Stock Market News, Breakouts, Swing Trades, Stocks in Play, Mojo plays, Position Trades, Options and Daytrades
posted by Gordengekko at 8:44 AM
0 comments
posted by Gordengekko at 8:08 AM
0 comments
posted by Gordengekko at 7:41 AM
0 comments
posted by Gordengekko at 7:29 AM
0 comments
Negative words from the Oracle of Omaha, Warren Buffett, stifled an emerging stock market rally. While good news from Alcoa, General Motors and Goldman Sachs still managed to lift shares to a modestly higher close on the session. The DJIA advanced 4.76 to 8183.17, the Nasdaq climbed 5.38 to 1752.55 and the S&P 500 marched 3.12 points higher to 882.68.
Here are 7 stocks you need to know about for Friday:
Progressive (PGR | Quote | Chart | News | PowerRating) will release its 2nd quarter earnings figures before the bell on Friday. Analysts are predicting 37 cents/EPS.
Super negative news continues to hammer American International Group (AIG | Quote | Chart | News | PowerRating) with Citigroup (C | Quote | Chart | News | PowerRating) throwing in the towel by saying it is unlikely any value will be left for shareholders after they pay back the government rescue loans.
An analyst at Bank of America (BAC | Quote | Chart | News | PowerRating) said that trading revenues at Goldman Sachs (GS | Quote | Chart | News | PowerRating) may exceed record levels set in 2007 and upgraded shares of the venerable investment bank.
General Motors (GM | Quote | Chart | News | PowerRating) obtained their Chapter 11 Bankruptcy discharge today in amazingly fast corporate timeframe.
Huge Chinese demand for Ford's (F | Quote | Chart | News | PowerRating) Fiesta model resulted in the company providing positive guidance into the rest of 2009.
posted by Gordengekko at 7:12 AM
0 comments
posted by Gordengekko at 8:04 AM
0 comments
posted by Gordengekko at 7:47 AM
0 comments
posted by Gordengekko at 7:40 AM
0 comments
A slew of negative economic news kept shares trading in negative territory for most of the session. Consumer credit fell for the 4th straight month and the IMF forecast further contraction for 2009. Despite the rally-crushing news, bargain hunters were able to push the DJIA higher by +14.81 to 8178.41, the Nasdaq poked ahead by +1.00 to 1747.17 but the broad based S&P 500 failed to break the positive barrier slipping -1.47 to 879.56.
Here are 7 stocks you need to know about for Thursday:
Dow stalwart Alcoa (AA | Quote | Chart | News | PowerRating) posted 47 cents/share loss after the bell for the 2nd quarter. It's the first DJIA stock to report.
Rumors of a speculative trading clampdown pushed shares of the Intercontinental Exchange (ICE | Quote | Chart | News | PowerRating) and the Chicago Mercantile Exchange (CME | Quote | Chart | News | PowerRating) lower on the day.
3Com (COMS | Quote | Chart | News | PowerRating) reports earning before the bell with an expected .04/EPS for the fiscal fourth quarter.
Oil company, Chevron (CVX | Quote | Chart | News | PowerRating), reveals second quarter earnings before the open. Analysts are expecting $1.22/EPS.
Blackrock (BLK | Quote | Chart | News | PowerRating) and Invesco (IVZ | Quote | Chart | News | PowerRating) were among the 9 money managers chosen by the US Treasury to manage the "toxic asset" program.
posted by Gordengekko at 10:23 PM
0 comments
posted by Gordengekko at 8:05 AM
0 comments
posted by Gordengekko at 7:58 AM
0 comments
posted by Gordengekko at 7:37 AM
0 comments
Stocks were hit hard today, falling due to earning jitters and declining oil prices. Over 10% of stocks in the S& P 500 either cut or suspended dividends this quarter further adding to the negative sentiment. The DJIA dropped 161.27 to 8163.60, the Nasdaq fell 41.23 to 1746.17 and the S& P 500 gave back 17.69 to 881.03.
Health insurers bucked the downward trend today with Aetna (AET | Quote | Chart | News | PowerRating) and Cigna (CI | Quote | Chart | News | PowerRating) climbing higher on relief that Obama may delay implementing his government health plan.
Recession thriving, Family Dollar Stores (FDO | Quote | Chart | News | PowerRating), reveals its third quarter earnings before the bell on Wednesday with 59 cents/share the consensus estimate.
Soft drink king pin, Pepsi Bottling Group (PBG | Quote | Chart | News | PowerRating), expects 73 cents/share at its earnings release pre-open.
The search engine juggernaut, Google (GOOG | Quote | Chart | News | PowerRating), dropped below $400.00/share today.
American International Group (AIG | Quote | Chart | News | PowerRating) lost a $4.3 billion dollar case against a private company run by its former CEO Hank Greenberg alleged to have looted AIG for billions in stock. In addition, the company executed a massive 1 for 20 reverse stock split sending shares plummeting.
Alcoa (AA | Quote | Chart | News | PowerRating) will announce its second quarter earnings after the bell on Tuesday with an expected loss of 36 cents/share.
posted by Gordengekko at 10:31 PM
0 comments
posted by Gordengekko at 8:46 AM
0 comments
posted by Gordengekko at 8:25 AM
0 comments
posted by Gordengekko at 7:57 AM
0 comments
posted by Gordengekko at 7:51 AM
0 comments
posted by Gordengekko at 7:38 AM
0 comments
Disclaimer: This website may include stock market analysis. Any ideas or opinions expressed by us is for informational purposes. Trade at your own financial risk as we assume no responsibility for your investing decisions in the markets.
