International Business Machines Corporation (NYSE: IBM) has now reported its third quarter earnings report at $3.28 EPS and $26.2 billion in sales. Thomson Reuters was looking for $3.22 EPS and $26.25 billion…
It has become the newest game on Wall Street in the last month to lower global growth targets for 2011 and 2012 over the last six weeks. What is amazing is that…
The CBOE Volatility Index, or ‘The Fear Index,’ is reaching levels not seen since the height of the August selling panic. That peaked around 47 in August and we just briefly went back…
The DJIA (NYSE: DIA) was trading down 500 points today before a late-day rally. More European concerns and serious slowing in China’s manufacturing data only brought on more selling. The week before…
Jon OggEach morning we review our top upgrades, downgrades, and initiations from Wall Street research notes. We then look back over these at the end of the week to more closely review…
Credit Suisse is downgrading the benchmark targets for the stock market and for economic growth. Before you panic too much, the Global Equity Strategy group is still maintaining an Overweight rating for…
Jon C. Ogg Federal officials may consider cuts in food stamp programs that serve 46 million people. (Reuters) Housing prices probably continued to fall in July. (Reuters) Toyota (NYSE: TM) and Ford (NYSE: F) to…
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…
Updated for the 4PM closing bell…. Do you call it a crash or do you call it a bear market? Technically this is correction territory now that the 10% pullback has been…
We have seen a steady climb up again this week in stocks. The market may have not been in a straight line but it did trend higher. What we wanted to look at…
Jon OggInvestors are still trying to key off of which banks can and cannot hike their dividends under Federal Reserve approval. In short, it is the healthy versus the unhealthy. We have…
It was just two years ago today that the U.S. markets reached an absolute bottom. Investors were reeling and the public was literally getting ready for a breakdown of the system. After…
It is almost hard to say it, but the world of exchange-traded products (ETFs, ETNs, etc) hit an almost unbelievable milestone. The exchange-traded market is now over $1 trillion in assets. ONE-TRILLION….…
Apple Inc. (NASDAQ: AAPL) and gold have both been major gainers this year. That makes it hard to ignore the notion that the gold trade may have become almost the same as…
QE2, manufactured inflation, pumping more air into the economy… you get it. While stocks are higher this morning, the Dow Jones Industrial Average is hitting a 2010 high. The high back in…
