With liquidity topped off after last weeks extended US holiday, market participants are once again trying to establish the primary, fundamental driver...
The shares of flash-memory maker SanDisk (SNDK: sentiment, chart, options) are inexplicably up more than 20% so far today...(Read More)
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Air travel over the Thanksgiving holiday started smoothly but finished on a sour note thanks to bad weather, the airline research group FlightStats reported on Wednesday.
As we reported in this morning's Opening View, Research In Motion (RIMM: sentiment, chart, options) slashed its third-quarter earnings and sales estimates due to a stronger U.S. dollar and a weakening economy...(Read More)
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While the rest of the market marches into the black, United States Steel Corporation (X: sentiment, chart, options) is lagging in the red this afternoon following news that it plans to temporarily idle 3 plants, which will affect approximately 3,500 workers...(Read More)
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It’s no secret that the service sector is hurting, with unemployment, new orders, and prices dropping, certain industries and exchange traded funds (ETFs) just can’t get a break.
The Institute of Supply Management reported that its index fell to 37.3 in November. ISM is a trade group...
The economic mood turned pretty morbid over the course of the past several days. Collectively investors continue to realize how little they knew six months ago let alone three months ago. Confirmation of recession in the United States along with some of the worst readings on record for manufacturing and now service sector data around the world have served to undermine investor appetite for anything other than dollars and yen. Investors are slowly stopping their search for a solution and
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When it comes to Crocs, Inc. (CROX: sentiment, chart, options), Wall Street is divided into 2 warring factions...(Read More)
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