Lead Gainers in the Nasdaq 100 Today: YHOO, SIRI, JOYG, NIHD, INFY, APOL, WYNN, CTSH, TEVA, URBN (May-18-2012)
NASDAQ Movers to the Upside Today
Yahoo! Inc.
YHOO traded higher today on unusually high volume, 2.06 times more than usual. At the end of the day, it was trading at a price of $15.42 per share, up $0.55 or 3.70%. The bullishness continues into the after market session. During after hours, YHOO is up another $0.06 or 0.39%. YHOO ended the session positively in 4 of the last 10 trading days. Today’s gain finally put an end to the stock’s 3 days losing streak. The trend is bullish and the stock price could increase from the current trading range in the medium term. Traders are recommended to wait for further indicators to confirm this uptrend before buying the stock at this level. YHOO is finding support near $15.04 and resistance near $16.06. The current price of the stock is above both of its 50 days moving average and 200 days moving average. It has a 52 week high of $16.99 and a 52 week low of $11.09, with a current market capitalization of 18.79B and a PE ratio of 17.46. » Read more..
Lead Laggards in the Nasdaq 100 Today: ADSK, CTRP, FSLR, STX, MU, NVDA, MRVL, GOOG, NTAP, RIMM (May-18-2012)
NASDAQ Movers to the Downside Today
Autodesk, Inc.
Investors are selling off shares of Autodesk, Inc. today. At the end of the day ADSK shares dropped by $4.47 or -12.87%. It ended the day at a price of $30.26 per share with unusually high volume, 10.03 times more than usual. The bearish movement continues into the after market session. During after hours, ADSK is down another $0.13 or -0.43%. ADSK closed negatively in 7 of the last 10 trading days. Today’s movement adds to the stock’s 2 days losing streak. Short term technical indicators is bearish and the stock price could accelerate lower from the current level in the short term. Investors should wait for further confirmations to this downtrend before buying on the dip at this level. ADSK is finding support near $26.56 and resistance near $34.18. Autodesk, Inc.’s price to earning ratio is 23.93 and has a market cap of 6.95B. Its 52 week high is $45.00 and 52 week low is $22.99. The current price of the stock is below both of its 50 days moving average and 200 days moving average. » Read more..
TSX 60: ARX.TO, RIM.TO in the Spotlight Today (May-18-2012)
Blue Chip Stocks Gained in the TSX 60 Today
ARC Resources Ltd helped the TSX 60 gain ground in the market today, up $0.44 or 2.22%. ARX closed the day at $20.26 per share after flipping between $19.91 and $20.83. The volume is below average, only 59 percent of its average volume with 693,889 shares changed hands. Today’s gain adds to the stock’s 2 days winning streak. ARX closed higher in 4 of the last 10 trading sessions. Short term technical indicators is bullish. Investors should watch the stock when it trades around the short term support and resistant levels near $19.41 and $21.25 respectively. ARC Resources Ltd is a company in the Energy sector, it has a current market capitalization of 5.88B and its PE ratio is 22.09. ARC Resources Ltd also pays a 5.92% dividend to shareholders annually. The stock’s 52 week high is at $27.00 and 52 week low is at $18.37. The current price of the stock is 3.6% away from its 52 week low and 66.97% away from its 52 week high. ARX is now trading at $4.78 or 19.43% under its 50 day moving average (at $24.60) and is $22.89 or 53.6% below its 200 day moving average (at $42.71). » Read more..
Lead Gainers in the Nasdaq 100 Today: FSLR, CTRP, RIMM, SHLD, AKAM (May-17-2012)
NASDAQ Movers to the Upside Today
First Solar, Inc.
FSLR is one of the market movers to the upside today with above average volume, 1.48 times more than usual. At the close of the day, it was last traded at $14.92 per share, up $0.94 or 6.72%. However, traders are taking profit from the stock in after hour trading. FSLR is so far down $0.02 or -0.13% in the after market session. FSLR closed higher in 4 of the last 10 trading days. The movement today finally put an end to the stock’s 2 days losing streak. Short term technical indicators is bearish and the stock price could decrease from the current trading range in the short term. Investors are recommended to wait for further indicators to confirm this downward movement before selling the stock at this level. FSLR is finding support near $13.35 and resistance near $16.03. The stock is currently trading below both of its 50 days moving average and 200 days moving average. It has a 52 week high of $142.22 and a 52 week low of $13.75, with a current market capitalization of 1.29B and a price to earning ratio of 0.00. » Read more..
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AKAM, CTRP, FSLR, Nasdaq 100, RIMM, SHLD
Lead Laggards in the Nasdaq 100 Today: NIHD, ORLY, SIRI, DLTR, STX, SPLS, EXPE, LINTA, BBBY, BIDU (May-17-2012)
NASDAQ Movers to the Downside Today
NII Holdings, Inc.
Traders are selling shares of NII Holdings, Inc. today. At the end of the trading session NIHD shares plummeted by $1.22 or -9.99%. It set the close at $10.99 per share with unusually high volume, 2.26 times more than usual. NIHD sinks to a new 52 week low today at $10.46, dips below its previous record low of $13.75 last seen on April 27th, 2012. NIHD declined in 7 of the last 10 trading days. The decline today extends the stock’s decline from yesterday. Technical indicators is bearish and the stock price could accelerate lower from the current trading range in the short term. Investors are recommended to wait for further indicators to confirm this declining trend before taking a position here. NIHD is predicted to find support near $9.45 and resistance near $13.01. NII Holdings, Inc.’s PE ratio is 16.84 and has a current market cap of 1.88B. Its 52 week high is $44.05 and 52 week low is $10.46. The stock is trading below both of its 50 days moving average and 200 days moving average. » Read more..
TSX 60: G.TO, YLO.TO in the Spotlight Today (May-17-2012)
Blue Chip Stocks Gained in the TSX 60 Today
Goldcorp Inc. traded up today, up $2.29 or 6.90%. G closed the day at $35.48 per share after trading between $33.72 and $36.02. The trading volume is above average, 1.42 times more than average with 3,530,000 shares changed hands. Today’s closing figure extends the stock’s gain from yesterday. G gained in 3 of the last 10 trading days. Short term technical indicators for this stock is slightly bullish. Investors should pay close attention to the stock when it trades between the short term support and resistant levels near $34.13 and $36.43 respectively. Based on the stock performance within the past one year, the stock is slightly oversold. The stock could go both up or down from the current price level. It could stay in oversold territory for a while and then a rebound in the next few months. Goldcorp Inc. is a company in the Materials sector, it has a market capitalization of 28.74B and its price to earning ratio is 18.51. Goldcorp Inc. also pays a 1.53% dividend to shareholders on an annual basis. The stock’s 52 week high is at $55.93 and 52 week low is at $32.52. G is now trading at $6.08 or 15.48% below its 50 day moving average (at $39.27). » Read more..
Lead Gainers in the Nasdaq 100 Today: EXPE, GOOG, MU, GMCR, ROST, SRCL, VMED, MRVL, FAST, ALTR (May-16-2012)
NASDAQ Movers to the Upside Today
Expedia, Inc.
EXPE is one of the market movers to the upside today with above average volume, 1.21 times more than usual. At the close of the day, it was trading at $43.01 per share, up $1.33 or 3.19%. However, traders are pulling back from the stock in after hour trading. EXPE is so far down $0.26 or -0.60% in the after market session. EXPE closed positively in 6 of the last 10 trading days. The movement today adds to the stock’s 3 days winning streak. In the short term, the trend is bullish and the stock price could increase from the current trading range in the medium term. Investors are recommended to wait for further indicators to confirm this uptrend before taking a position here. EXPE should find technical support near $41.14 and resistance near $44.16. The stock is currently trading above both of its 50 days moving average and 200 days moving average. It has a 52 week high of $65.78 and a 52 week low of $27.28, with a market cap of 5.47B and a PE ratio of 17.85. Expedia, Inc. also has a dividend yield of 0.84% on an annual basis. » Read more..
