With Monday's extension of the current rally, all but one of the S&P 500 now have market caps over $1 billion. 32 of these are still trading for less than $10 per share. Read More
The contrast between the president's speech today at the GM plant in Lordstown, Ohio, and his speech yesterday on Wall Street could not have been more glaring. Read More
Investors were going gaga for Google (GOOG) five years ago today. In one of the most anticipated IPOs over the past decade, the Internet search company priced nearly 20 million shares at $85 per share, raising $1.7 billion dollars through an auction of its shares. Read More
It’s been an eerily quiet week. Barely any corporate news of note and really only one important story (regulatory reform). It may not mean much of anything. Summer typically ushers in a more tranquil period (though not the last two years) when it comes to news. But I do find myself wondering whether that quiet will last. Read More
With no significant economic data and few earnings reports released today, futures are modestly higher on this quadruple witching Friday. While volume and volatility have continued to be seasonally light, traders expect a little pop at the open on the expiration day of stock and index futures and options. Read More
FedEx's earnings weigh on futures. Federal Express, considered a bellweather for the economy, caused a 6-point drop in stock futures pre-open. Guidance of $0.30-$0.45 for the current (first) quarter is well below expectations of $0.68 due to the runup in jet fuel prices and an "extremely difficult" operating environment. Read More