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IBM At 68-Month Low After Q4 Report
Wednesday, January 20, 2016 - 11:04am | 81International Business Machines Corp. (NYSE: IBM) shares are trading lower by $7 at $121.11 in Wednesday's session. Despite a Q4 EPS beat of $0.02, the Street is focusing on its revenue shortfall. After a lower open, it found intra-day support at $118 and quickly rallied to $123.20...
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Twitter Makes New All-Time Low
Tuesday, January 19, 2016 - 12:43pm | 113Twitter Inc (NYSE: TWTR) shares are trading lower by $0.60 at $17.34 in Tuesday's session. The issue held up well during pre-market trading even as numerous users experienced connectivity problems on the platform. However, there was a change of heart off the open as the issue opened at its...
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Gold Futures Find Resistance In Familiar Area
Tuesday, January 19, 2016 - 12:23pm | 75Gold futures are trading lower by $5 at $1085.70 per ounce in Tuesday's session. It was moving higher in pre-market trading, but found found resistance in the same area as it had in its previous three sessions. In those sessions, it peaked between $1095.40 and $1097.50. In today's session, it...
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Crude Oil Futures Surrender Gains
Tuesday, January 19, 2016 - 11:52am | 83March Crude Oil futures are trading lower by $0.23 at $30.16 per barrel in Tuesday's session. Around 7:00 a.m. ET, it rallied but found resistance well ahead of Friday's high ($32.13), only reaching $31.36 before turning lower. Based on the March contract, it has surpassed its former...
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S&P 500 Index Futures Trading Higher
Tuesday, January 19, 2016 - 11:40am | 102S&P 500 index futures are trading higher by 19 points at 1894 in Tuesday's session. Off the open, the index retreated from higher levels but found support ahead of Friday's close (1875), only reaching 1878. All of the top 10 components of the index are in the green. Leading the way...
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Blackberry Attempting To End Prolonged Skid
Tuesday, January 19, 2016 - 11:28am | 102Blackberry Ltd (NASDAQ: BBRY) shares are trading lower by a dime at $6.89 in Tuesday's session. The issue has been in a horrible slump since December 30. Since then, it has been lower in 10 of its last 11 sessions. Over that time period, it has declined from $9.35 to under $7. It should...
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Wynn Resorts Higher Despite Market Rout
Friday, January 15, 2016 - 4:12pm | 124Wynn Resorts, Limited (NASDAQ: WYNN) are trading higher by $7.08 at $58.58 in Friday's session. The Street is somewhat relieved by the preliminary Q4 results released earlier in the day. Following a higher open, the issue retreated and found support ahead of Thursday's close ($51.50), only reaching...
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Apple Flirts With Important Technical Level
Friday, January 15, 2016 - 12:12pm | 99Apple Inc. (NASDAQ: AAPL) shares are trading lower by $3.42 at $96.10 in Friday's session. It did manage to bounce off a lower open, but the rallied stalled at $97.50. Since making the high, it went down under $96 and is attempting to find support just above Thursday's low ($95.74),...
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Gold Futures Get A Boost From Market Rout
Friday, January 15, 2016 - 11:48am | 80February Gold futures are trading higher by $14 at $1086.40 per ounce in Friday's session. Nervous investors are moving into the contract as world markets are in turmoil. After a higher open in the after-hours session, it retreated but found support well ahead of Thursday's close ($1073.60), only...
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Crude Oil Under $30
Friday, January 15, 2016 - 11:30am | 74February Crude Oil futures are trading lower by $1.58 at $29.62 in Friday's session. Following a flat open in the after hours session, the contract could not clear Thursday's close ($31.20), only reaching $31.18. The ensuing decline breach the trio of lows near the $30 level, taking the...
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S&P 500 Index Futures Sharply Lower
Friday, January 15, 2016 - 11:25am | 101S&P 500 index futures are trading lower by 41 points at 1873.50 in Friday's session. The index caught a bounce off the lower open when it bottomed at 1860.25 and rallied to 1881. All of the top 10 components of the index are in the red. Leading the way on the downside is Microsoft (...
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Gold Futures Lower
Thursday, January 14, 2016 - 3:02pm | 69February Gold futures are trading lower by $14,30 per ounce at $1072.80 in Thursday's session. After a higher open, the rally stalled just ahead of Wednesday's high ($1095.60), only reaching $1095.40 before turning lower. The ensuing decline has taken the issue beyond Wednesday's...
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Intel Higher Ahead Of Q4 Report
Thursday, January 14, 2016 - 2:53pm | 89Intel Corporation (NASDAQ: INTC) shares are trading higher by $0.50 at $31.41 in Thursday's session. The company will announce Q4 earnings after the close. The Street is estimating EPS of $0.63 with revenues of $14.8 billion. The issue has come down hard from its year-end close of $34.45,...
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Exxon Mobil Sharply Higher
Thursday, January 14, 2016 - 2:19pm | 76Exxon Mobil Corporation (NYSE: XOM) shares are higher by $3.76 at $79.41 in Thursday's session. After a lower open, it continued lower before finding support just above Wednesday's close ($75.65), only reaching $75.80. The ensuing rebound has taken the issue well into the $79 handle. If...
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Tesla Rebounds From Trip Under $200, But Will It Hold?
Thursday, January 14, 2016 - 2:16pm | 549Tesla Motors Inc (NASDAQ: TSLA) shares are trading higher by $5.90 at $206.32 in Thursday's session. While the broad market attempts to stabilize above its Flash Crash low, the same cannot be said for Tesla. On that chaotic day in August, the issue bottomed at $195 and rebounded to end the...