By Adam Sarhan, SarhanCapital Market Looks Toppy and A Closer Look At The Dow The market is getting weaker, not stronger. We are continuing to see more and more deterioration occurring as the major indices look toppy up here. The tape continues to break down. The bull market is over 6.5 years old and that…
By, Evelyn Cheng @chengevelyn U.S. stocks fell nearly 1 percent or more on Thursday as renewed declines in oil weighed on investor sentiment amid a slew of earnings releases and Friday’s key employment report. The major averages extended losses after the S&P 500 broke through a key level of 2,087 that many analysts were watching. Art…
Evelyn Cheng U.S. stocks closed lower on Tuesday as investors eyed further declines in Apple’s stock and slight recovery in oil prices, amid continued focus on the timing of a rate hike. “What we got today was reaffirmation that the Fed would like to raise rates this year, certainly not far from consensus,” said Art…
The Following Is An Excerpt from FindLeadingStocks.com’s Tuesday Intra-Week Update… Join Here Market Update: The major indices continue moving sideways as the tape remains very split. Earnings roulette (Thank you Gary Kaltbaum/GaryK.com) continues in spades as we continue to see a handful of stocks gap up and gap down after reporting earnings. Apple broke below…
Bulls Emerge Victorious in July July 2015 was a volatile month as investors had to navigate two potential external shocks (Greece and China) and digest the latest round of economic and earnings data. After all was said and done, stocks ended the week and month higher after successfully testing critical support (bottom of the year-long trading…
U.S. stocks closed narrowly mixed on Thursday as investors digested more earnings and second-quarter GDP, a day after the Federal Reserve left interest rates unchanged. “I think there’s a lot of confusion really. The focus was trying to understand what’s going on with economic growth and the Fed,” said David Kelly, chief global strategist at…
* Second-qtr GDP rises at 2.3 pct vs 2.6 pct est * Weekly jobless numbers rise * Facebook, P&G fall after results * Skechers jumps as results beat expectations * Indexes down: Dow 0.45 pct, S&P 0.48 pct, Nasdaq 0.47 pct (Updates to open) By Tanya Agrawal July 30 (Reuters) – U.S. stocks opened lower…
By, Adam Sarhan SarhanCapital.com The Airline Industry Has Evolved: The airline industry has consolidated significantly over the past decade. In addition to the massive and much needed consolidation, airlines have cut costs, become leaner, and created a new set of fees that generate billions of dollars per year in new revenue (bag fees, change ticket fees,…
By Jessica Menton @JessicaMenton on July 28 2015 3:55 PM EDT Earnings season continues in full force this week as nearly one-third of the Standard & Poor’s 500, or about 160 companies, are due to report results, including social media giants Facebook Inc., Twitter Inc. and LinkedIn Corp. Analysts now expect overall earnings from S&P 500 companies…