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OPTIONSMART MORNING UPDATE: Plunged on profit-taking

OPTIONSMART MORNING UPDATE: Plunged on profit-taking 1. OUTLOOK: Stocks had been showing moderate weakness ahead of the opening bell, but jumped out to a strong gain in the early going. The market tumbled after influential analyst Ri ...
October 22nd, 2009 at 7:14 am

OPTIONSMART MORNING UPDATE: Dipped on weak data

OPTIONSMART MORNING UPDATE: Dipped on weak data 1. OUTLOOK: Disappointing reports from Coca-Cola and DuPont, a weaker-than-expected housing market report gave the reason to retreat. After the close, Yahoo reported higher earnings and ...
October 21st, 2009 at 8:40 am

OPTIONSMART MORNING UPDATE: Surging on strong earnings

OPTIONSMART MORNING UPDATE: Surging on strong earnings 1. OUTLOOK: Apple beat estimates after the close, thanks to strong sales of Mac computers and iPhones. Shares jumped 9% after hours. Texas Instruments also reported results after ...
October 20th, 2009 at 7:33 am

OPTIONSMART MORNING UPDATE: Sunday Edition

OPTIONSMART MORNING UPDATE: Sunday Edition 1. OUTLOOK: Market players reacted negatively to the latest batch of earnings reports. IBM delivered better-than-expected earnings and even raised its earnings forecast for 2009. However, th ...
October 18th, 2009 at 12:24 pm

OPTIONSMART MORNING UPDATE: Sunday Edition

OPTIONSMART MORNING UPDATE: Sunday Edition 1. OUTLOOK: Market players reacted negatively to the latest batch of earnings reports. IBM delivered better-than-expected earnings and even raised its earnings forecast for 2009. However, th ...
October 17th, 2009 at 11:26 am

OPTIONSMART MORNING UPDATE: Shrugged off negative news

OPTIONSMART MORNING UPDATE: Shrugged off negative news 1. OUTLOOK: Weakness in the financial sector weighed on the broader market for the entire session. The late lift was led by the energy sector. Stifel Nicolaus raised their HPQ ta ...
October 16th, 2009 at 5:18 am

OPTIONSMART MORNING UPDATE: Catalysts needed

OPTIONSMART MORNING UPDATE: Catalysts needed 1. OUTLOOK: Strong earnings from a couple of industry bellwethers pushed the market solidly higher in broad-based fashion. However, more catalysts needed to push broad markets higher. The ...
October 15th, 2009 at 7:52 am

OPTIONSMART MORNING UPDATE: Boosted by Intel

OPTIONSMART MORNING UPDATE: Boosted by Intel 1. OUTLOOK: After the close, Intel reported quarterly sales and earnings that topped estimates. The chipmaker also said it expects gross margins in the 59% to 65% range versus the 56.7% c ...
October 14th, 2009 at 8:36 am

OPTIONSMART MORNING UPDATE: Looking for direction

OPTIONSMART MORNING UPDATE: Looking for direction 1. OUTLOOK: Stocks had posted bigger gains in early trading but lost steam as the session wore on. Cisco, Hewlett-Packard and Dell were among the big tech decliners. The reason is th ...
October 13th, 2009 at 7:35 am

OPTIONSMART MORNING UPDATE: Sunday Edition

OPTIONSMART MORNING UPDATE: Sunday Edition 1. OUTLOOK: OUTLOOK: Unlike recent sessions, the advance came in the face of a stronger U.S. dollar. The run was fueled by Alcoa better-than-expected profit report, a bigger-than-expected dr ...
October 11th, 2009 at 5:51 am