MarketWatch.com - Pre-Market Indications

Friday, August 15, 2008

Pre Market Trading Gaps News



Gapping Down

In reaction to disappointing earnings/guidance: HAR -10.5% (also downgraded to Neutral at Baird), DV -4.2% ANF -1.6% JCP -1.0%…


Select metals/mining stocks showing weakness with lower spot prices on continued strength in dollar: SLV -9.3%, AAUK -5.0%, GOLD 4.9%, KGC -3.8%, GFI -3.3%, HMY -3.2%, GG -3.1%, GLD -3.0%, ABX -2.9%, HL -2.5%, AUY -1.4%, RTP -1.3%…


Other news: CMVT -23.5% (discloses business update in letter to employees; recent business environment indicates slower momentum in the second quarter; also downgraded to Neutral at JPMorgan), YRCW -2.3% (appoints Paul Liljegren Interim Chief Financial Officer), DB -1.7% and HBC -1.2% (checking for anything specific).




Gapping Up



In reaction to strong earnings/guidance: FFHL +25.6%, APP +8.6%, ADSK +8.5% (also upgraded to Buy at Needham), KONG +4.7%, KSS +3.2%…


Select mortgage/financial names showing strength boosted by S&P ratings affirmations: ABK +23.2% (Ambac’s ‘AA’ rating affirmed by S&P), SCA +17.4%, MBI +8.0% (MBIA Insurance ‘AA’ ratings affirmed and taken off creditwatch; outlook negative at S&P), MTG +6.4%, PMI +4.3% (Fitch affirms PMI Mortgage Insurance & QBE Insurance Group; PMI’s outlook revised to stable), WB +3.4%, LEH +3.5% (Soros boosts Lehman stake to 9.5 million shares - Reuters.com), FNM +2.3%, WM +2.3%, FRE +1.9%, UBS +1.5%, MER +1.3%, BAC +1.1%…


Select airline names trading modestly higher with crude lower on continued strength in dollar: LCC +7.2%, AMR +5.4%, UAUA +5.0%, JBLU +3.7%, CAL +3.1%…


Select solar stocks trading higher: SPWR +10.7% (PG&E signs 800 MW photovoltaic solar power agreements with OptiSolar and SunPower; also upgraded to Buy at Merrill), SOLF +3.5%, YGE +3.0%, TSL +2.3%, CSIQ +2.1%, FSLR +1.8%, JASO +1.3%, STP +1.3%, ESLR +1.1%…


Other news: EMIS +19.1% (Icahn Capital reports 86,430 Emisphere Tech shrs - DJ), NRG +6.2% (Berkshire held 3.2 mln shrs NRG Energy at June 30 - DJ), CROX +3.3% (Gates Foundation reports 1 mln shares of Crocs at June 30 - DJ), GM +1.8% (will announce a multi-mln dollar investment into its Lordstown Complex on August 21)…


Analyst comments: PCLN +3.5% (upgraded to Buy at Citigroup), EMKR +3.4% (initiated with Buy at Stanford).



NYSE 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
Thursday's Close Current Price Pct Chng Current NYSE Arca Vol
ABK

$4.54

$5.70

26%

596,005

SCA

$2.30

$2.70

17%

11,700

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
$107,043,039
QQQQ
$14,999,552
GLD
$12,255,308
SPWR
$11,289,013
HBC
$7,284,996
SAP
$7,171,937
TOT
$5,650,248
IWM
$4,989,249
SKF
$3,829,962
NOK
$3,340,443
Stock
Share Volume
SPY
824,654
ABK
596,005
QQQQ
310,228
MBI
255,990
SLV
235,128
GLD
157,516
NOK
130,500
SPWR
130,031
SAP
126,524
XLF
100,200

ABK:

NYSE Arca Morning Update

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Pre-Market Trading Most Active Stocks - NASDAQ


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)

Fuwei Films (Holdings) Co., Ltd.
$2.07 $2.45 18.35% 3,200

SunPower Corporation
$78.57 $86.74 10.40% 167,477

Autodesk, Inc.
$34.35 $37.57 9.37% 81,143

UAL Corporation
$12.68 $13.36 5.36% 92,272

EMCORE Corporation
$5.87 $6.15 4.77% 9,567

Solarfun Power Holdings Co., Ltd.
$14.45 $14.90 3.11% 27,196

JA Solar Holdings, Co., Ltd.
$15.59 $16.05 2.95% 3,200

JetBlue Airways Corporation
$5.74 $5.89 2.61% 13,750

Canadian Solar Inc.
$28.70 $29.30 2.09% 10,306

Starbucks Corporation
$16.92 $17.20 1.65% 5,084

As of 8/15/2008 8:38:21 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)

Randgold Resources Limited
$45.53 $43.80 3.80% 17,800

LM Ericsson Telephone Company
$11.06 $10.85 1.90% 41,100

Qiagen N.V.
$21.07 $20.80 1.28% 7,100

VisionChina Media, Inc.
$17.29 $17.20 0.52% 45,900

Yahoo! Inc.
$20.28 $20.25 0.15% 11,600

Intel Corporation
$24.36 $24.35 0.04% 10,549

As of 8/15/2008 8:38:39 AM



Pre-Market Most Active Stocks - NASDAQ Premarket



Pre Market Movers - Futures Trading - Nasdaq - NYSE

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