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The Bon-Ton Stores July Comparable Store Sales Down 1.6%
Thursday, August 4, 2011 - 7:31am | 92The Bon-Ton Stores, Inc. (NASDAQ: BONT) today announced comparable store sales for the four weeks ended July 30, 2011 decreased 1.6%. Total sales decreased 2.3% to $173.6 million for the four weeks compared with $177.6 million for the prior year period. For the second quarter of fiscal 2011,...
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UGLY 08-02-2011
Tuesday, August 2, 2011 - 6:52pm | 1054Cusick's Corner Ugly, that is what the market looks like at this stage with all the major indices at their worst levels this year. While this is ugly (and could get uglier), I have a hard time jumping on a ship that has sailed on the downside so long, 8 sessions in the NAZ and S&Ps. I traded...
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Aw Snap, Is Market Gonna Crackle or Pop?
Tuesday, August 2, 2011 - 3:53pm | 1055Cusick's Corner The vote is over. The debt crisis, well at least the missed payment, has past until 2013 and the market is now focused on the data that continues to disappoint. The Spending data is flagging a less than active consumer, a potential signal of a slowing employment market, while...
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VIX Drops 08-01-2011
Monday, August 1, 2011 - 6:52pm | 976Cusick's Corner This is a headline market, so try not to be the hero and get too opinionated. All the major markets are at the critical support level of the 200-Day Moving Average and the last test was in June. Holding these levels into the close was important and I like the fact that VIX,...
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Weak Data in Focus 08-01-2011
Monday, August 1, 2011 - 2:40pm | 1073Cusick's Corner Well the market initially thought that a deal on the Debt ceiling was very close to being made but the reality is that the data is weak and the market is taking notice. I spoke about that last week that we can see the debt, we can anticipate where it is going and the impact on...
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Pre-Market Losers
Friday, July 29, 2011 - 9:28am | 175Quantum (NYSE: QTM) is trading down 11% after being cut to Neutral by Sterne Agee. Netgear (NASDAQ: NTGR) is trading down over 9% after quarterly results yesterday. Ancestry.com (NASDAQ: ACOM) is trading down over 7% after reporting earnings yesterday. Arch Coal (NYSE: ACI) is trading down over 7%...
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Mad Money Lightning Round: Cramer Likes Telecom Argentina
Friday, July 29, 2011 - 3:53am | 370On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Paccar (NASDAQ: PCAR) “reported bad numbers while Cummins (NYSE: CMI) reported great numbers. Sell Paccar and pickup some Cummins." For Amerigroup (NYSE: AGP), he said, "I have to go with best of breed here and that's Aetna (...
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IBD: 'Progressive' Policies Hit Minority Wealth Hardest; Fan, Fred, and Dems to Blame
Wednesday, July 27, 2011 - 10:59am | 544Well of course they do, and of course “progressive” policies are to blame, as a Tuesday evening Investors Business Daily editorial aptly details (bolds are mine): … New Census data show that the recent economic crash has erased decades of minority gains in wealth. The net worth of whites is now 20...
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Monday's Put/Call Ratio Leaders
Monday, July 25, 2011 - 12:15pm | 76Here are today's Put/Call Ratio leaders… 1. Regeneron Pharmaceuticals (NASDAQ: REGN) 5,759 puts, 52 calls 2. Cemex (NYSE: CX) 7,697 puts, 199 calls 3. Saks Inc. (NYSE: SKS) 5,156 puts, 291 calls 4. McKesson Corp. (NYSE: MCK) 4,386 puts, 254 calls 5. Trina Solar (NYSE: TSL) 4,890 puts, 359 calls
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Macy's Hits New 52-Week High at $30.59
Friday, July 22, 2011 - 3:46pm | 75Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Macy's (NYSE: M) are hitting new 52-week highs. Traders and...
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Seven Retail Stocks on a Roll
Friday, July 22, 2011 - 10:46am | 914Overall, retail sales have sputtered in recent reports. But not all is doom and gloom in the sector; here are seven retail stocks that are on a tear. All of them hit 52-week highs yesterday, and all are up more than 20% since the beginning of the year (or in one case, since its IPO earlier this...
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Dillard's Hits New 52-Week High at $60.63
Wednesday, July 20, 2011 - 9:33am | 75Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Dillard's (NYSE: DDS) are hitting new 52-week highs. Traders...
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Stocks to Watch for Wednesday 7/20/2011: Fresh 52 Week Highs and Lows
Wednesday, July 20, 2011 - 1:51am | 3102Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to lowest): 1) Apple (NASDAQ: AAPL): Shares of Apple...
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Malus domestica Produces 07-19-2011
Tuesday, July 19, 2011 - 6:41pm | 973Cusick's Corner AAPL: in the infamous words of Harry Caray, "Holy Cow!" The large cap Tech company blew earnings away and still led with conservative guidance, no surprise, into Q3. While the NASDAQ futures popped, the S&Ps have muted reaction to the After Hours news, further stressing that...
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Nordstrom Hits New 52-Week High at $50.93
Tuesday, July 19, 2011 - 10:18am | 75Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Nordstroms (NYSE: JWN) are hitting new 52-week highs. Traders...