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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…  Europe Sends Shivers (LULU, KR, ULTA, TXN, CBPO, JKS)Posted by Geoff Seiler at 4:47PM on September 9th
The volatility in the market continued, with a big swing to the downside today. News out of Europe remains the biggest driver of equities, and the resignation of European Central Bank (ECB) official Jeurgen Stark, of Germany, sent shivers down… Is Market Volatility Here To Stay? (KR, FNSR, SFD, RBCN, HYGS, CNOA)Posted by Geoff Seiler at 5:09PM on June 16th
It was a rocky day on Wall Street that finally saw the major market averages close split, with stocks finishing both well off their highs and their lows. The economic data was also mixed, with weekly jobless claims and new… Stocks Rocket Out of the Gate and Never Look Back (HNZ, KR, FL, PSS, ZAGG, ACY)Posted by Geoff Seiler at 4:45PM on March 3rd
Stocks rocketed out of the gate and never looked back, buoyed by strong economic data and lower oil prices. We think the economic recovery is proceeding smoothly, and continue to like the market longer term. However, despite today’s strong market… Grocer A&P Declares Bankruptcy, Pro Picks in Space Sluggish (GAP, JPM, KR, SVU, SWY, TFM, SUSS, WFMI, CASY, IMKTA)Posted by Ryan Patel at 8:20AM on December 13th
Grocery store operator US Great Atlantic & Pacific Tea (GAP) announced yesterday that it has filed for bankruptcy after the firm was unable to turn around its business amid increased competition from other food retailers. In a statement the company, which… Stocks Look Strong Despite Potential Speedbumps (ARO, PSS, KR, PEP, WBD, FNSR)Posted by Geoff Seiler at 5:01PM on December 2nd
Stocks followed through on yesterday’s rally with another strong day, despite generally mixed economic data. Besides an improving economic outlook and solid retail data, another reason we expected a Santa Claus Rally was that with a wide swath of fund… Whole Foods Earnings Power Grocery Store Stocks (WFMI, VLGEA, GAP, SUSS, IMKTA, CASY, KR, SWY)Posted by Jason Smith at 3:05PM on November 4th
Whole Foods Market (WFMI) soared by 16% on Thursday after reporting its fiscal fourth-quarter earnings, and its peers in the grocery store segment rallied on the news. The company’s net income for the three months ended September 26 totaled $57.5 million,… Stocks Could Rally Into 2011 Pending Data (BBY, KR, CBRL, GMCR, PAL)Posted by Geoff Seiler at 4:43PM on September 14th
The market ended mixed, despite better-than-expected monthly retail sales number and a strong earnings report from electronics retailer Best Buy (BBY). As we’ve been saying, while the economy is not brisk, the anecdotal evidence we’ve witnessed says consumers are out spending,… Stocks Shrug Off Bad News Again (KR, SJM, SFD, AOL, CIGX)Posted by Jim Ambrosio at 4:41PM on June 17th
It was a discouraging day on the economic front, as both jobless claims and the Philly Fed index disappointed. The data shows that the economic recovery is likely to be a bit choppy, which is pretty consistent with what many… Bulls Resilient On Market Bottom AnniversaryPosted by Geoff Seiler at 4:51PM on March 9th
Today marked the one-year anniversary of the market hitting bottom in 2009. Stocks advanced modestly for much of the day before losing steam in the last hour, with the major indexes trading briefly in the red before managing to post…  |
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