Market Maker Surveillance Report. PSS, BSX, QCOM, S, INTC, ESIC, Bullishly Biased Price Friction For Wednesday, May 2nd 2012
May 2, 2012 / 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 3917 companies with "abnormal" market making, 2646 companies with positive Friction Factors and 2975 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. Collective Brands Inc (NYSE:PSS), BOSTON SCIENTIFIC CORP (NYSE:BSX), QUALCOMM INC (NASDAQ:QCOM), SPRINT NEXTEL CORP (NYSE:S), INTEL CORPORATION (NASDAQ:INTC), EasyLink Services International Corp (NASDAQ:ESIC). 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 PSS $0.090 0.43% 1,269,310 17.49% 2,873,819 39.60% -1,604,509 Abnormal BSX $0.030 0.48% 2,951,650 22.97% 4,358,403 33.91% -1,406,753 Abnormal QCOM $0.180 0.28% 4,501,460 43.39% 5,620,664 54.18% -1,119,204 Abnormal S $0.030 1.18% 14,570,906 33.75% 15,902,777 36.83% -1,331,871 Abnormal INTC $0.260 0.90% 19,526,036 48.52% 21,424,946 53.24% -1,898,910 Abnormal ESIC $0.740 11.64% 2,695,198 21.94% 9,587,675 78.06% -6,892,477 AbnormalAnalysis 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 PSS with 1,604,509 greater shares of selling than buying (NetVol) and the stock price was up $0.09000. 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.
Collective Brands Inc (NYSE:PSS) - Collective Brands, Inc. primarily engages in the wholesale and retail of footwear and related accessories worldwide. Its Payless ShoeSource stores offer footwear, including athletic, casual and dress shoes, sandals, work and fashion boots, slippers, and accessories, such as handbags, jewelry, and hosiery for women, children, and men. The companys Payless ShoeSource stores provide its products under the Airwalk, American Eagletm, Champion, Christian Siriano for Paylesstm, Dexter, and Lela Rose for Paylesstm brand names. It also involves in the wholesale of footwear in various retail formats, including premier department stores, specialty stores, and independent shoe stores primarily in North America. In addition, the company markets its products directly to consumers by selling childrens footwear through its Stride Rite Childrens stores; and a selection of its footwear and apparel through its Stride Rite Outlet stores and e-commerce sites. Further, it designs and markets nautical performance, outdoor recreational, dress-casual, and casual footwear for men and women under the Sperry Top-Sider and Sperry brand names; and technical running, athletic lifestyle, outdoor trail shoes, and fashion athletic shoes, as well as athletic apparel under the Saucony and Saucony Originals brand names; and fashion/athletic and casual footwear for adults and children under the Keds, Pro-Keds, and Grasshoppers labels. As of December 31, 2009, the company operated 4,833 retail stores. Additionally, it engages in the brand development and licensing business, specializing in building, launching, licensing, and growing brands focused on the youth lifestyle market, including Airwalk, Above the Rim, Vision Street Wear, Sims, and Lamar. The company was formerly known as Payless ShoeSource, Inc. and changed its name to Collective Brands, Inc. in August 2007. Collective Brands, Inc. was founded in 1956 and is headquartered in Topeka, Kansas.
BOSTON SCIENTIFIC CORP (NYSE:BSX) - Boston Scientific Corporation develops, manufactures, and markets medical devices used in various interventional medical specialties worldwide. It offers cardiac rhythm management products, which monitor the heart and deliver electricity to treat cardiac abnormalities; and RF generators, intracardiac ultrasound and steerable ablation catheters, and diagnostic catheters for the diagnosis and treatment of cardiac arrhythmias. The company also provides interventional cardiology products, such as coronary stent systems, coronary revascularization products to treat patients with atherosclerosis and intraluminal catheter-directed ultrasound imaging catheters and systems; vascular access products, balloon catheters, stents and peripheral vascular catheters, wires, and accessories, as well as products for peripheral embolization procedures; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease various forms of benign and malignant tumors. In addition, it offers coated and uncoated detachable coils, micro-delivery stents, micro-guidewires, micro-catheters, guiding catheters, and embolics to neuro-interventional radiologists and neurosurgeons to treat diseases of the neurovascular system; and endoscopy and interventional bronchoscopy products to diagnose and treat various digestive diseases, as well as pulmonary disease systems within the airway and lungs. Further, the company provides urology/womens health products to treat patients with urinary stone disease, benign prostatic hyperplasia, stress urinary incontinence, pelvic organ prolapse, and excessive uterine bleeding; and spinal cord stimulation system for the management of chronic intractable pain of the trunk and/or limbs. Boston Scientific Corporation markets its products through direct sales force, and a network of distributors and dealers. The company was founded in 1979 and is headquartered in Natick, Massachusetts with additional offices in Tokyo, Japan and Paris, France.
QUALCOMM INC (NASDAQ:QCOM) - QUALCOMM Incorporated engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services. The company operates in four segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), Qualcomm Wireless and Internet (QWI), and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies code division multiple access (CDMA)-based integrated circuits and system software for wireless voice and data communications, multimedia functions and global positioning system products. The QTL segment grants licenses to use portions of its intellectual property portfolio comprising patent rights useful in the manufacture and sale of wireless products, such as products implementing cdmaOne, CDMA2000, WCDMA, CDMA TDD, GSM/GPRS/EDGE, and/or OFDMA standards and their derivatives The QWI segment consists of Qualcomm Internet Services that provides content enablement services for the wireless industry and push-to-talk and other products and services for wireless network operators; Qualcomm Government Technologies, which offers development, hardware, and analytical services to the United States government agencies involving wireless communications technologies; Qualcomm Enterprise Services that provides satellite and terrestrial-based two-way data messaging, position reporting, wireless application services, and managed data services to transportation and logistics companies and other enterprise companies; and Firethorn, which builds and manages software applications that enable mobile commerce services. The QSI segment makes strategic investments to support the worldwide adoption of CDMA- and OFDMA-based technologies and services. QUALCOMM Incorporated primarily operates in China, South Korea, Taiwan, Japan, and the United States. The company was founded in 1985 and is based in San Diego, California.
SPRINT NEXTEL CORP (NYSE:S) - Sprint Nextel Corporation, through its subsidiaries, offers wireless and wireline communications products and services to individual consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. The companys Wireless segment provides data transmission services, including mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet management, dispatch services, and navigation tools; and mobile entertainment applications; and local and long distance wireless voice services, voicemail, call waiting, three-way calling, caller identification, directory assistance, and call forwarding services. This segment also provides customized design, development, implementation, and support services for wireless services provided to large companies and government agencies, as well as sells accessories, such as carrying cases, hands-free devices, batteries, battery chargers, and other devices and accessories to subscribers, agents, and other third-party distributors for resale. The companys Wireline segment offers voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, IP, managed network services, voice over Internet protocol, session initiated protocol, and traditional voice services, as well as offers wholesale voice local and long distance services. This segment markets and sells its services primarily through direct sales representatives. The company offers its wireless and wireline voice and data transmission services under the Sprint, Nextel, Boost Mobile, Virgin Mobile, Assurance Wireless, and Common Cents. Sprint Nextel Corporation was founded in 1899 and is headquartered in Overland Park, Kansas.
INTEL CORPORATION (NASDAQ:INTC) - Intel Corporation engages in the design, manufacture, and sale of integrated circuits for computing and communications industries worldwide. It offers microprocessor products used in notebooks, netbooks, desktops, servers, workstations, storage products, embedded applications, communications products, consumer electronics devices, and handhelds. The company also provides system on chip products that integrate its core processing functionalities with other system components, such as graphics, audio, and video, onto a single chip. In addition, it offers chipset products that send data between the microprocessor and input, display, and storage devices, including keyboard, mouse, monitor, hard drive, and CD, DVD, or Blu-ray drives; motherboards designed for desktop, server, and workstation platforms, and that has connectors for attaching devices to the bus; and wired and wireless connectivity products consisting of network adapters and embedded wireless cards used to translate and transmit data across networks. Further, the company provides NAND flash memory products primarily used in portable memory storage devices, digital camera memory cards, and solid-state drives; software products comprising operating systems, middleware, and tools used to develop, run, and manage various enterprise, consumer, embedded, and handheld devices; and software development tools that enable the creation of applications. Additionally, it develops computing platforms, which are integrated hardware and software computing technologies designed to offer an optimized solution. The company sells its products principally to original equipment manufacturers, original design manufacturers, PC components and other products users, and other manufacturers of industrial and communications equipment. It has a strategic alliance with Scientific Conservation Inc. Intel Corporation was founded in 1968 and is based in Santa Clara, California.
EasyLink Services International Corp (NASDAQ:ESIC) - EasyLink Services International Corporation provides value added services that facilitate the electronic exchange of documents and information between enterprises, their trading communities, and their customers. The companys services include electronic data interchange services, fax services, telex services, and other services that are integral to the movement of money, materials, products, and people, including documents, such as insurance claims, trade and travel confirmations, purchase orders, invoices, shipping notices, and funds transfers. Its services also comprise e-mail, document capture and management, and workflow services The company offers its services through a global Internet protocol network, which hosts its applications on enterprise-class platforms that comprises server and network operations centers. EasyLink Service International Corporation provides its services to customers in various industries, including professional services, financial services, manufacturing, mining, retail, distribution, freight services, insurance, and telecommunications. The company was formerly known as Internet Commerce Corporation and changed its name to EasyLink Services International Corporation in August 2007 as a result of its acquisition of EasyLink Services Corporation. EasyLink Services International Corporation was founded in 1991 and is based in Norcross, Georgia.
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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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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.
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