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Market Commentary

Q1 Earnings Reports Drive the Market This Week

April 24th, 2015

Trading this week has been mixed, with hot and cold spots in the market due to the release of Q1 earnings reports. Reporting season tends to magnify the successes and failures of each company, putting a bigger spotlight on the winners and losers. That all boils down to flat trading — with some sectors rising … READ MORE

NASDAQ Up Big on Tech Earnings

April 24th, 2015

Markets were up today in the wake of further Q1 earnings reports. The tech sector lead the way, which drove the NASDAQ up 36.03 points to close at 5,092.09. The Dow gained 21.45 points, and closed out the trading day at 18,080.14. The S&P 500 posted a gain of 4.74 points to close at 2,117.69. … READ MORE

Amazon.com (AMZN) Stock Up +12 Percent on Earnings, AWS Results

April 24th, 2015

Shares of Amazon.com Inc. (AMZN) were trading up +48.73 or +12.34 percent to $439.15 per share in Friday’s premarket after announcing better than expected earnings yesterday after the market close. The sharp rise in the stock was in large part due to the disclosure of Amazon Web Services financial results. Amazon.com stock closed at $389.99, … READ MORE

Markets Flat Amidst Mixed Earnings

April 23rd, 2015

Markets were flat despite a slightly higher than average trading volume today, the likely culprit being the slew of mixed earnings reports being released. The Dow was up as high as 80 points early this afternoon, but a selloff late in the day pushed it back to a 20.42 point gain, to close at 18,058.69. … READ MORE

Polaris Industries (PII) Stock Soars After Timbersled Acquisition, Earnings

April 23rd, 2015

Shares of Polaris Industries (PII) were trading up +7.02 or +4.98 percent to $148.00 per share in Thursday’s premarket after news late yesterday that the company would be acquiring privately held Timbersled Products. The company also released better than expected earnings for the company’s first quarter. Polaris Industries stock closed at $140.98, up +2.37 or … READ MORE

Stocks Up as More Q1 Earnings Released

April 22nd, 2015

In trading today, all three major markets were up as companies continued to report their Q1 earnings to shareholders and Wall Street. The Dow rose 88.68 points to close at 18,038.27. The NASDAQ was up 21.07 points to 5,035.17. The S&P 500 lead in real gains, growing 0.51%, or 10.67 points, to close the day … READ MORE

Harley-Davidson, Inc. (HOG) Falls on Lower Shipment Forecast

April 22nd, 2015

Shares of Milwaukee, Wisconsin, based Harley-Davidson, Inc. (HOG) fell on Tuesday against the backdrop of a mixed day in stocks overall. The stock lost $6.05 per share, down 9.79% to close at 55.72 on volume of 15,471,892 shares. The company has forecast lower shipments for 2015 as a result of aggressive discounting from foreign competitors, … READ MORE

Tech Buoys NASDAQ Up 20 Despite Falling Markets

April 21st, 2015

Despite falling markets today, the NASDAQ managed to make money. The exchange was up 20 points on the day, while the Dow and S&P 500 both fell as Q1 earnings reports continued to be released. The Dow dropped -85.34 and fell through the 18k ceiling again, ending the day at 17,949.59. The S&P 500 also … READ MORE

Mylan N.V. (MYL) Receives Unsolicited $82 Per Share Bid From Teva Pharmaceutical Industries Ltd.

April 21st, 2015

Shares of Mylan N.V. (MYL) were trading up +5.55 or +8.16 percent to $73.60 in Tuesday’s premarket after news that it was a potential takeover target for Teva Pharmaceutical Industries Ltd. (TEVA). Mylan stock closed at $68.04, down -1.77 or -2.54 percent in Monday’s regular trading session. Cecil Township, Pennsylvania based Mylan N.V. is the … READ MORE

Dow Up 210 as Markets Recover From Disastrous Friday

April 20th, 2015

Monday saw markets recover from Friday’s downturn and post modest gains. The Dow was up 208.63 points to close at 18,034.93, and the NASDAQ posted a gain of 62.78 points to end the trading day at 4,994.60. The S&P 500 rose by 19.22 points to close at 2,100.40. In overseas trading, Germany’s DAX recovered from … READ MORE

Comcast (CMCSA) and Time Warner Cable to Meet with Justice Department This Week

April 20th, 2015

Shares of Comcast Corporation (CMCSA) were up +0.66 or +1.13 percent to $59.08 per share in Monday’s premarket after news over the weekend that the company, along with Time Warner Cable (TWC) would meet with the Justice Department to discuss their merger this Wednesday. Comcast Corp. stock closed at $58.42, down -1.25 or -2.09 percent … READ MORE

Flat Week for the Markets Ends with Big Friday Losses

April 17th, 2015

Trading this week was mixed, but it ended on a big down note as markets across the world plummeted on Friday. The Dow had closed above 18k every day, with the exception of the end of the week. It opened Monday at 18,052.32 and closed on Friday at 17,826.30 for a -226.02 loss on the … READ MORE

Dow Drops 280, Markets Down Across the World

April 17th, 2015

The Dow started the trading day down 200 and could not recover from there, as stock markets across the world fell today. The story was much the same for the NASDAQ and S&P 500, which both stumbled out of the gate and never bounced back. The Dow closed down -279.47 points, ending the day at … READ MORE

Etsy (ETSY) Shares Up +88 Percent After Initial Public Offering

April 17th, 2015

Shares of Etsy Inc. (ETSY) were down -1.00 or -3.33 percent to $29.00 per share in Friday’s premarket after the stock soared +88 percent in its first day as a publicly traded company. The stock almost doubled its initial offering price of $16 per share in yesterday’s regular trading session closing at $30 per share … READ MORE

Markets End the Day Down After a Promising Afternoon

April 16th, 2015

Markets closed down today after a mid-morning rally put all three major exchanges in the black. At the very end of the trading day, the floor fell out and all of the gains turned to losses. The Dow closed down slightly at 18,105.77, losing -6.84 points on the day. The NASDAQ and S&P 500 followed … READ MORE

Netflix (NFLX) Stock Soars on Earnings, Analyst Upgrades

April 16th, 2015

Shares of Netflix Inc. (NFLX) were trading up +62.54 or +13.14 percent to $538.00 per share in Thursday’s premarket trading after the company announced better than expected earnings after the bell yesterday. In addition, the stock is reacting to FBR & Company analyst, Barton Crockett’s price target of $900 per share. Netflix stock closed at … READ MORE

Markets Up on Oil Rise to $56

April 15th, 2015

All three major markets ended the day up, with the NASDAQ leading the way in real gains at 0.68%. The Dow added 75.91 points to close at 18,112.61, peeking its head through the 18k ceiling again. The NASDAQ gained 33.73 points and closed at 5,011.02. The S&P 500 was up 10.79 points and closed at … READ MORE

Avon Products, Inc. (AVP) Up on Possible Sale of North American Operations

April 15th, 2015

Shares of New York, NY, based Avon Products, Inc. (AVP) rose on Tuesday, against the backdrop of a mixed day in stocks overall. Avon’s stock was up $1.14 per share, rising 14.23% to close at 9.15 on volume of 33,439,524 shares. It’s been reported that the company is “exploring strategic alternatives”, including the possible sale … READ MORE

Tech Keeps the NASDAQ Low, Dow and S&P Up Slightly

April 14th, 2015

Markets were mixed in lighter than usual trading today. The NASDAQ ended the day at 4,977.29 and closed down -10.96 points. The Dow was up 59.66 points as the market continued to sluggishly push against the 18k ceiling that’s been in effect this quarter. The S&P 500 was also up, adding another 3.41 points to … READ MORE

Alcatel-Lucent (ALU) and Nokia Confirm Merger Talks

April 14th, 2015

Shares of Alcatel-Lucent S.A. (ALU) were trading up +0.27 or +6.21 percent to $4.62 per share in Tuesday’s premarket after both Alcatel-Lucent and Nokia (NOK) confirmed that the companies were in advance talks for the takeover of Alcatel by Nokia. Alcatel-Lucent stock closed at $4.35, up +0.31 or +7.67 percent in Monday’s regular trading session. … READ MORE