GPS ($28.50) EVENTS(S): 1.Report Comparable Store Sales Thursday May 3rd Prior to the Open. 2.Report fiscal Q1 earnings on May 17th after the close. PRICE ACTION / SENTIMENT: stock has had a massive run this …
Continue reading
Reuters The Commerce Department said on Monday consumer income rose 0.4 percent last month. Analysts had expected a gain of 0.3 percent. After-tax income climbed 0.2 percent in March when accounting for higher prices. Consumer …
Continue reading
MorningWord: 4/30/12: Not a ton going on overnight aside from the strong showing by the Hang Seng up 1.7%, this close which matches the highest levels since mid March can largely be attributed to strong …
Continue reading
Next week’s economic calendar is chock full of goodies. The big ones are the pair of ISM numbers, plus we’ll get our weekly jobless claims, and that all leads up to the All Important™ jobs …
Continue reading3rd Trade Update April 27th, 2012 at 3:20pm: I have gotten a couple questions on this and want to clarify before the 4pm close. The question is what to do with the Short Apr 27th …
Continue reading
Update April 27th, 2012 at 3pm: Please see below under Trade section a second trade structure that is longer duration and almost half the premium of the Put Spread that I bought earlier. Original Post April …
Continue reading
CNBC Gross domestic product expanded at a 2.2 percent annual rate, the Commerce Department said on Friday in its advance estimate, moderating from the fourth quarter’s 3 percent rate. While that was below economists’ expectations …
Continue reading
MorningWord: 4/27/12: We can debate and analyze and pick apart the internals of the market, but at the end of the day, the stock market’s broad resilience throughout the last week has been quite impressive. …
Continue reading
Nice Summary of Expectations From Bloomberg: PREVIEW: Amazon.com 1Q: Watch Margin, Kindle Updates By Brian Welcher April 26 (Bloomberg) — Amazon.com reports 1Q post-mkt. ESTIMATES: ● 1Q EPS (GAAP): 7c (range loss of 16c-EPS 24c) …
Continue reading
Bloomberg U.S. stock futures fell, following a two-day rally in the Standard & Poor’s 500 Index, amid higher- than-forecast jobless claims data and as earnings from United Parcel Service Inc. to Exxon Mobil Corp. missed …
Continue reading