Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Wednesday, December 31, 2008
Stocks Finish Near Session Highs, Boosted by REIT, Financial, Commodity, Gaming, Construction, Transport and Hospital Shares
Market Summary
Top 20 Biz Stories
Today’s Movers
Market Performance Summary
WSJ Data Center
Sector Performance
ETF Performance
Style Performance
Commodity Movers
Market Wrap CNBC Video(bottom right)
S&P 500 Gallery View
Timely Economic Charts
GuruFocus.com
PM Market Call
After-hours Commentary
After-hours Movers
After-hours Real-Time Stock Bid/Ask
After-hours Stock Quote
After-hours Stock Chart
In Play
Stocks Surging into Final Hour on Less Financial Sector Pessimism, Short-Covering, Bargain-Hunting and Seasonal Strength
Today's Headlines
Bloomberg:
- Yields on Fannie Mae, Freddie Mac and Ginnie Mae mortgage bonds declined to record lows after the Federal Reserve announced plans to buy $500 billion of the securities faster than expected. Yields on Washington-based Fannie’s current-coupon 30-year fixed-rate mortgage bonds declined 1 basis point, or .01 percentage point, to 3.81 as of 10:45 am in NY, according to Bloomberg. The difference between the yields on the bonds and 10-year Treasuries narrowed 8 basis points to 164 basis points.
Wall Street Journal:
- Buyout Shops Swoop In for a Feast on the Cheap.
CNBC.com:
- These Airline Stocks Will Soar: Strategist.
ChannelWeb:
Seeking Alpha:
- Google(GOOG): A Gorilla Not to Be Missed.
The Detroit News:
The Boston Globe:
MarketingVOX:
VentureBeat:
- Local yogurt store tells blogger that Steve Jobs is “in great health.”
denverpost.com:
- Solar-panel incentives lure customers.
USA Today:
Barron’s:
ClimateBiz:
Interfax:
- China will issue third-generation phone licenses tonight, citing an official at a telecom equipment supplier.
- Toshiba Corp. plans to increase sales of liquid-crystal-display televisions by at least 43% in fiscal 2009. The company plans to increase its global market share to 10% from about 6% currently, by March 2011.
Bear Radar
Style Underperformer:
Large-cap Value (+1.01%)
Sector Underperformers:
Tobacco (-.77%), HMOs (-.74%) and Insurance (+.53%)
Stocks Falling on Unusual Volume:
DOW
Stocks With Unusual Put Option Activity:
1) AKAM 2) CDNS 3) ELN 4) KMP 5) MHK
Bull Radar
Style Outperformer:
Small-cap Growth (+2.17%)
Sector Outperformers:
Construction (+2.87%), Disk Drives (+2.35%) and I-Banks (+2.05%)
Stocks Rising on Unusual Volume:
WAG, EZCH, TWGP, NWPX, CERN, DRYS, SBNY, SNDA, VLCCF, ATAC, FLIR, NNDS, FSTR, INDB, IAT, RFG, PSD, FEU, DBV, ICB, OI, VIG, DSV, JKG, NY, IWW, STC and GNI
Stocks With Unusual Call Option Activity:
1) NTAP 2) FNF 3) IR 4) HOG 5) NFLX
Links of Interest
Market Performance Summary
Style Performance
Sector Performance
WSJ Data Center
Top 20 Biz Stories
IBD Breaking News
Movers & Shakers
Upgrades/Downgrades
In Play
Exchange Volume vs. Average
NYSE Unusual Volume
NASDAQ Unusual Volume
Hot Spots
Option Dragon
NASDAQ 100 Heatmap
DJIA Quick Charts
Chart Toppers
Real-Time Intraday Quote/Chart
Dow Jones Hedge Fund Indexes