The market was pummeled again Thursday amid fears that the global economy is headed for another painful recession. The Nasdaq led all major indices lower, dropping 5.2%, while the Dow held up best, only down 3.8%. The Europe is...
Read MoreBy Jeff Davis at SMB Training Do you have a stock that, due to both technical and fundamental reasons, has traded in pretty much one direction for weeks or months? I do…for the last few months it’s RIMM. I have RIMM on my screen...
Read MoreAM Action: 8:05a SINA Adds Nearly 4%, Beats Q2 Sales Estimate and Meets on EPS But Sees Q3 Sales Below Street 8:05a SINA upgraded to Buy from Hold at ThinkEquity Aug 18 at 06:58 8:09a Todays Economic Events: US data will be...
Read MoreS&P futures are down 23 handles after a bit more subdued action over the last few days. There seemed to be some underlying weakness so far this week, but each time the market has looked in trouble buyers stepped in to save...
Read MoreBy: Ben Erichsen and the Newzblitz Team Nice little gap and go for the first hour of the day in the S&P, taking us through the highs of the prior two days. This upside bias came to an abrupt end at 10:30 following the...
Read MoreGuest Ralph Acampora, CMT. Senior Managing Director Altaira Investment Solutions. For many years, Ralph Acampora has been known as the undisputed “king of the charts” and is one of the most sought after technical analysts on...
Read MoreBy Scott Redler and John Darsie We have discussed the idea of a trader/transaction tax in the past, and why it is a horrible idea for many reasons. With leaders in Europe now once gain putting the possibility of a transaction...
Read MoreAM Action: 7:43a (T3) Tim_K: Dell price target lowered to $11 from $12 at Goldman 7:44a (T3) Tim_K: UPDATE: Dell Down 6%, Above Evening Lows – Q2 EPS Beats, Revenue Meets; Full Year Revenue Revised DownAug 17 at...
Read MoreUS stock futures point to a higher open Wednesday, shrugging off weak guidance from Dell (DELL) and lingering disappoint over yesterday’s Merkel-Sarkozy meeting. Markets bobbed and weaved yesterday, surging to close the...
Read MoreThe market ended a three-day winning streak Tuesday, but losses were minimal compared to the wild volatility we have seen over the past several weeks. More worries from the Eurozone, including surprisingly sluggish GDP growth...
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