January ended on a sour note but Monday contains bullish promise as a handful of major names including Exxon Mobil and Humana are expected to reveal healthy earnings.
Equity Index ETFs Drop to New Short, Intermediate Term Lows (QQQQ, SPY, DIA) … Top Stock PowerRatings Stocks for Today Include: UIS, FCX, ODP.
Positive news of Bernanke being reconfirmed failed to generate bullish sentiment as Thursday’s session ends in red territory. Honeywell International has analysts awaiting an EPS of 90 cents prior to trading on Friday.
Nasdaq Leads U.S. Markets Higher … Buyers Return to Technology, Financials … Top PowerRatings Stocks for Thursday Include: ODP, TEX, AA.
The FOMC statement sent waves of relief over the stock market as their optimistic tone lifted shares across the board. Thursday will be another huge earnings day with multiple big names, including Ford Motor Company and AT&T reporting prior to the bell.
U.S. Markets Fade After Early Rally … Financials, Materials Pullback … Top Stock PowerRatings Stocks for Today Include: CROX, JNY, HOG … VIX Stretch Above 10-Day Moving Average Shrinks Below 10% … Top ETF PowerRatings Funds for Wednesday Include: RSX, VWO, EPI.
Positive results from the consumer confidence front and housing numbers did not provide enough momentum to stop stocks from pushing lower at the close. On Wednesday, Investors will watch closely as Sun Microsystems and Qualcomm are slated to report earnings after the close.
U.S. Markets Rally from Oversold Extremes to Begin Week … Top Stock PowerRatings Stocks for Tuesday Include: SHLD, WYNN, EXPE … VIX Stretch Above 10-Day Moving Average Remains Extreme Above 25%.
U.S. Markets Begin Week Extremely Oversold … VIX Stretched More than 40% Above 10-Day Moving Average … Top Stock PowerRatings Stocks for Today Include: WYNN, EXPE, AA, PRU, F.
Earnings season is in full swing with several big names reporting Monday. Amgen announces after the close on Monday with a consensus estimate of $1.11/share.