Hello $30’s, goodbye $40’s. That is the story with HSBC Holdings (HBC, $39.00, down $3.19) which is down another 6% today along with many other financial stocks. The Dow managed to start off in positive territory but is currently down 152 points to 8047. The Dow briefly dipped below 8000Read more
Midday Update: Financial Stocks Continue Lower
Market Tumbles – More Trouble Ahead For Citigroup?
Apple Halted Temporarily in After-Hours Trading
Don’t shoot the messenger. Unfortunately, the market can be insensitive at times and when news hit the market that Apple’s (AAPL, $85.33, down $2.38) co-founder and CEO Steve Jobs would be taking a medical leave of absence until the end of June, the stock was halted. After-hours trading on AppleRead more
Futures Pointing Towards Lower Open
AutoZone Trade Closed, HSBC Update
Bears Eyeing HSBC Holdings
Trade Updates: AZO, DNA, FDO, ISRG
AutoZone Breaks Below $130
We left the AutoZone (AZO, $130.64, down $2.42) trade open over the weekend hoping to get a break below $130 which was achieved 30 minutes into today’s trading session. The stock got a downgrade from “Outperform” to “Market Perform” which has pushed the shares lower. I’m not really sure whatRead more