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Author: Scott Redler

IMAX Benefiting from Dark Knight Hype

While events such as the health care announcement and EU summit have weighed on the market today, little can be done to stifle fans’ excitement for the upcoming blockbuster The Dark Night Rises. As the film’s July...

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Trading the 19th Euro Summit

The New York Times stunning announcement that JPMorgan’s (JPM) trading loss from risky bets at their chief investment office in London could reach $9 billion is by far the most surprising negative headline this morning,...

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Stocks Drift Higher Ahead of EU Summit

Stocks drifted higher in a very low volume tape Wednesday ahead of the much-anticipated EU Summit tomorrow and Friday. The S&P 500 was the strongest index, gaining 0.90%. The market reacted resiliently to German Chancellor...

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Facebook (FB) Circus Continues

The Facebook Circus continues today as the IPO underwriters are now allowed to begin coverage of the stock. While JPMorgan (JPM) and Goldman Sachs (GS) issued highly favorable reviews with high price targets – $45 and $42...

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