9:20 am (EST) Intel (INTC, $18.07, up $1.24) is powering the futures higher after beating Wall Street estimates by 10 cents. The Chip sector will be strong today. Dow futures are up 92 which should translate into a strong open. Bank of America (BAC, $13.22, up $.31) is also higherRead more
It's All About Intel
Weekly Wrap for 7/5/09
1. Commentary 2. Earnings 3. Current Trades & Closed Trades 4. Closing Thoughts ************************************************** 1. Commentary The market ended the week on a sour note after a disappointing jobs report gave the bears control heading into Monday’s opening bell. The news sent the Dow reeling 223 points, or 2.6%, andRead more
Thursday's Outlook
Market Pulls Back
The Good, Bad, and Ugly
Market Ends Mixed, Update on Trades
GM, Merck, Exxon Mobil Halted
12:10pm (EST) Three servers went down on the NYSE and trading in Exxon Mobil (XOM, $73.50, down $0.55), General Electric (GE, $13.31, down $0.15) and Merck (MRK, $26.99, up $0.80) has temporarily been halted. In all, I’m hearing over 200 stocks have been affected by the communication problem between WallRead more
Wednesday Wake-Up Call
Weekly Wrap for 5/10/09
1. Commentary 2. Breaking Down a GE Trade 3. Blackstone Group Revisited 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary Even Alan Parsons would wonder “where do we go from here”… The market continued it solid uptrend last week after getting off toRead more