Market Maker Surveillance Report. BBD, MTG, S, INTC, AA, AFFX, Highest Net Buy Volume With Lowest Price Friction For Tuesday,
August 28, 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 4201 companies with "abnormal" market making, 2531 companies with positive Friction Factors and 2645 companies with negative Friction Factors. Here is a list of the top companies with the highest net buy volume on Tuesday and lowest price Friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Banco Bradesco SA (NYSE:BBD), MGIC Investment Corp (NYSE:MTG), Sprint Nextel Corp (NYSE:S), INTEL CORPORATION (NASDAQ:INTC), Alcoa Inc (NYSE:AA), Affymetrix Inc (NASDAQ:AFFX). 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 BBD $0.090 0.54% 4,164,480 47.94% 1,872,341 21.55% 2,292,139 254,682 MTG $0.020 1.36% 1,761,768 52.49% 859,128 25.59% 902,640 451,320 S $0.010 0.21% 11,911,080 37.79% 9,759,327 30.96% 2,151,753 2,151,753 INTC $0.210 0.85% 17,224,480 52.01% 15,750,412 47.56% 1,474,068 70,194 AA $0.040 0.47% 3,872,991 37.50% 3,015,147 29.19% 857,844 214,461 AFFX $0.040 1.07% 1,153,113 77.73% 330,301 22.27% 822,812 205,703Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net dollar gains (Change) and very low price friction in their stocks. 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 BBD with a Net Buy Volume of 2,292,139 shares and a Friction Factor of 254,682 shares. That means that it takes 254,682 more shares of buying than selling to move BBD higher by one penny. This means the Market Makers are allowing the stock to move up higher as of Tuesday (lower friction). And with one of the highest Net Buy Volumes, the combination of low friction and high net buy volume is bullish.
Banco Bradesco SA (NYSE:BBD) - Banco Bradesco S.A. provides a range of banking and financial products and services to individuals; large, small, and mid-sized companies; and local and international corporations and institutions. It operates in two business units, including Banking Services and Insurance Services, Pension Plans, and Certificated Savings Plans. The Banking Services business unit comprises deposit taking activities, including checking accounts, investment deposit accounts, savings accounts, time deposits, and interbank deposits; credit operations, such as individuals and companies, real estate financing, microcredit, onlending of BNDES resources, rural credit, and leasing; credit cards, debit cards, and pre paid cards; management of receipts, payments, human resources, and administrative support; asset management; services related to capital markets and investment banking activities; intermediation and trading services; custody, depositary, and controllership services; international banking services; and consortiums. The Insurance Services, Pension Plans, and Certificated Savings Plans unit offers various products and services, including life, personal accident, and random events insurance; health and dental care insurance; automobile insurance; property and casualty insurance; individual and corporate pension plans; certified savings plans; and pension investment contracts. As of December 31, 2009, Banco Bradesco S.A. operated a network of 3,454 branches, 30,657 ATMs, and 4,112 special banking service stations and outlets in Brazil. It also operated four branches and seven subsidiaries in New York, London, the Cayman Islands, the Bahamas, Japan, Hong Kong, Argentina, and Luxembourg. The company, formerly known as Banco Brasileiro de Descontos S.A., was founded in 1943 and is headquartered in Osasco, Brazil.
MGIC Investment Corp (NYSE:MTG) - MGIC Investment Corporation, through its subsidiary, Mortgage Guaranty Insurance Corporation, provides private mortgage insurance to the home mortgage lending industry in the United States. It provides primary insurance coverage that provides mortgage default protection on individual loans and covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. The companys primary insurance is written on first mortgage loans secured by owner occupied single-family homes, first liens secured by non-owner occupied single-family homes, and on vacation or second homes. MGIC Investments principal product, primary mortgage insurance is written through the flow market channel, in which loans are insured in individual and loan-by-loan transactions, as well as through the bulk market channel, in which portfolios of loans are individually insured in single, bulk transactions. It also provides various mortgage services for the mortgage finance industry, such as contract underwriting, portfolio retention, and secondary marketing of mortgage-related assets. In addition, the company provides Internet portal that enables mortgage originators to access products and services of wholesalers, investors, and vendors necessary to make a home mortgage loan, as well as provides Web site hosting, design, and marketing solutions for mortgage originators and real estate agents. It serves originators of residential mortgage loans, such as savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and various other lenders. The company was founded in 1984 and is headquartered in Milwaukee, Wisconsin.
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.
Alcoa Inc (NYSE:AA) - Alcoa, Inc. engages in the production and management of aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Flat-Rolled Products, and Engineered Products and Solutions. The Alumina segment engages in mining of bauxite, which is then refined into alumina. The Primary Metals segment produces aluminum. The Flat-Rolled Products segment engages in the production and sale of aluminum plate, sheet, and foil. The Engineered Products and Solutions segment produces and sells titanium, aluminum, and super alloy investment castings, hard alloy extrusions, forgings and fasteners, aluminum wheels, integrated aluminum structural systems, and architectural extrusions. Its products are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, and industrial applications. The company holds interests in bauxite mining activities. It operates primarily in the United States, Australia, Spain, Brazil, the Netherlands, Norway, France, Hungary, Italy, the United Kingdom, Russia, and Germany. Alcoa, Inc. was founded in 1888 and is based in New York, New York.
Affymetrix Inc (NASDAQ:AFFX) - Affymetrix, Inc. engages in the development, manufacture, sale, and servicing of consumables and systems for genetic analysis in the life sciences and clinical healthcare markets. The company offers integrated GeneChip microarray platform that includes disposable DNA probe arrays (chips) consisting of nucleic acid sequences, certain reagents for use with the probe arrays, a scanner and other instruments used to process the probe arrays, and software to analyze and manage genomic or genetic information obtained from the probe arrays. Its products are used in various applications, including genotyping and gene expression. The company sells its products directly to pharmaceutical, biotechnology, agrichemical, diagnostics, and consumer products companies; academic research centers; government research laboratories; private foundation laboratories; and clinical reference laboratories in North America and Europe, as well as through life science supply specialists acting as authorized distributors in Latin America, India, the Middle East, and the Asia Pacific regions, including the Peoples Republic of China. It has collaboration partnerships with Beckman Coulter, Inc.; CapitalBio Corporation; Life Technologies, Inc.; Genisphere LLC; and Qiagen GmbH. The company has operations in the United States, Europe, and Japan. Affymetrix, Inc. was founded in 1991 and is headquartered in Santa Clara, California.
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