Hot Stock Alerts

Potential Breakout Stocks of the Day:
Top Stocks 2021 - TSLA BYND GBTC
Top Penny Stocks 2021 - GBTC

Stock Market Closing Report - 12/8/20 December 8, 2020
Showing posts with label 4/22/09. Show all posts
Showing posts with label 4/22/09. Show all posts

Wednesday, April 22, 2009

Carter Worth CNBC: Bearish Sell Stocks or Short

Carter Worth, Chief Technical Analyst at Oppenheimer came on CNBC this afternoon and told viewers the run is over ( for now ).

Worth says that while the past six weeks looked nice, stocks are way ahead of themselves and its time to sell or even short!

Carter Worth - April 22, 2009

- The stock market has rallied to a point where it will not go higher
- Stocks have rallied to far to fast
- It's time to consider selling or going short
- Indiscriminative Buying in certain parts of the stock market
- Low Quality stocks are up the most
- High Quality stocks are lagging
- Restaurant Stocks & Retail were the hot stocks
- Stocks like JNJ, KO, WMT, PG aren't participating
- People are looking at technical analysis more and more as a way to navigate through these markets.

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Dow Jones Close 4/22/09 - Stock Market Closing Prices

Stock Market Closing Prices - 4/22/09

Dow Jones Industrial Average ( DJIA ) Close - 7886.57 Down 82.99
Nasdaq Stock Market Close - 1646.12 Up 2.27
S&P 500 Close - 843.55 Down 6.53
http://dowjonesclose.com

Libor Rates - 4/22/09 - Mortgage Rates

Commodities Closing Prices - 4/22/09

Gold - 890
Oil - 48.76
Natural Gas - 3.54

The Dow Jones Industrial Average closed at 7887 on 4/22/09, as the stock market went down on better then expected earnings out of Wells Fargo ( WFC ) and AT&T ( T ) but see the Carter Worth comments below. The Dow Jones Futures were originally down big after Morgan Stanley ( MS ) came out was worse then expected earnings. As usual, stocks rebounded during the morning hours and ripped higher in the afternoon. The Dow Jones struggled to hold 8000 which was broken on Monday. General Motors ( GM ) said today they wouldn't be able to make their June debt payment. This brings GM one step closer to bankruptcy. I honestly don't know how the market isn't down on this news because in my opinion a GM bankruptcy would be a disaster! Tonight we get a market moving earnings report out of Apple Inc ( AAPL ) followed by Amazon ( AMZN ) Thursday.

Stocks tanked going into the close as Carter Worth said on CNBC that it is time to sell stocks and the ride is over for the short term. Carter Worth is the Chief Technician at Oppenheimer that had some amazing calls over the past 6 months.

Check out my stocks to watch report for Wednesday as well as earnings.

I will also have technical analysis of the stock market tonight - Right Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Mortgage Rates Today 4/22/09 April 22, 2009

Housing Bottom? One of the things I watch for regarding a possible housing bottom are daily mortgage rates. Below is list of Today's Mortgage Rates out of Wells Fargo.


Loan Type - Interest Rate - APR


40-Year Fixed 6.625% 6.827%
30-Year Fixed 4.875% 5.086%
20-Year Fixed 5.000% 5.289%
15-Year Fixed 4.625% 4.989%
5-Year ARM 4.125% 4.407%


For Previous Mortgage Rates - Click Here

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Biggest Stock Gainers 4/22/09 April 22, 2009

Today, April 22, 2009, there are several stock gainers that are breaking out with some nice momentum. If you are looking to day trade today, you might want to check out the following stocks. Check out today's biggest gainers and the Top Stocks for 2009. You can find yesterday's Top Gainers Report Right Here

Top Stocks 4/22/09 - Biggest Gainers Today

Temple-Inland Inc. (TIN) - $9.25 Up 27.41% - Temple-Inland profit tops forecast, shares soar

AirTran Holdings Inc. (AAI) - $7.00 Up 25.63% - AirTran posts quarterly profit vs loss

Tupperware Brands Corporation (TUP) - $25.63 Up 19.99% - Tupperware first quarter profit beats forecast

Superconductor Technologies Inc. (SCON) - $2.40 Up 13.74% - SCON still rising on the wireless news.

PF Chang's China Bistro Inc. (PFCB) - $32.95 Up 22.07% - Chang's posts higher first-quarter profit

GMX Resources Inc. (GMXR) - $9.42 Up 17.60% - GMX Resources Inc. to Present At IPAA's OGIS New York Conference and Announces Five Successive Haynesville/Bossier Horizontal Completions Underway.

Andersons Inc. (ANDE) - $16.19 Up 14.82% - ANDE upgraded today

Diedrich Coffee Inc. (DDRX) - $5.36 Up 20.72% - No News

WMS Industries Inc. (WMS) - $31.35 Up 16.63% - Slot maker WMS posts 30 pct rise in qtrly profit

Westinghouse Air Brake Technologies Corp. (WAB) - $35.81 Up 16.19% - Wabtec profit beats market view, reaffirms 2009 view

Ford Motor Co. (F) - $4.32 Up 13.55% - Ford upgraded by Goldman Sachs

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Hot Penny Stocks 4/22/09 April 22, 2009

Today, 4/22/09, there are a few penny stock gainers breaking out to the upside. Be sure to check out the Top 2009 Penny Stock Gainers on the NYSE, Nasdaq, and AMEX. We tend to stay away from OTC and Pink Sheets stocks, especially in this environment! You can find ALL Penny Stock Reports Here

Penny Stock Gainers - April 22, 2009


Dayton Superior Corporation (DSUP) - $0.18 Up 50% - DSUP continues to go up on a short squeeze, the company filed for bankruptcy.

Spansion Inc. (SPSN) - $0.22 Up 32.35% - Spansion to Pursue Standalone Strategy Focused on Embedded Solutions Market

Lear Corp. (LEA) - $0.84 Up 21.74% - No News

Oscient Pharmaceuticals Corp. (OSCI) - $0.14 Up 30.24% - No News

SIRIUS XM Radio Inc. (SIRI) - $0.45 Up 10.73% - SIRI stock ran up to resistance at $0.57 -$0.60 and then crashed back to support. Siri could have topped out but I like the stock as long as it stays over both 10 & 50 day moving averages.

Cell Therapeutics, Inc. (CTIC) - $0.36 Up 20.20% - Genes Identified That Enhance Tumor Cell Sensitivity to CTI's Cancer Drug Brostallicin. This news was released yesterday but people are piling back into CTIC this morning. A break through $0.45 would be huge and then I think CTIC could get back into the $0.50's and above. Watching CTIC closely again!!

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Baltic Dry Index Shipping Rates 4/22/09 BDI

The following is a report on Dry Bulk Shipping Rates for 4/22/09. This data is critical for how the DryBulk Shipping Stocks such as DryShips ( DRYS ), Excel Maritime Carriers ( EXM ), Diana Shipping ( DSX ), Genco Shipping ( GNX ), TBS International ( TBSI ), Navios Maritime ( NM ), and OceanFreight ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world economy has come to a screeching halt!
http://dryindex.com

Dry Bulk Shipping Rates - April 22, 2009 - Up 8 Straight Days

Baltic Dry Index ( BDI ) - 1869 Up 72
Spot 4 - TC Average - 23578 Up 1400
Baltic Cape Index ( BCI ) - 2501 Up 108
Baltic Panamax Index ( BPI ) - 1746 Up 80
Supramax Index ( BSI ) - 1350 Up 42
Past Bulk Shipping

More Stock Market Updates, visit , http://daytradingstockblog.blogspot.com/ or Subscribe for FREE

1 and 3 Month Libor Rates - 4/22/09 - Today's Libor Rates

It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 4/22/09, are: 1 Month Libor Rate - 0.440%. & 3 Month Libor Rate - 1.099%. The overnight Libor rate is 0.206%. As you can see, Libor Rates have changed today, April 22, 2009. All three Libor rates fell today.

Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones traded.

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Tuesday, April 21, 2009

Dow Jones Futures 4/22/09 Stock Market Futures

How will the stock market open on Wednesday - April 22, 2009? The Dow Jones and Stock Market Futures are pointing toward a lower open for pre market. Check out technical analysis for April 22.

Stock Market Futures 4/22/09 - Pre Market Trading - Updated 8:40am Est

Dow Jones Futures - Down 83.50
S&P 500 Futures - Down 10.75
Nasdaq Futures - Down 13.75
Nikkei - 8727 Up 16
Oil Futures - 48.43 - New contract
Gold Futures - 885.80

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Dow Jones Analysis 4/22/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 4/22/09

Dow Jones Support & Resistance Levels - April 22, 2009

Resistance Levels: 8000, 8190

Support Levels: 7750, 7550

http://stockcharts.com/ - Chart

Stock Market Futures

The Dow Jones had a nice snap back rally today but failed to close above the 10 day moving average which is now resistance. Since the recent run started, the Dow hasn't closed below the 10 day moving average for 3 straight days so tomorrow will be key from a technical standpoint. The support level of 7750 held again today so this is a level that must hold going forward. A close below 7750 would be a huge sign of weakness. For More Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Stocks to Buy April 22, 2009 4/22/09

Tuesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for April 22, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

Stocks to Watch - 4/22/09 - Stock Market Ideas

Financials: The bank stocks were on fire again today after tanking in pre market. Citigroup ( C ), Wells Fargo ( WFC ), Bank of America ( BAC ), and Financial Bull 3x ( FAS ) all turned around as Timothy Geithner said the banking sector is well capitalized in a hearing early Tuesday. I will be watching all four of the above stocks heading into Wells Fargo and Morgan Stanley's earnings on Wednesday morning.

Tenet Healthcare Corp. (THC) - THC stock was on fire after a better then expected earnings announcement. The high of the day was $2.05 so I will be watching to see if THC can break through this level late Tuesday or Wednesday. Tenet is now on my radar as a break out stock similar to AgFeed Industries ( FEED ) which I highlighted weeks ago. THC broke the December 2008 high of $1.62 and looks poised to test the 200 day moving average at about $3 in the coming weeks or months. Keep in mind, while I might buy pullbacks to $1.50-$1.62, I only like THC above $2.05.

Stocks to Watch Wednesday: The following stocks will be on my radar for 4/22

Diedrich Coffee Inc. (DDRX)
Teck Cominco Limited (TCK)
MGIC Investment Corp. (MTG)
GMX Resources Inc. (GMXR)
CBL & Associates Properties Inc. (CBL)
USG Corp. (USG)
Pacific Sunwear of California Inc. (PSUN)
Manpower Inc. (MAN)
Hansen Medical, Inc. (HNSN)
Delta Air Lines Inc. (DAL)

Penny Stocks to Watch:

Keryx Biopharmaceuticals Inc. (KERX)
Kodiak Oil & Gas Corp. (KOG)
China Architectural Engineering, Inc. (CAEI)
Warren Resources Inc. (WRES)
EMCORE Corporation (EMKR)
Spansion Inc. (SPSN)
Powerwave Technologies Inc. (PWAV)
Ambac Financial Group, Inc. (ABK)
Antigenics Inc. (AGEN)

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Stock Market April 22, 2009 4/22/09

The Stock Market bounced Tuesday as financials led the charge higher after being oversold in pre market. The Financial Bull 3X ( FAS ) was trading at $5.50-$5.60 in pre market as traders couldn't sell fast enough. FAS was just $9.50 on Friday!! As I stated last night, my buy zone was $5.86-$6.20 for a bounce and FAS is now trading at $7.00. I will let FAS settle down for now and try to figure out the next major directional move. However, for a trade, i'd be a buyer below $6 again. Citigroup ( C ) hit support between $2.60-$2.70 and is now almost $3.25. Huge swings in the financials! This just goes to show you, these stocks are trading vehicles and not long term investments right now.

Wednesday, April 22, will be another volatile day as investors prepared for maybe the busiest day of the earnings season so far in 2009. I will be watching what comes out of Wells Fargo ( WFC ), Morgan Stanley ( MS ), and Apple Inc ( AAPL ).


Stock Market April 22, 2009

Earnings Reports due out in the Morning:

Altria Group MO 4/22 8am .40EPS

AT&T T 4/22 8am .48EPS

EnCana ECA 4/22 8am .68EPS

Freeport-McMoran FCX 4/22 8am .15EPS

McDonald's MCD 4/22 8am .82EPS

SLM Corp SLM 4/22 8am .20EPS

Boeing BA 4/22 8am 1.21EPS

Wells Fargo WFC 4/22 8am .55EPS

Morgan Stanley MS 4/22 8am .43EPS

--------------------------------------------------
Economic Data: 4-22-09

Crude Inventories - Due out at 10:35am EST
--------------------------------------------------

Apple AAPL 4/22 4pm 1.08EPS

Chipotle Mexican Grill CMG 4/22 4pm .54EPS

eBay EBAY 4/22 4pm .34EPS

F5 Networks FFIV 4/22 4pm .38EPS

Qualcomm QCOM 4/22 4pm .41EPS

Steel Dynamics STLD 4/22 4pm -.43EPS

VMware VMW 4/22 4pm .20EPS

Xilinx XLNX 4/22 4pm .18EPS


I will post my stocks to watch list later today, Right Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Copyright © 2008-2020 - daytradingstockblog.blogspot.com

Stocks to Buy 2020 - Click Here