Market Maker Surveillance Report. NXY, JNJ, VZ, S, RFMD, OGXPY, Bearishly Biased Price Friction For Tuesday, December 18th 2012
Dec 19, 2012 (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 3909 companies with "abnormal" market making, 3872 companies with positive Friction Factors and 2053 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bearish bias) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped. Nexen Inc (NYSE:NXY), Johnson & Johnson (NYSE:JNJ), Verizon Communications Inc (NYSE:VZ), Sprint Nextel Corp (NYSE:S), RF MICRO DEVICES, INC. (NASDAQ:RFMD), Ogx Petroleo e Gas Participacoes SA (OTC:OGXPY). 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
NXY $-0.100 -0.37% 5,957,835 29.75% 4,432,053 22.13% 1,525,782 Abnormal
JNJ $-0.150 -0.22% 5,645,202 34.73% 4,016,295 24.71% 1,628,907 Abnormal
VZ $-0.240 -0.54% 6,370,766 34.40% 4,359,043 23.54% 2,011,723 Abnormal
S $-0.050 -0.90% 14,652,905 39.03% 12,532,762 33.39% 2,120,143 Abnormal
RFMD $-0.030 -0.64% 3,058,308 59.14% 2,113,001 40.86% 945,307 Abnormal
OGXPY $-0.010 -0.49% 2,726,021 57.63% 2,004,416 42.37% 721,605 Abnormal
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more buying than selling on Tuesday and their stock prices dropped. 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 NXY with 1,525,782 greater shares of buying than selling (NetVol) and the stock price was down $-0.10000. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more buying than selling should cause prices to rise.
Nexen Inc (NYSE:NXY) - Nexen Inc. operates as an independent energy company worldwide. Its Oil and Gas segment explores for, develops, and produces crude oil, natural gas, and related products. This segment primarily operates onshore in Yemen and Canada, and offshore in the U.S. Gulf of Mexico and the U.K. North Sea, as well as in Colombia, offshore West Africa, and Norway. This segment also develops and produces synthetic crude oil from mining bitumen in the Athabasca oil sands in northern Alberta. The companys Energy Marketing segment sells its crude oil and natural gas; and markets third-party crude oil, natural gas, natural gas liquids, and power, including electricity generation. Its Chemicals segment manufactures, markets, and distributes industrial chemicals, principally sodium chlorate, chlorine, muriatic acid, and caustic soda. The company, formerly known as Canadian Occidental Petroleum Ltd., was founded in 1971 and is headquartered in Calgary, Canada..
Johnson & Johnson (NYSE:JNJ) - Johnson & Johnson, together with its subsidiaries, engages in the research and development, manufacture, and sale of various products in the health care field worldwide. Its Consumer segment offers products for use in the baby care, skin care, oral care, wound care, and women s health fields, as well as nutritional and over-the-counter pharmaceutical products, and wellness and prevention platforms under JOHNSON S, AVEENO, CLEAN & CLEAR, NEUTROGENA, RoC, LUBRIDERM, DABAO, VEND ME, LISTERINE, REACH, BAND-AID, NEOSPORIN, CAREFREE, o.b., STAYFREE, SPLENDA, TYLENOL, SUDAFED, ZYRTEC, MOTRIN IB, and PEPCID AC names. This segment markets its products to the general public, as well as to retail outlets and distributors. The company s Pharmaceutical segment provides various products in the areas of anti-infective, antipsychotic, contraceptive, dermatology, gastrointestinal, hematology, immunology, neurology, oncology, pain management, thrombosis, vaccines, and infectious diseases. This segment distributes its products directly to retailers, wholesalers, and health care professionals for prescription use. Its Medical Devices and Diagnostics segment offers electrophysiology and circulatory disease management products; orthopaedic joint reconstruction, spinal care, neurological, and sports medicine products; surgical care, aesthetics, and women s health products; minimally invasive surgical and sterilization products; blood glucose monitoring and insulin delivery products; professional diagnostic products; and disposable contact lenses. This segment distributes its products directly and through surgical supply and other distributors to wholesalers, hospitals, and retailers. Johnson & Johnson was founded in 1886 and is based in New Brunswick, New Jersey..
Verizon Communications Inc (NYSE:VZ) - Verizon Communications Inc. provides communication services. The company operates through two segments, Domestic Wireless and Wireline. The Domestic Wireless segment offers wireless voice and data services; and sells equipment in the United States. The Wireline segment provides voice, Internet access, broadband video and data, Internet protocol network, network access, long distance, and other services in the United States and internationally. The company serves consumer, business, and government customers, as well as carriers. As of December 31, 2010, its network covered a population of approximately 292 million and provided service to a customer base of approximately 94.1 million. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York..
Sprint Nextel Corp (NYSE:S) - Sprint Nextel Corporation, through 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 U.S. Virgin Islands. The companys 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; and 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 services 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 companys Wireline segment offers voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, IP, managed network services, voice over Internet protocol, session initiated protocol, and traditional voice services, as well as offers wholesale voice local and long distance 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, Assurance Wireless, and Common Cents. Sprint Nextel Corporation was founded in 1899 and is headquartered in Overland Park, Kansas..
RF MICRO DEVICES, INC. (NASDAQ:RFMD) - RF Micro Devices, Inc. designs and manufactures radio frequency components and compound semiconductors in the United States and internationally. The company provides integrated circuits, including gain blocks, LNAs, PAs, receivers, transmitters, transceivers, modulators, demodulators, attenuators, switches, frequency synthesizers, and voltage-controlled oscillators. It also offers multi-chip modules comprising PA modules, switch-filter modules, active antenna products, VCOs, phase-locked loops, coaxial resonator oscillators, active mixers, variable gain amplifiers, hybrid amplifiers, power doublers, and optical receivers. In addition, the company provides passive components, such as splitters, couplers, mixers, transformers, isolators, and circulators; and foundry services for gallium nitride wafer production. Its products enable worldwide mobility and provide connectivity and support advanced functionality in the cellular handset, wireless infrastructure, wireless local area network, cable television/broadband, and aerospace and defense markets. The company serves commercial, industrial, military, aerospace, and other markets in wireless and wired communications applications. RF Micro Devices, Inc. sells its products to original equipment manufacturers and original design manufacturers through a network of sales representative firms and distributors. The company was founded in 1991 and is headquartered in Greensboro, North Carolina..
Ogx Petroleo e Gas Participacoes SA (OTC:OGXPY) - OGX Petroleo e Gas Participacoes S.A. engages in the exploration and production of oil and gas properties in Brazil. It has a portfolio of 29 exploratory blocks in the Campos, Santos, Esprito Santo, Par-Maranho, and Parnaba basins, which encompass an offshore area of approximately 7,000 square kilometers (km) and onshore area of approximately 21,500 square kms. The company was formerly known as Centennial Asset Participacoes Corumba S.A. and changed its name to OGX Petroleo e Gas Participacoes S.A. in September 2007. OGX Petroleo e Gas Participacoes S.A. was incorporated in 2006 and is headquartered in Flamengo, Brazil..
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
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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.
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