http://www.inveslogic.com/popular/articles/daily-market-commentary Daily Market Commentary - Today's Popular Articles at http://www.inveslogic.com en http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383564?rsstype=populararticles&cid=47 US stocks finish mixed, with the blue-chips actually poking into positive territory at the end, even after Sen. Dodd unveiled his much ballyhooed financial-reform bill. DJIA adds 17.46 to 10642.15, S&P 500 adds less than 0.52 to 1150.51, Nasdaq C... Mon, 15 Mar 2010 17:00:39 -0400 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383564?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383565?rsstype=populararticles&cid=47 Dow Industrials, up 17.46 points, or 0.16% to 10642.15.Today s top contributors to the Dow s movement and their point contribution: WMT (11.49), MRK (4.46), MCD (3.02), JNJ (2.95), PG (2.87). Today s laggers and their point contribution: CAT (-... Mon, 15 Mar 2010 16:58:33 -0400 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383565?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383594?rsstype=populararticles&cid=47 Microchip Technology (MCHP) this afternoon raised its guidance for the fiscal fourth quarter ended March 31. The chip company now sees sales up 8% sequentially; previously, MCHP had forecast growth of 3%-7%. Microchip now expects profits for the quar... Mon, 15 Mar 2010 16:47:01 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383594?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383595?rsstype=populararticles&cid=47 Dreamworks Animation (DWA) shares slipped Monday after Janney Capital analyst Tony Wible cut his rating on the stock to Neutral from Buy. Wible cites several reasons for the downgrade, including valuation, the strengthening of the U.S. dollar, 3D ... Mon, 15 Mar 2010 16:23:12 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383595?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383596?rsstype=populararticles&cid=47 A pair of analysts today weighed in with bullish comments on the implications of the $800 million debt offering Sirius XM (SIRI) announced after the close on Friday.BGB Securities analyst Murray Arenson asserted in a research note today that the deal... Mon, 15 Mar 2010 16:05:37 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383596?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383570?rsstype=populararticles&cid=47 Rival medical device makers St. Jude Medical and MedTronic are surging on news that Boston Scientific s announcement that it stopped shipments and is retrieving inventory of all its implantable cardioverter defibrillators, or ICDs.The company ci... Mon, 15 Mar 2010 14:57:51 -0400 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383570?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/trader-feed/1383400?rsstype=populararticles&cid=47 My recent post focused on common mistakes that traders make. I thought I would address the reverse issue and offer five best practices I've noticed among good traders:1) Preparation to start the day and week: Having a clearly formulated strategy... Mon, 15 Mar 2010 14:37:00 -0400 http://www.inveslogic.com/sectors/directory/trader-feed/1383400?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/zacks-equity-research-analyst-blog/1383620?rsstype=populararticles&cid=47 We recently upgraded our recommendation on Kroger Company (KR) to Neutral from Underperform with a target price of $23.00.... Mon, 15 Mar 2010 14:28:03 -0400 http://www.inveslogic.com/sectors/directory/zacks-equity-research-analyst-blog/1383620?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1383417?rsstype=populararticles&cid=47 RadioShack(RSH) is in the news today after Goldman Sachs analyst Matthew Fassler removed the company from Goldman s Conviction List, but still maintains a Buy recommendation. RSH s stock price has moved higher recently on speculation that the com... Mon, 15 Mar 2010 14:18:38 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1383417?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1383419?rsstype=populararticles&cid=47 Gold Gold fell in US trading on Friday from $1,119/oz to $1,098/oz to close with a loss of 0.54% and a loss of nearly 3% for the week. Silver was again more resilient and fell less than 2% last week. Gold has range traded from $1,102/oz to $1,106/... Mon, 15 Mar 2010 14:08:29 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1383419?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1383420?rsstype=populararticles&cid=47 Bespoke's work was used in today's Abreast of the Market column by E.S. Browning in the WSJ titled Rally is a Tale of Wounded Stocks. The gist of the article is that the riskier stocks have outperformed safer names during the most recent rally t... Mon, 15 Mar 2010 14:05:57 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1383420?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383381?rsstype=populararticles&cid=47 Entropic Communications (ENTR) shares are trading higher this morning after Barclays Capital analyst Tim Luke upped his rating on the company to Overweight from Equal Weight, with a new price target of $7, up from $4.50. The company sells chips used ... Mon, 15 Mar 2010 13:31:29 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383381?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383318?rsstype=populararticles&cid=47 With the initial hoopla over Lehman s Repo 105, it s time to get technical on the accounting gimmick Lehman Brothers used to move some $50 billion in assets off its balance sheet.The repo (or repurchase) transactions resulted in the investm... Mon, 15 Mar 2010 13:26:50 -0400 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383318?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1383428?rsstype=populararticles&cid=47 Hedge funds rose slightly in February after falling slightly in January, according to RBC Capital Markets. The investable RBC Hedge 250 Index returned 0.4% last month. Combined with its 0.1% decline from January, the benchmark is up 0.3% on the year.... Mon, 15 Mar 2010 13:19:09 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1383428?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/globe-and-mail-streetwise/1383332?rsstype=populararticles&cid=47 Resurgent markets bring Bombardier back for $1-billion of debt, just a month after a similar sale failed ... Mon, 15 Mar 2010 13:09:00 -0400 http://www.inveslogic.com/sectors/directory/globe-and-mail-streetwise/1383332?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/schaeffers-research/1383340?rsstype=populararticles&cid=47 KLA Tencor (KLAC) was downgraded from perform to underperform at Oppenheimer this morning, pressuring the shares more than 5% lower and sparking a flood of front-month put activity...(Read More)... Mon, 15 Mar 2010 13:01:00 -0400 http://www.inveslogic.com/sectors/directory/schaeffers-research/1383340?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1383187?rsstype=populararticles&cid=47 AYR) hspace= 6 vspace= 6 width= 200 height= 56 / When Aircastle Ltd. (AYR) reported earnings earlier in the month, the headline numbers didn t look all that impressive. The company reported revenue of $135.8 million which was $22 million b... Mon, 15 Mar 2010 12:46:35 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1383187?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/trader-feed/1383401?rsstype=populararticles&cid=47 Here we see an interesting dynamic of recent markets: rising prices in SPY (blue line) have been associated with lower average volume (top chart) and reduced average daily ranges (bottom chart).Coming up to a Fed announcement, we may see further slo... Mon, 15 Mar 2010 12:32:00 -0400 http://www.inveslogic.com/sectors/directory/trader-feed/1383401?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/barrons-stocks-to-watch/1383167?rsstype=populararticles&cid=47 Over the weekend I had the opportunity to put some questions in email to Harvey Pitt, who was head of the Securities & Exchange Commission from 2001 to 2003, regarding the bankruptcy examiner s report on Lehman Brothersreleased last Thursday.Mr. Pi... Mon, 15 Mar 2010 12:25:04 -0400 http://www.inveslogic.com/sectors/directory/barrons-stocks-to-watch/1383167?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1383197?rsstype=populararticles&cid=47 Last Monday we introduced six long and five short focus list ideas generated using the same framework as the Ascendere Long/Short Model Portfolio. These ideas serve as good starting points for in depth research as long-term holdings, but they also... Mon, 15 Mar 2010 11:31:43 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1383197?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1383202?rsstype=populararticles&cid=47 One of the few talking heads on CNBC who actually seems to break it down like it is in unvarnished reality is Institutional Risk Analytics' Chris Whalen. Joining him in this video is the sometimes controversial veteran banking analyst Dick Bove.The ... Mon, 15 Mar 2010 11:18:55 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1383202?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383384?rsstype=populararticles&cid=47 Atheros Communications (ATHR) shares are trading modestly lower after Barclays Capital analyst Romit Shah this morning reduced his rating on the stock to Equal Weight from Overweight. He keeps his $40 target. While the design win pipeline has never... Mon, 15 Mar 2010 11:05:08 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383384?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383385?rsstype=populararticles&cid=47 ARM Holdings (ARMH) shares are trading lower this morning after UBS analyst Gareth Jenkins cut his rating on the chip company s shares to Neutral from Buy. He actually increased his price target to $10.84, from $9.71, to reflect slightly higher EPS... Mon, 15 Mar 2010 11:01:01 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383385?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383387?rsstype=populararticles&cid=47 Piper Jaffray analyst Troy Jensen this morning cut his rating on Riverbed Technology (RVBD) to Neutral from Overweight purely on valuation. He keeps his $28 target on the stock, which closed Friday at $27.90. We anticipate the company will co... Mon, 15 Mar 2010 10:44:09 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383387?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/barrons-stocks-to-watch/1383170?rsstype=populararticles&cid=47 Shares of Illinois Tool Works (ITW), which makes a variety of industrial products including arc welding equipment and automobile assemblies, are off 56 cents, or 1.2%, at $46.07, after the company this morning raised the lower end of its Q1 profit fo... Mon, 15 Mar 2010 10:33:29 -0400 http://www.inveslogic.com/sectors/directory/barrons-stocks-to-watch/1383170?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383389?rsstype=populararticles&cid=47 Oppenheimer analyst Gary Hsueh this morning downgraded his ratings on both KLA-Tencor (KLAC) and Lam Reserarch (LRCX), citing signs of weakness observed on a recent trip through Asia.On KLAC, he goes to Underperform from Perform; on LRCX he goes to P... Mon, 15 Mar 2010 10:32:48 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383389?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/fp-trading-desk/1383405?rsstype=populararticles&cid=47 Enough is enough. After watching its competitive advantage over the supermarkets dwindle in recent months, Wal-Mart Stores Inc. is ready to slash prices in order to win back customers, says new research from Citigroup Capital Markets. WMT s price... Mon, 15 Mar 2010 10:23:00 -0400 http://www.inveslogic.com/sectors/directory/fp-trading-desk/1383405?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/barrons-stocks-to-watch/1383173?rsstype=populararticles&cid=47 Shares of Wal-Mart Stores (WMT) are up 68 cents, or 1.3%, at $54.58 after Citigroup analyst Deborah Weinswig this morning raised her rating on the stock to Buy from Hold, and increased her price target to $65 from $54, arguing the company... Mon, 15 Mar 2010 09:48:25 -0400 http://www.inveslogic.com/sectors/directory/barrons-stocks-to-watch/1383173?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383391?rsstype=populararticles&cid=47 It s Merger Monday.Pegasystems (PEGA) this morning said it agreed to buy Chordiant Software (CHRD) for $5 a share in cash. Pegasystems focuses on business process management software; Chordiant sells CRM software and services. The deal is worth $16... Mon, 15 Mar 2010 09:47:49 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1383391?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383322?rsstype=populararticles&cid=47 Everett DigitalCan improving credit trends tempt investors back into credit card stocks? Or will the shakeout from new regulation keep them on the sidelines? The markets should give us a good sense Monday as fresh data comes in on credit card delinqu... Mon, 15 Mar 2010 09:34:30 -0400 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383322?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/fp-trading-desk/1383407?rsstype=populararticles&cid=47 U.S. equity index futures are slightly lower this morning. S&P 500 futures recovered to down 3 points following release of the March Empire State Manufacturing Index. Consensus was a decline to 21.45 from 24.91 in February. Actual was a less than exp... Mon, 15 Mar 2010 09:16:00 -0400 http://www.inveslogic.com/sectors/directory/fp-trading-desk/1383407?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/fp-trading-desk/1383408?rsstype=populararticles&cid=47 The one victim of gold's sensational run over the last few years has been consumer demand, which has plummeted because of the high prices.But that could change soon, according to UBS analyst Dominic Schnider. He expects jewellery demand to pick up in... Mon, 15 Mar 2010 09:15:00 -0400 http://www.inveslogic.com/sectors/directory/fp-trading-desk/1383408?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/barrons-stocks-to-watch/1383174?rsstype=populararticles&cid=47 Shares of Boston Scientific (BSX) are plunging, down $1.48, or 19%, at $6.30, after a Sanford Bernstein note from Derrick Sung that said that Boston had suspended sales of its implantable cardioverter defibrillators, or ICDs, following a paperwork sn... Mon, 15 Mar 2010 09:14:45 -0400 http://www.inveslogic.com/sectors/directory/barrons-stocks-to-watch/1383174?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/barrons-stocks-to-watch/1383175?rsstype=populararticles&cid=47 Shares of Phillips-Van Heusen (PVH) are up $2.51, or 5.3%, at $50.25 after the company, which owns Calvin Klein, said it will purchase Tommy Hilfiger, whose clothing it already licenses, for $3 billion, or 2.2 billion Euros, in cash and stock, plus t... Mon, 15 Mar 2010 09:04:47 -0400 http://www.inveslogic.com/sectors/directory/barrons-stocks-to-watch/1383175?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/fxstreet/1383220?rsstype=populararticles&cid=47 GBP/USD fell strongly early Europe, as comment on the first post of the day. Technically speaking, 4 hours charts show strong bearish momentum in the pair, with current candle correcting slightly to the upside, yet capped under 20 SMA; first strong r... Mon, 15 Mar 2010 08:11:39 -0400 http://www.inveslogic.com/sectors/directory/fxstreet/1383220?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/gold-stock-blog/1383235?rsstype=populararticles&cid=47 Shrugging off some lingering reminders of the credit crisis and recession, investors last week marked the one-year anniversary of the bear market low by pushing many benchmark equity indices to cycle highs. Wall Street scaled 17-month highs on the... Mon, 15 Mar 2010 03:43:32 -0400 http://www.inveslogic.com/sectors/directory/gold-stock-blog/1383235?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/between-the-hedges/1383079?rsstype=populararticles&cid=47 Weekend HeadlinesBloomberg: Commercial Mortgage Debt Rallies as TALF Ending: Credit Markets. Commercial mortgage-backed bond returns are accelerating as the Federal Reserve ends support for the...[[ This is only a summary. Visit Between the Hedges a... Mon, 15 Mar 2010 00:55:00 -0400 http://www.inveslogic.com/sectors/directory/between-the-hedges/1383079?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/trader-feed/1383037?rsstype=populararticles&cid=47 Last week's indicator review concluded that the path of least resistance was toward the upside and a test of bull highs. That indeed materialized this past week, as the major indexes--as well as the advance-decline lines for most averages--moved to ... Sun, 14 Mar 2010 21:37:00 -0400 http://www.inveslogic.com/sectors/directory/trader-feed/1383037?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/trader-feed/1382957?rsstype=populararticles&cid=47 The top chart shows my proprietary measure of short-term stock market momentum. As a rule, momentum tops ahead of price. While momentum has stayed positive (above 1.0), we're seeing some waning of momentum as SPY (blue line) has marched to new pric... Sun, 14 Mar 2010 15:13:00 -0400 http://www.inveslogic.com/sectors/directory/trader-feed/1382957?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1382962?rsstype=populararticles&cid=47 If Nassim Nicholas Taleb (and others) posit that an outcome once considered extremely rare is increasingly likely, does that mean a certain type of swan has changed its colors? That is, based on the following Bloomberg BusinessWeek report, 'Black Sw... Sun, 14 Mar 2010 14:46:38 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1382962?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1382963?rsstype=populararticles&cid=47 Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to ... Sun, 14 Mar 2010 14:29:29 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1382963?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/247-wall-street/1382688?rsstype=populararticles&cid=47 When was the last time you kept a retailer buyout rumor on a watch list? Or two retailers for that matter? Friday s trading was mixed with two buyout rumors in the retail segment. GameStop Corp. (NYSE: GME) and SuperValu Inc. (NYSE: SVU) both... Sun, 14 Mar 2010 12:25:42 -0400 http://www.inveslogic.com/sectors/directory/247-wall-street/1382688?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/stock-chartist/1383024?rsstype=populararticles&cid=47 Many fundamental analysts look at the economic signs and read them all as pointing to a weak and even weakening recovery. These analysts offer as evidence the standard statistics we've all become acquainted with like negative job growth, high unempl... Sun, 14 Mar 2010 11:58:00 -0400 http://www.inveslogic.com/sectors/directory/stock-chartist/1383024?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1382729?rsstype=populararticles&cid=47 It s one of the most difficult concepts that traditional investors have to grapple with when first discovering the strategy of selling options: When selling puts, the market doesn t necessarily have to go up it just has to NOT go way down. C... Sun, 14 Mar 2010 11:02:00 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1382729?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1382833?rsstype=populararticles&cid=47 At first glance, it seems that Time Warner Cable Inc. (TWC) could be an interesting focus for activist investors like Pershing Square Capital Management LP. Just like Target Corp. (TGT), which Pershing found attractive back in the summer of 2007, Ti... Sun, 14 Mar 2010 10:10:28 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1382833?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1382841?rsstype=populararticles&cid=47 By Brandon MatthewsThe anticipated recovery in the automotive sector may be underway. This is imperative for Sirius XM Radio (Nasdaq:SIRI), as worries over the projected Seasonally Adjusted Annual Rate (SAAR) halted an exceptional run last month over... Sun, 14 Mar 2010 09:34:19 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1382841?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1382845?rsstype=populararticles&cid=47 Symbol Name Trade P/E EPS Yield P/B Pct from Yr Low QCOM QUALCOMM 38.95 3... Sun, 14 Mar 2010 09:25:48 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1382845?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/247-wall-street/1382689?rsstype=populararticles&cid=47 This week we have several issues to watch. Earnings season is mostly done but there are still many on deck in this week s unusual suspects. Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN), Eli Lilly & Co. (NYSE: LLY) and Alkermes, Inc. (NASDAQ: ALK... Sun, 14 Mar 2010 08:41:08 -0400 http://www.inveslogic.com/sectors/directory/247-wall-street/1382689?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1382659?rsstype=populararticles&cid=47 The Chicago Board Options Exchange (CBOE), the first and one of the world's largest options exchanges, filed on Thursday with the SEC to raise up to $300 million in an initial public offering. The exchange, which filed under the name CBOE Hol... Sun, 14 Mar 2010 06:07:37 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1382659?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1382583?rsstype=populararticles&cid=47 Several business indicators released this week by the government show business growth over the last three months. Overall business sales for January 2010 show the third month of YoY increase.... Sun, 14 Mar 2010 05:45:44 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1382583?rsstype=populararticles&cid=47