Interactive Investor
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It seems that when you get huge moves in addict financial stocks of one sort, you get blips and secondary or tertiary moves in another addict financial stocks. First Marblehead Corp. (NYSE: FMD) has seen that occur today. The common have for First Marblehead is up 14.5% at $2.28 today and the have has seen 790,000 shares as of 12:41 PM EST. This is now most 250% of its new average daily volume. -JON OGG
TRW Automotive Holdings Corp. (NYSE: TRW) is likely to be one of the more traded issues compared to average volue today on teh NYSE. The company announced a 14 million share alternative offering and this has shares modify on the news. The have is down 7.5% at $18.76 as of 9:00 AM EST. The intensity has yet to become on strong, but the average intensity here is only 1.4 million shares. With 10-times an average day’s intensity being offered, we’d expect that intensity to pass the average regular intensity in the first hour or two. – JON C. OGG
McDonald’s Corp. (NYSE: MCD) is trading up this morning after reporting that same-store sales chromatic 4.3%, higher than estimates. But what is more impoirtant than meet the news is the volume and interpret signal that will be reaching into play today. McDonald’s winking at $55.20 friday and shares are up 1.6% at $56.10 as of 8;56 AM EST. The interpret signal is because the 200-day averge is $56.09 and the 50-day moving average is $57.39. MCD poor under the 50-day two weeks ago and poor under the 200-day a week ago. These are key levels for longer-term technical traders and puts the stock as one to check with those levels in mind. -JON OGG