It is amazing what a move Apple Inc. (NASDAQ: AAPL) has made over the last decade. Now it carries a new title…. MOST VALUABLE COMPANY, or at least it is fighting for it. Exxon…
Cisco Systems, Inc. (NASDAQ: CSCO) is due with earnings on Wednesday. The stock has been punished severely with the broader market sell-off, but today the stock is not even participating in the rally. In…
Yesterday’s crashing market sent crude oil to its lowest close in eight months. WTI crude fell even further this morning, to below $76/barrel before turning around to rise above $82/barrel at mid-morning. Did yesterday’s…
Most investors love when the market bounces big after a huge sell-off. The 600+ point drop in the Dow Jones Industrial Average on Monday actually came to almost 2,000 lost DJIA points just since…
Although stock buybacks have never been among our most preferred methods of returning capital to investors, stock repurchase plans can indicate to investors that a company’s management believes the ship is not taking on…
Dick Bove of Rochdale Securities spoke out this morning on CNBC saying that the “AAA” rating should not even apply to the U.S. when you include the $14.4 trillion that will grow to about…
The market has brutalized many great companies and we are seeing the mayhem reach a cycle-peak in the VIX if the history of the market holds up after hitting 48.0 yesterday during the 600+…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. AECOM Technology Corp. (NYSE: ACM) Reiterated Buy with $33 target at Argus. American…
Stocks are trying to find signs of life. Frankly, a gap-up like we are seeing in futures is not offering comfort due to our persistent fear of the “gap and crap” trade pattern which…
Standard & Poor’s may have done the inevitable move of a U.S. credit ratings downgrade and it may have followed with the downgrade of the insurance companies and with many government agencies and dependent…
Usually you would think that a 400 point drop or a 500 point drop in the DJIA (NYSE: DIA) implies that capitulation is upon us. Right now, the word “hopefully” comes to mind as…
As the markets swoon today from Friday night’s downgrade of US debt, Standard & Poor’s is making other changes to its debt ratings. One sector that is unchanged is oil and gas, about which…
One sector that is not falling in response to the downgrade of US debt is the solar PV industry. It is tanking on its own. Bellwether stock First Solar Inc. (NASDAQ: FSLR) has fallen…
When you have a credit rating downgrade of the U.S. followed by a 300+ point drop in the DJIA and another near-100 point drop in the NASDAQ, it is no shock at all that…
McDonald’s Corp. (NYSE: MCD) announced this morning that US same-store sales in July increased by 4.4%. In the announcement, the company noted especially its McCafe drinks and its “market-leading breakfast.” World-wide, same-store sales grew…
Bank of America Corporation (NYSE: BAC) has rapidly turned into a runaway train. The latest suit from American International Group, Inc. (NYSE: AIG) for $10 billion for its massive mortgage fraud is just the…
When your business hasn’t shown much sign of growth for several years running, maybe it’s time to change strategy. Wal-Mart Stores Inc. (NYSE: WMT) has been trying to grow its business organically for about…
Jon OggYou already know about the S&P U.S. credit rating downgrade, but these are some of the top equity analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Berkshire…
The S&P downgrade of the United States may have the investment community in a fuss, but many investors saw this coming long before. To say that investors will not see a knee-jerk reaction in…
Jon OggEach morning we cover numerous analyst upgrades, downgrades, and initiations from Wall Street research firms which we think will have an impact on stocks and sectors. After each week we review those research…