Palm, Inc. (NASDAQ:PALM) has been under intense sell pressure since the January 9th, 2010 high was made at $14.17. Since that point, the stock price has fallen to a low today of $6.07. This is just slightly off the 52 week low of $5.85. The 5 week dramatic fall in Palm, Inc. culminated with a warning yest
Many traders and investors will remember the crash on February 27th, 2007. Back then at that time the market declined as the sub prime crisis began to surface and many countries including Iceland had huge exposure to these toxic assets. On that day the SPDR Trust (NYSE:SPY) declined about 5 points, which is equal to [...]
The markets continue to get hammered today with the DOW lower by 1.65%, Nasdaq down 1.40% and the S&P 500 dropping 1.50%. This is all on the back of economic data released over the last three days that has stunned Wall Street. Consumer Confidence shocked, New Home Sales jolted and today, Jobless Claims [...]
Oil (NYSE:USO) is trading near the lows of the day following massive technical selling that was triggered at a break of $35.25. The dump has taken the USO down to the master support region between $34.25 – $33.75. This range will have a high probability of a bounce on oil and should be watched for a [...]
Below is a list of the companies that made news, or had unusually high volume on Friday, January 29, 2010.
Klegg Electronics Inc.
(Public, OTC:KLGG)
We have found no news regarding the massive volume seen today. Many speculators are leaning towards massive promotions and artificial pumps in the stock price. We advice potential current and new investors to [...]
As a Chief Market Strategist at InTheMoneyStocks I study the markets for close to 15 hours a day. Price, pattern and time are my holy book as I recognize master setups and alert my clients to them. Today I bring you a new call. I am giving oil an upside bias for the near term. [...]
What a day in the market! This morning Treasury Secretary Tim Geithner and former Treasury Secretary Hank Paulson will be on the hot seat regarding the bailout of American International Group (NYSE:AIG). The members on Capital Hill are wondering and asking why AIG was bailed out? The perception from many in Washington was that AIG [...]
Goldman Sachs Grp. (NYSE:GS) reported net profits of $8.20 per share on revenue of $9.62 billion. This blew away the earnings per share number which was expected at $5.20, however, missed the revenue number slightly which had been expected at $9.65 billion. When analyzing these numbers, this is just the start.
The key with Goldman [...]
As corporate earnings season is fully underway many of the shining star stocks have sold off after their earnings release. The first major stock to report two weeks ago was Alcoa (NYSE:AA). The stock had an amazing move higher trading at a high print of 17.60 prior to it’s earnings release. Once the earnings were [...]
Below is a ranking of the top 10 U.S.-listed healthcare stocks based on upside potential, calculated as the difference between current price and Wall Street analysts’ average target price.
Ranking | Company (Ticker) | Potential Upside
1 Anesiva, Inc. (NASDAQ:ANSV) 10276.1%
2 La Jolla Pharmaceutical Company (NASDAQ:LJPC) 3645.5%
3 Generex Biotechnology Corporation (NASDAQ:GNBT) 1053.6%
4 Hollis-Eden Pharmaceuticals [...]