Posts Tagged ‘GE’

Option Expiration’s Largest Open Interest Contracts (GE, MSFT, PFE, INTC, YHOO, CSCO, WFC, SPY, QQQQ, FXI, XLK, XHB)

Today marks the January 2011 options expiration date. There are many active options expiring, and the reason these are so large is because many are LEAPS rather than just normal monthly options.  The old rule of thumb is that options tend to drift toward their closest and most active options contract strike prices.  We identified [...]

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

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), [...]

Top Day Trader Alerts (ERIC, CIT, FUQI, GGP, PLCM, HOG, GE, ABK)

LM Ericsson Telephone Co. (ERIC) is down almost 3% at $10.97 on over 100,000 shares as of 8:35 AM EST.  The stock was downgraded at BofA/ML and at Goldman Sachs.  The 52-week range is $7.62 to $11.33 and the average volume is over 6 million shares. CIT Group, Inc. (NYSE: CIT) is trading up despite [...]

Stock/Option Explosion: The GE Breakout on 52-Week Highs (GE)

General Electric Co. (GE) is seeing a break-out.  Yesterday it was Goldman Sachs, today JPMorgan helping with comments on the conglomerate.  The prior 52-week high was $17.52 that was hit back on September 19 2009 after it went ex-dividend.  This morning shares opened up at $17.49 after a $17.29 close on Monday.  Now shares are [...]

Top Day Trader Alerts (ICGN, SQNM, MPEL, ATHN, BSX, MCHP, GE)

ICAgen Inc. (NASDAQ: ICGN) is soaring.  Shares closed at $0.54 on Monday and at 8:45 AM EST we have shares up 70% at $0.92 on about 85,000 shares.  Be advised that this micro-cap biotech was at $1.00 earlier this morning and that the 52-week trading range was $0.31 to $1.59.  The company reported positive results [...]

When GE Gets a Volume Alert (GE)

General Electric Co. (NYSE: GE) is not the world’s most common stock to see giving high-volume trade alerts.  Yet that is what is happening today.   The market is fighting to remain positive, but GE shares are up considerably.  This may be on outside activity than anything as it has positive locomotive news and as airplane [...]

Valuing GE’s NBC Unit (GE)

General Electric Co. (NYSE: GE) was up big on Friday because of the dual analyst upgrades.  Now this morning it is up again as it may have a deal closer to happening now for its NBC Universal operations. Reports have it and and Comcast (CMCSA) agreeing that $30 billion is a fair approximate value of [...]

Profit Taking Hits GE After Dull Earnings (GE)

General Electric Co. (NYSE: GE) posted earnings that beat Thomson Reuters consensus figures on the surface: $0.27 EPS vs $0.20 estimates, but this translates to a 44% drop in profits.  Revenue was down 20% at $37.8 billion vs. estimates of $39.5 billion.  The problem continues continues to be GE’s finance unit and reports of a [...]

GE Options Used by Traders Ahead of Earnings (GE)

General Electric Co. (NYSE: GE) is starting to see some elevated put and call option trading activity ahead of tomorrow morning’s earnings release.  With shares already up so much off the earlier lows under $10.00 this year, this may not be of any surprise as the bets for and against the stock are put on [...]

GE Challenging Post-Crash Highs (GE)

General Electric Co. (NYSE:GE) is running up a second day on an analyst call as its price target was raised to $18 from $15 at Goldman Sachs.  Shares are up over 2% at $14.81 on about 1.5 million shares as of 9:15 AM EST.  This is a tiny fraction of the average volume for a [...]