NEW YORK (CBS/AP) — Twitter’s (TWTR) stock is falling sharply after the company’s earnings — due to be released after the stock market closes — came out ahead of time.Trading in its stock was halted Tuesday afternoon after word spread of the premature earnings release. When trading resumed, the stock fell more than 25 percent.Some reports say the earnings leaked out. Bloomberg […]
The mixed close Tuesday further clouds the short-term market outlook as it suggests the correction from last week’s highs may not yet be over. A drop in the market tracking ETFs below last Friday’s lows will indicate a decline to more important support. The S&P futures are down in early trading and the heavy selling last week identifies that key […]
Three of nine sectors moved higher on Tuesday…XLV, XLP and XLY were the strongest sectors and XLE was the weakest.Breadth weakenedas advancers led decliners 1.001 to 1 on the NYSE and decliners led advancers 1.02 to 1 on the NASDAQ.Tuesday – weakened, mixedMonday – strengthened, advancers ledFriday – weakened, decliners ledThursday – weakened, decliners ledWednesday – strengthened, advancers ledSPY down […]
Traders work on the floor of the New York Stock Exchange April 20, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks were mixed on Tuesday, with the Dow industrials pulled down by a handful of uninspiring earnings reports, while the Nasdaq was pushed higher by a proposed biotech merger.Travelers, DuPont and IBM shares weighed on the Dow. DuPont reported lower sales in […]
Traders work on the floor of the New York Stock Exchange April 20, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks were mixed on Tuesday, with the Dow industrials pulled down by a handful of uninspiring earnings reports, while the Nasdaq was pushed higher by a proposed biotech merger.Travelers, DuPont and IBM shares weighed on the Dow. DuPont reported lower sales in […]
US Stock Market Will Likely Drop 5% by Next Week!By: Brad Gudgeon | Wed, Apr 15, 2015SharePrintEmailLast weekend, I expected the US stock market to drop suddenly from Monday into Tuesday. While I expected about close to a 2% drop, we got closer to a 1% drop instead (I give myself a C grade there). Out of this cycle low […]
By Jeff Cooper at Minyanville.comMany leading glamours and generals took gas yesterday as the SPX erased the lion’s share of Monday’s big spike. It’s been a bear market in follow through, nothing new about that.But Tuesday’s selloff had the whiff of liquidation. The selling in biotech generals like Celgene (CELG) and Amgen (AMGN), which had recently set new highs, leaves […]
Weakness in healthcare, industrial and energy shares dragged benchmarks significantly lower on Tuesday. The energy sector took a beating after oil prices dropped. Yesterday’s decline pulled the Dow into the red for the quarter, while S&P 500 managed meager gains.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street articleThe Dow […]
Wikimedia CommonsIf you were only looking at the stock market, which remains near record-high levels, then you’d have no idea that many companies are warning up front that the first three months of the year were worse than expected.”For Q1 2015, 85 companies in the S&P 500 have issued negative EPS guidance and 16 companies have issued positive EPS guidance,” […]
Stocks came in again on Tuesday, after a morning bounce, still consolidating after last weeks gains. Trading volume was again light. Leading stocks continue to hold their own and now include biotechs, midcaps and small caps. I had buy signals on speculative stocks ABMD, OVAS, and DPLO – none of which I bought. Both ABMD and DPLO gave no safe […]
