November 9, 2011 - The Stock Market is lower today on news of the italian bond yield surging above 7.45%. Dow Jones Futures are currently down 220 points. Below are some stocks making the news and worth watching in pre market and the open today.
SodaStream International (SODA) - SodaStream International (SODA) is higher by 13% after the company reported solid earnings. SODA will have resistance at $40 today.
VelocityShares Daily 2x VIX ST ETN (TVIX) - VelocityShares Daily 2x VIX ST ETN (TVIX) is up 14% in pre market due to the Volatility Index spiking. The VIX will be above 30 today most likely.
General Motors (GM) - General Motors (GM) reported earnings this morning but the stock is lower by 4.5%. Revenue was flat!
Sina Corp (SINA) - Sina Corp (SINA) is dropping to $83 in pre market despite a 2012 price target raise to $132 by Brean Murray. The analyst says SINA is a buy right now.
Local.com Corp. (LOCM) - Local.com Corp. (LOCM) started a new ad program called Rovion. LOCM stock is trading flat in pre market but is something worth watching in the company months.
Exxon Mobil (XOM) - Exxon Mobil (XOM) says shale play around the US will spread globally as countries look for more domestic oil fields. The best oil fields in the US right now are the Bakken Shale - Eagle Ford Shale - Utica Shale - Niobrara Shale - Tuscaloosa Marine Shale
