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Author: Philip Davis

Financials continue to rally

Today’s tickers: CIT, CSCO, AMX, STI, XTO, NTES & MCHP CIT CIT Group, Inc. – Shares of the North American bank holding company has jumped more than 10% to $3.01 amid the broad gains enjoyed by the financial sector today....

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Wacky Wednesday Morning

Can we overcome bad news today? The “big” news this morning is BAC may need $34B butMish warned us, in our Phil’s Favorites section,over a week ago that BAC would needat least that much and BAC already fell and...

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Lights back on in Vegas

Today’s tickers: MGM, DFS, MOS, WFR, LVS, XHB, KFT & HNZ MGM MGM Mirage, Inc. – Shares of the biggest casino owner on the Las Vegas Strip have skyrocketed by more than 42% to $13.41 amid reports from the company that...

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Just Another Manic Monday

The futures are so bright we’ve gotta wear shades this morning! The Hang Seng came back from holiday to a 5.5% gain, the Shanghai is up 3.3%, Korea is up 2% and India is up 6.2% while Japan is on extended holiday through...

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Sequenom takes a swan dive

Today’s tickers: SQNM, YHOO, XLY, XLI, GMCR, NWL, PFE & UBS SQNM Sequenom, Inc. – Shares of the diagnostic testing and genetics analysis company have plummeted by more than 75%, crashing through the 52-week low for the...

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