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Q2 Wrap Up Holding Market Steady 06-30-2010
Wednesday, June 30, 2010 - 2:04pm | 847Cusick’s Corner The bulls are trying to build some momentum into the Midday, looking to get out of this oversold segment and push into the green. This has been challenged, with the shorts just pounding back these bulls, so watch the 1042 level on the SPX to hold if the long side is going to have...
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CF Industries Posting Strong Gains Today (CF)
Wednesday, June 30, 2010 - 1:34pm | 161Shares of CF Industries (NYSE: CF) are seeing some buying pressure today, gaining 4.10% to $64.50. CF has been badly beaten up year-to-date, and is a name that bullish investors should take a look at. The company is very sensitive to the health of the global economy, and should significantly...
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Company News for June 30, 2010 - Corporate Summary
Wednesday, June 30, 2010 - 9:37am | 392• General Mills (NYSE: GIS) raised its dividend before reporting inline fiscal fourth-quarter earnings of 41 cents a share, but its guidance for fiscal 2011 came in below Street expectations. Revenues of $3.57 billion were in-line with Zacks projections of $3.57 billion, but were off 2.1% from a...
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Downside Purchased on Intrepid Potash (IPI)
Tuesday, June 29, 2010 - 1:30pm | 140Shares of Intrepid Potash Inc. (NYSE: IPI) are lower on the session by 2.62%, currently trading at $20.10. The stock has been trading largely lower over the past four months and is now trading at a fresh 52-week low. Options traders are bracing for more downside as well. 5,518 put have traded in...
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Monsanto’s Earnings and Commentary offer a Look into Agro Industry
Monday, June 28, 2010 - 3:27pm | 2121Monsanto (NYSE:MON) is always one of my favorite stocks to watch, and I enjoy listening to their earnings conference call even more. Earnings are expected to be announced on June 30. With 15 analysts covering MON, the consensus per-share estimate is $0.80, and the high and low estimates are $0.85...
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Four Sectors Worth Watching 06-28-2010
Monday, June 28, 2010 - 1:52pm | 692Cusick’s Corner The market has been in a tight but whippy range going into the Midday. I am keeping an eye on four key sectors, Consumer Discretionary (XLY), Financials (XLF), Tech (XLK), and Industrials (XLI). If this market is going to see any potentially meaningful market shift to the upside,...
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Don Dion Is Watching MOO, TWON, EWT, FXI, EWL, GLD, XLF
Monday, June 28, 2010 - 11:51am | 360In his article on www.thestreet.com, Don Dion wrote about ETFs that should watched this week. Market Vectors Agribusiness (ETF) (NYSE: MOO) will be watched closely by Don Dion because Monsanto Company (NYSE: MON) is going to report earnings on Wednesday. China and Taiwan are going to sign a trade...
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Upside Purchased on Agrium Inc. (AGU)
Monday, June 28, 2010 - 10:49am | 176Shares of Agrium Inc. (NYSE: AGU) are flat on the session, currently trading at $50.45. The stock has been drifting lower and lower over the past three months; the stock is currently trading below both the 50-day and 200-day moving averages. Options traders are picking up calls on the name today....
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Volatility On The Move 06-24-2010
Thursday, June 24, 2010 - 5:49pm | 689Cusick’s Corner The bears were still in control going into the After Hours and were looking to test the lows. With the continued mixed data that has been coming out and the fact that Europe is still so very much in flux, the bearish sentiment looks to have the upper hand. Volatility is also on the...
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Late Market Roundup (JPM, MON, AMD, MU, EBAY, AAPL, CSCO)
Monday, June 21, 2010 - 12:55pm | 304JPMorgan Chase (NYSE: JPM) may be able to close a deal to acquire Spanish ports belonging to Dragados, a subsidiary of builder ACS (OTC: ACSAF.PK), within a range of €700-€800 million, subject to debt financing. According to a source involved in the deal, "The enterprise value of the deal is...
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Jefferies: 2010 Is A Transition Year For DD, MON, SYT
Thursday, June 17, 2010 - 12:49pm | 218According to Jefferies, “Many investors remain focused on upside risks to the supply side of the crop equation and are missing improving demand fundamentals. The USDA increased its estimate for corn usage on both higher ethanol production and food/industrial usage… Yield expectations remain high,...
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Agrium Inc. to Benefit From Shale Gas Production (AGU, GS)
Wednesday, June 16, 2010 - 3:27pm | 155Agrium Inc.'s (NYSE: AGU) management has given an upbeat appraisal of the company’s intermediate-term growth trajectory. The company has highlighted that its outlook for U.S. crop production remains positive despite recent rainfall. However, its forecast for Western Canada and South America is...
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Energies Impressive 06-14-2010
Tuesday, June 15, 2010 - 2:11pm | 676Cusick’s Corner As I write this into the close, the market has hit a patch of resistance at the highs but there has not been any noticeable selling that would be breaking this current up trend. One of the more impressive sectors as of late has been Energy (XLE). Despite the issues in the Gulf, BP...
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Mad Money Lightning Round: Jim Prefers BIDU To China Digital
Tuesday, June 15, 2010 - 7:11am | 172In his "Mad Money Lightning Round" on Monday, Jim said that he doesn’t like China Digital TV (NYSE: STV) and instead prefers Baidu.com (NASDAQ: BIDU). Shares of BIDU climbed 0.11% yesterday, while STV shares slipped 0.52%. For Fluor (NYSE: FLR), Cramer advised investors to buy the stock when it...
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ETFs To Watch June 15, 2010 (XLE, VNM, EUO, MOO)
Tuesday, June 15, 2010 - 4:42am | 260Here is the ETF Professor's ETF Watch List for Tuesday June 15, 2010. Play Best Buy's (NYSE: BBY) earnings report with the Consumer Discretionary Select Sector SPDR (NYSE: XLY). With oil executives headed to Capitol Hill, energy ETFs will be in play in a big way. Keep an eye on the Oil Services...