TOP NEWS
MARKET CURRENTS
-
1:00 PM On the hour: Dow +0.32%. 10-yr +0.13%. Euro +0.24% vs. dollar. Crude -0.37% to $96.57. Gold -0.57% to $1376.25. Comment!
-
12:59 PM Five of 2013's biggest tech high-flyers - SolarCity (SCTY -10.1%), Himax (HIMX -6%), UniPixel (UNXL -9.1%), SunPower (SPWR -5.2%), and Ubiquiti (UBNT -4.4%), are seeing heavy losses today. Netflix (NFLX -0.9%), another big 2013 winner, is down moderately. Is this a sign tech momentum investors are looking to take some cash off the table? YTD gains: SCTY +287%. HIMX +200%. UNXL +72%. SPWR +282%. UBNT +56%. NFLX +156%. Comment! [Tech, On the Move]
-
12:58 PM The Fed should continue with QE, says St. Louis Fed chief Bullard, as the reaction in financial markets (stocks higher?) proves the purchases have been effective. He says the program should be adjusted (higher or lower) based on incoming economic data. He tosses out negative interest rates as a possible policy (why not), but suggests the effects of such a move would be minor. 1 Comment [U.S. Economy]
-
12:51 PM Netflix (NFLX -1.5%) could pass all cable networks and perhaps even a major network this summer in terms of hours watched per month as the streaming service launches Arrested Development just as the traditional network season winds down. The feat is fairly impressive when it's considered that the service is only 28M homes - compared to the +100M penetration of cable networks. Q1 scorecard of viewer hours/month (via BTIG): CBS 3.3B; ABC 2.6B; NBC 2.3B; Fox 1.9B; Disney Channel 1.3B; Netflix 1.2B. Comment! [Consumer]
-
12:47 PM Energy infrastructure largely escapes damage from yesterday's tornado that ripped through Oklahoma, though a Southern Star natural gas pipeline reports some damage. Valero (VLO) and Phillips 66 (PSX) say their refineries escaped damage, Enterprise Products Partners (EPD) reports no damage to its Seaway pipeline, and operations at the Cushing crude hub are unaffected. Comment! [Energy]
-
12:47 PM Midday top 10 gainers: SDBT +75%. LEDS +26%. PTIX +25%. FXEN +25%. BDL +23%. YGE +20%. SCOK +18%. PEIX +18%. JRCC +15%. CCIH +14%.
Midday top 10 Losers: IEC -21%. BVX -15%. EFUT -15%. HGG -13%. UNXL -11%. SCTY -10%. BORN -10%. RSOL -9%. HNP -9%. IGTE -9%. Comment! [On the Move]
-
12:46 PM Web.com (WWWW -5.9%) is selling off. A possible culprit: director Anton Levy recently disclosed the sale of 2M shares. Levy is a managing director at P-E firm General Atlantic, which sold Network Solutions to Web.com in 2011. Comment! [Tech, On the Move]
-
12:45 PM IEC Electronics (IEC -21.7%) plunges after receiving a delisting notice from the NYSE. The company reported "estimated" financial results for Q2 Monday, but said it did not meet the SEC's extended deadline for filing is 10-Q. Earlier this month, the company said it would restate its FY12 financial statements. Today's losses bring the two slide to -32%. Comment! [Tech, On the Move]
-
12:43 PM Another driver for the run in U.S. solar stocks today is a big move in Chinese solar stocks overnight, particularly Hareon Solar Technology, which jumped to its 10% daily limit on speculation that the U.S. and China are seeking to resolve a dispute over trade in solar-energy equipment that could lead to soaring tariffs: JA Solar (JASO +5%), China Sunergy (CSUN +5.2%), Ascent Solar (ASTI +32%), Spire (SPIR +9.6%), Trina Solar (TSL +10.3%), Hanwha Solarone (HSOL +11.5%), Suntech Power (STP +20.5%), ReneSola (SOL +8.1%), LDK Solar (LDK +10.3%). Comment! [Global & FX, On the Move, Tech, U.S. Economy]
-
12:38 PM Oil States (OIS -0.6%) is downgraded to Neutral from Buy at Sterne Agee after shares jump 30% since Jana Partners disclosed its big stake and suggested turning its worker accommodations business into a REIT. Indeed, OIS shares could be worth $130-$145 with such a change, the firm says, but investors buying shares now are betting on exactly that; Sterne says it isn't yet willing to handicap the potential. Comment! [Energy, Quick Ideas]
STOCKTALKS
Sign in to view StockTalks by people you follow
TOP ARTICLES1:05 PM ET TUESDAY MAY 21
PORTFOLIO
| Symbol | Alerts | Price | Chg | % Chg |
|---|
Latest Portfolio Headlines
More on this portfolio:
Day Watch |
Alerts |
Holdings |
Performance |
Momentum |
Valuation |
Profitability |
Dividends |
Debt |
Ownership
LATEST ARTICLES
- Can IBM Save OpenStack? by Dana Blankenhorn • Comment!
- Why Public Companies Should Have Public Tax Returns by Felix Salmon • Comment!
- Fast-Growing Tidewater Blows Through Estimates Again by Bret Jensen • Comment!
- China Continues To Cut Out The Middle Man - The Dollar by AlphaVN Research • Comment!
- Hewlett Packard Earnings Preview: Q2 2013 by Selerity Research • Comment!
- The Dollar Is Going Up by Pater Tenebrarum • Comment!
- Insiders And Funds Are Bullish On These 3 Small Cap Healthcare Stocks by Kapitall • Comment!
- Redefining Yield With Cambria Shareholder Yield ETF by Ron Rowland • Comment!
- Bull Of The Day: Heartware by Zacks Investment Research • Comment!
- Cisco Surges On Solid Revenue Growth by Valuentum • 1 Comment
ALPHA-RICH IDEAS
- Ryland: 2 Major Reasons Why This Homebuilder Is At Least 30% Overvalued by Money Investor • 3 Comments
- hhgregg: Gravity Will Return After A 175% Run Over The Last 6 Months by Money Investor • 13 Comments
- The Hard Money Has Been Made In Imperial Holdings by Whopper Investments • 8 Comments
- AdCare Tender Offer Looks Improbable by Benjamin Mackovak • 5 Comments
- CST Brands: Valero's Spin-Off Is Currently Undervalued And Under-Earning by Daniel Phillips • 18 Comments
- TeraGo: The Cheapest Communications Cash Cow You've Never Heard Of by Cash Man • 46 Comments
- POSCO: Sustainable Competitive Advantages, Significant Margin Of Safety And Catalysts For 150% Upside by ROIC1 • 9 Comments
- LCA-Vision: The Case For Calculated Optimism by Thomas Finser • 6 Comments
- American Greetings Waiting To Greet A Higher Bid by Whopper Investments • 13 Comments
- Fidelity National Financial: 33% Of The Title Insurance Market At The Cusp Of A Housing Recovery by Intangible Valuation • 6 Comments
MACRO VIEW
- China Continues To Cut Out The Middle Man - The Dollar by AlphaVN Research • Comment!
- The Dollar Is Going Up by Pater Tenebrarum • Comment!
- A Long Way Down For Financial CDS by Bespoke Investment Group • Comment!
- Corn: Farmers Are In The Fields ... Where From Here? by Matthew Bradbard • Comment!
- Stock Market Not Ready To Handle Tapering Truth by Patrick J. O'Hare • Comment!
- Is A Force Majeure Of The Comex Paper Market Really Just A Tinfoil Hat Theory? by Russ Winter • 8 Comments
DIVIDENDS & INCOME
- Rockwell Collins Inc: Fundamental Stock Research Analysis by F.A.S.T. Graphs • 1 Comment
- A Closer Look At Suburban Propane Partners' Distributable Cash Flow by Ron Hiram • 1 Comment
- Newcastle Investment Spins Off New Residential To Profit From Housing Recovery by Tim Plaehn • 6 Comments
- DC Plan Sponsors Should Look Further Than Their Own Backyard by AllianceBernstein • Comment!
- 8.7% Dividend Payer Linn Energy Was Dissed At Ira Sohn - Is There Reason To Worry? by David White • 16 Comments
- Annaly: Overreaction To Fedspeak Could Be A Buying Opportunity by Regarded Solutions • 7 Comments
ETFs & PORTFOLIO STRATEGY
- Redefining Yield With Cambria Shareholder Yield ETF by Ron Rowland • Comment!
- 'Sell In May': A Data Analytics Perspective by Jon Haghayeghi • 2 Comments
- Research Review: Risk Management And Asset Allocation by James Picerno • Comment!
- Low Volatility Investing In 2013 by Ploutos • 6 Comments
- Nobel Laureate Thomas Sargent On Risk, Ambiguity, And Investment Decision-Making by CFA Institute Contributors • 1 Comment
- Your Portfolio Can Be All American by Tim McAleenan Jr. • 10 Comments
INVESTING IDEAS
- Insiders And Funds Are Bullish On These 3 Small Cap Healthcare Stocks by Kapitall • Comment!
- Bull Of The Day: Heartware by Zacks Investment Research • Comment!
- Cisco Surges On Solid Revenue Growth by Valuentum • 1 Comment
- MagicJack, Never Short A Shark by Tufenk • Comment!
- Henry Schein, A Treasure For Long-Term Investors by Long Term Hunter • Comment!
- Autobytel: An Auto Recovery Play With Low Valuation, High Free Cash Flow And Growth by Microcap Bargin Hunter • Comment!