Posts Tagged ‘Best Buy Earnings’

Market Edges Higher

1:05pm (EST) The bulls are working on a 2-session win streak as they look to push the next layer of resistance.  After a solid start the major averages have come off their highs but are still showing solid gains.  While overseas news has been light, we did notice Fitch’s downgradeRead more

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Best Buy (BBY) Misses, IPO’s Market Heats Up

1:40pm (EST) The bulls are trying to power ahead following Monday’s pullback and got off to a good start despite more shaky comments from across the pond.  Today’s rhetoric comes from German Chancellor, Angela Merkel, who said he was opposed to increasing the size of Europe’s bailout fund.  The currentRead more

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Best Buy (BBY) Smashes Earnings Estimates

8:50am (EST) The bulls put in a solid day to start the week as the market penetrated a number of key resistance levels on its way to solid gains.  Most of the hoopla surrounded China and the new banking regulations which allow global banks additional time to meet capital requirements. Read more

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Market Up, Best Buy (BBY) On Deck

12:20pm (EST) The bulls are pushing the market higher today, and the indexes are bumping right up to our resistance levels. The Dow is currently up 92 points to 10,303 while the S&P 500 is higher by 11 points to 1,102.  The Nasdaq showing a 29 point gain and isRead more

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Best Buy (BBY) Blowing Up

9:10am (EST)  The market took a breather on Wednesday after breaking through key technical resistance levels on Tuesday.  Although Wednesday was a down day, the major averages held those previous levels which now become short-term support. The Dow fell 53 points, or 0.5%, and finished at 10,836 as 22 of itsRead more

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Best Buy Beats Earnings

Best Buy (BBY, $38.76, up $5.30) bashed the cover off the ball and reported earnings that were higher than what Wall Street had been expecting. The stock is up over 15% this morning and has traded as high as $38.91 and to a low of $36.79. Best Buy’s profit fellRead more

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