Market Maker Surveillance Report. XLI, GE, XLV, IWM, XLF, XING, Bullishly Biased Price Friction For Wednesday, January 5th 201
January 5, 2011 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Wednesday there were 2504 companies with "abnormal" market making, 3314 companies with positive Friction Factors and 2045 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. INDUSTRIAL SELECT SECT SPDR (NYSE:XLI), GENERAL ELECTRIC CO (NYSE:GE), HEALTH CARE SELECT SECTOR (NYSE:XLV), ISHARES RUSSELL 2000 (NYSE:IWM), FINANCIAL SELECT SECTOR SPDR (NYSE:XLF), QIAO XING UNIVERSAL RESOURCE (NASDAQ:XING). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
Market Maker Friction Factor is shown in the chart below:
Symbol Change Percent Buy Volume Buy %% Sell Volume Sell %% Net Volume Friction XLI $0.160 0.46% 3,887,171 39.23% 7,241,460 73.09% -3,354,289 Abnormal GE $0.060 0.32% 22,081,793 43.21% 24,727,366 48.39% -2,645,573 Abnormal XLV $0.010 0.03% 3,463,043 43.49% 5,637,555 70.80% -2,174,512 Abnormal IWM $0.810 1.03% 21,892,632 46.51% 24,802,902 52.69% -2,910,270 Abnormal XLF $0.200 1.20% 52,035,694 53.61% 57,586,075 59.32% -5,550,381 Abnormal XING $0.480 16.22% 18,138,145 47.06% 20,281,962 52.63% -2,143,817 Abnormal
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more selling than buying on Wednesday and their stock prices rose. The Friction Factor displays how many more shares of buying than selling are required to move a stock higher by one cent or how many more shares of selling than buying moves a stock lower by 1 cent.
For example, the chart above shows XING with 2,143,817 greater shares of selling than buying (NetVol) and the stock price was up $0.48000. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more selling than buying should cause prices to drop.
INDUSTRIAL SELECT SECT SPDR (NYSE:XLI) - INDUSTRIAL SPDR
GENERAL ELECTRIC CO (NYSE:GE) - General Electric Company (GE) operates as a technology, media, and financial services company worldwide. Its Energy Infrastructure segment produces gas, steam, and aero derivative turbines; generators; combined cycle systems; and renewable energy solutions, as well as provides water treatment services and equipment. This segment also sells surface and subsea drilling and production systems, floating production platform equipment, compressors, turbines, turboexpanders, and high pressure reactors to oil and gas companies, as well as provides related services. The companys Technology Infrastructure segment manufactures jet engines, turboprop and turbo shaft engines, and its replacement parts for use in military and commercial aircraft, as well as provides repair and maintenance services. This segment also produces healthcare products, including diagnostic imaging systems; offers transportation products and maintenance services; provides enterprise solutions using sensors for temperature, pressure, moisture, gas and flow rate, as well as non-destructive testing inspection equipment. GEs NBC Universal segment engages in the production and distribution of films and television programs; operation of television stations and cable/satellite television networks, as well as theme parks. The companys Capital Finance segment offers commercial lending and leasing products to manufacturers, distributors, and end-users of equipment and capital assets; consumer financial services to consumers and retailers; capital and investment solutions for real estate; commercial finance to the energy and water industries; and commercial aircraft leasing and finance, and fleet and financing solutions. Its Consumer & Industrial segment produces various home appliances, lighting products, and electrical equipment and control products, as well as provides related services. The company was founded in 1892 and is based in Fairfield, Connecticut.
HEALTH CARE SELECT SECTOR (NYSE:XLV) - Health Care Select
ISHARES RUSSELL 2000 (NYSE:IWM) - ISHARE RUS 2000 I
FINANCIAL SELECT SECTOR SPDR (NYSE:XLF) - FINANCIAL SEL SPD
QIAO XING UNIVERSAL RESOURCE (NASDAQ:XING) - Qiao Xing Universal Resources, Inc. operates as an emerging resources company in China. The company, through its subsidiary, China Luxuriance Jade Company, Ltd, owns the rights to receive the expected residual returns from Chifeng Haozhou Mining Co., Ltd., a copper-molybdenum poly-metallic mining company in Inner Mongolia, China. Previously, it was engaged in telecommunication terminal products business and changed its focus to the resources industry in 2007. The company was formerly known as Qiao Xing Universal Telephone, Inc. and changed its name to Qiao Xing Universal Resources, Inc. in May 2010. Qiao Xing Universal Resources, Inc. was founded in 1992 and is headquartered in Huizhou, China.
About BUYINS.NET
BUYINS.NET, www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:
REGULATORY & COMPLIANCE NEWS
Friction Factor -- market maker surveillance system tracking Level II market makers in all stocks to determine Price Friction and compliance with new "Fair Market Making Requirements"
RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO
INVESTMENTS & TRADING
SqueezeTrigger -- 29 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.
Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.
Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.
Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.
Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.
GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.
DISCLAIMER:
BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BUYINS.NET has not been compensated by any of the above mentioned companies. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.
Contact:
BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net www.buyins.net