Archive for January, 2010

* Kiwi close to six week low, dips below $0.70 * Nerves over Greek debt, global growth weigh

US Airways Group Inc (Nasdaq:LCC), MGIC Inventory Corp (Nasdaq:MTG), Americal Axel Holdings (Nasdaq:AXL) and Intermune Inc (Nasdaq:ITMN)are among the most actively traded companies in Monday’s trading among companies with market capitalizations under $1 billion.

Also included among the results: : Liz Claiborne (Nasdaq:LIZ), National Penn Bancshares (Nasdaq:NPBC), LDK Solar Inc (Nasdaq:LDK), STEC Inc (Nasdaq:STEC) and PDL Bio Pharmaceuticals Inc (Nasdaq:PDLI).

Pathfinder Bancorp Inc (Nasdaq:), Centrais Eletricas Brasileiras (Nasdaq:EBR), Porter Bancorp Inc (Nasdaq:PBIB) and FFC Financial Corp (Nasdaq:FFDF) are among the biggest percentage losers in Monday’s trading among companies with market capitalizations under $1 billion.

Also included among the results: World Heart Organization (Nasdaq:WHRT), Imergent Inc (Nasdaq:IIG), North Cent Bancshares Inc (Nasdaq:FFFD), Mayflower Bancorp Inc (Nasdaq:MFLR) and QCR Holdings Inc (Nasdaq:QCRH).

American Axel Holdings (Nasdaq:AXL), Universal Stainless & Alloy (Nasdaq:USAP), Select Comfort Corp (Nasdaq:SCSS) and Rudolph Technologies (Nasdaq:RTEC) are among the biggest percentage Gainers in Monday’s trading among companies with market capitalizations under $1 billion.

Also included among the results: Seabridge Gold Inc (Nasdaq:SA), Medifast Inc (Nasdaq:MED), KongZhong Corp (Nasdaq:KONG), Sourcefire (Nasdaq:FIRE) and PetroQuest Energy Inc (Nasdaq:PQ).

ARROW Energy has asked advisers to examine ways to raise funds after taking on a greater role in a Queensland LNG project.

GINDALBIE Metals and China’s Sinosteel have struck an agreement to share infrastructure at their neighboring iron ore projects in WA.

Woodside says there’s no way it will change its plan for the `motelling’ of workers

CHEVRON’S fourth-quarter net income has dropped 37 per cent as slumping demand for diesel and gasoline outweighed gains.

ANGLO-SWISS miner Xstrata is hatching plans to build a huge 100-million-tonnes-a-year thermal coal operation in Queensland.

Harmony on the Euro
It always amazes me when people tell me that techniques are too simple to work. I’m not pointing the finger here, I have done exactly the same thing myself. For example, take Gann’s rule of markets moving in equal sections.
In his Ultimate Gann Course, David Bowden compares this to Elliott Wave breaking [...]

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