Rumors Drive Volume (GGP, SPG, HOG)
The rumor mill is back. It is also tiring. Today we had two gainers seen in General Growth Properties Inc. (NYSE: GGP) and in Harley-Davidson, Inc. (NYSE: HOG). Details on each are as follows, along with unofficial closing bell levels.
General Growth Properties Inc. (NYSE: GGP) just spiked at the end of the trading day on [...]
Boston Scientific’s Ides of March (BSX)
Is it ironic that Boston Scientific Corporation (NYSE: BSX) has another round of awful news out on one of its key products on the Ides of March? It gets harder and harder to imagine that this company is ever going to be able to manage a proper turnaround.
The troubled medical device maker announced today [...]
Top Day Trader Alerts (BIDU, PEP, MNKD, TM, AMLN, ALKS, BCON, ISPH)
Baidu, Inc. (NASDAQ: BIDU) is running on word that Google is now much more likely than not about to close its China website. At 8:45 AM EST we have seen 77,000 shares trade and the stock is up 3.8% at $571.43. The old 52-week high is $559.47.
Pepsico, Inc. (NYSE: PEP) is trading higher at new [...]
Top Day Trader Alerts (AEO, AIG, C, FACT, FNM, FRE, SOLR, ITMN)
These are this Wednesday’s top active stocks with moves on news or continued trends of yesterday. We have offered price and volume data as well as added color where appropriate:
American Eagle Outfitters, Inc. (NYSE: AEO) is trading higher after it announced last night that it was closing down its MARTIN+OSA concept store brand. Shares actually [...]
Top Day Trader Alerts (CSCO, CNAM, NBG, FSLR, JSDA, DRYS, FEED, BWEN, FMD)
Cisco Systems, Inc. (NASDAQ: CSCO) is trading up another 0.8% at $26.34 and challenging yesterday’s $26.36 52-week high. At 8:26 AM EST we have seen over 900,000 shares trade hands ahead of the 11 AM announcement that will “forever change the internet.” UPDATE 9:11 up 0.7% at $26.32 on 2.4 million shares.
China Armco Metals, Inc. [...]
Ballard Sees Volume Spike (BLDP)
Ballard Power Systems (NASDAQ: BLDP) just saw a large price and volume spike on news.
The company has announced that it has $6.2 million in project funding from the U.S. Department of Energy under contract over a four year period. Its US subsidiary, Ballard Material Products, was awarded $4.1 million as prime for a contract that [...]
China Armco Staying Volatile (CNAM)
China Armco Metals, Inc. (NASDAQ: CNAM) is still seeing elevated stock trading. Due to a recent bump up, its average share volume is 426,000 shares. But that was lower before the volume and prices shot through the roof last week. And today we are still very active with a 4.6% gain to $10.04. Here are [...]
Top Day Trader Alerts (BRCD, PALM, PIP, RDN, OCNF)
These are 5 of the top pre-market movers this Tuesday morning. We have added color and additional data on each applicable to each stock in the news:
Brocade Communications Systems, Inc. (NASDAQ: BRCD) is getting crushed after earnings last night as revenues were light on targets and its guidance was deemed sloppy to soft. We have [...]
200% Volume Spike in Commercial Metals (CMC)
Commercial Metals Company (NYSE: CMC) is one we have been following today for an explosion in trading volume on what is actually a very quiet trading day. The stock is now up 11.9% at $16.87 on 5.3 million shares. The 52-week trading range is $8.83 to $21.29 and the average volume is only about 1.8 [...]
The Rate Hike Cycle Begins
Just yesterday in the FOMC meeting minutes from January, it was becoming painfully clear that the FOMC was getting closer and closer to hiking rates. Most notable was that the discussions had been revolving around whether changing the “extended period” and more importantly that the FOMC was considering a hike in the discount rate.
It is [...]
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