ArchiveDespite Rebound Rally, Market May Continue to Drift Lower (AA, MFRM, NOK, TZOO, AMZN, GOOG, STP, BTX)Posted by Geoff Seiler at 4:32PM on April 11th
Stocks rebounded following a five-day losing streak, helped by a better-than-expected earnings report and outlook from aluminum producer Alcoa (AA). Nonetheless, in general, we’re still looking for the market to drift lower during the spring/summer period. However, if this occurs, we… Even Beaten-Down Financial Stocks Popular Today (LULU, TIF, CRUS, WBMD, AA, BAC, IPGP, HITK)Posted by Geoff Seiler at 4:59PM on January 10th
Investors were in a bullish mood today as there was little negative news out of Europe to dampen the mood. Alcoa (AA) also helped set a positive tone with its optimistic outlook for aluminum demand this year. Beaten-down financial stocks were… Earnings Around the Corner (MMI, GOOG, CFN, SCHN, AYI, AA, JPM, INHX, IPCM)Posted by Geoff Seiler at 4:43PM on January 9th
Stocks edged higher on a relatively quiet day with no economic news to speak of. Earnings season kicks off in earnest this week, with aluminum maker Alcoa (AA) taking its traditional role as one of the first large caps to release… After Quick Rally, Headline Risks Remain (PEP, AA, PGR, LIZ, JCP, ISS, JVA)Posted by Geoff Seiler at 4:39PM on October 12th
Stocks rose on the day, shaking off a disappointing earnings report from Alcoa (AA) and a “no” vote from Slovakia on strengthening the European Financial Stability Facility (EFSF). The other 16 EU members had already voted yes to the changes for… Looking for Focus on Fundamentals, Not Europe (KNXA, JNY, CAR, HTZ, DTG, AA, FREE, CCG)Posted by Geoff Seiler at 5:06PM on October 11th
The major market averages rebounded from early-morning losses to close in the green, except for the Dow, which finished slightly lower. While it was a nice bounce, it was actually one of the calmer days for a market that has… As Stocks Rocket, Earnings Around the Corner (SMG, CPX, SPN, NFLX, AAPL, AA, URZ, EDV)Posted by Geoff Seiler at 4:37PM on October 10th
Stocks rocketed higher to start the week, as the leaders of France and Germany pledged a “comprehensive response” to the EU’s sovereign debt woes by the end of the month and vowed that EU banks would have adequate capital. Investor… Earnings Season Could Kick Markets Into High Gear (AA, MCHP, NVLS, RADS, NCR, NXG, JVA)Posted by Geoff Seiler at 4:56PM on July 12th
Continued worries about Europe and a pair of poor reports out of techland helped lead the market lower today. However, we think the comments from Alcoa (AA) pointed to a continued economic recovery, as many of its end markets are seeing… Afternoon Spy: Relief! (JASO, KOOL, RLD, SI, RENN, AA, CHK, NOK, AAPL)Posted by Eric Monte at 2:32PM on June 14th
The markets continue to trade with strength today as the Dow Jones Industrial Average builds on its triple digit gain. During the last few weeks the markets have struggled to hold onto gains in the afternoon, it appears that trend… Stocks Get Hit As Goldman Yells ‘Sell’ On Commodities (AA, FAST, EXTR, WMS, NBS, ARTW)Posted by Geoff Seiler at 5:03PM on April 12th
Stocks took a hit as Japan raised its nuclear crisis level from 5 to 7, the same level as Chernobyl, and Goldman Sachs came out and said it’s time to sell commodities as the risk-reward was no longer as favorable.… BHP Billiton Races To New Higher After Refuting Woodside Speculation (BHP, RIO, POT, AA, BTU, ACI, ANR, MEE, RDS.A)Posted by Todd Shriber at 1:06PM on April 11th
BHP Billiton (BHP), the world’s largest mining company, is trading higher by 2% after its U.S.-listed shares touched a new 52-week high earlier in the trading session following statements by the company that it isn’t “aware of any basis for the… |
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