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
Market Edges Higher
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
Best Buy (BBY) Smashes Earnings Estimates
Market Up, Best Buy (BBY) On Deck
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