Energy
US stocks were quietly firm on Wednesday expecting less bad employment data on Friday following the ADP report projecting 42,000 in private sector job growth. Earnings reports were mixed and trading volumes were low. In the news, the IRS announced that it will overhaul its large business and international division in a shift [...]
Energy
US stocks rebounded from a lower open on Tuesday as key technical levels the Dow Industrial Average held on weakness. Then after the close Apple Inc (AAPL) reported better than expected earnings setting the tone for a higher open Wednesday morning. The Senate will soon pass legislation restoring jobless benefits for millions of Americans unable [...]
Energy
US stocks rebounded from a lower open on Tuesday as key technical levels the Dow Industrial Average held on weakness. Then after the close Apple Inc (AAPL) reported better than expected earnings setting the tone for a higher open Wednesday morning. The Senate will soon pass legislation restoring jobless benefits for millions of Americans unable [...]
Energy
Earnings from IBM and Texas Instruments were reported after the close on Monday, but while considered good, were not good enough, which set the tone for this morning’s lower opening for US stocks. Housing Starts declined 5% in June to an annual rate of 549,000, which is no surprise with the NAHB Housing Market Index [...]
The stock market ended last week on a sour note, down over 2.5% on Friday. The downward action of the major indices was disappointing especially after (1) Intel reported one of its best quarters in the last decade earlier in the week, (2) Goldman Sachs reached a much better than expected settlement with the SEC [...]
Yesterday (May 4, 2010), a day in which the Dow Jones Industrials declined by over 200 points, the shares of Global Investor Services, Inc., (OTCBB:GISV) gained by over 40% and closed at $.05.
Global, in 2009 underwent a significant surgery that it was lucky to survive. The company scrapped its high overhead and low gross profit [...]
There is one industry out of the 230, which StockDiagnostics.com’s computer and I follow that is head and shoulders above all health care related industries. It’s the Health Care Facilities and Services Industry. In looking among all of the industries within the Health Care Sector to write this column, I [...]
Written by Dino Romano on
November 26, 2009 – 12:16 pm
The most serious economic downturn since the Great Depression has made it extremely difficult for all but a few publicly held companies to grow their revenue or their top lines. With the lack of revenue growth for 2009, many have relied on layoffs and other cost cutting measures just to maintain their earnings. [...]
Global Investor Services reported a loss of $4.31 million yesterday for its second fiscal quarter ended September 30, 2009. This compared to a loss of $1.91 million for the comparable prior year quarter ended September 30, 2008. With a first glance at the report many would assume that Global’s woes are increasing. However, this not [...]
For the past two days (Friday 10-23-09 and Monday 10-23-09) the index for Dow Jones Industrial 30 composite opened up significantly higher only to trade down by over 100 points from the previous day’s close. This market action indicates that unsuspecting buyers are being lured by the reports of companies exceeding their earnings estimates. This [...]
Written by Richard Suttmeier on
August 5, 2010 – 2:32 pm
