Market Maker Surveillance Report. STM, NOK, BAC, RSH, MSFT, CLWR, Bearishly Biased Price Friction For Tuesday, April 24th 2012
April 24, 2012 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. 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 Tuesday there were 3734 companies with "abnormal" market making, 3307 companies with positive Friction Factors and 2402 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. STMicroelectronics NV (NYSE:STM), Nokia Oyj (NYSE:NOK), BANK OF AMERICA CORPORATION (NYSE:BAC), RADIOSHACK CORP (NYSE:RSH), MICROSOFT CORPORATION (NASDAQ:MSFT), Clearwire Corp (NASDAQ:CLWR). 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 STM $-0.240 -4.03% 2,704,811 47.03% 1,174,099 20.42% 1,530,712 Abnormal NOK $-0.020 -0.55% 17,784,289 39.32% 15,727,070 34.77% 2,057,219 Abnormal BAC $-0.040 -0.49% 63,553,251 33.84% 55,849,015 29.74% 7,704,236 Abnormal RSH $-0.640 -10.72% 5,754,678 38.74% 3,521,042 23.70% 2,233,636 Abnormal MSFT $-0.190 -0.59% 21,045,751 52.20% 19,062,585 47.28% 1,983,166 Abnormal CLWR $-0.150 -9.68% 16,464,822 55.29% 13,312,644 44.71% 3,152,178 AbnormalAnalysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more buying than selling on Tuesday 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 STM with 1,530,712 greater shares of buying than selling (NetVol) and the stock price was down $-0.24000. 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.
STMicroelectronics NV (NYSE:STM) - STMicroelectronics N.V., an independent semiconductor company, engages in the design, development, manufacture, and marketing of a range of semiconductor integrated circuits and discrete devices. Its products include discrete and standard commodity components, application-specific integrated circuits, custom devices and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications. The company also offers subsystems and modules for the telecommunications, automotive, and industrial markets comprising mobile phone accessories, battery chargers, ISDN power supplies, and in-vehicle equipment for electronic toll payment, as well as provides Smartcard products. Its products are used in various microelectronic applications consisting of automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation, and control systems. The company sells its products through distributors and retailers. STMicroelectronics N.V. was founded in 1987 and is headquartered in Geneva, Switzerland.
Nokia Oyj (NYSE:NOK) - Nokia Corporation manufactures and sells mobile devices, and provides Internet and digital mapping and navigation services worldwide. Its Devices & Services segment develops and manages a portfolio of mobile devices; and services comprising applications and content. It also offers Internet services focusing on navigation, applications and games, music, and mail, as well as on the tools that enable developers to create applications under the Ovi brand name. The companys NAVTEQ segment provides various digital map information and related location-based content and services to mobile device and handset manufacturers, automobile manufacturers and dealers, navigation systems manufacturers, software developers, Internet portals, parcel and overnight delivery services companies, and governmental and quasi-governmental entities. Its map database enables its customers to offer advanced driver assistance systems, dynamic navigation, route planning, location-based services, and geographic information-based products and services to consumer and commercial users. Its Nokia Siemens Networks segment provides mobile and fixed network solutions and related services to operators and service providers. This segment offers various business solutions, such as consulting and systems integration; service management, and charging and billing software; and subscriber database management. It also provides managed services, including network planning, optimization, and network operations; software and hardware maintenance, proactive, and multi-vendor care, as well as competence development services; and project management, turnkey implementations, and energy efficient sites. In addition, this segment offers fixed and mobile network infrastructure comprising Flexi multiradio base stations, packet core products, optical transport systems, and broadband access equipment, as well as network solutions. Nokia Corporation was founded in 1865 and is based in Espoo, Finland.
BANK OF AMERICA CORPORATION (NYSE:BAC) - Bank of America Corporation, through its subsidiaries, provides banking and financial services to individuals, small- and middle-market businesses, corporations, and governments primarily in the United States and internationally. The companys Deposits segment generates savings accounts, money market savings accounts, certificate of deposits and IRAs, and checking accounts; and Global Card Services segment provides the U.S. consumer and business card, consumer lending, international card and debit card services. Its Home Loans & Insurance segment offers fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, reverse mortgages, home equity lines of credit, and home equity loans, as well as property, casualty, life, disability, and credit insurance. The companys Global Commercial Banking segment provides commercial loans and commitment facilities, real estate lending, leasing, trade finance, short-term credit, asset-based lending, and indirect consumer loans; and capital management and treasury solutions, such as treasury management, foreign exchange, and short-term investing options. Its Global Banking & Markets segment provides financial products, advisory services, financing, securities clearing, settlement, and custody services; debt and equity underwriting and distribution, merger-related advisory services, and risk management products; and integrated working capital management and treasury solutions. The companys Global Wealth & Investment Management segment offers advisory services, team-based investment advice and guidance, brokerage services, and wealth management solutions, as well as retirement services. Bank of America Corporation serves customers through a network of approximately 5,900 banking centers and 18,000 automated teller machines. The company was founded in 1874 and is based in Charlotte, North Carolina.
RADIOSHACK CORP (NYSE:RSH) - RadioShack Corporation engages in the retail sale of consumer electronic goods and services through its RadioShack store chain and non-RadioShack branded kiosk operations. Its products include postpaid and prepaid wireless handsets and communication devices, such as scanners and global positioning system (GPS) products; home entertainment, wireless, music, computer, video game, and GPS accessories; media storage, power adapters, digital imaging products, and headphones; home audio and video end-products, personal computing products, residential telephones, and voice over Internet protocol products; digital cameras, digital music players, toys, satellite radios, video gaming hardware, camcorders, and general radios; general and special purpose batteries and battery chargers; and wire and cable, connectivity products, components and tools, and hobby products. The company also provides consumers access to third-party services, such as wireless telephone activation, prepaid wireless airtime, and extended service plans. In addition, it manufactures various products, including telephones, antennas, wire, and cable products, as well as various hard-to-find parts and accessories for consumer electronics products. As of December 31, 2009, the company operated 4,476 company-operated stores under the RadioShack name located in the United States, as well as in Puerto Rico and the U.S. Virgin Islands; 562 kiosks located in the United States; 6 RadioShack service centers in the United States and 1 in Puerto Rico; and a network of 1,308 RadioShack dealer outlets. It also operated 204 stores under the RadioShack name and 10 dealer and 1 distribution center in Mexico. Further, the company sells its products through its Website, radioshack.com. RadioShack Corporation was founded in 1899 and is headquartered in Fort Worth, Texas.
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.
Clearwire Corp (NASDAQ:CLWR) - Clearwire Corporation, through its subsidiaries, builds and operates mobile broadband networks that provide high-speed residential and mobile Internet access services and residential voice services in communities in the United States. It offers wireless broadband and mobile broadband services, as well as voice over Internet protocol telephony services for homes and offices. The company also leases residential modems, as well as sells modems and personal computer cards. As of December 31, 2009, the company operated in 61 markets in the United States and Europe, covering an estimated 44.7 million people, and had approximately 642,000 retail and 46,000 wholesale subscribers. It markets its products and services directly to consumers, as well as through cellular retailers, consumer electronics stores, satellite television dealers, and computer sales and repair stores. Clearwire Corporation also markets its products and services through company-operated retail outlets. The company, formerly known as WiMAX Operations of Sprint Nextel Corporation, is headquartered in Kirkland, Washington. Clearwire Corporation operates as a subsidiary of Sprint HoldCo, LLC.
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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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