Wall Street Addict

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Piedmont (NYSE:PNY - News) reports earnings on Monday before the bell, with traders looking for -$0.05 EPS. PNY's PowerRating (for Traders) is 6.
When Immucor (NasdaqGS:BLUD - News) reports earnings on Wednesday after the close, traders will be watching for $0.24 EPS. BLUD's PowerRating (for Traders) is 5.
KB Home (NYSE:KBH - News) dropped about 3.5% on Friday, following an extremely weak new home sales report out of the U.S. KBH's PowerRating (for Traders) is 5.
Pulte Homes (NYSE:PHM - News) also fell on the news, down over 2% for the day. PHM's PowerRating (for Traders) is 4.
Cal-Maine Foods (NasdaqGM:CALM - News) rallied 9% on Friday after announcing a massive increase in Q2 net income from the same period last year. CALM's PowerRating (for Traders) is 3.
CDC Corporation (NasdaqGM:CHINA - News) rallied 23% on Friday after announcing that the company's directors and executives have purchased nearly 500k shares of the company over the last week. CHINA's PowerRating (for Traders) is 2.
Checkpoint Software (NYSE:CKP - News) rallied 15% after announcing a new CEO. CKP's PowerRating (for Traders) is 4.

Labels: BLUD, CALM, China, CKP, KBH, PHM, PNY, Stocks to Watch

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Leap Wireless (NasdaqGS:LEAP - News) beat earnings on Thursday afternoon, announcing -$0.09 EPS versus -$0.15 EPS. LEAP's PowerRating (for Traders) is 6.
Novell (NasdaqGS:NOVL - News) also beat earnings, reporting $0.06 EPS over $0.04 EPS. NOVL's PowerRating (for Traders) is 4.
Quiksilver (NYSE:ZQK - News) missed earnings on Thursday, with $0.51 EPS versus $0.52 EPS. ZQK's PowerRating (for Traders) is 4.
CDC Corporation (NasdaqGM:CHINA - News) reports earnings on Friday before the market opens, with traders looking for $0.08 EPS. CHINA's PowerRating (for Traders) is 6.
Amtech Systems (NasdaqGM:ASYS - News) dropped more than 25% on Thursday after announcing Q1 projections which did not meet analyst expectations. ASYS's PowerRating (for Traders) is 5.
Countrywide Financial (NYSE:CFC - News) fell more than 5% on Thursday after announcing that foreclosures doubled in November and late payments continue to rise. CFC's PowerRating (for Traders) is 5.
Dow Chemical (NYSE:DOW - News) jumped 7% today after announcing plans to allow Kuwait to buy half of Dow's plastics division for $9.5 billion. DOW's PowerRating (for Traders) is 4.

Labels: ASYS, CFC, China, DOW, LEAP, NOVL, Stocks to Watch, ZQK

Erin Burnett started the show today showing crude oil up about $0.40. Financial earnings are predicted to be down for the next few days. Fannie May seems to be taking a dip downward. HSBC Holdings (HBC) is noted as being one of the financials with weak stock. Electronic sales have actually shown an increase despite the weak retail market. Homebuilders lead decline. Steve Liesman gives the econ recon, saying investors are scrambling to buy junk bond yields which have shown a rapid incline in valuable stock. The stock in credit companies are reported as being much weaker than the drop that was seen back in August. Lewis Alexander a Citi Chief Economists says that the drop we see in short term stocks will be short lived and a dependence on the FED to contain the financial stress, will affect our resilience to a recession. Brian Shactman of CNBC says that Cyber Monday did not act as the number online sales day of the year. 72% of online retailers give Cyber Monday "deals," compared to 43% last year. Such as free shipping costs and percentage slashing. Sales are expected to break $700 M for this year's Cyber Monday. Wal-Mart, Target and JC Penny are among the top contenders for promotional sales. E-Bay and Amazon.com are doing very well along with direct company sales websites. Next, China was discussed with John Maziotti, mayor of Palm Bay, FL. He is part of the proposed ban on goods from China. Proposed ban does not include emergency products. Palm Bay are looking for funds to be raised for a "made in America" Christmas tree lighting. He says the loss of jobs and the unhealthy variables included in imported products from China are the main issues backing the proposed ban. Robert Shuller of Macro-Markets says that to fix the housing market in the long term is going to take the creation of a consumer-oriented focus. To offer mortgages with outs in the initial contract will be one of the first issues on the reform list. Stop Trading with Jim Cramer was next. He supports the proposed ban on importing Chinese manufactured goods. Garmin (GRMN) is recommended to buy and sell 18 months from now. Richard Peterson from Thomson Financial says that this will be a record high for global IPO's. Russia leads with $8 B, New York in 4th place with $4.3B, but leads the market in American currency exchanges. Jim Goldman of CNBC reports that Yahoo (YHOO) small business servers are down. Hosting 3 million sites this will be causing some problems says Jim Goldman. Oil is responsible for 33% of Yemen GDP.

Labels: Amazon.com, China, CNBC, EBAY, Erin Burnett, JCP, Jim Cramer, Mad Money, Street Signs, street signs recap, TGT, Wal-Mart

Asian markets bounced back and European stocks edged higher Monday as investors snapped up stocks after last week's global sell-off and reassessed the possible fallout from U.S. housing woes on international markets.
Japan's benchmark Nikkei 225 index inched up 0.03 percent to 17,289.30, after having plunged 2.4 percent Friday. Hong Kong's benchmark Hang Seng index rose 0.8 percent, Singapore's market climbed 1 percent and Australian stocks gained 0.4 percent.
Chinese stocks hit a new record, but Philippine shares slid 1.5 percent.
Asian and European markets sank Friday in reaction to a sharp decline on Wall Street Thursday amid worries that problems in the U.S. subprime mortgage market could drag on U.S. economic growth and cause investors to pull out of riskier assets.
Some of those concerns subsided Monday as investors bought stocks that appeared oversold, betting that worries over the broader impact of U.S. mortgage market ills may have been overdone, analysts said.

Labels: Asian Markets, China, Europe, Japan

Chinese stocks rebounded in volatile trading Tuesday following their sharpest one-day drop in three months as strong buying by institutions offset selling by retail investors.
The benchmark Shanghai Composite Index gained 2.6 percent to 3,767.10 after a rollercoaster session that saw the index plunge as much as 7.2 percent earlier in the day. It fell 8.3 percent on Monday -- the benchmark's sharpest decline since an 8.8-percent drop Feb. 27 triggered a global market sell-off.
The Shenzhen Composite Index for China's smaller second market rose 2.5 percent to 1,066.05.
Prices rebounded as investors returned to snap up bargains, analysts said.
"It is still a bull market. After five days of declines, I think it's time for the market to bounce back," said Chen Huiqin, an analyst at Nanjing-based Huatai Securities Co.
The Shanghai index had fallen three of the last five days.
European share markets gained in early trading and Asia markets also were generally higher, with Japan's benchmark index climbing 0.5 percent and Hong Kong shares also up 0.5 percent.
Source: AP

Labels: China, Japan, Shanghai Composite, Shenzhen Composite