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.
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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:
Monday, January 11, 2010
Saturday, October 31, 2009
Market update 10/30/09 - 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:
October 30, 2009 -- 16:20 ET
Moving the Market:
Earnings dismissed as participants push against stocks; sellers focus on financials, materials, and energy. Dollar recovers from previous session's slide. Personal income and spending data for September meets expectations.
Sector Watch:
Strong
consumer electronics; photo products
Weak
health care services; broadcasting; diversified financial services; insurance brokers; life and health insurers; diversified metals; publishing and printing
Market Events
10/30/09 16:20 ET Dow -249.85 at 9712.73, Nasdaq -52.44 at 2045.11, S&P -29.92 at 1036.19:
[BRIEFING.COM] The heady gains that followed a better-than-expected GDP headline number in the previous session proved unsustainable as sellers returned to action Friday to send stocks sharply lower. Losses were broad-based as nearly 95% of the issues in the S&P 500 logged losses, which contributed to the worst weekly loss in five months for the broad market measure.
Financials were the worst hit of the major sectors. They had actually helped lead broad-market gains in the previous session, but plummeted to a 4.8% loss this time around. Within the sector, life and health insurers shed 6.1%. Diversified financial services stocks dropped 6.3%.
Materials stocks and energy stocks were also hit hard, however. The two sectors fell 3.8% and 3.5%, respectively. Their case was worsened by the drop in commodities and energy prices amid a stronger dollar, which advanced 0.6% against a basket of foreign currencies. That marked the greenback's sixth gain in seven sessions.
Even integrated oil giant Chevron (CVX 76.54, -1.41) couldn't shake free from sellers, despite posting better-than-expected third quarter earnings of $1.72 per share. Not a single sector in the S&P 500 proved immune to this session's selling effort. In turn, each finished with a loss of at least 1%. That helped take the S&P 500 well below its 50-day moving average of 1052 and hand the stock market its first monthly loss since an 11% monthly drop in February.
There wasn't any immediate cause for this session's decline, though some market watchers point out that stocks have had an increasingly difficult time of climbing higher since making their strong runs in recent months. Others have pointed out that there may be some month-end portfolio rebalancing and window dressing accounting for the recent whipsaw trade.
Nonetheless, the concerted selling effort brought about a spike in volatility. That sent the Volatility Index, often dubbed the Fear Gauge, up 24%, which marks its sharpest single-session spike by percent this year. Moreover, the VIX now stands at its highest level since July. Complementing the spike in the VIX is an elevated put-to-call ratio of 1.2, which is indicative of positioning for downside protection.
The broader market's negative bias this session overshadowed what was generally a solid batch of economic data. Specifically, personal income for September was flat, as expected, and spending fell 0.5%, as expected. That data was already included in the third quarter GDP data that was released Thursday, though.
The October Chicago PMI bounced to 54.2, which bested the 49.0 consensus, but the report was largely ignored.
Nasdaq -52.44 at 2045.11... S&P Midcap 400 -2.8... NYSE Adv/Dec 405/2655... Nasdaq Adv/Dec 494/2191.
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:
10/26
Verizon VZ 10/26 8am
10/27
Under Armour UA 10/27 8am
US Steel X 10/27 8am
Visa V 10/27 8am
Etrade ETFC 10/27 4pm
10/28
Level 3 Communications LVLT 10/28 4pm
10/29
Exxon Mobile XOM 10/29 8am
Motorola MOT 10/29 8am
Procter & Gamble PG 10/29 8am
Sprint S 10/29 8am
Cliffs Natural Resources CLF 10/29 4pm
10/30
NYSE Euronext 10/30 8am
Chevron CVX 10/30 8am
11/02
Cheasapeake Energy CHK 11/02 4pm
Alpha Natural Resources ANR 11/02 8am
James River Coal JRCC 11/02 8am
Mastercard MA 11/02 8am
STEC Inc STEC 11/02 4pm
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:
October 30, 2009 -- 16:20 ET
Moving the Market:
Earnings dismissed as participants push against stocks; sellers focus on financials, materials, and energy. Dollar recovers from previous session's slide. Personal income and spending data for September meets expectations.
Sector Watch:
Strong
consumer electronics; photo products
Weak
health care services; broadcasting; diversified financial services; insurance brokers; life and health insurers; diversified metals; publishing and printing
Market Events
10/30/09 16:20 ET Dow -249.85 at 9712.73, Nasdaq -52.44 at 2045.11, S&P -29.92 at 1036.19:
[BRIEFING.COM] The heady gains that followed a better-than-expected GDP headline number in the previous session proved unsustainable as sellers returned to action Friday to send stocks sharply lower. Losses were broad-based as nearly 95% of the issues in the S&P 500 logged losses, which contributed to the worst weekly loss in five months for the broad market measure.
Financials were the worst hit of the major sectors. They had actually helped lead broad-market gains in the previous session, but plummeted to a 4.8% loss this time around. Within the sector, life and health insurers shed 6.1%. Diversified financial services stocks dropped 6.3%.
Materials stocks and energy stocks were also hit hard, however. The two sectors fell 3.8% and 3.5%, respectively. Their case was worsened by the drop in commodities and energy prices amid a stronger dollar, which advanced 0.6% against a basket of foreign currencies. That marked the greenback's sixth gain in seven sessions.
Even integrated oil giant Chevron (CVX 76.54, -1.41) couldn't shake free from sellers, despite posting better-than-expected third quarter earnings of $1.72 per share. Not a single sector in the S&P 500 proved immune to this session's selling effort. In turn, each finished with a loss of at least 1%. That helped take the S&P 500 well below its 50-day moving average of 1052 and hand the stock market its first monthly loss since an 11% monthly drop in February.
There wasn't any immediate cause for this session's decline, though some market watchers point out that stocks have had an increasingly difficult time of climbing higher since making their strong runs in recent months. Others have pointed out that there may be some month-end portfolio rebalancing and window dressing accounting for the recent whipsaw trade.
Nonetheless, the concerted selling effort brought about a spike in volatility. That sent the Volatility Index, often dubbed the Fear Gauge, up 24%, which marks its sharpest single-session spike by percent this year. Moreover, the VIX now stands at its highest level since July. Complementing the spike in the VIX is an elevated put-to-call ratio of 1.2, which is indicative of positioning for downside protection.
The broader market's negative bias this session overshadowed what was generally a solid batch of economic data. Specifically, personal income for September was flat, as expected, and spending fell 0.5%, as expected. That data was already included in the third quarter GDP data that was released Thursday, though.
The October Chicago PMI bounced to 54.2, which bested the 49.0 consensus, but the report was largely ignored.
Nasdaq -52.44 at 2045.11... S&P Midcap 400 -2.8... NYSE Adv/Dec 405/2655... Nasdaq Adv/Dec 494/2191.
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:
10/26
Verizon VZ 10/26 8am
10/27
Under Armour UA 10/27 8am
US Steel X 10/27 8am
Visa V 10/27 8am
Etrade ETFC 10/27 4pm
10/28
Level 3 Communications LVLT 10/28 4pm
10/29
Exxon Mobile XOM 10/29 8am
Motorola MOT 10/29 8am
Procter & Gamble PG 10/29 8am
Sprint S 10/29 8am
Cliffs Natural Resources CLF 10/29 4pm
10/30
NYSE Euronext 10/30 8am
Chevron CVX 10/30 8am
11/02
Cheasapeake Energy CHK 11/02 4pm
Alpha Natural Resources ANR 11/02 8am
James River Coal JRCC 11/02 8am
Mastercard MA 11/02 8am
STEC Inc STEC 11/02 4pm
Reuters News:
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