By Jessica Menton on October 28 2014 7:43 PM The Madison Square Garden Company announced on Tuesday it is exploring splitting its business into two separate companies, which would spin off the New York Knicks and Rangers from MSG’s entertainment unit. The reasoning for the split could be largely driven by investors who want to…
Mon Oct 27, 2014 4:38pm EDT * Dow up 0.1 pct, S&P down 0.2 pct, Nasdaq up 0.1 pct (Updates to close) By Caroline Valetkevitch Oct 27 (Reuters) – U.S. stocks ended near flat on Monday, pausing after the S&P 500’s biggest weekly gain since January 2013, while energy shares fell with another decline in…
Published: Oct 24, 2014 3:25 p.m. ET Fears that the peak travel and shopping season will be affected by Ebola are contained, for now Wall Street doesn’t seem to be taking the potential collateral damage from the Ebola outbreak very seriously, even though it has hit very close to home. Maybe after a weekend of…
Strongest Weekly Gain Of 2014! The major averages soared last week helping the benchmark S&P 500 index soar a whopping +8% in only 8 trading sessions! That is a huge move and speaks volumes to how strong the bulls are right now. Remember, in a non-QE world, a 10% annual rally was considered decent. So 8%…
The following is an excerpt from a FindLeadingStocks.com Intra-Week Update: FLS Update: 10.21.14 The Bounce Continues Russell Soars 7% In 5 Days! The Title of Last Thursday’s FLS intra-week update was “Time For A Bounce.” We made the case that the market was ripe for a bounce and that is exactly what has happened over…
Oversold Bounce Finally Arrives The major averages opened the week lower but closed the week near their highs which signals a near-term low may be in place. The small-cap Russell 2000 continues to lead the other popular indexes, both up and down. The RUT actually closed higher for the week and is back above 1082 which…
There are only three ways a market can move: up, down, or sideways. Trending Markets: Up & Down Uptrends are known as bull markets. In the simplest sense uptrends occur when markets are moving up. The definition, of an uptrend varies depending on your time frame. A day trader tends to look at short intra-day…
Stocks Smacked In Heavy Volume The major averages fell hard last week as the sellers remain in control of this market. Stocks fell in September and are down hard again in October. Volatility is spiking which is another bearish sign. The action is outright bearish and we would not be surprised to see the market crash…
By Jessica Menton October 08 2014 4:09 PM First eBay Inc. unveiled a PayPal spinoff, then Hewlett-Packard Company followed with a breakup announcement. Now Symantec Corporation is expected to jump on the bandwagon. What is driving the breakup wave among iconic tech industry stalwarts? It’s a confluence of factors including pressures on managment to goose the stock…
By Jessica Menton on October 08 2014 8:52 AM Symantec Corporation could be the latest major tech firm to break itself apart, following in the steps of both eBay Inc. and Hewlett-Packard Co., with an announcement just a few weeks away, Bloomberg reported Wednesday. Symantec declined to comment on the report. “Symantec does not comment on rumors…