MarketWatch.com - Pre-Market Indications

Wednesday, May 7, 2008

ZENN electric car Bloomberg.com

considered high risk / speculative. discusses the "ultra capacitor"
see my previous posts on the zenn car:
http://st0ckman.blogspot.com/search?q=zenn

SmallCap pre-market gainers and losers

Here are the biggest percentage gainers and losers in pre-market trading among companies with a market cap between $50 million and $750 million:

Biggest percentage gainers:

Multi-Fineline Electronix Inc (Nasdaq:MFLX), up 17.8% after the Anaheim, Calif.-based provider of flexible printed circuits reported a 45% boost in second-quarter sales.
Gulfport Energy Corp (Nasdaq:GPOR), up 14.5%.
Ceragon Networks Ltd (Nasdaq:CRNT), up 10.3%.

Biggest percentage losers:

Synchronoss Technologies Inc (Nasdaq:SNCR), down 43.9% after posting a lower-than-expected quarterly profit and forecasting a weak second quarter.



Wednesday's pre-market gainers and losers - SmallCapInvestor.com

PreMarket - Trader Talk with Bob Pisani - CNBC.com

Dollar finally rallying today after a couple of down days. Metal commodities lower, but energy commodities flat.

Modest pop in futures as first quarter productivity rose a better than expected 2.2% vs expectations of 1.5%.

What we need here is more DEMAND; we need heavier volume on up days, and a clearer rotation into techs (already evident), industrials, and financials. It's not enough to just say, "Well, we haven't really seen any serious selling in a month." That's true, but not enough. Necessary, but not sufficient.

Sprint

Sprint Nextel Corp
S

9.19 UNCH 0%
NYSE




[S 9.19 --- UNCH (0%) ] up 7 percent on word of a $12 billion joint venture with Clearwire; [CLWR 16.46 --- UNCH (0%) ] they are merging their wireless broadband units. They will be trying to roll out the first high speed mobile unit using the WiMAX network. Financing is being provided by Comcast[CMCSA 21.85 --- UNCH (0%) ] , Intel [INTC 23.58 --- UNCH (0%) ] , Time Warner Cable [TWC 29.41 --- UNCH (0%) ] , and Google [GOOG 586.36 --- UNCH (0%) ] , and Bright House Networks , for a total of $3.2 billion. Google will be Sprint's preferred mobile search provider.

Increased oil and gas production, as well as higher oil and natural gas prices, helped Devon

Devon Energy Corp
DVN

120.33 UNCH 0%
NYSE




[DVN 120.33 --- UNCH (0%) ] and Transocean [RIG 157.85 --- UNCH (0%) ] reported earnings well above expectations. Transocean up 4 percent, Devon 3 percent.



What Does The Market Need? More Demand - Trader Talk with Bob Pisani - CNBC.com

Pre Market Trading Indications

Gapping down in reaction to disappointing earnings/guidance: SNCR -46.0% (also downgraded to Market Weight at Weisel and downgraded to Hold at Needham), PRXI -12.2%, ASYT -9.1%, JKHY -9.1%, PRA -8.6%, THQI -6.6%, PNM -6.5% (also downgraded to Underperform at Wachovia), HK -6.4% (also announces $500 million offering of senior notes and announces public offering of 21,000,000 shares of common stock ), UTI -5.7%, CTSH -5.2%, MFB -5.1%, EXP -4.9%, OSUR -4.9%, CELL -4.9%, RFMD -4.3% (also announces strategic restructuring), HAR -4.0%, BIDZ -3.8%, CUTR -3.6%, GSX -3.2%, POL -3.0%, SAM -2.9%, AEG -2.5%, UPL -2.3%, TOT -2.1%, VCLK -2.1%, NILE -2.0%...

Select Chinese names trading lower following weakness in overseas trading
(Hang Seng closed -2.5%; Shanghai Composite closed -4.1%): SNP -4.0%, LFC -3.7%, ACH -3.7%, CHL -3.1%, CN -1.2%...

Other news:
PAA -2.4% (announces offering of common units), ITRI -2.1% (announces sale of 3.4 million shares of common stock at $94.47), BZH -2.1% (discloses in 8-k that it received a default notice from The Bank of New York Trust Company National Association), UBS -1.8% (still checking), CEPH -1.7% (announces FDA advisory committee recommendation against approval of an expanded label for FENTORA), BHP -1.5% (still checking)...


Analyst downgrades:
GGC -10.9% (downgraded to Sell at Citigroup), PTR -5.6% (downgraded to Underweight at JPMorgan), IPHS -4.7% (downgraded to Neutral from Outperform at Credit Suisse), BYD -3.5% (initiated with Sell at BofA), CTRP -3.2% (downgraded to Neutral at Piper), SOHU -2.7% (downgraded to Hold at Deutsche Bank), IAR -2.5% (downgraded to Equal Weight at Lehman), NITE -2.4% (downgraded to Equal Weight at Lehman), FTEK -1.3% (downgraded to Equal Weight at Morgan Stanley), KOF -1.1% (downgraded to Equal Weight at Morgan Stanley).

Gapping up:


UTSI +19.0%, MFLX +17.9%, CLWR +14.8%, SVR +13.7%, OPTV +11.6%, ONNN +10.4%, KOPN +10.0%, CHRD +7.9%, S +7.7%, GMXR +6.1%, AFN +4.2%, LXU +3.7%, EP +3.7%, DIS +2.8%, MBI +2.8%, XTO +1.8%, APC +1.3%...

Gapping down:

SNCR -43.2%, CTSH -7.4%, THQI -6.6%, CELL -6.4%, HK -6.1%, BZH -5.4%, EXP -4.9%, OSUR -4.9%, RFMD -4.3%, HAR -4.0%, BIDZ -3.8%, CUTR -3.6%, PAA -2.7%, ITRI -2.4%, VCLK -2.1%, NILE -2.0%, CEPH -1.7%.


NYSE PreMarket Trading Arca Morning Update

Stocks trading on NYSE Arca at a price more than 15% away from the previous trade day's consolidated close price. (As of 08:30:00 ET)

Stock
Tuesday's Close Current Price Pct Chng Current NYSE Arca Vol
SNCR

$22.90

$12.97

( 43%)

127,876

UTSI

$3.34

$4.08

22%

2,000

10 Most Active stocks on NYSE Arca as of 08:30:00 ET

Based on Dollar Volume: Based on Share Volume:
Stock
Dollar Volume
SPY
$124,880,825
QQQQ
$34,262,289
IWM
$14,835,621
FXI
$9,270,249
MT
$6,052,980
ERIC
$5,349,446
CSCO
$4,570,072
GOOG
$4,515,399
USO
$4,293,514
AAPL
$4,041,857
Stock
Share Volume
SPY
881,061
QQQQ
700,976
S
275,700
ERIC
217,600
IWM
203,800
CSCO
174,557
CLWR
152,673
SNCR
127,876
YHOO
110,873
ONNN
79,950

NYSE Arca Morning Update

Pre-Market Trading Most Active Stocks - NASDAQ Premarket


NASDAQ - Pre-Market Ten Most Advanced

Active Share Volume Declined

Symbol

Company Name

Market
Close
Last Sale (Pre-Market) % Change
(Pre-Market)
Share
Volume

(Pre-Market)

Clearwire Corporation
$16.46 $18.35 11.48% 206,423

ON Semiconductor Corporation
$7.81 $8.60 10.12% 98,150

EMCORE Corporation
$7.30 $7.79 6.71% 3,990

Foster Wheeler Ltd.
$66.38 $68.90 3.80% 54,650
DTV


The DIRECTV Group, Inc.
$25.80 $26.65 3.29% 3,770

Rubicon Technology, Inc.
$24.87 $25.40 2.13% 39,382

Evergreen Solar, Inc.
$9.05 $9.21 1.77% 4,700

Capstone Turbine Corporation
$2.95 $3 1.69% 7,600

ASML Holding N.V.
$29.68 $30.05 1.25% 207,500

LM Ericsson Telephone Company
$24.39 $24.64 1.03% 276,800

As of 5/7/2008 8:08:46 AM

NASDAQ - Pre-Market Ten Most Declined

Active Share Volume Advanced

Symbol

Company Name

Market
Close
Last Sale (Pre-Market) % Change
(Pre-Market)
Share
Volume

(Pre-Market)

Synchronoss Technologies, Inc.
$22.90 $13.34 41.75% 180,152

Cognizant Technology Solutions Corporation
$33.75 $31.29 7.29% 135,142

RF Micro Devices, Inc.
$3.45 $3.32 3.77% 4,330

Infosys Technologies Limited
$45.80 $44.60 2.62% 3,912

Itron, Inc.
$94.47 $92.25 2.35% 4,200

Level 3 Communications, Inc.
$3.23 $3.16 2.17% 3,500

Cephalon, Inc.
$61.04 $60 1.70% 56,982

Schnitzer Steel Industries, Inc.
$93.55 $92.50 1.12% 3,000

Cisco Systems, Inc.
$26.33 $26.10 0.87% 277,894

Yahoo! Inc.
$25.72 $25.55 0.66% 233,709

As of 5/7/2008 8:08:45 AM



Pre-Market Most Active Stocks - NASDAQ Premarket

Pre Market Movers - Futures Trading - Nasdaq - NYSE

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