~Good Evening Traders, LTNC had another record volume day today closed +8% @ .32, DBMM made a 40% move, PDRL made a 35% move before settling back down, lots of chatter on bottom play MNVN .0007 x .0008 we are watching as well.
Biggest OTC % Gainers/OTC % Losers /Top OTC Volume Movers 12/03 close: http://huntforthenext10bagger.com/biggest-otc-movers
Nasdaq Scans 12/03:
Active Options 12/03:
After-hours buzz: Bob Evans, J.C. Penney & more
Bob Evans Farms The operator of Bob Evans and general stores Analysts expected earnings per share of 55 cents on revenue of $340 million.
Guidewire Software The maker of insurance software reported fiscal first-quarter earnings of 1 cent a share on revenue of $66.5 million, surpassing estimates of an earnings per share loss of 16 cents on revenue of $63 million.
United Natural Foods The distributor of specialty foods posted diluted earnings per share of 56 cents on sales of $1.6 billion, versus expectation of earnings per share of 54 cents on revenue of $1.6 billion. Its shares edged higher in extended-hours trade.
J.C. Penney The retailer reported comparable-store sales rose 10.1 percent in November from the prior year, and said it was pleased with its performance over the Thanksgiving holiday week. Its shares were up nearly 4 percent in after-hours trading.
OmniVision Technologies reported quarterly revenue and earnings that beat estimates, but its shares declined in after-hours trading after the maker of sensors for mobile cameras projected current-quarter results below expectations.
U.S. stocks fall for third day on taper worries
NEW YORK (MarketWatch) — U.S. stocks fell Tuesday, with the S&P 500 and the Dow Jones Industrial Average falling for a third straight day on uncertainty over when the Federal Reserve will begin to scale back stimulus and self-fulfilling fears the market was overdue for a pullback from record levels.
The Dow Jones Industrial Average (DJI:DJIA) dropped more than 100 points during the session before settling at 15,914.62, down 94.15 points, or 0.6%, taking it well below the psychologically important 16,000 level. The drop was the index’s biggest one-day decline since Nov. 7.
The S&P 500 (SNC:SPX) lost 5.75 points, or 0.3%, to 1,795.15 and the Nasdaq Composite (NASDAQ:COMP) declined 8.06 points, or 0.2%, to 4,037.20. http://investorshub.advfn.com/boards/post_reply.aspx?message_id=94621669
2:09pm $LTNC ripping .30 x .32 here comes record volume
Gold priceswaver after drop near five-month low
SAN FRANCISCO (MarketWatch) — Gold futures seesawed Tuesday between minor losses and gains after a sharp drop in the previous session to their lowest settlement since early July.
Meanwhile, analysts at UBS slashed their 2014 price forecasts for both gold and silver, citing few positive catalysts in the medium term and given that tapering of the Federal Reserve’s quantitative-easing program may potentially start in January.
Gold for February delivery (CNS:GCG4) was up $1.50, or 0.1%, to $1,223.40 an ounce on the Comex division of the New York Mercantile Exchange after touching lows below $1,250.
On Monday, prices had settled at their lowest level since July 5. March silver (CNS:SIH4) fell 12 cents, or 0.6%, to $19.165 an ounce. http://www.marketwatch.com/story/no-gold-bounce-as-economic-data-shine-2013-12-02?link=MW_home_latest_news
Cyber Monday hits record of $2.29 billion
After online sales topped $1 billion for the first time on Thanksgiving day, Cyber Monday sales managed to deliver their own record as well, with the help of retailers like Wal-Mart WMT promising a broad assortment of deals and lowered shipping threshold and Amazon AMZN unveiling new deals every 10 minutes.
Online sales on Monday rose 16% to $2.29 billion year-to-year, the fifth day of record-breaking Web sales, according to Adobe’s Digital Index. Online-only retailers generated the most sales on Cyber Monday, with a 42% share, beating physical retailers and brand manufacturers. Retailers won 10% of their holiday online sales alone in the past five days, an increase of 26%, according to Adobe.
Mobile again flexed its muscle, with purchases from mobile devices surging 80%. Smartphones and tablets drove $419 million in online sales on Monday, also a record. Apple’s iPad, itself the biggest Black Friday winner in terms of what consumers wanted to buy, was the tablet most consumers used to make online purchases. Interestingly, Alaska and Hawaii generated 26.6% of online sales from mobile devices, above the 18% national average, according to Adobe.
On the social media front, Twitter’s share of referral traffic grew 24% to 9% of total Web sales, while Pinterest also increased its share of referral traffic by 17%. http://blogs.marketwatch.com/behindthestorefront/2013/12/03/cyber-monday-hits-record-of-2-29-billion/
10:26am getting above normal volume again!
9:42am .06 x .063 churning slowly North
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Watchlist Play PRDL .002 News: Profitable Developments, Inc. Signs LOI for Multi-Million Dollar Five Star Resort Marketwire ”Press Releases”
NEW YORK, NY — (Marketwired) — 12/03/13 — Profitable Developments, Inc. (OTC Pink: PRDL) (“Profitable Developments” or the “Company”), an international property development company, today announced that it has signed a Letter of Intent for a resort property on the exclusive Sal Island in Cape Verde .
The 5 Star Award Winning resort is a high quality property boasting modern facilities and luxury amenities. Unlike most properties currently under development in this area, Profitable Developments has aligned itself with a property that is ‘rent-ready’; where all of the units are completely finished and ready for occupancy and revenue generation.
“We have been working very closely with our global real estate partner to find high value opportunities, in stable but emerging regions of the world, where infrastructure is intact,” stated Carl Grant , President of Profitable Developments. ” Sal Island in Cape Verde is one of those opportunities. PRDL’s potential for growth here is significant.”
Early stage development within the Cape Verde region means significant growth potential for ‘First-Movers’ in the area. Having recently been upgraded to a ‘middle-income’ economy, this area demonstrates a good deal of growing stability as Cape Verde ultimately seeks entry into the European Union . Add an increase of tourists due to regular flights into Cape Verde from most European cities, and it becomes apparent why this emerging market was ranked number three on Lonely Planet’s 2011 list of ‘Top 10 Countries to Visit.’
Mr. Grant concluded, “Opportunities such as the resort property in Sal Island affords us greater flexibility as a property development company; leaving our land and property options open to real and sustainable growth. We are extremely excited to continue forward to the next stage of this project.”
Ford, General Motors are Tuesday’s stocks to watch
Auto sales aided by delayed purchases on shutdown, Black Friday http://huntforthenext10bagger.com/stockearnings
Dow set to open below 16,000; Apple rises
NEW YORK (MarketWatch) — U.S. stock futures dropped on Tuesday, undercut by escalating concerns the Federal Reserve could move to scale back its bond-buying program soon.
Shares of Apple Inc. (NASDAQ:AAPL) rose in premarket trade after a broker upgrade, while auto makers such as Ford Motor Co. (NYSE:F) and General Motors Co. (NYSE:GM) could react to sales numbers. See stocks to watch.
Futures on the Dow Jones Industrial Average (CBE:DJZ3) fell 62 points, or 0.4%, to 15,936, indicating the index could open below the psychologically important 16,000 level.
S&P 500 index futures (GLC:SPZ3) lost 4.7 points, or 0.3%, to 1,795. Nasdaq 100 futures (GLC:NDZ3) fell 4 points to 3,479.
“The market has been a little confused over the last 24 hours, not helped by the stronger-than-expected ISM [manufacturing index on Monday] providing further fuel to the December taper flame,” Jim Reid, strategist at Deutsche Bank, wrote in a note.
The better-than-expected rise in the Institute for Supply Management’s manufacturing index raised worries that the Federal Reserve may scale back, or taper, its bond-buying program as soon as December. U.S. stocks ended lower on Monday after spending most of the session near unchanged. The Dow industrials (DJI:DJIA) closed down 77.64 points, or 0.5%, to 16,008.77, while the S&P 500 index (SNC:SPX) fell 4.91 points, or 0.3%, to close at 1,800.90.
Investors are concerned whether the record run for stocks has gotten too extended.
“The best thing for markets longer term is to have sustainable growth and a normalization in monetary policy,” Reid said. “However, over the next 6-12 months we think markets would perform notably better if sub-trend but positive growth and high liquidity continued.”
“The latter scenario would be much less healthier longer term, though, as asset prices would deviate further from fundamentals, leaving gap risk between the two,” he added. http://www.marketwatch.com/story/dow-set-to-open-below-16000-on-taper-fears-2013-12-03?dist=beforebell