DJIA Closes Above 17,000 on 3 July 02014

This posting is an observation to celebrate the DJIA closing about 17,000 for the first time in its 118 year history. The DJIA closed at 8,281.22 prior to Obama becoming the POTUS. Yesterday (5 years, 5 months, 13 days later) the DJIA closed at 17,068.26. I guess we can blame Bush for the Dow doubling.

Sold Some StemCells (STEM) at $2.38

Sold some StemCells (STEM) today (02014.07.03) at $2.38. STEM spiked to a new 52-week high of $2.43 prior to the sale. This sale did not generate any Pi moment; however, I have placed an order to sell some more STEM at $Pi.

StemCells (STEM) Spikes Up... Why?

StemCells (STEM) spiked to its 52-week high of $2.35 this morning (02014.07.02). I don't know why, but Briefing.com did have a posting stating "Brinson Patrick initiated STEM coverage with 'Market Outperform' rating." Who is Brinson Patrick?

STEM closed yesterday (02014.07.01) at $2.00. It opened today at $2.19 and spiked to $2.35. Right now (7:35am MST) STEM is at $2.23. Volume is already 7.15 million vs. a full day average of 2.01 million.

Yahoo! (YHOO) Showing Signs of Life

Yahoo! (YHOO) has been a frustrating long-term investment for the GDT::Portfolio; however, YHOO has been showing some signs of life lately after a couple of investment firms turned moderately bullish on Yahoo!

YHOO closed yesterday (02014.06.30) at $35.15. Today it had a small gap open at $35.53. YHOO had an intra-day low of $33.02 just a few days earlier on 02014.06.26. 52-week range: $24.82 - $41.72.

YHOO ended 2Q'14 at #10 in the GDT::Portfolio.

Nanosphere (NSPH) Deleted From the Russell 3000 Index?

Nanosphere (NSPH) spiked up on heavy volume just before the market close yesterday (02014.06.27). It appears as though the spike might have been related to the re-balancing of the Russell 3000 Index (I think NSPH was deleted).

NSPH closed yesterday (02014.06.27) at $1.65. Day range: $1.50 - $1.65. 52-week range: $1.20 - $3.53. Volume was 8.8 million vs. 1.1 million.

Barclays Initiates Coverage on Internet Sector Stocks

I found this weird: "In Thursday's morning summary, the team at Barclays initiated coverage on a number of big players in the internet sector." WTFoo?!?!?! Barclays just got around to initiating coverage on Internet stocks? In a nutshell, Barclays see numerous GDT::Portfolio stocks (Google, Yahoo!, Twitter, Facebook, Amazon.com) trading at higher prices. Note: The GDT::Portfolio does not contain any eBay, LinkedIn, Netflix.

Nanosphere (NSPH) Appears to Be Reporting Good News

Nanosphere (NSPH) closed last week (Friday, 02014.06.20) at $1.37.

Monday (02014.06.23) press release title: "Nanosphere Signs Molecular Diagnostic Supply Agreement With HealthTrust". NSPH spiked to $1.78 before closing at $1.57. Volume: 8.2 million vs. 0.8 million.

Tuesday (yesterday; 02014.06.24) NSPH closed at $1.42, down ~10%. Volume: 2.1 million vs. 0.8 million. Press release title after the market closed yesterday: "Verigene(R) Enteric Pathogens Test Receives FDA Clearance".

Today (02014.06.25) NSPH right now (6:56am MST) is at $1.66, up ~17%. Volume is already at 2.8 million.

[update::02014.06.25] Today NSPH closed up 16% at $1.65. Intra-day high: $1.69. Volume: 7 million vs. 0.8 million. 52-week range: $1.20 - $3.60.