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The Dow Jones Industrials Rally Again
Tuesday, January 18, 2011 - 4:56pm | 126This was another trading session where the major stock indexes seemed to find a low right after the opening bell. The SPDR Dow Jones Industrial Average is trading higher today by 0.59 cents to $118.28. The Dow Jones Industrial Average made another new two year high today and is now trading at 11,...
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Earnings Top Billing 01-14-2011
Tuesday, January 18, 2011 - 4:51pm | 876Cusick's Corner Stocks are broadly higher on positive earnings and mixed economic news Friday. JP Morgan (JPM) shares are up 2.5 percent and the best gainers in the Dow Jones Industrial Average after the bank reported a quarterly profit of $1.12 per share, which was 13 cents better-than-expected....
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Apple Earnings Preview (AAPL)
Tuesday, January 18, 2011 - 4:28pm | 104Apple Inc. (NASDAQ: AAPL) is set to report first quarter earnings today after the bell, and analysts are expecting a huge first quarter from the hardware maker. Wall Street expects first quarter earnings of $5.38 per share on $24.38 billion in revenues. Rodman & Renshaw, a boutique Wall...
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Does Intel Matter Anymore? (INTC)
Tuesday, January 18, 2011 - 3:50pm | 423Last week Intel (NASDAQ: INTC) reported better than expected earnings and revenues, and actually gave good guidance. Yet the stock sold off on Friday, after having reported Thursday after the bell. Why? Simply put. Intel doesn't matter anymore. It's not a growth company. The PC market is being...
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Garmin Down to Underperform - Analyst Blog
Tuesday, January 18, 2011 - 3:31pm | 784We are downgrading shares of Garmin Ltd (GRMN) to Underperform, since conditions in the portable navigation device ("PND") market continue to deteriorate. Garmin generated around 64% of its third quarter revenue from the auto/mobile segment, the bulk of which comes from PNDs. Segment revenues...
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ETFs To Pounce On For An Apple Rebound
Tuesday, January 18, 2011 - 3:06pm | 313OK, you don't live in a cave so you know that Apple (Nasdaq: AAPL) co-founder and CEO Steve Jobs has taken a leave of absence for health reasons. While Jobs is the master visionary of Silicon Valley, Apple has been down this road before and the shares have done just fine. The normal course of...
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Garmin Down to Underperform - Analyst Blog
Tuesday, January 18, 2011 - 2:46pm | 784We are downgrading shares of Garmin Ltd (GRMN) to Underperform, since conditions in the portable navigation device ("PND") market continue to deteriorate. Garmin generated around 64% of its third quarter revenue from the auto/mobile segment, the bulk of which comes from PNDs. Segment revenues...
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Rumor: Steve Jobs Has Pancreatic Cancer -CNBC Commentator (AAPL)
Tuesday, January 18, 2011 - 2:45pm | 76A CNBC commentator was speculating today that Apple (NASDAQ: AAPL) CEO Steve Jobs has pancreatic cancer. This rumor is unconfirmed at this time. This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be...
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Apple Showing Strength
Tuesday, January 18, 2011 - 2:22pm | 35Apple (NASDAQ: AAPL) has shown strength in intraday trading. The stock has almost filled the gap on CEO Steve Jobs medical leave. Apple is currently trading at $342.85
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Earnings Season to Pick Up Steam - Earnings Preview
Tuesday, January 18, 2011 - 1:31pm | 4803Earnings Preview 1/18/11 This week, the fourth quarter earnings season really starts to get rolling. A total of 128 firms are due to report, including 50 S&P 500 firms. We define any fiscal period ending in November, December and January to be the fourth quarters. By the end of the week we...
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A Look Under The Hood Of This Apple Heavy ETF (NASDAQ:QQQQ), (NASDAQ:AAPL)
Tuesday, January 18, 2011 - 1:28pm | 144As the ETF industry has continued to gain traction in recent years, indexes have been transformed from hypothetical performance benchmarks into essentially investable assets. As such, investors(...)Read the rest of A Look Under The Hood Of This Apple Heavy ETF (NASDAQ: QQQQ), (NASDAQ: AAPL)...
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Apple Round Trips Years Range on Jobs Medical Leave of Absence for the 3rd Time This Decade
Tuesday, January 18, 2011 - 1:20pm | 280Apple (NASDAQ: AAPL) set its year high on Friday Jan 14 at 348. It opened at 326 this morning atop its 2010 year high at 326 and the 2011 year low at 325. The stock began the year with a gap open higher. There is a bull gap window from the previous year close at 322 to the 2011 year low at 325. If...
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EMC Unveils New Products - Analyst Blog
Tuesday, January 18, 2011 - 1:01pm | 1218A leading provider of information infrastructure solutions, EMC Corp (EMC), recently unveiled a number of new products aimed at extending its lead in all major storage markets. EMC released more than 40 new technologies and products catering to every sphere and category of its business. VNX...
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SP500 Elects a Minor Sell Signal After Reaching 1293 Target
Tuesday, January 18, 2011 - 12:52pm | 329Over the weekend, I noted a strong correlation off the Jan 7 NFP high and low to the Dec 3 NFP high and low. That low to high and high to high correlation targeted 1293. The SP500 reached that overnight ahead of the anti-climactic earnings announcements from Apple (NASDAQ: AAPL) after the mkt close...
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Steve Who?
Tuesday, January 18, 2011 - 12:51pm | 119Ever since Apple Computer (AAPL) introduced the iPad almost a year ago, there has been a concern among some that strong sales of iPad would cannibalize sales of PCs. After all, who needs an extra laptop or netbook if you can just do the same thin... Go to SwingTradingDaily.com for full article,...