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Like many a good trader the Fast Money gang spotted opportunities amid Wednesday's sell-off. Which stocks are they picking?
Stocks ended off earlier lows but still lost more than 1 percent Wednesday as China, earnings and the dollar's gains clipped the market's momentum after Tuesday's rally.
IBM reported fourth-quarter earnings that topped expectations on Tuesday, but shares fell more than 3 percent—the biggest drag on the Dow. What’s ahead for the firm? Peter Misek, global technology strategist at Canaccord Adams, shared his analysis.
Seems hard-to-please eBay investors are pushing the "Sell It Now" button despite the company's top and bottomline beats for its fourth quarter.
Stocks were down more than 1 percent as China, earnings and the dollar's gains clipped the market's momentum after Tuesday's 1-percent rally.
Tightening credit in China, changes in the US political landscape and ho-hum earnings are presenting a tough slog for investors wondering what to make of trends in 2010.
He said, said she said...Chinese bank official denies banks told to stop lending in January. Global stocks have been down today on widely published reports that Chinese authorities are are finally serious about cooling off the asset (commodity and real estate) bubble that has developed in China.
Stocks retreated Wednesday, after soaring to fresh 15-month highs a day earlier, as some disappointing earnings and the dollar's gains clipped the market's momentum.
Predictably, HMOs are trading up slightly on the Scott Brown victory in Massachusetts, but for the rest of the market its pretty much back to "sell on the earnings news."
Stock index futures were lower Wednesday, indicating a pullback following the biggest gains for stocks since Jan. 4.
Stocks rose to fresh 15-month highs Tuesday, led by health-care stocks as a key Senate-seat vote in Massachusetts today could change the course of health-care reform. Citigroup bounced back after an initial dip on disappointing results.
Great numbers from IBM, but after a big late-day run-up...the stock is selling off to roughly $132 (as of this writing), near its Friday close ($131.78). Not only was topline better than expected, not only was bottomline better than expected, but guidance was raised for 2010 to AT LEAST $11 billion, from prior guidance of $10-$11.
IBM's fourth quarter earnings are a testimony to the transformation this company has undergone over the past decade, and it seems like the strategy will continue to pay dividends.
IBM, eBay and Google are a few tech companies reporting earnings this week, so what’s the outlook for the sector this quarter? Craig Berger, senior semiconductor analyst at FBR Capital Markets and Mark Demos, portfolio manager at Fifth Third Asset Management shared their insights.
IBM reported fourth-quarter sales and earnings that topped expectations, and the computer giant raised its full-year outlook.
The S&P 500 took another pop up late afternoon Tuesday to the highs for the day—and just shy of highs for the year. Traders are citing Intrade, which allows investors (gamblers) to bet on the direction of anything, now giving 84.9 percent odds that Massachusetts Republican State Senator Scott Brown will defeat Democrat Martha Coakley.
With a slew of banks set to report earnings this week, the Fast Money desk is closely watching the action in the financials. Is weakness already priced in?
Among the large corporations reporting quarterly results this week, International Business Machines (IBM) is expected to provide investors with a pulse on IT spending during its fourth-quarter earnings report today after the bell. Here is a look at how IBM shares traded during the most recent earnings reports.
Stocks rallied Tuesday, led by health-care stocks as a key Senate-seat vote in Massachusetts today could change the course of health-care reform. Citigroup bounced back after an initial dip on disappointing results.
Dow component IBM is expected to report quarterly earnings after the bell on Tuesday. The firm added 55 percent to its share price over the past year. What should investors expect from the tech giant? Robert Cihra, analyst at Caris & Company shared his insight.