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Earnings Parade Rolls Along As Citigroup, Goldman Sachs Report And SPX Now Tops 2900
Monday, April 15, 2019 - 10:02am | 2357Read More...Everybody loves a good comeback story, as golf fans might tell you following Tiger Woods’ unexpected victory at the Masters over the weekend. The markets have also staged quite a comeback since the end of 2018, and there was more evidence of that Friday when the S&P 500 Index (SPX) closed...
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Info Tech Reporting Season Ahead: High Hopes Despite Signs Of Negative Q1 Earnings
Tuesday, April 9, 2019 - 10:41am | 1547Read More...The way Info Tech stocks outperformed the market over the last three months, investors might be expecting the sector’s Q1 earnings growth to be sky high. That won’t necessarily be the case, however, if analysts have things pegged right. Info Tech firms, on average, could see a slight-to...
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As Market Seeks Direction, FAANG Selling Comes Into Focus Amid New Data
Tuesday, April 9, 2019 - 10:00am | 1943Read More...Markets are on the cusp of a lot of news, but none has broken yet. This week brings a Brexit deadline, a European Central Bank (ECB) meeting, Fed minutes, and the start of earnings season, but for now, that’s all in the future and stocks don’t appear to be moving too far one way or...
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Cramer: Markets Can't 'Handle' Wave Of Upcoming IPOs
Wednesday, March 27, 2019 - 2:51pm | 355Read More...Ride-hailing company Lyft's IPO is days away, and a handful of other "unicorns" are on deck for public listings. The "coming onslaught" of new listings could prove to be a problem for investors for simple reasons of supply and demand, according to CNBC's Jim Cramer. What...
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Light Goes From Green To Red As Weak European Data Puts Brakes On U.S. Rally
Friday, March 22, 2019 - 9:55am | 2145Read More...Renewed global growth fears might dim the rally lights a little Friday after yesterday’s Fed party. A sharp rally Thursday that led stocks to five-month highs hit the brakes in pre-market action after European stocks fell sharply amid more soft data. Factory output in Europe slumped to its...
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Strength Appears To Continue As China Offers Stimulus Plan
Friday, March 15, 2019 - 10:29am | 2294Read More...Stocks seemed determined to end what’s been a powerful week in the green. A positive tone infused the markets early Friday in part on optimism about China as investors eyed the latest trade news and also viewed more economic stimulus from the Beijing government. We’ll get to the trade...
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Global Barometer: Oracle Earnings Could Provide Insight On Economy
Thursday, March 14, 2019 - 10:52am | 929Read More...Anyone seeking insight into the global economic picture might want to pay attention Thursday after the U.S. closing bell when computer technology corporation Oracle Corporation (NYSE: ORCL) delivers its fiscal Q3 earnings. A big thing to consider looking for from ORCL is the company...
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China Might Take Some Starch Out of U.S. Rally With More Weak Economic Data
Thursday, March 14, 2019 - 10:17am | 2155Read More...After hitting a five-month high in a broad-based rally on Wednesday, U.S. stock indices appear to take on a relatively neutral tone early Thursday as investors examined some weak Chinese data and assessed trade talk progress. Bloomberg reported that a summit between President Trump and Chinese...
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Boeing And Brexit: "Two B's" Dominate Market Conversation At Midweek
Wednesday, March 13, 2019 - 10:13am | 2276Read More...Despite continued concerns over Boeing Co (NYSE: BA) and some weakness in Asia and Europe after another Brexit plan got rejected yesterday, U.S. shares took on a slightly positive tone early Wednesday. Considering the focus on Brexit and Boeing, it’s interesting to see how the U.S...
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Brexit Time Again: As Parliament Votes, U.S. Stocks Have Mixed Tone With Boeing Down
Tuesday, March 12, 2019 - 10:00am | 2074Read More...Brexit is back in the news today, with a key parliamentary vote scheduled as the March 29 deadline looms. If you remember, the last time Parliament voted on a Brexit plan, back in January, it got overwhelmingly rejected. Since then, Prime Minister Theresa May has made changes. Earlier this...
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Retailers In Focus As New Week Starts, With Target, Costco, And Kohl's Soon To Report
Monday, March 4, 2019 - 11:03am | 2156Read More...Some people complain that the holiday shopping season goes on and on, but how about earnings season? It’s March and a host of major retailers are about to display their financial wares in the days ahead. Earnings season officially started back in January. As retail earnings roll along, so...
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Soft Touch: Home Depot's Earnings Miss, Caterpillar Downgrade Both Appear To Weigh
Tuesday, February 26, 2019 - 11:21am | 2648Read More...The week began with tons of positive momentum, but that appears to be dissipating a bit Tuesday morning. Asian and European stocks are lower and crude is struggling a little after a major plunge yesterday. Meanwhile, geopolitical news continues to swirl, but without any major new developments on...
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Valentine's Card From The Market: Trade Optimism Continues, Cisco Posts Strong Quarter
Thursday, February 14, 2019 - 11:03am | 2416Read More...Investors got their Valentines from the stock market a bit early this year, with major indices mounting a rally over the last few days that would likely warm the heart of even the most enthusiastic bull. The rally had initially looked likely to continue early Thursday as investors reacted to news...
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Banks And Info Tech Lead Way In Sharp Rally Amid Hopes For Geopolitical Progress
Tuesday, February 12, 2019 - 6:38pm | 1226Read More...After several days of geopolitical headwinds, a tailwind blew in Tuesday amid positive tidings on China trade and hopes of avoiding another government shutdown. All the major U.S. indices rose 1% or more, and the S&P 500 Index (SPX) breached key technical resistance at its 200-day moving...
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Shutdown Avoided? Stocks Get Early Boost With Activision Blizzard Earnings Later
Tuesday, February 12, 2019 - 11:25am | 2382Read More...Conventional wisdom suggests that government shutdowns don’t matter much to the markets. That proposition might get tested Tuesday. U.S. stock indices turned a bright shade of green after news of a potential border deal in Congress to avoid a shutdown that could start this Saturday. While the...
















