-
Options Traders View Things Differently
Wednesday, May 26, 2010 - 9:18am | 1943While stock traders basically can only take a long or a short view on an underlying stock or ETF, options traders are given much more flexibility in the way they invest and assume risk. Headlines can be motivators for many investors to buy, sell, or hold, and they can also create, change, and/or...
-
Bill Smead Likes Merck And Disney (MRK, DIS)
Wednesday, May 26, 2010 - 8:11am | 156Stocks had a rollercoaster ride this week. Bill Smead, chief executive and chief investment officer of Smead Capital Management, told CNBC, “While everyone’s worried about what’s going on in Greece and Spain, things are improving significantly for U.S. consumers.” He said that he has bullish bias...
-
Go Where the Market Takes You!
Tuesday, May 25, 2010 - 7:04pm | 541This morning was a tough read. Myself coming into today had a short bias thinking that we were going to test the lows of last Friday and possible break lower. We opened around 250 points below yesterdays close in the SPY near the lows of Friday, which gave me a bit more conviction to go short if...
-
Consumer Confidence Up For The Third Month In A Row
Tuesday, May 25, 2010 - 2:36pm | 365A private sector report released today revealed that the US consumer confidence in the month of May has touched the highest mark in more than two years as worries over the labor market are abating continuously. It has risen for the third consecutive month now. An industry group named the Conference...
-
Another Way to Trade Volatility…
Monday, May 24, 2010 - 6:11pm | 2311…not to mention a way to potentially increase your probability of having a profitable trade (or a trade that loses less) based on statistics. If you have read my notes on volatility, then hopefully you gathered some ideas on what do when volatility moves to a high or low relative state. In my...
-
Stocks To Watch For May 21 (JCP, DELL, ANN, CRM, GPS)
Friday, May 21, 2010 - 8:12am | 192Some of the stocks that may grab investors focus today are: JC Penney (NYSE: JCP) has scheduled its annual shareholders meeting for today. JCP’s shares lost 0.12% to $25.97 in after hours trading. Dell Inc (NASDAQ: DELL) posted better-than-expected Q1 results after the market closed yesterday. DELL...
-
Piper Jaffray Maintains Overweight Rating On Kohl’s Corporation (KSS)
Thursday, May 20, 2010 - 3:25pm | 87Analysts at Piper Jaffray have released an update on Kohl’s Corporation (NYSE: KSS). Analysts expect the ongoing share gains, gross margin improvement, expense leverage, and growth initiatives to provide stability in the operating model. Analysts say that the concerns surrounding cost inflation...
-
Sears Holdings Getting Crushed Today (SHLD)
Thursday, May 20, 2010 - 2:23pm | 117Sears Holdings Corp. (NASDAQ: SHLD) reported thier quarterly earnings prior to the opening bell today. The company posted EPS of $0.16 compared to Wall Street estimates of $0.14. Year over year revenues were down 1% however, and the stock is selling off very hard today. SHLD has lost 9.68% to $90....
-
Sears Holdings Corp. (SHLD) Breaches Below 200 Day MA Level
Thursday, May 20, 2010 - 2:13pm | 139The top U.S. appliance seller Sears Holdings Corp. (NASDAQ: SHLD) said Thursday that its fiscal first-quarter profit fell 38% after it increased discounts to promote appliances at its domestic chain, while demand for its tools and home electronics declined. Sears Holding Corp. (SHLD) reported a net...
-
Company News for May 20, 2010 - Corporate Summary
Thursday, May 20, 2010 - 10:10am | 301• Staples (NASDAQ: SPLS) reported first quarter results one cent better than expected, rising to 28 cents up from 22 cents a year ago on inline revenues of $6.06 billion. The company offered full year guidance of $1.25-$1.33, with consensus views $1.33 • Sears Holdings (NASDAQ: SHLD) bested...
-
Bon-Ton Stores (BONT) Narrows Loss
Thursday, May 20, 2010 - 8:06am | 107Bon-Ton Stores Inc (Nasdaq: BONT) on Thursday morning released financial results that beat Wall Street expectations. Bon-Ton Stores Inc reported that it narrowed its 1st quarter net loss to $23.5 million, or $1.33 per share, from a net loss of $45.4 million, or $2.67 per share, a year earlier. The...
-
Sears’ (SHLD) First-Quarter Profit Drops 39%
Thursday, May 20, 2010 - 7:26am | 113Sears Holdings Corporation (NASDAQ: SHLD) reported a 39% drop in its first-quarter profit. The company reported a profit of $16 million, or $0.14 per share in its first-quarter, compared with a profit of $26 million, or $0.21 per share reported for the same period last year. Excluding one-time...
-
Sears Holdings (SHLD) Beats Earnings Estimates
Thursday, May 20, 2010 - 6:49am | 116Sears Holdings Corporation (Nasdaq: SHLD) announced on Thursday morning that it beat consensus Wall Street earnings estimates. Sears Holdings Corporation reported that its 1st quarter net income fell to $16 million, or 14 cents per share, down from $26 million, or 21 cents per share, a year earlier...
-
Benzinga’s Top Downgrades (WWE, FIS, HAST, BBVA, JCP)
Wednesday, May 19, 2010 - 10:22am | 180World Wrestling Entertainment (NYSE: WWE) was downgraded by Roth Capital from “buy” to “hold.” WWE’s shares closed at $16.98 yesterday. WWE’s quarterly earnings fell 18.58%. SunTrust Robinson Humphrey downgraded Fidelity National Information Services (NYSE: FIS) from “neutral” to “reduce.” FIS’...
-
Benzinga’s Top Upgrades (M, SPRD, JDGRY, DWA, MDC)
Wednesday, May 19, 2010 - 10:21am | 180Macy's Inc (NYSE: M) was upgraded by Goldman Sachs from “neutral” to “buy.” M’s shares closed at $21.37 yesterday. Macy's quarterly earnings grew by 125.84%. Piper Jaffray upgraded Spreadtrum Communications Inc (NASDAQ: SPRD) from “underweight” to “neutral.” SPRD’s shares closed at $9.46 yesterday...