12:10pm (EST) Out with the old, in with the new. The Dow Jones Industrial Average is made up of 30 stocks. From time-to-time, stocks are dropped and others added to make up 30 “blue-chips” companies. Today’s announcement in a 3-swap deal kicks Alcoa (AA, $8.07, down $0.02), Bank of AmericaRead more
Blue-Chips Get a Facelift/ Profit Alert (QQQ)!!!
Big Blue (IBM) Comes Through/ New Trade / Profit Alert!
11:50am (EST) The market has been in a tight, mini-trading range for the past 4 sessions but today’s action could be the start of another leg higher. Earnings continue to come in ahead of expectations for the most past and the gains in International Business Machines (IBM, $199.63, up $5.08)Read more
Bears Loving Monday’s
Bulls Struggling at Resistance
Alcoa (AA) First Blue-Chip to Report
1:10pm (EST) The bears are picking up where they left off on Friday as futures were suggesting a lower open throughout the night. Much of this morning’s headlines have come from overseas as the Europe debt crisis continues to be an overhang. The eurozone finance ministers are meeting again todayRead more
Earnings, Sentiment Weigh on Market
1:00pm (EST) IBM (IBM, $201.63, down $5.82) and Intel (INTC, $27.91, down $0.56) are weighing on the market after reporting earnings after the close on Tuesday. IBM beat estimates but missed on revenues while Intel is trading lower after reporting lower gross margins for the quarter. The Dow is currentlyRead more
Bears Recover Despite Window Dressing by Bulls
Bulls Eye April Highs, Bears Banking on Greece
Microsoft (MSFT) Keeps Momentum, Shares Up
Thursday’s 4 Horsemen (GOOG, INTC, MSFT, IBM)
9:00am (EST) The bulls got off to a good start on Tuesday following Monday’s holiday as overnight and morning futures were up significantly before the European markets opened for trading. The major averages surged 1% out of the gate but finished the day giving back half the highs and thenRead more