Benchmarks ended in the green yesterday following hopes that tensions between Russia and Ukraine would recede. Encouraging corporate news, ceasefire agreement in Gaza and subdued Chinese inflation data also boosted the markets.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street articleThe Dow Jones Industrial Average (DJI) rose 0.1%, to close […]
Markets ended in the green on Friday as news of Russia terminating its military exercise near its border with Ukraine offset concerns about U.S airstrikes over Iraq. The Dow registered its largest gain in last 4 months on Friday. Friday’s gains helped erode all of the week’s losses as geopolitical tensions and rate hike fears offset upbeat economic and earnings […]
Benchmarks ended in the green on Monday buoyed by upbeat earnings results and announcement of a rescue plan by Portugal’s central bank. The S&P 500 rebounded from its biggest weekly decline in two years and the Dow halted its four-day losing streak. However, weakness in the utilities sector offset some of the gains.For a look at the issues currently facing […]
However, shares of General Motors Company (GM – Analyst Report) dropped 4.5% after the company reported second quarter 2014 adjusted earnings of 58 cents per share, missing the Zacks Consensus Estimate of 78 cents per share. The auto manufacturer reported disappointing second-quarter results largely due to recall costs that chopped $1.5 billion from the company’s bottom line. Further, the company […]
Benchmarks settled in the red on Monday as investors remained cautious about Israel’s ground invasion in Gaza and possible tougher sanctions against Russia. The day was devoid of any major economic data and corporate earnings results that could have impacted the markets.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street […]
Apple’s seven-for-one stock split may spark a short-term selloff, Greywolf Execution Partners Chief Technical Analyst Mark Newton said Friday. “The stock has gotten to nosebleed levels,” he said. “I don’t think the stock can make much progress before it pulls back.” On CNBC’s “Fast Money,” Newton said that the stock, which had been up more than […]
European Stock Markets Cliff Ahead?Stock-Markets / European Stock MarketsApr 30, 2014 – 09:15 PM GMTBy: John_Mauldin
By Dirk Steinhoff(This article originally appeared in World Money Analyst)When Kevin Brekke, managing editor [of World Money Analyst], contacted me last week, I knew it was time again to survey the investment landscape. This month, I will focus on Europe […]
The recent correction in U.S. software stocks has created an opportunity, says Richard Davis at Canaccord Genuity, who is telling clients to inch their way back into the sector.The analyst believes it is very unlikely that the “March Meltdown” signals a repeat of 1973, 2001 or 2008, since those episodes were accompanied by meaningful economic weakness.“Investors are letting stock prices […]
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I hear it all the time. I see the goofy looks. I feel the awkward stares. Being a technical analysis guy at Zacks is like wearing a Cardinals […]
Pitney Bowes Enhances Big Data Platform
by Zacks Equity Research
Published on March 13, 2014 |
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