Archive for August 31, 2017

Lead Gainers in the Nasdaq 100 Today: BIIB, EXPE, CELG, GILD, MYL, ALXN, VRTX, TEVA, CERN, MXIM (Aug-31-2017)

NASDAQ Movers to the Upside Today

Biogen Idec Inc.
BIIB traded higher today on unusually high volume, 2.03 times more than usual. At the end of the day, it was trading at a price of $316.56 per share, up $12.81 or 4.22%. The bullishness continues into the after market session. In the after market, BIIB is up another $0.94 or 0.30%. BIIB 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 accelerate higher from the current trading range in the short term. Investors should wait for further indicators to confirm this up leg before buying the stock at this level. BIIB is finding support near $299.87 and resistance near $325.19. It has a 52 week high of $316.85 and a 52 week low of $244.28, with a market capitalization of 66.93B and a price to earning ratio of 20.79. » Read more..

Lead Laggards in the Nasdaq 100 Today: NIHD, CHRW, CTRP, FSLR, FLIR, BBBY, ORLY, SHLD, AMAT, CMCSA (Aug-31-2017)

NASDAQ Movers to the Downside Today

NII Holdings, Inc.
Investors are selling shares of NII Holdings, Inc. today. At the close of the market NIHD shares plunged by $0.04 or -5.14%. It closed at $0.66 with average volume. NIHD declined in 3 of the last 10 trading days. Today’s movement puts an end to the stock’s 2 days winning streak. Technical indicators is bullish and the stock price could accelerate higher from the current trading range in the medium term. Traders should wait for further confirmations to this upward movement before buying the stock at this level. NIHD is finding support near $0.59 and resistance near $0.77. NII Holdings, Inc.’s price to earning ratio is 0.00 and has a current market capitalization of 70.34M. Its 52 week high is $3.63 and 52 week low is $0.36. » Read more..

TSX 60: PWT.TO, POW.TO in the Spotlight Today (Aug-31-2017)

Blue Chip Stocks Gained in the TSX 60 Today

Penn West Petroleum Ltd is one of the mover to the upside in the market today, up $0.06 or 5.04%. PWT ended the day at a price of $1.25 after fluctuating between $1.20 and $1.27. The volume is below average, only 60 percent of its average volume with 426,693 shares changed hands. Today’s closing figure extends the stock’s gain from yesterday. PWT closed positively in 5 of the last 10 trading sessions. The trend is bullish. Investors should watch the stock when it trades between the short term support and resistant levels near $1.17 and $1.31 respectively. Penn West Petroleum Ltd is a company in the Energy sector, it has a market cap of 630.41M and its price to earning ratio is 0.00. The stock’s 52 week high is at $1.72 and 52 week low is at $1.03. » Read more..

Lead Gainers in the Nasdaq 100 Today: NIHD, LIFE, GILD, NFLX, ATVI, BIIB, AMAT, MRVL, CHRW, ERTS (Aug-30-2017)

NASDAQ Movers to the Upside Today

NII Holdings, Inc.
NIHD is one of the market movers to the upside today with average volume. At the end of the day, it was trading at a price of $0.70 per share, up $0.06 or 9.38%. NIHD gained in 5 of the last 10 trading days. Today’s movement extends the stock’s gain from yesterday. Short term technical indicators is bullish and the stock price could breakout higher from the current level in the medium term. Investors should wait for further indicators to confirm this uptrend before buying the stock at this level. NIHD should find technical support near $0.59 and resistance near $0.79. It has a 52 week high of $3.63 and a 52 week low of $0.36, with a current market capitalization of 64.31M and a price to earning ratio of 0.00. » Read more..

Lead Laggards in the Nasdaq 100 Today: URBN, SHLD, TEVA, INFY, FSLR, NWSA, ROST, EXPE, BBBY, QGEN (Aug-30-2017)

NASDAQ Movers to the Downside Today

Urban Outfitters, Inc.
Investors are dumping shares of Urban Outfitters, Inc. today. At the end of the trading session URBN shares plummeted by $0.48 or -2.31%. It set the close at a price of $20.29 per share with below average volume, only 54 percent of its usual volume. URBN declined in 4 of the last 10 trading days. The movement today adds to the stock’s 2 days losing streak. Technical indicators for this stock is bullish but the stock price is likely to stay around the current trading range in the near term. URBN should find technical support near $20.05 and resistance near $20.7. Watch out for a pull back or buy back when the stock trades at these support and resistance. Urban Outfitters, Inc.’s PE ratio is 13.57 and has a market cap of 2.35B. Its 52 week high is $40.80 and 52 week low is $16.19. » Read more..

TSX 60: NA.TO, YRI.TO in the Spotlight Today (Aug-30-2017)

Blue Chip Stocks Gained in the TSX 60 Today

National Bank of Canada traded up today, up $1.87 or 3.37%. NA closed the day at a price of $57.29 after fluctuating between $56.00 and $57.71. The trading volume is unusually high, 2.63 times more than average with 1,910,000 shares exchanged. Today’s closing figure extends the stock’s gain from yesterday. NA closed positively in 5 of the last 10 trading sessions. Short term technical indicators is bullish. Traders should watch the stock when it trades around the short term support and resistant levels near $55.29 and $58.71 respectively. Looking at the stock performance over the past 12 months, analysis shows the stock is slightly overbought. The stock could go both ways from here. It could stay in overbought territory in the short term and then a pull back in the next little while. National Bank of Canada is a company in the Financials sector, it has a market cap of 19.55B and its price to earning ratio is 12.17. National Bank of Canada also pays a 4.05% dividend to shareholders annually. The stock’s 52 week high is at $59.12 and 52 week low is at $45.11. » Read more..

Lead Gainers in the Nasdaq 100 Today: LIFE, NIHD, GILD, MU, AKAM, PCAR, ATVI, EBAY, CTXS, LRCX (Aug-29-2017)

NASDAQ Movers to the Upside Today

Life Technologies Corp.
LIFE traded higher today on unusually low volume, only 45 percent of its usual volume. At market close, it was trading at $2.80, up $0.05 or 1.82%. LIFE ended the session positively in 2 of the last 10 trading days. Today’s closing figure extends the stock’s gain from yesterday. Technical indicators is bullish and the stock price could breakout higher from the current trading range in the medium term. Traders are recommended to wait for further indicators to confirm this up leg before buying the stock at this level. LIFE is predicted to find support near $2.7 and resistance near $2.9. It has a 52 week high of $4.45 and a 52 week low of $2.10, with a market cap of 66.75M and a PE ratio of 0.00. » Read more..

Lead Laggards in the Nasdaq 100 Today: MAT, URBN, SHLD, GRMN, MYL, TEVA, VOD, DLTR, NTAP, SYMC (Aug-29-2017)

NASDAQ Movers to the Downside Today

Mattel, Inc.
Traders are selling off shares of Mattel, Inc. today. At the end of the trading session MAT stock price dropped by $0.36 or -2.19%. It set the close at $16.11 with below average volume, only 60 percent of its usual volume. On a positive note, investors are buying back shares in after hour trading. MAT is up so far by $0.01 or 0.06% in the after market session. MAT declined in 6 of the last 10 trading days. Today’s decline is a pull back after yesterday’s increase. The trend is bearish and the stock price could decrease from the current trading range in the medium term. Traders should wait for further indicators to confirm this downward movement before buying on the dip at this level. MAT should find technical support near $15.89 and resistance near $16.49. Mattel, Inc.’s PE ratio is 23.26 and has a current market capitalization of 5.52B. Its 52 week high is $33.98 and 52 week low is $15.93. Mattel, Inc. also has a dividend yield of 3.72% on an annual basis. » Read more..

TSX 60: AEM.TO, VRX.TO in the Spotlight Today (Aug-29-2017)

Blue Chip Stocks Gained in the TSX 60 Today

Agnico-Eagle Mines Limited helped the TSX 60 gain ground in the market today, up $1.91 or 3.08%. AEM closed at a price of $63.90 after trading between $63.11 and $64.84. The trading volume is unusually high, 3.07 times more than average with 1,740,000 shares exchanged. The movement today adds to the stock’s 2 days winning streak. AEM closed positively in 6 of the last 10 trading days. The trend is bullish. Investors should pay attention to the stock when it trades between the support and resistant levels near $62.22 and $65.68 respectively. Agnico-Eagle Mines Limited is a company in the Materials sector, it has a market capitalization of 14.82B and its price to earning ratio is 47.17. Agnico-Eagle Mines Limited also pays a 0.78% dividend to shareholders annually. The stock’s 52 week high is at $74.57 and 52 week low is at $46.91. » Read more..

Lead Gainers in the Nasdaq 100 Today: LIFE, CHRW, MU, BIIB, ILMN, LRCX, ERTS, SYMC, CELG, MCHP (Aug-28-2017)

NASDAQ Movers to the Upside Today

Life Technologies Corp.
LIFE is one of the market movers to the upside today with average volume. At market close, it was last traded at a price of $2.75 per share, up $0.15 or 5.77%. LIFE gained in 2 of the last 10 trading days. The movement today is a rebound to the stock after yesterday’s sell off. Technical indicators for this stock is bullish but the stock price is likely to be capped to the current trading range in the medium term. LIFE is finding support near $2.67 and resistance near $2.82. Be careful there could be a pull back or buy back when the stock reaches these levels. It has a 52 week high of $4.45 and a 52 week low of $2.10, with a current market cap of 65.56M and a PE ratio of 0.00. » Read more..