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
At the end of September, we looked at analysts' price targets for the S&P 500 to see which stocks had the greatest expected gains in the months ahead. So far, 3 out of the October 1 top 5 and 6 out of the top 10 are trading to the upside. Here is the current list of 15 stocks expected to pop (and another 15 expected to drop). Read More
Six secondary offerings price, but IPOs still look iffy. HUGE offerings of IPOs and secondaries still waiting. 6 secondaries priced this morning, and the good news is every single one of them is trading above the secondary pricing at midday. Read More
On Friday, July 24th, the S&P 500’s 100-day moving average overtook its 200-day moving average, an event known to Wall Street technicians as a Golden Cross (a shorter-term average crossing a longer-term one, from below to above). A month ago, we saw another Golden Cross, when the 50-day average moved above the 200-day average. Read More
The quarterly reports for the big banks were terrible across the board, but stocks are up because the psychology and the method of valuing bank stocks have changed, said Richard Bove, financial strategist at Rochdale Securities. Read More
On a week where the US markets continued to stall with all major indexes negative for the week with quadruple witching, bank regulation, a sell off in energy, the markets await the Fed meeting next week closing mixed for the day on Friday. Read More