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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (45012)	10/1/2008 5:22:20 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70980

Text Size Sep.30 6:57 PM ET Pops & Drops: Intel, JPMorgan... Posted By:Lee Brodie Topics:Stock Market \| Stock Picks Companies:Crocs Inc \| Hartford Financial Services Group Inc \| Huntsman Corporation \| EZCORP Inc \| Sovereign Bancorp Inc \| JPMorgan Chase and Co \| Intel Corp Following are the day’s biggest winners and losers. Find out why shares of Intel and JPMorgan popped while The Hartford dropped. POPS (stocks that jumped higher) Intel (INTC) popped 7%. The world’s largest semiconductor maker received an upgrade to “buy” from “neutral” from Piper Jaffary, citing the company’s strong position and low valuation credit rating. – I like it, says Jeff Macke. JPMorgan (JPM) popped 14%. This bank along with the rest of the sector roared back as investors bet Washington would revive a plan to stabilize the U.S. financial sector. – I think this is a stock to own long term, counsels Joe Terranova. Dr. Pepper Snapple Group (DPS) popped 8%. The drink maker was selected to replace Wrigley in the S&P 500. – Nice day to be them, says Karen Finerman. Irish Stocks. Ireland’s stock market received a much needed boost after the government guaranteed the deposits and borrowings of six lenders. The government’s move was an effort to bolster the country’s stressed financial system. Sovereign Bank (SOV) popped 72%. After Monday’s 60% slide lower, the savings and loan said it was “well capitalized.” – I wouldn’t rush in but it was a nice day for this name, says Guy Adami. EZCorp (EZPW) popped 7%. The pawn broker moved higher along with the rest of the market. – Tough times call for tough pawn shops, exclaims Jeff Macke. Schlumberger (SLB) popped 6%. The CEO said global exploration and other factors should prove profitable long-term for the company. – I don’t think the oil story is over, says Joe Terranova. Hunstman Corp (HUN) popped 71%. A judge ruled it can force rival Hexion Specialty Chemicals to honor a $6.5 billion buyout agreement. DROPS (stocks that slid lower) The Hartford (HIG) dropped 18%. Fitch cut its credit rating to negative from stable. Crocs (CROX) dropped 3%. Even the promise of a bailout couldn't lift this retail name which is at the mercy of the weak consumer. Pops & Drops INTEL CORP INTC 18.73 1.46 +8.45% JPMORGAN CHAS... JPM 46.70 5.70 +13.9% DR PEPPER SNA... DPS 26.48 2.20 +9.06% SOVEREIGN BAN... SOV 3.95 1.62 +69.53% EZCORP INC EZPW 18.80 1.32 +7.55% SCHLUMBERGER ... SLB 78.09 4.34 +5.88% HUNTSMAN CORP HUN 12.60 5.25 +71.43% HARTFORD FINL... HIG 40.99 -9.01 -18.02% CROCS INCORPO... CROX 3.58 -0.09 -2.45% FAST MONEY // Latest Rapid Recap Get RSS Feed Go to Main Page