Archive for May 31, 2012

Dow 30 Biggest Gainers and Losers on May 31st, 2012

Winners Today: BAC DIS T TRV CVX

Laggards today: CAT XOM INTC IBM PFE

» Read more..

Lead Gainers in the Nasdaq 100 Today: AMZN, ORCL, FISV, ROST, NIHD, EXPE, FLEX, COST, MYL, EXPD (May-31-2012)

NASDAQ Movers to the Upside Today

Amazon.com, Inc.
AMZN traded higher today on average volume. At market close, it was last traded at $212.91, up $3.68 or 1.76%. However, investors are taking profit from the stock in after hour trading. AMZN is so far down $0.25 or -0.12% in the after market session. AMZN ended the session positively in 3 of the last 10 trading days. Today’s movement is a rebound to the stock after yesterday’s sell off. 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 downward movement before placing a bet here. AMZN is predicted to find support near $204.59 and resistance near $217.95. 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 $246.71 and a 52 week low of $166.97, with a market capitalization of 95.92B and a price to earning ratio of 174.86. » Read more..

Lead Laggards in the Nasdaq 100 Today: FSLR, NFLX, SHLD, GMCR, JOYG, WCRX, FFIV, ERTS, STX, ILMN (May-31-2012)

NASDAQ Movers to the Downside Today

First Solar, Inc.
Traders are getting rid of their shares of First Solar, Inc. today. At the close of the market FSLR stock price plummeted by $0.84 or -6.27%. It ended the day at a price of $12.56 with unusually high volume, 1.55 times more than usual. FSLR sinks to a new 52 week low today at $12.19, dips below its previous record low of $17.81 last seen on April 27th, 2012. On the positive side, investors are coming back to the stock in after hour trading. FSLR is up so far by $0.04 or 0.32% in the after market session. FSLR closed lower in 6 of the last 10 trading days. Today’s closing figure adds to the stock’s 2 days losing streak. The trend is bearish and the stock price could accelerate lower from the current trading range in the medium term. Traders should wait for further indicators to confirm this declining trend before buying on the dip at this level. FSLR should find technical support near $11.51 and resistance near $13.93. First Solar, Inc.’s price to earning ratio is 0.00 and has a market capitalization of 1.09B. Its 52 week high is $142.22 and 52 week low is $12.19. The stock is trading below both of its 50 days moving average and 200 days moving average. » Read more..

TSX 60: SLF.TO, ELD.TO in the Spotlight Today (May-31-2012)

Blue Chip Stocks Gained in the TSX 60 Today

Sun Life Financial Inc. traded positively today, up $0.72 or 3.50%. SLF closed at $21.32 per share after flipping between $20.61 and $21.40. The trading volume is average with 1,580,000 shares changed hands. The movement today is a rebound to the stock after yesterday’s sell off. SLF closed higher in 4 of the last 10 trading days. In the short term, the trend for this stock is bearish. Investors should watch the stock closely when it trades between the support and resistant levels near $20.82 and $21.61 respectively. Sun Life Financial Inc. is a company in the Financials sector, it has a current market cap of 12.60B and its price to earning ratio is 0.00. Sun Life Financial Inc. also pays a 6.75% dividend to shareholders on an annual basis. The stock’s 52 week high is at $30.48 and 52 week low is at $17.92. SLF is now trading at $2.4 or 10.42% under its 50 day moving average (at $23.00). » Read more..

Dow 30 Biggest Gainers and Losers on May 30th, 2012

Winners Today: INTC

Laggards today: AA BAC XOM CVX CAT

» Read more..

Lead Gainers in the Nasdaq 100 Today: VRTX, TEVA, AAPL, ISRG, DLTR, AMGN, EXPE, ILMN, CELG, WFM (May-30-2012)

NASDAQ Movers to the Upside Today

Vertex Pharmaceuticals Incorporated
VRTX is one of the market movers to the upside today with unusually high volume, 1.93 times more than usual. At market close, it was trading at a price of $60.18 per share, up $2.38 or 4.12%. VRTX closed higher in 6 of the last 10 trading days. Today’s closing figure is a rebound after yesterday’s dip. Short term technical indicators is bearish and the stock price could have further downside from the current trading range in the medium term. Traders should wait for further indicators to confirm this declining trend before taking a position here. VRTX is finding support near $54.4 and resistance near $64.34. 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 $66.10 and a 52 week low of $26.50, with a current market capitalization of 12.70B and a PE ratio of 45.16. » Read more..

Lead Laggards in the Nasdaq 100 Today: SHLD, RIMM, FSLR, JOYG, EBAY, APOL, ALTR, CTSH, GMCR, WCRX (May-30-2012)

NASDAQ Movers to the Downside Today

Sears Holdings Corporation
Investors are selling shares of Sears Holdings Corporation today. At the close of the market SHLD stock price dropped by $5.16 or -8.97%. It closed at $52.34 per share with unusually high volume, 1.52 times more than usual. The bearishness continues into the after market session. During after hours, SHLD is down another $0.44 or -0.84%. SHLD declined in 3 of the last 10 trading days. The decline today puts an end to the stock’s 2 days winning streak. In the short term, the trend for this stock is bearish but the stock price is likely to be limited to the current trading range in the near term. SHLD is predicted to find support near $50.42 and resistance near $55.12. Be careful there could be a pull back or buy back when the stock trades at these support and resistance. Sears Holdings Corporation’s price to earning ratio is 0.00 and has a market cap of 5.57B. Its 52 week high is $85.90 and 52 week low is $28.89. The stock is currently trading below both of its 50 days moving average and 200 days moving average. » Read more..

TSX 60: IMG.TO, RIM.TO in the Spotlight Today (May-30-2012)

Blue Chip Stocks Gained in the TSX 60 Today

IAMGOLD Corporation moved the index higher today in the market, up $0.23 or 2.10%. IMG closed the market at a price of $11.17 after flipping between $10.67 and $11.26. The volume is unusually low, only 48 percent of its average volume with 841,609 shares changed hands. The movement today finally put an end to the stock’s 2 days losing streak. IMG closed positively in 6 of the last 10 trading days. The trend is bullish. Investors should pay attention to the stock when it trades around the support and resistant levels near $10.44 and $11.62 respectively. Looking at the stock performance within the last 52 weeks, the stock is slightly oversold. The stock could go both ways from the current price level. It could go deeper into the oversold territory and then a rebound in the next few months. IAMGOLD Corporation is a company in the Materials sector, it has a current market cap of 4.20B and its price to earning ratio is 10.92. IAMGOLD Corporation also pays a 2.32% dividend to shareholders on an annual basis. The stock’s 52 week high is at $23.79 and 52 week low is at $9.31. IMG is now trading at $0.52 or 4.51% below its 50 day moving average (at $11.46). » Read more..

Dow 30 Biggest Gainers and Losers on May 29th, 2012

Winners Today: BAC AA CAT UTX DIS

Laggards today: XOM MCD

» Read more..

Lead Gainers in the Nasdaq 100 Today: NIHD, CTRP, NTAP, BRCM, JOYG, BIDU, EBAY, MU, NVDA, COST (May-29-2012)

NASDAQ Movers to the Upside Today

NII Holdings, Inc.
NIHD traded higher today on below average volume, only 67 percent of its usual volume. At the close of the market, it was last traded at a price of $11.72 per share, up $0.58 or 5.21%. NIHD closed higher in 5 of the last 10 trading days. The movement today extends the stock’s gain from yesterday. Technical indicators for this stock is bullish but the stock price is likely to trade around the current trading range in the short term. NIHD is finding support near $11.37 and resistance near $11.94. Be careful there could be a pull back or buy back when the stock trades at these support and resistance. 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 $44.05 and a 52 week low of $10.33, with a current market capitalization of 2.01B and a PE ratio of 17.96. » Read more..