Archive for August 19th, 2008

Comerica Inc (CMA) $27.99 -4.50%

Posted on August 19th, 2008 7:06 pm

by fredruffy in All Stocks, Banks, Mid Cap Stocks

Comerica (CMA, news, chart) puts saw heavy trading Tuesday. 44,000 contracts traded, compared to just 1,191 call options. The stock fell $1.32 to $27.99 amid a broad sell-off in the financial sector. One butterfly spread (register to read more …)

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Goldman Cuts Estimates on Banks and Brokers

Posted on August 19th, 2008 6:46 pm

by admin in Uncategorized

Goldman Sachs Lowers Estimates for Lehman and Others

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Abitibibowater Inc (ABH) $7.00 -6.91%

Posted on August 19th, 2008 6:25 pm

by fredruffy in All Stocks, Basic Resources, Small Cap Stocks

AbitibiBowater (ABH, news, chart) saw bullish order flow Tuesday (say that five times fast). The stock fell 52 cents to $7.00 and is 81.3 percent below a 52-week high set in October 2007. Now, it (register to read more …)

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CBOE Volatility Index (.VIX) $21.44 +2.19%

Posted on August 19th, 2008 3:52 pm

by fredruffy in All Indexes

The CBOE Volatility Index (.VIX) is little changed despite further fallout in the financials and another day of losses for the major averages. With ten minutes left to trade, the Select Sector Financials (XLF) are down 6.4 percent on the (register to read more …)

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Wolverine World Wide (WWW) $26.26 -1.76%

Posted on August 19th, 2008 3:40 pm

by hschwartz in All Stocks, Personal & Household Goods, Small Cap Stocks

Options on shoe maker Wolverine World Wide (WWW, news, chart) trade very thinly, averaging fewer than 35 contracts per day, but today marks an exception as a large seller hit the Dec 22.5 puts, (register to read more …)

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AMD Slips As Intel Unveils New Chip

Posted on August 19th, 2008 3:25 pm

by fredruffy in Uncategorized

Shares of Advanced Micro Under Pressure as Rival Intel Prepares to Show Off New Computer Chip

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Lehman Brothers Holdings Inc (LEH) $13.17 -12.38%

Posted on August 19th, 2008 3:19 pm

by fredruffy in All Stocks, Financial Services, Mid Cap Stocks

Lehman Brothers (LEH, news, chart) continues to take a beating on write-down fears. JP Morgan analysts said today that the investment firm’s exposure to (register to read more …)

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Hewlett Packard Co (HPQ) $43.36 -2.78%

Posted on August 19th, 2008 2:49 pm

by fredruffy in All Stocks, Large Cap Stocks, Technology Hardware & Equipment

Hewlett Packard (HPQ, news, chart) is trading down $1.22 to $43.38 and not far from session lows ($43.35) ahead of earnings news. In the options market, sentiment is mixed. Total volume is running three (register to read more …)

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PepsiCo Inc (PEP) $70.30 +0.70%

Posted on August 19th, 2008 2:05 pm

by fredruffy in All Stocks, Food & Beverage, Large Cap Stocks

Pepsico (PEP, news, chart) is seeing three times its normal trading volume on covered call writing. The stock is up 50 cents to $70.31 and 24,000 PEP calls have traded, compared to 6,300 puts. (register to read more …)

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