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Futures Down Ahead of Citi, IBM Earnings
Monday, October 18, 2010 - 7:55am | 173Wall Street was looking at a negative start to trading early Monday as traders ready themselves for a deluge of earnings reports this week. As of 6:35 a.m. in New York, the Dow Jones Industrial Average futures fell 28 points, or 0.25%, to 10996, the S&P 500 futures fell 3.3 points, or 0.28%,...
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Long-Term Inflation Fighters 10-15-2010
Friday, October 15, 2010 - 6:20pm | 964Cusick's Corner The trend continues up and it's just not worth fighting a rising tide. Review the past four Corners for some ideas on trading this trending up market and how to mitigate the short-term impact of some momentary shakeouts. For those of you who are starting to see the potential for...
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Fed Keeps Market Green 10-15-2010
Friday, October 15, 2010 - 2:41pm | 1054Cusick's Corner It is options expiration -- chalk filled with data (no surprises this morning) and our head grounds keeper (the Fed Chief) confirmed that he is committed to keeping things green in the economy, leaving the sprinklers of cash going for the foreseeable future. This current story of...
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Puts Active on Alcoa Inc. (AA)
Friday, October 15, 2010 - 10:57am | 138Shares of Alcoa Inc. (NYSE: AA) are lower on the session by 2.44%, currently trading at $12.81. The stock has been moving largely higher over the past two months, jumping off of the $10.00 level and rallying above the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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Fast Money Picks For October 13th (TAL, AA, MTD, JPM, PCL)
Tuesday, October 12, 2010 - 6:55pm | 244On CNBC's Fast Money, Patty Edwards suggested investors to buy TAL International Group, Inc. (NYSE: TAL) tomorrow. She likes its dividend yield. TAL International Group, Inc. (TAL) fell 0.52% in the regular trading session, but it gained 1.74% in the after hours. Tim Seymour thinks that Alcoa Inc...
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How Low Can It Go?
Tuesday, October 12, 2010 - 3:23pm | 359Everyday seems like Ground Hog Day. The stock market sells off early in the trading session only to bounce up and rally throughout the afternoon. The catalyst for the stock market is not the positive economic data such as the jobs report, or the price of gasoline and food. It is not the great...
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An ETF Ready for Market Turmoil
Tuesday, October 12, 2010 - 11:01am | 347(TheStreet) -- With Alcoa's (NYSE: AA) analyst beating quarterly report behind us, we are now in the full swing for what is shaping up to be an optimistic earnings season. Investors looking for a way to invest in this fast-paced time for the market should look to a strong, stable, and diversified...
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Mad Money Lightning Round: Cramer Likes Verizon (WFC, VZ, AA, MAS, SWK)
Tuesday, October 12, 2010 - 5:22am | 168On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he considers Wells Fargo (NYSE: WFC) as a problematic stock. He added, “I think it's a fantastic bank but the bears are not going to relent. I like it but it's going to be one tough stock to own." Cramer likes Verizon (NYSE: VZ)...
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Top 4 Stocks In The Aluminum Industry With The Highest Cash (AA, ACH, CENX, KALU)
Tuesday, October 12, 2010 - 4:00am | 147Below are the top aluminum stocks on the NYSE and the NASDAQ in terms of cash. Alcoa Inc (NYSE: AA) had $1.35 billion in total cash and $9.80 billion in total debt for the latest quarter. Aluminum Corporation of China Limited (NYSE: ACH) had $1.69 billion in total cash for the latest quarter. ACH's...
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Looking for Good Data, but Not Too Good
Monday, October 11, 2010 - 1:52pm | 1432The markets remain focused on macroeconomic data, which continued to come in mixed. However, the market seems to be hoping that macroeconomic and earnings data will be bad enough that the Federal Reserve will engage in a previously discussed second round of quantitative easing, but not bad enough...
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Top Performing Industries For October 11 (NFLX, ACH, CGA, ASTI)
Monday, October 11, 2010 - 11:01am | 200At 10:47 am, the Dow lost 0.03% to 11,003.98, the broader Standard & Poor's 500 index moved down 0.03% to 1,164.85 and the NASDAQ composite index rose 0.01% to 2,402.07. The industries that are still afloat in the market today are: Music & Video Stores: This industry jumped 2.72% by 10:47...
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Week in Preview: Earnings Expectations for Intel, GE, Google and JPMorgan
Monday, October 11, 2010 - 8:12am | 731The earnings season kicked off last week with better-than-expected results from Alcoa (NYSE: AA) and Yum! Brands (NYSE: YUM), while Marriott (NYSE: MAR) and Pepsico (PEP) met consensus EPS estimates. This week, bellwether companies Intel (Nasdaq: INTC), General Electric (NYSE: GE), Google (Nasdaq:...
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Friday's Mid-day Options Volume Leaders (AAPL, AA, C, JCP, ADBE)
Friday, October 8, 2010 - 11:20am | 113The overall market is hovering around the flat line today as traders digest the jobs report as QE2 expectations; currently, the S&P 500 (CBOE: SPX) is trading at $1,161.24, higher by 3.20 points. Here are your mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 118,774 contracts, 60.1...
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Alcoa Inc Beats 3Q Lowered Expectations
Friday, October 8, 2010 - 10:42am | 102Alcoa Inc. Common Stock (NYSE: AA) 3Q beats lowered expectations and is poised for sharp earnings acceleration if Ali holds. In a research report Alcoa Citi writes, "We are raising our 2010 EPS estimate to $0.44 from $0.40 to reflect the 3Q beat, reiterating Buy and $16 target. We view AA's...
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Alcoa Sharply Higher After Strong Earnings (AA)
Friday, October 8, 2010 - 9:53am | 128Shares of Alcoa Inc. (NYSE: AA) are up sharply this morning after the world's largest aluminum maker reported better than expected earnings and revenues, and upped its outlook for aluminum. It also received an upgrade from J.P. Morgan after the earnings report. Alcoa said it sees the market for...