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Gold, Oil and the Dollar Oh My!

Wow. Just when it appeared gold was “off to see the wizard..” and was headed for $1,000 an ounce it is now trading for under $800 an ounce. The 20% drop has happened in just six weeks. On July 1, gold was going for $940. This morning, gold was tradingRead more

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Nvidia Options Active

Nvidia (NVDA, $13.00, up $0.74) is up 25% for the month despite reporting a lousy quarter. You know when the company CEO says their quarter was “disappointing” not too much good can come from that. However, it has. Nvidia reported a 2Q loss of $121 million, or $0.22 a share,Read more

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Abercrombie, Kohl's Up Before Earnings

Abercrombie & Fitch (ANF, $53.62, up $32.36) and Kohl’s (KSS, $48.85, up $1.26) have been all over the map this week as both companies prepare to announce earnings over the next 24 hours. Kohl’s will announce after the bell today, ANF before the bell Friday. ANF has been trading betweenRead more

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Netflix Could Fall

NetFlix (NFLX, $31.78, up $0.62) has just reported an outage of some sorts with its website or database that could affect up to a third of its customers. The worst thing that can happen to a website that relies on the Internet for its success is a website outage orRead more

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Genentech Ditto's ImClone, Rejects Offer

Genentech (DNA, $98.53, up $0.68) will not win an academy award for its efforts in “evaluating” take-over offers but give the company credit for at least trying. The “special committee” that has been evaluating the $44 billion bid from Roche said this morning that the deal “substantially undervalues” the companyRead more

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Deere Disappoints Again

Shares of Deere (DE, $61.24, down $8.11) are getting hammered this morning after the company missed Wall Street’s expectations once again. The company reported profits of $575 million, or $1.32 a share compared to last year’s quarter of $537 million, or $1.18 a share. Wall Street had expectations of $1.36Read more

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Sonic Marches Higher

Sonic (SONC, $16.70, up $0.13) continues to trade higher on no real news. The restaurant sector has done well over the past few weeks and Sonic has participated in the rally. Lower oil prices have helped fuel a recovery from some of the lows as many of these stocks gotRead more

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Genentech Hits All-Time High

Genentech (DNA, $98.12, up $0.29) has hit an all-time high this morning. Although we still haven’t heard from the company’s “special committee” that is evaluating the $44 billion bid from Roche, there’s a research note out this morning saying Genentech was worth $130 a share. The analyst went on toRead more

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Retail Earnings

Here’s a look at some of the companies that will reporting earnings this week: Abercrombie & Fitch (ANF, $54.11, up $3.73) announces earnings Friday. The stock fell nearly 10% when the company said same-store sales were down 7% last week. The stock rebounded on Monday after hitting a low ofRead more

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Harley-Davison Weathers Storm

Back in June, I mentioned shares of Harley-Davidson (HOG, $41.94, up $0.19) had been in a downtrend for 18 months, falling from a high of $75 to a low of $32.18 on 7/15. Two days later, the company announced earnings and since then the stock has been on a roll.Read more

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