- BP($29.20, -15.8%, -$5.4775)
- BP could capture nearly 15,900 barrels (667,800 gallons/2.53 million liters) for the 24-hour period of today, but they have alot of catching up to do.
- U.S. government scientists have estimated the leak to range from 12,000 barrels (504,000 gallons/1.9 million liters) to 19,000 barrels (798,000 gallons/3 million liters) a day, with one estimate as high as 25,000 barrels (1.05 million gallons/3.97 million liters) a day.
- Talks of PTR 107.8 buying BP are in the air.
- Short, and looking for that to continue even though after hours it got a 30c raise, but could have a major rebound, watching to see which way this one goes, Long strength at $29 today.
- Long at 8, but if it gaps higher I'd short it, major support and owners at 8.
- Short the pop/high level, which is upper 19's.
- Long, been trending up should continue, $45short, $43short, anything under I'd long, should be steady uptrend continue.
- Long at 12, Short at 12.5, keep eye though could continue uptrend all day based on dividend buyers and holders, so I'm more long than short would love push through 12.5.
- Long, but this pop may have been so large that it could be a better short.
- Long, if market cooperates this should get a nice run up. Long 29.5, Short 31.00.
- Early pop, short around 15, or this Long news could keep it rolling, I say short the pop.
- Short, this pop isn't gonna hold, look to short at 44.5-45.
- 22.78 to 23.34 after hours range
- Long, should have nice uptrend all day. entry around 23 area.
- Long, this may not get a pop tomorrow, but should move upward steadily for few days.
- Long, up pop, not alot of volume.
- The company's healthy results also helped other suppliers of optical equipment for telecommunications networks. JDS Uniphase Corp. (JDSU:$10.29,00$0.06,000.59%) gained almost 6%, Corning Inc. (GLW:$17.29,00$0.24,001.41%) added 3.5%.
- If market permits, I expect a nice pop upwards. Long 13.75, Short 15+ for CIEN, the others could follow in the footsteps.
- 6.63 to 6.37 down
- Beautiful Short, early short down to 6.15 area, watch for support, cover areas are also good long areas.
- APA - Short the pop, Long the dips.
- ME - mixed, watch for a bit then see if its long or short, leaning towards short.
- Long, but initially it will be a short pop, think that will happen fast, then long it. Long, 21.55, Short 22. Maybe short, people don't like hearing layoffs.
- Long YHOO to me they are a 15+ stock. Long at 14 area
- Long, but not alotta volume. Like the company if you have some cash you want to swing with, I'd suggest this one.
- Depending on the terms of settlement could be long PALM or HPQ.
- Watch, blown up from earnings, possible short.
- Watch, low from earnings, possibly long.
- Kind of follows the dow, Long.
-NYSE down 36.41 (0.6%) to 6,559.71
-DJIA down 40.7 (0.4%) to 9,899
-S&P 500 down 6.3 (0.6%) to 1,056
-Nasdaq down 11.7 (0.5%) to 2,159
Nikkei down 1%
Hang Seng up 0.7%
FTSE-100 up 0.5%
(+) SNIC upgraded.
(+) BIDU initiated at Buy rating.
(+) JPM inks China JV.
(+) POT upgraded.
(+) TTIL sold for $3 per share.
(+) TSL inks supply pact.
(+) TTWO continues evening gain that followed upbeat results.
(+) TXN continues evening gain that followed raised outlook.
(+) PIP gets positive government decision on anthrax vaccine.
(+) CIEN misses with revenue, guides in line.
(-) TEVA lower after choppy day followed upgrade.
(-) BP continues to make new 52-week lows as Gulf of Mexico spill issues remain.
(-) NOK down as Reuters report says company could issue profit warning.
(-) CHTP says FDA requests study delay, asks for more detail.
(-) HGSI reports on phase 2 trial of multiple myeloma treatment.
Stocks end lower. Wall Street saw today's early rally fade, feeling the tug of energy shares, a renewed drop for the euro, and general disappointment in a Federal Reserve Beige Book report that revealed continued very modest growth and some concern among bankers for European debt spillover.
Earlier, Fed Chief Ben Bernanke continued his upbeat tour this week, suggesting that any contagion from Europe in the U.S. would be minimal. Reports of upbeat Chinese export data offered early global market support.
Bernanke told a House budget panel that any fallout from Europe's debt trouble would likely have only a modest impact on U.S. economic growth, so long as financial markets continue to heal. He also said that international efforts will continue to help support financial stability. Bernanke already fed a market recovery with upbeat growth comments in an interview late Monday.
Stocks also pared gains absent fresh encouraging news in the latest Beige Book report.
The U.S. economy continued to grow modestly all across the nation in the past two months, the Federal Reserve reported Wednesday.
Some bankers interviewed for the report were concerned about the impact of the European debt crisis on U.S. financial and business conditions.
Market is up and down and more volatile, but it seems its in correlation with the Euro, so keep an eye on the Euro and what it is doing to help you determine if you want to go long or short on a specific stock, it shouldn't be your number 1 factor, but should be factored into the equation.
- U.S. stocks finished lower on Wednesday as Wall Street reversed course late in the session, as it has done each day this week. "We have an indecisive marketplace. We have changed direction every day for the last three days at 3 p.m.," said Art Hogan, chief market strategist at Jefferies & Co. "The only other major catalyst was the euro dipped below the psychological $1.20 level," Hogan said. The Dow Jones Industrial Average fell 40.73 points to 9,899.25. The S&P 500 Index declined 6.35 points to 1,055.65. The Nasdaq Composite Index was off 11.72 points at 2,158.85.