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Akamai Technologies, Inc. (AKAM) - Head and Shoulders Above the Rest?
Wednesday May 7, 2008SchaeffersResearch

Shares of Akamai Technologies, Inc. (AKAM) have sprung to life today. Check out the weekly chart... Chart Courtesy of Thomson Financial You may remember that Akamai made last week's list of stocks that were leading the PowerShares QQQ Trust (QQQQ). In that post we saw that shares of AKAM ...

Market Headwinds for Stoneridge
Wednesday May 7, 2008Zacks.com: Analyst Blog

Stoneridge, Inc. (SRI) is aggressively cutting costs and benefiting from the growth of the commercial vehicle market. Increased use of electronics in vehicles is also benefiting the company. However, a squeeze between raw materials and prices, along with weak vehicle demand, force us to r...

Molson Coors Taps New 52-Week High on Positive Earnings Surprise
Wednesday May 7, 2008SchaeffersResearch

Molson Coors Brewing Company (TAP: sentiment, chart, options) shares raced to a new annual high earlier today after the company exceeded Wall Street's first-quarter earnings expectations. The company raked in a profit of $37.1 million, or 20 cents per share, on $1.36 billion in ne...

Upgrading Iconix to a Buy
Wednesday May 7, 2008Zacks.com: Analyst Blog

Despite continuing to deliver robust revenue and earnings growth, Iconix Brand Group (ICON) shares have sold-off over 26% year-to-date. The sell-off is due to weak consumer spending coupled with problems in the credit markets, which could prevent Iconix from making additional acquisitions...

Rhode Island Supreme Court Webcast
Wednesday May 7, 2008Todd Sullivan's - ValuePlays

Jane Genova has poster the details on how to tune in the RISC webcast of oral arguments in the the State v Sherwin Williams (SHW) and NL Industries (NL).Follow this link: Disclosure ("none" means no position):Long SHW, none Grab this Headline AnimatorVisit the ValuePlays Bookstore for Great Inve...

Cabela's Valuation Reasonable
Wednesday May 7, 2008Zacks.com: Analyst Blog

Cabelaâ€s Inc. (CAB) reported financial results for its first quarter ended March 29, 2008. Total revenue for the first fiscal quarter of 2008 increased 15.9% to $535.5 million compared to $462.1 million for the first fiscal quarter of 2007. Net income for the first fiscal quarter of 2008...

Expectations are Running High for ValueClick's Earnings
Wednesday May 7, 2008SchaeffersResearch

ValueClick (VCLK: sentiment, chart, options) is scheduled to take its turn in the earnings spotlight after today's closing bell, and option traders are loading up on bullish bets ahead of the event. The International Securities Exchange (ISE) reports that option traders bought 1,7...

Not Quite Nuts for Diamond Foods
Wednesday May 7, 2008Zacks.com: Analyst Blog

Diamond Foods (DMND) is aggressively pursuing strategies to grow sales through increased distribution, strong advertising campaigns, and product innovation. The company's disappointing earnings in fiscal 2006 negatively impacted the stock; however, the stock rebounded from depressed valua...

Energy Stocks Jump, Waking Up Solar Plays! SPX, Nasdaq, HES, CSCO, PCP, APA, PBR, SPWR, FSLR, CSIQ, STP, JASO, TSL, LDK
Wednesday May 7, 2008Wang's Happy Trading Daily Posts

Yesterday in my evening post, I said, “So, what now? Well, the market seemed to have successfully vented after Thursday’s big jump. Tomorrow’s market actions will be very important. If the market finds overall strength, it still has room to extend this rally. VIX bounced off $18 today (as I’...

Suntech Power Holdings Rallies on Bullish Brokerage Initiation
Wednesday May 7, 2008SchaeffersResearch

Suntech Power Holdings (STP: sentiment, chart, options) is more than 6% higher after Jesup & Lamont initiated coverage of the stock with a "buy" rating. Analyst Brian C. Yerger noted that STP is "the clear leader in the Chinese solar group," and added, "We believe a premium valuat...

IndiaMCX Market Updates 7th May 2008
Wednesday May 7, 2008Fingad.com

IndiaMCX Market Updates 7th May 2008 - by IndiaMCXH! Friends, Today's Market is Looking 2 Open in A Mixed-Mode . Metal Sector Specially Base Metals Looking 2 Open in Flat or Negative Zone. Also Today is Crude Oil Weekly Inventory Data is Coming So Lots of Volatility Choppy Move Expected. Gold ...

Wedneday's Upgrades and Downgrades
Wednesday May 7, 2008Todd Sullivan's - ValuePlays

UpgradesComerica (CMA)- FTN Midwest Neutral » Buy Comstock (CRK)- BMO Capital Markets Market Perform » Outperform Advent Software (ADVS)- Needham Buy » Strong Buy Agrium (AGU)- RBC Capital Mkts Sector Perform » Outperform Wachovia (WB)- Stifel Nicolaus Hold » Buy Sprint Nextel...

Merrill's Thain Places Noose Around Neck.
Wednesday May 7, 2008Todd Sullivan's - ValuePlays

Why is he doing it? Back in early April after Merrill Lynch's (MER) CEO John Thain first made the same remarks, I wondered what good he thought they would do considering "no one believes what comes out of a banker's mouth today anyway". Now, he is at it again telling anyone who will listen that...

Comstock Resources, Inc. (CRK) Outperforms the Market but Sees Only Muted Optimism
Wednesday May 7, 2008SchaeffersResearch

Interested in a stock that has handily outperformed the market recently? Interested in a stock that has done so yet is still relatively under-loved on the Street? If so, then check out Comstock Resources, Inc. (CRK). Chart Courtesy of Thomson Financial Shares of this oil- and natural ...

A Continuation of Yesterday...
Tuesday May 6, 2008SchaeffersResearch

We are an hour and a half into the session and here's what I see... Click here for symbol descriptions It would seem the day is picking up where it left off yesterday. We have strength in commodity corner while the rest of the sectors, and the broad market indices, are flat to lower. ...

Chrysler to Cap Gas Prices
Tuesday May 6, 2008SchaeffersResearch

As the per-barrel price of black gold hits a new record high of $121.49 per barrel (according to my MarketWatch alerts), I found an interesting article over on CNN/Money that could take a bit of the sting out of the price at the pump. Yesterday, Chrysler Chairman and Chief Executive Bob Nardelli ...

Let's play corn!
Tuesday May 6, 2008zenoizen

Corn Products International (NYSE:CPO) has been doing very well since early April, closely related to the price of corn. It's really a shame that some people think that food makes a good fuel, and that so many are rioting around the world just for a crust of bread.Maybe we can make some money spec...

The! Biggest! News! of! the! Day! - Not Fannie Mae, Molson Coors, DivX Inc, Anadarko Petroleum, or Joy Global Inc
Tuesday May 6, 2008SchaeffersResearch

Here are some of the contenders for today's biggest...news...of...the...day... Disappointing news from Fannie Mae (FNM)... A look into why the "bottom didn't fall out of" Yahoo's (YHOO) shares... Better-than-expected earnings from Molson Coors Brewing Co (TAP)... Upbeat commen...

UBS (UBS) Reports Earnings, Job Cuts, and a $15-Billion Deal
Tuesday May 6, 2008SchaeffersResearch

Swiss banking giant UBS (UBS: sentiment, chart, options) this morning reported a first-quarter loss of 11.54 Swiss francs ($10.99 billion), compared to a year-ago profit of 3.03 billion francs. The earnings, which included $19 billion in write-downs, were largely in line with e...

Fannie Mae (FNM) Reports Steeper-than-Expected Loss
Tuesday May 6, 2008SchaeffersResearch

Mortgage mogul Fannie Mae (FNM: sentiment, chart, options) stepped into the earnings confessional this morning, reporting a first-quarter loss of $2.2 billion, or $2.57 per share; analysts, on average, predicted a loss of 81 cents per share. The company blamed the wider-than-expe...

Bonus Trade Review: Calendar Spreads - Plus, The Importance of Risk Management
Tuesday May 6, 2008Condor Options

With the continuation yesterday of Friday’s market weakness, the last of our April 3 calendar-spread bonus trades hit its minimum profit target. Here’s a summary of the three positions: EEM May/June 140 - Reached 20% profit on April 15, less than two weeks into the trade. XLE May/June...

Option Skews - DryShips Inc, ValueClick, LDK Solar Co Ltd, Alpha Natural Resources, Dendreon, Bare Escentuals
Tuesday May 6, 2008SchaeffersResearch

Companies seeing a skew towards puts in the previous session: PowerShares QQQ Trust (QQQQ), SPDR Trust Series I (SPY), Countrywide Financial (CFC), Cisco Systems (CSCO), Lehman Brothers (LEH), Fannie Mae (FNM), SanDisk Corp. (SNDK), Dendreon (DNDN), CVS Corp. (CVS), Lamar Advertising (LAMR), T...

Stocks Showing Unusually Heavy Volume - Yahoo! Inc, Countrywide Financial Corp, Marvel Entertainment, Hain Celestial
Tuesday May 6, 2008SchaeffersResearch

Here are the results for today's unusual stock volume scan. The scan looks at the previous day's volume and compares it to the recent average volume. It then sorts the stocks based on those that showed the biggest increase (the "unusual" part) in volume. Companies included in today's scan...

Futures Signal a Lower Open
Tuesday May 6, 2008SchaeffersResearch

Good morning everyone - welcome to Tuesday. We start the day with stock futures showing a moderate downside bias. The S&Ps are 7 points below fair value. Gold is up 5.00 to 879.10. Copyright Schaeffer's Investment Research http://www.schaeffersresearch.com

LSTR: Is Landstar Getting Too Much Attention?
Tuesday May 6, 2008Stock Market Beat

It was all fun and games when WallStrip and AlphaTrends jumped on the Landstar bandwagon. Now that the company is profiled in BusinessWeek I’m getting a little worried. Landstar: Trucking Ahead We think Landstar System (LSTR; recent price, 53), a non-asset-based transportation company, has ...

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