After some good earnings, but lower guidance for Q4, the stock took a deep dive into the $140 range. The rebound is suprising in its strength, but resistance in the $165 level will cap this run. Watch for a test of support in the next two to three trading sessions.
The banking sector seems to be leading the market like a nose ring on a bull. The following list of the most active banking stocks should be on your watch list as an indicator for what to expect. When we see this group start trading sideways and consolidating, we will know the bottom is in […]
TWTI - Third Wave Technologies Inc (TWTI message board) hit +25% today on news about its HPV clinical trial. The stock is making a new 52wk high after gapping up this morning.
Third Wave Technologies Inc. (NASDAQ: TWTI) today announced that the company achieved all primary clinical endpoints in […]
Ciena (CIEN message board) came in with revenue above estimates, in this down market, any brightspot is sure to attract the daytraders. CIEN hit $29.04 in early trading before settling back, the stock has been in trading below $30 for the last 2 months, this news might be what it needs to get back over […]
Where is the money going these days? There are many ways to find good stocks to buy, but often, simply following the money is the easiest way.
The following stocks have made new short term highs, which is a good starting point for further research:
GPS - GAP INC
NOVL - Novell, Inc.
GLD - streetTRACKS Gold ETF
OVTI - […]
GOOG has dropped to a new 52wk low, this much more attractive entry here at $450 than the $700 level two months ago. (GOOG message board)
AAPL has also being subjected to some selling pressure, now at $116, a far more attractive price then the $200 two months ago. While this may not be the bottom, […]
CRME - Cardiome Pharma (CRME message board) is up 30% as investors await the FDA decision on their Kynapid drug which restores normal heart rhythem in patients with arterial fibrillation.
Big action for TTWO today +40% on news that it may be acquired for $26/share in an all cash deal worth $2B.
More at the TTWO message board at HSM.
CUBA the stock, and possibly Cuba the country.
CUBA:NASDAQ is a closed-end fund managed by HERZFELD/CUBA a division of Thomas J. Herzfeld Advisors, Inc. (based in Miami). The Fund seeks long-term capital appreciation. To achieve its objective the Fund invests in issuers that are likely, in the Advisor’s view, to benefit from economic, political, structural and […]
Lots of eyes on ETFC as it sits on the $5 support/resistance level. A move over $5.50 would bring in a the technical traders looking for a break out. Support at $4.50 at the moment. For more discussion ETFC visit the HSM message boards.
