Stocks and Investing Stocks and Investing
Tue, February 8, 2011
Mon, February 7, 2011

Market Maker Surveillance Report. XLF, COP, MU, JPM, CNP, D, Bullishly Biased Price Friction For Monday, February 7th 2011


Published on 2011-02-07 17:51:26 - WOPRAI
  Print publication without navigation


February 7, 2011 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Monday. 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 Monday there were 2568 companies with "abnormal" market making, 3415 companies with positive Friction Factors and 1968 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. FINANCIAL SELECT SECTOR SPDR (NYSE:XLF), CONOCOPHILLIPS (NYSE:COP), MICRON TECHNOLOGY INC (NASDAQ:MU), JPMORGAN CHASE & CO (NYSE:JPM), CENTERPOINT ENERGY INC (NYSE:CNP), DOMINION RESOURCES INC/VA (NYSE:D). 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
     XLF        $0.230       1.40%        25,256,218      50.31%       27,466,212      54.71%       -2,209,994      Abnormal
     COP        $0.680       0.95%        2,724,783       27.98%       6,379,260       65.51%       -3,654,477      Abnormal
     MU         $0.290       2.62%        24,206,978      47.09%       26,973,242      52.47%       -2,766,264      Abnormal
     JPM        $0.810       1.82%        15,355,006      41.74%       17,642,608      47.95%       -2,287,602      Abnormal
     CNP        $0.200       1.24%        2,437,764       23.39%       7,469,378       71.66%       -5,031,614      Abnormal
     D          $0.030       0.07%        1,304,093       16.46%       6,331,123       79.92%       -5,027,030      Abnormal

Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more selling than buying on Monday 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 D with 5,027,030 greater shares of selling than buying (NetVol) and the stock price was up $0.03000. 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.

FINANCIAL SELECT SECTOR SPDR (NYSE:XLF) - FINANCIAL SEL SPD

CONOCOPHILLIPS (NYSE:COP) - ConocoPhillips operates as an integrated energy company worldwide. It operates through six segments: Exploration and Production (E&P), Midstream, Refining and Marketing (R&M), LUKOIL Investment, Chemicals, and Emerging Businesses. The E&P segment explores for, produces, transports, and markets crude oil, natural gas, natural gas liquids, and bitumen. It also mines deposits of oil sands in Canada to extract the bitumen and upgrade it into a synthetic crude oil. The Midstream segment gathers, processes, and markets natural gas; and fractionates and markets natural gas liquids in the United States and Trinidad. The R&M segment purchases, refines, markets, and transports crude oil and petroleum products, including gasoline, distillates, and aviation fuels. The LUKOIL Investment segment consists of 20% interest in OAO LUKOIL, an international integrated oil and gas company. The Chemicals segment manufactures and markets petrochemicals and plastics. It offers olefins and polyolefins, such as ethylene, propylene, and other olefin products; aromatics products, such as benzene, styrene, paraxylene, cyclohexane, polystyrene, and styrene-butadiene copolymers; and various specialty chemical products comprising organosulfur chemicals, solvents, catalysts, drilling chemicals, mining chemicals, and engineering plastics and compounds. The Emerging Businesses segment develops new technologies and businesses. It focuses on the power generation; and technologies related to conventional and nonconventional hydrocarbon recovery, refining, alternative energy, biofuels, and the environment. This segment also offers E-Gas, a gasification technology producing high-value synthetic gas. As of December 31, 2009, the company had 8.36 billion barrels of oil equivalent of proved reserves. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.

MICRON TECHNOLOGY INC (NASDAQ:MU) - Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR, DDR2, DDR3, and other specialty DRAM memory products, such as SDRAM, mobile DRAM, pseudo-static RAM, and reduced latency DRAM. The company also offers NAND flash memory products, which are electrically re-writeable and non-volatile semiconductor devices that retain content when power is turned off. Micron Technologys products are used in a range of electronic applications, including personal computers, workstations, network servers, mobile phones, flash memory cards, USB storage devices, digital still cameras, MP3/4 players, and in automotive applications. It sells its products to original equipment manufacturers and retailers through internal sales force, independent sales representatives, and distributors, as well as Web-based customer direct sales channel. Micron Technology, Inc. has joint ventures with Intel Corporation, Singapore Economic Development Board, Canon Inc., and Hewlett-Packard Company, Nanya Technology Corporation, and Photronics, Inc. The company was founded in 1978 and is headquartered in Boise, Idaho.

JPMORGAN CHASE & CO (NYSE:JPM) - JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The companys Investment Bank segment provides investment banking products and services, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, and prime brokerage and research. This segment serves corporations, financial institutions, governments, and institutional investors. Its Commercial Banking segment provides lending, treasury services, investment banking, and asset management services to corporations, municipalities, financial institutions, and not-for-profit entities. The companys Treasury and Securities Services segment offers transaction, investment, and information services. It also offers cash management, trade, wholesale card, and liquidity products and services to small and mid-sized companies, multinational corporations, financial institutions, and government entities. Its Asset Management segment provides investment and wealth management services to institutions, retail investors, and high-net-worth individuals. It also offers global investment management in equities, fixed income, real estate, hedge funds, private equity, and liquidity products, including money market instruments and bank deposits; and trust and estate, banking, and brokerage services, as well as retirement services. The companys Retail Financial Services segment offers retail banking and consumer lending services that include checking and savings accounts, mortgages, home equity and business loans, and investments through ATMs, online banking, and telephone banking, as well as auto dealerships and school financial-aid offices. Its Card Services segment issues credit cards and processes various credit card payments. JPMorgan Chase & Co. was founded in 1823 and is headquartered in New York, New York.

CENTERPOINT ENERGY INC (NYSE:CNP) - CenterPoint Energy, Inc., through its subsidiaries, operates as a public utility company in the United States. The companys Electric Transmission and Distribution segment provides transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2009, it owned 27,726 pole miles of overhead distribution lines and 3,729 circuit miles of overhead transmission lines; 20,080 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 230 substation sites with a capacity of 51,557 megavolt amperes. Its Natural Gas Distribution segment engages in regulated intrastate natural gas sales to, and natural gas transportation for approximately 3.2 million residential, commercial, and industrial customers. This segment also provides various unregulated services consisting of heating, ventilating, and air conditioning (HVAC) equipment and appliance repair; and sells HVAC, and hearth and water heating equipment in Minnesota. It owned approximately 70,700 linear miles of natural gas distribution mains. The companys Competitive Natural Gas Sales and Services segment offers physical natural gas supplies primarily to commercial and industrial customers, and electric and gas utilities; physical delivery services and financial products; natural gas management services; and transportation services. Its Interstate Pipelines segment primarily provides transportation services to shippers and end-users. It owned and operated approximately 8,000 miles of natural gas transmission lines; and 6 natural gas storage fields. The companys Field Services segment operates gas gathering, treating, and processing facilities, as well as provides operating and technical services, and remote data monitoring and communication services. CenterPoint Energy, Inc. was founded in 1882 and is based in Houston, Texas.

DOMINION RESOURCES INC/VA (NYSE:D) - Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. It operates in three segments: DVP, Dominion Generation, and Dominion Energy. The DVP segment includes regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and northeastern North Carolina. This segment also involves in non regulated retail energy marketing of electricity and natural gas. The Dominion Generation segment includes the electricity generation through coal, nuclear, gas, oil, and renewables; and related energy supply operations. It also comprises generation operations of the companys merchant fleet and energy marketing, and price risk management activities for these assets. The Dominion Energy segment includes the companys Ohio and West Virginia regulated natural gas distribution companies, regulated gas transmission pipeline and storage operations, natural gas gathering and by-products extraction activities, regulated LNG import and storage, and Appalachian exploration and production operations. It also provides producer services, which aggregates natural gas supply; engages in natural gas trading and marketing activities; and involves in natural gas supply management. The companys portfolio of assets includes approximately 27,500 MW of generation; 6,000 miles of electric transmission lines; 56,000 miles of electric distribution lines; 12,000 miles of natural gas transmission, gathering, and storage pipeline; and 21,700 miles of gas distribution pipeline. Dominion Resources, Inc. also owns approximately 942 bcf of storage capacity of natural gas and serves retail energy customers in 12 states. In addition, it sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. The company was founded in 1909 and is headquartered in Richmond, Virginia.

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

Contributing Sources