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ArchiveMore of a Breather Than Anything Else (CAT, SNDK, NFLX, POT, CIGX, CRR)Posted by Geoff Seiler at 4:46PM on January 26th
Stocks slipped on the day following some generally lackluster economic data but generally good earnings news. Nonetheless, it was more of a breather than anything else, and the market still appears to remain in bull mode for now. An accommodative…  September Looking Much Better (DCI, LDK, BAC, NBG, CIGX, EDV)Posted by Geoff Seiler at 4:55PM on August 29th
Stocks soared on the day, as Hurricane Irene was not nearly as damaging as feared and consumer spending was strong in July. In addition, investor spirits were buoyed by a merger of Greece’s second- and third-largest banks and a subsequent… Hurricane to Shape Wall Street’s Direction Next Week (TIF, P, BEBE, KKD, ARUN, CIGX)Posted by Geoff Seiler at 5:34PM on August 26th
It was another seesaw day for stocks, but the market closed higher, rallying after Fed Chairman Bernanke’s speech. The Fed Chief didn’t promise QE3 as many traders had hoped, but instead he assured investors that the Fed still had tools… Afternoon Spy: Social Networking Stock Sets All Time Record (QPSA, LNKD, EDMC, STRA, CLUB, MED, CIGX, SWM, HCBK, BFIN, AAPL, F, JNJ, JOYG)Posted by Eric Monte at 2:37PM on June 2nd
The markets are holding firm today and are trading flat. The final retailers reported same store sales on Thursday with most companies coming in shy of expectations, this is after topping estimates the prior four months. In other economic news,… Morning Spy: Education Winning Big; Markets Look to Hold Ground (ESI, APOL, QPSA, SINA, CIGX, SWM, HGG, CONN, WPO, MSO, JNJ, F, T, VZ, AAPL, GM, KO)Posted by Eric Monte at 10:41AM on June 2nd
A day after the major averages fell 2.3% and closed at their lows, markets are trading flat on Thursday as data showed that initial jobless claims fell from 428,000 for the week ending May 21 to 422,000 for the week… Summer Doldrums Arrive Early (ZAGG, CIGX, DG, JOSB, ENS, PVH)Posted by Geoff Seiler at 5:19PM on June 1st
Today started off badly and ended worse as stocks were never able to find any support. The economic news in the form of the private ADP jobs report was poor, but the economic data has been mixed, at best, recently.… High Gas and Food Prices the Main Rebound Risk (STZ, RT, MOV, REE, CIGX, BBBY)Posted by Geoff Seiler at 4:43PM on April 7th
While the market ended modestly lower, it was a solid day of economic news, with jobless claims once again falling and retail sales coming in ahead of expectations. High gasoline and food prices remain a risk to the economic rebound,… This Market Is Showing Resiliance (WSM, DSW, BWS, FDS, CSIQ, CIGX)Posted by Geoff Seiler at 4:41PM on March 15th
Stocks tumbled for the second straight day, but the market once again pared its losses, showing its resiliency. While we remain cautious in the near term and had been forecasting a normal market correction, we remain upbeat about the long-term… Stocks Shaken by Quake Before Recovering (ANN, ULTA, PLL, CIGX, MED, NSM)Posted by Geoff Seiler at 4:52PM on March 11th
Stocks had a topsy-turvy day, but ended nicely higher. The aftershocks of the huge 8.9 earthquake that hit Japan sent stocks down early, but a relatively calm day in Saudi Arabia, despite the called for “Day of Rage,” bolstered investor… Analyst Sees Limited Upside For Two High-Yield Tobacco Stocks (MO, RAI, CIGX, AOI, LO, PM, VGR)Posted by Jason Smith at 3:37PM on September 30th
Deutsche Bank took Altria (MO) and Reynolds American (RAI) to “Hold” from “Buy” on Thursday, noting that valuations near the high end of historic cash flow multiples suggest “a more balanced risk/reward.” The firm maintained the stocks’ respective $25 and $65 price…  |
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