Flow Trader

Stock Market Alert - GM was a big winner on Thursday, trading up over 10% in heavy trading (55.2 million shares traded versus normal daily average of 15.3 million shares traded) after the WSJ reported that union officials might go along with a plan to form a health care trust fund that the union would control. This might allow GM to save billions of dollars, which obviously had investors excited on Thursday. The UAW also announced on Thursday that GM would be the lead in auto labor talks, which could potentially lead to a strike at GM if talks don’t go well. At the close of trading on Thursday, GM had a market cap of $18.84 billion dollars.

Stock Market Alert - MCD continue to set the stock market on fire on Thursday, trading up over 6% after the company announced plans to significantly increase their dividend citing strong business momentum and cash flow. The new dividend will be $1.50 per share, payable to shareholders of record as of Nov. 15th. The company has also hinted that more dividend increases could be in the company’s future. With strong same store sales growth, increasing dividends and continuing stock buy-backs, MCD looks to be a great place to park some of your hard-earned money over the next couple of years.

Stock Market Alert - It’s a fine day to be a CEGE shareholder, as the stock is currently up over 26% as the sector continues to enjoy strong momentum, propelled by an exceedingly strong DNDN, which is up over 30% on the session. Volume for CEGE is extremely strong on the session, as investors are clamoring to find secondary plays for DNDN, with over 36 million shares of the stock changing hands so far, compared to a normal daily average of just under 20 million shares. The big question for CEGE will be: can it sustain this recent move higher once DNDN settles down, and can the company stand on its own fundamentally? These are the questions that CEGE shareholders are asking themselves today.

Stock Market Alert - Despite an ominous sounding note from an analyst on Monday, DNDN continued to soar on Monday, crushing short-sellers and making a mint for DNDN shareholders in the process. In late afternoon trading, the stock is currently up over 27% at $23.05. Volume is extremely high on the session, with over 74 million shares of the stock changing hands so far, compared to a normal daily average of just over 6.6 million shares traded.

Brean Murray Carret & Co. analyst Jonathan Aschoff sounded a note of caution on Monday, saying that an FDA approval would set a dangerous double standard. It should be noted that the company currently has a sell rating on the stock with a price target of $1.50. With the share price soaring, obviously Brean Murray Carret & Co. have been a bit offbase so far on their prediction </end sarcasm>. With DNDN setting new 52 week highs on an almost daily basis and short-sellers getting punished, the big question is, how high will DNDN go?

Stock Market Alert - TGEN had an extremely strong day on Thursday, trading up over 66% to close the regular session at $4.27 after the company announced stronger than expected Q4 earnings. Analyst estimates had been at a loss of 13 cents per share for the quarter on revenues of $3.8 million; the company reported that it had actually earned 8 cents per share on sales of $4 million dollars. Investors liked what they heard, bidding the stock up and moving over 21 million of the shares.

Stock Market Alert - RFMD took a tumble on Thursday, trading down over 10% to close the regular session at $6.31 after the company announced that while it was still backing its Q4 guidance, it would be lowering its Q1 guidance. For Q1, the company said that it now sees Q1 results falling short of Q4 results, which it projects to be 10-11 cents per share on revenues of $250-$260 million dollars. Investors voted with their feet on Thursday, with over 63 million shares of the stock changing hands, and the stock dropping.

Stock Market Alert - JOBS had a big day on Thursday, trading up over 18% to close the regular session at $16.91 after the company announced that it was going to be raising its Q1 revenue outlook due to increased market demand. Volume was quite heavy on the news, with over 500k shares of the stock changing hands, compared to a normal daily average volume of just over 116k shares traded. Should the company continue to see strong demand for their product, then 2007 should be a very strong year and I would expect that analyst earnings expectations will be raised throughout the year.

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Stock Market Alert - SAPE had a big session on Wednesday, trading up over 10% to close the late session at $6.62 after the company reported a Q4 loss which was enhanced by increased operating costs, though overall business was up, which was what the market was reacting to. The company reported a Q4 loss of one cent per share on revenues of $119.2 million dollars, compared to analyst estimates of 2 cents per share of earnings on sales of $110.4 million dollars. SAPE currently has a 52 week high of $8.37.

Stock Market Alert - CMOS took one of the biggest hits of any stock on Friday, receiving a 25% haircut and closing the day at $3.45 after the company released their Q1 earnings and issued a Q2 outlook that came in below Wall Street expectations. Volume was heavier than normal on the day, with over 12.9 million shares of the stock changing hands, compared to a normal daily average volume of just over 3.2 million shares traded. CMOS said that for Q2, it expects to post a loss of 5-6 cents per share on revenues of $115 - $118 million dollars, compared to analyst estimates of a profit of 4 cents per share on revenues of $119.5 million dollars.

Stock Market Alert - Combine extremely weak markets in Asia with a plummeting market in the US and you have a recipe for disaster for ASIA, which saw its stock drop over 15% on the session to close the day at $6.90. Volume was heavy as the bottom dropped out of the stock, with over 1.4 million shares of the stock changing hands, compared to a normal daily average volume of 587k shares traded. Look to the Asian markets tonight for guidance as to how ASIA will trade tomorrow. If the Asian markets continue to freefall, then ASIA should continue to be weak on Wednesday.