This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

What's Hot, What's Not and SmartStops

In December almost $5 billion worth of these leveraged shares were traded making them the third most popular ETF -- behind only the SPY and QQQQ ETFs. The fund shares, which go short in financial stocks and move inversely with the market, have more than doubled in the last two months.

The ProShares Fund seeks daily investment results, before fees and expenses that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index. The Fund seeks capital appreciation.

Synnex (SNX)
Sector: Technology
Industry: Computer Hardware
Recent High: On Feb. 9, SNX hit a high of $17.98
Price on March 4: $14.69
Current SmartStops exit alert: $13.65

Shares of this normally quiet stock -- 3-year Beta of 0.79 -- more than doubled in two months ended Feb. 9. Last month TheStreet.com upgraded the stock from a Hold to a Buy.

Synnex is a business process services company which offers a range of services to original equipment manufacturers, software publishers and reseller customers worldwide.

What's Not So Hot!
Satyam Computer Services (SAY)
Sector: Services
Industry: Business Services
Recent High: On Jan. 6, SNX hit a high of $9.46
Recent Low: On Jan. 12, SNX had a low of $0.78
Price on March 4: $1.31
Current SmartStops exit alert: $1.15

This outsourcing firm is based in India and has been involved in a billion dollar scandal involving accounting fraud. Company executives have been accused of inflating the number of employees and then stealing the employee payroll.

As might be expected this news resulted in a temporary halt in trading for several days and then there was a huge gap down when trading resumed. It should be noted that SmartStops.net gave a timely warning to unload the shares at $8.77 just two days before the trading halt and the gap down to $1.14.

2 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,265.99 +109.14 0.64%
S&P 500 2,011.36 +9.79 0.49%
NASDAQ 4,593.4250 +31.2360 0.68%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs