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ArchiveStocks Shrug Off Bad News (LOW, TSN, DMND, CSCO, BTX, VISN)Posted by Geoff Seiler at 4:33PM on November 19th
With Congress not in session and the president out of the country, stocks staged a big rally. The fiscal cliff is still the market’s biggest focus, and the hope is that a deal gets done relatively soon. Ironically, the spike…  Monday Losing Streak Broken! (TSN, RAIL, KCG, BBY, JKS, MGAM)Posted by Geoff Seiler at 4:36PM on August 6th
After seeing every Monday in June and July finish in the red, the Dow finally broke its losing streak of starting the week lower. The strength was broad based, led by material and tech names. The gains helped extend yesterday’s… Buffett Was a Buyer on Friday (TSN, PETS, BSFT, VRTX)Posted by Geoff Seiler at 4:51PM on May 7th
Stocks ended the day mixed following Friday’s big sell-off. The market looked poised to continue the downward trend following the results of the French election, but stocks quickly regained their composure to trade pretty much unchanged. While Warren Buffett was… Supercommittee Failure Isn’t a Total Loss (TSN, TECD, TRH, Y, VRUS, GILD, IOC, FMCN)Posted by Geoff Seiler at 4:48PM on November 21st
Stocks took it on the chin to open the shortened trading week. Worries over Europe remain, but the failure of a special bipartisan U.S. congressional supercommittee to come up with an agreement to reduce the deficit also played a role.… Weak Dollar Offering a Tailwind to All… For Now (SYY, TSN, SLW, ELN, ALKS, DTG, BTX)Posted by Geoff Seiler at 5:09PM on May 9th
Stocks had a solid day as many commodities rebounded, including oil and silver, which had been leading the way lower. Energy and material stocks, not surprisingly, were the market’s top-performing sectors. Financials, meanwhile, continued to languish. We continue to view… Stocks Finish Mixed Amid European Worries, Hedge Fund Raids (TSN, VAL, NOVL, MSFT, GMCR)Posted by Geoff Seiler at 4:55PM on November 22nd
Stocks rebounded from their intraday lows to finish mixed. The big news impacting the trading day was Ireland finally admitting that it was indeed in debt trouble and needed help. The fear continues to be that Portugal and Spain could… Bulls Back In The Driver’s Seat (DISH, TSN, KG, HPQ, BTN)Posted by Geoff Seiler at 4:39PM on August 9th
Despite Hewlett-Packard (HPQ) exerting some negative pressure on the markets after its CEO’s surprise resignation, stocks overall had a solid day. For now, the bulls have regained control of this market, as evidenced by Friday’s intraday rally following the weak jobs… BP Boosts Biofuel Segment (VRNM, BP, BIOF, PEIX, XOM, VLO, SYNM, TSN)Posted by Owen Vater at 12:24PM on July 15th
Select biofuel stocks are soaring after Verenium (VRNM) announced that beleaguered oil giant BP (BP) will buy its cellulosic biofuels business for $98.3 million. BP Biofuels CEO Philip New said, “This acquisition demonstrates BP’s intent to be a leader in the cellulosic… Now That’s A Rebound (DISH, TSN, GEOY, PSYS, WATG)Posted by Geoff Seiler at 4:53PM on May 10th
Stocks posted big gains after the European Union and International Monetary Fund agreed over the weekend to create a $1 trillion fund to support debt-laden EU nations and the euro currency. Whether this will be the balm for Europe’s woes… |
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