Yesterday we talked about the disconnect between the daily drama from the media in Washington (doom and gloom), and what the markets have been communicating (an economic expansion is underway). Today, you might think that connection is happening—the doom and gloom scenario is finally being realized in markets. Probably not.
For perspective: As of the close yesterday, the Nasdaq was....More>>>
Investors like FedEx’s (FDX) earnings. A lot. So much so that they’ve pushed its shares up 10.83% to $159.90 at 1:38 p.m. And if FedEx holds onto that gain it would be its biggest one-day move since Sept. 19, 2002, when it climbed 11.59%.
Christopher Dilts/Bloomberg News
Why the response? RBC’s John Barnes and team write that there’s “no weakness....More>>>
United Continental Holdings Inc. (NYSE: UAL) reported second-quarter 2017 results after markets closed Tuesday afternoon. The airline reported adjusted diluted quarterly earnings per share (EPS) of $2.75 on revenues of $10 billion. In the same period a year ago, United reported EPS of $2.61 on revenues of $9.4 billion. Second-quarter results compare to the consensus estimates for EPS of $2.63 on....More>>>
In my very first MannKind article I offered for my SA readers, I made the following statement:
Wall Street gurus are always smarter than the retail investor that doesn’t do their homework.
I have mentioned several times that MannKind’s (NASDAQ:MNKD) management understands the reality and has done a remarkable job in keeping the company hooked up to a life support....More>>>
When hunting for stocks to buy now, it’s important to remember that just because a stock has enjoyed strong gains doesn’t mean it’s “too late” to add it to your portfolio.
Think about a marquee stock to buy like Apple Inc. (Nasdaq: AAPL). In its first 10 years, AAPL stock rose 150% – not bad. But those who hung on for two more years (to December 1992)....More>>>