11:00pm (EST) The bears finally came to life on Friday but if it weren’t for the Goldman Sachs (GS, $160.70, down $23.57) headline they might still be sleeping. The market got a slew of earnings news that was mostly good and was handling the Google (GOOG, $550.15, down $45.15) sell-off well asRead more
MomentumOptionsTrading.com Weekly Wrap for 4/18/10
Google (GOOG) Rocks, Stock Drops
9:05am (EST) The bulls extended the major indexes winning streak to six following Thursday’s gains. However, judging by this morning’s futures, the bulls will have to dig out of a hole to make it seven in-a-row. The Dow managed to squeeze a 22 point win and closed at 11,144 after touching a low of 11,096Read more
Wall Street Facing Three-Headed Monster (GOOG, BAC, GE)
Google (GOOG) Packs Its China Bags
Market Looks To Rebound
Baidu Blows Up
1:25pm (EST) The market is moving higher today and is being led by the Financial sector which is showing a 1.1% gain. The “Four Horseman” of Wall Street’s most powerful financial executives are currently testifying on Capitol Hill about the financial shenanigans over the past few years. LLoyd Blankfein of Goldman Sachs (GS, $168.96, up $1.14), Jamie DimonRead more
Google Makes A Stand
9:10am (EST) We told you the volatility pick up… The market was setting up for a steep decline yesterday but managed to bounce back in the last couple of hours after bullish traders stepped in and bought off the lows. This is options expiration week and the kick-off of earnings season so weRead more
Is Apple Due For A Split?
Weekly Wrap for 4/19/09
1. Commentary 2. Dendreon’s Next Move 3. Olin – Under the Radar 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary The market extended its winning streak to six straight weeks although the gains were marginal. Still, the streak was in jeopardy after theRead more
News Flash: Google Beats, Shares Flat
6:50pm (EST) Google (GOOG, $388.74, up $9.24) turned in another great earnings report after the closing bell but shares have now turned lower after hitting $410 in after-hours trading. Shares are currently down over $1 to $387.25 as I write this… That doesn’t bode well for Friday’s opening bell butRead more