1:15pm (EST) The bears are trying to get on the scoreboard after yielding points to the bulls for 3-straight sessions. Much of today’s action can be blamed on concerns over China’s economy slowing as some are saying and some of the mining stocks such as BHP Billiton (BHP, $72.77, downRead more
Bears Growl, Bulls Holding Support
Disney (DIS) Makes Walt Proud, Big Ben Stays Focused
Rally Cools As Bears Push Back
9:00am (EST) The bulls failed to carry Monday’s momentum over into Tuesday as the market started lower and struggled for much of the day. The market slipped as optimism waned following the $1 trillion European rescue package. We didn’t have a triple-digit close on the Dow for the first time in five trading sessionsRead more
Back on the Bandwagon
9:00am (EST) Let the stampede begin… Yesterday should have been convincing enough that something real is happening in the market right now. There has been a vast majority of Wall Street analysts, talking heads, hedge fund and mutual fund managers, and chief market strategists who have called for a market pullback over theRead more
Upgrades Could Keep Momentum Going
Wednesday’s Wakeup Call
9:05am (EST) The Dow managed to squeak out a small gain of 2 points yesterday and closed at 10,405 after dipping into negative territory in the final hour. Despite Tuesday’s choppy action, the Dow managed to stay above 10,400 for the second consecutive day, something that hasn’t happened since mid-January. Meanwhile, the S&P 500 also addedRead more
Disney Buying Marvel
9:15am (EST) The Walt Disney Company (DIS, $26.84) has agreed to acquire Marvel Entertainment (MVL, $38.65) in a stock and cash deal that will provide significant opportunities for Disney over the long run. Under the terms of the deal and based Disney’s closing price as of Friday, Marvel stockholders will receiveRead more