by | Jan 31, 2011 | Towing
Even the most bullish traders figure the market needs to pull back at some point before making new highs. Considering this week’s round of earnings and economic data — and the sketchy situation in Egypt — the sessions ahead s…
by | Jan 28, 2011 | Towing
Stocks fell sharply Friday as investors fled to safety amid disappointing economic data, mixed corporate earnings reports and escalating violence in Egypt. A soft start for equities only got worse as the day progressed. [Vide…
by | Jan 24, 2011 | Towing
Traders will be reading between the State of the Union’s lines to see what Obama’s new approach means for business and the market. And given stocks’ steady rise for the past eight weeks, profit-taking and choppy action should b…
by | Jan 21, 2011 | Towing
Better-than-expected earnings from General Electric helped lift the Dow and S&P 500. The Nasdaq closed lower after disappointing results from chipmaker Advanced Micro Devices. Overall, the week’s strong earnings bode well for c…
by | Jan 18, 2011 | Towing
Apple, BofA, Morgan Stanley, IBM, GE, Goldman and Google are among the names reporting this week. And if last week’s numbers are any guide, the market should have plenty of reasons to rally — especially because expectations ar…