Archive for January 29, 2016

Dow 30 Biggest Gainers and Losers on January 29th, 2016

Winners Today: MSFT BAC AA JPM INTC

There is no loser today, every stocks are gainers in the market.

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Lead Gainers in the Nasdaq 100 Today: MU, FLEX, STX, WYNN, MSFT, AMAT, MRVL, ADBE, SNDK, AKAM (Jan-29-2016)

NASDAQ Movers to the Upside Today

Micron Technology, Inc.
MU traded higher today on above average volume, 1.27 times more than usual. At the close of the day, it was last traded at a price of $11.03, up $1.14 or 11.58%. The bullish movement continues into the after market session. During after hours, MU is up another $0.05 or 0.45%. MU closed positively in 3 of the last 10 trading days. The movement today finally put an end to the stock’s 2 days losing streak. In the short term, the trend for this stock is slightly bullish. However, major uptrend in the medium term is not expected until a breakout from the current trading range is spotted. MU is finding support near $10.3 and resistance near $11.41. The current price of the stock is below both of its 50 days moving average and 200 days moving average. It has a 52 week high of $32.84 and a 52 week low of $9.31, with a market capitalization of 10.26B and a PE ratio of 6.08. » Read more..

Lead Laggards in the Nasdaq 100 Today: AMZN, ERTS, LIFE, GILD, NFLX, SHLD, VRTX, VRSN (Jan-29-2016)

NASDAQ Movers to the Downside Today

Amazon.com, Inc.
Traders are dumping shares of Amazon.com, Inc. today. At market close AMZN stock price plunged by $48.35 or -7.61%. It closed at a price of $587.00 per share with unusually high volume, 2.73 times more than usual. The bearishness continues into the after market session. During after hours, AMZN is down another $0.34 or -0.06%. AMZN closed lower in 3 of the last 10 trading days. Today’s decline is a pull back after yesterday’s increase. Technical indicators for this stock is bearish but the stock price is likely to be capped to the current trading range in the short term. AMZN should find technical support near $573.67 and resistance near $596.67. Be careful there could be a pull back or buy back when the stock trades at these prices. Amazon.com, Inc.’s price to earning ratio is 851.51 and has a market cap of 297.83B. Its 52 week high is $696.44 and 52 week low is $299.33. The stock is currently trading between its 50 days moving average and 200 days moving average. » Read more..

TSX 60: FM.TO, PWT.TO in the Spotlight Today (Jan-29-2016)

Blue Chip Stocks Gained in the TSX 60 Today

First Quantum Minerals Limited moved the index higher today in the market, up $0.42 or 16.09%. FM ended the day at $3.03 per share after flipping between $2.60 and $3.03. The trading volume is above average, 1.36 times more than average with 10,840,000 shares exchanged. Today’s closing figure adds to the stock’s 3 days winning streak. FM gained in 4 of the last 10 trading sessions. Technical indicators for this stock is bullish. Investors should watch the stock when it trades around the short term support and resistant levels near $2.74 and $3.17 respectively. From the stock performance within the last 52 weeks, the stock is extremely oversold. Value investors may want to buy into the stock at this price and wait for it to rebound back to the normal level in the coming months. However, be careful that it could go lower. The risk is high and taders must have a plan on when to get out or set tight stop loss. First Quantum Minerals Limited is a company in the Materials sector, it has a market cap of 2.09B and its price to earning ratio is 0.00. First Quantum Minerals Limited also pays a 2.70% dividend to shareholders on an annual basis. The stock’s 52 week high is at $19.83 and 52 week low is at $2.15. The current price is 21.4% away from its 52 week low and 86.84% away from its 52 week high. FM is now trading at $1.4 or 34.89% under its 50 day moving average (at $4.01) and is $4.17 or 61.52% under its 200 day moving average (at $6.78). » Read more..

Dow 30 Biggest Gainers and Losers on January 28th, 2016

Winners Today: CAT CVX XOM MSFT PG

Laggards today: AXP MRK HPQ CSCO PFE

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Lead Gainers in the Nasdaq 100 Today: AMZN, SNDK, GOOG, ORLY, CTXS, NFLX, FAST, VRSN, LRCX, SBUX (Jan-28-2016)

NASDAQ Movers to the Upside Today

Amazon.com, Inc.
AMZN traded higher today on unusually high volume, 2.78 times more than usual. At the end of the day, it was last traded at a price of $635.35 per share, up $52.00 or 8.91%. However, investors are taking profit from the stock in after hour trading. AMZN is so far down $85.35 or -13.43% in the after market session. AMZN closed higher in 6 of the last 10 trading days. Today’s closing figure is a rebound after yesterday’s sell off. Short term technical indicators is bullish and the stock price could increase from the current trading range in the short term. Investors are recommended to wait for further indicators to confirm this up leg before buying the stock at this level. AMZN should find technical support near $583.14 and resistance near $664.16. 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 $696.44 and a 52 week low of $299.33, with a current market cap of 273.45B and a PE ratio of 921.65. » Read more..

Lead Laggards in the Nasdaq 100 Today: EBAY, QCOM, LIFE, ILMN, CELG, MU, ALXN, YHOO, ESRX, FFIV (Jan-28-2016)

NASDAQ Movers to the Downside Today

eBay Inc.
Traders are selling shares of eBay Inc. today. At the close of the market EBAY shares plunged by $3.29 or -12.45%. It ended the day at a price of $23.13 per share with unusually high volume, 4.93 times more than usual. EBAY reached its 52-week low but buy volume kept it from slipping further down to dip below it. The negative environment continues into the after market session. In the after market, EBAY is down another $0.03 or -0.13%. EBAY closed negatively in 4 of the last 10 trading days. Today’s drop extends the stock’s decline from yesterday. The trend is bearish and the stock price could have further downside from the current level in the near term. Traders should wait for further indicators to confirm this declining trend before stepping in at this level. EBAY is predicted to find support near $21.49 and resistance near $24.95. eBay Inc.’s price to earning ratio is 11.72 and has a market capitalization of 31.72B. Its 52 week high is $66.73 and 52 week low is $22.40. The current price of the stock is below both of its 50 days moving average and 200 days moving average. » Read more..

TSX 60: ECA.TO, BBD.B.TO in the Spotlight Today (Jan-28-2016)

Blue Chip Stocks Gained in the TSX 60 Today

EnCana Corporation moved the index higher today in the market, up $0.77 or 14.31%. ECA ended the day at a price of $6.15 per share after flipping between $5.35 and $6.22. The trading volume is above average, 1.44 times more than average with 8,150,000 shares changed hands. Today’s gain adds to the stock’s 2 days winning streak. ECA closed higher in 5 of the last 10 trading sessions. The trend is bullish. Traders should watch the stock closely when it trades between the support and resistant levels near $5.04 and $6.78 respectively. From the stock performance over the past year, the stock is slightly oversold. The stock could go both up or down from here. It could move lower and follow by a buy back from value investor or trader in the next few months. EnCana Corporation is a company in the Energy sector, it has a current market cap of 5.23B and its price to earning ratio is 0.00. EnCana Corporation also pays a 6.26% dividend to shareholders annually. The stock’s 52 week high is at $17.79 and 52 week low is at $4.37. The current price is 23.11% away from its 52 week low and 69.76% away from its 52 week high. ECA is now trading at $1.25 or 18.83% below its 50 day moving average (at $6.63) and is $3.84 or 41.62% below its 200 day moving average (at $9.22). » Read more..

Dow 30 Biggest Gainers and Losers on January 27th, 2016

Winners Today: VZ JNJ MMM BAC MCD

Laggards today: BA DD AA MRK DIS

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Lead Gainers in the Nasdaq 100 Today: BIIB, SHLD, CA, SPLS, FAST, DLTR, LLTC, VRTX, SNDK (Jan-27-2016)

NASDAQ Movers to the Upside Today

Biogen Idec Inc.
BIIB traded higher today on unusually high volume, 2.93 times more than usual. At the end of the day, it was last traded at $273.26, up $13.39 or 5.15%. BIIB closed higher in 3 of the last 10 trading days. Today’s movement finally put an end to the stock’s 2 days losing streak. In the short term, the trend is bullish and the stock price could accelerate higher from the current trading range in the medium term. Investors should wait for further indicators to confirm this up leg before taking a position here. BIIB is finding support near $261.35 and resistance near $291.23. The current price of the stock is below both of its 50 days moving average and 200 days moving average. It has a 52 week high of $480.18 and a 52 week low of $254.00, with a market cap of 57.93B and a price to earning ratio of 17.84. » Read more..