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Analysis and Opinion » Earnings Drive Stocks; Momentum Investors Slow to ReboundDavid Becker - April 15, 2014, 11:57 GMT
The heart of the earnings season has begun and investors are absorbing earnings from some of the largest companies in the S&P 500 index. Two of the three largest banks to already post earnings notched up results that were better than expected. Today, Coca Cola (NYSE:KO) reported results that were right in line with analysts’
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The market selloff over the past couple of trading session has been sharp, with the Nasdaq losing 4% and the broader S&P 500 index declining 2.5%. Momentum stocks have faced an even bigger challenge as the IBB bio-tech ETF ((NASDAQ:IBB) lost nearly 19% since reaching its high in late February. With all the selling, it’s
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Analysis and Opinion » Momentum Stocks Bounce; ECB Rate Decision LoomsDavid Becker - March 31, 2014, 13:27 GMT
Stocks have started the last day of the first quarter on a positive note, and social media titan Facebook (NASDAQ:FB) seems to have found support. Momentum stocks have been under significant pressure over the past two weeks, as investors look for a new leadership to drive prices higher. Facebook has been one of the leaders
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Business » Momentum names such as Facebook are the markets tellFinances - March 25, 2014, 13:56 GMT
Momentum names will be the major tell to investors despite this morning’s rally that has led stocks to a positive start out of the gate. The stocks that led the market higher over the past 6-months such as Facebook, Salesforce.com and Telsa have been under pressure for more than a week and are now facing
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Stocks started the Friday trading session on a positive note, after Hewlett Packard notched up better than expected earnings. The S&P 500 index edged toward an all-time high on the open, while the Nasdaq continued its impressive run. Facebook shares continued to grind higher notching up an all-time high despite paying more than 16-billion dollars
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Analysis and Opinion » Stocks Surge Higher; Manufacturing Continues to Show WeaknessFebruary 20, 2014, 21:22 GMT
Stocks began the Thursday trading session nearly unchanged as investors pondered the decline on Wednesday. Facebook (NASDAQ:FB) announced a blockbuster deals to purchase a messaging company for nearly 16 billion dollars. Tesla notched up solid earning and gave strong guidance which drove the stock price higher, while economic data showed that inflation is still tame
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Analysis and Opinion » Stocks Close Higher on Solid GDP Report; Facebook Surges 14%January 30, 2014, 21:16 GMT
Stocks in the US started the trading session on a positive note on the heels of better than expected earnings from Visa and social media giant Facebook. Q4 GDP came in as expected at 3.2%, with consumption coming in near 3.3%. A sharp decline in government spending reduced the overall growth numbers. Jobless claims were
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Analysis and Opinion » Stocks Notch Up Losses for a Third Consecutive SessionDecember 12, 2013, 21:18 GMT
Stocks started the trading session nearly unchanged after falling nearly 1% on Wednesday. Facebook (NASDAQ:FB) gave the S&P 500 index a boost as it was announced that the social media giant would be joining both the S&P 500 and the S&P 100 index. Jobless claims came out softer than expected, relieving some of the tension
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Technology » Facebook Inc (FB) Vs. Intel Corporation (INTC): Which Would You Buy ?Constantinos Philippides - December 10, 2013, 22:31 GMT
Like to root for the underdog? One Forbes contributor has an unlikely recommendation instead of Facebook Inc (FB). Right now Facebook Inc (NASDAQ:FB) is all the rage on Wall Street, rising more than 3% today. Meanwhile, Intel Corporation (NASDAQ:INTC) , is now down less than 1%. The two companies have similar market capitalization of around $22
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US stocks fell after an intraday rally sent the Standard & Poor’s 500 Index to 1,800 for the first time. The tumble came as market participants look ahead to an active newswire, headlined by the October FOMC meeting minutes and manufacturing PMI. Some investors put on the brakes amid growing concern the stock market is
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