| DJ UPDATE: US Stocks Mixed But Burlington Northern Shows Power
NEW YORK (Dow Jones)--Stocks ended mixed and near the flatline Monday, but that didn't stop big moves by Burlington Northern Santa Fe on word that Warren Buffett was aboard, Dow Chemical and Mirant on their possible sale and Advanced Micro Devices after announcing a revamping. .
GlobalTec Introduces MB Trading as Integrated Broker for Online ...
(PRLEAP.COM) Founded in 1999 and based in El Segundo, Calif., MB Trading is a direct access brokerage firm that develops and markets sophisticated yet simple direct access trading technology to online investors, allowing them to bypass the middleman and trade directly to the NASDAQ, NYSE and AMEX markets. Over the past seven years, tens of thousands of investors have done just that using Wizetrade software. Wizetrade users do not have to exit the software when sending stock trading orders to their integrated brokers. MB Trading is the third online broker to integrate with Wizetrade, joining Fimat PreferredTrade and optionsXpress. "We are proud to welcome MB Trading as an integrated broker partner for Wizetrade users," said John Dankovchik, president of Dallas-Based GlobalTec. "Thousands of GlobalTec currency traders are already familiar with MB Trading as an integrated broker for 4X Made Easy.
Rubbermaid: Set to bounce?
Newell Rubbermaid (NYSE: NWL), which is trading near multi-year highs, has caught the attention of contrarian and technician Chris Johnson, money manager and editor of Insightful Investor. In addition to its Rubbermaid brand, the consumer products firm makes consumer products under names such as Sharpie, Paper Mate, and Lenox. The advisor is impressed with the stock's relative strength, noting that the shares are up 7.4% for 2007, while the S&P 500 is down slightly. As a contrarian, he notes, "Despite this strong performance, there is a healthy amount of negative sentiment toward the stock, according to a number of indicators." One sign that the stock is out of favor notes Johnson is its put/call ratio, which he says indicates that the options crowd is extremely pessimistic.
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