Thanks for posting it, I like this view with the charts. Helps with the daily contest play. YY and DSW jump out to me. HDS may be of interest to the larger market.
Nasdaq really holding this market up. IWM and DOWT not showing any strength, but at least they stopped falling.
Good morning Stockaholics! Happy Tuesday to all. Here are your pre-market stock movers & news on this Tuesday morning- 3/14 Tuesday Market Movers & News: DIS, GLW, DGX, DSW, ABT, VRX, ALXN, VZ, RT, FDX, CSX, NSC <-- click there to open! I hope you all have a nice trading day ahead!
What Ackman’s exit means for Valeant http://www.marketwatch.com/story/what-ackmans-exit-means-for-valeant-2017-03-14 Stifel Nicolaus analyst Annabel Samimy said Ackman’s about-face shouldn’t overshadow the importance of Valeant’s refinancing. Samimy rates the company a buy with a $45 price target (shares were valued at $10.70 as of Tuesday morning). “While market inclination is to perceive all developments related to VRX as negative, we think the recent restructuring/refinancing that addressed the most pressing maturities (2018-2020) were an important development,” Samimy said.
Not sure if anyone is still playing these but just posting them here anyway. ERs After Market Close today: ($AKAO $NPTN $ARNA $CLDX $AXAS $PTCT $INFI $RUBI $HTHT $SIEN $TWNK $RST $FOGO $FTD $TRTN $ESTE $EVRI) Spoiler: CLICK HERE FOR THE EARNINGS TIMES & ESTIMATES! ERs Before Market Open tomorrow: ($CXRX $PWE $TWI $CBK $BXE $SITE $ARCO $PPP $HCAP $ACRS $AIMT $EONGY $GTXI $VYGR $OFS $DBVT $VRS $NVLN) Spoiler: CLICK HERE FOR THE EARNINGS TIMES & ESTIMATES!
Can we just have the Fed announcement today? lol I hear there's a chance we might not even get the announcement tomorrow due to the weather (snow). Was it really that bad up there? My folks in Jersey said it was nowhere near as bad as what they were calling for last night.
Not sure how is the weather there, but I haven't heard or read anything about the FED canceling their meeting today due to the weather, so I guess we should get the announcement tomorrow
Barring some crazy action in this final hour of the trading day, we'll make it 105 consecutive trading day w/o a -1% drop. Here is the list of streaks that have gone this far and longer. We're nowhere near the all-time record of 184 trading days which was set in November of 1963. But, if we do make it past 112 trading days (which is just another 7 trading days away from here!) then we'll have matched the the 1985 mark, and if we make it to 8 then that'll be the longest streak w/o a -1% drop since 1966!
Amazing streak indeed At some point some kind of a catalyst gotta end that streak The hawkish FED, the elections in Europe, the delay in repealing Obamacare or the crash in crude prices are the potential catalysts that I can think of right now
Eventually we'll break the streak, it's gotta happen. Maybe people really don't believe the Fed will raise rates because of how they've lied about it in the past? I'm confident that now that we have a Republican administration, they'll actually raise the rates. But I don't know what this means for the market, whether up or down.
rates should be raised tomorrow, i think the initial reaction will be a market rally, but no idea how the market will take it once the initial hype settles down.
