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 - 7/9/09
30-Year Fixed 5.000% 5.191%
30-Year Fixed FHA 5.500% 6.245%
15-Year Fixed 4.500% 4.826%
5-Year ARM 4.125% 4.064%
5-Year ARM FHA 4.250% 3.655%
40-Year Fixed - N/A
Jumbo Loan Rates - APR - 7/09/09
30-Year Fixed 6.375% 6.525%
5-Year ARM 5.125% 4.387%
For Previous Mortgage Rates - Click Here
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Wednesday, July 8, 2009
Inverse Short ETFs - List of Short / Bear ETFs
ETF's are taking the stock market by storm. Inverse ETF's have become very popular because it allows a trader/investor to go long or short a certain benchmark with one click.
The list of Inverse ETFs below are short/bear etfs that provide single. double, and even triple the leverage. Consult your financial advisor before buying any of these ETF stocks.
Direxion Bear ETF's - Triple 3x Short Inverse ETFs
Daily Large Cap Bear 3x Shares ( BGZ ) - Triple Short ETF of Russell 1000 Index
Daily Mid Cap Bear 3x Shares ( MWN ) - Triple Short ETF of Russell Midcap Index
Daily Small Cap Bear 3x Shares ( TZA ) - Triple Short ETF of Russell 2000 Index
Daily Energy Bear 3x Shares ( ERY ) - Triple Short ETF of Russell 1000 Energy
Daily Financial Bear 3x Shares ( ETF ) - Triple Short ETF of Russell 1000 Financial Services
Daily Technology Bear 3x Shares ( TYP ) - Triple Short ETF of Russell 1000 Technology Index
Daily Developed Markets Bear 3x Shares ( DPK ) - Triple Short ETF of MSCI EAFE Index
Daily Emerging Markets Bear 3x Shares ( EDZ ) - Triple Short ETF of MSCI Emerging Markets
Daily 10 Year Treasury Bear 3x Shares ( TYO ) - Triple Short ETF of NYSE Arca 10 Year Treasury
Daily 30 Year Treasury Bear 3x Shares ( TMV ) - Triple Short ETF of NYSE Arca 30 Year Treasury
Short Proshares ETFs - Single & Double Short Inverse ETF's
Short QQQ ( PSQ ) - Nasdaq - 100 Index Short ETF
UltraShort QQQ ( QID ) - Nasdaq - 100 Index Double Short ETF 2x
Short Dow30 ( DOG ) - Dow Industrial Average Short ETF
UltraShort Dow 30 ( DXD ) - Dow Industrial Average Double Short ETF 2x
Short S&P 500 ( SH ) - S&P 500 Index Short ETF
UltraShort S&P 500 ( SDS ) - S&P 500 Index Double Short ETF 2x
Short MidCap 400 ( MYY ) - S&P MidCap 400 Index Short ETF
UltraShort MidCap400 ( MZZ ) - S&P MidCap 400 Index Double Short ETF 2x
Short SmallCap 600 ( SBB ) - S&P 600 Small Cap Index Short ETF
UltraShort SmallCap 600 ( SDD ) - S&P 600 SmallCap Index Double Short ETF 2x
Short Russell 2000 ( RWM ) - Russell 2000 Index Short ETF
UltraShort Russell 2000 ( TWM ) - Russell 2000 Index Double Short ETF 2x
UltraShort Russell 1000 Value ( SJF ) - Russell 1000 Value Index Double Short ETF 2x
Ultra Short Russell 1000 Growth ( SFK ) - Russell 1000 Growth Index Double Short ETF 2x
UltraShort Russell Midcap Value ( SJL ) - Russell Mid-Cap Value Index Double Short ETF 2x
UltraShort Russell Midcap Growth ( SDK ) - Russell Mid-Cap Growth Index Double Short ETF 2x
UltraShort Russell 2000 Value ( SJH ) - Russell 2000 Value Index Double Short ETF 2x
UltraShort Russell 2000 Growth ( SKK ) - Russell 2000 Growth Index Double Short ETF 2x
The list of Inverse ETFs below are short/bear etfs that provide single. double, and even triple the leverage. Consult your financial advisor before buying any of these ETF stocks.
Direxion Bear ETF's - Triple 3x Short Inverse ETFs
Daily Large Cap Bear 3x Shares ( BGZ ) - Triple Short ETF of Russell 1000 Index
Daily Mid Cap Bear 3x Shares ( MWN ) - Triple Short ETF of Russell Midcap Index
Daily Small Cap Bear 3x Shares ( TZA ) - Triple Short ETF of Russell 2000 Index
Daily Energy Bear 3x Shares ( ERY ) - Triple Short ETF of Russell 1000 Energy
Daily Financial Bear 3x Shares ( ETF ) - Triple Short ETF of Russell 1000 Financial Services
Daily Technology Bear 3x Shares ( TYP ) - Triple Short ETF of Russell 1000 Technology Index
Daily Developed Markets Bear 3x Shares ( DPK ) - Triple Short ETF of MSCI EAFE Index
Daily Emerging Markets Bear 3x Shares ( EDZ ) - Triple Short ETF of MSCI Emerging Markets
Daily 10 Year Treasury Bear 3x Shares ( TYO ) - Triple Short ETF of NYSE Arca 10 Year Treasury
Daily 30 Year Treasury Bear 3x Shares ( TMV ) - Triple Short ETF of NYSE Arca 30 Year Treasury
Short Proshares ETFs - Single & Double Short Inverse ETF's
Short QQQ ( PSQ ) - Nasdaq - 100 Index Short ETF
UltraShort QQQ ( QID ) - Nasdaq - 100 Index Double Short ETF 2x
Short Dow30 ( DOG ) - Dow Industrial Average Short ETF
UltraShort Dow 30 ( DXD ) - Dow Industrial Average Double Short ETF 2x
Short S&P 500 ( SH ) - S&P 500 Index Short ETF
UltraShort S&P 500 ( SDS ) - S&P 500 Index Double Short ETF 2x
Short MidCap 400 ( MYY ) - S&P MidCap 400 Index Short ETF
UltraShort MidCap400 ( MZZ ) - S&P MidCap 400 Index Double Short ETF 2x
Short SmallCap 600 ( SBB ) - S&P 600 Small Cap Index Short ETF
UltraShort SmallCap 600 ( SDD ) - S&P 600 SmallCap Index Double Short ETF 2x
Short Russell 2000 ( RWM ) - Russell 2000 Index Short ETF
UltraShort Russell 2000 ( TWM ) - Russell 2000 Index Double Short ETF 2x
UltraShort Russell 1000 Value ( SJF ) - Russell 1000 Value Index Double Short ETF 2x
Ultra Short Russell 1000 Growth ( SFK ) - Russell 1000 Growth Index Double Short ETF 2x
UltraShort Russell Midcap Value ( SJL ) - Russell Mid-Cap Value Index Double Short ETF 2x
UltraShort Russell Midcap Growth ( SDK ) - Russell Mid-Cap Growth Index Double Short ETF 2x
UltraShort Russell 2000 Value ( SJH ) - Russell 2000 Value Index Double Short ETF 2x
UltraShort Russell 2000 Growth ( SKK ) - Russell 2000 Growth Index Double Short ETF 2x
Short Financials ( SEF ) - Dow Jones U.S Financials Short ETF
UltraShort Financials ( SKF ) - Dow Jones U.S Financials Double Short ETF 2x
Short Oil & Gas ( DDG ) - Dow Jones U.S Oil & Gas Index Short ETF
UltraShort Oil & Gas ( DUG ) - Dow Jones U.S Oil & Gas Index Double Short ETF 2x
UltraShort Basic Materials ( SMN ) - Dow Jones US Basic Materials Double Short ETF 2x
UltraShort Consumer Goods ( SZK ) - Dow Jones US Consumer Goods Double Short ETF 2x
UltraShort Consumer Services ( SCC ) - Dow Jones US Consumer Services Double Short ETF 2x
UltraShort Health Care ( RXD ) - Dow Jones US Health Care Double Short ETF 2x
UltraShort Industrials ( SIJ ) - Dow Jones US Industrials Double Short ETF 2x
UltraShort Real Estate ( SRS ) - Dow Jones US Real Estate Double Short ETF 2x
UltraShort Semiconductors ( SSG ) - Dow Jones US Semiconductors Double Short ETF 2x
UltraShort Technology ( REW ) - Dow Jones US Technology Double Short ETF 2x
UltraShort Telecommunications ( TLL ) - Dow Jones US Telecommunications Double Short ETF 2x
Ultra Short Utilities ( SDP ) - Dow Jones U.S Utilities Index Double Short ETF 2x
International Short ETFs
Short MSCI EAFE ( EFZ ) - MSCI EAFE Index Short ETF
UltraShort MSCI EAFE ( EFU ) - MSCI EAFE Double Short ETF 2x
Short MSCI Emerging Markets ( EUM ) - MSCI Emerging Markets Short ETF
UltraShort MSCI Emerging Markets ( EEV ) - MSCI Emerging Markets Double Short ETF 2x
UltraShort MSCI Europe ( EPV ) - MSCI Europe Double Short ETF 2x
UltraShort MSCI Pacific ex Japan ( JPX ) - MSCI Pacific Double Short ETF 2x
UltraShort MSCI Brazil ( BZQ ) - MSCI Brazil Double Short ETF 2x
UltraShort FTSE/Xinhua China 25 ( FXP ) - FTSE/Xinhua China 25 Double Short ETF 2x
UltraShort MSCI Japan ( EWV ) - MSCI Japan Double Short ETF 2x
UltraShort MSCI Mexico ( SMK ) - MSCI Mexico Double Short ETF 2x
Fixed Income Short ETFs
UltraShort 7-10 Year Treasury ( PST ) - Barclays Capital 7-10 Year U.S Treasury Double Short ETF 2x
UltraShort 20+ Year Treasury ( TBT ) - Barclays Capital 20+ Year Treasury Double Short ETF 2x
Commodity Short ETFs
UltraShort DJ-UBS Commodity ( CMD ) - Dow Jones UBS Commodity Double Short ETF 2x
UltraShort DJ-UBS Crude Oil ( SCO ) - Dow Jones UBS Crude Oil Double Short ETF 2x
UltraShort Gold ( GLL ) - Gold Double Short ETF 2x
Ultra Short Silver ( ZSL ) - Silver Double Short ETF 2x
Currency Short ETFs
UltraShort Euro ( EUO ) - Euro/US Dollar Double Short ETF 2x
UltraShort Yen ( YCS ) - Yen/US Dollar Double Short ETF 2x
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Dow Jones Futures 7/9/09 Stock Market Futures
How will the stock market open on Thursday - July 9, 2009? The Dow Jones and Stock Market Futures are pointing toward a higher open for pre market. Check out technical analysis for July 9.
Discuss Stocks - www.stockstobuy.org
Stock Market Futures 7/9/09 - Pre Market Trading - Updated 6:50am EST
Dow Jones Industrial Average ($DJI) Futures - Up 42.59
S&P 500 INDEX ( INX ) Futures - Up 5.25
Nasdaq Composite Index (.IXIC) Futures - Up 4.80
NIKKEI 225 ( .N225 ) - 9291.06 Down 129.69
Oil Futures - 61.28
Gold Futures - 915.70
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Discuss Stocks - www.stockstobuy.org
Stock Market Futures 7/9/09 - Pre Market Trading - Updated 6:50am EST
Dow Jones Industrial Average ($DJI) Futures - Up 42.59
S&P 500 INDEX ( INX ) Futures - Up 5.25
Nasdaq Composite Index (.IXIC) Futures - Up 4.80
NIKKEI 225 ( .N225 ) - 9291.06 Down 129.69
Oil Futures - 61.28
Gold Futures - 915.70
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 7/9/09 Stock Market Analysis
Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 7/9/09Dow Jones Industrial Average ($DJI) Support & Resistance Levels - July 9, 2009
Resistance Levels: 8200, 8250, 8375, 8600
Support Levels: 8087, 8000
http://stockcharts.com/ - Chart
The Dow Jones snapped back today after hitting a low of 8087. Resistance remains between 8200-8250 with the major resistance being located around 8400 which is in between the three major moving averages. If we do rally up to the 8400 area, I would be a seller. As you get closer to 8000 like today, I would be a buyer. Next week we will get earnings out of major companies such as GE, Citi, BAC, Intel, and IBM so buckle your seat belts. For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index - Stock Forum
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Dow Jones Close 7/8/09 - Stock Market Closing Prices
Stock Market Closing Prices - 7/8/09
Dow Jones Industrial Average ( DJIA ) Close - 8178.41 Up 14.81
Nasdaq Stock Market Close - 1747.17 Up 1
S&P 500 Close - 879.56 Down 1.47
http://dowjonesclose.com
Libor Rates - 7/8/09 - Mortgage Rates
Commodities Closing Prices - 7/8/09
Gold - 909.10
Oil - 60.31
Natural Gas - 3.36
Discuss Stocks - www.stockstobuy.org
The Dow Jones Industrial Average closed at 8178 on 7/8/09, as the stock market was down for most of the day on lower energy prices as well as the lack of buying before Alcoa ( AA ) earnings tonight. The Dow Jones Futures started the day slightly higher but the morning bounce faded which left the Dow Jones testing 8100 in the early afternoon. A 10 year treasury bond auction went well and briefly cause the stock market trade go back to even but stocks quickly traded back to their lows. Tonight the the new earnings season kicks off with Alcoa ( AA ) which is expected to lose $0.38 per share. This earnings report will set the stage for tomorrow.
Heavy buying in the last half hour of trading caused the stock market to close green which was led by technology and retail stocks. Check out some of the events I will be watching for Thursday.
Also, Check out my stocks to watch report for Thursday. I will also have technical analysis of the stock market tonight - Right Here
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 Industrial Average ( DJIA ) Close - 8178.41 Up 14.81
Nasdaq Stock Market Close - 1747.17 Up 1
S&P 500 Close - 879.56 Down 1.47
http://dowjonesclose.com
Libor Rates - 7/8/09 - Mortgage Rates
Commodities Closing Prices - 7/8/09
Gold - 909.10
Oil - 60.31
Natural Gas - 3.36
Discuss Stocks - www.stockstobuy.org
The Dow Jones Industrial Average closed at 8178 on 7/8/09, as the stock market was down for most of the day on lower energy prices as well as the lack of buying before Alcoa ( AA ) earnings tonight. The Dow Jones Futures started the day slightly higher but the morning bounce faded which left the Dow Jones testing 8100 in the early afternoon. A 10 year treasury bond auction went well and briefly cause the stock market trade go back to even but stocks quickly traded back to their lows. Tonight the the new earnings season kicks off with Alcoa ( AA ) which is expected to lose $0.38 per share. This earnings report will set the stage for tomorrow.
Heavy buying in the last half hour of trading caused the stock market to close green which was led by technology and retail stocks. Check out some of the events I will be watching for Thursday.
Also, Check out my stocks to watch report for Thursday. I will also have technical analysis of the stock market tonight - Right Here
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 July 9, 2009 7/9/09
Wednesday, 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 July 9, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here
Discuss Stocks - www.stockstobuy.org
Stocks to Watch - 7/9/09 - Stock Market Ideas
Head and Shoulders Pattern - First, before I buy or watch any stocks, I must remind myself that the stock market is breaking down on a technical pattern called the head and shoulders formation. The neckline was broken on Tuesday and there is now a clear downtrend. How long will this last? Not very sure but I am looking for at least 8000 to be tested before the downtrend ends. Rallies back to the 10 & 50 day moving averages should be sold. You can see my Dow Jones Analysis each day - Right Here
Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - On July 9, 2009 - FAS and FAZ will both have reverse splits. FAS stock will have a 1-5 reverse split ( if you have 100 shares of FAS, you will now have only 20 shares at 5 times the price which will be around $35-$37.50) and FAZ stock will have a 1-10 reverse split ( if you have 100 shares of FAZ, you will now only have 10 at 10 times the price which should be around $55-$57 per share). I was one day early reporting that this would happen on the 8th. Also, FAS has major support at the $7.00 level.
Citigroup Inc (C:NYSE) - Citigroup stock continues to free-fall with no signs of a bottom. After breaking through $2.61 on Wednesday, Citigroup looks poised to retest the low $2.40's which should hold...but I thought $2.61 would hold. After $2.40, you have the March 30, 2009 low of $2.25. Citigroup is overdue for a rally back to the 10 day moving average which falls each day but located at $2.90. A break above Wednesday's high of $2.71 could be the rally signal I am looking for.
American Intl Group, Inc. (AIG) - AIG stock continues to plunge as well. AIG broke $15 like a hot knife through butter on Tuesday. There was absolutely no buying support there whatsoever! It might be a good idea to play AIG from the short side if you can borrow shares. The only way i'd buy AIG would be on a break back above $15 for a quick trade. Looking at the charts, the technicals are so bad that there is virtually no support until $10.
U.S. Oil Fund (NYSE: USO) - The United States Oil Fund LP (ETF) hit a low of $32.50 as oil prices plunged on Wednesday near $60 per barrel. The USO has support between $32-$32.16 as well as around $31. If you are looking to trade oil, this ETF allows you to trade the daily moves of crude oil. I would only suggest using this ETF if you know how it works.
Continental Resources Inc. (CLR) - Tuesday was the day that I started my non day trading position in Continental Resources. This is a great way to play Oil in a stock if you are not familiar with the USO above. In my opinion, given the current valuation, CLR is even better then Oil itself. Two weeks ago, Jim Cramer recommended it at $27 so at $22.61 where I bought, I couldn't go wrong. I am prepared to back up the truck under $20 as well. Watch the Video
General Electric Company (NYSE:GE) - General Electric (GE) is approaching support at $10.50 and $10. Check out my GE technical analysis.
Cell Therapeutics, Inc. (CTIC) - CTIC stock broke down today but is still holding the recent low of $1.22. If $1.22 is broken, the downside risk is huge. However, for a trade, I will be buying CTIC when it breaks through the High of the Day.
Hemispherx Biopharma, Inc. (HEB) - Investors and traders continue to wait for the FDA decision on their CFS drug, Ampligen. The long delay is starting to get old! Management remains silent. It's almost like they went on vacation without notifying investors. ZzzzzZZzzzzZZZzZzZzZZz
Buy the Dip - Below is a list of stocks I would be buying on any strong pullback.
Visa Inc. (NYSE: V) - $56
MasterCard (MA) - $150
Apple (AAPL) - $120
Palm, Inc. (PALM) - $13
Research In Motion Ltd. (RIMM) - $57
Ford Motor Co. (F) - $5
First Solar (FSLR) - $141 or lower
Continental Resources Inc. (CLR) - Bought the dip 7/7/09
Freeport-McMoRan Copper & Gold Inc. (FCX) - $36
Pyramid Oil Company ( PDO ) - $3.75
Fuqi International, Inc. (FUQI) - $14.50
AgFeed Industries ( FEED ) - $3.50
Fuel Systems Solutions, Inc. (FSYS) - $15
STEC, Inc. (STEC) - $18
Huntington Bancshares Inc. (HBAN) - $2-$2.50
Other Stocks to Watch - July 9, 2009
Novogen Limited (NVGN)
Targacept, Inc. (TRGT)
Amgen Inc. (AMGN)
Family Dollar Stores Inc. (FDO)
DynCorp International Inc. (DCP)
Steak n Shake Co. (SNS)
BPZ Resources, Inc. (BPZ)
Tractor Supply Company (TSCO)
Whole Foods Market, Inc. (WFMI)
O'Charley's Inc. (CHUX)
Dollar Tree Inc. (DLTR)
UltraShort DJ-AIG Crude Oil ProShares (SCO)
UltraShort Financials ProShares (SKF)
Direxion Daily Small Cap Bear 3X Shares (TZA)
DryShips, Inc. (DRYS)
Penny Stocks to Watch - 7/9/09
Marshall Edwards Inc. (MSHL)
Gravity Co., Ltd (GRVY)
Gasco Energy Inc. (GSX)
Zila, Inc. (ZILA)
Radio One Inc. (ROIAK)
Corus Bankshares Inc. (CORS)
Pacific Ethanol, Inc. (PEIX)
Aries Maritime Transport Ltd. (RAMS)
Leadis Technology Inc. (LDIS)
OTC & Pink Sheets Stocks to Watch - 7/9/09
Discuss these at http://stockstobuy.org
China Crescent Enterprises, Inc. (CCTR.OB)
Neah Power Systems, Inc. (NPWS.OB)
SpongeTech Delivery Systems, Inc. (SPNG.OB)
IDENTA CORP (IDTA.PK)
IDEAL FINANCIAL SOL (IFSL.PK)
LEAR CORP. (LEAR.PK)
Lifestream Technologies Inc. (LFTC.PK)
Left Behind Games Inc. (LFBG.OB)
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
Discuss Stocks - www.stockstobuy.org
Stocks to Watch - 7/9/09 - Stock Market Ideas
Head and Shoulders Pattern - First, before I buy or watch any stocks, I must remind myself that the stock market is breaking down on a technical pattern called the head and shoulders formation. The neckline was broken on Tuesday and there is now a clear downtrend. How long will this last? Not very sure but I am looking for at least 8000 to be tested before the downtrend ends. Rallies back to the 10 & 50 day moving averages should be sold. You can see my Dow Jones Analysis each day - Right Here
Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - On July 9, 2009 - FAS and FAZ will both have reverse splits. FAS stock will have a 1-5 reverse split ( if you have 100 shares of FAS, you will now have only 20 shares at 5 times the price which will be around $35-$37.50) and FAZ stock will have a 1-10 reverse split ( if you have 100 shares of FAZ, you will now only have 10 at 10 times the price which should be around $55-$57 per share). I was one day early reporting that this would happen on the 8th. Also, FAS has major support at the $7.00 level.
Citigroup Inc (C:NYSE) - Citigroup stock continues to free-fall with no signs of a bottom. After breaking through $2.61 on Wednesday, Citigroup looks poised to retest the low $2.40's which should hold...but I thought $2.61 would hold. After $2.40, you have the March 30, 2009 low of $2.25. Citigroup is overdue for a rally back to the 10 day moving average which falls each day but located at $2.90. A break above Wednesday's high of $2.71 could be the rally signal I am looking for.
American Intl Group, Inc. (AIG) - AIG stock continues to plunge as well. AIG broke $15 like a hot knife through butter on Tuesday. There was absolutely no buying support there whatsoever! It might be a good idea to play AIG from the short side if you can borrow shares. The only way i'd buy AIG would be on a break back above $15 for a quick trade. Looking at the charts, the technicals are so bad that there is virtually no support until $10.
U.S. Oil Fund (NYSE: USO) - The United States Oil Fund LP (ETF) hit a low of $32.50 as oil prices plunged on Wednesday near $60 per barrel. The USO has support between $32-$32.16 as well as around $31. If you are looking to trade oil, this ETF allows you to trade the daily moves of crude oil. I would only suggest using this ETF if you know how it works.
Continental Resources Inc. (CLR) - Tuesday was the day that I started my non day trading position in Continental Resources. This is a great way to play Oil in a stock if you are not familiar with the USO above. In my opinion, given the current valuation, CLR is even better then Oil itself. Two weeks ago, Jim Cramer recommended it at $27 so at $22.61 where I bought, I couldn't go wrong. I am prepared to back up the truck under $20 as well. Watch the Video
General Electric Company (NYSE:GE) - General Electric (GE) is approaching support at $10.50 and $10. Check out my GE technical analysis.
Cell Therapeutics, Inc. (CTIC) - CTIC stock broke down today but is still holding the recent low of $1.22. If $1.22 is broken, the downside risk is huge. However, for a trade, I will be buying CTIC when it breaks through the High of the Day.
Hemispherx Biopharma, Inc. (HEB) - Investors and traders continue to wait for the FDA decision on their CFS drug, Ampligen. The long delay is starting to get old! Management remains silent. It's almost like they went on vacation without notifying investors. ZzzzzZZzzzzZZZzZzZzZZz
Buy the Dip - Below is a list of stocks I would be buying on any strong pullback.
Visa Inc. (NYSE: V) - $56
MasterCard (MA) - $150
Apple (AAPL) - $120
Palm, Inc. (PALM) - $13
Research In Motion Ltd. (RIMM) - $57
Ford Motor Co. (F) - $5
First Solar (FSLR) - $141 or lower
Continental Resources Inc. (CLR) - Bought the dip 7/7/09
Freeport-McMoRan Copper & Gold Inc. (FCX) - $36
Pyramid Oil Company ( PDO ) - $3.75
Fuqi International, Inc. (FUQI) - $14.50
AgFeed Industries ( FEED ) - $3.50
Fuel Systems Solutions, Inc. (FSYS) - $15
STEC, Inc. (STEC) - $18
Huntington Bancshares Inc. (HBAN) - $2-$2.50
Other Stocks to Watch - July 9, 2009
Novogen Limited (NVGN)
Targacept, Inc. (TRGT)
Amgen Inc. (AMGN)
Family Dollar Stores Inc. (FDO)
DynCorp International Inc. (DCP)
Steak n Shake Co. (SNS)
BPZ Resources, Inc. (BPZ)
Tractor Supply Company (TSCO)
Whole Foods Market, Inc. (WFMI)
O'Charley's Inc. (CHUX)
Dollar Tree Inc. (DLTR)
UltraShort DJ-AIG Crude Oil ProShares (SCO)
UltraShort Financials ProShares (SKF)
Direxion Daily Small Cap Bear 3X Shares (TZA)
DryShips, Inc. (DRYS)
Penny Stocks to Watch - 7/9/09
Marshall Edwards Inc. (MSHL)
Gravity Co., Ltd (GRVY)
Gasco Energy Inc. (GSX)
Zila, Inc. (ZILA)
Radio One Inc. (ROIAK)
Corus Bankshares Inc. (CORS)
Pacific Ethanol, Inc. (PEIX)
Aries Maritime Transport Ltd. (RAMS)
Leadis Technology Inc. (LDIS)
OTC & Pink Sheets Stocks to Watch - 7/9/09
Discuss these at http://stockstobuy.org
China Crescent Enterprises, Inc. (CCTR.OB)
Neah Power Systems, Inc. (NPWS.OB)
SpongeTech Delivery Systems, Inc. (SPNG.OB)
IDENTA CORP (IDTA.PK)
IDEAL FINANCIAL SOL (IFSL.PK)
LEAR CORP. (LEAR.PK)
Lifestream Technologies Inc. (LFTC.PK)
Left Behind Games Inc. (LFBG.OB)
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
Alcoa AA Stock Earnings July 8 2009 7/8/09
Today, July 8 - 2009, Alcoa Inc. ( AA ) will be reporting earnings ( or lack there of ) due out after the bell at 4pm.
Earnings Expected out of Alcoa - 7/8/09
Earnings - (-0.38)EPS - Estimate Range - (-0.24) - (-0.68)EPS
Revenue - 3.93 Billion - Estimate Range - 3.59 Billion - 4.11 Billion
Alcoa officially kicks off the new earnings season tonight and should have a big impact of the overall stock market.
I will post the numbers below when they are released!
4:00pm EST - Alcoa ( AA ) Stock Halted - Pending Earnings Release
4:15pm EST - Alcoa ( AA ) Earnings - Revenue 4.24 Billion - (-.26 )EPS better then expected - Aluminum prices up 9% since 1st quarter which helped earnings.
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Earnings Expected out of Alcoa - 7/8/09
Earnings - (-0.38)EPS - Estimate Range - (-0.24) - (-0.68)EPS
Revenue - 3.93 Billion - Estimate Range - 3.59 Billion - 4.11 Billion
Alcoa officially kicks off the new earnings season tonight and should have a big impact of the overall stock market.
I will post the numbers below when they are released!
4:00pm EST - Alcoa ( AA ) Stock Halted - Pending Earnings Release
4:15pm EST - Alcoa ( AA ) Earnings - Revenue 4.24 Billion - (-.26 )EPS better then expected - Aluminum prices up 9% since 1st quarter which helped earnings.
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
GE Stock Analysis 7/8/09 July 8, 2009
GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for July 8, 2009General Electric Co. Support & Resistance Levels - 7/8/09
Resistance Levels: $11.50, $12
Support Levels: $10.50, $10, $9.18
http://stockcharts.com - Chart
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General Electric Company (NYSE:GE) continues to go down with the overall stock market and the fact that the stock is technically weak. GE stock is approaching a few key support levels that should stop the recent stock slide and possibly produce a bounce. There is minor support at around $10.50 but the major support will be at the $10 level. If GE breaks through $10, look for a quick fall back to the low $9's. I would only be a buyer of GE shares when they close back above the 10 day moving average currently located at $11.50 but has been falling about $0.10 per trading day. If you look at the RSI reading, GE stock is very oversold. For More Technical Analysis - Go Here
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Biggest Stock Gainers 7/8/09 July 8, 2009
Today, July 8, 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 my Past, Current, and Future Stock Gainers Report Right Here
Top Stocks 7/8/09 - Biggest Gainers Today
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Novogen Limited (NVGN) - $4.75 Up 67.84% - Researchers Discover That Phenoxodiol Kills Rapidly Proliferating T-Cells
Targacept, Inc. (TRGT) - $3.02 Up 23.77% - AstraZeneca to further develop Targacept's ADHD drug
Amgen Inc. (AMGN) - $60.37 Up 15.55% - AMGN stock soars on Drug Data
DynCorp International Inc. (DCP) - $17.97 Up 13.38% - DynCorp International Inc. Schedules Earnings Conference Call to Discuss First Quarter Fiscal Year 2010 Earnings
BPZ Resources, Inc. (BPZ) - $5.22 Up 13.97% - BPZ Energy Secures Commitments for Senior Debt Credit Facility
Tenet Healthcare Corp. (THC) - $3.17 Up 10.84% - Healthcare news causing this stock to jump
Family Dollar Stores Inc. (FDO) - $30.27 Up 9.08% - Family Dollar profit beats Wall Street view; shares up
Republic Airways Holdings Inc. (RJET) - $5.47 Up 8.10% - Oil falls, RJET spikes higher
Photronics Inc. (PLAB) - $4.46 Up 9.05% - Upgraded
Tractor Supply Company (TSCO) - $43.73 Up 8.38% - Tractor Supply sees strong Q2 profit; shares rise
Avis Budget Group, Inc. (CAR) - $5.49 Up 5.39% - No News
DryShips, Inc. (DRYS) - $5.20 Up 6.12% - Upgraded
More............
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
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Top Stocks 7/8/09 - Biggest Gainers Today
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Novogen Limited (NVGN) - $4.75 Up 67.84% - Researchers Discover That Phenoxodiol Kills Rapidly Proliferating T-Cells
Targacept, Inc. (TRGT) - $3.02 Up 23.77% - AstraZeneca to further develop Targacept's ADHD drug
Amgen Inc. (AMGN) - $60.37 Up 15.55% - AMGN stock soars on Drug Data
DynCorp International Inc. (DCP) - $17.97 Up 13.38% - DynCorp International Inc. Schedules Earnings Conference Call to Discuss First Quarter Fiscal Year 2010 Earnings
BPZ Resources, Inc. (BPZ) - $5.22 Up 13.97% - BPZ Energy Secures Commitments for Senior Debt Credit Facility
Tenet Healthcare Corp. (THC) - $3.17 Up 10.84% - Healthcare news causing this stock to jump
Family Dollar Stores Inc. (FDO) - $30.27 Up 9.08% - Family Dollar profit beats Wall Street view; shares up
Republic Airways Holdings Inc. (RJET) - $5.47 Up 8.10% - Oil falls, RJET spikes higher
Photronics Inc. (PLAB) - $4.46 Up 9.05% - Upgraded
Tractor Supply Company (TSCO) - $43.73 Up 8.38% - Tractor Supply sees strong Q2 profit; shares rise
Avis Budget Group, Inc. (CAR) - $5.49 Up 5.39% - No News
DryShips, Inc. (DRYS) - $5.20 Up 6.12% - Upgraded
More............
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
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Hot Penny Stocks 7/8/09 July 8, 2009
Today, 7/8/09, 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 also list OTC and Pink Sheets stock gainers below. You can find ALL Penny Stock Reports Here
Penny Stock Gainers - July 8, 2009
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Marshall Edwards Inc. (MSHL) - $1.03 Up 47.14% - No News
Zila, Inc. (ZILA) - $0.43 Up 16.16% - Intelident Solutions Proposes to Acquire Zila for $0.42 per share in Cash
Gravity Co., Ltd (GRVY) - $1.61 Up 51.89% - Gravity Reports First Quarter of 2009 Results
NetSol Technologies Inc. (NTWK) - $0.70 Up 6.06% - NetSol Technologies Awarded a Large Turnkey E-Government Contract to Automate Tax Collection Systems for Province of Sindh
XOMA Ltd. (XOMA) - $0.80 Up 3.04% - XOMA Announces Conference Call and Webcast On July 14 to Review Top Line Multi-dose and Other Results of Its Phase 1 Clinical Trial of XOMA 052 in Type 2 Diabetes
Mesa Air Group Inc. (MESA) - $0.16 Up 7.25% - No News
UCBH Holdings Inc. (UCBH) - $1.27 Up 7.56% - Troubled UCBH expands senior exec’s responsibilities
South Financial Group Inc. (TSFG) - $1.16 Up 6.42% - No News
deCODE genetics Inc. (DCGN) - $0.53 Up 6.40% - No News
OTC - Pink Sheets Stock Gainers - 7/8/09
Neah Power Systems, Inc. (NPWS.OB) - $0.12 Up 5% - NEAH Creates the First Hybrid Electrolyte Aerobic Direct Methanol Fuel Cell
eDOORWAYS Corporation (EDWY.PK) - $0.024 Up 9% - eDOORWAYS Names Senior Financial & Accounting Specialist
Left Behind Games Inc. (LFBG.OB) - $0.07 Up 80.82% - Left Behind Games Signs Distribution Agreement With Jack of All Games
IDEAL FINANCIAL SOL (IFSL.PK) - $0.0018 Up 50% - Ideal Financial Solutions Doubles First Quarter Revenue With Over $3,000,000 in Second Quarter Revenues
Lifestream Technologies Inc. (LFTC.PK) - $0.0007 Up 600% - No News
BIOCENTRIC ENERGY HO (BEHL.PK) - $0.03 Up 20% - BioCentric Energy Holdings to License Algae Equipment Distributors
BioNeutral Group, Inc. (BONU.OB) - $0.60 Up 11.11% - No News
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stock Message Board
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Penny Stock Gainers - July 8, 2009
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Marshall Edwards Inc. (MSHL) - $1.03 Up 47.14% - No News
Zila, Inc. (ZILA) - $0.43 Up 16.16% - Intelident Solutions Proposes to Acquire Zila for $0.42 per share in Cash
Gravity Co., Ltd (GRVY) - $1.61 Up 51.89% - Gravity Reports First Quarter of 2009 Results
NetSol Technologies Inc. (NTWK) - $0.70 Up 6.06% - NetSol Technologies Awarded a Large Turnkey E-Government Contract to Automate Tax Collection Systems for Province of Sindh
XOMA Ltd. (XOMA) - $0.80 Up 3.04% - XOMA Announces Conference Call and Webcast On July 14 to Review Top Line Multi-dose and Other Results of Its Phase 1 Clinical Trial of XOMA 052 in Type 2 Diabetes
Mesa Air Group Inc. (MESA) - $0.16 Up 7.25% - No News
UCBH Holdings Inc. (UCBH) - $1.27 Up 7.56% - Troubled UCBH expands senior exec’s responsibilities
South Financial Group Inc. (TSFG) - $1.16 Up 6.42% - No News
deCODE genetics Inc. (DCGN) - $0.53 Up 6.40% - No News
OTC - Pink Sheets Stock Gainers - 7/8/09
Neah Power Systems, Inc. (NPWS.OB) - $0.12 Up 5% - NEAH Creates the First Hybrid Electrolyte Aerobic Direct Methanol Fuel Cell
eDOORWAYS Corporation (EDWY.PK) - $0.024 Up 9% - eDOORWAYS Names Senior Financial & Accounting Specialist
Left Behind Games Inc. (LFBG.OB) - $0.07 Up 80.82% - Left Behind Games Signs Distribution Agreement With Jack of All Games
IDEAL FINANCIAL SOL (IFSL.PK) - $0.0018 Up 50% - Ideal Financial Solutions Doubles First Quarter Revenue With Over $3,000,000 in Second Quarter Revenues
Lifestream Technologies Inc. (LFTC.PK) - $0.0007 Up 600% - No News
BIOCENTRIC ENERGY HO (BEHL.PK) - $0.03 Up 20% - BioCentric Energy Holdings to License Algae Equipment Distributors
BioNeutral Group, Inc. (BONU.OB) - $0.60 Up 11.11% - No News
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stock Message Board
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Art Cashin CNBC 7/8/09 July 8, 2009
Art Cashin was on CNBC this morning, July 8, 2009 - and gave some comments about what he is seeing in the stock market right now. Art is a floor trader from UBS on the NYSE as well as a CNBC contributor.
Art Cashin Comments - July 8, 2009
I think we will know the coarse of the stock market by July 17, 2009. Whether we retest the lows or not, we will have an answer by the end of next week. As far as earnings go, I an discounting the earnings and focusing on the outlook.
The first stimulus package was part illusion and hope, we misused it, we may not be able to help ourselves now the we actually need it.
Stay tuned................
For all of Art's Comments, go here
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Art Cashin Comments - July 8, 2009
I think we will know the coarse of the stock market by July 17, 2009. Whether we retest the lows or not, we will have an answer by the end of next week. As far as earnings go, I an discounting the earnings and focusing on the outlook.
The first stimulus package was part illusion and hope, we misused it, we may not be able to help ourselves now the we actually need it.
Stay tuned................
For all of Art's Comments, go here
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Stock Upgrades July 8, 2009 - DRYS FSLR AMZN
July 8, 2009 - Here are some upgrades in the stock market today:
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DryShips, Inc. (DRYS) - DryShips upgraded to Outperform from Underperform at Credit Suisse - Dryships stock is currently up over 5% in pre market - price target $8
Amazon.com Inc. (AMZN) - Amazon.com upgraded at Susquehanna - weak dollar contributed to this upgrade to positive. AMZN receives a $100 price target.
First Solar, Inc. (FSLR) - First Solar upgraded to Buy from Accumulate at ThinkEquity - price target $180 - FSLR trying to break $150 in pre market so far.
Peabody Energy Corp. (BTU) - Upgraded at Goldman Sachs - Price Target $45
Freeport-McMoRan Copper & Gold Inc. (FCX) - FCX upgraded at Citigroup with a $58 price target.
Skyworks Solutions Inc. (SWKS) - SWKS upgraded at Raymond James to Strong Buy
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
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DryShips, Inc. (DRYS) - DryShips upgraded to Outperform from Underperform at Credit Suisse - Dryships stock is currently up over 5% in pre market - price target $8
Amazon.com Inc. (AMZN) - Amazon.com upgraded at Susquehanna - weak dollar contributed to this upgrade to positive. AMZN receives a $100 price target.
First Solar, Inc. (FSLR) - First Solar upgraded to Buy from Accumulate at ThinkEquity - price target $180 - FSLR trying to break $150 in pre market so far.
Peabody Energy Corp. (BTU) - Upgraded at Goldman Sachs - Price Target $45
Freeport-McMoRan Copper & Gold Inc. (FCX) - FCX upgraded at Citigroup with a $58 price target.
Skyworks Solutions Inc. (SWKS) - SWKS upgraded at Raymond James to Strong Buy
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
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Baltic Dry Index Shipping Rates 7/8/09 BDI
The BDI data is critical for how the DryBulk Shipping Stocks such as DryShips Inc ( DRYS ), Excel Maritime Carriers Ltd( EXM ), Diana Shipping Inc ( DSX ), Genco Shipping & Trading Limited ( GNK ), TBS International Limited ( TBSI ), Navios Maritime ( NM ), Eagle Bulk Shipping Inc. ( EGLE ), Paragon Shipping Inc. ( PRGN ), Star Bulk Carriers Corp. ( SBLK ), and OceanFreight Inc ( 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://www.dowjonesclose.com/bdi.html
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Dry Bulk Shipping Rates - July 8, 2009 - BDI Down 6 Straight Days
Baltic Dry Index ( BDI ) - 3106 Down 109
Baltic Cape Index ( BCI ) - 5337 Down 331
Panamax Index ( BPI ) - 2897 Down 20
Supramax Index ( BSI ) - 1749 Up 25
Past Bulk Shipping Rates
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http://www.dowjonesclose.com/bdi.html
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Dry Bulk Shipping Rates - July 8, 2009 - BDI Down 6 Straight Days
Baltic Dry Index ( BDI ) - 3106 Down 109
Baltic Cape Index ( BCI ) - 5337 Down 331
Panamax Index ( BPI ) - 2897 Down 20
Supramax Index ( BSI ) - 1749 Up 25
Past Bulk Shipping Rates
Discuss the Baltic Dry Index - Click Here
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1 and 3 Month Libor Rates - 7/8/09 - Today's Libor Rates
It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 7/8/09, are: 1 Month Libor Rate - 0.300%. & 3 Month Libor Rate - 0.525%. The overnight Libor rate is 0.251%. As you can see, Libor Rates have changed today, July 8, 2009. All three libor rates dropped today.
Here are Previous Libor rates. You can also compare Libor Rates to how the Dow Jones traded.
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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
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