Tonight’s Notable Events June 8
Texas Instruments (TXN) Lowers guidance – at 4:30 – Takes a $2 hit and viloat — Revenue: $3.36 – 3.50 billion, compared with the prior range of $3.41...
Read MoreTexas Instruments (TXN) Lowers guidance – at 4:30 – Takes a $2 hit and viloat — Revenue: $3.36 – 3.50 billion, compared with the prior range of $3.41...
Read MoreThe market closed lower once again Wednesday, extending a horrid streak for stocks as summer heats up. Investors are heading to the exits and there is hardly a buyer in sight, with banks resuming their role as market dogs. The...
Read MoreThe market looks to finally be finding some footing Wednesday after more early weakness. Another gap down was followed by aggressive morning selling, but the market has reversed course and has since traded in a tight range....
Read MoreMolycorp Inc. (MCP) Announces Proposed Offering of $200 Million of Convertible Senior Notes Due 2016Molycorp Announces Proposed Secondary Offering of 10,000,000 Shares of Common Stock CIEN Corporation (CIEN) Ciena 2Q Loss...
Read MoreUS stock futures point to a sharply lower open Wednesday, adding to market woes since the beginning of June. The month of May brought a bearish tone to the market, but selling has accelerated as economic data points have been...
Read MoreFor most of Tuesday, the market looked to be simply digesting recent losses and potentially staging a small oversold bounce. But the situation turned on a dime in the last 90 minutes of the session, with the market turning down...
Read MoreThe market held the gap up this morning and has been trading in a tight range, relieving some pressure on this oversold market but not able to stage any sort of meaningful bounce. There have been some calculated longs and shorts...
Read MoreIs the market rolling over for a bigger correction, or is all this bearishness a buying opportunity? That is the million dollar question. What do the internals say? This is the 8th 5% pullback since the 3/09 bottom already! A...
Read MoreFutures are up 6-7 handles after four hard days of heavy selling. We hit 1284 yesterday and now the Oscillators are -50, which is very oversold, but not drastic! Some traders were hoping for a down open to get that “Easy...
Read MoreThe market picked up where it left off late last week, selling off hard, down through significant support. With the end of QE2 approaching and economic data showing little sign of improvement, investors are growing skeptical of...
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