S&P Chart Breaking Support
Stocks are selling off on the twenty-fifth anniversary of the stock market crash of 1987. There is little to focus on from government economic data, but stocks are selling off ahead of the weekend…
All Work
Jon C. Ogg
Top Analyst Upgrades and Downgrades (ABT, AMD, BCS, GE, GOOG, HOG, ISRG, KEY, MRVL, MSFT, NOK, NVDA, PM, SNDK, SON, TXT, VZ)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Friday. Abbott Laboratories (NYSE: ABT) raised to Outperform at Wells Fargo. Advanced Micro…
Eight Stocks Being Accumulated by Large Holders (CYTR, DVA, HNSN, JNS, ODP, SONS, THC, VSAT)
There are a number of reasons that insiders and large holders sell shares of public companies. There is really only one reason that insiders and large holders buy shares, and that is because they…
GE Delivers on Earnings, Still Leaves Argument for Bulls and Bears Alike
General Electric Co. (NYSE: GE) has delivered its third-quarter earnings. And it seems like the company has delivered news that will appease some concerns of the bulls but will still give the bears ample…
Google Slips Earnings Out Early, Metrics Sink the Ship
Google Inc. (NASDAQ: GOOG) must have found out that someone knew its earnings report ahead of time because the internet search giant and Android O/S leader released its SEC Filing early. The comparable non-GAAP…
Reality Sets in at Nokia (NOK, AAPL, GOOG)
Nokia Corporation (NYSE: NOK) was originally trading higher on earnings but shareholders have grown very used to disappointment by this fallen leader. The troubled cellphone maker managed to show third quarter revenue and earnings…
S&P Chart Fighting News Tape
Stocks are trying to fight into positive territory after the Philly Fed and after Leading Indicators, but investors have to consider two issues today. Some profit taking may be in the cards and options…
What a Combined EMC and Juniper Networks Would Look Like
You have seen massive broadening out by the large technology and communications equipment makers. It has been happening over and over, and we wanted to address the rumors that Juniper Networks Inc. (NYSE: JNPR)…
Philly Fed and Leading Indicators Offer Upside
We have two separate reports showing mixed signals on the economic growth front. The Federal Reserve Bank of Philadelphia released its October Business Outlook Survey. This is the “Philly Fed,” according to Wall St.…
Morgan Stanley Sails Past Estimates, Massive Discount to Book Value
Morgan Stanley (NYSE: MS) is hardly moving after its third-quarter earnings report, but that may be because traders and investors have seen earnings from so many of its peers and rivals now. Net revenues…
Weekly Jobless Claims Post Huge Gain, Back to Normalized Reporting
The Labor Department has released its weekly jobless claims and this week is a normalized number compared to last week’s huge artificial drop due to one large state not having their numbers recorded to…
Top Analyst Upgrades and Downgrades (ALKS, NLY, AAPL, APOL, CMA, COP, DB, DUK, HOG, INTC, LINE, POT, SDRL, STJ, VVUS, Z)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Thursday. Alkermes PLC (NASDAQ: ALKS) raised to Outperform with $24 target and named…
A Maturing eBay Earnings Story, at 20-Times Earnings
eBay Inc. (NASDAQ: EBAY) investors have a lot to digest today after the online auction and marketplaces giant reported earnings. eBay’s earnings in the third quarter came to $718 million, or $0.55 per share…
AmEx Shows Higher Cardmember Spending, Larger Loss Provisions
American Express Company (NYSE: AXP) rose just over 1% ahead of earnings and now it is giving some of the small gain back. The credit card provider reported earnings rose 1% to $1.3 billion,…
Reality Check: The iPad Mini Already Exists, Cannibalization Awaits
Most consumers still love Apple Inc. (NASDAQ: AAPL) and its growing list of products. The iPad seems to have created a new computing market that was technically not even a market before. Now we…
Ahead of SanDisk Earnings: Flash Contracting in 2012 but Growing 2013-2016
A report today brings what may be some caution and some optimism for the likes of SanDisk Corporation (NASDAQ: SNDK) and other key flash memory makers. IHS’s iSuppli has a report saying that the…
SEC Charges Former $1 Billion Hedge Fund Advisory Firm
This is no case of Bernie Madoff, but the Securities and Exchange Commission has charged a former $1 billion hedge fund advisory firm and two executives with “scheming to overvalue assets under management and…
Brand Death of Lance Armstrong, Literally Billions of Dollars At Stake
If the brand of Lance Armstrong was a stock, let’s just be nice say that the value would have tanked. The reality is that the exchange would have probably halted trading if it was…
CME and Kansas City Board of Trade: More Consolidation in Exchanges
CME Group Inc. (NASDAQ: CME) is leading yet another consolidation of the global stock and commodity exchanges. Today came word that it was acquiring the 156-year old Kansas City Board of Trade. The exchange…
Angola Launches $5 Billion Sovereign Wealth Fund
Angola is an African nation that is trying to get it right. While many nations in sub-Saharan Africa are in turmoil, Angola has been steering in the right direction for years now. This is…