Market Maker Surveillance Report. TEF, CMCSA, C, MSFT, AGNC, BBVA, Bearishly Biased Price Friction For Monday, March 5th 2012
March 5, 2012 / 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 3570 companies with "abnormal" market making, 2317 companies with positive Friction Factors and 3755 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bearish bias) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped. Telefonica SA (NYSE:TEF), COMCAST CORP-CLASS A (NASDAQ:CMCSA), CITIGROUP INC (NYSE:C), MICROSOFT CORPORATION (NASDAQ:MSFT), American Capital Agency Corp (NASDAQ:AGNC), BANCO BILBAO VIZCAYA-SP ADR (NYSE:BBVA). 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 TEF $-0.070 -0.41% 2,824,730 62.48% 779,791 17.25% 2,044,939 Abnormal CMCSA $-0.220 -0.74% 7,467,653 56.26% 5,803,971 43.73% 1,663,682 Abnormal C $-0.430 -1.26% 10,672,048 32.24% 7,947,489 24.01% 2,724,559 Abnormal MSFT $-0.280 -0.86% 24,424,853 51.83% 22,937,584 48.67% 1,487,269 Abnormal AGNC $-0.830 -2.66% 7,032,220 56.41% 5,414,980 43.44% 1,617,240 Abnormal BBVA $-0.170 -1.88% 2,306,368 80.87% 221,248 7.76% 2,085,120 AbnormalAnalysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more buying than selling on Monday and their stock prices dropped. 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 TEF with 2,044,939 greater shares of buying than selling (NetVol) and the stock price was down $-0.07000. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more buying than selling should cause prices to rise.
Telefonica SA (NYSE:TEF) - Telefonica, S.A. provides fixed and mobile telephony services primarily in Spain, rest of Europe, and Latin America. Its fixed telecommunication services include PSTN lines; ISDN accesses; public telephone; local, domestic, and international long distance and fixed-to-mobile communications; corporate communications; video telephony; supplementary and business-oriented value-added services; network services; leasing and sale of handset equipment; and telephony information services. The companys Internet and broadband multimedia services comprise Internet service provider service; portal and network services; retail and wholesale broadband access; narrowband switched access to Internet; naked ADSL, a broadband connection; residential-oriented value-added services; companies-oriented value-added services; television services, such as IPTV, cable television, and satellite television; and Fiber to the Home, a service for high speed Internet access and digital video recording. Its data and business-solutions services principally include leased lines; virtual private network services; fiber optics services; the provision of hosting and application; outsourcing and consultancy services; desktop services; and system integration and professional services. The companys wholesale services for telecommunication operators primarily comprise domestic interconnection services; international wholesale services; leased lines for other operators network deployment; local loop leasing under the unbundled local loop regulation framework; and bit stream services. It also offers various mobile and related services and products that include mobile voice services, value added services, mobile data and Internet services, wholesale services, corporate services, roaming, fixed wireless, and trunking and paging services. The company has a strategic alliance with China Unicom (Hong Kong) Limited. Telefonica, S.A. was founded in 1924 and is headquartered in Madrid, Spain.
COMCAST CORP-CLASS A (NASDAQ:CMCSA) - Comcast Corporation, together with its subsidiaries, provides consumer entertainment, information, and communication products and services to the residential and commercial customers in the United States. The company operates in two segments, Cable and Programming. The Cable segment manages and operates cable systems, including video, high-speed Internet, and phone services, as well as regional sports and news networks. Its video services include analog, digital, on demand, and high-definition television and/or digital video recorders. This segments high-speed Internet service consists of an interactive portal, Comcast.net, which provides multiple email addresses and online storage, as well as various proprietary content, and value-added features and enhancements. Its phone services include voice over Internet protocol digital phone service that provides local and domestic long-distance calling with various features, such as voice mail, caller ID, and call waiting services. The Programming segment operates national programming networks consisting of E!, The Golf Channel, VERSUS, G4, and Style. The company also develops and operates Internet businesses focused on entertainment, information, and communication, including Comcast.net, Fancast, thePlatform, Fandango, Plaxo, and DailyCandy; and owns two professional sports teams and a multipurpose arena, as well as provides facilities management services, including food services, for sporting events, concerts, and other events. As of December 31, 2009, Comcast Corporation served approximately 23.6 million video customers, 15.9 million high-speed Internet customers, and 7.6 million phone customers, as well as approximately 50.6 million homes in 39 states and the District of Columbia. The company was founded in 1969 and is based in Philadelphia, Pennsylvania.
CITIGROUP INC (NYSE:C) - Citigroup, Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services. The company operates through two segments, Citicorp and Citi Holdings. The Citicorp segment operates as a global bank for businesses and consumers with two primary businesses, Regional Consumer Banking and Institutional Clients Group. The Regional Consumer Banking business provides traditional banking services, including retail banking, and branded cards in North America, Asia, Latin America, Europe, the Middle East, and Africa. The Institutional Clients Group business provides securities and banking services comprising investment banking and advisory services, lending, debt and equity sales and trading, institutional brokerage, foreign exchange, structured products, cash instruments and related derivatives, and private banking; and transaction services consisting of treasury and trade solutions, and securities and fund services. The Citi Holdings segment operates Brokerage and Asset Management, Local Consumer Lending, and Special Asset Pool businesses. The Brokerage and Asset Management Business, through its 49% stake in Morgan Stanley Smith Barney joint venture and Nikko Cordial Securities, offers retail brokerage and asset management services. The Local Consumer Lending business provides residential mortgage loans, retail partner card loans, personal loans, commercial real estate, and other consumer loans, as well as western European cards and retail banking services. The Special Asset Pool business is a portfolio of securities, loans, and other assets. Citigroup Inc. has approximately 200 million customer accounts and operates in approximately 160 countries. The company was founded in 1812 and is based in New York, New York.
MICROSOFT CORPORATION (NASDAQ:MSFT) - Microsoft Corporation develops, manufactures, licenses, and supports a range of software products and services for various computing devices worldwide. The companys Windows & Windows Live Division segment offers Windows operating system, Windows Live, and Internet Explorer. It offers Windows operating system, which include Windows 7, Windows Vista, and Windows XP Home, as well as Windows Live suite of applications and Web services. Microsofts Server and Tools segment provides Windows Server operating systems, Windows Azure, Microsoft SQL Server, SQL Azure, Visual Studio, Silverlight, System Center products, Biz Talk server, Microsoft consulting services, and product support services. This segment also provides enterprise consulting and product support services; and training and certification to developers and information technology professionals, as well as builds standalone and software development lifecycle tools for software architects, developers, testers, and project managers. The companys Online Services Division segment offers online information products, such as Bing, MSN portals, and channels; and an online advertising platform for publishers and advertisers. Microsofts Microsoft Business Division segment offers Microsoft Office, Microsoft SharePoint, and Microsoft Dynamics ERP and CRM, as well as Microsoft Office Web Apps. The companys Entertainment and Devices Division segment develops, produces, and markets the Xbox 360 platform; PC software games; online games and services; Mediaroom, an Internet protocol television software; Windows Phone and Windows Embedded device platforms; the Zune digital music and entertainment platform; and application software for Apples Macintosh computers, Microsoft PC hardware products, and other devices. This segment also involves in retail and marketing of packaged versions of the Microsoft Office system and the Windows operating systems. Microsoft was founded in 1975 and is headquartered in Redmond, Washington.
American Capital Agency Corp (NASDAQ:AGNC) - American Capital Agency Corp. (AGNC) operates as a real estate investment trust (REIT). It invests in agency pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government sponsored entities. The company funds its investments primarily through short-term borrowings structured as repurchase agreements. It has elected to be taxed as a REIT under the Internal Revenue Code of 1986. As a REIT, the company would not be subject to U.S. federal or state corporate taxes on its taxable net income to the extent that the company distributes its annual taxable net income to its stockholders. AGNC is externally managed and advised by American Capital Agency Management, LLC, a subsidiary of a wholly-owned portfolio company of American Capital, Ltd., an alternative asset manager included in the S&P 500. The company was founded in 2008 and is based in Bethesda, Maryland.
BANCO BILBAO VIZCAYA-SP ADR (NYSE:BBVA) - Banco Bilbao Vizcaya Argentaria, S.A. engages in retail banking, asset management, private banking, and wholesale banking businesses in Spain and internationally. It offers banking services and consumer finance to private individuals, enterprises, and institutions; customer deposits, paycheck and pension deposits, and term deposits; loans and advances, mortgages for first time home buyers, and credit cards; and mutual and pension funds management, asset planning, and wealth management services. The company also provides medium and long-term financing, treasury accounts management, and advisory services; online banking and vehicle renting services; and direct insurance, reinsurance, and insurance brokering services through various insurance companies. In addition, it coordinates origination, distribution, and management of corporate and investment banking products; provides global trade finance and transaction services; and engages in handling the origination, structuring, distribution, and risk management of capital market products. Further, the company provides residential real estate loans, indirect auto dealer and student lending services, checking accounts, and interest-bearing checking accounts. It serves individual customers, high net-worth individuals, small and medium enterprises, large companies, institutions, developers, professional service firms, and retailers. The company has a strategic alliance with the CITIC Group. Banco Bilbao Vizcaya Argentaria was founded in 1988 and is based in Bilbao, Spain.
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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"
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Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.
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