Archive for June 30, 2017

Lead Gainers in the Nasdaq 100 Today: NIHD, SHLD, MAT, FAST, SIRI, CHRW, VRTX, ORLY, EBAY, TEVA (Jun-30-2017)

NASDAQ Movers to the Upside Today

NII Holdings, Inc.
NIHD is ranked in the Nasdaq 100 top gainers today with unusually low volume, only 41 percent of its usual volume. At the close of the day, it was trading at a price of $0.80 per share, up $0.11 or 15.29%. However, traders are taking profit from the stock in after hour trading. NIHD is so far down $0.01 or -1.12% in the after market session. NIHD gained in 5 of the last 10 trading days. Today’s movement is a rebound to the stock after yesterday’s sell off. The trend is bullish and the stock price could accelerate higher from the current trading range in the short term. Investors should wait for further indicators to confirm this uptrend before taking a position here. NIHD is predicted to find support near $0.59 and resistance near $1.01. It has a 52 week high of $3.63 and a 52 week low of $0.36, with a market cap of 70.09M and a price to earning ratio of 0.00. » Read more..

Lead Laggards in the Nasdaq 100 Today: MU, LIFE, ILMN, MRVL, NVDA, CELG, SRCL, KLAC, GOOG, ERTS (Jun-30-2017)

NASDAQ Movers to the Downside Today

Micron Technology, Inc.
Traders are selling off shares of Micron Technology, Inc. today. At the close of the day MU shares plunged by $1.61 or -5.12%. It ended the day at a price of $29.86 per share with unusually high volume, 2.43 times more than usual. The bearish movement continues into the after market session. In the after market, MU is down another $0.02 or -0.07%. MU ended the session negatively in 6 of the last 10 trading days. Today’s loss extends the stock’s decline from yesterday. The trend is bearish and the stock price could decrease from the current level in the short term. Investors should wait for further confirmations to this declining trend before buying on the dip here. MU should find technical support near $28.13 and resistance near $33.01. Micron Technology, Inc.’s price to earning ratio is 52.89 and has a market capitalization of 32.25B. Its 52 week high is $32.96 and 52 week low is $11.50. » Read more..

TSX 60: ELD.TO, CCO.TO in the Spotlight Today (Jun-30-2017)

Blue Chip Stocks Gained in the TSX 60 Today

Eldorado Gold Corporation traded higher today, up $0.08 or 2.38%. ELD closed the market at $3.44 after flipping between $3.21 and $3.44. The trading volume is below average with 5,260,000 shares changed hands. It sinks to a new 52 week low today at $3.21, dips below its previous 52-week low of $3.46 set on February 10th, 2016. Today’s closing figure finally put an end to the stock’s 4 days losing streak. ELD ended the session positively in 4 of the last 10 trading days. The trend is bearish. Traders should pay close attention to the stock when it trades around the short term support and resistant levels near $3.13 and $3.59 respectively. Looking at the stock price within the last year, analysis shows the stock is trading within oversold territory. Bargain hunters with patience could buy into the stock at this level. However, be careful there is a chance that it could go lower. Eldorado Gold Corporation is a company in the Materials sector, it has a current market cap of 2.37B and its price to earning ratio is 185.25. Eldorado Gold Corporation also pays a 1.16% dividend to shareholders on an annual basis. The stock’s 52 week high is at $6.71 and 52 week low is at $3.21. » Read more..

Lead Gainers in the Nasdaq 100 Today: SHLD, SPLS, URBN, MAT, BBBY, CHRW, FAST, TEVA (Jun-29-2017)

NASDAQ Movers to the Upside Today

Sears Holdings Corporation
SHLD traded higher today on average volume. At the close of the day, it was last traded at a price of $8.50 per share, up $0.49 or 6.12%. However, traders are pulling back from the stock in after hour trading. SHLD is so far down $0.1 or -1.18% in the after market session. SHLD closed positively in 6 of the last 10 trading days. Today’s closing figure adds to the stock’s 5 days winning streak. In the short term, the trend is bullish and the stock price could accelerate higher from the current level in the short term. Traders should wait for further indicators to confirm this upward movement before placing a bet here. SHLD should find technical support near $7.65 and resistance near $8.93. It has a 52 week high of $18.18 and a 52 week low of $5.50, with a market cap of 946.01M and a price to earning ratio of 0.00. » Read more..

Lead Laggards in the Nasdaq 100 Today: LRCX, KLAC, NVDA, STX, MCHP, VRTX, AMAT, SYMC, ADSK, XLNX (Jun-29-2017)

NASDAQ Movers to the Downside Today

Lam Research Corporation
Traders are selling off shares of Lam Research Corporation today. At the end of the day LRCX shares plunged by $5.48 or -3.71%. It closed at a price of $142.35 with above average volume. On the positive side, investors are buying back shares in after hour trading. LRCX is up so far by $0.34 or 0.24% in the after market session. LRCX declined in 6 of the last 10 trading days. Today’s loss is a pull back to the stock after yesterday’s gain. In the short term, the trend 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. LRCX should find technical support near $136.46 and resistance near $149.44. Lam Research Corporation’s PE ratio is 18.15 and has a market cap of 23.47B. Its 52 week high is $167.05 and 52 week low is $80.68. Lam Research Corporation also has a dividend yield of 1.26% on an annual basis. » Read more..

TSX 60: TA.TO, SJR.B.TO in the Spotlight Today (Jun-29-2017)

Blue Chip Stocks Gained in the TSX 60 Today

TransAlta Corporation is one of the top gainer today in the market, up $0.15 or 1.84%. TA closed the day at a price of $8.30 after trading between $8.07 and $8.36. The trading volume is unusually high, 2.79 times more than average with 1,740,000 shares exchanged. It hits a new 52-week high in today’s trading session at $8.36, beating its previous 52-week high of $8.12 set on January 17th, 2017. Today’s closing figure extends the stock’s gain from yesterday. TA closed positively in 7 of the last 10 trading sessions. In the short term, the trend is bullish. Investors should watch the stock closely when it trades around the support and resistant levels near $7.95 and $8.53 respectively. From the stock performance within the past year, the stock is extremely overbought at this price range. Investor should avoid chasing the stock at the current price. Those holding the stock should consider take profit here and wait for a pull back before getting in again. TransAlta Corporation is a company in the Utilities sector, it has a market capitalization of 2.43B and its PE ratio is 43.46. TransAlta Corporation also pays a 1.93% dividend to shareholders on an annual basis. The stock’s 52 week high is at $8.36 and 52 week low is at $5.11. » Read more..

Lead Gainers in the Nasdaq 100 Today: SPLS, NIHD, PCAR, SHLD, NVDA, ALXN, SYMC, SIRI, ILMN, CELG (Jun-28-2017)

NASDAQ Movers to the Upside Today

Staples, Inc.
SPLS traded higher today on unusually high volume, 3.31 times more than usual. At the close of the market, it was last traded at a price of $9.93 per share, up $0.77 or 8.41%. The optimism continues into the after market session. In the after market, SPLS is up another $0.09 or 0.91%. SPLS closed higher in 5 of the last 10 trading days. Today’s closing figure finally put an end to the stock’s 2 days losing streak. Technical indicators is bullish and the stock price could accelerate higher from the current level in the short term. Traders should wait for further indicators to confirm this up leg before placing a bet here. SPLS should find technical support near $8.88 and resistance near $10.5. It has a 52 week high of $10.25 and a 52 week low of $7.24, with a market capitalization of 6.42B and a price to earning ratio of 0.00. Staples, Inc. also has a dividend yield of 4.83% annually. » Read more..

Lead Laggards in the Nasdaq 100 Today: ORLY, BBBY, PAYX, WFM (Jun-28-2017)

NASDAQ Movers to the Downside Today

O’Reilly Automotive, Inc.
Traders are dumping shares of O’Reilly Automotive, Inc. today. At the close of the day ORLY stock price plunged by $4.85 or -2.19%. It ended the day at a price of $217.02 with average volume. ORLY sets a new 52 week low in today’s trading session at $216.61, dips below its previous record low of $248.02 set on May 19th, 2016. On a positive note, investors are buying back shares in after hour trading. ORLY is up so far by $0.04 or 0.02% in the after market session. ORLY closed lower in 9 of the last 10 trading days. Today’s closing figure extends the stock’s decline from yesterday. Short term technical indicators is bearish and the stock price could decrease from the current trading range in the short term. Traders should wait for further indicators to confirm this declining trend before buying the stock here. ORLY should find technical support near $213.27 and resistance near $223.69. O’Reilly Automotive, Inc.’s price to earning ratio is 19.77 and has a market cap of 19.65B. Its 52 week high is $292.84 and 52 week low is $216.61. » Read more..

TSX 60: FM.TO, ELD.TO in the Spotlight Today (Jun-28-2017)

Blue Chip Stocks Gained in the TSX 60 Today

First Quantum Minerals Limited is one of the mover to the upside in the market today, up $0.44 or 4.21%. FM closed the day at a price of $10.88 after trading between $10.30 and $10.88. The volume is below average with 1,780,000 shares changed hands. The movement today extends the stock’s gain from yesterday. FM gained in 5 of the last 10 trading sessions. Technical indicators is bullish. Investors should watch the stock when it trades around the support and resistant levels near $10.11 and $11.27 respectively. First Quantum Minerals Limited is a company in the Materials sector, it has a market cap of 7.53B and its PE ratio is 97.19. First Quantum Minerals Limited also pays a 0.09% dividend to shareholders annually. The stock’s 52 week high is at $17.55 and 52 week low is at $8.57. » Read more..

Lead Gainers in the Nasdaq 100 Today: SHLD, BBBY, LIFE, DLTR, URBN, XRAY, MAT (Jun-27-2017)

NASDAQ Movers to the Upside Today

Sears Holdings Corporation
SHLD is one of the market movers to the upside today with below average volume. At the end of the day, it was trading at $7.72, up $0.36 or 4.89%. SHLD ended the session positively in 5 of the last 10 trading days. The movement today adds to the stock’s 3 days winning streak. The trend is bullish and the stock price could breakout higher from the current level in the medium term. Traders are recommended to wait for further indicators to confirm this up leg before buying the stock at this level. SHLD is finding support near $6.99 and resistance near $8.43. It has a 52 week high of $18.18 and a 52 week low of $5.50, with a current market cap of 876.94M and a PE ratio of 0.00. » Read more..