Volume Spike Investor » F

The Alcoa Indicator: Majors Rise in After-Hours (BA, CAT, CENX, F, GE, TIE, X)

247admin — Mon, 12 Jul 2010 21:57:22 +0000

Alcoa, Inc. is a stock that many investors and traders try to use as a proxy for earnings season for other major companies. Of the companies which are large end-users of the metal (hence Alcoa’s comments about rising demand), we are watching Boeing Co. (NYSE: BA), Caterpillar Inc. (NYSE: CAT), Century Aluminum Co. (NASDAQ: CENX), Ford Motor Co. (NYSE: F), General Electric Co. (NYSE: GE), Titanium Metals Corporation (NYSE: TIE), and United States Steel Corp. (NYSE: X). Of course not all of these are directly tied to Alcoa as far as the company itself, but the tie should be fairly evident.

The issue that always comes up for debate is that Alcoa is often a coincidental indicator rather than a leading indicator stock. It is rare that things would be great or improving for Alcoa without the rest of the biggest companies following suit, but the rest of the universe can still be strong or holding up even if Alcoa is not scoring large gains.

Here are the after-hours reactions from the key DJIA components which would be loosely tied:

Boeing Co. (NYSE: BA) up 0.7% at $64.34
Caterpillar Inc. (NYSE: CAT) up 0.5% at $64.61
Century Aluminum Co. (NASDAQ: CENX) up 3.75% at $9.95
Ford Motor Co. (NYSE: F) up 1% at $11.21
General Electric Co. (NYSE: GE) up 1%at $15.08
Titanium Metals Corporation (NYSE: TIE) up 1.7% at $19.44
United States Steel Corp. (NYSE: X) up 1.35% at $42.07

JON C. OGG

Top Day Trader Alerts (AIB, IRE, APWR, ARQL, CATM, F, HON, MWE, OXGN)

247admin — Wed, 31 Mar 2010 12:55:27 +0000

These are this Wednesday’s top day trader and active trader alert stocks seen with news impacting the price of the stock:

Allied Irish Banks plc (NYSE: AIB) is actually indicated up marginally this morning. Irish banks are stabilizing on the Irish reforms presented last night and after it said it would sell a US bank stake. This stock has lost roughly one-quarter of its value in the last two trading sessions this week. We show shares only up 0.3% at $3.30 on 800K shares as of 8:45 AM EST but the early indications had shares up close to 5%. To show the contrast, The Bank of Ireland (NYSE: IRE) is up 7% at $8.46 on 244K shares.

A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) is getting clipped this morning after earnings. Shares are down 8.2% at $11.05 on 235,000 shares as of 8:45 AM EST.

ArQule Inc. (NASDAQ: ARQL) is soaring on news that results of Phase II trial with ARQ 197 in NSCLC (lung cancer) showed promise. At 8:47 AM EST we have already seen over 1.65 million shares and the stock is up 67% at $5.86.

Cardtronics Inc. (NASDAQ: CATM) is lower after its 7 million shares public secondary offering priced at $12.00 per share. Shares closed at $12.62 yesterday and the 52-week range is $1.65 to $13.44. At 8:45 AM EST shares are down 2.5% at $12.30 on about 170,000 shares.

Ford Motor Company (NYSE: F) is lower after announcing that the UAW Retiree Medical Benefits Trust has priced a secondary public offering of 362,391,305 warrants to purchase Ford common stock. The warrant offering priced at $5.00 via a modified Dutch auction; net proceeds to the UAW VEBA will be about $1.78 billion. At 8:45 AM EST we have seen some 22 million shares trade hands already and the stock is down 3.5% at $12.82.

Honeywell International Inc. (NYSE: HON) raised earnings guidance for the first quarter due to strong orders and strong sales; guidance is $0.45 to $0.49 EPS versus $0.44 consensus and versus $0.40 to $0.45 EPS prior guidance. Shares are off of highs after ADP’s disappointing jobs numbers. At 8:45 AM EST we have shares up 1.7% at $45.72 on about 25,000 shares.

MarkWest Energy Partners (NYSE: MWE) is down this morning after it has filed to sell 4 million common units in a public secondary offering. At 8:45 AM ESt we have shares (units) down 4% at $30.32 on almost 100,000 shares (units).

Oxigene Inc. (NASDAQ: OXGN) is soaring after the stock was started as “Buy” with a $4.00 target at Roth Capital. This is versus a $1.00 close yesterday. At 8:45 AM EST we have already seen well over a day’s volume and the market is not even open. Shares are up 26% at $1.26 on 470,000 shares versus less than 200K shares per day.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Ford on Cruise Control at 120 MPH (F)

247admin — Thu, 28 Jan 2010 14:00:39 +0000

Ford Motor Co. (NYSE: F) is seeing huge volume after the only remaining public US auto maker posted a full year profit for 2009. That was unthinkable a year ago. The shares are only up 2% at $11.80 as of 8:56 AM EST, but we have already seen 11.7 million shares trade hands. Average volume is $97 million shares and the 52-week range is $1.50 to $12.14. Keep in minds as far as the $12.00 handle… that price has not been seen since March 2005.

-JON OGG

Ford Shows Earnings, Really (F)

247admin — Mon, 02 Nov 2009 13:42:15 +0000

Ford Motor Co. (NYSE: F) is soaring on the company’s earnings report showing that the only non-bailout car company made $1 billion in the third quarter. It reported net income of $997 million, or $.28 per share, an improvement of $1.2 billion from the third quarter of 2008. Pre-tax operating profit totaled $1.1 billion, an improvement of $3.9 billion from a year ago. At 8:40 AM EST we have seen 6.4 million shares trade hands and the stock is up at $7.62 after closing at $7.00. Be advised that average volume is over 70 million shares. -JON OGG

Volume Alert: Ford Motor (F)

247admin — Wed, 01 Jul 2009 16:23:51 +0000

Ford Motor Co. (NYSE: F) shares are up 2 percent near $6.20 a share, and have climbed roughly 20 cents shortly after noon on Wednesday on a volume spike of more than 5 million shares.

The company announced at around 12:20 p.m. Eastern that its June auto sales fell 10.9% from the same month a year earlier, versus analyst expectations of a 17% sales decline. – Mike Tarsala

MAJOR VOLUME SPIKE: GM, Ford (GM, F)

247admin — Tue, 01 Jul 2008 17:56:36 +0000

General Motors Corp. (NYSE: GM) is seeing a huge spike in trading after the company reported its sales for June. To make matters short, the results were far “less bad” than expected at -18.5%. Yep, estimates were much worse. GM shares are up almost 4% on teh day, but that is up well over 10% from lows. At 1:57 PM EST shares are at $11.85 but shares had been as low as $10.71 today on more than 30 million shares. Shares of Ford (NYSE: F) are still down about 4% at $4.60 on some 60 million shares.

JOn Ogg
July 1, 2008