Market Maker Surveillance Report. NVAX, XLU, SWN, SIRI, POT, GPT, Bullishly Biased Price Friction For Thursday, October 13th 2
October 13, 2016 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday. 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 Thursday there were 5451 companies with "abnormal" market making, 1991 companies with positive Friction Factors and 4099 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. Novavax Inc. (NASDAQ:NVAX), Utilities Select Sector SPDR (NYSE:XLU), Southwestern Energy Co. (NYSE:SWN), Sirius XM Holdings Inc. (NASDAQ:SIRI), Potash Corporation of Saskatchewan Inc. (NYSE:POT), Gramercy Property Trust Inc. (NYSE:GPT). 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 NVAX $0.010 0.01% 2,946,852 28.55% 5,290,607 51.25% -2,343,755 Abnormal XLU $0.590 0.01% 6,801,812 21.55% 9,982,148 31.63% -3,180,336 Abnormal SWN $0.280 0.02% 4,795,234 26.74% 7,282,124 40.61% -2,486,890 Abnormal SIRI $0.010 0.00% 16,663,364 38.81% 19,948,476 46.46% -3,285,112 Abnormal POT $0.090 0.01% 1,947,655 20.61% 4,315,861 45.67% -2,368,206 Abnormal GPT $0.420 0.05% 1,167,866 23.43% 3,046,002 61.11% -1,878,136 AbnormalAnalysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more selling than buying on Thursday 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 NVAX with 2,343,755 greater shares of selling than buying (NetVol) and the stock price was up $0.01000. 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.
Novavax Inc. (NASDAQ:NVAX) - Novavax, Inc., a clinical-stage vaccine company, focuses on discovering, developing, and commercializing recombinant nanoparticle vaccines and adjuvants. The company produces its vaccines using its proprietary recombinant nanoparticle vaccine technology. Its product pipeline includes respiratory syncytial virus (RSV) vaccine candidates for elderly and maternal immunization that are in Phase III clinical trials, as well as pediatric RSV candidate, which is in Phase I clinical trial; seasonal quadrivalent influenza and pandemic H7N9 vaccines, which are in Phase II clinical trials; vaccine candidate against Ebola Virus that is Phase I clinical trial, as well as combination respiratory vaccine candidate and seasonal influenza vaccine candidate that is in pre-clinical trial; and rabies G protein vaccine candidate, which is in Phase I/II clinical trial. The company also has pre-clinical stage programs for various infectious diseases, including the Middle East respiratory syndrome coronavirus; and develops technology for the production of immune stimulating saponin-based adjuvants. Novavax, Inc. was founded in 1987 and is headquartered in Gaithersburg, Maryland..
Utilities Select Sector SPDR (NYSE:XLU) - UTILITIES SEL SPD.
Southwestern Energy Co. (NYSE:SWN) - Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas..
Sirius XM Holdings Inc. (NASDAQ:SIRI) - Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic and weather reports for 21 metropolitan markets. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones and tablet computers. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, stolen or parked vehicle locator services, and monitoring of vehicle emission systems. The company also sells satellite and Internet radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation..
Potash Corporation of Saskatchewan Inc. (NYSE:POT) - Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers, and related industrial and feed products worldwide. It operates in three segments: Potash, Nitrogen, and Phosphate. The company s products primarily include standard and granular potash; diammonium phosphate, monoammonium phosphate, and phosphoric acid; and ammonia, urea, nitric acid, ammonium nitrate, and nitrogen solutions, as well as purified acids and metal finishing products. It owns and operates five potash mines in Saskatchewan and one potash mine in New Brunswick. The company sells its products to wholesalers, retailers, and cooperatives. Potash Corporation of Saskatchewan Inc. was founded in 1953 and is headquartered in Saskatoon, Canada..
Gramercy Property Trust Inc. (NYSE:GPT) - GreenPoint Financial Corp. (GreenPoint) is a bank holding company that conducts business through its subsidiaries, GreenPoint Mortgage (GPM) and GreenPoint Bank (the Bank). GPM originates a variety of exclusively A quality loans. This includes agency qualifying loans and Jumbo A loans, and GreenPoint's specialty Alternative A mortgages. GPM originates both adjustable- and fixed-rate mortgage loans, primarily through a network of mortgage brokers, mortgage bankers, attorneys and other real estate professionals and, to a lesser extent, from customers and members of the local communities in GreenPoint's lending area. The Bank is a state-chartered savings bank and a thrift depository in the Greater New York area with 90 branches serving more than 450,000 households. The Bank continues to attract retail deposits from the general public and invests those deposits, together with funds generated from operations, in loans and marketable securities. On February 16, 2004, an agreement and plan of merger, dated February 15, 2004, by and between North Fork Bancorporation, Inc. and GreenPoint was announced. The agreement provides that North Fork will acquire GreenPoint in an all-stock transaction. The agreement is expected to be completed in late-2004.
GreenPoint Community Development Corp. (GPCDC) was organized in 1993 as a for-profit community development subsidiary of the Company. GPCDC's focus is primarily on special lending programs, development opportunities and assistance, consulting and other activities that promote the objective of greater access to affordable housing for low-and moderate-income persons residing in the areas served by the Company. In December 2001, GreenPoint formally adopted a plan to discontinue the manufactured housing lending business, which is conducted through its subsidiary GreenPoint Credit, LLC. (GPC) The plan of discontinuation included the decision to cease accepting loan applications and to fund only loans pertaining to existing loan commitments at the time the plan was adopted. The Company will continue to honor its contractual commitments to service its loan portfolio. At December 31, 2003, GPC serviced approximately 312,600 manufactured housing loans with an outstanding principal balance of $9.7 billion.
The Bank's primary sources of funds are deposits, federal funds purchased and overnight Federal Home Loan Bank (FHLB) advances, FHLB term advances, loan sales and securitizations, payments on loans, mortgage backed and other debt securities, maturities and redemptions of investment securities and borrowings under repurchase agreements. In addition, the Company has supplemented its funding sources through the prior acquisition of investment grade credit ratings from three credit rating agencies. Obtaining investment grade credit ratings has afforded the Company the ability to access the investment grade debt markets.
Mortgage Banking Activities
The Company, through its mortgage banking subsidiary, GPM, is in the business of originating, selling, securitizing and servicing mortgage loans secured primarily by one- to four-family residences. Also, certain loans originated by GPM are retained in the Bank's loan portfolio. As a specialty mortgage lender. GPM considers high-credit quality borrowers to be those, whose credit scores equal or exceed levels required for the sale or exchange of their mortgage loans through the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLM) (collectively the Agencies). The specialized mortgage loans targeted by GPM provide a relatively greater spread (greater interest and other income to the originator relative to the cost associated with funding and selling the mortgage loans), compared to other mortgage loans that present a similar credit risk.
GPM offers a range of mortgage loan products in order to provide maximum flexibility to borrowers and third-party mortgage brokers and other entities through which it originates mortgage loans. These products include conforming agency mortgage loans, non-conforming .
About BUYINS.NET
BUYINS.NET, http://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" Naked Shorts (RegSho) - 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 Earnings - 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 Correlation - Tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups SqueezeTrigger - Massive database that 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. Valuation - Tracks all known valuation models and applies them. GATS - Tracks and quantifies known trading strategies by backtesting, optimizing and running genetic algorithms and neural networks to ascertain best trading strategies. PatternScan - Automates tracking of every technical pattern and predicts next move in stocks. Insider - Tracks insiders trading records and determines trading performance. Trades by higher-level insiders are generally more predictive than trades by lower level insiders Events - Tracks patterns directly correlated to specific events.
SqueezeTrigger is a registered trademark, Reg. No. 3,120,641
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. [symbol] has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.
Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net