Early trade remains choppy as the broader market displays an unwillingness to follow the lead of energy stocks, which continue to sport a 1% gain, as a group. Utilities are at the other end of the spectrum. The defensive-oriented sector is...
The gap down at the open has the stock market positioned for its fourth straight loss after advancing in seven of the eight previous trading days. Energy stocks have been a heavy burden all week. The sector is down almost 7%...
Stocks have slipped a bit in recent trade. Although the Dow is still in positive territory with a narrow gain, both the Nasdaq and S&P 500 are at session lows with modest losses. The Chicago PMI for April was just posted....
Better-than-expected earnings and upside guidance have given shares of Illinois Tool Works (ITW 56.97, +2.54) a strong boost in morning trade. The stock’s strength has also provided leadership to the overall industrials sector, which is up 1.1% while the rest...
Provided Courtesy of OTCPicks.com “Hold on, we’re in for a bumpy ride!” is the familiar saying that comes to mind right now in the markets. More bad news keeps coming despite all the government interventions and eye-popping money being thrown at...
Courtesy of OTCPicks.com At the end of the day on Friday I walked outside as the closing bell rang and I swear I could hear the universe exhaling with a collective sigh of relief ending one of the most volitile months...
Written by OTCPicks.com Wall Street had another rough day today with the Dow losing 514 points on worries that the global economy is rapidly weakening. The primary worries have shifted from the credit crunch to worries about corporate earnings as global...
Written by OTCPicks.com Wall Street had yet another dismal day today as the Dow dropped 733 points as very weak and bleak economic data stoked fear and uncertainty in the markets. Investors are evidently worried that all the U.S. and global...
Written by OTCPicks.com Stocks around the world experience biggest one day rally in more than 75 years on Monday as the DOW jumps 936 points or 11.6 percent. Morgan Stanley also jumps 87% after nailing down an agreement from Japan’s Mitsubishi...
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