12:40pm (EST) Futures were pointing towards a strong open this morning but took a hit after an unexpected spike in jobless claims and a mixed PPI (Producer Price Index) report. Initial Claims came in at 380,000, up 13,000, versus expectations for 355,000, while Continuing Claims came in at 3.25 millionRead more
Google (GOOG) on Deck
Microsoft (MSFT) Keeps Momentum, Shares Up
Bulls Walking on Thin Ice
Google (GOOG) Drops $30+
8:50am (EST) The bulls got their second straight win on Thursday but the margin of victory matched Wednesday’s slight gains. The bears dominated the early action after hearing initial jobless claims rose by 27,000 week-over-week to 412,000. Wall Street was looking for 385,000 and the jump back over 400,000 was the headline shocker. ThisRead more
Google’s (GOOG) Earnings After the Bell
Freeport-McMoRan Splits, Options Back in Play
1:05pm (EST) We often get asked why we don’t recommend options on stocks like Apple (AAPL, $345.21, up $1.77), Google (GOOG, $609.59, down $0.56) or IBM (IBM, $163.46, down $0.07). These stocks show tremendous price action and there are numerous, other, momentum stocks we do follow but shy away fromRead more
Bulls Play Google (GOOG) Card
Bernanke Breaks Bulls Enthusiasm, Apple (AAPL) Blazes Higher
Google (GOOG) Pushes $600
9:00am (EST) The bulls were looking to extend their winning streak to six straight sessions as the bears battled hard to put a plug in the current rally. The cards were in their favor as a slight jump in jobless claims and an ongoing housing foreclosure crisis that continues to haunt the Financial sector lookedRead more