-
Stocks Rebound From 2 Day Drop As The Fed Confirms The End Of QE Is Near
Wednesday, July 9, 2014 - 4:40pm | 2399U.S. stocks rose following the FOMC minutes which stated that the Fed is on track for a final month of tapering in October. The Fed plans to slash $15 billion from its monthly asset purchasing program at that time. “Some committee members had been asked by members of the public whether...
-
Market Wrap For March 4: Bulls Take Over As Ukraine Fears Dissipate
Tuesday, March 4, 2014 - 5:37pm | 2664U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...
-
Top Trending Tickers On StockTwits For March 4
Tuesday, March 4, 2014 - 11:19am | 733Here's a look at the top tickers trending on StockTwits.com. S&P 500 futures: Pre-market boost from calming tensions Investors woke up to news that Russian President Vladimir Putin has ordered troops who took part in a military exercise across central and western Russia back to their bases....
-
Market Wrap For January 2: Markets Begin 2014 on Negative Note
Thursday, January 2, 2014 - 5:45pm | 1461Major indices saw plenty of red during the first trading session of 2014. There were no fundamental reasons for the Dow to suffer a triple digit point loss, along with the S&P 500 and Nasdaq indices ending the day lower. "People are taking profits and seeking bargains," according to Jim...
-
Market Wrap For December 27: Markets Quiet Before Weekend
Friday, December 27, 2013 - 5:23pm | 1347As expected, markets were relatively quiet Friday with no economic data aside from natural gas inventory numbers. Many traders and investors are likely sitting on the sidelines until the new year. Major indices started the day with small gains which were slowly erased throughout the day before...
-
Market Wrap For December 18: Markets Flat During Day One Post Fed Taper
Thursday, December 19, 2013 - 5:47pm | 2272Major indices barely budged Thursday following yesterday's monster rally after the Fed announced it will begin tapering. Overall volume was below average which is typical in the final trading days of the year. Next week will be shortened as investors break for Christmas and a week later for new...
-
Market Wrap For December 3: Markets Finish In The Red For Third Straight Day
Tuesday, December 3, 2013 - 5:49pm | 1989Investors appeared to be nervous going in to yesterday's close, a sentiment which continued at today's open. With little encouraging data coming out of the holiday shopping figures, investors and traders nervously await Friday's Labor Department November jobgs report which could help determine...
-
Market Astrology: The Risk Trade In Rare Earth
Monday, April 30, 2012 - 2:34pm | 605The rare earth companies Molycorp (NYSE: MCP), Avalon Rare Metals (NYSE: AVL), and Rare Element Resources (NYSE: REE) have all sold off heavily in light of the continued export restrictions from China. In December 2011 China cracked down on illegal mining and illegal exports of both the light...
-
Cracker Barrel and Other Stocks Insiders Are Buying
Friday, April 6, 2012 - 6:19am | 1076Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
-
UPDATE: Dahlman Rose Lowers PT on Molycorp to $120
Tuesday, June 21, 2011 - 8:30am | 104Dahlman Rose is out with its report today on Molycorp (NYSE: MCP), maintaining Buy. In a note to clients, Dahlman Rose writes, "We continue to view MCP shares as the best vehicle to participate in the rare earth industry. Even in a much lower rare earth price environment, we believe that the...
-
J.P. Morgan Raises Estimates On Molycorp
Monday, June 20, 2011 - 8:19am | 159According to J.P. Morgan, Molycorp (NYSE: MCP) estimates are raised. J.P. Morgan said that it is establishing a Dec 2012 PT of $105 for MCP (replacing our previous $87 Dec 2011 target) to reflect the continued rise in rare earth prices and our belief that MCP can operate significantly below its...
-
JP Morgan Raises PT On Molycorp To $105
Monday, June 20, 2011 - 6:52am | 26JP Morgan has raised the price target on Molycorp (NYSE: MCP) from $87 to $105 and maintains its Overweight rating.
-
Piper Jaffray Upgrades Molycorp To Overweight, $73 PT
Monday, June 20, 2011 - 6:25am | 25Piper Jaffray has upgraded Molycorp (NYSE: MCP) from Neutral to Overweight and has established a $73 price target.
-
JP Morgan Raises PT On Molycorp To $90
Monday, April 11, 2011 - 7:24am | 26JP Morgan has raised the price target on Molycorp (NYSE: MCP) from $74 to $90 and maintains its Overweight rating.
-
Dahlman Rose Reiterates Buy on Molycorp (MCP)
Tuesday, April 5, 2011 - 8:50am | 98Dahlman Rose is out with its report today on Molycorp (NYSE: MCP), reiterating Buy. In a note to clients, Dahlman Rose writes, "Molycorp announced that it has agreed to purchase AS Silmet, a European based rare earth processor. We anticipate that this will help the company capture the strength in...