1:40pm (EST) The bulls are looking to extend their winning streak to three straight sessions and have a pretty good lead heading into the second half of trading. Futures were pointing towards a higher open this morning despite some disappointing economic data ahead of the bell. The Empire State ManufacturingRead more
Bulls Going for Hat trick
Bears Headed For Weekly Win, Final Hour Drama?
Wall Street History for $600, Alex
Market Hitting New Lows
Ain’t Talkin’ ‘bout Love
Get out the Pepto
9:00am (EST) If the volatility in July gave you heartburn then take another shot as things could get even crazier in August. The ups and downs of the recent indexes have caused some upset stomachs and yesterday’s nearly 300-point swing had Wall Street traders ordering doubles. We mentioned yesterday morning weRead more
IPO Market Heats Up
1:10pm (EST) Despite a choppy market, Initial Public Offerings (IPO’s) are hot this week as we have counted at least a dozen companies making their debut. The biggest name on the docket is Dunkin Brands (DNKN, $28.04, up $9.04) which priced at $19 on Tuesday after the bell and opened forRead more
Humpty Dumpty Sat on a Wall…
9:00am (EST) The bulls started Tuesday’s session playing catch-up once again after the market open lowered over the “lack of urgency” in Washington to get a debt-limit deal done. The hemming-and-hawing between the Democrats and Republicans has been a drag on the indexes as Wall Street expected a deal would get done over the weekend,Read more
Broadcom (BRCM) Beats, Shares Surge
12:40pm (EST) The market is continuing its slow drift lower as the debt ceiling debate in Washington carries on with the August 2 default deadline just one week away. No use in going over the non-news so let’s look at economic news and earnings. Before the bell, the S&P/Case-Shiller 20-cityRead more
Netflix (NFLX) Warns of Slower Growth
9:00am (EST) The bears did a little damage on Monday as the circus in Congress continued on after the Republicans and Democrats failed to come to any sort of agreement on how to fix America’s debt crisis. The market plunged 1% on yesterday’s open but the bulls battled back throughout theRead more