Las Vegas Sands Corp. (LVS) is a stock that we had a lot of fun with a year or so back, as it ran from $19 to almost $40. The stock peaked around $55 in early November. Since then, the stock has been basing and creating a 9...
Read MoreIn last week’s blog I touched on the macro and geo-political issue concerning the markets: On that front, the main issues continue to weigh down the overall sentiment in the markets. The counterweight to this has been the...
Read MoreAM Headlines: Riverbed Technology (RVBD) “1 Upgrade – 1 downgrade” — Robert W. Baird Upgraded to OUTPERFORM (from Neutral) – Price Target: 40 Needham Reiterated BUY – Price Target: 41...
Read MoreUS stock futures are set for a higher open Wednesday morning on the heels of a blockbuster earnings report from Apple Inc. (AAPL). The tech giant greatly exceeded even lofty consensus estimates from Wall St, thanks in large part...
Read MoreThe market broke out of its nearly two-week downtrend Tuesday amid suggestions that US lawmakers are moving closer to a deal over raising the debt ceiling. Despite uncertainty lingering in Europe and still no finalized debt...
Read MoreBy: Ben Erichsen I have been a fundamental news trader for more than ten years. I began trading as a clerk at Broadway Trading’s Miami office in 1999, and made my first trade in February of 2000. About one year later, I...
Read MoreFrom the author of The Complete Turtle Traders now comes Trend Following, Michael Covel. He will be joining me on my radio show 8/4. Michael does it again! By interviewing the top traders of this generation, he brings out the...
Read MoreNotable AM Headlines: (IBM) price target raised to $200 from $190 at BofA/Merrill (IBM) target raised to $200 from $180 at RBC Capital “2 big upgrades” (STT) State Street Tops Q2 Sales Estimate, EPS Meets (HAL)...
Read MoreMarkets gapped down yesterday and held the last line of defense. SPY’s held the 129.63 level, which was the 61.2% retracement level of the rally that took place from the lows to the recent July highs. This was also the...
Read MoreMajor indices looked to be in for some serious technical damage Monday before a late day rally pared losses. The Dow still closed down 95 points and the action has been heavy since the massive two week run into July 4th. The...
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