Here is the latest trading and free market analysis info on the markets and more...
FYI – I have updated the “My Links” page (above on a3holdings.com) with a great collection of trading links, to help you make a more informed investment or trade.
CNBC:
January 28, 2010 -- 16:35 ET
Moving the Market:
Large-cap tech comes under pressure. Durable goods orders come in mixed, but initial weekly jobless claims disappoint. Earnings continue to generally exceed expectations
Sector Watch:
Strong
photo products; personal products; household products; airlines; health care distributors; managed care; life science tools; regional banks; diversified banks
Weak
communication equipment; computer hardware; wireless services; semiconductor equipment; trucking; education services; consumer finance; construction and farming machinery
Market Events
01/28/2010 16:35 ET Dow -115.70 at 10120.46, Nasdaq -42.41 at 2179.00, S&P -12.97 at 1084.53:
[BRIEFING.COM] Losses among large-cap tech issues left the broader market mired in weakness, despite another big batch of generally better-than-expected earnings results.
Stocks opened the session in mixed fashion amid news that Procter & Gamble (PG 61.68, +0.87), Colgate-Palmolive (CL 79.99, -0.40), 3M (MMM 80.75, -1.55), Ford (F 11.41, -0.14), Bristol-Myers Squibb (BMY 24.10, -0.20), and Nokia (NOK 13.98, +1.06) topped Wall Street's earnings estimates. Not all of the announcements featured upside surprises, though; AT&T (T 25.54, -0.08) and Baxter International (BAX 58.20, -0.71) both met expectations, but Eli Lilly (LLY 35.75, -0.64) came short of the consensus.
The latest dose of economic data proved disappointing. Durable goods orders for December increased 0.3%, which was far softer than the 2.0% increase that had been widely expected. Excluding transportation, durable goods orders for December increased 0.9%, but that was stronger than the 0.5% increase that had been forecast by economists.
Initial jobless claims for the week ended Jan. 23 were down 8,000 week-over-week to 470,000, but that still exceeded the consensus call for 450,000 claims. Continuing claims totaled 4.60 million, which is slightly above the 4.59 million continuing claims that had been expected, but down from the 4.66 million continuing claims total from the previous week.
Though there wasn't much direction in the opening minutes of trade, it didn't take long for tech stocks to come under stiff selling pressure, which resulted in a 2.9% loss for the sector. Particular weakness among large-cap tech caused the Nasdaq Composite to underperform its counterparts.
Though tech's downturn was steeper than that of the broader market, the theme of weak large-cap tech has been relatively common since the start of the year. Some analysts say that tech's huge gains in 2009 were underpinned by the notion that the sector's fundamentals would see a sharp rebound. Now that those numbers are being reported, some have opted to sell the news, while others believe the numbers aren't strong enough to justify the sector's surge from lows last March.
Tech's weight in the broader market and degree of weakness weighed heavily on the other major sectors, such that they all logged losses.
Banks garnered modest support, though. Specifically, regional banks advanced 0.4% and diversified banks gained 0.5%. That move came amid news that Standard & Poor's no longer classifies the United Kingdom among the most stable and low-risk banking systems globally.
Despite general distaste for stocks, Treasuries failed to find support. Even a stronger-than-average bid-to-cover ratio of 2.9 in a $32 billion auction of 7-year Notes failed to stimulate demand for the benchmark 10-year Note, which essentially finished flat.
Nasdaq -42.41 at 2179.00... S&P Midcap 400 -1.3... NYSE Adv/Dec 799/2236... Nasdaq Adv/Dec 752/1909.
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Weekly & Daily Stock Earnings Calendar:
Company Stock, Earnings Date/Time, Expected EPS
Motorola MOT 1/28 8am .09EPS
Potash POT 1/28 8am .82EPS
Microsoft MSFT 1/28 4pm .60EPS
Amazon.com AMZN 1/28 4pm .75EPS
Arch Coal ACI 1/29 8am .18EPS
Chevron CVX 1/29 8am 1.75EPS
Sohu.com SOHU 2/1 8am .95EPS
Changyou CYOU 2/1 8am .74EPS
Hologic HOLX 2/1 4pm .27EPS
UPS UPS 2/2 8am .76EPS
Massey Energy MEE 2/2 4pm .28EPS
International Paper IP 2/3 8am .24EPS
Pfizer PFE 2/3 8am .50EPS
Broadcom BRCM 2/3 4pm .45EPS
Visa V 2/3 4pm .92EPS
Cisco Systems CSCO 2/3 4pm .35EPS
Chicago Mercantile CME 2/4 8am 3.41EPS
Mastercard MA 2/4 8am 2.50EPS
Beazer Homes BZH 2/5 8am -.90EPS
Exide XIDE 2/5 8am .16EPS
YRC Worldwide YRCW 2/5 8am -1.76EPS
Hartford Financial HIG 2/8 4pm 1.34EPS
Electronic Arts ERTS 2/8 4pm .32EPS
Alpha Natural Resources ANR 2/9 8am .46EPS
CNBC:
Reuters News:
Thursday, January 28, 2010
Monday, January 11, 2010
Market update 01/11/2010 - Free Stock Market Analysis
Here is the latest trading and free market analysis info on the markets and more...
FYI – I have updated the “My Links” page (above on a3holdings.com) with a great collection of trading links, to help you make a more informed investment or trade.
CNBC:
January 11, 2010 -- 16:30 ET
Moving the Market:
Dollar drops against competing currencies. Oil prices surrender early gains. Alcoa brings unofficial beginning of earnings season with its latest quarterly report after the closing bell.
Sector Watch:
Strong:
construction and farming machinery; industrial machinery; trucking; automakers; office electronics; specialty chemicals; industrial REITs
Weak:
coal and consumable fuel; fertilizer and agricultural chemicals; oil and gas drillers; metals and glass; home improvement retailers; internet retailers; health care facilities
Market Events
01/11/2010 16:30 ET Dow +45.80 at 10663.99, Nasdaq -4.76 at 2312.41, S&P +2.00 at 1146.98:
[BRIEFING.COM] Despite lackluster and listless action, stocks were able to advance modestly so that the S&P 500 extended its streak of gains to six straight sessions.
Stocks spent the majority of the session in a sideways drift. Buyers seemed absent, while downside moves were short and shallow due to technical support.
Action throughout the afternoon contrasted with the early going in that stocks had looked like they would make their way broadly higher during the opening minutes. The early move was led by natural resource plays like materials stocks and energy stocks. Both groups were up nearly 1% early on.
Strength among natural resource stocks stemmed from higher commodity prices, which were spurred by a weaker dollar after global participants learned that during December China saw its first increase in exports in more than one year. Though the buck spent the session mired in weakness and logged a 0.6% loss against competing currencies, commodity prices pulled back and left the CRB Commodity Index to lose 0.5%. Materials stocks closed with a 0.2% loss, while energy stocks eked out a 0.1% gain.
Metal mining giant and Dow component Alcoa (AA 17.45, +0.43) showed strength throughout the session, however. Its gains came ahead of its latest quarterly report and teamed up with other blue chips to help the Dow Jones Industrial Average outperform the other headline indices.
The Nasdaq Composite was the only headline index that failed to muster a gain this session. It lagged its counterparts for virtually the entire session, largely as a result of renewed weakness among large-cap tech.
News flow was slow and participants were without many trading cues this session, but the number of headlines aren't expected to pick up for another few days. Alcoa's report this evening marks the unofficial start to earnings season, but announcements don't begin in earnest until next week. Economic data will also remain sparse for a few more days, but Thursday's retail sales report and weekly jobless claims figures will be met with increased interest.
Nasdaq -4.76 at 2312.41... S&P Midcap 400 -0.1... NYSE Adv/Dec 1808/1220... Nasdaq Adv/Dec 1307/1367.
If you find these videos or info to be helpful please Tip or donate - <<<< link on the side >>>>.
We appreciate all donations, please help keep this site free for all to see and profit from. You can also help by checking out the great products and services advertised on this blog or website. Thanks again.
Please Feel free to share this blog with your family and friends, Thanks!
If you would like please comment below.
Weekly & Daily Stock Earnings Calendar:
Company Stock, Earnings Date/Time, Expected EPS
1/7/2010
Apollo Group APOL, 1/7, 4pm, 1.47EPS
1/8/2010
KB Home KBH, 1/8, 8am, -.46EPS
1/11/2010
Alcoa AA, 1/11, 4pm, .08EPS
1/12/2010
Goldman Sachs GS, 1/12, 8am, 5.78EPS
Infosys INFY, 1/12, 8am, .52EPS
KB Home KBH, 1/12, 8am, -.47EPS
Sealy ZZ, 1/12, 4pm, .02EPS
1/14/2010
Intel INTC, 1/14, 4pm, .31EPS
1/15/2010
JP Morgan JPM, 1/15, 8am, .65EPS
1/19/2010
Citigroup C, 1/19, 8am, -.34EPS
UAL UAUA, 1/19, 8am, -1.42EPS
Cree CREE, 1/19, 4pm, .77EPS
IBM IBM, 1/19, 4pm, 3.52EPS
1/20/2010
Bank of America BAC, 1/20, 8am, -.50EPS
Wells Fargo WFC, 1/20, 8am, -.01EPS
Apple Inc AAPL, 1/20, 4pm, 2.10EPS
eBay EBAY, 1/20, 4pm, .42EPS
F5 Networks FFIV, 1/20, 4pm, .50EPS
Starbucks SBUX, 1/20, 4pm, .28EPS
1/21/2010
Fifth Third Bancorp FITB, 1/21, 8am, -.32EPS
Goldman Sachs GS, 1/21, 8am, 5.34EPS
Huntington Bancshares HBAN, 1/21, 8am, -.28EPS
Reuters News:
FYI – I have updated the “My Links” page (above on a3holdings.com) with a great collection of trading links, to help you make a more informed investment or trade.
CNBC:
January 11, 2010 -- 16:30 ET
Moving the Market:
Dollar drops against competing currencies. Oil prices surrender early gains. Alcoa brings unofficial beginning of earnings season with its latest quarterly report after the closing bell.
Sector Watch:
Strong:
construction and farming machinery; industrial machinery; trucking; automakers; office electronics; specialty chemicals; industrial REITs
Weak:
coal and consumable fuel; fertilizer and agricultural chemicals; oil and gas drillers; metals and glass; home improvement retailers; internet retailers; health care facilities
Market Events
01/11/2010 16:30 ET Dow +45.80 at 10663.99, Nasdaq -4.76 at 2312.41, S&P +2.00 at 1146.98:
[BRIEFING.COM] Despite lackluster and listless action, stocks were able to advance modestly so that the S&P 500 extended its streak of gains to six straight sessions.
Stocks spent the majority of the session in a sideways drift. Buyers seemed absent, while downside moves were short and shallow due to technical support.
Action throughout the afternoon contrasted with the early going in that stocks had looked like they would make their way broadly higher during the opening minutes. The early move was led by natural resource plays like materials stocks and energy stocks. Both groups were up nearly 1% early on.
Strength among natural resource stocks stemmed from higher commodity prices, which were spurred by a weaker dollar after global participants learned that during December China saw its first increase in exports in more than one year. Though the buck spent the session mired in weakness and logged a 0.6% loss against competing currencies, commodity prices pulled back and left the CRB Commodity Index to lose 0.5%. Materials stocks closed with a 0.2% loss, while energy stocks eked out a 0.1% gain.
Metal mining giant and Dow component Alcoa (AA 17.45, +0.43) showed strength throughout the session, however. Its gains came ahead of its latest quarterly report and teamed up with other blue chips to help the Dow Jones Industrial Average outperform the other headline indices.
The Nasdaq Composite was the only headline index that failed to muster a gain this session. It lagged its counterparts for virtually the entire session, largely as a result of renewed weakness among large-cap tech.
News flow was slow and participants were without many trading cues this session, but the number of headlines aren't expected to pick up for another few days. Alcoa's report this evening marks the unofficial start to earnings season, but announcements don't begin in earnest until next week. Economic data will also remain sparse for a few more days, but Thursday's retail sales report and weekly jobless claims figures will be met with increased interest.
Nasdaq -4.76 at 2312.41... S&P Midcap 400 -0.1... NYSE Adv/Dec 1808/1220... Nasdaq Adv/Dec 1307/1367.
If you find these videos or info to be helpful please Tip or donate - <<<< link on the side >>>>.
We appreciate all donations, please help keep this site free for all to see and profit from. You can also help by checking out the great products and services advertised on this blog or website. Thanks again.
Please Feel free to share this blog with your family and friends, Thanks!
If you would like please comment below.
Weekly & Daily Stock Earnings Calendar:
Company Stock, Earnings Date/Time, Expected EPS
1/7/2010
Apollo Group APOL, 1/7, 4pm, 1.47EPS
1/8/2010
KB Home KBH, 1/8, 8am, -.46EPS
1/11/2010
Alcoa AA, 1/11, 4pm, .08EPS
1/12/2010
Goldman Sachs GS, 1/12, 8am, 5.78EPS
Infosys INFY, 1/12, 8am, .52EPS
KB Home KBH, 1/12, 8am, -.47EPS
Sealy ZZ, 1/12, 4pm, .02EPS
1/14/2010
Intel INTC, 1/14, 4pm, .31EPS
1/15/2010
JP Morgan JPM, 1/15, 8am, .65EPS
1/19/2010
Citigroup C, 1/19, 8am, -.34EPS
UAL UAUA, 1/19, 8am, -1.42EPS
Cree CREE, 1/19, 4pm, .77EPS
IBM IBM, 1/19, 4pm, 3.52EPS
1/20/2010
Bank of America BAC, 1/20, 8am, -.50EPS
Wells Fargo WFC, 1/20, 8am, -.01EPS
Apple Inc AAPL, 1/20, 4pm, 2.10EPS
eBay EBAY, 1/20, 4pm, .42EPS
F5 Networks FFIV, 1/20, 4pm, .50EPS
Starbucks SBUX, 1/20, 4pm, .28EPS
1/21/2010
Fifth Third Bancorp FITB, 1/21, 8am, -.32EPS
Goldman Sachs GS, 1/21, 8am, 5.34EPS
Huntington Bancshares HBAN, 1/21, 8am, -.28EPS
Reuters News:
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