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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…  Yellow Flags Could Signal Trend Lower (PCLN, MNST, KSS, SGI, CSCO, ADY, BTE)Posted by Geoff Seiler at 4:52PM on May 10th
Stocks finished the day mixed, overcoming very cautious commentary from networking giant Cisco (CSCO). On the positive front, European stocks rallied — which helped the U.S. market — buoyed by Spain saying it would take over the country’s troubled fourth-largest bank.… Concern Brews That Higher Gas Prices Could Crimp Recovery (HPQ, SHLD, KSS, VVUS, DSCO, TSL)Posted by Geoff Seiler at 4:41PM on February 23rd
Stocks rose on the day, but the Dow closed just short of 13,000. Earnings today were largely mixed, while the news on the jobs front remains positive. Oil prices, meanwhile, continue to climb. The worry is that higher prices at… 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… Better Day, But Europe’s Problems Still Here (KSS, AAP, GMCR, PEGA, CSCO, ELOS)Posted by Geoff Seiler at 8:01PM on November 10th
Talk that economist Mario Monti is likely to succeed Italian Premier Silvio Berlusconi, combined with a former VP of the European Central Bank being named prime minister in Greece, a drop in weekly jobless claims, and a strong earnings report… Investors Can Take Advantage of Wild Swings (KSS, SODA, SLE, EAT, FNSR)Posted by Geoff Seiler at 5:12PM on August 11th
Stocks surged on the day, as a better-than-expected weekly jobless benefits report helped (at least temporarily) alleviate investor fears that the economy is headed for a cliff. We’ve been saying that for a while now, and corporate insiders have been… Solid Earnings Could Yield More Gains (ISCA, KSS, JCP, BEBE, DDS, LL)Posted by Geoff Seiler at 5:11PM on July 7th
Today was all about strong retail sales numbers and better-than-expected news on the jobs front. Outside of a few exceptions, June was a strong month for retailers, with upscale department stores, bigbox retailers, and even teen apparel chains posting solid… Morning Spy: Retail Explodes, Another Dot-Com IPO Is Coming (KSS, BEBE, HITK, LYV, SWKS, JPM, HPQ, RIMM, AAPL)Posted by Eric Monte at 10:22AM on July 7th
The markets are trading higher on Thursday after initial jobless claims fell for the first time in three weeks, falling from 432,000 for the week ending June 25 to 418,000 for the week ending July 2. Analysts’ estimates were for… China Stocks the Weakest Links (DDS, JWN, KSS, RENN, SINA, GA, SNDA, HYC, PAY, YOKU)Posted by Eric Monte at 10:52AM on May 13th
Markets are trading flat on Friday after the Consumer Sentiment Index rose for the second straight month. May’s release showed a reading of 72.8, up from April’s reading of 69.8. Although this number is strong, it is still well short… High-End Retail Showing Strength (KSS, TK, NUAN, SORL, HYC, SYMC)Posted by Geoff Seiler at 4:56PM on May 12th
Stocks reversed course around mid-day to finish nicely higher, as energy and food commodities also rallied. The economic news was pretty much in line today, with jobless claims a bit lower, core wholesale inflation a bit higher, and retail sales…  |
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