At the Open - Garmin Rallies while Fannie Mae and Starbucks Hit New Annual Lows

The opening bell has rung and here is what I see…Pre-open futures suggested the stage was set for an opening pop but it hasn’t exactly panned out that way…(Read More)

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The! Biggest! News! of! the! Day! - Not Garmin and NAVTEQ, Starbucks, Cisco, Google, or Victoria’s Secret and the Spice Girls

Here are some of the contenders for today’s biggest…news…of…the…day…  The announcement that Garmin (GRMN) has signed a long-term contract with NAVTEQ….[note - more thoughts on this can be found below…]Word that Garmin “withdrew its 2.3 billion-euro (%243.4 billion) offer for Tele Atlas NV,”…A lowered forecast from Starbucks (SBUX)…Worries about of stagflation…albeit a potentially “gentler […]

Stocks Showing Unusually Heavy Volume - Canadian Solar, URS Corp, Ralcorp Holdings, Zoll Medical

Here are the results for today’s unusual stock volume scan. The scan looks at the previous day’s volume and compares it to the recent average volume…(Read More)

The Early View - Futures Bounce, Garmin Bounces Back from NAVTEQ Concerns, Starbucks and Kohl’s Warn

Good morning everyone - welcome to the final day of the trading week….a day option traders will know as Expiration Friday…The S&Ps are showing a moderate upside bias as they trade eight points above fair value…(Read More)

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