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Market Wrap For December 11: S&P 500 Drops Most in a Month, Dow Suffers Triple Digit Losses
Wednesday, December 11, 2013 - 5:31pm | 1987Read More...Major indices began selling straight at the opening bell as investors drew closer to the conclusion that the Fed could scale back its bond buying activity as soon as next week following the new budget deal. Helping the Fed taper argument was a report released by BlackRock which made the case...
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Earnings Expectations for the Week of July 22 (AAPL, GM, MCD, NFLX)
Monday, July 22, 2013 - 7:29am | 1274Read More...The earnings crunch continues this week. Reports are due from the likes of Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT) and General Motors (NYSE: GM), which are expected to say their earnings were lower than a year ago. On the other hand, Amazon.com (NASDAQ: AMZN), Facebook (NASDAQ: FB), Ford (...
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Earnings Expectations for the Week of July 18
Sunday, July 17, 2011 - 9:18am | 1316Read More...Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...
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Divergences Galore; Market Remains Indecisive (USO, UNG, APA, DVN, RRC, GAS, X, MT, AKS, NUE, FCX, NEM)
Thursday, March 31, 2011 - 4:50pm | 640Read More...Thus far, this trading week has been full of reversals and divergences mainly emanating out of the materials and commodities sectors. Traders and investors seem to be unsure as to where the market should be and in what direction it should head. For example, after disappointing inventory data,...
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Newmont Mining Hitting Fresh Highs (NEM, FCX, SCCO, RIO)
Thursday, March 31, 2011 - 11:33am | 114Read More...Shares of Newmont Mining Corp (NYSE: NEM) are pushing to new intraday highs at the same time shares of its mining counterparts are selling off. Rio Tinto (NYSE: RIO), Freeport McMoRan (NYSE: FCX), and Southern Copper have come off of their highs, as a slight selloff in all three names began around...
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Mining Shares Bucking The Trend (SCCO, FCX, NEM)
Thursday, March 31, 2011 - 10:25am | 154Read More...Shares of mining companies are continuing the impressive move which they began yesterday afternoon. Despite a neutral overall market, Freeport McMoRan (NYSE: FCX), Newmont Mining Corp (NYSE: NEM), and Southern Copper (NYSE: SCCO) are showing strength as copper futures are holding a 0.3% gain....
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Mining Shares Prove Resilient (FCX, SCCO, NEM, RIO)
Wednesday, March 30, 2011 - 4:37pm | 224Read More...It was a wild day for shares of mining companies Freeport McMoran (NYSE: FCX), Southern Copper Corp (NYSE: SCCO), Newmont Mining (NYSE: NEM), and Rio Tinto (NYSE: RIO). All of them began the day in positive territory but came under intense selling pressure in the middle of the session as copper...
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Mining Stocks Sinking Along With Copper (FCX, SCCO)
Wednesday, March 30, 2011 - 11:12am | 93Read More...Shares of miners Freeport McMoRan (NYSE: FCX) and Southern Copper Corp (NYSE: SCCO) are coming under significant selling pressure currently as copper futures have plunged 2.14% in early trading; with most of it coming within the past fifteen minutes. Shares of Freeport had been up as much as 2% at...
