-
Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
-
Why Gogo Plunged 25 Percent In After Hours Trading Monday
Tuesday, April 29, 2014 - 9:04am | 580If you’re long Gogo (NASDAQ: GOGO) you were shocked to see the stock plunge more than 25 percent after hours Monday. Investors ran as fast as they could once the surprise announcement hit: a telecommunications behemoth will move into Gogo's territory. AT&T (NYSE: T) announced Monday...
-
Market Wrap For April 10: Wednesday's Rally Completely Forgotten
Thursday, April 10, 2014 - 4:33pm | 2616U.S. stocks tumbled as investors and traders showed no intention of allowing Wednesday's bull charge to continue. The Nasdaq index continues to under-perform and notched its worst one day performance since 2011. The decline in the Nasdaq index continues to be fueled by biotech and momentum...
-
Market Wrap For March 13: Bears Come Out Of Hibernation As Dow Suffers Largest Daily Loss Since February 3
Thursday, March 13, 2014 - 4:52pm | 2311U.S. stocks fell as worries piled up over China's economy and further tension in Ukraine. China's combined industrial output growth slowed to 8.6 percent on year in January and February, below a forecast for a 9.5 percent rise and a previous reading of 9.7 percent. The New York Times reported...
-
Top Trending Tickers On StockTwits For March 13
Thursday, March 13, 2014 - 9:43am | 733Here's a look at the top tickers trending on StockTwits.com. Plug Power: Anticipated earnings impress investors This morning, Plug Power (NASDAQ: PLUG) reported its highly anticipated fourth quarter results. The company announced an EPS of -$0.08 in-line with the consensus estimate. Revenue...
-
Earnings Expectations For The Week Of March 10: The Season Winds Down
Sunday, March 9, 2014 - 6:30pm | 899As the earnings season winds down, some the most anticipated quarterly reports this week. Most notably, reports will come from alternative energy companies FuelCell Energy (NASDAQ: FCEL) and Plug Power (NASDAQ: PLUG), retailers American Eagle Outfitters (NYSE: AEO) and Dollar General (NYSE: DG),...
-
Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
-
Top Trending Tickers On StockTwits For March 7
Friday, March 7, 2014 - 11:20am | 664Here's a look at the top tickers trending on StockTwits.com QIHOO 360: Strong earnings and guidance, home page visits a concern Last night, QIHOO 360 (NYSE: QIHU) reported its fourth quarter results. The company announced an EPS of $0.70, beating the consensus estimate of $0.43. Revenue of $...
-
Market Wrap For March 5: Markets Calm Following Tuesday's Massive Rally
Wednesday, March 5, 2014 - 5:40pm | 2368U.S. stocks were little changed on Wednesday as investors found no new catalysts to maintain a bull rally, especially ahead of Friday's employment report and no new major developments arising from the Ukraine/Russia stand-off. The Beige Book, released at 2:00 pm, confirmed what most already...
-
Market Wrap For February 3: Bears In Complete and Absolute Control
Monday, February 3, 2014 - 5:45pm | 2594U.S. stocks continued its losses on an accelerated basis on Monday. Investors are in clear panic mode following a report that U.S manufacturing activity expanded at a slower pace in January. The Dow plunged more than 300 points while the S&P 500 and Nasdaq both fell more than two percent as...
-
Market Wrap For December 18: Markets Surge Following the Fed's Taper Announcement
Wednesday, December 18, 2013 - 5:46pm | 2716After much anticipation and heavily speculation the Federal Reserve announced a $10 billion per month taper. Treasury purchases will be cut to $40 billion per month with MBS purchases cut to $35 billion per month. The Fed's move shouldn't come as a surprise as recent economic data and...
-
Why Gogo's IPO is Struggling to Take Off (GOGO)
Tuesday, June 25, 2013 - 8:17am | 581On Friday, in-flight Wi-Fi provider Gogo (NASDAQ: GOGO) IPO-ed at $17 per share, but in just two trading days the stock has shed more than 16 percent of its value, closing at $14.27 Monday. Why are investors selling the stock after only two days on the market? First, we have to be fair and...