4:17 PM, Sep 9, 2010 –
NYSE up 33.95 (+0.49%) to 7,033.89DJIA up 28.23 (+0.3%) to 10,415S&P 500 up 5.31 (+0.48%) to 1,104Nasdaq up 7.33 (+0.3%) to 2,236
GLOBAL SENTIMENT
Hang Seng up 0.37%Nikkei up 0.82%FTSE up 1.19%
UPSIDE MOVERS
(+) TIN upgraded.
(+) HMY upgraded.
(+) GS handed fine by U.K. regulator.
(+) ARM launches new high-end core processor.
(+) VZ names new CFO.
(+) MVIS gains as analyst Read the rest of this entry »
4:21 PM, Sep 3, 2010 –
DJIA up 127.8 (1.2%) to 10,448S&P 500 up 14.4 (1.3%) to 1,105Nasdaq up 33.7 (1.5%) to 2,234
GLOBAL SENTIMENT
Hang Seng up 0.49%Nikkei up 0.57%FTSE up 1.06%
UPSIDE MOVERS
(+) TTWO continued evening jump that followed surprise profit.
(+) FNSR continued evening jump that followed better-than-expected earnings.
(+) MTG reported positive August operating statistics.
OK, by “stealth” I really mean I have not paid close enough attention to the rallies in several solar stocks. 2010 has been a year of true divergence for solar stocks. Some solar stocks have been in year-to-date rallies and others have been declining all year. The net result is an awful -25% year-to-date performance for the Claymore/MAC global Solar Energy Index ETF (TAN). The winners are even more notable given the general stock Read the rest of this entry »
4:20 PM, Sep 2, 2010 —
NYSE up 26.07 (0.38%) to 6,937.05DJIA up 6.13 (0.06%) to 10,275.60S&P 500 up 5.09 (0.47%) to 1,085.38Nasdaq up 13.75 (0.63%) to 2,190.59
GLOBAL SENTIMENT
Hang Seng up 1.19%Nikkei up 1.52%FTSE up 0.19%
UPSIDE MOVERS
(+) GPS says August same-store sales flat.
(+) KSS says August same-store sales up 4.5%.
(+) SKS says August sales up 1%.
(+) ROST says August same-store Read the rest of this entry »
By David Sterman
As the market grinds down toward the end of the summer, we’re seeing the typical seasonal malaise when a number of good companies quietly drifts down to 52-week lows. And the selling may not be over. The S&P 500 has historically been the weakest in September, dropping an average of -1.3%. The good news: stocks really build a head of steam after that. The S&P 500 typically rises +0.7% in October, followed by average monthly Read the rest of this entry »
4:12 PM, Aug 12, 2010 —
DJIA down 58.8 (-0.6%) to 10,320S&P 500 down 5.86 (-0.5%) to 1,084Nasdaq down 18.4 (-0.8%) to 2,190
GLOBAL SENTIMENT
Hang Seng down 0.89%Nikkei down 0.86%FTSE up 0.4%
UPSIDE MOVERS
(+) EXP upgraded.
(+) NVAX announces positive respiratory virus vaccine study.
(+) RDEN costs cuts, higher revenue generate Q4 profit
(+) BKS Barnes & Noble nears deal with Ron Burkle on board seats
Beleaguered school stocks got some relief Friday after new regulations proposed by the U.S. Dept. of Education weren’t as tough as expected. It’s not really enough to make them attractive yet, but it’s a start.Publicly-traded stocks in the U.S.-based education and training services industry jumped an average of more than 3.8% Friday. The group, attacked by short sellers and battered by tales of bad student loans and mixed results in training Read the rest of this entry »
BIG SLIDE: Stocks plunged Tuesday after worries about a global slowdown pushed nervous traders to sell. The Dow Jones industrial average fell 268 points, while the benchmark Standard & Poor’s 500 index dropped 3.1 percent to its lowest close since October.
CHINA FEARS: Asian markets led Wall Street lower after an index that forecasts economic activity for China was revised lower.
SLUMPING CONFIDENCE: The drop worsened in the U.S. after Read the rest of this entry »
Bank stocks were the market’s big performers Friday, even as the Dow Jones industrial average fell almost 9 points and the other major indexes had only slim gains. Banks posted big gains after an agreement on a financial regulation bill reassured investors that new rules won’t devastate financial companies’ profits.
The Dow Jones industrial average fell 8.99, or 0.1 percent, to 10,143.81.
The Standard & Poor’s 500 index rose 3.07, or Read the rest of this entry »
