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Tag: Kenny Polcari

Why Fourth-Quarter Earnings Are Likely to Look Great [Video]

by on Jan.10, 2011, under Towing

Fourth-quarter 2010 earnings

Once again, profit reports are expected to be a tale of strong growth, thanks more to cost cuts than revenue gains. And perhaps even more telling, fourth-quarter 2010 earnings are competing with downright dismal reports for the year-earlier period. [Video]

Continue reading Why Fourth-Quarter Earnings Are Likely to Look Great [Video]

Why Fourth-Quarter Earnings Are Likely to Look Great [Video] originally appeared on DailyFinance on Mon, 10 Jan 2011 07:00:00.

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Bank Stocks and Jobs Data Weigh on Market

by on Jan.07, 2011, under Towing

This week was all about jobs reports, and after December’s employment numbers fell short of expectations, stocks ended the first week of trading in 2011 on a down note. Kenny Polcari, managing director at ICAP Corporates explains from the New York Stock Exchange.

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Bank Stocks and Jobs Data Weigh on Market originally appeared on DailyFinance on Fri, 07 Jan 2011 16:25:00.

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Does the Stock Market Need to ‘Take a Breather’?

by on Dec.13, 2010, under Towing

Resting stock trader

Traders face plenty of economic news this week, and considering how much the market has risen, it could be time for a bit of a pullback. But at least one trader thinks that’s just what’s needed to create a base for further gains ahead. [Video]

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Does the Stock Market Need to ‘Take a Breather’? originally appeared on DailyFinance on Mon, 13 Dec 2010 06:30:00.

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Market Ends Week at More Than Two-Year High

by on Dec.10, 2010, under Towing

The markets ended the week on a high note with encouraging economic news, a surprise jump in consumer sentiment and a drop in the trade deficit, among other things. Is the Fed’s latest round of stimulus working?

Continue reading Market Ends Week at More Than Two-Year High

Market Ends Week at More Than Two-Year High originally appeared on DailyFinance on Fri, 10 Dec 2010 16:30:00.

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Stocks May Be Ready to Catch Their Breath

by on Nov.08, 2010, under Towing

Stock market outlook

Stocks don’t move in a straight line, and a relatively light week of earnings reports and economic data should give the market a much-needed break after the major indexes have run up to two-year highs. But long-term, the direction still looks upward [VIDEO].

Continue reading Stocks May Be Ready to Catch Their Breath

Stocks May Be Ready to Catch Their Breath originally appeared on DailyFinance on Mon, 08 Nov 2010 06:30:00.

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