Posts Tagged ‘International Business Machines’

Are We There Yet?

12:40pm (EST) Is it me or does it feel like we are watching paint dry?  In what should have been an easy grand-slam today, the Dow is having trouble punching through that 10,000 point brick wall.  We got a strong pop and then lost some of the fizz shortly after the marketRead more

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Weekly Wrap for 4/19/09

1. Commentary 2. Dendreon’s Next Move 3. Olin – Under the Radar 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary The market extended its winning streak to six straight weeks although the gains were marginal. Still, the streak was in jeopardy after theRead more

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Next Week's Secret

12:05pm (EST) With all of the attention being focused on the financials this week, nobody is looking ahead to a huge event happening Monday. International Business Machines (IBM, $99.95, up $1.10) will be reporting earnings and I think they are going to produce a huge quarter. The problem this weekRead more

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Down Day Triggers Stops

After a four-day winning streak, the market was due for a pause as all three major indexes traded lower. A couple of crummy economic reports really set the tone today and the Dow didn’t even come close to sniffing positive territory. Jobs and Housing were the culprits. The number ofRead more

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IBM Breaks Through Resistance

Yesterday it appeared International Business Machines (IBM, $94.82, up $3.16) was not going to join the market’s party as the stock was only up by a few nickles. The Dow was enjoying a triple-digit gain, yet IBM was stuck in neutral. Turns out, IBM was the party on Wednesday. TheRead more

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Market Off to Strong Start

Weekly Wrap 1/25/09

1. Commentary 2. Financials 3. Techs 4. Biotechs 5. Earnings 6. Closing Thoughts ************************************************** 1. Commentary The market continued its slide as the all three major indexes lost ground again last week. There was strength in certain sectors while other sectors continued their volatile ways, especially the financial stocks. TheRead more

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Big Blue Beats Street

International Business Machines (IBM $81.98, down $2.94) beat Wall Street estimates after the market closed on Tuesday and got a lift in after-hours trading. The company reported a profit of $3.28 a share on sales of $27 billion, versus $2.80 a share on revenue of $28.9 billion last year. WallRead more

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CFTC Disclosure:

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.