Market Alert: Could Weak Business Spending Drag Down Oracle (ORCL)?
| The market moved lower at the open this morning as investors grow more cautious about the strength of an economic recovery. The market is extending its losses after weakening Tuesday following a disappointing reading on consumer confidence. The Commerce Department said orders for items expected to last at least three years increased 1 percent last month, matching economists' expectations. This is the second advance in three months for durable goods orders and is a hopeful sign for the manufacturing sector, which has helped lead the early stages of the fledgling economic recovery. The Commerce Department also reported sales of new homes fell 3.6 percent to a seasonally adjusted annual rate of 402,000 from a downwardly revised 417,000 in August. Economists had expected a pace of 440,000. It was the first decline since March. Oil prices fell below $79 a barrel amid mixed signals about the strength of the U.S. economic recovery and the dollar's gains against other major currencies. Sectors starting the day out strong include railroads, general merchandisers and gas utilities while education services, homebuilding, coal & consumable fuel and electronic manufacturing services are down. JPMorgan (JPM) bullish on emerging markets, Blackstone (BX) seeks to cut Hilton debt, Apollo (APOL) faces probe, Gasoline prices set to rise, Interview with Chairman of Rogers Holdings Jim Rogers, investment strategies, market outlook, insight on the economy, world & national news, and more. CLICK HERE for the latest reports from the Bloomberg Finance newsroom. What Do Investors Need to Know About Stocks Reporting Earnings This Week? Earnings Season Part 1: The Essential Strategies, Tactics, Insights, And Trade Ideas Needed To Play These Stocks...What’s going on with big oil and which oil companies are reporting earnings this week? Why are stock brokerage companies looking bright right now and which stock in this sector is about to report earnings? With several high-dividend utility stocks reporting earnings this week why should investors take a closer look at this sector? Click Here for these articles, along with trade ideas for Chevron Corp. (CVX), E*Trade Financial (EFTC), and Dominion (D). Stocks Covered In Today’s NewsBites… Ford Motor Company (F), Oracle Corp (ORCL), Apollo Group Inc (APOL), Dreamworks Animation SKG Inc (DWA) and Owens Corning Inc (OC). Along with the latest on each of these stocks you will find a hedged trade designed to make money no matter which way the stock goes. Click on one of the tickers to see why our analysts think you should know about these stocks. Other stocks we are watching include McGraw Hill Companies Inc (MHP), Carters Inc (CRI), GAFISA SA (GFA), Allied Irish Banks PLC (AIB), SAP AG (SAP), D R Horton Inc (DHI), Total System Services (TSS), ITT Educational Services Inc (ESI), ABB Ltd (ABB) and ValueClick Inc (VCLK), expect to see what we found on these before the end of trading today. Today’s News Leaders… International Paper Co (IP), Arcelor Mittal (MT), WellPoint Health Networks (WLP), Hess Corporation (HES) and Apollo Group Inc (APOL) top the lists of companies with news today. Click on one of the tickers to see what the news is all about. Analyst Favorites… Our exclusive Analysts Favorite stock list looks at thousands of possibilities to identify trades with the highest return and lowest relative risk. Today’s list has trades with up to 35% targeted return and up to 24% downside protection. General Electric Company (GE), UnitedHealth Group (UNH), LM Ericsson Telephone Company (ERIC), Schlumberger Ltd (SLB) and Applied Materials Inc (AMAT). Click on one of the tickers to find out the details on these stocks. Select ETFs and HOLDRs… Our exclusive Select ETF and and HOLDRs list scans the market to identify hedged trades on ETFs and HOLDRs with the highest return and lowest relative risk. Today’s list has trades with up to 46% targeted return and up to 28% downside protection. Here are some of the ETFs and HOLDRs covered today: iShares Russell 2000 Index Fund (IWM), United States Oil Fund LP (USO), Semiconductor HOLDRS Trust (SMH), SPDR S&P Homebuilders (XHB) and Materials Select Sector (XLB). Click on one of the tickers to find out the details on these stocks. Tip of the day… Don't be scared. Decide where you want to go with your portfolio and develop a plan to get you there. Then stick to your plan. Don’t try to chase results. You won't get any candy, just lots of brokerage fees. |
No comments:
Post a Comment