Posts Tagged ‘MCP’

Molycorp (MCP) Takes a Breather

1:15pm (EST) After a slow start, the bulls have managed to push the major indexes higher despite some negative headwinds.  Futures were pointing towards a lower open after another debt downgrade of Portugal and the bulls were looking weak after getting some disappointing economic news.  Shortly after the bell, theRead more

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Good Day, Sunshine

12:40pm (EST) The bulls have done us proud.  Although we had to wait until 2011, or one extra trading day, the yearend targets for 2010 we had been hoping to hit by last Friday are falling like dominoes today.  We said this morning: “The bulls are looking for Dow 11,600-11,700;Read more

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