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ArchiveMixed Messages on Fiscal Cliff (GES, BKS, KR, KSS, ALIM)Posted by Geoff Seiler at 4:50PM on November 29th
While it was a bit of a seesaw session, stocks stayed mostly positive throughout the day despite mixed messages on the fiscal cliff. We still think a deal gets done, but it likely won’t be until much closer to the…  Fed Could Be Spurred to Act (HPQ, BIG, GES, KKD, CTRX)Posted by Geoff Seiler at 4:46PM on August 23rd
Stocks took a hit after Federal Reserve Bank of St. Louis President James Bullard called yesterday’s release of the FOMC minutes “a bit stale,” and said he didn’t support additional monetary easing. Jobless claims, though, hit a one-month high, which… Summer Slog Ahead? (PETM, GES, BIG, HRL, SA, UMC)Posted by Geoff Seiler at 4:35PM on May 23rd
Renewed fears over Greece caused a sharp market sell-off this morning, but stocks rallied late in the day to finish mixed. While the market is still well off it’s highs, it does continue to show some resiliency, but we still… S&P 500 Hits a Milestone (GES, VRA, WGO, CSCO, AIXG, YONG)Posted by Geoff Seiler at 4:44PM on March 15th
Stocks rose yet again, with the S&P the latest major index to hit a milestone, hitting 1,400 for the first time since June 2008. Transports helped lead the market higher today, after sources said that both Great Britain and the… Europe Grabs Headlines, But China More Important (LULU, GES, BKS, KSS, CAGC, FNSR)Posted by Geoff Seiler at 4:50PM on December 1st
After yesterday’s huge rally, stocks by and large took a breather, with the major market averages ending mixed. Given data today that officially showed that Chinese PMI fell below 50, which indicates contraction, it was a resilient showing. While Europe… The Buffett Bounce Deflates Quickly (HRL, GES, BIG, PSS, PHM, CIS)Posted by Geoff Seiler at 4:38PM on August 25th
After an initial Buffett bounce, stocks sold off amid a drop in the German stock market on rumors of a short-selling ban and credit rating downgrade, both of which have since been denied. However, buyers didn’t appear to want to… Afternoon Spy: Retailers Running, No News Rallies, and More (TIF, GES, HGG, VIT, CIS, LNKD, QPSA, IMAX, QCOM, RLD, CAJ, MEAS, CGNX, FARO, AMZN, GE, JNJ)Posted by Jason Smith at 3:00PM on May 26th
Despite underwhelming data on jobs and an equally tepid revised GDP number for Q1, the markets are instead focusing on solid earnings reports for a number of retailers, sending all of the major indexes higher. Tiffany (TIF) and Guess (GES) have both… Solid Data Overshadowing Japan Uncertainty (LULU, GES, ROST, WGO, FDX, GTLS, OPLK)Posted by Geoff Seiler at 4:40PM on March 17th
Stocks rebounded on the day, as solid economic data and an upbeat outlook from economic barometer FedEx (FDX) overshadowed the continued uncertainty over the Fukushima Dai-ichi nuclear plant in Japan. The economy continues to show strength, and at this time, we… Summer Doldrums Continue As Stocks Forfeit Early Gains (DEO, FRED, GES, PDCO, ARST)Posted by Jim Ambrosio at 4:54PM on August 26th
A morning rally lost steam and stocks sank again. We still expect many of the companies that are sitting on piles of cash to put it to work on the M&A front, hopefully starting in the fall. Until then, we… Investors Sell-Off Into Holiday Weekend (JCG, GES, NOVL, BCSI, HEV)Posted by Jim Ambrosio at 4:59PM on May 28th
Stocks felt a jolt midday after Fitch downgraded the debt of Spain from its highest rating, while saying its rating outlook was now stable. S&P downgraded the county’s debt a month ago, so it wasn’t exactly a jawdropping move, but…  |
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