• David Becker

    The technical picture for stocks is a key aspect to return over the next few weeks. While May is coming quickly upon us, many investors will hold off from selling as they wait to determine if the broader markets can breakout to new highs. Investors have been unwilling to purchase stocks at the top end

  • Stocks started the US trading session in the black after experiencing significant volatility at the end of last week due to tensions that are rearing their ugly head in the Emerging Market space. The Argentine currency declined nearly 20% last week, spilling over into equity bourses just as China released a worse than expected PMI

  • Stocks on the American exchanges fluctuated, as market participants reacted to latest developments from Geneva concerning Iran’s nuclear program. In a landmark agreement, the nation of 77 million agreed to limit its uranium enrichment in return for around $7 billion worth of sanctions relief. The European Union said sanctions against the Islamic Republic could be

  • Stocks on the American exchanges tumbled after Federal Reserve officials kept the possibility of a bond taper on the table. The minutes of the October 29-30 FOMC policy meetings revealed the central bank could begin reducing record stimulus sooner than expected, depending on the status of economic recovery. Since November 2008, the central bank has

  • Stocks on the American exchange snapped a five day rally after earnings forecasts were revised for large US-based enterprises. Caterpillar (NYSE:CAT) fell more than 6 percent after the heavy equipment maker posted lower than forecasted quarterly profits, prompting another revision of the company’s full-year forecast. The company cited a prolonged demand drag from the mining

  • Stocks in the US started off on a soft note Wednesday after hitting a new all-time high on the S&P 500 index on Tuesday. Chinese loan demand has pushed banks into a situation where loan growth tripled, creating a potential bubble. Earnings were mixed, as Boeing reported better than expected earnings while Caterpillar reported a

  • Business » Boeing Soars On Top line Gains
    October 24, 2013, 06:16 GMT

    In contrast to Capterpillar’s (NYSE:CAT) dismal report, Boeing (NYSE:BA) , reported what was a stellar third quarter report on Wednesday. Share of Boeing were sent soaring to the upside as the company’s profit rocketed higher by 12 percent per share. Net income for the company rose to $1.51 a share from $1.35 per share in the

  • Business » Caterpillar Crashes on Q3 Weakness
    October 24, 2013, 06:12 GMT

    Shares of Caterpillar(NYSE:CAT) were sent tumbling to the downside on Wednesday morning following a dismal third quarter report in the morning. The well known industrial giant posted a lower-than-expected quarterly profit while cutting its full-year forecast yet again. Weak demand from mining customers continued to hurt the earnings on the company. Caterpillar, the world’s largest

  • Strong earnings reports from Google (NASDAQ:GOOG) and General Electric (NYSE:GE) helped lift US stocks, which continued their upward momentum. Stocks were also supported after China’s economic growth accelerated at its fastest pace this year, according to quarterly GDP data from the National Bureau of Statistics. Google soared 13.8 percent to surpass $1,000 a share for

  • US stocks moved lower on Wednesday as market participants continue to absorb a plethora of earnings data.  On Wednesday both Boeing (NYSE:BA) and Caterpillar (NYSE:CAT) released earnings that showed a divergence.  Mining activity and new exploration hurt Caterpillar while better than expected consumer demand buoyed Boeings earnings.  After the bell, on Tuesday, Apple Inc. (NASDAQ:AAPL) ,