General Electric (NYSE:GE) has announced that the company is ready to invest $2 billion in China, in technology and financial service ventures as well as research centers. It is expected that it will give 1000 or more job opportunities. The company will invest $1.5 billion in ventures for electric grid management and $500 million on product development and customer innovation centers.
Equity indexes continued their modest selloff as traders take some profits off the table while looking for the next catalyst following a two-month rally built on the expectation for, and confirmation of, the Federal Reserve's latest bid to rev up the economic recovery.
Focus Stock of the Week: Cisco Systems (CSCO) PriceWatch Alert
Time:
10/11/2010 10:13:00 PM
CSCO appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Jan '11 22.50 covered call for a net debit in the $21.15 area. That is also the break even stock price for this trade. This covered call has a 103 day duration, provides 5.92% downside protection and a 6.38% assigned return rate for a 22.62% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase.
Cisco Systems (CSCO: $22) has been picked by Standard & Poor's Equity Research as its Focus Stock of the Week. CSCO carries S&P's highest investment recommendation of 5-STARS, or Strong Buy.
Cisco Systems (CSCO: $22) has been picked by Standard & Poor's Equity Research as its Focus Stock of the Week. CSCO carries S&P's highest investment recommendation of 5-STARS, or Strong Buy.
Stock Value: Stock Drives To Key Resistance Before Big Apple Event
Time:
9/01/2010 09:55:00 AM
The stock of Apple, Inc. (NASDAQ:AAPL) is driving to resistance at the 50-day moving average ahead of today’s big Apple event.
The big resistance level ahead of the press conference today at 1pm EST is the 50-day moving average, which was last at $254.34.
In most technical trading systems, a breakout above the 50-day moving average would have to be consider a bullish sign. via timesoftheinternet
Apple Inc. said Monday night that it will live stream its much-anticipated product rollout Wednesday for anyone with recent versions of its software on Macs, iPhones, iPads and iPod touches. AT&T(i) today announced that it has completed the sale of its domestic Japanese outsourcing services operations to Internet Initiative Japan Inc.
The big resistance level ahead of the press conference today at 1pm EST is the 50-day moving average, which was last at $254.34.
In most technical trading systems, a breakout above the 50-day moving average would have to be consider a bullish sign. via timesoftheinternet
Apple Inc. said Monday night that it will live stream its much-anticipated product rollout Wednesday for anyone with recent versions of its software on Macs, iPhones, iPads and iPod touches. AT&T(i) today announced that it has completed the sale of its domestic Japanese outsourcing services operations to Internet Initiative Japan Inc.
Nasdaq Hot Stocks: Trading Alert for YRC Worldwide (YRCW)
Time:
9/01/2010 09:51:00 AM
Today's traded Put/Call ratio is 19.36. There were 19.36 puts traded for each call contract.
The following alerts were raised:
1. Unusual Put Volume
2. High Put/Call Ratio
3. 3 Month Record High Put Volume
YRC Worldwide Inc. (NASDAQ: YRCW) dropped by 0.75% to close at $0.25. It touched the day high of $0.257 whereas total traded volume stood at 24.54 million shares for the day. YRC Worldwide Inc. (YRC Worldwide) is a holding company. YRC Worldwide, through wholly owned operating subsidiaries offers its customers a range of transportation services. These services include global, national and regional transportation, as well as logistics.
YRCW is amongst the most active stock on NASDAQ and it fell 5.6 percent to $.25 with 20,153,600 shares traded. YRCW swung to a fourth-quarter profit, although the number got help from a one-time gain tied to the company’s successful debt-for-equity swap.
The following alerts were raised:
1. Unusual Put Volume
2. High Put/Call Ratio
3. 3 Month Record High Put Volume
YRC Worldwide Inc. (NASDAQ: YRCW) dropped by 0.75% to close at $0.25. It touched the day high of $0.257 whereas total traded volume stood at 24.54 million shares for the day. YRC Worldwide Inc. (YRC Worldwide) is a holding company. YRC Worldwide, through wholly owned operating subsidiaries offers its customers a range of transportation services. These services include global, national and regional transportation, as well as logistics.
YRCW is amongst the most active stock on NASDAQ and it fell 5.6 percent to $.25 with 20,153,600 shares traded. YRCW swung to a fourth-quarter profit, although the number got help from a one-time gain tied to the company’s successful debt-for-equity swap.
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