|Day Low/High||51.86 / 54.60|
|52 Wk Low/High||33.43 / 62.75|
Tyson Foods is in the headlines today after it appointed a new CEO.
AMD clearly has momentum and that always creates strong underlying support.
After recent weakness in the biotech sector, here are some names to start watching.
Go on the offensive rather than turn defensive and miss the opportunities that are developing.
I'm keeping FIVE on the radar but will look for entry after it consolidates a bit.
There are several key points to keep in mind as you digest this news.
If the market wanted an excuse to sell off it had it.
The action started a little slowly this morning but market players shook off early jitters and are doing a nice job of building on yesterday's momentum.
The good news is that there is some stock picking that is working well.
Will we see a trading range develop or will there be a continued effort to trend back to the recent highs?
Until we have some sort of dip, it won't be simple to find new buys.
There is just no logical way to gauge how much further this market can run even when it is technically extended by most measures.
Zogenix, Flexion, Dynavax and Progenics all have potential upside on these events.
Zogenix, Flexion, Dynavax and Progenics all have potential upside on upcoming events.
First-quarter GDP clocked in at 0.7% versus the consensus of 1.1%. I would take this with a grain of salt. Since the financial crisis, GDP always starts off the year at a miserly pace. General Motors is up just 2% in pre-market action despite beatin...
We are a half-hour before the open and it looks like we'll start off slightly higher based on current pre-market futures. Biotech could be strong again today on the back of the big acquisition by Celgene (CELG) of Receptos (RCPT) for just over $7 bi...
The market has improved since my last update and it looks as if we'll see a rare four straight days of gains. It's a bad day for old tech as Bernstein moves to Sell on Intel (INTC), citing dismal PC sales but also concerns about data-center growth. ...
It appears based on the futures that the market's rally will continue today, at least at the open. Personally, I think investors are becoming complacent given what could unfold in Greece over the next week. Everyone seems to be betting that Europe w...
Markets still down at mid-day but up off the lows coinciding with the close of the European stock markets. Following up on my comments on picking up a few more shares earlier today in United Rentals (URI) on recent weakness. The rental side of the h...
The U.S. market has opened slightly down, while China's market is officially in correction territory. Any investor who's tired of the domestic markets' low volatility should check out recent movements of the Shanghai index, which looks like what we ...
Market still looks like it will open up February with a minor rally based on premarket futures. ExxonMobil (XOM) reported results that beat on the bottom line slightly and just missed on revenue expectations. Stock is up premarket; let's see what de...
I am happy to be standing in for Doug Kass on this first trading day of February. Hopefully the month will treat investors better than the just-departed January. I hope everyone had a chance to sit down with friends and family to watch the Super Bo...