Yesterday we passed the earnings season midpoint and now ~60% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far... Read More
Following are the week’s biggest winners and losers. Find out why shares of Freeport-McMoRan and AK Steel popped while AIG and Monsanto dropped. Read More
Both the Dow and S&P closed higher on Thursday ending a four-day losing streak after stronger-than-expected retail data boosted economic recovery hopes. Read More
As investors debate whether the stock market gains are sustainable, Barry Knapp, Barclays Capital Managing Director, believes that it is time to be very selective with stocks. Read More
The recovery trade continues today. Cyclicals are notably outperforming more defensive names once again, with the Morgan Stanley Cyclical Index is up 3 percent, while the Morgan Stanley Consumer Index is up just 0.75 percent. This extends the recent trend that has taken place during the current summer rally. 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
Shares of AcerlorMittal and AK Steel closed lower after rival US Steel reported its second consecutive quarterly loss on Tuesday. What's the trade? Read More