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Market Commentary

Markets Down, Oil Over $60 as OPEC Claims Loss of Pricing Control

May 5th, 2015

Market Check-In. Exchanges fell across the board today, but point for point the NASDAQ continued to be hit hardest. The Dow lost over -140 points in trading, and closed the day at 17,928.20. The S&P 500 lost -25 points to close at 2,089.46. The tech-heavy NASDAQ lost a full 1.5% of value and dropped -77 … READ MORE

PlasmaTech Biopharmaceuticals (PTBI) Stock Soars on Soros Stake

May 5th, 2015

Shares of PlasmaTech Biopharmaceuticals Inc. (PTBI) were trading up +1.37 or +47.9 percent to $4.20 per share in Tuesday’s premarket after news that hedge fund manager George Soros had increased his stake in the company. PlasmaTech Biopharmaceuticals stock closed at $2.86, up +0.03 or +1.06 percent in Monday’s regular trading session. Dallas, Texas based PlasmaTech … READ MORE

Energy Markets Watch Intently as Texas Fracking Bill Moves Forward

May 4th, 2015

The Lone Star State’s legislature and executive bodies have moved forward on a pro fracking bill, establishing the ability of state government and state run utilities to have near complete control of regulation of Texas’ quickly growing fracking industry. The bill passed the Texas senate on a more than 3 to 1 margin, with representatives … READ MORE

Cognizant Surges Over the Weekend to Lead Gains on Monday

May 4th, 2015

Market Check-In Between Friday’s rally and today’s hold, markets closed the day steady around 18k. Investors are looking for that to be the summer floor for trading, so days like today are a win in the long run. There was lighter than usual trading today, but all three indexes rose in spite of it. The … READ MORE

Buffett Addresses Shareholders at Annual Berkshire-Hathaway Circus

May 4th, 2015

“Woodstock for Capitalists” was just held in Omaha, NE. Warren Buffett talked with Berkshire-Hathaway investors at the annual shareholder meeting on Saturday, but that wasn’t the only thing going on. Investors were also roaming the meeting floor, sampling Berkshire-owned products, having photos taken with the Geico gecko, and just generally having the fiscal time of … READ MORE

Five Stocks to Watch in May

May 4th, 2015

U.S. stock markets ended the month of April up slightly from March, closing out the month with the Dow Jones Industrial Average declining -74 points on April 29th, and -195 points on April 30th. The Dow was off -64.4 points or -0.4 percent for the month to close at 17,840.52, while the S&P 500 closed … READ MORE

Twitter Turns Laughingstock in a Tough Week for Tech

May 1st, 2015

The Dow ended a slow week with a bang, rallying nearly 200 points on Friday to close the week just over 18k. Earnings were mixed all week, which resulted in a flat market 4 days out of 5. The NASDAQ took the worst of the damage, mostly because tech stocks failed to deliver the promised … READ MORE

Tesla’s Announcement Given Cold Shoulder Despite Broad Rally

May 1st, 2015

The Dow posted a strong, broad-based rally to close the week, and gained 183.54 points to end the day at 18,024.06. The NASDAQ was up 63.97 points to close at 5,005.39, and the S&P 500 closed at 2,108.29 after posting growth of 22.78 points. In overseas trading, markets were generally steady. The Hang Seng bucked … READ MORE

LinkedIn (LNKD) Stock Hammered on Lower Guidance

May 1st, 2015

Shares of LinkedIn Corp. (LNKD) were trading down -52.08 or -20.66 percent to $200.05 per share in this morning’s premarket after the company reported earnings and revenue late yesterday. The company reported earnings that topped analyst estimates for the first quarter, but missed revenue forecasts for the second quarter. In addition, the company cut its … READ MORE

Dow Takes a 200-Point Selloff, Earnings Down Everywhere

April 30th, 2015

Investors everywhere but the oil sector were in a selling mood today, as all 3 major markets fell. The Dow dropped below 18k for the first time in weeks, as lower than expected consumer spending took all of the fun out of earnings reports. The Dow closed the day down -195.01 points to 17,840.52. The … READ MORE

Nokia (NOK) Shares Sell Off on Networks Division Results

April 30th, 2015

Shares of Nokia Corp. (NOK) were trading down -0.54 or -7.21 percent to $6.95 per share in Thursday’s premarket after announcing the company had turned a profit for its first quarter. Nevertheless, a decline in the company’s network division profits disappointed investors this morning leading to the decline in the stock. Nokia stock closed at … READ MORE

The Dow Slows Down as More Earnings Come Out

April 29th, 2015

Markets were down in slower than average trading today. The Dow lost -74.61 points and closed at 18,035.53, hovering around what investors hope is the new 18k floor. The NASDAQ took the biggest hit for the second day running, and lost -31.78 to close at 5,023.64. The S&P 500 fell in line with the Dow, … READ MORE

The Container Store Group, Inc. (TCS) Down on 4th Quarter Earnings Miss

April 29th, 2015

Shares of Coppell, Texas, based The Container Store Group, Inc. (TCS) fell sharply against the backdrop of a generally down day for stocks overall. The Container Store’s stock was down 14.20%, falling $3.08 to close at $18.61, on volume of 3,105,602 shares. Net sales for the company’s fourth quarter came in lower than what analysts … READ MORE

Sluggish Tech Earnings Leave NASDAQ Down as Dow Soars

April 28th, 2015

Markets ended the day mixed, with the Dow and S&P 500 up while the NASDAQ dipped due to lower than expected Q1 tech earnings. The Dow gained 72.17 points in trading today, and closed at 18,110.14. The S&P 500 was up 5.84 points to close at 2,114.76. The NASDAQ fell slightly, losing -4.83 points to … READ MORE

Apple (AAPL) Reports Earnings Up +33 Percent on iPhone Sales, Increases Dividend

April 28th, 2015

Shares of Apple Inc. (AAPL) were trading up +3.38 or +2.55 percent to $136.03 per share in pre-market trading this morning after the company reported better than expected earnings for the company’s second quarter late yesterday. In addition, the company announced it would raise its dividend to shareholders by eleven percent. Apple Inc. stock closed … READ MORE

Dow Takes a Pre-Lunch Dive, Closes Down 40

April 27th, 2015

The Dow never recovered after taking a 10-o’clock dive below yesterday’s close, ending the day down -42.17 points at 18,037.97. The NASDAQ was hit especially hard, as the tech stocks that had been booming almost all ended the day down. The NASDAQ lost -31.84 points to close the day at 5,060.25. The S&P 500 followed … READ MORE

Celladon (CLDN) Stock Pummeled After Negative Trial Results, Downgrade

April 27th, 2015

Shares of Celladon Corp. (CLDN) were down -10.10 or -73.83 percent to $3.56 per share in Monday’s premarket, after news over the weekend that the company’s drug for advanced heart failure had failed to meet primary and secondary endpoints in trials. In addition, due to the news, the stock was downgraded significantly by an analyst. … READ MORE

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