750 million stock
- U.S. Futures Edge Up On Economic Data (Mon, 30 Aug 2010 13:14:00 GMT)
Stock futures trimmed losses in pre-market action Monday, buoyed by the latest consumer spending and income figures. Nasdaq 100, S&P 500 and Dow futures all turned slightly higher ahead of the opening bell. July consumer spending rose 0.4%, topping estimates of 0.3% growth. Consumer income climbed 0.2%, slightly below the median forecast of a 0.3% advance. A government extension of jobless benefits helped buoy the income number. The savings rate
- Futures Point To Lower Open (Mon, 30 Aug 2010 12:15:00 GMT)
Stock futures signaled a lower open early Monday as Wall Street backpedaled after posting big gains the prior session. S&P 500 futures fell less than a point in the pre-market and were below fair value. Dow futures slipped 17 points. Nasdaq 100 futures gave up 1 point. On Friday stocks rebounded to post their best gains in nearly four weeks. The Nasdaq rallied 1.7%, while the NYSE composite climbed nearly 2%. The Dow and S&P 500 rose 1.7% each.
- Stocks Add Big Gains In Faster Volume (Fri, 27 Aug 2010 23:25:00 GMT)
Stocks reversed higher in wild action Friday to finish on the upside. The indexes also ended near the top of the day's range, a bullish sign. Three of the four major indexes undercut their recent low but rebounded immediately. Only the NYSE composite held above its recent low. It surged nearly 2% Friday, leading the major indexes. The Dow and the S&P 500 bounced 1.7% each, while the Nasdaq added 1.6%. Volume rose across the board. Despite the
- High Prices Power Eldorado (Fri, 27 Aug 2010 23:11:00 GMT)
Gold continues to command a high price as investors keep fretting about the economy. One way to give your portfolio some exposure to this ultimate safe haven is through a stake in a gold miner. After all, mining companies earn a profit on the difference between the cost of producing an ounce of gold and the price they can charge for it. The gold industry group, labeled Mining-Gold/Silver/Gems, has jumped to No. 7 out of IBD's 197 groups as of
- Baidu Still Reigns Supreme (Fri, 27 Aug 2010 23:11:00 GMT)
The "L" in CAN SLIM stands for leader. Always focus on the best companies from the top-performing industry groups. In IBD's highly rated Internet-Content group, Baidu (BIDU) is tops. The firm has the best Earnings Per Share and Composite Ratings in the 33-member group. Baidu provides Internet search and content services. According to research firm Analysys International, the company is No. 1 in the Chinese Internet search market. In the second
- Leaders Follow Multiple Paths As Market Corrects (Fri, 27 Aug 2010 22:47:00 GMT)
The market is correcting. It needs to bottom, then stage a follow-through day in order to launch a fresh rally. That upshift may take time, or it could happen as quickly as this week. Keep those two possibilities in mind as you weed through your watch list and look over the current IBD 100 charts. In the past, many weeks have shown similar behavior among large groups of leading stocks. This past week showed an unusual range of activity. Some
- Sector Leaders Jump; Riverbed Hits New High (Fri, 27 Aug 2010 22:33:00 GMT)
Sector-leading stocks nearly all charged ahead on Friday, as the major indexes advanced in higher turnover and closed near the day's highs. Riverbed Technology (RVBD) surged 3.01, or 8%, to 39.19 in strong trade. The maker of computer networking products climbed to a fresh two-year high of 39.45 and closed just below that peak. Riverbed has staged a classic rebound off its 10-week moving average, topping a prior high of 38.36 hit on Aug. 2. Jinko
- Nondefensive Industries Lead Thus Far In Q3 (Fri, 27 Aug 2010 22:33:00 GMT)
The volatile rotation among top industry groups over the past three months has hinged largely on views for economic recovery. Views toward a gradual warming of economic conditions lifted stocks in retailing, commodities, transportation and export industries. Concerns over a double-dip outlook boosted defensive plays such as bond funds, gold miners and auto parts chains. Take a quick look at the Groups With Highest Percent Of Stocks At New Highs
- Russia's Troika Dialog Dominates New Market (Fri, 27 Aug 2010 22:06:00 GMT)
Ruben Vardanian is the face of the new Russia: He's young yet experienced, wealthy and passionate about his business, very international but extremely savvy about what's going on in Russia and the other former republics of the Soviet Union. Vardanian came to Russia from Armenia 25 years ago to attend Moscow State University. But his real opportunity came as the communist system imploded. Suddenly, in that very old country, everything was new. He
- 'Sin Stocks' Diageo, Altria Hike Dividend (Fri, 27 Aug 2010 22:06:00 GMT)
Two so-called "sin stocks" recently lifted their dividend payouts. This is an indicator of financial strength that potential income investors should keep an eye on. Sin stocks are those that cash in on others' addictions, much like the $47 billion tobacco giant Altria (MO) does. The maker of Marlboro cigarettes said it would lift its dividend 8.6% to 38 cents a quarter. The company's dividend now yields 6.8% annually. It is payable on Oct. 12 to
- Pitfalls Of Borrowing From Your 401(k) (Fri, 27 Aug 2010 22:01:00 GMT)
Need extra cash? Sooner than your local bank will approve a loan? With much less paperwork? At a far lower interest rate? No matter how crummy your credit score is? Chances are it's yours for the asking. Most plans let members borrow from their regular 401(k) accounts. The portion of members of plans run by Fidelity Investments borrowing from their accounts in the 12 months ended June 30 hit 11.1%. That's the highest since Fidelity began to keep
- U.S. Stocks Stage Big Intraday Reversal But End Week Lower (Fri, 27 Aug 2010 21:17:00 GMT)
Stocks bolted higher after a volatile session Friday. A better-than-expected reading in Q2 GDP growth, albeit slower than in the first quarter, boosted equities early on, but things took a turn for the worse after Fed Chairman Ben Bernanke expressed concern over the weakening economic recovery. Intel's revenue warning added to worries. Still, stocks found their footing shortly after 10 a.m. EDT and spent the rest of the session working higher. The
- U.S. Stocks End With Big Gains (Fri, 27 Aug 2010 20:25:00 GMT)
Stocks staged a big comeback to end with solid gains Friday. All major averages closed near session highs. The NYSE composite jumped 1.9%, while the Dow and S&P 500 gained 1.7% each. And the Nasdaq climbed 1.6%. Volume climbed across the board. Computer groups were the session's performers, thanks to 3Par (PAR), which in the midst of bidding war between Dell (DELL) and Hewlett-Packard (HPQ). Retail-related groups lost ground.
- Options In Focus: Apples-to-Bananas? (Fri, 27 Aug 2010 20:10:00 GMT)
Last night we discussed how stock bulls can potentially double up for free using a 1 x -2 ratio front-spread in conjunction with long stock. For details regarding the strategy, I'll gladly refer readers back in that archived direction rather than dazzle other folks with too much redundancy in front of a late summer weekend. In tonight's ultra-short piece, we're illustrating the strategy using Apple (AAPL) and a picture sure to be worth a thousand
- U.S. Stocks Extend Gains (Fri, 27 Aug 2010 19:07:00 GMT)
The major stock indexes tacked on more gains in late trading Friday, but most were still on pace for their third straight weekly loss. The NYSE composite rallied 1.7% and Nasdaq 1.6%. The Dow and S&P 500 climbed 1.5% each. Radiant Systems (RADS) shrugged off earlier losses and rose 5% in heavy trading to its best level in more than two years. The stock cleared a 15.21 buy point from a handle in a double-bottom base Aug. 6. Earlier this month, the
- U.S. Stocks Add To Gains (Fri, 27 Aug 2010 18:15:00 GMT)
The major stock indexes extended gains in afternoon trading Friday. The NYSE composite rallied 1.5% while the Nasdaq gained 1.3% and the S&P 500 climbed 1.2%. The Dow rose 1.4%. Turnover was again tracking sharply higher across the board. Jinko Solar (JKS) climbed nearly 4% in fast trade. It's on pace to snap a three-session pullback. The stock came public in May and cleared a first-stage cup-with-handle base July 7. Jinko is a Chinese maker of
- U.S. Stocks Hold Near Highs (Fri, 27 Aug 2010 17:40:00 GMT)
Stocks hovered near session highs in a wild trading session Friday. The NYSE composite rallied 1.3%, helped by transportation equipment makers, steel and the machinery group. The Dow and S&P 500 climbed 1.1% each. Meanwhile, the Nasdaq gained 1%. Earlier, heavyweight Intel (INTC) lowered its Q3 sales forecast to a range of $10.8 billion to $11.2 billion, down from a prior forecast of $11.2 billion to $12 billion. The chip giant cited slowing PC
- U.S. Stocks Mark Intraday Highs At Midday (Fri, 27 Aug 2010 16:23:00 GMT)
The major indexes climbed to intraday highs at midday Friday, as investors snapped up shares following an encouraging GDP report and amid comments on the economy from Fed chief Ben Bernanke. The NYSE composite jumped 1.3%, the Dow and S&P 500 1% each, and the Nasdaq 0.9%. Volume swelled 23% on the NYSE and 41% on the Nasdaq compared with the same period Thursday. IESI-BFC (BIN) gained 4% in above-average trade. The Canadian waste collection and
- U.S. Stocks Rise In Higher Volume (Fri, 27 Aug 2010 15:23:00 GMT)
The major indexes pushed higher in late-morning trade Friday, as investors weighed cautious comments from Federal Reserve Chairman Ben Bernanke and a better-than-expected GDP report. The NYSE composite climbed 1%, the Dow 0.9%, the Nasdaq 0.6% and the S&P 500 0.4%. Volume swelled 35% on the NYSE and 48% on the Nasdaq compared with the same period Thursday. Riverbed Technology (RVBD) gained 6% on more than triple its normal trade. The computer
- U.S. Stocks Mostly Edge Higher In Wild Early Trade On Cautious Bernanke Comments (Fri, 27 Aug 2010 14:24:00 GMT)
The major indexes opened higher Friday, only to see gains weighed down by cautious comments from Federal Reserve Chairman Ben Bernanke and overlooking a better-than-expected GDP report. After losing all of their opening gains, the Nasdaq rebounded to edge up 0.1% but the S&P 500 slipped 0.4%. The NYSE composite gained 0.3% and the Dow 0.2%. Volume swelled 13% on the NYSE but fell 24% on the Nasdaq compared with the same period Thursday. Bernanke
- U.S. Futures Gain Steam; GDP Better Than Expected (Fri, 27 Aug 2010 13:19:00 GMT)
The major indexes expanded earlier gains in pre-market action Friday, following a better-than-expected reading on second-quarter gross domestic product. S&P 500, Nasdaq 100 and Dow futures all traded higher ahead of the opening bell. The second estimate of second-quarter GDP showed a growth rate of 1.6%. That was down from a previous estimate of 2.4%, but still above economists' consensus forecast of 1.4%. The quarter saw the largest surge in
- Futures Point To Higher Open (Fri, 27 Aug 2010 12:13:00 GMT)
Stock index futures moved higher early Friday ahead of a speech by Federal Reserve Chairman Ben Bernanke and an estimate on second-quarter gross domestic product. S&P 500 futures rose 3 points in the pre-market and were above fair value. Dow futures advanced 25 points. Nasdaq 100 futures climbed 8.5 points. The second estimate of second-quarter GDP is due at 8:30 a.m. EDT. Economists expect an annualized growth rate of 1.4%, down from a previous
- Opening Gains Vanish As Volume Drops (Thu, 26 Aug 2010 23:03:00 GMT)
Stocks popped at the open Thursday as weekly jobless claims came in better than expected. But the optimism lasted less than an hour and the major indexes slouched to sizable losses. The Nasdaq stepped back 1.1%, the S&P 500 0.8%, the Dow 0.7% and the NYSE composite 0.5%. The IBD 100 dropped 0.5%. Volume fell across the board. The quiet volume came a day before Friday's report on GDP growth in the second quarter. The advance figure of 2.4% was
- Bond Prices Rise In Safety Bid As Stocks Fall; Jobless Claims Dip But Remain High (Thu, 26 Aug 2010 22:16:00 GMT)
Treasuries climbed on Thursday as fresh stock losses revived a bid for safe-haven U.S. government bonds, even with yields at their lowest levels in more than a year. Anticipation of Federal Reserve Chairman Ben Bernanke's remarks on Friday at the annual symposium in Jackson Hole, Wyo., may also have lifted prices. Stocks finished broadly lower. Bernanke's speech will be the Fed chief's first public comments since the U.S. central bank said it
- Bob Evans Ups Dividend; P.F. Chang's Bases (Thu, 26 Aug 2010 22:16:00 GMT)
The threat of a double-dip recession is a clear and present danger. If the economy can't avoid that fate, investors should be ready to invest accordingly. In the last recession -- or first part of the possible ongoing Great Recession -- consumers traded down. Whether it's would-be Macy's (M)shoppers turning to Wal-Mart (WMT), or it's sit-down restaurant consumers choosing cheaper venues, the public will find ways to cut back. Bob Evans (BOBE) is
- Underdogs Lift, Leaders Base In Alcohol Group (Thu, 26 Aug 2010 22:16:00 GMT)
Alcoholic beverage makers plowed into the ranks of leading industries this week, capping a 13-week advance from deep in the industry rankings. The group holds four stocks priced above $10 with EPS Ratings of 80 or higher. Two of those are the Class A (ABV) and C (ABVC) shares of Companhia de Bebidas, also known as AmBev. The Brazil-based beer brewer played a role in the group's early rise, climbing 26% between May and July. It built what could be
- Sector Leaders Largely Drop In Weak Turnover (Thu, 26 Aug 2010 22:16:00 GMT)
Sector-leading stocks mostly lost ground in soft trade Thursday and closed near their lows for the day, mirroring the action by the major indexes. Lululemon Athletica (LULU) shed 1.38, or 4%, to end at 35.61. The retailer of yoga-inspired apparel fell to its 40-week moving average. Lululemon had traded comfortably above that key trend line for more than a year. The stock staged a breakout on June 16, but the move quickly flopped. Priceline.com
- Hang Seng Hangs Firm As U.S. Averages Fall (Thu, 26 Aug 2010 22:16:00 GMT)
You've heard by now how much more risk and volatility one faces in emerging markets than in the U.S. True enough, but that doesn't necessarily mean foreign markets will always fall harder than U.S. averages in down markets. Hong Kong's Hang Seng has been holding up far better than the Nasdaq or S&P 500 since Aug. 9, a date which looks like a turning point on the indexes' charts. Through Thursday's close, the Hang Seng has ceded just 0.5%. The
- 401(k) Members Tap Cash In Accounts (Thu, 26 Aug 2010 22:16:00 GMT)
Amid economic uncertainty and high joblessness, 401(k) participants have stepped up borrowing from their accounts. Borrowing in the past year has whittled down 401(k) members' balances, Fidelity Investments reported last week. And the ranks of plan members with outstanding loans also increased in the second quarter. "The increases are mainly due to the tough times," said Beth McHugh, Fidelity vice president of market insights. The portion of
- China's Influence Softens Among Non-U.S. Leaders (Thu, 26 Aug 2010 21:30:00 GMT)
Nearly 120 stocks made this week's Your Weekly Review cut, in line with the group's breadth over the past several weeks. An interesting development in the group: the rise of companies based outside the U.S. Seven of the top 10, and 19 of the top 50 companies in this week's Weekly Review are based outside the U.S. But unlike much of the recent past, only a small number of those leaders are from China. One China-based play, Camelot Information
- U.S. Stocks Shrug Off Better-Than-Expected Jobs Data (Thu, 26 Aug 2010 21:19:00 GMT)
Stocks turned lower Thursday despite a bigger-than-expected drop in weekly jobless claims. The downside reversal also erased Wednesday's gains. The Nasdaq dropped 1.1%, hurt partly by chip issues. The Philadelphia semiconductor index lost 2%. Losses in Intuitive Surgical (ISRG), Google (GOOG), Apple (AAPL) and Wynn Resorts (WYNN) also hurt the Nasdaq. Meanwhile, the S&P 500 lost 0.8%, the Dow 0.7% and the NYSE composite 0.5%. Volume fell sharply
- Stocks Fall, Dow Slips Below 10,000 As Volume Is Weak (Thu, 26 Aug 2010 20:31:00 GMT)
Stocks fell Thursday and the Dow slipped back below 10,000. The Dow fell 0.7%, the Nasdaq 1.1%, S&P 500 0.8% and the NYSE composite 0.5%. Volume was sharply lower across the board. Nearly every component on the Dow was lower. Tech giants Cisco (CSCO), IBM (IBM) and Intel (INTC) weighed the index down the most, falling 2.4%, 2% and 1.6%, respectively. Early in the session shares rose on an unexpected drop in jobless claims. Optimism quickly faded
- U.S. Stocks Falter In Late Trade (Thu, 26 Aug 2010 19:15:00 GMT)
Stocks took a turn for the worse, stumbling to new session lows in late trading Tuesday. Not only have the major averages wiped out this morning's work, they've erased Wednesday's gains as well. The Nasdaq shed nearly 1%. Weakness in Intuitive Surgical (ISRG), Google (GOOG), Wynn Resorts (WYNN) and Amazon.com (AMZN) hurt the tech-heavy index. Chip issues also weighed. The Philadelphia semiconductor index fell 1.8%. Earlier Thursday, Deutsche Bank
- Options In Focus: Double Up for Free? (Thu, 26 Aug 2010 19:13:00 GMT)
Some investors will always resort to using long stock, despite my own and other option traders' insistence to convert to the dark, or umm derivatives side of the market. But do readers realize there's a strategy with options that may require no cost to enter into but can yield double the returns of a naked long stock position? There is, and to more than a few educated option traders its known as a double-long position. The double long is
- U.S. Stocks Remain Largely Lower (Thu, 26 Aug 2010 18:10:00 GMT)
The major indexes remained mostly in the red in midafternoon trade, with just the NYSE composite holding on to a gain. The NYSE was up 0.1%. Meanwhile, the Nasdaq was down 0.4%, the Dow 0.3% and the S&P 500 0.2%. Turnover continued to track lower across the board. Tata Motors (TTM) gained 3% in solid turnover. The Indian automaker is 4% above a cup buy point of 20.94. The stock has a Composite Rating of 91. Earnings per share are seen rocketing
- U.S. Stocks Waver In Choppy Trading (Thu, 26 Aug 2010 17:09:00 GMT)
Stocks chopped around in narrowly mixed territory as earlier enthusiasm waned. The Nasdaq fell 0.4% after rising as much as 0.6% intraday. The Dow fell 0.3% and S&P 500 0.1%. Meanwhile, the NYSE composite rose 0.1% thanks in part to gains in regional banks and transports. Turnover was again tracking sharply lower on both exchanges. Jo-Ann Stores (JAS) gapped above its 200-day and 50-day moving averages and surged 13%. Late Wednesday, the operator
- U.S. Stocks Largely Turn Negative (Thu, 26 Aug 2010 16:31:00 GMT)
The major indexes turned mostly lower in midday trading, with only the NYSE composite and small-cap stocks managing to stay in positive territory. The NYSE was up 0.1%. The Nasdaq was down 0.3%, while the Dow fell 0.1% and the S&P 500 shed a fraction. The small-cap S&P 600 rose 0.2% Volume continued to track lower across the board. VMware (VMW) advanced 1% in solid trade. The maker of virtualization software broke out back in January, and now it
- U.S. Stocks Ease Slightly From Session Highs For Mild Gains (Thu, 26 Aug 2010 15:15:00 GMT)
Stocks eased from session highs Thursday but still extended the prior session's gains. Major stock averages opened higher after weekly jobless claims fell more than forecast, making it the first better-than-expected piece of economic news this week. The NYSE composite climbed 0.6% and the S&P 500 rose 0.4%, thanks to machinery, steel and rail issues. The Dow gained 0.3% while the Nasdaq, up 0.6% in the early going, edged up 0.2%. Volume was
- U.S. Stocks Open Higher (Thu, 26 Aug 2010 14:11:00 GMT)
Stocks opened higher after weekly jobless claims fell more than expected. The NYSE composite rose 0.4%, Nasdaq 0.3%, S&P 500 0.2% and Dow 0.1%. Volume climbed on the Nasdaq, but fell on the NYSE. Heico (HEI) gapped up and flew 16% to a three-month high. Late Wednesday, the aircraft parts maker topped views with a 33% lift in fiscal Q3 earnings and a 18% gain in sales. Heico pegged full-year profit between $1.50 and $1.53 a share vs. views of
- Futures Improve After Jobs Data (Thu, 26 Aug 2010 13:13:00 GMT)
Stock futures pointed to a higher opening Thursday following better-than-expected jobs data. Nasdaq 100 futures rose 11 points vs. fair value, S&P 500 futures gained 6 points and Dow futures climbed 43 points. In economic news, first-time jobless claims fell by a wider-than-expected 31,000 to 473,000. The prior week's claims were revised to 504,000 from 500,000. Expectations were for a drop to 485,000. Futures sharply improved after the release.
- Futures Point To Higher Open (Thu, 26 Aug 2010 12:14:00 GMT)
Stock futures rose modestly early Thursday as Wall Street looks to build on the prior session's rally. S&P 500 futures climbed less than 1 point in the pre-market and were above fair value. Dow futures advanced 4 points. Nasdaq 100 futures climbed 2.75 points. On Wednesday the major indexes staged a big finish after brushing off worse-than-expected data on durable goods and housing. The Nasdaq climbed 0.8% for the day, while the S&P 500 rose 0.3%.
- Stocks Shake Off Drab Data To Rise In Slow Volume (Wed, 25 Aug 2010 23:11:00 GMT)
Stocks fought to a positive finish Wednesday despite head winds from gloomy economic news. The Nasdaq tacked on 0.8%, the S&P 500 0.3% and the Dow and NYSE composite 0.2% each. Volume fell across the board. Among industry groups, gold miners were one of the day's best performers. Twelve gold or silver stocks trading above $12 a share rose 3% or more. Gold prices rose as investors sought a safe haven. Economic news provided no help to the market.
- Weak Data Hit Coffee, Corn, Wheat; Oil Snaps Five-Session Losing Streak (Wed, 25 Aug 2010 22:30:00 GMT)
Another round of gloomy U.S. economic data sank most commodity markets on Wednesday as investors fretted about the demand outlook for raw materials, although oil and copper repaired steep early losses by the end, rebounding with Wall Street. U.S. crude oil futures ended more than 1% higher, bouncing up from an 11-week low and ending five days of losses, as the market shrugged off government data showing rises in crude oil and product inventories
- MercadoLibre, Warner Chilcott Fall; Indexes Rally (Wed, 25 Aug 2010 22:10:00 GMT)
Most sector-leading stocks retreated Wednesday, while the major indexes erased early losses to close higher in soft turnover. Big decliners included MercadoLibre (MELI) and Warner Chilcott (WCRX). MercadoLibre fell 2.33, or 4%, to 63.59 in strong trade. The Latin American online marketplace has now fallen by 2% to 3% for three straight days after hitting an all-time high of 70.95 early Monday. The stock neared its 10-week moving average on
- Bond Prices Dip As Stocks Close Higher; 10-Year Note Hits Lowest Since Jan. '09 (Wed, 25 Aug 2010 22:10:00 GMT)
Treasuries retreated on Wednesday as modest stock market gains dampened the bid for safe-haven U.S. government debt. Traders took profits even though dismal reports on the U.S. economy continued unabated. Weak durable goods orders and new-home sales data showed fresh signs of a decelerating economy, but analysts said yields already reflected a gloomy outlook, given they are near a 16-month low. On the other side of the equation, the knowledge that
- China Chases Top Slot In Solar Energy Trade (Wed, 25 Aug 2010 21:53:00 GMT)
China-based Jinko Solar Holding (JKS) has leapt this summer, closing last week 120% above its May 14 initial offering price. That made it the second most successful initial public offering this year, just behind India-based travel agent MakeMyTrip (MMYT). MakeMyTrip closed last week 131% above its price at its Aug. 11 IPO. Jinko Solar's jet-assisted launch propelled the volatile Energy-Solar industry group from a No. 192 ranking 13 weeks ago to
- August Caps Hot Summer Of Group Rotation (Wed, 25 Aug 2010 21:53:00 GMT)
About half the groups in the top 20 industry rankings have turned over since the beginning of August. That turnover is the most recent episode in a summer of unusually volatile sector rotation. In late June, defensive groups such as alcoholic beverages, oil and gas pipelines and telecom services bolted ahead in the rankings. A month later, the Energy-Solar group led a shake-up that ousted a number of defensive plays. Foreign banks and educational
- While Retail Gets Weaker, Dividends Rise (Wed, 25 Aug 2010 21:53:00 GMT)
There are dividends to be found outside the traditional income fields like investment trusts, drugmakers and sin stocks. Clothing chains, while a bit riskier, can give investors an attractive dividend. American Eagle Outfitters (AEO), a tween and 20-something clothing chain, reported a weak quarter on Wednesday. Profit dropped 28% to 13 cents a share, matching analysts' expectations. Sales edged higher to $651.5 million, missing views. The chain
- Coffee ETN's Run-Up Grinds To A Halt (Wed, 25 Aug 2010 21:30:00 GMT)
Coffee has suffered a loss of grande proportions (a la Starbucks) this week, crashing nearly 10% -- the biggest swoon in 2 1/2 years. Coffee for December delivery -- currently the most heavily traded contract -- lost 1% Wednesday following a 7.3% nosedive the prior session when it logged its largest one-day drop since March 2008. The contract closed at $1.666 a pound Wednesday. Prices hit their highest in nearly 13 years on Aug. 20, closing at $1.85
- U.S. Stocks Shake Off Dismal Data (Wed, 25 Aug 2010 20:59:00 GMT)
Stocks staged a big comeback to finish higher Wednesday, brushing off worse-than-expected durables and housing data. The Nasdaq rallied 0.8%, thanks to heavyweights, such as Intuitive Surgical (ISRG), Google (GOOG), Apple (AAPL) and Amazon.com (AMZN). Intraday, the tech-heavy index found support near the 2100 level. The S&P 500 climbed 0.3% while the Dow and NYSE composite rose 0.2% each. Turnover slipped on both exchanges. VeriFone Systems (PAY)
- Options In Focus: RSVP that Option to "OPEN" (Wed, 25 Aug 2010 20:53:00 GMT)
You know that hot new restaurant that everyone is trying to get a seat at? Well if we can draw an analogy to a stock that's technically on fire, it's a good policy to maintain a position that puts you in front of the emergency exit, just in case. The only way to truly do that is with the assistance of listed calls and puts in the underlying. However, without proper liquidity, traders need to be wise to their limitations and likely "RSVP that
- U.S. Stocks Rebound From Big Intraday Losses (Wed, 25 Aug 2010 20:28:00 GMT)
Thanks to some afternoon buying, the major stock indexes bounced back from losses of 1% or more to close higher Wednesday. The Nasdaq rallied 0.8% after falling as much as 1% intraday. Meanwhile, the S&P 500 rose 0.3%. The Dow and NYSE composite gained 0.2%. The latter three indexes avoided a fifth straight down day. Volume dipped on both exchanges. Restaurant operators were Wednesday's top group, thanks to a surge in shares of Biglari Holdings
- U.S. Stocks Higher In Late Trading (Wed, 25 Aug 2010 19:17:00 GMT)
Stocks again improved in late trading Wednesday. All major indexes have turned green after falling on this morning's round of worse-than-expected economic data. The Nasdaq rallied 0.7%, thanks to gains in Intuitive Surgical (ISRG), Google (GOOG), Amazon.com (AMZN) and Apple (AAPL). Earlier, the Nasdaq had been down 1% but found support near the 2100 level. Meanwhile, the Dow and S&P 500 gained 0.2% and 0.3% respectively. The NYSE composite ticked
- U.S. Stocks Turn Mixed (Wed, 25 Aug 2010 18:14:00 GMT)
Stocks improved and again turned mixed in afternoon trading Wednesday. The Nasdaq turned fractionally higher, thanks to gains in Intuitive Surgical (ISRG), Google (GOOG) and Amazon.com (AMZN). The NYSE composite fell 0.4%, the S&P 500 0.2% and the Dow 0.1%. All major indexes were down between 1% and 1.3% at session lows. Turnover continued to track lower on both exchanges. MercadoLibre (MELI) lost 5% in fast trade and neared its 50-day moving
- Comeback Losing Steam In Early Afternoon Trade (Wed, 25 Aug 2010 17:08:00 GMT)
Rebound efforts waned after the major stock indexes briefly turned mixed. The NYSE composite dropped 0.7%. It had been down 1.3% earlier. The S&P 500 fell 0.5%, Dow 0.4% and Nasdaq 0.2%. Volume was tracking lower across the board. Decliners beat advancers by nearly 2-to-1 on the NYSE and 3-to-2 on the Nasdaq. Mesabi Trust (MSB) gapped down and tumbled 11% in heavy trading. The stock cleared a 25.87 buy point from a cup-with-handle base Aug. 17,
- U.S. Stocks Trim Losses; Nasdaq Pokes Into Positive Ground (Wed, 25 Aug 2010 16:11:00 GMT)
The major indexes continued to pare losses at midday Wednesday, with the Nasdaq peeking into positive territory. The NYSE composite edged down 0.5%, the S&P 500 0.3%, the Dow 0.1%. On the upside, the Nasdaq ticked up less than 0.1%. Volume remained lower across the board. VeriFone (PAY) vaulted 9% in massive volume. The provider of point-of-sale payment technology posted fiscal third-quarter earnings of 36 cents a share after Tuesday's close.
- U.S. Stocks Narrow Losses Despite Ugly Housing Data (Wed, 25 Aug 2010 15:27:00 GMT)
The major indexes erased much of their earlier losses Wednesday, despite a disappointing report on new-home sales. The NYSE composite edged down 0.6%, the S&P 500 0.3%, the Nasdaq and Dow 0.1% each. Volume remained lower across the board. Sales of new homes swooned 12.4% to a 276,000-unit annual rate, the lowest since the first report was released in 1963, and down from a downwardly revised 315,000 units in June. Analysts had forecast sales to
- U.S. Stocks Dip On Weak Durable Goods Report (Wed, 25 Aug 2010 14:17:00 GMT)
The major indexes logged early losses Wednesday, as investors absorbed another sluggish reading on the economy. The NYSE composite skidded 0.9%, the S&P 500 0.7%, the Nasdaq and Dow 0.5 each. Volume slid 5% on the NYSE and 15% on the Nasdaq compared with the same period Tuesday. Cirrus Logic (CRUS) fell 4% on four times its normal trade. The chipmaker's stock is on pace for its fifth straight day of losses in heavy volume. It gapped down for a
- U.S. Futures' Losses Accelerate On Weak Durable Goods Data (Wed, 25 Aug 2010 13:10:00 GMT)
The major indexes fell further in pre-market action Wednesday, following a disappointing durable goods report that echoed other recent, weak U.S. economic readings. S&P 500, Nasdaq 100 and Dow futures all traded lower before the opening bell. Durable goods orders rose 0.3% in July. That was well below estimates but still better than the 1.2% decline produced in June. Excluding the volatile transportation sector, orders fell 3.8%, the biggest drop
- Futures Point To Lower Open (Wed, 25 Aug 2010 12:13:00 GMT)
Stock futures signaled a lower open Wednesday following a big sell-off the day before. S&P 500 futures fell 2 points in the pre-market and were above fair value. Dow futures lost 21 points. Nasdaq 100 futures gave up 5.75 points. On Tuesday the major indexes all suffered steep declines after a much worse-than-expected report on existing home sales, which sank 27% to the lowest level in 15 years. Today's economic data include a report on durable
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