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Market News

Location American Market News for 3 May 2013

What Spring Swoon?

Wall Street Journal - 3 May 2013 18:50
The Dow's rise shows investors have taken a stout-hearted stance on a slow-growing economy.
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Buffett Investors Arrive in Good Spirits

Wall Street Journal - 3 May 2013 22:16
As Berkshire Hathaway investors descend on Omaha for the annual meeting, they have cause for good spirits: the company's shares are up 33% since last year's event.
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(Kitco News) - After two weeks of gains following the sharpest drop in gold prices since 1980, the yellow metal could see prices consolidate and perhaps probe slightly lower levels next week as the market looks for direc...
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Analyst Favorites With Strong Buyback Activity: Best Buy Ranks As a Top Pick A study of analyst recommendations at the major brokerages shows that Best Buy Inc (NYSE: BBY) is the #104 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make...
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Shelter Yourself In Consumer Staples With Food, Clothing And Stellar Returns Remember the Apple maps fiasco? It released a less than perfect app that sent the media into a frenzy and gave Google maps a real or perceived edge.
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American Capital Agency Shares Cross Below 200 DMA In trading on Friday, shares of American Capital Agency Corp (NASD: AGNC) crossed below their 200 day moving average of $32.68, changing hands as low as $30.70 per share. American Capital Agency Corp shares are currently...
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Analyst Favorites of the Metals Titans: Newmont Mining Ranks As a Top Pick A study of analyst recommendations at the major brokerages shows that Newmont Mining Corp. (NYSE: NEM) is the #21 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans In...
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LSI Corp Achieves #199 Analyst Rank, Surpassing Helmerich & Payne In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, LSI Corp (NASD: LSI) has taken over the #199 spot from Helmerich & Payne, Inc. (NYSE: HP), according to ETF Cha...
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Biogen Idec Achieves #169 Analyst Rank, Surpassing United Parcel Service In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Biogen Idec Inc (NASD: BIIB) has taken over the #169 spot from United Parcel Service Inc (NYSE: UPS), according...
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Stocks At Record Highs As S&P 500 Breaks 1,600 Barrier And Dow Tops 15,000 On April Jobs Report Stocks were on fire after a better than expected April jobs report on Friday. Closing off the week, the S&P 500 rose to a new record high breaking the 1,600 barrier for the first time, while the Dow clocked in triple dig...
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NRG Energy Takes Over #19 Spot From Schlumberger In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, NRG Energy Inc (NYSE: NRG) has taken over the #19 spot from Schlumberger Ltd. (NYSE: SLB), according to ETF Cha...
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Schlumberger Takes Over #17 Spot From Anadarko Petroleum Corp In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Schlumberger Ltd. (NYSE: SLB) has taken over the #17 spot from Anadarko Petroleum Corp (NYSE: APC), according t...
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See How Bank of America Ranks Among Analysts' Top Dow 30 Picks A study of analyst recommendations at the major brokerages shows that Bank of America Corp. (NYSE: BAC) is the #24 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ET...
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The Beginning Of The End Of Too-Big-To-Fail TBTF stands for too-big-to-fail, which refers to the de-facto reality that mega-universal banks are so large and systemically important that they will never be allowed to fail. But, there's a new TBTF in town, and by tow...
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Raymond James Financial Shares Cross Below 200 DMA In trading on Friday, shares of Raymond James Financial Incorporated (NYSE: RJF) crossed below their 200 day moving average of $39.82, changing hands as low as $39.31 per share. Raymond James Financial Incorporated share...
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Top Buys by Directors: Kellner's $137.4K Bet on BA The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
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Tompkins Financial Corp Named Top Dividend Stock With Insider Buying and 3.77% Yield In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and dir...
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MYE Makes Bullish Cross Above Critical Moving Average In trading on Friday, shares of Myers Industries Inc. (NYSE: MYE) crossed above their 200 day moving average of $14.85, changing hands as high as $14.97 per share. Myers Industries Inc. shares are currently trading up ab...
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EWY Crosses Above Key Moving Average Level

Forbes - 3 May 2013 17:07
EWY Crosses Above Key Moving Average Level In trading on Friday, shares of the iShares MSCI South Korea Capped Index Fund ETF (AMEX: EWY) crossed above their 200 day moving average of $58.71, changing hands as high as $58.78 per share. iShares MSCI South Korea Ca...
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EWC Makes Bullish Cross Above Critical Moving Average In trading on Friday, shares of the iShares MSCI Canada Index Fund ETF (AMEX: EWC) crossed above their 200 day moving average of $28.07, changing hands as high as $28.21 per share. iShares MSCI Canada Index Fund shares a...
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XSD, FSLR, RFMD, TQNT: ETF Outflow Alert

Forbes - 3 May 2013 17:05
XSD, FSLR, RFMD, TQNT: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P Semiconductor ETF (AMEX: XSD) where we have detected an approximate $19.8 million...
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SMH, ARMH, ASML, BRCM: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (AMEX: SMH) where we have detected an approximate $22.4 million dollar o...
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