Market Maker Surveillance Report. PVA, T, HAL, JPM, S, WU, Bullishly Biased Price Friction For Tuesday, January 29th 2013
Jan 30, 2013 (M2 PRESSWIRE via COMTEX) --
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 3987 companies with "abnormal" market making, 3084 companies with positive Friction Factors and 2335 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. Penn Virginia Corp (NYSE:PVA), AT&T Inc (NYSE:T), Halliburton Co (NYSE:HAL), JPMorgan Chase & Co (NYSE:JPM), Sprint Nextel Corp (NYSE:S), Western Union Co (NYSE:WU). 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
PVA $0.090 0.02% 1,387,293 26.91% 3,292,400 63.86% -1,905,107 Abnormal
T $0.040 0.00% 9,298,270 30.06% 10,827,846 35.00% -1,529,576 Abnormal
HAL $0.600 0.02% 4,053,608 27.24% 5,346,694 35.92% -1,293,086 Abnormal
JPM $0.460 0.01% 5,193,886 26.22% 6,397,380 32.29% -1,203,494 Abnormal
S $0.080 0.01% 24,962,664 22.44% 39,188,704 35.23% -14,226,040 Abnormal
WU $0.040 0.00% 3,208,800 29.40% 4,402,590 40.34% -1,193,790 Abnormal
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more selling than buying on Tuesday 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 PVA with 1,905,107 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.
Penn Virginia Corp (NYSE:PVA) - Penn Virginia Corporation, an independent oil and gas company, primarily engages in the exploration and development of natural gas and oil properties in various onshore regions of the United States. The company is involved in the production and sale of natural gas, crude oil, and natural gas liquid products. It primarily focuses on developing the Eagle Ford Shale play in south Texas; and the horizontal Granite Wash play in the Mid-Continent region. The company also drills exploratory wells in the Marcellus Shale play in Pennsylvania; and has interests in the natural gas properties in the Haynesville Shale and Cotton Valley Sands in east Texas, and Selma Chalk in Mississippi. As of December 31, 2011, it had proved natural gas and oil reserves of approximately 883 billion cubic feet of natural gas equivalent; and owned approximately 1.1 million net acres of leasehold and royalty interests. The company sells its products using short-term floating price physical and spot market contracts. Penn Virginia Corporation was founded in 1882 and is headquartered in Radnor, Pennsylvania..
AT&T Inc (NYSE:T) - AT&T Inc., together with its subsidiaries, provides telecommunications services to consumers, businesses, and other providers worldwide. The company s Wireless segment offers wireless voice and data communication services, such as local wireless communications services, long-distance services, and roaming services. This segment also sells various handsets, wirelessly enabled computers, and personal computer wireless data cards; and accessories, including carrying cases, hands-free devices, batteries, battery chargers, and other items. This segment sells its products through its own stores, or through agents or third-party retail stores. Its Wireline segment provides data services comprising switched and dedicated transport, Internet access and network integration, U-verse services, and data equipment; businesses voice applications over IP-based networks; and digital subscriber lines, dial-up Internet access, private lines, managed Web-hosting services, packet services, enterprise networking services, and Wi-Fi services, as well as local, interstate, and international wholesale networking capacity to other service providers. This segment also offers voice services, such as local and long-distance, calling card, 1-800, conference calling, wholesale switched access, caller ID, call waiting, and voice mail services; and application management, security services, integration services, customer premises equipment, outsourcing, government-related services, and satellite video services. The company s Advertising Solutions segment publishes yellow and white pages directories; and sells directory advertising and Internet-based advertising and local search. In addition, the company provides customer information services. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is headquartered in Dallas, Texas..
Halliburton Co (NYSE:HAL) - Halliburton Company provides various products and services to the energy industry for exploring, developing, and producing oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services, including stimulation services and sand control services; and cementing services comprising bonding the well and well casing, while isolating fluid zones and maximizing wellbore stability, and casing equipment. This segment also provides completion tools consisting of subsurface safety valves and flow control equipment, surface safety systems, packers and specialty completion equipment, intelligent completion systems, expandable liner hanger systems, sand control systems, well servicing tools, and reservoir performance services; well intervention services, pressure control, equipment rental tools and services, and pipeline and process services; and oilfield production and completion chemicals and services. The Drilling and Evaluation segment offers drill bits and services, including roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services; wireline and perforating services consisting of open-hole wireline services; and testing and subsea services comprising acquisition and analysis of dynamic reservoir information, and reservoir optimization solutions. This segment also provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; drilling systems and services; integrated exploration, drilling, production software information systems, and consulting and data management services; and oilfield project management and integrated solutions. The company serves upstream oil and gas industries. Halliburton Company was founded in 1919 and is based in Houston, Texas..
JPMorgan Chase & Co (NYSE:JPM) - JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. Its Investment Bank segment offers various investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, prime brokerage, and research services for corporations, financial institutions, governments, and institutional investors. The company s Commercial Banking segment provides lending, treasury, investment banking, and asset management services to corporations, municipalities, financial institutions, and not-for-profit entities. Its Treasury and Securities Services segment offers cash management, trade, wholesale card, and liquidity products and services to small and mid-sized companies, multinational corporations, financial institutions, and government entities. This segment also holds, values, clears, and services securities, cash, and alternative investments for investors and broker-dealers; and manages depositary receipt programs. The company s Asset Management segment provides investment and wealth management services to institutions, retail investors, and high-net-worth individuals. This segment offers investment management in equities, fixed income, real estate, hedge funds, private equity, and liquidity products, as well as trust and estate, banking, and brokerage services to high-net-worth clients; and retirement services for corporations and individuals. Its Retail Financial Services segment offers consumer and business, and mortgage banking products and services that include checking and savings accounts, mortgages, home equity and business loans, and investments. The company s Card Services and Auto segment provides payment processing and merchant acquiring services. JPMorgan Chase & Co. was founded in 1823 and is headquartered in New York, New York..
Sprint Nextel Corp (NYSE:S) - Sprint Nextel Corporation, together with 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 United States Virgin Islands. It operates in two segments, Wireless and Wireline. The 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; 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 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 Wireline segment offers voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, Internet protocol, managed network services, voice over Internet protocol, session initiated protocol, and traditional voice services, as well as wholesale voice local and long distance, and digital voice 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, and Assurance Wireless brands. It serves approximately 56 million customers. The company was founded in 1899 and is headquartered in Overland Park, Kansas..
Western Union Co (NYSE:WU) - The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Global Business Payments. The Consumer-to-Consumer segment offers money transfer services, including walk-in money transfer, online money transfer, account based money transfer, and mobile money transfer through a network of third-party agents using multi-currency and real-time money transfer processing systems. The Global Business Payments segment provides business-to-business payment solutions for cross-border and cross-currency transactions, as well as Travelex global business payments services through phone and Internet; services that allow consumers to send funds to businesses and government agencies using cash and debit cards; and Quick Cash, a cash disbursement service for businesses and government agencies to send money to employees or individuals. This segment also offers Western Union Convenience Pay, a service to send payments by cash or check to utilities and telecommunication providers; walk-in and cash bill payment services under the Pago F cil and Western Union brand names; Speedpay, a service that allows consumers to make payments to various businesses using credit cards, debit cards, automated clearing house (ACH), and checks; and Equity Accelerator service, which enables consumers to make mortgage payments by ACH. The company also provides money orders for making purchases, paying bills, and as an alternative to checks; and prepaid cards that allow consumers to load money or receive a direct deposit onto the card for use. As of June 30, 2012, the company offered its services through a network of 510,000 agent locations. The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado..
BUYINS.NET, 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"
RegSHO Naked Shorts -- 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
SqueezeTrigger -- 29 billion cell database 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.
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.
Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.
GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.
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