ArchiveLook for Clear Direction Come September (HNZ, BF.B, JOSB, DY, TSEM, JKS)Posted by Geoff Seiler at 4:50PM on August 29th
Stocks managed to eek out small gains today in another day of light trading that is typical for the week before Labor Day. The economic reports today were stronger than expected, with home sales data providing another indicator that housing… Same Song, Slightly Different Lyrics (DRYS, PWRD, JOSB, FINL, HOKU, BTE)Posted by Geoff Seiler at 4:25PM on May 30th
The summer of 2012 is starting to feel eerily like a replay of 2011, with the U.S. market reacting daily to the headlines from Europe. Now the worries have turned to Spain over Greece, but it is basically the same… April Strong for Stocks (FDO, PVH, JOSB, ZZ, TOF, BLDP)Posted by Geoff Seiler at 4:37PM on March 28th
Stocks retreated on the day, as a weaker-than-expected durable goods order sent stocks lower on the fears that Q1 might not have been as strong as suspected. More economically sensitive names were the hardest hit. Financials, though, continue to show… No Magic Elixir, But It Buys Time (AEO, OVTI, JOSB, UNFI, HSOL, HZNP)Posted by Geoff Seiler at 4:39PM on November 30th
Stocks surged on the day, as central banks around the world — including those from Canada, Great Britain, Japan, Switzerland, as well as the Fed, and ECB – took measures to prevent a European credit crunch, including temporarily lowering the… 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.… Solid December Start Could Signal Rally to Close Out 2010 (OVTI, APWR, JOSB, CPRT, HSFT)Posted by Geoff Seiler at 4:49PM on December 1st
Stocks had a strong day after European Central Bank (ECB) president Jean-Claude Trichet indicated the ECB may significantly expand its government bond purchase program. Somewhat ironically, many European leaders were up in arms over the Fed’s quantitative easing program, and… Retailers Outperform on Down Day for the Markets (BJ, FDO, DG, DLTR, CBK, ARO, PSS, JOSB, KSS, TJX)Posted by Max Magee at 1:51PM on July 1st
As the broader market drifted lower, select retail sectors rallied on earnings news and other events on Thursday. Most of the action was in the Discount Retailer Stocks Index, which was surging higher by 1.7% at mid-day, led by BJ’s Wholesale Club (BJ),… Bulls Take Charge In An Oversold Market (PSS, JOSB, SNIC, DIVX, AMGN, USU)Posted by Geoff Seiler at 4:44PM on June 2nd
Stocks had a strong day, bouncing back from yesterday’s late-day tumble. While the pending home sales data was good, it looks like the rally was largely the result of an oversold market. We would expect the recent market volatility to… Deflated Retailers Showing Signs of LifePosted by Max Magee at 5:16PM on April 8th
Some retailers have managed to beat expectations recently, encouraging investors that a turnaround may be in sight. The retail industry suffered throughout the economic downturn as consumers reduced spending. The outlook is still somewhat gloomy, but recent earnings news has been… |
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