Top Day Trader Alerts (BP, FNM, FRE, JOYG, DXO, TSEM, PAY, VG)

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By Douglas A. McIntyre Updated Published
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These are this Tuesday’s top day trader and active trader alert stocks.  We have links through to each with more detailed price/volume analysis over at VSinvestor.com:

BP PLC (NYSE: BP) is up big by over 3% for an oil giant pre-market after a big oil discovery in the Gulf of Mexico.

Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are getting hit hard again this morning, but this time of the Mortgage Bankers Association recommending for Congress to effectively dump these in favor of a new program.

Joy Global, Inc. (NASDAQ: JOYG) is trading higher by over 4% on high volume after beating earnings handily.

PowerShares DB Crude Oil Double Long Exchange Traded Notes (NYSE: DXO) is going to be closed down and will disappear and holders are selling since it won’t trade normally with its benchmark.

Tower Semiconductor Ltd. (NASDAQ: TSEM) was up, but only marginally, after raising guidance.

VeriFone Holdings Inc. (NYSE: PAY) is surging and now everyone who bough since NOVE-2008 is profitable after earnings and after settling with the SEC.

Vonage Holdings (NYSE: VG) is trading up sharply and back above $2.00… yet again.  This is over the Apple App being approved, as should have been expected.

You can join our open email distribution list which goes out several times per week if you wish to be notified by email when the top day trader alerts hit, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG
SEPTEMBER 2, 2009

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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