Spyder ETF declines before NYSE opening bell.
European Indexes are in negative side
SPY (intraday chart) downtrend at extended hours. Resistance: 170.00 , Support: 168.00
Pre-market NYSE/NASDAQ:
Gapping up:
• Metals/mining stocks trading higher: NOR +6.1%, HMY +2.9%, MT +2.6%, AU +2%, SLW +1.7%, PAAS +1.6%, HL +1.6%, SLV +1.6%, AEM +1.3%, GLD +1.1%, ABX +1%.
• Other news: PLX +5.4% ( announces positive Phase I clinical trial results for Oral GCD in Gaucher disease patients), FU +2.8% (move attributed to positive mention by Jim Rogers in Barron's interview; HOLI also mentioned positively), NFLX +1.9% (Netflix in discussions with Comcast (CMCSA) and other cable cos to make service available through set top boxes, according to reports), KLIC +1.1% (Kulicke & Soffa ticking higher following positive Barron's mention), MNKD +1% ( resubmits new drug application to U.S. FDA for AFREZZA for the treatment of adults with diabetes), TEF +0.3% (Telefonica S.A. modestly higher on reports that the co is selling its Czech phone stake), TD +0.2% (Toronto-Dominion Bank considering bid for RBS's US retail banking business for GBP 8 bln, according to reports ).
• Analyst comments: MT +1.9% (upgraded to Outperform from Neutral at Macquarie), AMD +1.6% (upgraded to Outperform from Neutral at Wedbush), THOR +1.3% (upgraded to Buy from Neutral at Goldman), CTCM +0.9% (upgraded to Buy from Hold at Deutsche Bank)
Gapping down:
• In reaction to disappointing earnings/guidance: SPN -4.3% (ticking lower).
• Select solar stocks trading lower: SOL -4.3%, STP -4.1% (provides updates on GSF assets in Brindisi, Italy), SPWR -3.4%, YGE -2.7%, TSL -2.6%, CY -2.5%, GLNG -2.3%, FSLR -0.9%, .
• Select China internet related names showing early weakness: RENN -3.7%, QIHU -2.2%, BIDU -1.9%, YOKU -1.9%, SINA -1.2%, .
• Other news: TSLA -2.1% (still checking), TTM -1.6% (reports out indicate Sept sales decline), TEVA -1.6% ( trading lower on reports of Union strike), PBPB -1.5% (Potbelly modestly lower on cautious Barron's mention), SAP -1.2% (still checking), FB -0.9% (plans to acquire mobile analytics startup Onavo, according to reports), AIG -0.9% (still checking), AAPL -0.6% (Apple and Samsung may be developing 12 inch size tablets, according to reports).
• Analyst comments: ERIC -3.2% (downgraded to Underweight from Equal Weight at Barclays ), EXPE -2.8% (downgraded to Hold from Buy at Deutsche Bank), RBS -2% (Royal Bank of Scotland downgraded to Underperform from Neutral at BofA/Merrill ), DEO -1.2% (downgraded to Sell from Hold at Investec), COH -0.7% (downgraded to Hold at Canaccord Genuity), DEG -0.6% (downgraded to Underperform from Hold at Jefferies )
Trading Ideas NYSE & NASDAQ:
• SPN – short below 24.00
• EXPE – short below 50.00
European Indexes are in negative side
SPY (intraday chart) downtrend at extended hours. Resistance: 170.00 , Support: 168.00
Pre-market NYSE/NASDAQ:
Gapping up:
• Metals/mining stocks trading higher: NOR +6.1%, HMY +2.9%, MT +2.6%, AU +2%, SLW +1.7%, PAAS +1.6%, HL +1.6%, SLV +1.6%, AEM +1.3%, GLD +1.1%, ABX +1%.
• Other news: PLX +5.4% ( announces positive Phase I clinical trial results for Oral GCD in Gaucher disease patients), FU +2.8% (move attributed to positive mention by Jim Rogers in Barron's interview; HOLI also mentioned positively), NFLX +1.9% (Netflix in discussions with Comcast (CMCSA) and other cable cos to make service available through set top boxes, according to reports), KLIC +1.1% (Kulicke & Soffa ticking higher following positive Barron's mention), MNKD +1% ( resubmits new drug application to U.S. FDA for AFREZZA for the treatment of adults with diabetes), TEF +0.3% (Telefonica S.A. modestly higher on reports that the co is selling its Czech phone stake), TD +0.2% (Toronto-Dominion Bank considering bid for RBS's US retail banking business for GBP 8 bln, according to reports ).
• Analyst comments: MT +1.9% (upgraded to Outperform from Neutral at Macquarie), AMD +1.6% (upgraded to Outperform from Neutral at Wedbush), THOR +1.3% (upgraded to Buy from Neutral at Goldman), CTCM +0.9% (upgraded to Buy from Hold at Deutsche Bank)
Gapping down:
• In reaction to disappointing earnings/guidance: SPN -4.3% (ticking lower).
• Select solar stocks trading lower: SOL -4.3%, STP -4.1% (provides updates on GSF assets in Brindisi, Italy), SPWR -3.4%, YGE -2.7%, TSL -2.6%, CY -2.5%, GLNG -2.3%, FSLR -0.9%, .
• Select China internet related names showing early weakness: RENN -3.7%, QIHU -2.2%, BIDU -1.9%, YOKU -1.9%, SINA -1.2%, .
• Other news: TSLA -2.1% (still checking), TTM -1.6% (reports out indicate Sept sales decline), TEVA -1.6% ( trading lower on reports of Union strike), PBPB -1.5% (Potbelly modestly lower on cautious Barron's mention), SAP -1.2% (still checking), FB -0.9% (plans to acquire mobile analytics startup Onavo, according to reports), AIG -0.9% (still checking), AAPL -0.6% (Apple and Samsung may be developing 12 inch size tablets, according to reports).
• Analyst comments: ERIC -3.2% (downgraded to Underweight from Equal Weight at Barclays ), EXPE -2.8% (downgraded to Hold from Buy at Deutsche Bank), RBS -2% (Royal Bank of Scotland downgraded to Underperform from Neutral at BofA/Merrill ), DEO -1.2% (downgraded to Sell from Hold at Investec), COH -0.7% (downgraded to Hold at Canaccord Genuity), DEG -0.6% (downgraded to Underperform from Hold at Jefferies )
Trading Ideas NYSE & NASDAQ:
• SPN – short below 24.00
• EXPE – short below 50.00
