Volume Spike Investor

These are this Thursday’s top day trader and active trader alerts seen in the pre-market session: Palm Inc. (NASDAQ: PALM) was halted earlier this morning after it lowered guidance.  The company forecast that Q3 revenues will be $285 to $310 million and non-GAAP revenue $300 to $320 million.  The company sees 2010 revenue ‘well below’ [...]

We won’t bother telling you about the proposed regulation that was just proposed by the White House today, nor will we bother telling you how bad that regulation will be for the bulge bracket brokerages and money center banks on huge volume losses earlier after the news broke this morning.  Oddly enough, this may actually [...]

Fifth Third Bancorp (NASDAQ: FITB) and SunTrust Banks, Inc. (NYSE: STI) are both getting hit this morning on an analyst downgrade by Dick Bove.  Rochdale Securities has downgraded the bank to Sell from an already cautious Neutral rating.  At 8:20 AM EST we have seen STI shares down over 2.5% at $20.45 on about 10,000 [...]

Capital One Financial Corp. (NYSE: COF) was raised to the Conviction Buy List at Goldman Sachs.  This replaces Fifth Third Bancorp. (NASDAQ: FITB), although FITB was maintained as a BUY rating as well.  Interestingly, both shares are higher.  Capital One is up 4% at $34.52 on 66,000 shares at 9:00 AM EST, while Fifth Third [...]

Fifth Third Bancorp (NASDAQ: FITB) has gotten a lot of pre-market interest.  This usually appears in the “after-hours most actives” at NASDAQ, but those are generally trade settlements.  This morning is different as we have an analyst upgrade carrying the stock, and if any sector needs upgrades to boost interest it is harder to find [...]