Monday, November 02, 2015

Morning Market Internals

Posted by Gary .....at 11:57 AM
NYSE Composite Index:
0 comments

Sunday, November 01, 2015

Monday Watch

Posted by Gary .....at 11:02 PM
Today's Headlines
Bloomberg:
  • China Slide Toward Debt-Deflation Trap Needs 5-Year Plan Fix. As China’s Communist Party leaders began rolling out a blueprint last week to manage a transition to more balanced growth over the next five years, they confront the immediate task of halting the economy’s slide toward a debt-deflation trap. The central bank stepped up efforts last month to avert that risk with a sixth interest-rate cut in a year. While easier policy helps tide over the short term, a long-term fix needs leaders to back reforms in the 13th five-year plan that slash excess industrial capacity, rev up new growth drivers and shift funding away from deadbeat state companies to vibrant private ones. China’s total outstanding borrowing has surged by two-thirds since 2008 to 208 percent of gross domestic product, producer prices have slumped for 43 consecutive months and the consumer price index began a downward trajectory in the middle of last year. The risk is a vicious downward spiral that traps companies as their assets lose value at the same time as real financing costs rise, forcing them to borrow more to stay afloat in a cascading downward plunge.
  • China’s Official Factory Gauge Shows Contraction Continues. China’s first key indicator this quarter, an official factory gauge, missed analysts’ estimates, signaling that the manufacturing sector has yet to bottom out as global demand falters and deflationary pressures deepen. The official purchasing managers index was unchanged at 49.8 in October, the National Bureau of Statistics said Sunday, compared with the median estimate of 50 in a Bloomberg survey. Numbers below 50 indicate contraction. “The manufacturing sector is still contracting, though stabilizing," and the report indicates economic momentum remains sluggish, said Liu Ligang, chief Greater China economist at Australia & New Zealand Banking Group Ltd. in Hong Kong.  
  • Hidili Says Not in Position to Pay Bonds as China Defaults Mount. China faces another test in its credit markets this week after a coal firm signaled it may default on its dollar debt. Hidili Industry International Development Ltd. is not in a position to repay $190.6 million of principal and interest due Nov. 4. on its 8.625 percent notes, it said in a statement Friday. The mining company based in the southwest province of Sichuan has defaulted on some of its 6 billion yuan ($947 million) of loans, it said. Hidili has hired UBS Group AG to advise on bond restructuring, according to the filing. "Given the poor macro backdrop, we are seeing more distress with companies in overcapacity industries," said Liu Dongliang, a senior analyst at China Merchants Bank Co. in Shenzhen. "Defaults, especially in the private sector, will only become more common.”
  • China Steps Up Market Reforms Amid Record Capital Outflows. China is signaling that it’s not letting record outflows this year deter capital-market reforms. The central bank said Friday that it will consider a trial program in the Shanghai free trade zone, allowing residents to buy overseas assets directly and opening up yuan-denominated bonds to trading by foreign companies. Other initiatives include permitting Chinese firms to trade derivatives and establishing securities joint-ventures with international companies. The measures were announced in the face of an unprecedented exodus from China following a surprise devaluation in August and a two-month long stock market rout. Investors pulled $194 billion from the country in September, extending this year’s outflow to $669 billion, according to data compiled by Bloomberg.
  • Shanghai Police Said to Raid Office of Hedge Fund Zexi in Probe. Shanghai police raided hedge fund Zexi Investment on Sunday, taking away computers and other materials, according to a person familiar with the matter, in the latest attempt by Chinese authorities to crack down on strategies blamed for exacerbating a $5 trillion stock-market rout.
  • Kuroda Sows Doubts Among Some BOJ Watchers He Will Ease Again. After twice this year putting off his inflation target yet declining to step up monetary stimulus, Bank of Japan Governor Haruhiko Kuroda has discouraged some analysts from thinking he’ll ever boost policy again. Forty-four percent of economists surveyed by Bloomberg had expected a move by Kuroda at the Oct. 30 meeting, with a further 22 percent projecting action sometime between December and April. With policy unchanged even as the central bank cut forecasts for growth and prices, some observers are now struggling to determine what it would take for the governor to pull the trigger for more asset purchases. “The possibility of further easing is highly unpredictable,” said Kyohei Morita, the chief Japan economist for Barclays Plc. “The BOJ has become something I don’t really understand,” said Morita, who’s been analyzing the Japanese economy for more than two decades. 
  • Merkel Faces Biggest Challenge in Syrians Unwilling to Integrate. Mariam isn’t the kind of Syrian refugee Angela Merkel might have been expecting. After a trek from Turkey with her three children to reunite with her husband in Berlin, the 23-year-old in her long black coat and cream headscarf wants to leave the city she thought would be a “paradise” and return to a Muslim country. “I don’t want roots here, I don’t want to learn German or to integrate,” she said in Arabic, as she endured the rain on an October morning, asking not to be identified by her full name after escaping the violence at home. “I won’t need to, anyway, because I’m here only until the war in Syria is over.” Many Syrians like Mariam at a Berlin refugee center spoke similarly of Germany as a temporary pit stop rather than a completely new life. While only a snapshot, it’s one that could presage the next chapter in the crisis engulfing Europe’s largest economy, with many newcomers resisting learning German and assimilation. Doing so would raise the risk of parallel societies emerging and add to voters’ concerns as Chancellor Angela Merkel faces the biggest threat yet to her chancellorship.
  • Bonds Send Same Ominous Signs No Matter Where in World You Look. Ask any bond trader in Tokyo, London or New York what their view on the global economy is, and you’re likely to get a similar, decidedly downbeat answer. That’s not just because fixed-income types are a dour bunch at the best of times. A quick scan across government debt markets suggests that investors are pricing in the likelihood that growth and inflation around the world will remain tepid for years to come.
  • China Stocks Drop for Second Day as Manufacturing Extends Slump. Chinese stocks fell for a second day, led by commodity producers, after an official factory gauge contracted for a third month. The Shanghai Composite Index dropped 0.5 percent to 3,364.91 at 10:01 a.m., as three stocks slid for each one that gained. Tongling Nonferrous Metals Group Co., the nation’s second-largest copper smelter, slumped 3.3 percent, while Yanzhou Coal Mining Co. lost 1.9 percent.
  • Swelling Iron Ore Stockpiles in China May Signal More Losses. Iron ore stockpiled at ports in China posted the longest run of gains this year, and Australia & New Zealand Banking Group Ltd. predicts holdings will probably expand further, hurting prices that have dropped below $50 a metric ton. The inventories climbed 1 percent to 84.75 million tons last week to the highest level since May, according to Shanghai Steelhome Information Technology Co. The gain was the third straight increase, the longest run of rises since November.
  • Charlie Munger Isn't Done Bashing Valeant(VRX). Charles Munger saw it coming, and now he’s shaking his head. Months before Valeant Pharmaceuticals International Inc. tumbled under attack from short sellers, Munger told investors in Los Angeles the company reminded him of the excesses of the 1960s conglomerate craze. “I’m holding my nose,” Warren Buffett’s longtime business partner said. Turns out, those remarks were just the start of his concerns.
Wall Street Journal:
  • Iran’s Khamenei Warns Countries Against Dictating Syria’s Political Future. Supreme leader also rejects direct talks with the U.S. on regional issues. Iranian Supreme Leader Ayatollah Ali Khamenei on Sunday warned against foreign countries dictating Syria’s political future and rejected direct talks with the U.S. on regional issues following recent negotiations to end the long-running Syrian civil war.
  • The Slow-Motion Implosion of ObamaCare. I see firsthand in my company why not enough people are signing up and premiums are rising. Health and Human Services Secretary Sylvia Burwell announced recently that she expects 10 million people to be enrolled in health-care coverage through ObamaCare’s exchanges by the end of next year. What she didn’t mention was that in March of last year the Congressional Budget Office predicted that 21 million people would be enrolled in 2016—more than double the new estimate.
CNBC:
  • Macau gaming revenue falls for 17th straight month. Gambling revenue in the Chinese territory of Macau fell 28.4 percent in October from the same period a year earlier, marking the 17th consecutive month of decline, as wealthy clients continued to stay away from China's only legal casino hub. VIP gamblers, which account for about half of revenue, have been staying away from Macau, deterred by a campaign by China's central government against conspicuous spending by public officials, which in turn is part of a wider investigation into unauthorised outflows of money from the mainland.
  • A Mass Migration Crisis, and It May Yet Get Worse. They arrived in an unceasing stream, 10,000 a day at the height, as many as a million migrants heading for Europe this year, pushing infants in strollers and elderly parents in wheelchairs, carrying children on their shoulders and life savings in their socks. They came in search of a new life, but in many ways they were the heralds of a new age.
Zero Hedge:
Business Insider:
  • DISTRESSED INVESTOR: 'We're getting closer'. There's a growing sense on Wall Street that markets are close to the top. That's bad news for some investors, but for a certain breed of investor — those that look to make money from assets that are in distress — these are exciting times.
  • 3 dead, 4 injured when car plows into NYC trick-or-treaters. A street full of trick-or-treaters turned into a Halloween horror scene when an out-of-control car jumped a curb and careened into a group of costumed revelers, killing three people, including a 10-year-old girl and her grandfather.
Reuters:
  • Commodity currencies off to a shaky start on China worry. Commodity currencies slipped on Monday in the wake of disappointing Chinese data and were notable movers in a 'risk off' start to a week packed with crucial economic news. An official survey on Sunday showed activity in China's manufacturing sector unexpectedly contracted in October for a third month, fuelling fears the economy may still be losing momentum despite a raft of stimulus measures. The Australian  dollar slid as far as $0.7105, from around $0.7138 late in New York on Friday, while its New Zealand peer dipped to $0.6732, turning around from Friday's peak near 68 U.S. cents.
Financial Times:
  • Oil market slides out of control. A combination of technological progress, in the shape of the spectacular success of US shale oil production over the past five years, worries about the slowdown in China and other emerging economies, and a shift in strategy by Saudi Arabia, the world’s largest oil exporter, has caused a global glut of oil that sent prices tumbling by more than 50 per cent.
FAS:
  • Merkel Expects 1 Million Refugees in Germany This Year. German Chancellor Angela Merkel corrects earlier govt estimate that 800,000 refugees will come to Germany this year, citing people briefed on meeting of European leaders on Oct. 25.
Night Trading
  • Asian indices are -1.25% to +.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 131.0 +.25 basis point.
  • Asia Pacific Sovereign CDS Index 72.25 -2.25 basis points.
  • Bloomberg Emerging Markets Currency Index 72.02 unch.  
  • S&P 500 futures -.36%.
  • NASDAQ 100 futures -.32%.

Earnings of Note
Company/Estimate 
  • (CAH)/1.10
  • (CLX)/1.18
  • (DO)/.60
  • (D)/1.05
  • (EL)/.70
  • (KBR)/.28
  • (L)/.59
  • (V)/.63
  • (SYY)/.51
  • (ALL)/1.30
  • (AIG)/1.01
  • (CAR)/2.00
  • (MIC)/.36
  • (SANM)/.54
  • (THC)/.28
  • (VNO)/1.30
Economic Releases 
9:45 am EST
  • Final October Markit US Manufacturing PMI is estimated at 54.0 versus a prior estimate of 54.0.
10:00 am EST
  • Construction Spending for September is estimated to rise +.5% versus a +.7% gain in August.
  • ISM Manufacturing for October is estimated to fall to 50.0 versus 50.2 in September.
  • ISM Prices Paid for October is estimated to rise to 38.8 versus 38.0 in September.
Upcoming Splits
  • (GPN) 2-for-1
Other Potential Market Movers
  • The Fed's Yellen meeting with US Treasury/Banking Officials, Eurozone Manufacturing PMI, UK Manufacturing PMI and the Australia central bank decision could also impact trading today.
BOTTOM LINE: Asian indices are mostly lower, weighed down by industrial and commodity shares in the region. I expect US stocks to open modestly lower and to maintain losses into the afternoon. The Portfolio is 25% net long heading into the week.

0 comments

Weekly Outlook

Posted by Gary .....at 5:15 PM
Week Ahead by Bloomberg. 
Wall St. Week Ahead by Reuters.
Weekly Economic Calendar by Briefing.com.

BOTTOM LINE: I expect US stocks to finish the week modestly lower on China bubble-bursting fears, global growth worries, commodity weakness, earnings outlook concerns, technical selling and rising European/Emerging Markets/US High-Yield debt angst. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 25% net long heading into the week.
0 comments

Saturday, October 31, 2015

Today's Headlines

Posted by Gary .....at 5:03 PM
Bloomberg: 

  • Fed's Updated Model of Economy Suggests It's Time to Raise Rates. The Federal Reserve Board released an updated version of its large-scale model on the U.S. economy that may hold clues into why policy makers pivoted at their meeting earlier this week toward a December interest-rate increase. The revised inputs and calculations on Friday suggest the economy will use up resource slack by the first quarter of 2016, according to an analysis by Barclays Plc, and that also indicates Fed staff lowered their near-term estimate for how fast the economy can grow without producing inflation -- a concept known as potential growth. “The output gap appears closed,” said Michael Gapen, chief U.S. economist at Barclays’s investment-banking unit in New York. “This means further progress would lead to resource scarcity and potential upward pressure on inflation in the medium term.” Gapen said that may explain why U.S. central bankers signaled this week that they will consider the first interest-rate increase since 2006 at their next meeting, on Dec. 15-16.
  • Orban Accuses Soros of Stoking Refugee Wave to Weaken Europe. Hungarian Prime Minister Viktor Orban accused billionaire investor George Soros of being a prominent member of a circle of "activists" trying to undermine European nations by supporting refugees heading to the continent from the Middle East and beyond. "His name is perhaps the strongest example of those who support anything that weakens nation states, they support everything that changes the traditional European lifestyle," Orban said in an interview on public radio Kossuth. "These activists who support immigrants inadvertently become part of this international human-smuggling network." 
  • Puerto Rican Govt Could Run Out of Cash Nov. 15, Report Says. The Puerto Rican government could run out of cash as soon as Nov. 15, forcing it to order a partial shutdown or reduce working hours for public employees, the island’s budget director told a local newspaper. Luis Cruz Batista, executive director of the Office of Management and Budget, said the government is monitoring cash flow and has $150 million in reserves to fund essential services, including schools, police and health care, even if other agencies are reduced or temporarily shuttered.
  • Bearish Gas Bets Surge to Record in Ugliest October Since 2008. Hedge funds raised bearish bets on U.S. natural gas to an all-time high just before prices capped their worst performance for the month of October since 2008 on the outlook for record stockpiles. Money managers increased their net-short position in gas contracts by 2.4 percent to 155,589 in the week ended Oct. 27, according to the U.S. Commodity Futures Trading Commission. Long-only bets declined for the fifth consecutive week. Gas futures that have historically rallied in October ahead of the winter heating season instead slid 8 percent on forecasts for mild weather and an expanding supply glut.
  • U.S. Banks to Face $120 Billion Shortfall in Fed Crisis Plan. The largest U.S. banks would face a $120 billion total shortfall of long-term debt under a Federal Reserve proposal aimed at ensuring their failure wouldn’t hurt the broader financial system. Banks such as Wells Fargo & Co. and JPMorgan Chase & Co. will be required to hold enough debt that could be converted into equity if they were to falter, according to a Fed rule that was approved by a unanimous vote on Friday. The Fed’s proposal, which applies to eight of the biggest U.S. banks, requires debt and a capital cushion equal to at least 16 percent of risk-weighted assets by 2019 and 18 percent by 2022. “Big banks have issued a lot of debt under current rates that, when re-issued to comply with TLAC and meet market demands, will cost considerably more,” Petrou said. The Fed has kept interest rates near zero since 2008, though Fed officials have indicated they may raise rates in December.
  • FDA Says Chinese Pfizer(PFE) Plant Hid Failures, Used Old Ingredients. A Pfizer Inc. plant in China that was being inspected by Food and Drug Administration regulators in order to ship drugs to the U.S. kept a second set of quality and manufacturing records that didn’t match official ones, according to an FDA review of the facility. During an April inspection of Pfizer’s plant in the northern Chinese city of Dalian, FDA inspectors said in their report that employees hid quality failures, used expired manufacturing materials or ones that hadn’t been recently checked, and retested failing products until they passed. 
  • Valeant Hits 2-Year Low as Ackman Ignored; Citron Plans Report. (video) Valeant Pharmaceuticals International Inc. tumbled to a two-year low, closing out its worst month ever, after billionaire shareholder William Ackman failed to persuade investors the stock was undervalued and short-seller Citron Research hinted at fresh allegations of wrongdoing.
  • Paul Singer Backs Marco Rubio. Billionaire rejects last-minute pleas by Jeb Bush campaign to hold off his decision. Marco Rubio's highly-touted debate performance on Wednesday has already yielded significant a tangible benefit: The Republican presidential candidate has snagged the support of mega-donor Paul Singer, in a move that will be widely seen in the political world as a blow to struggling rival Jeb Bush.
Wall Street Journal:
  • Russian Plane Crashes in Egypt’s Sinai Peninsula Killing 224 People. Kogalymavia flight was en route to St. Petersburg from Sharm El Sheikh. A Russian passenger jet crashed in Egypt’s Sinai Peninsula, killing all 224 people on board, after losing contact with aviation authorities on Saturday. Egyptian officials said the Airbus A321 jetliner, which was operated by Russian carrier Kogalymavia, was flying to St. Petersburg from Sharm El Sheikh, a resort town popular with Russian tourists, when it disappeared from radar screens.
Zero Hedge:
Business Insider:
  • Report: CNBC producers were told to move on after disastrous debate. After a broadly criticized Republican presidential debate the night before, CNBC staffers were told on Thursday to move on from coverage of event, according to a report Friday from a competing news channel. In a post-mortem from CNN media reporter Brian Stelter, unnamed CNBC staffers said they were "shell shocked" after the debate, which caught nearly universal ire for the moderators' lack of preparedness and "bias." 
Il Sole 24 Ore:
  • Draghi: 'Open Question' Whether Further Stimulus Is Necessary. ECB President Mario Draghi says further stimulus still an "open question," according to interview.
0 comments

Friday, October 30, 2015

Market Week in Review

Posted by Gary .....at 7:29 PM
  • S&P 500 2,079.36 +.2%*
photo iom_zpsywjqq3b0.png
The Weekly Wrap by Briefing.com.

*5-Day Change
0 comments

Weekly Scoreboard*

Posted by Gary .....at 7:20 PM
Indices
  • S&P 500 2,079.36 +.2%
  • DJIA 17,663.54 +.1%
  • NASDAQ 5,053.75 +.44%
  • Russell 2000 1,161.86 -.36%
  • S&P 500 High Beta 31.39 unch.
  • Goldman 50 Most Shorted 108.99 -2.83% 
  • Wilshire 5000 21,504.97 +.2%
  • Russell 1000 Growth 1,015.38 +.75%
  • Russell 1000 Value 987.06 -.29%
  • S&P 500 Consumer Staples 512.23 -1.65%
  • Solactive US Cyclical 128.0 -.58%
  • Morgan Stanley Technology 1,100.23 +.25%
  • Transports 8,128.07 -2.02%
  • Utilities 580.50 -2.34%
  • Bloomberg European Bank/Financial Services 104.08 -2.72%
  • MSCI Emerging Markets 35.89 +.1%
  • HFRX Equity Hedge 1,166.10 +1.17%
  • HFRX Equity Market Neutral 1,042.98 +.75%
Sentiment/Internals
  • NYSE Cumulative A/D Line 233,530 -.41%
  • Bloomberg New Highs-Lows Index -94.0 -235
  • Bloomberg Crude Oil % Bulls 55.0 unch.
  • CFTC Oil Net Speculative Position 236,575 -5.80%
  • CFTC Oil Total Open Interest 1,676,033 +3.87%
  • Total Put/Call .91 +18.18%
  • OEX Put/Call 7.12 +849.33%
  • ISE Sentiment 101.0 -7.34%
  • NYSE Arms 1.42 +46.39%
  • Volatility(VIX) 15.07 +4.22%
  • S&P 500 Implied Correlation 58.58 -2.25%
  • G7 Currency Volatility (VXY) 9.37 -4.49%
  • Emerging Markets Currency Volatility (EM-VXY) 10.81 -.55%
  • Smart Money Flow Index 17,870.67 +.72%
  • ICI Money Mkt Mutual Fund Assets $2.717 Trillion +.68%
  • ICI US Equity Weekly Net New Cash Flow -$.070 Billion
  • AAII % Bulls 40.4 +16.2%
  • AAII % Bears 20.6 -14.3%
Futures Spot Prices
  • CRB Index 195 .61 +.98%
  • Crude Oil 46.59 +4.46%
  • Reformulated Gasoline 137.16 +5.80%
  • Natural Gas 2.32 +1.53%
  • Heating Oil 151.67 +4.28%
  • Gold 1,141.40 -1.84%
  • Bloomberg Base Metals Index 143.64 -3.36%
  • Copper 231.75 -1.38%
  • US No. 1 Heavy Melt Scrap Steel 152.33 USD/Ton unch.
  • China Iron Ore Spot 49.83 USD/Ton -3.47%
  • Lumber 251.50 -3.64%
  • UBS-Bloomberg Agriculture 1,067.53 +.86%
Economy
  • ECRI Weekly Leading Economic Index Growth Rate -2.8% -10.0 basis points
  • Philly Fed ADS Real-Time Business Conditions Index -.1908 +6.88%
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 125.52 +.19%
  • Citi US Economic Surprise Index -12.7 -12.6 points
  • Citi Eurozone Economic Surprise Index 32.7 +10.5 points
  • Citi Emerging Markets Economic Surprise Index -10.5 +2.9 points
  • Fed Fund Futures imply 50.0% chance of no change, 50.0% chance of 25 basis point hike on 12/16
  • # of Months to 1st Fed Rate Hike(Morgan Stanley) 4.07 -39.07%
  • US Dollar Index 97.0 -.08%
  • Euro/Yen Carry Return Index 138.64 -.88%
  • Yield Curve 142.0 -3.0 basis points
  • 10-Year US Treasury Yield 2.15% +7.0 basis points
  • Federal Reserve's Balance Sheet $4.451 Trillion -.27%
  • U.S. Sovereign Debt Credit Default Swap 24.0 unch.
  • Illinois Municipal Debt Credit Default Swap 265.0 -.66%
  • Western Europe Sovereign Debt Credit Default Swap Index 19.05 +1.22%
  • Asia Pacific Sovereign Debt Credit Default Swap Index 72.47 +1.73%
  • Emerging Markets Sovereign Debt CDS Index 159.55 -4.22%
  • Israel Sovereign Debt Credit Default Swap 74.84 +1.91%
  • Iraq Sovereign Debt Credit Default Swap 799.60 -3.11%
  • Russia Sovereign Debt Credit Default Swap 276.70 -5.81%
  • iBoxx Offshore RMB China Corporates High Yield Index 122.65 +.53%
  • 10-Year TIPS Spread 1.53% +1.0 basis point
  • TED Spread 26.5 -5.75 basis points
  • 2-Year Swap Spread 11.25 -1.25 basis points
  • 3-Month EUR/USD Cross-Currency Basis Swap -29.25 unch.
  • N. America Investment Grade Credit Default Swap Index 78.47 -.95%
  • America Energy Sector High-Yield Credit Default Swap Index 1,130.0 +5.14%
  • European Financial Sector Credit Default Swap Index 69.47 +.61%
  • Emerging Markets Credit Default Swap Index 325.05 +.13%
  • CMBS AAA Super Senior 10-Year Treasury Spread  to Swaps 126.50 unch.
  • M1 Money Supply $3.003 Trillion -.44%
  • Commercial Paper Outstanding 1,056.20 -.6%
  • 4-Week Moving Average of Jobless Claims 259,250 -4,000
  • Continuing Claims Unemployment Rate 1.6% unch.
  • Average 30-Year Mortgage Rate 3.76% -3.0 basis points
  • Weekly Mortgage Applications 417.40 -3.54%
  • Bloomberg Consumer Comfort 42.80 -.9 point
  • Weekly Retail Sales +1.30% +10.0 basis points
  • Nationwide Gas $2.18/gallon -.04/gallon
  • Baltic Dry Index 728.0 -5.94%
  • China (Export) Containerized Freight Index 744.44 -1.03%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 27.50 -26.67%
  • Rail Freight Carloads 268,621 -2.37%
Best Performing Style
  • Large-Cap Growth +.9%
Worst Performing Style
  • Small-Cap Value -1.2%
Leading Sectors
  • Biotech +3.9%
  • Hospitals +3.5%
  • Gaming +3.4%
  • HMOs +3.1%
  • Medical Equipment +2.6%
Lagging Sectors
  • Homebuilders -3.6% 
  • Road & Rail -5.4%
  • Education -6.9%
  • Gold & Silver -8.0%
  • Coal -29.8%
Weekly High-Volume Stock Gainers (34)
  • LOCK, RVNC, PNY, TREE, HSII, NTGR, MCRI, ABAX, NHTC, PBY, DMND, GIMO, ATHN, GNRC, INT, JBT, ABCB, LMAT, VCRA, HOT, ROCK, INVN, QSII, QDEL, SAH, ELLI, FBC, BAH, ECHO, IPGP, FDP, PFSI, LOPE and TPX
Weekly High-Volume Stock Losers (49)
  • FEIC, WBA, MD, LHO, WMK, PLCE, RUBI, CRUS, VFC, GHL, WEX, TMUS, CARB, RDN, CTS, NYCB, DORM, VECO, MSTR, HTLD, PGTI, DECK, LQ, BWLD, SAVE, EVER, CPLA, AKAM, YRCW, PLXS, TILE, SRCL, IBP, GNC, ADUS, MMSI, GRUB, FTNT, FSL, HURN, FCN, EROS, KODK, RCII, SKX, SAIA, STRP, P and RRTS
Weekly Charts
ETFs
Stocks
*5-Day Change
0 comments
Subscribe to: Posts (Atom)