9:00am (EST) Research in Motion (RIMM, $66.78, down $0.44)) said their BlackBerry network is suffering major delays as users are having trouble getting emails this morning. The outage started last night and BlackBerry users in many parts of Asia including China and India, also were reporting downtimes. Talk about aRead more
RIMM Has Issues
Home Sales Give Market A Lift
Market Looks To Extend Streak
Avatar Opens Strong
8:50am (EST) Futures are pointing to a higher opening this morning, following gains in overseas markets as Wall Street prepares for the upcoming week. Many expect trading will be light during the Christmas holiday-shortened week, but that can add to volatility. The market will be closed Friday. We don’t have a lotRead more
MomentumOptionsTrading.com Weekly Wrap for 12/20/09
MomentumOptionsTrading.com Midday Update for 12/18/09
RIMM Rocks, Palm Rolls
9:10am (EST) Futures are pointing towards a higher open this morning following yesterday’s selloff. The Dow ended Thursday with a 132 point drop and settled at 10,308 while the S&P 500 fell 13 and finished at 1,096. Today is a quadruple witching day which means contracts for stock index futures,Read more
Bernanke Gets 2nd Nod
12:40pm (EST) The Senate Banking Committee has approved the nomination of Federal Reserve Chairman Ben Bernanke to run the show for another four years by a 16-7 vote. Big Ben’s nomination will now go to the full Senate for consideration. It appears he has enough votes to win a second term, but as youRead more