ThinkstockThe stock market hit a new high on Friday morning, just in time for two days of serious stock selling. It turns out that the high-beta momentum stocks that led the bull…
ThinkstockJabil Circuit Inc. (NYSE: JBL) is in the unloved field of contract manufacturing, also known as electronic manufacturing services. This sector is not exactly exciting to investors, or at least that was…
Jon C. Ogg courtesy of AppleApple Inc. (NASDAQ: AAPL) is about to be pilloried again for “ethical and legal” labor violations at the Chinese factory of one of its parts suppliers. A watchdog group called…
ThinkstockThe information technology (IT) analysts at Oppenheimer continue to view the sector very favorably and believe that recent relative outperformance can continue in the months ahead. What keeps them so constructive on…
U.S. equity markets opened lower this morning adding to yesterday’s carnage following the FOMC announcement yesterday. The widespread belief that sometime this year the Fed will start reducing its $85 billion in…
U.S. equity markets opened moderately lower this morning as investors waited for the afternoon announcement from the FOMC. Mortgage purchase applications were down in the U.S. as interest rates rose again. In…
U.S. equity markets opened lower this morning, kicking off a gradual decline that lasted all day. Profit-taking and a lower-than-expected reading on consumer sentiment in the U.S. get the blame. In Europe,…
At the beginning of this year, we gave our readers an overview of the top stock picks for the year from various firms around Wall Street. After a tremendous run in the…
Jon OggFrom active traders to passive investors, it seems that everyone is interested in new ideas on how to make a profit. 24/7 Wall St. looks over research calls from all over…
U.S. equity markets opened lower this morning and trailed slowly downward all day. The situation in Cyprus was unchanged this morning (more coverage here). In Europe, both manufacturing and non-manufacturing PMI fell…
U.S. equity markets opened higher this morning and maintained the upside, anticipating that today’s FOMC statement would not provoke any surprises. And the markets were not surprised (more coverage here). In Europe,…
courtesy of Apple Inc.By now you know the news that is driving Apple Inc. (NASDAQ: AAPL) lower and lower, but the earnings report and lower margins have an interesting side-effect here even if…
U.S. equity markets opened flat to higher again this morning following the third revision to U.S. GDP growth in the third quarter and the report on new claims for unemployment benefits (more…
U.S. equity markets opened flat to higher this morning but the good vibe didn’t last long. In Europe, the Bank of England made no changes either to interest rates or its bond…
The three major U.S. stock indexes opened mixed this morning as yields on Spain’s 10-year bonds took a run at 6% again and the Catalan regional government announced a “snap” election to…
