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Retail sales unchanged in July
WASHINGTON (MarketWatch) -- Sales at U.S. retailers were unchanged in July, the weakest result in six months, as sales fell at auto dealers, but rose at gas stations and food and beverage stores, according to government data released Wednesday. Excluding autos, retail sales rose a seasonally adjusted 0.1% last month, the U.S. Commerce Department reported. July's results missed expectations among economists polled by MarketWatch, who had forecast overall retail-sales growth of 0.2% in July, matching June's result. Excluding autos, economists had expected July retail-sales growth of 0.4%, also matching June's result. Retail sales are a major chunk of consumer spending, which is the backbone of the U.S. economy. Data details show that auto sales fell 0.2% in July. Meanwhile, sales rose 0.3% at food and beverage stores and 0.1% at gas stations.
Don’t sell stocks too early — and don’t even think of shorting Tesla
Investors hanging around to watch the paint dry in August are entertaining themselves, it seems, by using geopolitics as an excuse to dip in and out of the stock pool. The Dow industrials DJIA -0.06% are teetering into negative territory for the year. But no matter, we’ll see how it all shakes out when everyone is back from the beach.
U.S. stocks: Futures up ahead of retail sales data
LONDON (MarketWatch) — U.S. stock futures swung higher Wednesday before the release of monthly retail sales data and remarks by two Federal Reserve officials.
Investors will also get a look at quarterly results from retailer Macy’s Inc. and heavy equipment maker Deere &. Co.
Futures for the Dow Jones Industrial Average (CBE:DJU4) climbed 60 points, or 0.4%, to 16,579, while those for the S&P 500 index (GLC:SPU4) rose 9 points, or 0.4%, to 1,939. The Nasdaq 100 index (GLC:NDU4) gained 16.75 points, or 0.4%, to 3,920.25.
Wall Street futures found some support from anticipation of recovery in China in the final quarter of the year, said João Monteiro of Valutrades in a note, “despite the fact that the geopolitical situation remains tense and there’s still the prospect of a dangerous stand-off at the Ukrainian border when [an] aid convoy arrives from Moscow.”
Investors will assess retail-sales data when they are released at 8.30 a.m. Eastern. Analysts polled by MarketWatch expect growth of 0.2% in overall sales in July, aided by large retail chains. Sales rose 0.2% in June. Excluding autos, sales likely rose 0.4%.
Also set for monitoring will be remarks by New York Federal Reserve President William Dudley and Boston Fed President Eric Rosengren at a conference on wholesale funding in New York. They were slated to begin speaking at 9:05 a.m. Eastern and 9:25 a.m., respectively. Rosengren is considered one of the central bank’s most dovish members.
A report on inventories at U.S. businesses in June is due at 10 a.m. Eastern, and economists expect a rise of 0.3%. Inventories rose 0.5% in May. http://www.marketwatch.com/story/us-stocks-futures-up-ahead-of-retail-sales-data-2014-08-13
King, Macy’s among stocks to watch Wednesday
http://huntforthenext10bagger.com/stockearnings
U.S. stocks end lower; Dow turns negative for the year
Kate Spade tumbles, Intercept shares jump
NEW YORK (MarketWatch) — U.S. stocks ended Tuesday’s choppy session slightly lower as investors remained jittery amid tension between Ukraine and Russia and lingering concerns about sectarian wars in the Middle East.
Fears over geopolitical tensions and a potential U.S. interest-rate hike pushed investors to scale back risk and increased cash levels to two-year high this month, according to a Bank of America Merrill Lynch fund-manager survey.
The S&P 500 (SNC:SPX) closed down 3.18 points, or 0.2% to 1,933.74. The Dow Jones Industrial Average (DJI:DJIA) slipped 9.44 points, or 0.1%, to 16,560.54 and turned negative for the year. The Nasdaq Composite (NASDAQ:COMP) shed 12.08 points, or 0.3%, to 4,389.25.
Steven Wieting, global chief investment strategist at Citi Private Bank, said recent geopolitical headlines have been a catalyst for investors to reduce the level of risk in their portfolios across global financial markets.
Wieting warned, however, that “at a time when markets now suddenly begin to appreciate risk, we should not suddenly ignore a reality in which U.S. corporate earnings have risen 35% from post-2007 peaks, share prices have risen a less robust 22%, and profit gains persist.”
Tensions between Ukraine and Russia escalated after Russian sent a convoy carrying aid for eastern Ukraine on Tuesday. The convoy has not reached the Ukrainian border, and the Ukraine government had threatened to not allow the vehicles to cross onto its territory, claiming the convoy was carrying military gear in the guise of aid.
Meanwhile, clashes between ISIS and Kurdish forces continued in Iraq and the U.S. sent planes to drop humanitarian aid for refugees.
In economic news, the number of job openings in June rose to 4.67 in June, the most since early 2001, Bureau of Labor Statistics said. But the survey, often cited Federal Reserve Chairwoman Janet Yellen when she assesses the state of the labor market, did not move stocks. http://www.marketwatch.com/story/us-stocks-futures-edge-up-labor-market-snapshot-due-2014-08-12
After-hours buzz: King Digital, Fossil, JDS Uniphase & more
http://www.cnbc.com/id/101914820
Large retailers seen supporting steady retail-sales growth
It’s likely that data to be released Wednesday will show that retail-sales growth held steady last month, supported by large retail chains, but somewhat offset by lower auto and gas sales, according to economists polled by MarketWatch.
A consensus forecast pegs July’s overall retail sales growth at 0.2%, matching June’s pace. Excluding autos, growth likely hit 0.4%, also matching June’s pace.
Retail sales are a major chunk of consumer spending, which is the backbone of the U.S. economy. Recent retail-sales reports have been somewhat tepid, held back by weak wage growth and wary consumers.
However, solid job gains this year could eventually lead to more confident workers and consumers, key drivers for spending and wider economic growth, economists say. A report later this week will provide a preliminary reading on consumer sentiment this month, a gauge that helps economists estimate the likely path of spending.
The U.S. Commerce Department will release the retail-sales data at 8:30 a.m. Eastern.
U.S. stocks edge lower after two days of gains
Kate Spade tumbles, Intercept shares jump
NEW YORK (MarketWatch) — U.S. stocks edged lower Tuesday as investors remained jittery amid tension between Ukraine and Russia and lingering concerns about sectarian wars in the Middle East.
Fears over geopolitical tensions and a potential U.S. interest rate hike pushed investors to scale back risk and increased cash levels to two-year high this month, according to a B. of A. Merrill Lynch fund-manager survey.
The S&P 500 (SNC:SPX) fell 5.7 points, or 0.3% to 1,931.26. The Dow Jones Industrial Average (DJI:DJIA) lost 36 points, or 0.2%, to 16,533.08. The Nasdaq Composite (NASDAQ:COMP) dropped 17 points, or 0.4%, to 4,383.01.
Steven Wieting, global chief investment strategist at Citi Private Bank, said recent geopolitical headlines have catalyzed de-risking across world financial markets.
Wieting warned, however, that “at a time when markets now suddenly begin to appreciate risk, we should not suddenly ignore a reality in which U.S. corporate earnings have risen 35% from post-2007 peaks, share prices have risen a less robust 22%, and profit gains persist.”
Geopolitical developments on Tuesday undermined optimism among global investors. http://www.marketwatch.com/story/us-stocks-futures-edge-up-labor-market-snapshot-due-2014-08-12?link=MW_home_latest_news
Contact:
Investor Relations
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(404) 856-9157
(866) 692-6847 Toll Free - U.S. And Canada
just no volume...at all
SRNA BIG News: Surna Closes Hydro Innovations Acquisition; Company More Than Doubles Its HQ Space
BOULDER, CO--(Marketwired - Aug 12, 2014) - Surna Inc. (OTCQB: SRNA), a company that develops, acquires, produces and sells equipment for the legal marijuana industry with a focus on disruptive technology, today announced it has successfully closed its previously announced acquisition of Hydro Innovations ("Hydro").
Boulder, Colorado-based Hydro is a leading designer, manufacturer and distributor of proprietary, state-of-the-art indoor climate control systems such as chillers, lights, reflectors and irrigation systems designed for cannabis and other indoor agriculture markets (www.hydroinnovations.com). Accordingly, Hydro's revenue and other financials will be integrated into Surna's quarterly financial results beginning with the current quarter ending September 30, 2014. Details of the transaction are contained in the Company's report filed on Form 8-K with the SEC.
Surna More than Doubles HQ Space
In conjunction with its anticipated closing of the Hydro acquisition, Surna expanded its Boulder office headquarters and manufacturing space from about 7,000 to 18,000 square feet by leasing space directly adjacent.
In addition to expanding its office space, the increase enables Surna to substantially increase its R&D and manufacturing capacity as well as to build out a showroom to meet accelerating demand for its leading-edge cannabis and other indoor agriculture growing equipment.
Surna Chairman and CEO, Tom Bollich, commented, "Closing the Hydro acquisition was an important milestone for the Company. Founded in 2007, it has a solid and rapidly growing installed customer base. It has an exceptional intellectual property portfolio upon which we intend to capitalize as we apply for additional patents in the weeks and months ahead. We plan to commercialize new, leading edge cannabis indoor agriculture equipment products -- some of which are in advanced development and testing phase and will be launched in 2014, while we have a growing pipeline of sophisticated new products in the pipeline for 2015.
"We had maxed out our current Boulder headquarters," Mr. Bollich added. "Securing a long term lease on the additional space provides a big boost to operating and manufacturing capacity and widens our options for consolidating any future acquisitions."
About Surna Inc.
Led by Tom Bollich, the visionary technologist who co-founded famed gaming company Zynga which ultimately rose to a $10 billion market valuation, Surna's mission is to acquire intellectual property and scalable operating companies in the nascent, legal marijuana industry with a focus on disruptive technology, equipment and related support services. Through its wholly owned subsidiary, Hydro Innovations, the Company offers a comprehensive line of commercial and small business indoor agriculture equipment (www.hydroinnovations.com).
The Company represents a pure play on explosive growth in the cannabis industry, while being agnostic as to the escalating proliferation of regulated, commodity cannabis growers & sellers, winners or losers; its business model excludes the production or sale of marijuana. ArcView industry research projects the highly fragmented $2.3 billion US cannabis industry will increase over four-fold to $10.2 billion by 2018.
SRNA BIG News: Surna Closes Hydro Innovations Acquisition; Company More Than Doubles Its HQ Space
BOULDER, CO--(Marketwired - Aug 12, 2014) - Surna Inc. (OTCQB: SRNA), a company that develops, acquires, produces and sells equipment for the legal marijuana industry with a focus on disruptive technology, today announced it has successfully closed its previously announced acquisition of Hydro Innovations ("Hydro").
Boulder, Colorado-based Hydro is a leading designer, manufacturer and distributor of proprietary, state-of-the-art indoor climate control systems such as chillers, lights, reflectors and irrigation systems designed for cannabis and other indoor agriculture markets (www.hydroinnovations.com). Accordingly, Hydro's revenue and other financials will be integrated into Surna's quarterly financial results beginning with the current quarter ending September 30, 2014. Details of the transaction are contained in the Company's report filed on Form 8-K with the SEC.
Surna More than Doubles HQ Space
In conjunction with its anticipated closing of the Hydro acquisition, Surna expanded its Boulder office headquarters and manufacturing space from about 7,000 to 18,000 square feet by leasing space directly adjacent.
In addition to expanding its office space, the increase enables Surna to substantially increase its R&D and manufacturing capacity as well as to build out a showroom to meet accelerating demand for its leading-edge cannabis and other indoor agriculture growing equipment.
Surna Chairman and CEO, Tom Bollich, commented, "Closing the Hydro acquisition was an important milestone for the Company. Founded in 2007, it has a solid and rapidly growing installed customer base. It has an exceptional intellectual property portfolio upon which we intend to capitalize as we apply for additional patents in the weeks and months ahead. We plan to commercialize new, leading edge cannabis indoor agriculture equipment products -- some of which are in advanced development and testing phase and will be launched in 2014, while we have a growing pipeline of sophisticated new products in the pipeline for 2015.
"We had maxed out our current Boulder headquarters," Mr. Bollich added. "Securing a long term lease on the additional space provides a big boost to operating and manufacturing capacity and widens our options for consolidating any future acquisitions."
About Surna Inc.
Led by Tom Bollich, the visionary technologist who co-founded famed gaming company Zynga which ultimately rose to a $10 billion market valuation, Surna's mission is to acquire intellectual property and scalable operating companies in the nascent, legal marijuana industry with a focus on disruptive technology, equipment and related support services. Through its wholly owned subsidiary, Hydro Innovations, the Company offers a comprehensive line of commercial and small business indoor agriculture equipment (www.hydroinnovations.com).
The Company represents a pure play on explosive growth in the cannabis industry, while being agnostic as to the escalating proliferation of regulated, commodity cannabis growers & sellers, winners or losers; its business model excludes the production or sale of marijuana. ArcView industry research projects the highly fragmented $2.3 billion US cannabis industry will increase over four-fold to $10.2 billion by 2018.
Surna Closes Hydro Innovations Acquisition; Company More Than Doubles Its HQ Space
BOULDER, CO--(Marketwired - Aug 12, 2014) - Surna Inc. (OTCQB: SRNA), a company that develops, acquires, produces and sells equipment for the legal marijuana industry with a focus on disruptive technology, today announced it has successfully closed its previously announced acquisition of Hydro Innovations ("Hydro").
Boulder, Colorado-based Hydro is a leading designer, manufacturer and distributor of proprietary, state-of-the-art indoor climate control systems such as chillers, lights, reflectors and irrigation systems designed for cannabis and other indoor agriculture markets (www.hydroinnovations.com). Accordingly, Hydro's revenue and other financials will be integrated into Surna's quarterly financial results beginning with the current quarter ending September 30, 2014. Details of the transaction are contained in the Company's report filed on Form 8-K with the SEC.
Surna More than Doubles HQ Space
In conjunction with its anticipated closing of the Hydro acquisition, Surna expanded its Boulder office headquarters and manufacturing space from about 7,000 to 18,000 square feet by leasing space directly adjacent.
In addition to expanding its office space, the increase enables Surna to substantially increase its R&D and manufacturing capacity as well as to build out a showroom to meet accelerating demand for its leading-edge cannabis and other indoor agriculture growing equipment.
Surna Chairman and CEO, Tom Bollich, commented, "Closing the Hydro acquisition was an important milestone for the Company. Founded in 2007, it has a solid and rapidly growing installed customer base. It has an exceptional intellectual property portfolio upon which we intend to capitalize as we apply for additional patents in the weeks and months ahead. We plan to commercialize new, leading edge cannabis indoor agriculture equipment products -- some of which are in advanced development and testing phase and will be launched in 2014, while we have a growing pipeline of sophisticated new products in the pipeline for 2015.
"We had maxed out our current Boulder headquarters," Mr. Bollich added. "Securing a long term lease on the additional space provides a big boost to operating and manufacturing capacity and widens our options for consolidating any future acquisitions."
About Surna Inc.
Led by Tom Bollich, the visionary technologist who co-founded famed gaming company Zynga which ultimately rose to a $10 billion market valuation, Surna's mission is to acquire intellectual property and scalable operating companies in the nascent, legal marijuana industry with a focus on disruptive technology, equipment and related support services. Through its wholly owned subsidiary, Hydro Innovations, the Company offers a comprehensive line of commercial and small business indoor agriculture equipment (www.hydroinnovations.com).
The Company represents a pure play on explosive growth in the cannabis industry, while being agnostic as to the escalating proliferation of regulated, commodity cannabis growers & sellers, winners or losers; its business model excludes the production or sale of marijuana. ArcView industry research projects the highly fragmented $2.3 billion US cannabis industry will increase over four-fold to $10.2 billion by 2018.
Early movers: ANF, TW, SKUL, JPM, RAX, FSLR & more
http://www.cnbc.com/id/101913101
U.S. stocks: Futures edge up; labor-market snapshot due
IEA cuts oil demand view
LONDON (MarketWatch) — U.S. stock futures signaled a higher open for Wall Street on Tuesday, with monthly reports on job openings and small businesses set to offer clues to the pace of economic recovery in the U.S.
Futures for the Dow Jones Industrial Average DJU4 +0.13% gained 24 points, or 0.2%, to 16,540, while those for the S&P 500 index SPU4 +0.27% rose 3.8 points, or 0.2%, to 1,936.30. The Nasdaq 100 index NDU4 +0.15% slipped 6 points, or 0.2%, to 3,911.25.
The Bureau of Labor Statistics will release its June job openings and labor turnover survey, or JOLTS, at 10 a.m. Eastern Time. The report “has garnered more attention lately, as Fed Chair [Janet] Yellen often cites the survey when assessing the state of the labor market,” Credit Suisse noted late last week.
Details will include the number of workers who were hired, fired or laid off, or who quit their jobs, in June. JOLTS data for May showed monthly job openings hit 4.6 million, compared with 4.3 million when the recession started at the end of 2007.
The National Federation of Independent Business will release its July gauge of small businesses, which account for the bulk of U.S. employment, at 7:30 a.m. Eastern Time. The NFIB’s gauge of small-business optimism fell in June. http://www.marketwatch.com/story/us-stocks-futures-edge-up-labor-market-snapshot-due-2014-08-12?dist=beforebell
Robin Williams — his life in pictures
Everyone has a favorite Robin Williams film. Maybe you like the cerebral “Good Will Hunting”? Or you prefer the wackier “Mrs. Doubtfire”? Williams used to do a lot of work with the USO, and once during a media briefing at Bagram, Afghanistan, about a USO Christmas show to be held later in the day, a press officer introduced the veteran comedian simply as “a famous actor, known for his work in ‘Patch Adams’ ... and other films,” so even that Williams sleeper (pictured here) holds fond memories for some. Here’s a brief — far too brief — collection of some of Williams’s finest work from the last 3-1/2 decades. http://www.marketwatch.com/story/robin-williams-his-life-in-pictures-2014-08-11?dist=beforebell
Tesla, Kate Spade are Tuesday’s stocks to watch
http://www.marketwatch.com/story/tesla-kate-spade-are-tuesdays-stocks-to-watch-2014-08-12?dist=beforebell
After hours buzz: Nuance, Rackspace, Caesars & more
http://www.cnbc.com/id/101911732
Nasdaq Scans 8/11:
http://huntforthenext10bagger.com/nasdaq-scans
Active Options 8/11:
http://huntforthenext10bagger.com/active-options
Stocks squeeze out gains as investors eye geopolitics, data
U.S. stocks closed higher for a second straight session in light volume trading as investors looked for signs of easing in geopolitical tensions.
"Besides seasonal factors of low volume, you have to remember that investors are still wanting to see how the economy is shaping up," said Peter Cardillo, chief market economist at Rockwell Global Capital. "Investors are more concerned that the market has not made up its mind on how to handle this monetary policy."
Equities received a boost by Stanley Fischer, the vice chairman of the U.S. Federal Reserve, who said early on Monday that the recoveries in the U.S. and global economies had been "disappointing" thus far, indicating the Fed may not imminently tighten its monetary policy.
However, ahead of economic data and Fed speeches later this week, analysts said geopolitical developments are a primary indicator for investors.
"Relatively uneventful day here," said Dan Greenhaus, chief global strategist at BTIG. "If you're going to get any volatility it's going to come from [overseas]."
Earlier in the day, Russian President Vladimir Putin said his country is coordinating with the International Red Cross to send humanitarian aid to Ukraine, the Kremlin stated. http://www.cnbc.com/id/101910196
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come on show the walkers some respect
nice one Hstang!
U.S. small caps lead broad stock-market rally
MannKind leaps, Dean Foods slumps
NEW YORK (MarketWatch) — Small-cap stocks ere leading the gains on Wall Street Monday, as the main benchmarks bounced off their recent low.
Sentiment was boosted by a calmer geopolitical scene as well as dovish remarks from a top Federal Reserve official.
Easing of tensions in Ukraine and the Middle East prompted investors to move into higher-risk stocks and away from haven assets, pushing the yield on the 10-year Treasuries higher and gold prices lower. http://www.marketwatch.com/story/us-stocks-futures-up-after-fischer-says-global-recovery-disappointing-2014-08-11
Gold holds ground as equities power higher
NEW YORK (MarketWatch) — Gold futures held their ground Monday, ignoring a rise in equities as investors continued to watch developments in Ukraine and the Middle East.
Gold for December delivery (CNS:GCZ4) slipped $1, or 0.1%, to $1,310 an ounce as it straddled the unchanged line, while September silver (CNS:SIU4) gained nearly 5 cents, or 0.2%, to $19.99 an ounce.
“Interestingly, while the yen has unwound, other safe-haven assets such as gold haven’t seen much movement at all,” said Stan Shamu, market strategist at IG Markets in Melbourne. “Perhaps this highlights the degree of cautiousness investors are still exercising at the moment.” http://www.marketwatch.com/story/gold-holds-ground-as-equities-power-higher-2014-08-11
U.S. stocks: Futures up after Fischer says global recovery disappointing
Priceline results due
LONDON (MarketWatch) — U.S. stock futures indicated gains for Wall Street Monday, finding support in part from a top Federal Reserve official’s comments that suggest monetary policy may still be needed to aid recovery in the world’s largest economy.
Futures for the Dow Jones Industrial Average DJU4 +0.35% climbed 55 points, or 0.3%, to 16,534, while those for the S&P 500 index SPU4 +0.42% rose 6.7 points, or 0.4%, to 1,930.40. The Nasdaq 100 index NDU4 +0.58% moved 17 points, or 0.5%, higher to 3,890.75.
In terms of quarterly results, investors will look for second-quarter figures from online travel services provider Priceline. There is no major economic data on deck.
Ahead of Wall Street’s open, Federal Reserve Vice Chairman Stanley Fischer, in prepared comments for delivery at a conference in Stockholm, said rebounds across advanced economies have been disappointing, leading many observers, including the Fed, to reduce their long-term expectations for growth potential in the U.S.
It’s also still not clear whether U.S. economic growth was permanently damaged by the most recent recession, he said.
A higher start for equities would key off gains from Friday’s session during which geopolitical tensions appeared to have cooled. The Dow Jones Industrial Average DJIA +1.13% jumped 186 points, or 1.1%, its biggest one-day percentage gain in more than four months. News that “Russian military exercises have come to a conclusion on the outskirts of Ukraine, coupled with a more proactive strategy from the White House in dealing with Isis forces in Iraq, triggered a market rally,” wrote IG analyst Alastair McCaig to clients Monday. http://www.marketwatch.com/story/us-stocks-futures-up-after-fischer-says-global-recovery-disappointing-2014-08-11?dist=beforebell
Small-cap stocks will likely feel the most pain
The action for small-cap stocks is particularly ominous
Following another week of elevated volatility for the broad market, analysts still differ on whether we’re positioned for a prolonged market pullback. But one thing is clear: Small-cap stocks are taking the worst beating.
This chart shows the movement of the Russell 2000 Index (RSU:RUT) over the past 12 months, along with the 20-day, 50-day and 200-day moving averages. The index has dropped below all three averages, which is the type of price momentum that can lead to a larger decline, according to Art Nunes, chief investment officer for Dynamic Investing Group, which has about $70 million in assets under management.
The Russell 2000’s 20-day moving average has moved below the 200-day average, and the 50-day may soon cross below the 200-day average because “there’s no sign buyers are coming into the market,” he told MarketWatch.
“The reason it is important, is that once a new trend emerges, it is persistent,” Nunes said.
The trend for small-cap stocks over several years has been upward, he said, but the 20-day moving average began to decline in January, after which the 50-day moving average began to decline. “Now it appears the long-term trend is about to reverse,” he said. http://www.marketwatch.com/story/small-cap-stocks-will-likely-feel-the-most-pain-2014-08-10
Nasdaq Scans 8/08:
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Active Options 8/08:
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Dow gain biggest in over 4 months
S&P 500, Dow gain over the week
NEW YORK (MarketWatch)—Wall Street closed sharply higher Friday and posted modest gains for the week as risk appetite returned after news reports that Russia ended military exercises on the Ukrainian border.
The S&P 500 (SNC:SPX) closed 22.02 points, or 1.2%, to 1,931.59 and finished the week 0.3% higher. The Dow Jones Industrial Average (DJI:DJIA) jumped 185.66 points, or 1.1%, to 16,553.93, its biggest one-day percentage gain in more than 4 months. The blue-chip index gained 0.3% over the week.
The Nasdaq Composite (NASDAQ:COMP) gained 36.08 points, or 0.8%, to 4,371.07 and recorded a 0.4% weekly gain.
The Russell 2000 (RSU:RUT) rose 11.8 points, or 1% to the preliminary 1,131.55 and gained 1.5% over the past five days, outperforming large-cap stocks.
Headlines from Russia and the Middle East dominated news on Friday. Russian news agency RIA quoted a senior official saying Russia is seeking to de-escalate tensions with Ukraine, followed by another report that it ended military exercises near the border with Ukraine. http://www.marketwatch.com/story/us-stocks-futures-feel-the-weight-of-geopolitical-worries-2014-08-08