BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Closing Bell: A six-day rally (AIG, REGN, M, MOT, PALM, RIMM)]]>http://www.bloggingstocks.com/2009/11/11/closing-bell-a-six-day-rally-aig-regn-m-mot-palm-rimm/http://www.bloggingstocks.com/2009/11/11/closing-bell-a-six-day-rally-aig-regn-m-mot-palm-rimm/http://www.bloggingstocks.com/2009/11/11/closing-bell-a-six-day-rally-aig-regn-m-mot-palm-rimm/#commentsFiled under: , ,

This was a strange day with a half-participation as bonds and many government offices were closed due to this being the Veterans Day holiday. Stocks were up all day and this works out to be six straight days of a rally in the DJIA. We had no economic news to digest and here are today's unofficial closing bell levels:

Dow: 10,291.10 +44.13 (0.43%)
S &P: 1,098.52, +5.51 (0.50%)
Nasdaq: 2,166.90, +15.82 (0.74%)

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AIG (AIG) could have a key vacancy open at the firm. Its new CEO Benmosche has expressed to its board of directors that he may step down over frustration of working under the government and over salary restrictions. This would not be welcome as he is deemed one of the few who can run that show. A late day memo from the company said he is committed and the press is over pay for those at the company. Shares were 'only' down 0.7% at $37.30 right before the close.


Continue reading Closing Bell: A six-day rally (AIG, REGN, M, MOT, PALM, RIMM)

Closing Bell: A six-day rally (AIG, REGN, M, MOT, PALM, RIMM) originally appeared on BloggingStocks on Wed, 11 Nov 2009 16:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AIGMMOTPALMREGNRIMMWed, 11 Nov 2009 16:05:00 EST<![CDATA[Cramer on BloggingStocks: Investors are rethinking their snap judgments ]]>http://www.bloggingstocks.com/2009/11/10/cramer-on-bloggingstocks-investors-are-rethinking-their-snap-ju/http://www.bloggingstocks.com/2009/11/10/cramer-on-bloggingstocks-investors-are-rethinking-their-snap-ju/http://www.bloggingstocks.com/2009/11/10/cramer-on-bloggingstocks-investors-are-rethinking-their-snap-ju/#commentsFiled under: , , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer says that as numerous stories are mulled over anew, the reasons for selling seem silly.

The lack of important data today forces market participants to revisit stories that got tossed out over the last few weeks simply because of earnings ennui. People are now doubling back to see what they have forgotten, or more important, why they sold certain stocks they most likely shouldn't have.

For example, why did JPMorgan (JPM) (Cramer's Take) go from $47 to $44? Bad loans? Credit quality? No, not really. Nothing like that. Why did Goldman Sachs (GS) (Cramer's Take) go from $192 to the $170s? Some of it was Meredith Whitney, but there is also a sense of entitlement that makes the firm hated, as if somehow it is too much of a pariah to invest in.

Continue reading Cramer on BloggingStocks: Investors are rethinking their snap judgments

Cramer on BloggingStocks: Investors are rethinking their snap judgments originally appeared on BloggingStocks on Tue, 10 Nov 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredjim cramerJimCramernvdawhrTue, 10 Nov 2009 10:00:00 EST<![CDATA[Closing Bell: Unemployment must not be relevant (GE, ACOM, FNM, ZIOP, MOT, NVDA)]]>http://www.bloggingstocks.com/2009/11/06/closing-bell-unemployment-must-not-be-relevant-ge-acom-fnm/http://www.bloggingstocks.com/2009/11/06/closing-bell-unemployment-must-not-be-relevant-ge-acom-fnm/http://www.bloggingstocks.com/2009/11/06/closing-bell-unemployment-must-not-be-relevant-ge-acom-fnm/#commentsFiled under: , ,

Today was a surprise considering the news. There was not great economic news to hang on, particularly considering that the 10.2% unemployment was the worst reading since 1983. As the market did not crater and as it went positive throughout the day, it almost felt as though the 10.2% of the officially unemployed don't matter to the economy as everyone keeps noting the 'lagging indicator' effect. Still, stocks held their own for most of the day and where the real direction for the end of the day bells felt uncertain until the end of the day.

Here are today's unofficial closing bell levels:

Dow 10,023.19 +17.23 (0.17%)
S&P 500 1,069.30 +2.67 (0.25%)
Nasdaq 2,112.44 +7.12 (0.34%)

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Continue reading Closing Bell: Unemployment must not be relevant (GE, ACOM, FNM, ZIOP, MOT, NVDA)

Closing Bell: Unemployment must not be relevant (GE, ACOM, FNM, ZIOP, MOT, NVDA) originally appeared on BloggingStocks on Fri, 06 Nov 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ACOMfeaturedFNMGEMOTNVDAZIOPFri, 06 Nov 2009 16:00:00 EST<![CDATA[Barron's, Citigroup bet on a comeback for Motorola]]>http://www.bloggingstocks.com/2009/11/02/barrons-citigroup-bet-on-a-comeback-for-motorola/http://www.bloggingstocks.com/2009/11/02/barrons-citigroup-bet-on-a-comeback-for-motorola/http://www.bloggingstocks.com/2009/11/02/barrons-citigroup-bet-on-a-comeback-for-motorola/#commentsFiled under: , , , , , , ,

An article in Barron's suggests that Motorola (NYSE: MOT) is on the verge of regaining some of its former mojo. The company recently offered a solid outlook for the remainder of the year, and it could garner new business after debuting two smartphones featuring Google's (NASDAQ: GOOG) Android operating system -- namely, the Droid and the Cliq.

The author cites analyst Ed Snyder of Charter Equity Research, who believes Motorola is on the cusp of "an extended upswing in handsets ... over the next several quarters." Snyder believes that the firm's ailing handset division could achieve break-even results as soon as the second quarter of 2010.

Continue reading Barron's, Citigroup bet on a comeback for Motorola

Barron's, Citigroup bet on a comeback for Motorola originally appeared on BloggingStocks on Mon, 02 Nov 2009 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BarronsCliqDroidGOOGGoogleinthenewsMOTMotorolaoptionsResearch In MotionRIMMtechnical analysisMon, 02 Nov 2009 11:20:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: FCX, MOT, CHK, MON ... ]]>http://www.bloggingstocks.com/2009/10/22/analyst-upgrades-downgrades-and-initiations-fcx-mot-chk-mon/http://www.bloggingstocks.com/2009/10/22/analyst-upgrades-downgrades-and-initiations-fcx-mot-chk-mon/http://www.bloggingstocks.com/2009/10/22/analyst-upgrades-downgrades-and-initiations-fcx-mot-chk-mon/#commentsFiled under: , , , , ,

Analyst upgrades:
  • Deutsche Bank upgraded Freeport McMoRan (NYSE: FCX) to Buy from Hold to reflect the company's better than expected Q3 results and improved volume outlook. Deutsche raised its target on shares to $100 from $72.
  • Thomas Weisel upgraded Motorola (NYSE: MOT) to Overweight from Market Weight and raised its target to $11 from $7 and said they expect Motorola to benefit from several upcoming catalysts that include new Android-based smartphone products and they believe the handset division could break even by year end of 2010.
  • Janney Montgomery upgraded Regal Entertainment (NYSE: RGC) and Cinemark (NYSE: CNK) to Buy from Neutral on expectations both companies will benefit from a strong box office in Q4. The firm has a $14 price target on Regal shares and a $13.50 target on Cinemark shares.
  • Marshall & llsley (NYSE: MI) was upgraded to Neutral from Underweight at JPMorgan.
  • F5 Networks (NASDAQ: FFIV) was upgraded to Neutral from Sell at UBS.
  • William Blair upgraded Lindsay Corporation (NYSE: LNN) to Outperform from Market Perform.

Continue reading Analyst upgrades, downgrades and initiations: FCX, MOT, CHK, MON ...

Analyst upgrades, downgrades and initiations: FCX, MOT, CHK, MON ... originally appeared on BloggingStocks on Thu, 22 Oct 2009 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaukandebrychkcnkeqixfcxffivflirhmainthenewslnnmimonmotorapompwrrgcsapThu, 22 Oct 2009 13:30:00 EST<![CDATA[Cramer on BloggingStocks: Passing on the upside ]]>http://www.bloggingstocks.com/2009/09/21/cramer-on-bloggingstocks-passing-on-the-upside/http://www.bloggingstocks.com/2009/09/21/cramer-on-bloggingstocks-passing-on-the-upside/http://www.bloggingstocks.com/2009/09/21/cramer-on-bloggingstocks-passing-on-the-upside/#commentsFiled under: , , , ,

TheStreet.com's Jim Cramer says the spike in stock prices warrants no buying until prices go lower.

I read a scary book this weekend: the S&P chart book. It was frightening because there weren't more than a handful charts that aren't overextended, and many stocks have reached levels that I didn't like when their companies were doing well. Chart after chart in every business, but especially retail and industrial, have moved up so much that you have to feel like a chump to come in at these levels.

There are almost no stocks with growth prospects that have accidentally high yields anymore. Kimberly-Clark (NYSE: KMB) (Cramer's Take) and Paychex (NASDAQ: PAYX) (Cramer's Take) were the only two that I saw that seemed remotely appealing, and maybe Philip Morris (NYSE: PM) (Cramer's Take).

Continue reading Cramer on BloggingStocks: Passing on the upside

Cramer on BloggingStocks: Passing on the upside originally appeared on BloggingStocks on Mon, 21 Sep 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>amdfeaturedjim cramerJimCramerkmbmotmupayxpmwdcMon, 21 Sep 2009 09:00:00 EST<![CDATA[Closing Bell: Bulls 97, Bears 4 (BBY, CVM, KR, MSO, HD, MOT, S) ]]>http://www.bloggingstocks.com/2009/09/15/closing-bell-bulls-97-bears-4-bby-cvm-kr-mso-hd-mot-s/http://www.bloggingstocks.com/2009/09/15/closing-bell-bulls-97-bears-4-bby-cvm-kr-mso-hd-mot-s/http://www.bloggingstocks.com/2009/09/15/closing-bell-bulls-97-bears-4-bby-cvm-kr-mso-hd-mot-s/#commentsFiled under: , , , ,

Today was another up day and you have to wonder if the woes of the world we all felt a few short months ago are just gone for good. Bernanke said the recession is effectively lower. The inventories are getting low enough that a manufacturing surge could come. And inflationary fears are not scaring traders. If this was a football game, it seems that the bulls keep scoring, and the bears just got a couple accidental safety scores.

Here are today's unofficial closing bell levels:

Dow 9,683.41 +56.61 (0.59%)
S&P 500 1,052.63 +3.29 (0.31%)
Nasdaq 2,102.64 +10.86 (0.52%)

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Continue reading Closing Bell: Bulls 97, Bears 4 (BBY, CVM, KR, MSO, HD, MOT, S)

Closing Bell: Bulls 97, Bears 4 (BBY, CVM, KR, MSO, HD, MOT, S) originally appeared on BloggingStocks on Tue, 15 Sep 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bernankeinventoryrecessionTue, 15 Sep 2009 16:00:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: AA, ETFC, FIATY, MOT, MSFT, POT ...]]>http://www.bloggingstocks.com/2009/09/14/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/14/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/14/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , , ,

Analyst upgrades:

  • Kaufman Bros. upgraded Computer Sciences (NYSE: CSC) and Cognizant (NASDAQ: CTSH) to Buy from Hold on better demand trends as it believes overall enterprise IT spending is turning more positive. The firm raised its target on Computer Sciences to $62 from $54 and on Cognizant to $45 from $42.
  • Citigroup upgraded E-Trade (NASDAQ: ETFC) to Buy from Hold as it believes loan less trends have improved and the company could potentially be acquired. Citi raised its target on shares to $2.30 from $1.50.
  • Auriga upgraded Microsoft (NASDAQ: MSFT) to Buy from Hold as it believes consensus expectations for 2010 are too low, but admits the company's Q1 results could be fairly weak. Auriga believes Microsoft is coming up to its "most powerful product cycle in many years" and raised its price target on shares to $30 from $24.
  • Motorola (NYSE: MOT) was upgraded to Buy from Neutral at UBS.
  • Fidelity Southern (NASDAQ: LION) was upgraded to Neutral from Reduce at SunTrust.
  • Sonoco Products (NYSE: SON) was upgraded to Buy from Neutral at BofA/Merrill.

Continue reading Analyst upgrades, downgrades and initiations: AA, ETFC, FIATY, MOT, MSFT, POT ...

Analyst upgrades, downgrades and initiations: AA, ETFC, FIATY, MOT, MSFT, POT ... originally appeared on BloggingStocks on Mon, 14 Sep 2009 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAAlcoaanalyst upgradesAYEBSXCSCCTSHdowngradesETFCFiatFIATYFSLRinitiationsLION SONMicrosoftMOSMosaicMOTMotorolaMSFTOfficeMaxOMXPOTPotashROSESonocoTRIMon, 14 Sep 2009 11:20:00 EST<![CDATA[Motorola unveils new Google-powered phones as it trys to get back in the game]]>http://www.bloggingstocks.com/2009/09/11/motorola-unveils-new-google-powered-phones-as-it-trys-to-get-bac/http://www.bloggingstocks.com/2009/09/11/motorola-unveils-new-google-powered-phones-as-it-trys-to-get-bac/http://www.bloggingstocks.com/2009/09/11/motorola-unveils-new-google-powered-phones-as-it-trys-to-get-bac/#commentsFiled under: , ,

Motorola Inc. (NYSE: MOT) has seen more turmoil in the past 36 months than most any other maker of wireless telephones. The company, which saw a huge boon to its business in 2004 and 2005 with the RAZR handset, saw the competition trump it in just about every way since 2006, and it really has not had a standout product in that time. It hopes a new handset (of more soon to come) will alleviate that problem.

And, it's trusting Google Inc.'s (NASDAQ: GOOG) Android operating system to help it regain some semblance of wireless mojo. The new Motorola Cliq will run the latest and greatest version of the Android operating system, but will also contain Motorola's "motoblur" software that will attempt to combine social networking, e-mail, instant messaging, and more into every contact in the phone in one central place -- very similar to what Palm Inc. (NASDAQ: PALM) has done with the Pre device released in June.

Continue reading Motorola unveils new Google-powered phones as it trys to get back in the game

Motorola unveils new Google-powered phones as it trys to get back in the game originally appeared on BloggingStocks on Fri, 11 Sep 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsMOTMotoblurMotorolaMotorola androidMotorola CliqFri, 11 Sep 2009 12:30:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: AIG, COH, LMT, MOT, MVL, NOK, RTN ...]]>http://www.bloggingstocks.com/2009/09/01/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/01/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/01/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , ,

Analyst upgrades:

  • Credit Suisse upgraded Motorola (NYSE: MOT) to Outperform from Neutral after the close Monday. The firm believes Motorola's devices segment will approach breakeven in 2010 while operating margins in nonhandset segments will expand, and that a break-up story will reemerge. Credit Suisse raised its target on shares to $9.50 from $7.
  • UBS upgraded BHP Billiton (NYSE: BHP) to Buy from Neutral. The firm cites BHP's leverage to iron ore, coking coal, copper, and oil for its upgrade after raising its commodity price forecasts.
  • Merriman upgraded Walter Energy (NYSE: WLT) to Buy from Neutral to reflect higher met coal price forecasts. The firm believes Chinese demand is strong and has a target range of $66-$72 on the stock.
  • Intersil (NASDAQ: ISIL) was upgraded to Outperform from Perform at Oppenheimer.
  • Coach (NYSE: COH) was upgraded to Buy from Neutral at BofA/Merrill.
  • Lockheed Martin (NYSE: LMT) was upgraded to Buy from Hold at Citigroup.

Continue reading Analyst upgrades, downgrades and initiations: AIG, COH, LMT, MOT, MVL, NOK, RTN ...

Analyst upgrades, downgrades and initiations: AIG, COH, LMT, MOT, MVL, NOK, RTN ... originally appeared on BloggingStocks on Tue, 01 Sep 2009 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AIGanalyst upgradesAXLBHPCGACoachCOGCOHdowngradesFFBCinitiationsISILLHLMTLockheed MartinMDASMOTMotorolaMVLNOKNokiaPLCMRaytheonRTNWLTTue, 01 Sep 2009 11:30:00 EST<![CDATA[Research in Motion Limited and Motorola receive upgrades]]>http://www.bloggingstocks.com/2009/09/01/research-in-motion-limited-and-motorola-receive-upgrades/http://www.bloggingstocks.com/2009/09/01/research-in-motion-limited-and-motorola-receive-upgrades/http://www.bloggingstocks.com/2009/09/01/research-in-motion-limited-and-motorola-receive-upgrades/#commentsFiled under: , , , ,

Bright and early Tuesday morning, Credit Suisse issued upgrades to Motorola (NYSE: MOT) and Research in Motion Limited (NASDAQ: RIMM), lifting both of them from Neutral to Outperform. The brokerage cited a recovery at MOT's mobile-phone division along with growing demand for RIMM's BlackBerry as reasons for the upgrades. In addition, Credit Suisse elevated the price targets on both, upping MOT to $9.50 from $7 and RIMM to $95 from $76.

Credit Suisse did not stop there, issuing downgrades to MOT and RIMM competitors QUALCOMM (NASDAQ: QCOM) and Alcatel-Lucent (NYSE: ALU) from Outperform to Neutral.

Continue reading Research in Motion Limited and Motorola receive upgrades

Research in Motion Limited and Motorola receive upgrades originally appeared on BloggingStocks on Tue, 01 Sep 2009 10:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aludowngradesinthenewsmobile phonesMobilePhonesmotprice targetsPriceTargetsqcomrimmtelephoneupgradesTue, 01 Sep 2009 10:10:00 EST<![CDATA[Earnings highlights: Viacom, Sprint, Revlon, DreamWorks, Conoco, Avon ...]]>http://www.bloggingstocks.com/2009/08/01/earnings-highlights-viacom-sprint-revlon-dreamworks-conoco/http://www.bloggingstocks.com/2009/08/01/earnings-highlights-viacom-sprint-revlon-dreamworks-conoco/http://www.bloggingstocks.com/2009/08/01/earnings-highlights-viacom-sprint-revlon-dreamworks-conoco/#commentsFiled under: , , , , , , , , ,

Here are some highlights from last week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Viacom, Sprint, Revlon, DreamWorks, Conoco, Avon ...

Earnings highlights: Viacom, Sprint, Revlon, DreamWorks, Conoco, Avon ... originally appeared on BloggingStocks on Sat, 01 Aug 2009 08:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AETAetnaAvonAVPConocoPhillipsCOPDreamWorksDWAearningsFirst SolarFSLRJacobs EngineeringJECLas Vegas SandsLVSMOTMotorolaREVRevlonSprint NextelTime WarnerUAUnder ArmourVIAViacomSat, 01 Aug 2009 08:40:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: DIS, CSCO, K, MOT, OMX, RTP ...]]>http://www.bloggingstocks.com/2009/07/31/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/31/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/31/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , ,

Analyst upgrades:

  • Morgan Keegan upgraded Motorola (NYSE: MOT) to Outperform from Market Perform due to the increased visibility of Android-based launches, as well as the stock's valuation.
  • OfficeMax (NYSE: OMX) was upgraded to Buy from Hold by Citigroup, which cited the company's stabilizing sales trend, accelerating share gains, and valuation.
  • Kaufman Bros. upgraded iRobot (NASDAQ: IRBT) to Buy from Hold on valuation.
  • Cancaccord upgraded Rio Tinto (NYSE: RTP) to Buy from Hold citing the turnaround in the aluminum business and its exposure to copper.
  • Wells Fargo upgraded Smith & Nephew (NYSE: SNN) to Market Perform from Underperform.
  • BT Group (NYSE: BT) was upgraded to Neutral from Reduce by Nomura.
  • Societe Generale raised L'Oreal (OTC: LRLCY) to Buy from Sell.
  • Franklin Resources (NYSE: BEN) was upgraded to Buy from Hold by Sandler O'Neill.

Continue reading Analyst upgrades, downgrades and initiations: DIS, CSCO, K, MOT, OMX, RTP ...

Analyst upgrades, downgrades and initiations: DIS, CSCO, K, MOT, OMX, RTP ... originally appeared on BloggingStocks on Fri, 31 Jul 2009 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AFLYYBENBTCCLCECOCiscoCSCODBDISDisneyDNBdowngradesESLRFFIVHAinitiaitonsIRBTKLRLCYLVLTMOTMotorolaNTAPOMXPGHRCLRGSRTPSNNupgradesFri, 31 Jul 2009 11:30:00 EST<![CDATA[Before the bell: Futures higher amid more earnings, ahead of jobless data]]>http://www.bloggingstocks.com/2009/07/30/before-the-bell-futures-higher-amid-more-earnings-ahead-of-job/http://www.bloggingstocks.com/2009/07/30/before-the-bell-futures-higher-amid-more-earnings-ahead-of-job/http://www.bloggingstocks.com/2009/07/30/before-the-bell-futures-higher-amid-more-earnings-ahead-of-job/#commentsFiled under: , , , , , , , , ,

U.S. stock futures climbed higher Thursday morning, indicating stocks may reverse Wednesday's declining trend, as yet another wave of corporate earnings is scheduled for today. Jobless data is also on the docket ahead of the opening bell.

Earnings from some serious heavy weights are scheduled before the market opens, including Exxon Mobil (XOM), Walt Disney Co. (DIS) Motorola (MOT), which reported an unexpected profit, and Dow Chemical (DOW), whose adjusted earnings came in below beat analyst estimates.

Continue reading Before the bell: Futures higher amid more earnings, ahead of jobless data

Before the bell: Futures higher amid more earnings, ahead of jobless data originally appeared on BloggingStocks on Thu, 30 Jul 2009 07:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Thu, 30 Jul 2009 07:45:00 EST<![CDATA[Closing Bell: Roubini saves the day (CIT, STP, MOT, JPM)]]>http://www.bloggingstocks.com/2009/07/16/closing-bell-roubini-saves-the-day-cit-stp-mot-jpm/http://www.bloggingstocks.com/2009/07/16/closing-bell-roubini-saves-the-day-cit-stp-mot-jpm/http://www.bloggingstocks.com/2009/07/16/closing-bell-roubini-saves-the-day-cit-stp-mot-jpm/#commentsFiled under: , , ,

Today's jobless claims data came in strong enough that we would have expected further recovery, but the fears over all this CIT fallout weighed on investors' minds. Hank Paulson took his grilling. Homebuilders even started sounding less negative again. But then came reports that perma-bear Nouriel Roubini was finally throwing in the towel and showing that the recession would end. His report was what helped traders have comfort in buying stocks at the end of the day.

Here are the unofficial closing bell levels:

Dow 8,709.02 +92.81 (1.08%)
S&P 500 940.54 +7.86 (0.84%)
Nasdaq 1,884.66 +21.76 (1.17%)

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Continue reading Closing Bell: Roubini saves the day (CIT, STP, MOT, JPM)

Closing Bell: Roubini saves the day (CIT, STP, MOT, JPM) originally appeared on BloggingStocks on Thu, 16 Jul 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cithank paulsonHankPaulsonhousingroubiniThu, 16 Jul 2009 16:00:00 EST<![CDATA[Analyst calls: RTN, NVDA, ORCL, AXP, MOT, PM, CSCO, QCOM, DRI ...]]>http://www.bloggingstocks.com/2009/07/16/analyst-calls-rtn-nvda-orcl-axp-mot-pm-csco-qcom-dri/http://www.bloggingstocks.com/2009/07/16/analyst-calls-rtn-nvda-orcl-axp-mot-pm-csco-qcom-dri/http://www.bloggingstocks.com/2009/07/16/analyst-calls-rtn-nvda-orcl-axp-mot-pm-csco-qcom-dri/#commentsFiled under: , , , , , , , , ,

Analyst upgrades:
  • Citigroup upgraded Sunoco Logistics (NYSE: SXL) to Buy from Hold on valuation and raised its target on shares to $60 from $56.50. The firm sees better value in Sunoco Logistics than Enbridge Energy Partners (NYSE: EEP), which it downgraded to Hold.
  • BofA/Merrill believes Raytheon (NYSE: RTN) offers the most potential upside in the larget cap defense sector. The firm upgraded shares to Buy from Neutral and has a $62 target on the stock.
  • Roth Capital upgraded Nvidia (NASDAQ: NVDA) to Buy from Hold based on seasonality, multiple product cycles, and valuation. Roth's target remains $15.
  • Oracle (NASDAQ: ORCL) was upgraded to Buy from Hold at Societe Generale.
  • EnerNOC (NASDAQ: ENOC) was upgraded to Outperform from Neutral at RW Baird.
  • American Express (NYSE: AXP) was upgraded to Neutral from Underweight at JP Morgan.

Continue reading Analyst calls: RTN, NVDA, ORCL, AXP, MOT, PM, CSCO, QCOM, DRI ...

Analyst calls: RTN, NVDA, ORCL, AXP, MOT, PM, CSCO, QCOM, DRI ... originally appeared on BloggingStocks on Thu, 16 Jul 2009 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>asmlaxpcerncscodrieepenocesskmxmedxmotnvdaorclpmqcomrtnsgmssxlThu, 16 Jul 2009 11:40:00 EST<![CDATA[Does Motorola really think it has a chance?]]>http://www.bloggingstocks.com/2009/07/02/does-motorola-really-think-it-has-a-chance/http://www.bloggingstocks.com/2009/07/02/does-motorola-really-think-it-has-a-chance/http://www.bloggingstocks.com/2009/07/02/does-motorola-really-think-it-has-a-chance/#commentsFiled under: ,

Motorola Inc. (NYSE: MOT) has been in deep trouble for a while now. For some untold reason, the company placed almost all its growth bets on its wireless division but has not produced a hit handset in years. Nokia Corp. (NYSE: NOK) and Samsung Electronics have been producing and selling all kinds of cutting-edge wireless handsets to carriers all over the world. What has Motorola been up to?

It's still producing handsets, but so many of the designs and marketing strategies have been commodities lately. Meanwhile, Apple Inc. (NASDAQ: AAPL) has taken the mobile crown with the iPhone, and even Palm Inc. (NASDAQ: PALM) has risen from the dead with the new Palm Pre. Motorola was in such bad shape financially that it even suspended the spinoff of its mobile unit last year.

Continue reading Does Motorola really think it has a chance?

Does Motorola really think it has a chance? originally appeared on BloggingStocks on Thu, 02 Jul 2009 13:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Android phonesAppleinthenewsiPhoneMotorolaMotorola AndroidMotorola RAZRPalm PresmartphoneswirelessThu, 02 Jul 2009 13:10:00 EST<![CDATA[Closing Bell: They just don't stay down long (BA, BSX, COP, MOT, SIRI)]]>http://www.bloggingstocks.com/2009/06/23/closing-bell-they-just-dont-stay-down-long-ba-bsx-cop-mot/http://www.bloggingstocks.com/2009/06/23/closing-bell-they-just-dont-stay-down-long-ba-bsx-cop-mot/http://www.bloggingstocks.com/2009/06/23/closing-bell-they-just-dont-stay-down-long-ba-bsx-cop-mot/#commentsFiled under: , , , ,

Equities stabilized today after two relatively large selling waves in equities. It even looks like we only had a 1% trading range in the DJIA from top to bottom today. The housing data might have helped marginally, but that was actually negative data if you dig down into the numbers.

The hope for a return to growth is starting to see a bit of what may be reality setting in now that even Mr. Obama expects double-digit unemployment to become a reality. It seems that the rise in oil actually helped to keep equities higher. Here are today's closing bell levels:

Dow 8,322.46 -16.55 (-0.20%)
S&P 500 894.99 +1.95 (0.22%)
Nasdaq 1,764.92 -1.27 (-0.07%)

Top upgrades and downgrades

Continue reading Closing Bell: They just don't stay down long (BA, BSX, COP, MOT, SIRI)

Closing Bell: They just don't stay down long (BA, BSX, COP, MOT, SIRI) originally appeared on BloggingStocks on Tue, 23 Jun 2009 16:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>djiahousing dataHousingDataunemploymentTue, 23 Jun 2009 16:10:00 EST<![CDATA[Cramer on BloggingStocks: Learning the lessons of Nortel ]]>http://www.bloggingstocks.com/2009/06/22/cramer-on-bloggingstocks-learning-the-lessons-of-nortel/http://www.bloggingstocks.com/2009/06/22/cramer-on-bloggingstocks-learning-the-lessons-of-nortel/http://www.bloggingstocks.com/2009/06/22/cramer-on-bloggingstocks-learning-the-lessons-of-nortel/#commentsFiled under: , , ,

TheStreet.com's Jim Cramer says tech's a tough sector, even if you pick the winners.

Nortel's a reminder that owning tech can be such an incredible losing proposition. For much of the 1990s it was a given that Nortel was going to be the biggest competitor if not the destroyer of Cisco (NASDAQ: CSCO) (Cramer's Take), Motorola (NYSE: MOT) (Cramer's Take) and certainly of Lucent and Alcatel. It seemed to have the inside track on everything that would make the Internet better and faster and more compelling. It was the pin-up for the hottest in communications tech and you had to be long it at all times.

But Nortel became the poster boy for something else in the early 2000s, the sign that I keep on my PC -- "Accounting irregularities equals sell." While Nortel's business, along with all of the network and dot-com-related businesses crashed badly in the wake of Net crash, Nortel was never able to get back in the game because of some accounting irregularities so broad that it brought down all of the executives who ran the company.

Continue reading Cramer on BloggingStocks: Learning the lessons of Nortel

Cramer on BloggingStocks: Learning the lessons of Nortel originally appeared on BloggingStocks on Mon, 22 Jun 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cscofeaturedjim cramerJimCramermotMon, 22 Jun 2009 10:00:00 EST<![CDATA[So many questions: AEO, APC, C, GM, MBI & MSFT]]>http://www.bloggingstocks.com/2009/05/12/so-many-questions-aeo-apc-c-gm-mbi-and-msft/http://www.bloggingstocks.com/2009/05/12/so-many-questions-aeo-apc-c-gm-mbi-and-msft/http://www.bloggingstocks.com/2009/05/12/so-many-questions-aeo-apc-c-gm-mbi-and-msft/#commentsFiled under: , , , , , , , , , , , , , ,

Never mind the bears and bulls or even the pigs and chickens, I think between Wall Street and Washington D.C. the goofs and ghosts are leading the charge.

What I mean by this is that the rationale for certain market activity and advisement makes no sense to me. Maybe we are not recovering from the recession but we are moving into something like a shadow economy, where people look at what is going on in the market and rationalize it after the fact, when all the real energy is in the darkness.

Today American Eagle (NYSE: AEO) was upgraded to Overweight from Equal Weight at Barclays, and Lazard Capital Markets upgraded AEO from hold to buy. Why now, after the stock has run up 65% this year, do they finally wake up and think there might be something here?

Continue reading So many questions: AEO, APC, C, GM, MBI & MSFT

So many questions: AEO, APC, C, GM, MBI & MSFT originally appeared on BloggingStocks on Tue, 12 May 2009 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AEOAPCCcorporate bondsCorporateBondsearningsfeaturedGMMBIMOTMSFTSAPSheldon LiberSheldonLiberTue, 12 May 2009 14:30:00 EST