Earlier I noted that the market failed to see a bounce after the FOMC minutes…(Read More)
Posted on August 29th, 2007 by
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The FOMC minutes hit the wires at 2 PM and the Street has now had a chance to digest the news…(Read More)
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We head into the second half of the session with selling pressure still weighing on the market… The S&P 500 (SPX) has bounced off its worst levels of the session but is still showing a loss that exceeds one percent…(Read More)
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The opening bell has rung and here is what I see…We are an hour into the action and there is a definite downside bias…(Read More)
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Here are some of the contenders for today’s biggest…news…of…the…day… Data on home prices which showed “the largest decline ever in the 20-year history of the Case-Shiller home price index”…Word that Merrill Lynch (MER) has downgraded Citigroup (C), Lehman Brothers (LEH), and Bear Stearns (BSC)…A report that says credit card defaults by American consumers are […]
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We head toward the bell with stock futures weakening and sitting at their worst levels of the overnight session…the S&Ps are eight points below fair value…gold is down 2.20…Here are a few of the analyst upgrades and downgrades that I thought were worth noting this morning…Upgrades Callaway Golf (ELY) Gap Inc (GPS) OSI Pharm (OSIP) ValueClick (VCLK)Downgrades Bear Stearns (BSC) Citigroup […]
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Here are the results for today’s unusual stock volume scan. The scan looks at the previous day’s volume and compares it to the recent average volume…(Read More)
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Good morning everyone - welcome to the second day of the trading week where we find stock futures showing a downside bias…The S&Ps are trading more than five points below fair value…(Read More)
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