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Intel (INTC) Bullish Strategy Into Earnings

(Editors Note: We received this from John Voorheis, Keene on the Market, mid-day today before INTC’s earnings after the close today.  Enjoy). Intel Corporation (Nasdaq: INTC, 31.97) is scheduled to report earnings after the closing bell on Tuesday.  Consensus analyst forecast $14.45 Billion of revenue with  EPS of $0.65 (last quarter’s EPS beat by nearly […]

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Stocks Slide on FED Worries

from the XPound Blog team Market Update 11/20/13 Stock market averages gave up midday gains and finished in the red Wednesday.  Earnings results were mixed.  JC Penney (JCP) rose 8.3 percent and Deere (DE) added 2.1 percent in the wake of their respective profit reports. Home improvement retailer Lowe’s (LOW) saw a 6.2 percent post-earnings […]

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Going For The Green

from OptionsXpress Equity Team    xpound newsletter@optionsXpress Market Update November 13, 2013 Stock market averages slid in morning trading, but reversed the losses and are heading higher late-Wednesday. Some of the retailers are seeing relative strength after Macy’s (M) added 9.5 percent on the heels of the company’s latest profit report. Canadian Solar (CSIQ), SINA and MagicJak […]

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Late-Day Weakness After Fed Decision

From xpoundnewsletter@optionsxpress.com Stock market averages slumped in afternoon trading Wednesday after the Federal Reserve concluded its latest meeting and signaled no changes to monetary policy. The decision (or non-decision) had been widely expected and the S&P 500 was up 4.5% in October, new record highs, ahead of the announcement. The modest afternoon decline is possibly […]

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Wall Street Rallies Ahead of House Vote

Market Update – October 16, 2013 from optionsXpress Stock market averages opened higher and closed with solid gains Wednesday. Hopes for a deal to extend the debt ceiling and restore government funding helped set the table for the morning strength after the House and Senate prepared to vote on a bill to end the recent […]

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Bull Stampede

Market Update from OptionsXpress Stock market averages rallied at the open, extended the gains through midday, and then closed near session highs Thursday. The focus was again on politics and investors are seeming to grow more optimistic that lawmakers will soon agree to raise the debt ceiling rather than run the risk of a messy […]