Bloomberg:
- Emerging-Market Stocks Decline as Earnings Miss Estimates. Emerging-market
stocks fell to the lowest level in four weeks after results from Tata
Motors Ltd. to AngloGold Ashanti Ltd. (ANG) missed analysts’ estimates
and Banco Santander SA lowered its outlook for Brazil’s Ibovespa. The
MSCI Emerging Markets Index dropped 0.9 percent to 937.48 at 11:42 a.m.
in New York, set for the lowest close since July 10. Tata Motors
slumped 3 percent in Mumbai as sales growth at its Jaguar Land Rover
Ltd. unit slowed, while South Africa’s AngloGold tumbled to 12-year low
after also suspending its dividend. Most Brazilian shares retreated as
mining company MMX
Mineracao e Metalicos SA sank. Fourteen out of the 24 currencies
tracked by Bloomberg fell, led by India’s rupee. About 60 percent of the companies in the benchmark of developing nations that reported quarterly results missed
earnings projections, according to data compiled by Bloomberg.
- Carney’s BOE Rates Guidance Stumbles on Investor Skepticism. Bank of England Governor Mark Carney’s campaign to restrain interest-rate expectations is already running into skepticism. Gilt
yields rose to the highest in more than a month after Carney took the
unprecedented step of saying the bank probably won’t raise its benchmark
from a record-low 0.5 percent until unemployment falls to 7 percent.
While policy makers don’t expect that to occur before the third quarter
of 2016, investors
bet faster inflation will force them to act sooner.
- European Stocks Drop on BOE Comments; Natixis Slides. European
stocks fell as the Bank of England said it won’t raise interest rates
or reduce bond purchases until the U.K.’s jobless rate falls below 7
percent, sparking concern it expects the economic recovery to be slow.
Natixis SA dropped the most in six months after posting a 29 percent
decline in second-quarter net income. Rexel (RXL) SA lost 4.2 percent
after its largest shareholder sold a 10 percent stake. Randgold
Resources Ltd. led mining stocks lower after reporting a slump in sales
and earnings. ING Groep NV surged to
a two-year high after quarterly pretax profit rose. The Stoxx Europe 600 Index declined 0.2 percent to 302.81
at the close of trading, as Bank of England Governor Mark Carney
said the U.K. economy hasn’t reached “escape velocity.”
- BofA(BAC) Put Toxic Debt in Bond as Staff Resisted, U.S. Says. Bank
of America Corp.’s traders fought off efforts by the firm in 2007 to
include risky Alt-A mortgages in a securitization. That wasn’t enough to
spare investors from being cheated, according to the U.S. The Department of Justice accused the company in a lawsuit yesterday of misleading investors about the
quality of loans tied to $850 million in mortgage-backed securities. The
complaint chronicles friction among bank staff in 2007 and 2008 as they
excluded risky Alt-A loans while leaving in wholesale debts once
scorned as “toxic waste” by the firm’s then-chief.
Wall Street Journal:
- Obama Cancels Meeting With Putin Amid Tension Over Snowden. Relations Strained Over Russia's Decision to Grant Asylum to NSA Leaker.
President Barack Obama canceled a bilateral meeting with Russian
President Vladimir Putin set to be held in Moscow next month, following
Russia's decision to grant asylum to former U.S. contractor Edward
Snowden, the White House said
Wednesday.
- Fed’s Pianalto: Ready to Scale Back QE if Labor Market Stays on Current Path. The president of the Cleveland Federal Reserve Bank said Wednesday
she would be ready to scale back the central bank’s $85
billion-per-month bond-buying program if the labor market continues on
its current path of improvement. The official, Sandra Pianalto, didn’t specify a timeframe for when she thought the first reduction in the bond-buying program would be appropriate.
Fox News:
- Al Qaeda intercept challenges narrative of terror group 'on the run'. Reports that top-level communications among 20 Al Qaeda operatives
prompted the ongoing security alert affecting U.S. embassies around the
world have raised even more questions about the Obama administration's
repeated claims that Al Qaeda is "on the run." The assertion that Al Qaeda -- with the death of Usama bin Laden and
of many of his lieutenants -- is a shell of its former self was a
linchpin of the 2012 Obama campaign. Even with the ongoing security
threat, the State Department insisted as recently as Tuesday that the
"Al Qaeda core has been weakened, decimated," despite lingering concerns
about the affiliates.
CNBC:
- S&P 500's most shorted stocks. As the S&P 500 continues to trade near record highs, short interest appears to be on the rise. According to data from FactSet, in the first half of July average
short interest for S&P 500 stocks increased more than 5 percent,
with over 55 percent of those companies seeing a spike in short
interest.
Zero Hedge:
Business Insider:
Indianapolis Business Journal:
- Slumping Caterpillar(CAT) to lay off 125 workers in Lafayette. Caterpillar Inc. said it's laying off 125 workers at its Lafayette large-engine plant because of weak product demand. The Peoria, Ill.-based company, the
world's largest maker of construction and mining equipment, said the
indefinite layoffs
will begin Aug. 26. Caterpillar has a Lafayette work force of about 1,800. Company spokesman Jim Dugan said in a
prepared statement that demand for the plant's products has fallen in
the past
year, the Journal & Courier reports. Dugan says the company has already
implemented some cost-cutting measures, including "temporary layoffs,
vacation shutdowns,
and a reduction in flexible workforce."
Reuters:
- Merkel challenger Steinbrueck takes aim at ECB low rates policy. Chancellor Angela
Merkel's main challenger in next month's German election criticised ECB
President Mario Draghi's pledge to keep interest rates at record lows
for an extended period, saying the move put savers in an "unspeakable
situation".
In rare criticism of the
independent European Central Bank by a leading German politician, Social
Democrat Peer Steinbrueck said on Tuesday savers faced a creeping
"expropriation" of their money by inflation that is running higher than
interest rates. "That is an
unspeakable situation so I am very sceptical about Mario Draghi's move
to announce such a low interest rate policy - almost a policy of zero
interest rates - for the ECB for the coming years," Steinbrueck told
Reuters in an interview.
- Carlyle profit misses estimates; prospects for U.S. deals poor. Carlyle Group LP on Wednesday
posted a second-quarter profit after a year-ago loss, but it
fell short of Wall Street's expectation that a stock market
rally would benefit the company more, and it struck a gloomy
note on the outlook for private equity deals in the United
States.
- Ralph Lauren sales at its own stores slow; shares fall. Ralph Lauren Corp on Wednesday
reported disappointing quarterly sales at its own stores, raising concerns that it is expanding too quickly, and the fashion company reiterated its forecast for modest growth this
fiscal year. Shares of Ralph Lauren fell 6.1 percent to $177.89 in midday
trading.
Echoing fears that
European policymakers remain in a state of cognitive dissonance –
recognizing the need for root-and-branch overhaul of peripheral banks,
but backtracking on joint liability plans – Christopher Flowers, the
legendary FIG investor who now runs the £2.3 billion ($3.5 billion)
private equity group JC Flowers, sounded the alarm over the negative
sovereign-bank feedback loop.
In a shot across the bows of market bulls, who cite the return of
capital flows to weaker eurozone states, Flowers issued a stark warning:
"There is a scenario where we have a Lehman-type event: we wake up some
Thursday and a big country is in trouble.
"And the ECB will have to decide to support banks x, y, z. And then the
ECB will, in fact, decide to own bank x, y, z.
While we want you to share, we ask you use the functions on-site rather than copy/paste. See T's & C's for details. http://www.euromoney.com/Article/3211790/CurrentIssue/88924/Restructuring-Flowers-slams-Europe-over-inaction.html?copyrightInfo=true
Valor Economico:
- Brazil Govt Sees Possibility for Weak GDP Growth in 3Q. Govt
knows economic activity was weak in July and sees possibility that rate
of recovery seen up to 2Q will slow in 3Q, columnist Claudia Safatle
reported. Anfavea data on vehicle sales and output, released yesterday,
support this expectation.
Kyodo:
- Fukushima Plant Leaking 300 Tons/Day of Toxic Water to Sea. Tokyo
Electric's Fukushima Dai-Ichi nuclear plant is leaking 300 tons of
contaminated water into the ocean per day, citing the industry
ministry's Agency for Natural Resources and Energy.
Style Underperformer:
Sector Underperformers:
- 1) Alt Energy -3.64% 2) Homebuilders -1.82% 3) Retail -1.35%
Stocks Falling on Unusual Volume:
- FSLR, SPWR, CLMT, ENOC, SBGI, WIBC, CTCM, LION, ANIK, SD, GDP, VVUS, ARCC, ZINC, OKS, YRCW, BLT, DWRE, RL, SMP, Z, SPEX, CLH, GPOR, SUSS, NUAN, G, EZCH, VSAT, MDSO, CHRW, INVN, MKTG, ADVS, CAR, IMGN, JCP, PLT, FOSL, STE, LQDT, PDCE, CPM, ALDW, BDBD, RKUS, MRO, TRLA, UAN, SREV and CLH
Stocks With Unusual Put Option Activity:
- 1) ACI 2) IYT 3) LTD 4) UA 5) FSLR
Stocks With Most Negative News Mentions:
- 1) AMCX 2) ANR 3) RL 4) NKE 5) SKYW
Charts:
Style Outperformer:
Sector Outperformers:
- HMOs +.98% 2) Gold & Silver +.78% 3) Steel +.76%
Stocks Rising on Unusual Volume:
- VIP, REXX, MPWR, TRNX, CSTE, SNTS, SAPE, FNSR, WCG, LYV, ARCO, ING and CSC
Stocks With Unusual Call Option Activity:
- 1) SLM 2) DGIT 3) SUNE 4) AOL 5) Z
Stocks With Most Positive News Mentions:
- 1) JAZZ 2) TWX 3) MDLZ 4) WCG 5) EOG
Charts:
Evening Headlines
Bloomberg:
- Covenant-Light
Loans Challenge '07 Europe Record: Credit Markets. The riskiest
European companies are stepping up their borrowings of loans that lack
standard lender protections, with the amount raised this year already
exceeding all of 2012 by more than threefold. Private-equity firms from
BC Partners Ltd. to Cinven Ltd. raised 4.6 billion-euros of
covenant-light loans from non-bank lenders for companies they own in the
region, up from 1.4 billion-euros last year, according to S&P
Capital IQ Leveraged Commentary and Data. The amount is on pace to
challenge the record 7.7 billion euros raised in 2007, before the market
for such financings closed for the next four years. European companies
are taking advantage of demand from the U.S., where record low
interest-rates are encouraging investors to search further afield for
high yields - even in places struggling to emerge from recession. About
70% of the covenant-light loans, which often have no restrictions on a
borrower's ability to load up on debt, were issued in U.S. dollars,
according to Bloomberg.
- Standard Chartered First-Half Net Income Drops 24 Percent.
Standard Chartered Plc (STAN), the U.K. bank that makes about
three-quarters of its earnings from Asia, posted a 24 percent drop in
first-half profit after writing down the value of its Korean business by
$1 billion. Net income fell to $2.18 billion from $2.86 billion a year
earlier, the London-based lender said in a statement yesterday. Revenue rose 6.6 percent as growth in Hong Kong and India mitigated declines in Korea, Singapore and China.
- Japan Drives Asian Stock Drop on Yen as Gas to Gold Slide.
Asian stocks fell, led by Japanese shares, and the yen rallied to a
six-week high on prospects the nation’s central bank will refrain from
adding to stimulus. Natural gas futures extended declines and precious
metals slid. The MSCI Asia Pacific Index decreased 1 percent to
134.35 at 12:15 p.m. in Tokyo, poised for its biggest drop this month.
Japan’s Topix Index sank 1.6 percent.
- Something's Gotta
Give When 15% Loans Sap States: Brazil Credit. States in Brazil are
pressuring Congress to cut interest rates on $202 billion in debt as
they seek money to meet protester demands for better public services, a
move that threatens to strain the nation's budget as borrowing costs
rise. "We are being bled every month," Teotonio Vilela Filho, governor
of the northeastern state of Alagoas, said about proposals to cut rates
on loans including those from the $16.9 billion bailout of states in
1997. "It's a huge burden and we're working so Congress can change
this."
- Copper Declines as U.S. Trade Data Fuels Fed Stimulus Concern. Copper fell as better-than-expected
U.S. trade data fueled concern the Federal Reserve may reduce its bond purchases this year, reducing stimulus from the economy
and weakening demand for base metals. Copper for delivery in three months dropped 0.6 percent to
$6,966.50 a metric ton on the London Metal Exchange at 11:44
a.m. in Tokyo. Futures for delivery in September dropped 0.5
percent to $3.1580 a pound on the Comex in New York.
- Rubber Declines as Yen’s Gains Cut Appeal Ahead of BOJ Meeting. Rubber declined as the strengthening
Japanese currency reduced investor appetite for yen-denominated
contracts for the commodity used in tires. Futures for delivery in January fell as much as 1.6 percent
to 245.9 yen a kilogram ($2,526 a metric ton) on the Tokyo
Commodity Exchange, before trading at 249.8 yen at 11:04 a.m.
local time. Rubber lost 18 percent this year.
- BofA(BAC) Lied to Investors About Mortgage-Bond Risks, U.S. Says. Bank of America
Corp. (BAC:US) was sued by the U.S. for allegedly hiding risks from
investors in a 2008 deal for $850 million of bonds backed by residential
mortgages. Government lawsuits filed today in federal court in
Charlotte, North Carolina, lay out a pattern of intentional acts
by bank officials to disguise the mortgages’ risks in
disclosures to the U.S. Securities and Exchange Commission and
investors. Those accused of fraudulent conduct are identified
only by their positions without any names.
- JPMorgan(JPM) Sued With Goldman Sachs(GS) in Aluminum Antitrust Case. JPMorgan Chase & Co.
(JPM:US), the biggest U.S. bank, was sued with Goldman Sachs Group Inc.
(GS:US) over claims it restrained aluminum supplies and drove up prices. The complaint was filed today in federal court in Tallahassee, Florida, by a Jacksonville direct purchaser, Master
Screens Inc., and by individual plaintiff Daniel Price Bart of
Tallahassee, who is described in the filing as a “purchaser of
beverages sold in aluminum cans.”
- Bats Exchange Trading Restored After One-Hour Shutdown. Bats Global Markets Inc., the fourth-largest U.S. stock exchange operator, shut its main market for
almost an hour today amid a malfunction in its computer systems.
Trading on the Bats BZX Exchange stopped at 1:10 p.m. New York time and
resumed at 2 p.m., according to data compiled by Bloomberg. The issue
was caused by an internal network problem, not a software malfunction,
Randy Williams, a spokesman for Lenexa, Kansas-based Bats, wrote in an
e-mail. “All systems were fully operational for the remainder of the
trading day and
we fully expect them to run smoothly tomorrow,” he said.
Wall Street Journal:
- SEC's Hunt for Crisis-Era Wrongdoing Loses Steam. Hedge Fund Magnetar Won't Face Charges Tied to Mortgages. Securities and Exchange Commission enforcement officials have decided
not to recommend filing civil charges against hedge-fund firm Magnetar
Capital LLC, which teamed up with Wall Street firms to create mortgage
securities that suffered billions of dollars in losses during the
financial crisis, according to people familiar with the situation.
The decision is a sign the SEC's investigations into whether
companies or individuals broke the law with their conduct ahead of the
crisis are running out of gas.
- China Labor Camps Under Fire from State Think Tank. An influential Chinese government-run think tank is the latest to
decry the country’s controversial system of re-education through labor,
with a newly published report describing the system as outdated and in
violation of judicial principles. The Chinese Academy of Social Sciences, in a political development
report published on Monday, said abuses in the system have become
increasingly apparent and had given rise to widespread public
opposition, according to state media reports summarizing CASS’s
findings.
- The Other Targeting Scandal. Democrats lobbied the SEC to limit business political donations. The IRS targeting scandal is best understood as part of a larger effort
to limit the political speech of conservatives and business groups. That
became clearer last week regarding the Federal Election Commission, and
now evidence is spreading to the Securities and Exchange Commission.
Fox News:
- US files charges against Benghazi attack suspects, official says. The Justice Department has filed criminal charges against several
suspects in the Benghazi terror attack, a U.S. official tells Fox News.
The U.S. official confirmed that sealed charges were filed against
suspects in connection with the Sept. 11, 2012, attack. It's unclear
whether they are the same individuals whose images the FBI released to
the public in May. One of the individuals charged is Libyan militia leader Ahmed Khattalah.
- Fort Hood trial turns bizarre as shooter grills witnesses. The trial of the Fort Hood gunman, who is acting as his own attorney,
took a surreal turn as the former Army psychiatrist accused of killing
13 in the November 2009 attack grilled witnesses -- including his former
boss in the military and a fellow Muslim who spoke to him the day of
the shooting. After a short opening statement in which ex-Army Maj.
Nidal Hasan
called himself a "mujahedeen," admitted to the rampage and said "the
dead bodies will show that war is an ugly thing," Hasan cross-examined
prosecution witnesses, including retired Lt. Col Ben Kirk Phillips, his
former boss. When pressed by the defendant, Phillips acknowledged that
his officer evaluation report had graded Hasan as "outstanding." But he
declined to cross-examine one of his shooting victims, Sgt.
Alonzo Lunsford, who provided the day’s most damning testimony.
MarketWatch.com:
Zero Hedge:
Business Insider:
New York Times:
Mediaite.com:
- The Other Benghazi Scandal: Journalists Worry Covering The Attack Threatens White House Access. As the one year anniversary of the deadly attack on an American
consulate in Benghazi approaches, journalists have begun to take another
look into the scandal surrounding the government’s response to that
terrorist event. Last week, CNN aired two striking reports revealing
that the Central Intelligence Agency had a large number of agents on the
ground on the night of the attack and that a suspect in the attack has
never been interviewed by investigators. Following these revelatory
reports, which some in President Barack Obama’s
administration believe represent a political threat, some CNN reporters
now fear for their access to the White House. They are not alone.
USA Today:
- Evidence suggests new bird flu spread among people. New evidence suggests that a specific strain of the bird flu, H7N9, can be spread between humans. Chinese scientists have found the strongest evidence yet that a new
bird flu strain is sometimes able to spread from person to person, but
they are emphasizing that the virus still does not transmit easily. The
new bird flu strain, known as H7N9, was first reported by Chinese
authorities in March. As of the end of May, there were 132 cases and 37
deaths in China and Taiwan linked to the virus.Health officials
suspect patients were most likely infected by birds in live animal
markets but acknowledged there were probably sporadic cases of the virus
spreading among humans.
Reuters:
- Tens of thousands rally to oust Tunisian government. Tens of thousands
of Tunisians crowded the streets of downtown Tunis on Tuesday to demand
the transitional government's ouster, in the largest opposition protest
since the country's political crisis began two weeks ago.
The secular opposition, angered
by two assassinations in its ranks and emboldened by the army-backed
toppling of Egypt's Islamist president, is trying to topple Tunisia's
Islamist-led government and dissolve the Constituent Assembly.
- Japan govt joining efforts to contain Fukushima toxic water. The Japanese government is joining
efforts to contain a buildup of radioactive water at the
crippled Fukushima nuclear plant, as operator Tokyo Electric
Power Co struggles to contain the problem, government
officials said on Wednesday.
- Obamacare months behind in testing IT data security -gov't. The
federal government is months
behind in testing data security for the main pillar of
Obamacare: allowing Americans to buy health insurance on state exchanges
due to open by Oct. 1. The missed deadlines have pushed the
government's decision
on whether information technology security is up to snuff to
exactly one day before that crucial date, the Department of
Health and Human Services' inspector general said in a report. As a result, experts say, the exchanges might open with
security flaws or, possibly but less likely, be delayed.
- First Solar(FSLR) cuts 2013 outlook, buys GE solar technology.
First Solar Inc on Tuesday reported quarterly earnings and revenue well
short of expectations and slashed its outlook for the year due to
construction delays for a large project and a decision to
sell two projects only after they are finished. The company's shares slid 9 percent in extended trade.
Financial Times:
- Fear gauge shows complacency has taken hold. A
strong rally in US stocks has pushed Wall Street’s most widely watched
risk barometer close to multiyear lows in a sign investors are growing
increasingly complacent as equity indices test fresh record highs. The CBOE Vix index, a gauge of the price traders are
prepared to pay to protect against volatility in the US stock market,
has dipped more than 40 per cent since late June and neared
pre-financial crisis levels by the start of the week.
Telegraph:
- 'Rate rises threaten crash in every asset'. The value of almost all investments, including shares, bonds and property,
could fall if investors believe that interest rates are about to return to
normal, a senior fund manager has warned.
People's Daily:
- China to Strictly Control Govt Spending Next Year. People's Daily
reports, citing the Ministry of Finance on budgeting work for next year.
China Securities Journal:
- China 2H Trade Growth May Continue to Slow. China's export and
import growth may continue to slow in 2H as external environment for
trade is "not optimistic," according to a report by State Information
Center, which was published today.
Shanghai Securities News:
- China's Urbanization Not Another 4t Yuan Stimulus. China's
urbanization shouldn't be seen as a new 4 trillion yuan stimulus plan,
citing Qiao Runling, deputy director of the China Center for Urban
Development under National Development and Reform Commission. The core
idea behind urbanization is reform, citing Qiao.
Evening Recommendations
Night Trading
- Asian equity indices are -1.50% to unch. on average.
- Asia Ex-Japan Investment Grade CDS Index 144.0 +2.0 basis points.
- Asia Pacific Sovereign CDS Index 109.5 -.25 basis point.
- NASDAQ 100 futures -.12%.
Morning Preview Links
Earnings of Note
Company/Estimate
Economic Releases
10:30 am EST
- Bloomberg consensus estimates call for a weekly crude oil inventory
decline of -1,500,000 barrels versus a +431,000 barrel gain the prior
week. Gasoline supplies are estimated to fall by -500,000 barrels versus
a +770,000 barrel gain the prior week. Distillate supplies are
estimated unch. versus a -466,000 barrel decline the prior week.
Finally, Refinery Utilization is estimated to fall by -.3% versus a
-1.0% decline the prior week.
3:00 pm EST
- Consumer Credit for June is estimated to fall to $15.0B versus $19.615B in May.
Upcoming Splits
Other Potential Market Movers
- The
Fed's Pianalto speaking, Fed's Plosser speaking, 10Y T-Note auction,
BoE inflation report, weekly MBA mortgage applications report and the
Bloomberg US Economic Survey for August could also impact trading today.
BOTTOM LINE: Asian indices are mostly lower, weighed down by industrial
and technology shares in the region. I expect US stocks to open
mixed and to weaken into the afternoon, finishing modestly lower. The
Portfolio is 25% net long heading into the day.
Broad Equity Market Tone:
- Advance/Decline Line: Substantially Lower
- Sector Performance: Almost Every Sector Declining
- Market Leading Stocks: Underperforming
Equity Investor Angst:
- Volatility(VIX) 12.65 +6.84%
- Euro/Yen Carry Return Index 135.44 -.29%
- Emerging Markets Currency Volatility(VXY) 9.27 -.54%
- S&P 500 Implied Correlation 47.94 +4.51%
- ISE Sentiment Index 123.0 +14.95%
- Total Put/Call .75 -10.71%
Credit Investor Angst:
- North American Investment Grade CDS Index 74.51 +2.37%
- European Financial Sector CDS Index 136.59 +1.71%
- Western Europe Sovereign Debt CDS Index 83.50 +.44%
- Emerging Market CDS Index 308.33 +2.51%
- 2-Year Swap Spread 17.5 -.25 bp
- 3-Month EUR/USD Cross-Currency Basis Swap -8.25 +.5 bp
Economic Gauges:
- 3-Month T-Bill Yield .04% +1 bp
- China Import Iron Ore Spot $131.40/Metric Tonne +.92%
- Citi US Economic Surprise Index 36.70 +17.9 points
- Citi Emerging Markets Economic Surprise Index -27.80 +.2 point
- 10-Year TIPS Spread 2.26 +3 bps
Overseas Futures:
- Nikkei Futures: Indicating -201 open in Japan
- DAX Futures: Indicating -15 open in Germany
Portfolio:
- Slightly Lower: On losses in my retail/biotech sector longs
- Disclosed Trades: Added to my (IWM)/(QQQ) hedges
- Market Exposure: Moved to 25% Net Long
Style Underperformer:
Sector Underperformers:
- 1) Gold & Silver -4.61% 2) Homebuilders -2.43% 3) Construction -2.40%
Stocks Falling on Unusual Volume:
- XCO, HDB, REN, IBM, HES, SEAC, CTCM, EVC, PAMT, AEO, ALLT, JMBA, TREX, PDCE, TRW, EXH, NQ, CKP, ALSN, ALDW, ACM, TDW, RHP, EPM, LINTA, DTLK, USU, AMRI, INDY, ONTX, PRLB, SPR, WTW, ANF, YELP, KAR, AGCO, DBD, PH, PDCE, VSI, ALSN, UNM, THC, RHP, SHLD, SWHC, JCP, REGN, PRA, IPI, MDSO, TITN, ACTV and TREX
Stocks With Unusual Put Option Activity:
- 1) NSM 2) AOL 3) UNG 4) JCP 5) GPS
Stocks With Most Negative News Mentions:
- 1) CHS 2) DISH 3) WFC 4) MDR 5) JCP
Charts:
