The credit card stocks have shown significant relative strength to the market over the past two years, with Mastercard (MA) the best in breed, in our opinion, among them. The company, however, still seems to feel the stock is a...
Read MoreIt feels like Deja vu all over again in the market. During the last two Summers we have dealt with similar headlines and a potentially similar patterns. We traded headline to headline as we dealt with global problems and...
Read MoreMarkets opened well off overnight highs. The morning high was set in the first 5 minutes. The Prior Pivot low from May 9th,,$134.49 SPY, contained the rally pre-market. Today was an easier fade than Last Thursday when they...
Read MoreThe News out of Europe about the Spanish Bailout concerns as many people as it excites! Our world continues to reward failure, but as far as the markets go, it excites those that think the forces at will are being a bit more...
Read MoreAs we have been repeating on the Virtual Trading Floor this week, the best way to make money recently has been through using short-term, tactical trades. The frequent news from Europe, along with the continued speculation about...
Read MoreToday marks yet another upturn for retail giant Wal-Mart (WMT), which has broken out to new highs following the wholesale inventories report. Investories jumped .6% to $483.5 billion, greater than the .4% predicted by experts, a...
Read MoreAt this point the market is acting pretty methodical as everyone debates if whether the low is in and if there is more room to the rally or do we retest those lows or see new ones this summer. If you put opinions and...
Read MoreThe debate continues on whether or not Big Ben is walking softly but carrying a big stick, the same goes for the ECB. Seems like both influential players are looking for more force before making any concrete moves. Typically for...
Read MoreThe market gave back healthy pre-market gains Thursday, unable to build on the best session of the year on Wednesday. The S&P finished basically flat, the Nasdaq lost 0.48% and the Dow still held on for a 0.37% gain. The...
Read MoreLululemon (LULU) announced its first-quarter earnings this morning, and while the earnings and margins were decent, it was not enough to hold up this high-multiple retail stock as guidance came in very light. LULU is down 9.7%...
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