Market Maker Surveillance Report. SSTK, NUGT, JNUG, NVFY, ARGS, ETST, Losing Stocks With Lowest Price Friction For Monday, Feb
February 27, 2017 / 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 5428 companies with "abnormal" market making, 3610 companies with positive Friction Factors and 2562 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Monday and low price friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Shutterstock Inc. (NYSE:SSTK), Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT), Direxion Trust Shs Direxion Daily Junior Gold Miners Index Bull 3X ETF (NYSE:JNUG), Nova Lifestyle Inc. (NASDAQ:NVFY), Argos Therapeutics (NASDAQ:ARGS), EARTH SCIENCE TECH (OTC:ETST). 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 SSTK $-8.620 -0.17% 1,425,267 35.79% 1,436,364 36.07% -11,097 -13 NUGT $-1.860 -0.17% 23,224,139 36.67% 24,490,431 38.67% -1,266,292 -6,808 JNUG $-3.010 -0.29% 31,966,957 38.60% 35,739,051 43.15% -3,772,094 -12,532 NVFY $-0.430 -0.19% 381,947 38.92% 433,707 44.20% -51,760 -1,204 ARGS $-0.180 -0.15% 878,173 33.66% 1,115,231 42.75% -237,058 -13,170 ETST $-0.440 -0.16% 26,122 35.52% 46,027 62.59% -19,905 -452Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net dollar losses (Change) and extremely 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 SSTK with a dollar loss Monday of $-8.62000 and a Friction Factor of -13 shares. That means that it only took 13 more shares of selling than buying to move SSTK lower by one penny. This means the Market Makers are allowing the stock to drop quickly (low friction). The combination of low friction and negative market direction can drive prices lower faster than normal.
Shutterstock Inc. (NYSE:SSTK) - SWEEPSTAKES NEWS INC.
Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT) - .
Direxion Trust Shs Direxion Daily Junior Gold Miners Index Bull 3X ETF (NYSE:JNUG) - .
Nova Lifestyle Inc. (NASDAQ:NVFY) - .
Argos Therapeutics (NASDAQ:ARGS) - .
EARTH SCIENCE TECH (OTC:ETST) - .
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