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Struggling to Stay in Place
Wednesday, October 7, 2009 - 10:00am | 322As the market has climbed out of the abyss from earlier this year some of the most recognizable and pivotal companies to the American economy have lead this steady move higher. In particular Bank America (NYSE: BAC) and General Electric (NYSE: GE), two of the United State's largest and most...
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portfolio update Q4 2009
Thursday, October 1, 2009 - 8:31pm | 724It has been quite a while since I updated my progress with my non-registered stock portfolio. the moneygardener blog was really born as a journal for this portfolio, so I like to summarize every now and again. Here are some of the key metrics that I track: *All results to October 1, 2009Return, (...
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Comcast Corporation (CMCSA) Plummets On Rumors
Thursday, October 1, 2009 - 12:17pm | 85Shares of Comcast Corporation (NASDAQ: CMCSA) fell sharply 7.05% to $15.69 as today Reuters reported that, according to sources close to the negotiations, Comcast Corp. and GE are in talks that could lead to the sale of part or all of NBC Universal to Comcast. On the other hand shares of General...
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Just When You Thought It Was Safe
Tuesday, September 29, 2009 - 9:33pm | 493The markets have had an amazing run over the past 6 months, up a dramatic 50% or 60% on a run that has yet to take a breath in the month over month escalation. In a broad sense the powers of Wall Street have reasserted a discourse of calm, steady as she goes command that in outward appearance...
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Guy Adami Likes WLT And Tim Seymour Looks At MTL
Tuesday, September 22, 2009 - 6:18pm | 81Walter Energy (NYSE: WLT) is the stock that CNBC’s Fast Money Guy Adami has on his radar. He believes that it probably can extend its run. Walter Energy (WLT) added fantastic 7.01%, closing up for a third day in a row. Tim Seymour is thinking about Mechel (MTL). Mechel (MTL) jumped 10.03% and Tim...
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Top Traded Stocks (C,GE,AIG,TLAB,DRYS)
Monday, September 21, 2009 - 12:21pm | 274Citigroup Inc. (NYSE: C) is the top traded stock and surged 3..29% to $4.40 on 245 million shares against an average volume of 337.84 million shares . Citibank/Citigroup (NYSE: C) CEO, Vikram Pandit, says that Citi will eventually sell its remaining stake in its Smith Barney brokerage venture to...
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Stocks to Watch (ORH,LEN,WMT,POT,GE)
Monday, September 21, 2009 - 6:34am | 235Odyssey Re Holdings Corp. (NYSE: ORH) surged 3.63% to $64.85 in after hour trading after Fairfax Financial Holdings Ltd. said it raised its bid for the shares in the reinsurer that it doesn’t own to $65 from an earlier offer of $60. Lennar Corporation (NYSE: LEN) is expected to post a fiscal third-...
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General Electric (GE) Having A Great September
Wednesday, September 16, 2009 - 1:05pm | 116General Electric (NYSE: GE) is up 6% today at $16.97/share on heavy volume. The stock is up 25% during the month of September alone, not quite the usual "September Swoon". The company was decimated late last year and early this year amid concerns over its financial operations, cuts in the dividend...
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General Electric Company (GE) - Major Breakout Happened On Huge Volume
Wednesday, September 16, 2009 - 7:31am | 124General Electric Company (NYSE: GE) looks like the stock is ready move up as it is trading above its 20-Day and 200-day EMA of $14.33 and $14.41. Also MACD is smoothly moving towards 0.50 indicating a positive divergence. In the last few trading sessions, I noticed some unusual activities on the...
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Pete Najarian Is Focused On The Industrials
Tuesday, September 15, 2009 - 2:23pm | 95CNBC’s Fast Money Pete Najarain is focusing on the industrial sector, saying that these stocks could become new market leaders. Pete Najarian especially likes Cooper Industries (NYSE: CBE) , Textron (NYSE: TXT) and Siemens (ETR: SIE) that are, in his opinion, really performing. He spotted heavy...
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General Electric (GE) is heading towards a higher trading range
Friday, September 11, 2009 - 8:12am | 83Trader’s choice – General Electric (GE) Close – $14.80 Strategy – Long MACD – 0.30 RSI – 64.10 The stock had been moving in a tight range from $13-$14.51. The stock had strong resistance at $14.51. The stock has made an up move on higher volumes and moved out of the $13-$14.51 trading range. Expect...
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GE’s Share Price Rally Continues (NOC, BA)
Wednesday, September 9, 2009 - 10:23am | 246Shares of diversified US firm General Electric (NYSE: GE) jumped 63 cents or 4.54% to close at $14.50 due to the frequent press releases and news about the company. JP Morgan, on Tuesday, upgraded the GE stock to "overweight" from "neutral". GE said firmly that it wasn't selling the media company...
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Guy Adami Thinks Walter Industries (WLT) Could Go Up
Tuesday, September 8, 2009 - 6:24pm | 32CNBC’s Fast Money Guy Adami sees more room on the upside for the Walter Industries (NYSE: WLT). Walter Industries closed the day at $57.69 with a 4.8% jump.
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Nothing Creates Buying Like A Rising Stock Price
Tuesday, September 8, 2009 - 9:14am | 479The psychology of financial markets is primal. Nothing will attract the attention of buyers like a rising stock price, just as the inverse is true, in that a falling stock price will bring on even more sellers. More basic yet is the fact that nobody has money to buy in a down market, yet in a...
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Moog (MOG.A) Holds Talks to Acquire
Friday, September 4, 2009 - 8:23am | 68Moog Inc. (NYSE: MOG.A) announced that it held discussions with GE Aviation Systems, an operating unit of General Electric Company (NYSE: GE), to purchase its flight control actuation product line located in Wolverhampton in the U.K. GE acquired this business as part of its acquisition of Smiths...