-
Good Friday Market Update – Bank of America (NYSE:BAC), JP Morgan Chase (NYSE:JPM), Goldman Sachs (NYSE:GS), Citigroup (NYSE:C)
Friday, April 2, 2010 - 1:33pm | 875Not much news on this Good Friday for our Market Update, so in the spirit of the holiday weekend we ask that you, our loyal readers, forgive our abridged version of the market update. First in the news is the story that’s making everyone smile. According to the Labor Department, the United States...
-
Zacks’ Voice of the People highlights opportunities with Research In Motion Limited, JPMorgan Chase & Co., Goldman Sachs Group, Inc., The United States Oil Fund LP and SPDR Gold Trust
Friday, April 2, 2010 - 12:13pm | 1005Zacks highlights commentary from People and Picks Trader “inthemoneystocks.” For more Voice of the People, visit http://at.zacks.com/?id=5851. Featured Post Eyes On The Horizon, Traders Ready To Pounce The markets started out on a wild note today after the ADP Private Sector Employment Data was...
-
Technicals Show Why It May Be Time To Sell This Financial ETF (UYG)
Thursday, April 1, 2010 - 10:53pm | 851“For six months, The ProShares Ultra Financials ETF (UYG) traded within the confines of a rectangle bounded by support at $5 and resistance at $6.30,” Sam Collins Reports From Options Zone. On March 11, Collins said, “Following a period of very high accumulation, this ETF appears to be breaking...
-
2010 Fund Performance Period 3
Thursday, April 1, 2010 - 4:37pm | 3074The mutual fund is now on schedule for a summer 2010 launch. If, after reading the blog content you might have an interest in participation, please consider reading why this blog exists. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked Questions] Our story in Barron...
-
What To Expect From The Markets And ETFs When Interest Rates Rise
Thursday, April 1, 2010 - 1:46pm | 1759“When the next tightening cycle begins, it will not be to throttle an economy that is growing too fast. Instead, it will be to rebalance rates to more reasonable levels. The Economy may be less vulnerable when they begin to tighten, but it will not be too strong. That is a material difference, and...
-
Finally Sold Goldman Sachs (GS)
Thursday, April 1, 2010 - 12:24pm | 533tweetmeme_url = 'http://fastswings.com/FastSwingscom/Blogs/tabid/680/EntryId/1269/Finally-Sold-Goldman-Sachs-GS.aspx'; tweetmeme_source = 'srpatterson'; Finally Sold Goldman Sachs (GS) I have been holding Goldman Sachs (GS) stock for quite some time and had been looking for a good opportunity to...
-
What the iPhone means for Verizon (NYSE:VZ)
Thursday, April 1, 2010 - 12:20pm | 779Technology and Telecom are helping the recent rally in stocks. We’ve discussed the tech sector at length in the past, but right now few tech stocks have the cache of Apple (AAPL). If the Nasdaq is up, Apple seems to be touching a new 52-week high. To say the ubiquitous maker of iPods and iPhones...
-
What the iPhone means for Verizon (NYSE:VZ)
Thursday, April 1, 2010 - 12:20pm | 779Technology and Telecom are helping the recent rally in stocks. We’ve discussed the tech sector at length in the past, but right now few tech stocks have the cache of Apple (AAPL). If the Nasdaq is up, Apple seems to be touching a new 52-week high. To say the ubiquitous maker of iPods and iPhones...
-
Market Updates – Apple (NASDAQ:AAPL), Ford (NYSE:F), Citigroup (NYSE:C), Prudential PLC (LON:PRU), American International Group (NYSE:AIG)
Thursday, April 1, 2010 - 12:13pm | 1046Today starts with some poor economic indicators, as construction spending is down for the month of March 0.3% more than the anticipated 1.0% decline. February construction spending has also been adjusted, and it’s estimated spending declined 1.4%, which is 0.8% more than initially reported last...
-
Market Updates – Apple (NASDAQ:AAPL), Ford (NYSE:F), Citigroup (NYSE:C), Prudential PLC (LON:PRU), American International Group (NYSE:AIG)
Thursday, April 1, 2010 - 12:13pm | 1046Today starts with some poor economic indicators, as construction spending is down for the month of March 0.3% more than the anticipated 1.0% decline. February construction spending has also been adjusted, and it’s estimated spending declined 1.4%, which is 0.8% more than initially reported last...
-
Fink Opposes Safety Net For Money Market Funds (BLK, JPM, GS)
Thursday, April 1, 2010 - 10:33am | 424Bloomberg reports that with the exception of Laurence Fink, chief executive officer of BlackRock, Inc. (NYSE: BLK), most of the big U.S. money-market fund providers have agreed in principle to a proposal for a safety net for the industry that manages investor funds amounting to $3 trillion....
-
Company News for April 1, 2010 - Corporate Summary
Thursday, April 1, 2010 - 9:46am | 241• Research in Motion (NASDAQ:RIMM) reported fourth quarter adjusted earnings ex-items of $1.27, up from 90 cents pro-forma earnings reported a year ago, but one cent short of Zacks estimates of $1.28. Sales of $4.08 billion were ahead of year ago's $3.46 billion, but missed targets of $4.31...
-
European IPOs Outpace U.S (GS, BCS, ABX, ST, JPM)
Thursday, April 1, 2010 - 8:33am | 483Bloomberg reports that it is the first time after the stock market peak of 2007 that initial public offerings in Europe are outpacing the U.S. Brenntag AG and Kabel Deutschland Holding AG have raised almost double the amount of the biggest American deal. According to data compiled by Bloomberg,...
-
Fed Reveals Securities Bought To Aid Bear Stearns Rescue (JPM, FNM, AIG, GS, MS)
Thursday, April 1, 2010 - 7:44am | 502Bloomberg reports that after months of litigation, the Federal Reserve, on Wednesday, put an end to its policy of secrecy over the details of its bailout of Bear Stearns Co. It released details of securities bought to aid Bear Stearns’s takeover by JPMorgan Chase & Co. (NYSE: JPM). Maiden Lane...
-
Traders Seek Bearish Options In The iShares Russell 2000 ETF (IWM)
Wednesday, March 31, 2010 - 4:15pm | 2474“As Wall Street awaits the release of several economic reports, options traders sought bearish positions in exchange-traded funds that track specific segments of the market. Among the most active names of the session was the iShares Russell 2000 Index Fund (IWM), an exchange-traded fund (ETF) that...