Benchmarks ended mostly in the red after gaining for four consecutive days as materials stocks finished in the negative territory. Moreover, dismal outlook from United Parcel Service had a negative impact on benchmarks. However, benchmarks ended in the green over the week for the first time in four weeks mainly due to the European Central Bank’s announcement of monetary stimulus […]
Industrials
Why United Parcel Service (UPS) Stock Is Trading Down By 10%
UPS stock is trading down by around 10% on Friday, following the release of expectations of disappointing fourth-quarter financial results
UPS
FDX
By: Martin BlancPublished: Jan 23, 2015 at 10:57 am EST
United Parcel Service, Inc. (NYSE:UPS) released its preliminary fourth-quarter financial results before the market opened on Friday. The company warned investors of […]
Originally published January 23, 2015 at 5:55 AM | Page modified January 24, 2015 at 2:28 AMNEW YORK —
A batch of mixed earnings reports Friday helped push the stock market to its first day of losses this week.Shares of tissue and diaper maker Kimberly-Clark dropped after the company’s earnings fell short of expectations and it gave a disappointing outlook. Package-delivery […]
NEW YORK (AP) — A surge in oil and gas companies pulled the stock market out of a five-day slump on Friday, as the price of crude swung higher.Oil prices jumped after the International Energy Agency predicted drillers would cut production this year. Exxon Mobil, Chevron and other energy companies led all 10 sectors of the Standard & Poor’s 500 […]
BLAIN UPDATE – Interview with Ross Cameron of DayTradeWarrior now available for viewing!Watch tonight’s video market recap on my Ticker.tv channel, Mark333.Indexes continue to be troubled with the drop in oil as the S&P 500 fell 0.81% and the NASDAQ 0.84%. As we said Friday, in good markets you don’t sell good news and that is what happened on the […]
View gallery.Rumor has it that if the S&P 500 finishes its first five trading days of the year with a gain, then the year in question will — 80 percent of the time — end with a gain as well.Last Thursday’s rally gave the S&P that five-day gain. However, since that day, the market has seen a decent amount of […]
After five days of selling, markets managed to bounce a bit today. Yesterday, stocks plunged mid-morning, sending SPX down to test 2000. Soon after, buyers started to trickle in.Taking a look at the indices and the sector ETFs, we see that financials and biotechs led the market bounce:XLF (financial) was up +1.05%, while BTK (biotech) was up +3.01%. PBJ (food […]
First off, I am sure some of you have been wondering where I have been. I did not post a watchlist on Friday, and have been off chat/Twitter/StockTwits for the past few days as well. For those of you who do not know, I do not do this full time – I am currently in the Army and have been […]
Global benchmark Brent crude oil closed down nearly a dollar a barrel Friday after a day of choppy trading despite expectations of new investments in the new year, as strong mid-day rallies in crude fizzled.Brent crude was down 91 cents at $56.42 a barrel. Earlier, it touched a post-2009 low of $55.48, having averaged around $110 a barrel between 2011 […]
Benchmarks hit another record high on Friday as investors continued to cheer encouraging economic scenario on the domestic front. However, the trading volume remained low as most of investors were enjoying extended Christmas holiday. The Dow registered 38th record high and the S&P 500 posted 52nd record close on Friday, while the Nasdaq finished at the highest since Mar 2000. […]
