We are hearing of more stock offerings from managements that understand the liquidity window will not stay open forever. Let's take a look at what's moving the market and what areas of the market you should be focused.
(EMC - Get Report): Indicated lower after announcing bid for
(DDUP). This move is in reaction to
(NTAP - Get Report) bid for Data Dominion.
(CAM - Get Report): Opened slightly lower after announcing a takeover of
(NTG), an oil-services competitor.
(MS - Get Report),
(AXP - Get Report),
(ESRX - Get Report): All three opened lower after the companies announced they would be selling shares.
Pepsi Bottling Group
: Raised estimates for second-quarter and full-year 2009 EPS.
: May same-store sales rose 1%.
Upgrades to Watch:
(LMT - Get Report)
(GD - Get Report)
: Both stocks were upgraded to outperform at
: Both stocks had their target prices raised by
: High beta play upgraded to a buy at
. This is going to be a stock to watch for momentum investors today.
Downgrades to Watch:
(RATE - Get Report)
: Cut to a hold at
(C - Get Report)
(JNPR - Get Report)
: Downgraded to neutral at
Fast Movers to Watch:
(GOOG - Get Report)
(PCLN - Get Report)
(BIDU - Get Report)
(AMZN - Get Report)
: All four of these big-name tech stocks are coming off big days yesterday and will be the gauge for for any continued high-beta strength.