Updated throughout the day. Updated 12.33 PM EST: The CIA will start spying on social media activity (CNET) Updated 10.15 AM EST: Oil could hit $175 a barrel by 2016 making oil-realted…
Reuters: Chinese investors are holding a large amount of gold. Reuters: Bernanke sees tighter policies as the economy improves. Reuters: The Congressional Oversight Panel says that the US plan to help homeowners…
Updated throughout the day. Updated at 4.24 PM EST: Xyratex (NASDAQ:XRTX) is up 14% today, another tech stock in the buyout rumor mill. (Barron’s) Updated at 2.12 PM EST: Euro Tech Holdings…
Reuters: Ken Lewis will step down as CEO of Bank of America (BAC) Reuters: Cisco (CSCO) bought Tandbeg for $3 billion. Reuters: The IMF raised forecasts for US GDP but warned on…
Short sellers posted a mixed record on big banks. Short interest in Citigroup (C) plunged by 73% to 177.5 million shares. The short interest in Bank of America (BAC) was down 18% to…
Intel Corporation (NASDAQ: INTC) is raising guidance this morning. What is interesting is that this may actually highlight the strength among its peers and competitors more than it drives Intel shares alone. …
Short sellers moved out of tech stocks in large volumes at mid-month. Based on short interest figures as of August 14, shares short in Intel (INTC) fell 33% to 88.3 million. The…
Short sellers moved out of financial shares in great numbers. As of August 11, the short interest in Citigroup (C) fell 71% to 343 million shares. Share sold short in GE (GE)…
These are this morning’s top day trader and active stock alerts. We have more detailed price and volume analysis links on each stock from VSInvestor.com: American International Group (NYSE: AIG) is continuing…
Reuters: A college education no longer means easy employment in China. Reuters: Fannie Mae (FNM) lost $14.8 billion. Reuters: The auto “clunkers” legislation passed the Senate. Reuters: Obama is in no rush…
NVIDIA Corporation (NASDAQ: NVDA) is back to profitability. Yep, profits. The graphics chipset leader posted $0.07 non-GAAP EPS. This is down almost half from last year’s $0.13 EPS, but it is significantly…
The short interest in most large banks fell very sharply for the period ending May 29, an indication that traders believe that TARP repayments and ongoing strong earnings mean the fate of American…
Short sellers are not longer willing to gamble on a collapse in the share prices of America’s largest financial firms. Perhaps they think that the issue of nationalization has largely disappeared, the…
Short sellers were figuring that after the bank rally late last month, banks shares were likely to give back some gains. That was working until Wells Fargo (WFC) reported that it would…
According to Reuters, the Obama financial reforms face a bumpy road. Reuters reports that the NY State Attorney General has subpoenaed AIG (AIG) over its CDS contracts. Reuters reports that Obama’s financial…
