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Running of the Bulls 07-21-2011
Thursday, July 21, 2011 - 6:18pm | 886Cusick's Corner Major markets continue to be in full bull mode while the debt talks continue. The Volatility Index (VIX) is down to 17.56 (see Index Trading) because the latest earnings-reporting season has been mostly upbeat. Merger mania is on -- pharmacy benefits management company Express...
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Rally Broad-Based 07-21-2001
Thursday, July 21, 2011 - 2:48pm | 971Cusick's Corner Stocks are up on earnings and Europe appears closer to a Greek bailout plan. This rally is broad-based; all sectors are in the green with Financials, XLF, and Energy, XLE, leading the pack. See you After Hours. Stocks are broadly higher with help from earnings and diminishing...
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Earnings Preview: Valero Energy EPS, Revenue Expected to Rise from Previous Quarter
Thursday, July 21, 2011 - 1:45pm | 498Valero Energy (NYSE: VLO) releases its next round of earnings this Tuesday, July 26, 2011. Here's Benzinga's advanced look at Valero's second quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS reading of $1.51 per share and revenues of $28.44 billion. Can...
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ETFs For The Bakken Shale
Thursday, July 21, 2011 - 1:27pm | 567The Bakken Shale is one of the energy sector's hottest buzzwords these days and with good reason. Most U.S. shale plays are rich in natural gas, but not so much in oil. The north side of the Eagleford Shale in South Texas, which we proffered up some ETF plays on several weeks ago, is certainly oily...
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Earnings Preview: Occidental Petroleum EPS, Revenue Expected to Rise from Previous Quarter
Thursday, July 21, 2011 - 1:14pm | 521Occidental Petroleum (NYSE: OXY) unveils its next round of earnings this Tuesday, July 26, 2011. Get prepared with Benzinga's ultimate preview for Occidental Petroleum's second quarter earnings. Earnings and Revenue: Wall Street expects a positive EPS reading of $2.19 per share and revenues of $5...
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Under The Hood: A Different Kind Of LatAm Play
Thursday, July 21, 2011 - 12:23pm | 438In the world of ETFs tracking Latin America, there are country-specific plays, with most being devoted to Brazil and there are regional plays that are de-facto Brazil plays because of their excessive weights to the region's largest and fastest growing economy. Inevitably, these ETFs feature large...
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Earnings Preview: Analysts Expect Enterprises Products Revenue, Earnings to Dip from Previous Quarter
Thursday, July 21, 2011 - 12:12pm | 582Enterprises Products(NYSE: EPD) unveils its next round of earnings this Tuesday, July 26, 2011. Here's Benzinga's essential guide to Enterprise Products second quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive EPS...
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Dividend Stock ETFs vs. Dividend Stock Mutual Funds
Thursday, July 21, 2011 - 11:13am | 98When it comes to dividend stock investing for a retirement portfolio, investors have the following three ways: Invest in dividend stocks directly. Invest[...more...] (MCD) (CVX) (SPX) (COP) (PEP) (KO) (UTX) (IBM) (PG) (XOM...
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The Wild Commodity Ride, Understand It
Thursday, July 21, 2011 - 11:13am | 247The stock market is in rally mode again today. Positive comments were made towards Greece and handling a selective default by the European regulators. This drove the Euro higher and the Dollar lower. The up cycle is in full effect and should remain choppy to higher for the next week or so. The SPDR...
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Apple May Soon Pass Exxon Mobil as World's Most Valuable Company
Thursday, July 21, 2011 - 6:39am | 66Based on Apple's (NASDAQ: AAPL) growth trajectory, and a number of catalysts in the pipeline from a possible new iPhone this fall, to expansions in China, investors and analysts say Apple could unseat Exxon Mobil (NYSE: XOM) in the next six months, or latest by the middle of next year.
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Earnings Preview: Anadarko Petroleum EPS, Revenue Expected to Rise from Previous Quarter
Wednesday, July 20, 2011 - 10:35am | 508Anadarko Petroleum (NYSE: APC) announces its next round of earnings this Monday, July 25, 2011. Get prepared with Benzinga's ultimate preview for Anadarko's second quarter earnings. Earnings and Revenue: Wall Street expects a positive EPS reading of 90 cents per share and revenues of $3.47...
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Calls Purchased on Murphy Oil
Wednesday, July 20, 2011 - 9:25am | 121Shares of Murphy Oil (NYSE: MUR) are higher on the session by 4.42%, currently trading at $68.30. The stock has been moving largely higher over the past five weeks and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the...
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Cnooc To Buy Opti Canada For $2.1B
Wednesday, July 20, 2011 - 3:14am | 191Cnooc (NYSE: CEO), China's largest offshore oil exploration firm, announced it will increase its footprint in Canada's oil sands region with a $2.1 billion deal to acquire bankrupt Opti Canada. The deal is structured in cash and debt. The cash component includes $34 billio while Cnooc will pay $1....
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Malus domestica Produces 07-19-2011
Tuesday, July 19, 2011 - 5:41pm | 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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Will AAPL Succumb to Gravity? 07-19-2011
Tuesday, July 19, 2011 - 2:21pm | 1030Cusick's Corner GS reports bad numbers, the market goes up -- that is strong. Finance continues to lag the market, but one thing that traders and investors cannot ignore is that when rates do move, money will cycle into this sector. At this stage the conviction is in Tech and traders are waiting...