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After early strong gains, the stock markets started to sell. This was driven by a stronger Dollar in late morning trading and continued fear from Europe. The markets are hovering in a range over the last three trading days. This is known as consolidation and bullish as long as the pattern does not...

The stock market surged higher out of the gate today. Yesterday, Chancellor Merkel and President Sarkozy had a press conference where they ripped southern Europe and said straighten up or get out of the Eurozone. This initially shocked the market into selling yesterday. However, the markets showed...

This morning, the too big to fail financial institutions are surging higher. When the large financial stocks rally it is a sign that investors are willing to take on risk. After all, it has been the financial stocks that have lead the markets lower since May 2011. As long as this sector shows...

Credit Suisse is out with a research report on Bank of America Corporation (NYSE: BAC) and is lowering its price target to $14 from $17. It has an Outperform rating on shares. In a note to clients, Credit Suisse writes, "We expect more active management of the balance sheet, rightsizing of...

Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) lost 5.64% on Tuesday as Teradyne, Inc. (NYSE: TER) fell 4.81%, and closed at $11.87. Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) traded lower, along with the Russell 2000 Index. TNA closed at $46.12, and it had a volume of 22....

By Robert Barone The lack of clarity surrounding U.S. and worldwide economic growth certainly played a big role in the recent Wall Street sell-off. In part, it was precipitated by the “debt ceiling” prank that was played upon the country and the world, especially after the market dissected the...

Urban Outfitters Inc (NASDAQ: URBN) dipped 7.04% to $27.60 in the pre-market session. URBN reported a 21% decline in its profit for the fiscal second quarter. ITT Corporation (NYSE: ITT) moved down 4.26% to $44.97 in the pre-market session. ITT's trailing-twelve-month profit margin is 6.16%. NYSE...

Below are the top large-cap money center banks stocks on the NYSE and the NASDAQ in terms of cash. JP Morgan Chase & Co (NYSE: JPM) had $877.29 billion in total cash and $749.44 billion in total debt for the latest quarter. Citigroup Inc (NYSE: C) had $798.23 billion in total cash and $688....

Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 163,749 contracts, 52.3% calls, 47.7% puts 2. Apple Inc. (NASDAQ: AAPL) 145,726 contracts, 58.2% calls, 41.8% puts 3. Motorola Mobility (NYSE: MMI) 77,098 contracts, 79.5% calls, 20.5% puts 4. General Electric (NYSE:...

This morning, the leading bank stocks are all trading higher on the session. This move in the large financial stocks is giving investors and traders confidence to step in and buy the major stock indexes. When the large financial stocks decline or trade lower it is a sign that confidence is eroding...

Motorola Mobility Holdings Inc (NYSE: MMI) shares advanced 60.03% to $39.16 in the pre-market session. Google Inc (NASDAQ: GOOG) announced its plans to buy Motorola Mobility for $12.5 billion in cash. Motorola Solutions Inc (NYSE: MSI) shares advanced 3.72% to $41.49 in the pre-market session. MSI...

Motorola Mobility Holdings (NYSE: MMI) +60.20% after Google (NASDAQ: GOOG) announced it will acquire the company for $40 per share. Research In Motion (NASDAQ: RIMM) +6.88 on Motorola Mobility acquisition. Nokia (NYSE: NOK) +5.14 on Motorola Mobility acquisition. Bank of America (NYSE:...

TD Bank Group (NYSE: TD) and Bank of America Corporation (NYSE: BAC) today announced a definitive agreement under which TD will purchase MBNA Canada's credit card portfolio, as well as certain other assets and liabilities. TD will pay a modest premium on an expected $8.5 billion of credit card...

On March 20, 2011, AT&T (NYSE: T) and Deutsche Telekom AG announced that they entered into an agreement under which AT&T will acquire T-Mobile USA from Deutsche Telekom in a cash-and-stock transaction valued at approximately $39 billion. The agreement was approved by the Boards of Directors...

Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 241,061 contracts, 61.1% calls, 38.9% puts 2. Apple Inc. (NASDAQ: AAPL) 180,909 contracts, 54.7% calls, 45.3% puts 3. Citigroup Inc. (NYSE: C) 96,734 contracts, 43.2% calls, 56.8% puts 4. Cisco Systems (NASDAQ: CSCO)...