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ArchiveAn Unquantified Promise Is Enough (WFM, SFLY, ZNGA, AKAM, IMAX)Posted by Geoff Seiler at 8:22PM on July 26th
Stocks soared on the day after European Central Bank (ECB) President Mario Draghi promised that the ECB would “do whatever it takes to preserve the euro,” adding, “believe me, it will be enough.” The unquantified promise was enough for a…  Tough Sledding Turns Smooth (PRGS, FRAN, ZQK, MOH, CNC, NAV, IMAX, ERF)Posted by Geoff Seiler at 9:22PM on June 8th
After tough sledding last week, U.S. stocks enjoyed one of their best weeks of the year, closing with solid gains today. Europe is likely to continue to move the market and Reuters reported Spain could ask members of the Eurozone… Wouldn’t Mind a Bit of a Pullback (RAX, FOSL, GT, ZIP, IMAX, LDK)Posted by Geoff Seiler at 4:31PM on February 14th
Stocks were headed for a down day as retail sales came in a bit light and there was a setback in the Greek bailout, as EU leaders cancelled a meeting after Greece’s government failed to deliver on a recent demand… Eclectic Winners and Losers as a Wild 2011 Closes Out (DCTH, MOSY, TSRA, LNG, ZAGG, IMAX)Posted by Geoff Seiler at 2:15PM on December 30th
Stocks were trading near breakeven around late morning, as were oil prices. Gold was trading higher. At mid-day, the Computer Peripheral Stocks Index was the top performing tickerspy Index, led by Zagg Inc (ZAGG) with a 7% gain. The Photographic Equipment Stocks Index was… Washington’s Follies Will Dictate Market’s Direction (GMCR, POT, SFLY, AKAM, IMAX)Posted by Geoff Seiler at 5:07PM on July 28th
The market erased early gains, as the debt ceiling woes continue to weigh on stocks. Overall, it was a much better day for earnings than yesterday, with solid reports across various industries. Still the market is likely to stay in… Negative Movers: Poor Earnings Sink Some Tech Stocks (IMAX, SQNS, EZCH, TQNT, COHR)Posted by Eric Monte at 10:57AM on July 28th
The markets are trading marginally higher on Thursday after intial jobless claims dropped below 400,000 for the first time since April 1. Today’s Negative tickerspy Indexes Photo Equipment Stocks (down 7.8% vs S&P 500): Shares of Imax (IMAX) are leading the Index lower… Debt Ceiling Resolution Could Come Down to the Deadline (KMB, HCA, LO, SIX, CONN, IMAX)Posted by Geoff Seiler at 5:04PM on July 25th
Stocks fell on the day, as our elected officials continue to play chicken with raising the debt ceiling. We believe a deal will get done, but it will go down to the deadline so both sides have plenty of time… Morning Spy: Imax Shares are 3D Today, eBay Gets a Verdict (IMAX, RENN, IXYS, PAL, EXK, JPM, EBAY, COF, MTB, WFC, BAC, WMT)Posted by Eric Monte at 10:19AM on July 14th
The markets have opened to the upside on Thursday. The markets may be moving higher after June retail sales turned positive again increasing by 0.1% following a 0.1% decline in May. Analyst consensus was for sales to fall by 0.2%. Today’s… Earnings Season Could Bring Clarity to Markets (NTCT, BLUD, AMN, NOV, JOE, EXK, IMAX)Posted by Geoff Seiler at 4:57PM on July 5th
After last week’s monumental run, stocks ended the day mixed. Given that Moody’s downgraded Portugal’s debt and the market quickly recovered, we’d say the bulls are still in charge. We were looking for a fall rally, so we’ll see if… Morning Spy: Solar Pops, Apple Worst 1H Since ‘08 (MCP, YGE, FSLR, IMAX, USCR, BCS, AMZN, BAC, AAPL, GOOG)Posted by Eric Monte at 10:24AM on June 30th
The markets have started Thursday higher once again, adding to Wednesday’s gains. In economic news, Initial claims fell slightly from 429,000 for the week ending June 18 to 428,000 for the week ending June 25. Analysts’ consensus expected the initial…  |
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