Posts tagged as:

IYZ

U.S. equities took a step back from the recent euphoric highs for a slow day on the market following less than amazing earnings reports and economic data. Friday’s weaker than expected jobs data took it’s toll on investor stamina and have lead to heightened hopes that the Federal Reserve may reconsider withdrawing stimulus this fall. With earnings season drawing to a close, the remaining companies left to report will have to pull in some earth shaking results to drag investors out of their current underwhelmed attitude  [see also The Complete Visual History Of SPY].

[click to continue…]

{ Comments on this entry are closed }

A slew of upbeat earnings reports and encouraging labor data helped boost U.S. equity markets, with the S&P 500 logging in its fifth advance in a row. According to the Labor Department, jobless benefits applications fell below expectations to 339,000 last week, marking the second lowest level since January of 2008. In earnings news, oil giant ExxonMobil (XOM) reported earnings and revenue that topped analysts’ expectations, United Parcel Service (UPS) and Dow Chemical (DOW) also beat analyst estimates, while 3M (MMM) declined after the conglomerate reported profit and revenue that missed the mark and slashed its 2013 earnings forecast [see What Can You Buy With Apple's Cash?].

[click to continue…]

{ Comments on this entry are closed }

It was yet another day of lackluster trading on Wall Street, with stocks posting declines once again. With the first week of 2013′s euphoria quickly wearing off, investors braced themselves for the start of the fourth quarter corporate earnings season. Though many are expecting earnings growth, investors believe it will be quite some time before […]

{ Comments on this entry are closed }

Wall Street was in for a wild ride today, as more fiscal cliff commentary sent U.S. equities into a whiplash trading session. In contrast to his rather optimistic statement yesterday, House of Representatives Speaker John Boehner stated today that “no substantive progress have been made in the talks between the White House and the House over […]

{ Comments on this entry are closed }

Yield, it seems, continues to be on the minds of investors everywhere. With interest rates continuing to hug record lows, finding meaningful current returns has become a continuous struggles for a wide range of investors. Many asset classes that traditionally supply meaningful yields have dried up, sending investors on a quest for alternatives that can […]

{ Comments on this entry are closed }

As has been the trend , markets once again took their cue from headlines concerning the Euro Zone bailout saga. According to a report released today, the European Commission and Spain are supposedly working towards implementing the long list of requirements for a bailout fund, ensuring that the nation is well prepared before it asks […]

{ Comments on this entry are closed }

The release of the Fed’s Beige Book today left investors even more leery ahead of Chairman Ben Bernanke’s speech on Friday. In the minutes from the last FOMC meeting, the Fed had given the markets yet another strong signal that it is preparing to take action to boost the nation’s lackluster recovery, but had emphasized that […]

{ Comments on this entry are closed }

After weeks of uncertainty, investors finally got the validation they apparently needed – Draghi, the European Central Bank’s President, expressed that the ECB will do whatever it takes to preserve the common-currency union. Although Draghi was not specific with the details of exactly how central bankers will do this, his sworn commitment was seemingly enough to sway […]

{ Comments on this entry are closed }

After a choppy week of trading, markets stumbled out of the gate yesterday, as more European fears and sour earnings led to a massive sell-off. After one of the strongest opening quarters in 14 years, investors are beginning to doubt the strength of stocks and many are pricing in a pullback similar to the ones […]

{ Comments on this entry are closed }

This week will watch earnings season continue in full stride as a number of bellwether firms are set to announce their most recent fiscal quarter’s statements. Last week saw some mixed results, with companies like Citigroup and Google missing, while others like Wells Fargo, IBM, and Intel were able to lift markets. In fact, the […]

{ Comments on this entry are closed }

Equity markets have taken a wild ride this past year as everything from an unimaginable earthquake in Japan to a looming debt crisis in Europe has taken its toll on investors’ confidence. As 2011 draws to a close, many are left scratching their heads in confusion and uncertainty, given the predominantly gloomy economic outlook that […]

{ Comments on this entry are closed }

Stocks drifted lower on Wednesday after euro zone debt-woes resurfaced and investors at home were disappointed with Apple’s rare earnings miss. Despite slightly worse-than-expected third quarter performance results, analysts at Deutsche Bank are maintaining their “Buy” rating on shares of Apple, with a price target of $530. Beige Book data was also released yesterday, showing […]

{ Comments on this entry are closed }