-
Stocks To Watch For February 22 (HPQ, WMT, M, HD, MDT)
Tuesday, February 22, 2011 - 3:10am | 184Some of the stocks that may grab investor focus today are: Wall Street expects Hewlett-Packard Company (NYSE: HPQ) to report its FQ3 EPS at $1.29 on revenue of $32.95 billion. HPQ shares gained 0.68% to $49.00 in after-hours trading. Analysts are expecting Wal-Mart Stores Inc (NYSE: WMT) to have...
-
Events to Monitor Over Weekend 02-18-2011
Friday, February 18, 2011 - 6:40pm | 784Cusick's Corner From a technical perspective, this market is strong and is showing no sign of any short-term resistance. While technicals are in line, next resistance level S&P 1344, there are some fundamental events that you should monitor over the weekend. First, German elections -- it looks...
-
A Consumer Goods Growth Stock (THS)
Friday, February 18, 2011 - 12:21pm | 728During its five years of existence, this company's stock has risen 148 percent, while the iShares Dow Jones U.S. Consumer Goods Sector Index Fund (IYK) - of which it is a member - has risen just 6.3 percent. That outperformance, from a typically slow growth...
-
A Consumer Goods Growth Stock (THS)
Friday, February 18, 2011 - 12:21pm | 728During its five years of existence, this company's stock has risen 148 percent, while the iShares Dow Jones U.S. Consumer Goods Sector Index Fund (IYK) - of which it is a member - has risen just 6.3 percent. That outperformance, from a typically slow growth...
-
U.S. Steel (NYSE:X) Trading Strategies for Bulls and Bears
Friday, February 18, 2011 - 9:04am | 1866Investors may have a renewed interest in U.S. Steel (NYSE:X) Corp. this week after a Goldman Sachs analyst upgraded the stock. The covering analyst booted his overall rating to “buy” from “neutral,” lifted his earnings forecasts through 2013, and raised his 12-month price target by 23% to $75. In...
-
Citi Comments On 2011 Product Cost Outlook (JCP, JWN, KSS, M, SKS, TGT, WMT)
Thursday, February 17, 2011 - 9:26am | 250Citi is out this morning with a Product Cost Outlook in the retail industries for 2011. In the report, Citi states that import prices have hit an all-time high in January, and predicts that retailers may be able to offset at least 50% of 2011 product cost inflation, that retailers have some leeway...
-
Walmart Under Pressure
Wednesday, February 16, 2011 - 3:44pm | 78This afternoon, WalMart Stores Inc.(NYSE: WMT) is trading lower by 0.49 cents to $54.46 a share. The retail giant has been under pressure since late January 2011 when the stock traded as high as $57.89 a share. Scalp traders can watch for minor intra-day support around the $54.45 area. Should WMT...
-
Gauging Future Growth Areas for eBay
Wednesday, February 16, 2011 - 2:47pm | 199eBay (NASDAQ: EBAY), which competes with other e-commerce sites like Amazon.com (NASDAQ: AMZN), Walmart (NYSE: WMT), Overstock.com (NASDAQ: OSTK), and Blue Nile (NASDAQ: NILE), recently held an Investor Day in which the company discussed future growth areas and presented its business outlook...
-
Goldman Sachs Suggests Buying Straddles on Wal-Mart (WMT)
Wednesday, February 16, 2011 - 9:13am | 141Goldman Sachs is out with a research note this morning, where its analysts suggest that traders buy straddles on Wal-Mart Stores Inc. (NYSE: WMT) ahead of earnings. The analysts noted that March $55 straddles only cost 3.7%, but shares have traded in a 7.2% range over the past two months. WMT's 1-...
-
Cotton, Coffee, and Other Soft Commodities Keep Surging
Tuesday, February 15, 2011 - 9:31am | 210This morning is another day where commodities seem to be making new all time highs. Cotton futures(March contract) are surging higher this morning by another $4.70 to $190.75. This is another new high for the year. Coffee for March delivery is making another new 52 week high this morning soaring by...
-
Stocks Struggle to Find Direction 02-14-2011
Monday, February 14, 2011 - 6:27pm | 739Cusick's Corner Stocks struggled to find direction on this slow news day. Trading volumes on the NYSE were very low, plus there was little action in the option pits too. Retail Sales are due out pre-market tomorrow -- watch the Retailers, XRT, want to see if this weather is cooling down store...
-
Walmart Appoints Cindy Davis Executive VP, Global Consumer Insights
Monday, February 14, 2011 - 3:31pm | 80Wal-Mart Stores, Inc. (NYSE: WMT) has appointed Cindy Davis executive vice president of Global Consumer Insights. Davis will lead the newly created Global Customer Insights team, helping both Walmart and Sam's Club understand broad consumer trends, provide insight into customers' needs across the...
-
Valentine's KISS 02-14-2011
Monday, February 14, 2011 - 2:58pm | 814Cusick's Corner KISS: Keep It Simple – it's low volume on this grind to the upside, the market is overbought and commercial traders are pulling off their hedges (specifically in the NAZ and DOW futures), all going to put your discipline and your plan to test. Now those of you who have been winging...
-
Update: JP Morgan Downgrades Wal-Mart to Neutral (WMT)
Monday, February 14, 2011 - 10:11am | 131JP Morgan is out with its report today on Wal-Mart (NYSE: WMT), downgrading WMT from Overweight to Neutral. In a note to clients, JP Morgan writes, "While sentiment on the stock is hardly upbeat (despite a 60%+ sell-side “buy” ratio), we don't foresee a positive catalyst on the horizon that would...
-
JP Morgan Downs WMT To Neutral
Monday, February 14, 2011 - 6:44am | 42Analysts at JP Morgan downgrade Wal-Mart Stores Inc (NYSE: WMT) from “overweight” to “neutral.” WMT shares gained 0.18% to close at $55.69 on Friday. More Analyst Ratings here