1:00pm (EST) The bears are pushing the second wave of support as we head into the second half of trading, the weekend, and October. Futures were flat before the European markets opened and got progressively worse before the opening bell here at home. Earnings and economic news are in focusRead more
RIMM Surprises, Bears Push Second Wave
Research In Motion (RIMM) Reports After the Bell
MomentumOptionsTrading.com Weekly Wrap for 12/12/10
RIMM Tops Estimates, Falls Short on Revenue
9:00am (EST) The bears continued their assault on the bulls Thursday following a pattern of late-day sell-offs that has carried the market generally lower all week. Yesterday’s weakness came after the Labor Department reported initial jobless claims declined 19,000 week-over-week to 457,000 which was roughly in-line with the 460,000 that had been expected. The market alsoRead more
Make Or Break Quarter For RIMM?
1:00pm (EST) Second quarter earnings season is right around the corner, but we get an early present with Research In Motion (RIMM, $58.82, down $0.82) reporting after the close today. The announcement is so important and will offer a sneak peek into how much the smart-phone playing field is leveling. Read more
Bulls Putting Up A Fight
An Apple (AAPL) A Day Keeps RIMM Away
RIMM Shares Tank After Earnings Miss
Research in Motion (RIMM, $97.53, up $0.82) reported earnings after the bell and they weren’t pretty. Wall Street was eager to hear the news but punished the stock in after-hours trading when the company missed earnings by a penny. I mentioned on Monday that analysts were looking for revenues ofRead more