Investor Alley Inc.

Mid-Day Follow-Up Commentary on Selected Picks: (NASDAQ: FITB), (NASDAQ: MDLZ)

Fifth Third Bancorp (NASDAQ: FITB), a regional bank based in Cincinnati, Ohio, is marginally higher in mid-day trading today, extending its gains from the previous trading session. FITB had gained nearly 5% on Thursday after the company reported its fourth-quarter financial results. FITB reported fourth-quarter net income of $390 million, or $0.43 per share, compared to $305 million, or $0.33 per share reported for the same period in the previous year.

Update on Selected Picks: (OTCQB: BLUF), (PINKSHEETS: PGLC)

BluForest Inc. (OTCQB: BLUF), a company focused on operating as a carbon offset marketing company, is soaring in mid-day trading today. At last check, BLUF was trading 20% higher at $0.120 on volume of 3,000, which is nearly a third of the daily average volume of 19,207.

Trend Analysis Reports on High Profile Stocks: (NASDAQ: INTC), (NASDAQ: RIMM)

Intel Corporation (NASDAQ: INTC), a designer and manufacturer of digital technology platforms, has fallen sharply in trading today even as the chipmaker reported better-than-expected fourth-quarter earnings. The stock has slipped as the company’s outlook for the first quarter fell short of consensus forecast.

Gainer and Decliner on Mid-Day: (NASDAQ: MU), (NYSE: TZA)

Micron Technology Inc. (NASDAQ: MU), a worldwide manufacturer and marketer of semiconductor devices, is continuing to rally in mid-day trading today. At last check, MU was trading 1.09% higher at $7.89 on volume of 14.48 million, which is more than half of the daily average volume of 25.17 million.

Wrap-Up & Commentary on Advancers: (NYSE: RAD), (NASDAQ: PATH)

Rite Aid Corporation (NYSE: RAD), a retail drugstore chain in the U.S., is gaining in mid-day trading today, continuing its rally. RAD has been rallying since last week. The stock has finished higher in each of the previous eight trading sessions.

Stocks Traders Should Be Looking out For: (NASDAQ:AMAT), (NYSE:UMC)

Applied Materials Inc. (NASDAQ:AMAT), a provider of manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic (PV) and related industries, is up sharply in mid-day trading today, extending its gains for the week. AMAT has finished higher in each of the trading sessions this week.

Major Penny Stocks Decliners in Today's Trading Session: (OTC:ZPPB), (OTC:VKML)

Zippy Bags Inc. (OTC:ZPPB), a development-stage company focused on marketing snowboard carrying bags to snowboard stores and outdoor retailers in the Salt Lake City, Utah, has fallen sharply in mid-day trading today. At last check, ZPPB was down 29.60% to $0.195 on volume of 6.31 million, which is well above the daily average volume of 1.01 million.

Office Depot Inc. & Cell Therapeutics Inc. Trend Analysis Research: (NYSE:ODP), (NASDAQ:CTIC)

New York (January 18th, 2013) - Office Depot Inc. (NYSE:ODP), a global supplier of office products and services, is up sharply in mid-day trading today. At last check, ODP was trading 2.84% higher at $4.35 on volume of 5.15 million, which is above the daily average volume of 4.99 million.

Mid-Day Trend Analysis Reports For: (OTC:AAMRQ), (PINK:ONVO)

AMR Corp. (OTC:AAMRQ), the parent company of American Airlines, is down sharply in mid-day trading today, extending its losses from the previous trading session. At last check, AAMRQ was down 8.97% to $1.32 on volume of 6.89 million, which is below the daily average volume of 10.15 million.

Pre-Market Report on the Following Picks: (NYSEAMEX: GV), (NASDAQ: ONVI)

The Goldfield Corporation (NYSE:GV) traded near highs without any major news. GV increased 20.42% to $ 2.89. The 52-week range for the stock is $0.25 and $ 3.05. The company, on Dec. 6, announced the election of John W. Davis III, 39, as President and chief executive officer of Southeast Power Corporation, its electrical construction subsidiary, effective January 1, 2013. The Goldfield Corporation (Goldfield) is engaged in electrical construction, including (the placement of fiber optic cable) and real estate development. The electrical construction operation serves electric utilities and industrial companies throughout much of the United States. The primary focus of the real estate operations has been on the development of condominium projects on the east coast of Florida.