Stock Market News

Podcast: Ike Iossif on How the MGCI Indicator Is Giving a Sell Signal - Mike Swanson (05/20/12)

I just did this fascinating interview with Ike Iossif of

Ike interviews many people each week for his website, including myself, and has them categorized by methodology. These people are many of the top thinkers and traders when it comes to the financial markets, such as people like Frank Barbera and Dan Zanger who turned less than $30,000 into millions in less than a year.

Should You Buy Facebook (NASDAQ: FB) Stock? HA!!!!! - Mike Swanson (05/18/12)

Facebook. It is going to start to trade today on the Nasdaq under the symbol FB. It has been the talk of the financial news all week and I have even gotten a few emails about it from people asking if I think they should buy it.

Most of these people remember Google. They remember that back before Google went public there were financial commentators saying that it was overvalued and that they shouldn't buy it. And of course Google went up and became one of the strongest stocks in the market.

Google (NASDAQ: GOOG) Plans New Youtube Moves - Fred Dunsel (05/18/12)

Google Inc. (NASDAQ:GOOG) closed at $605.23 last Friday, marking a 1.4% gain for the week. The stock is currently down 5.8% for the year. After peaking at $651 in mid-April, Google has generally been on a downward trajectory, trading around $592 - $615. The stock has been trending lower after its quarterly numbers showed a decline in advertising rates and other worrisome business trends.

Microsoft (NASDAQ: MSFT) Is Still a Big and Strong Stock! - Fred Dunsel (05/18/12)

Tech giant Microsoft (NASDAQ:MSFT) closed at $31.16 last Friday, eking out a 0.58% gain for the week. For the past three months, Microsoft has been trading around $30 - $32.85. The stock is currently up 19.8% for the year. Microsoft last posted its quarterly earnings on 19 April, when it reported earnings of $5.1 billion or 60 cents per share, above the consensus estimate of 58 cents. Its revenue reached $17.4 billion, up 6% over the previous year.

Zynga (NASDAQ: ZNGA) Shares Have Come Under Pressure - Fred Dunsel (05/17/12)

Online social games company Zynga Inc. (NASDAQ:ZNGA) continued its decline last week, closing at $7.48, which marked a 10.2% drop for the week. On Friday, it also set a new 52-week low of $7.34. After peaking at $14.69 in early March, Zynga has been on a downward trend ever since. In the past three weeks, it has been trading below the $10 level. (Zynga went public last December at the price of $10.)

Apple (NASDSAQ: AAPL) Shares Momentum Fades - Fred Dunsel (05/16/12)

Apple Inc. (NASDAQ:AAPL) closed at $566.71 last Friday, marking a flat performance for the week. The stock has yet to recover from the $600 level, which was last reached in late April. While Apple is still up 40% for the year, it has been on a downward trajectory since the start of May. Recent trends suggest that the stock may continue to consolidate over the next few trading weeks since its recent intra-day high of $618 just after its earnings announcement in April.

Facebook IPO Date is Set - Fred Dunsel (05/15/12)

The Facebook IPO saga continues to seize the public imagination. In fact, many analysts and traders are now speculating that the “jubilation” over the IPO would even outride any negative repercussions in the financial markets from developments in Europe or the JPMorgan Chase’s losses. Meanwhile, Facebook, which is already assured of becoming one of the most valuable companies when it goes public, has been on an intense marketing drive in the run-up to its expected trading launch on NASDAQ on 18 May.

News Circles Itau Unibanco Holding SA (NYSE:ITUB) - Fred Dunsel (05/11/12)

Last Friday, Itau Unibanco Holding SA (NYSE:ITUB), the largest financial conglomerate in the Southern Hemisphere and the world’s 10th largest bank by market value, closed at $14.85, marking a 5.8% drop for the week. Seemingly with no end in sight, the stock has been on the decline after peaking at $21.70 in early March. The stock is also currently down 19% for the year.

FCC Steps In On Sirius XM Radio (NASDAQ: SIRI) - Fred Dunsel (05/10/12)

Sirius XM Radio Inc. (NASDAQ:SIRI) closed at $2.16 last Friday, marking a 2.3% decline for the week. While the stock is currently up 18.7% for the year, it has been trading around $2.14-$2.40 for the past two months. Moreover, after peaking at $2.40 in early April, Sirius Radio has been declining ever since.

JP Morgan (NYSE: JPM) CEO Lobbying Federal Reserve as Stock Drops - Fred Dunsel (05/09/12)

Last week, JPMorgan Chase & Co. (NYSE:JPM) posted a decline of 3.7%, closing at $41.75. This meant that much of the gains for the past six weeks have been erased, although the stock is still up 24.9% for the year. After peaking at $46.27 in late March, JPMorgan has been generally on a downward trajectory, though there had been occasions when it spiked above $44.

Bank of America (NYSE: BAC) Must Stop the Decline - Fred Dunsel (05/08/12)

Bank of America (NYSE:BAC) continued its decline last week, closing at $7.74 on Friday, marking a 6.2% drop for the week. The stock has been on a downward trajectory since peaking at $9.93 in late March. (On the other hand, the stock remains in positive territory for the year, having risen by 41.7% since last December.)

Gree Mountain Coffee Roasters (NASDAQ: GMCR) Under SEC Cloud? - Fred Dunsel (05/08/12)

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) closed at $25.10 last Friday, marking a 47.6% drop for the week. The stock dramatically fell by 48% last Thursday, after Wall Street expressed its loss of confidence when the company cut its outlook and missed sales estimates again. This was the company’s lowest point in about two years, compared to a lifetime high of $115.98 only last September. Its earnings announcement last week gave credence to critics who alleged that the company had been inflating sales and that its high-growth figures were no longer sustainable.

Details on Facebook IPO Emerge - Mike Swanson (05/07/12)

Though Facebook's IPO date has not been made official, analysts and journalists have been saying that the social media giant is aiming for an IPO sometime in May. However, recent events, such as Facebook’s billion-dollar Instagram acquisition or its $550 million patent deal with Microsoft, might have pushed the IPO to June instead, as the company now needs to make more financial disclosures.

Cisco (NASDAQ: CSCO) Earnings Preview - Fred Dunsel (05/07/12)

Networking gear manufacturer Cisco Systems, Inc. (NASDAQ:CSCO), which is reporting its third quarter earnings after the market close on Wednesday (9 May), closed at $19.42 last Friday, marking a 3% drop for the week. The stock has generally been on the decline since peaking at $21.19 in early April. Cisco, which is currently up 4.7% for the year, has a 52-week low of $13.30 and a 52-week high of $21.30.

Analysts Raise Targets for Starbucks (NASDAQ: SBUX) Stock - Fred Dunsel (05/04/12)

Starbucks Corp. (NASDAQ:SBUX) fell 5.3% last Friday to close at $57.43, after the announcement of its second-quarter financial performance. The stock, which has been on an upward trajectory, is currently up 23.6% this year.

While Starbucks increased its net income by 18%, its sales figures showed weakness in parts of Europe. Earnings for the second quarter reached $309.9 million or 40 cents per share, compared to $261.6 million or 34 cents per share a year ago. Revenue rose to $3.2 billion, up from $2.79 billion a year ago.

Do Zynga (NASDAQ: ZNGA) Earnings Point to Facebook Growth Slowdown? - Fred Dunsel (05/03/12)

Online social games provider Zynga Inc. (NASDAQ:ZNGA) fell by 9.5% last Friday to close at $8.52. This also marked a 0.9% drop for the week. Zynga has been on a price decline since peaking at $14.69 in early March. (The stock is currently down 9% for the year.) Zynga’s dismal stock performance came even after it reported better-than-expected first quarter results last week.

Apple (NASDAQ: AAPL) IPhone Sales Are Fueling Stock Rise - Fred Dunsel (05/03/12)

Tech giant Apple (NASDAQ:AAPL) rose above the $600 level last week, closing at $603 on Friday. This was also the company’s best stock performance over the past six weeks. Nonetheless, while last week’s performance represented a 5.2% gain, the stock is still away from the $644 peak achieved in early April. Nonetheless, after announcing a much better than expected second-quarter performance that was primarily boosted by strong iPhone sales, Apple shares soared by 9% last Wednesday. This was also Apple’s biggest one-day gain since November 2008.

Podcast: Investment Author Michael Panzner Gives His Updated Views on the Financial World - Mike Swanson (04/23/12)

I just did this podcast with Michael Panzner, the author of Rules of the Stock Market Jungle, Financial Armageddon, and When Giants Fall. You can get his books at his Amazon author page.

Weely Stock Market Preview: IMF Raises Global Economic Forecasts as US Company Earnings Weaken - Tim Bellamy (04/22/12)

Stocks rose this week in a choppy market, snapping recent reversals, as the International Monetary Fund (IMF) increased its outlook for the global economy but US economic activity seemed to ease.

Podcast: Reggie Middleton On How AAPL Now Has a Market Cap Bigger than All Other Retails Stocks Combined - Mike Swanson (04/20/12)

I did this podcast with Reggie Middleton of

Reggie is a private individual investor who made a fortune in real estate and the financial markets and hired a team of analysts to work for him. He uses that research to discover more profit opportunities and shares it with high net worth clients and institutional investors at his website

Analysts Worry About Apple (NASDAQ: AAPL) "Market Correction" - Fred Dunsel (04/20/12)

Last Friday, Apple (NASDAQ:AAPL) closed at $605.23, continuing a downward trend for the week. The stock fell by 4.5% in the course of last week. After peaking around $643 in early April, Apple has been falling ever since. While the stock is up 49.4% for the year, some are now wondering if Apple has peaked for now. The impression was further reinforced when Apple fell again on Monday this week by 4.15%, marking five consecutive days of decline.

Ebay (NASDAQ: EBAY) Earnings Preview - Fred Dunsel (04/17/12)

Last Friday, eBay closed at $36.12, marking a 1.4% gain for the week. The auction giant will be reporting its first quarter earnings this coming Wednesday (18 April). Over the past month, eBay has traded around $35.41 - $38.08. The stock is currently up 19% for the year.

Earnings Preview for International Business Machines (NYSE: IBM) - Fred Dunsel (04/16/12)

Tech giant IBM (NYSE:IBM) will be reporting its first quarter earnings after the market closes this Tuesday (17 April). This will also be the first quarter under the management of its new CEO Ginny Rometty. Last Friday, IBM closed at $202.80, marking a 1.3% drop for the week. Over the past month, IBM traded around $202 - $210. (The stock is currently up 8.9% for the year.)

Earnings Preview for Intel (NASDAQ: INTC) - Fred Dunsel (04/16/12)

Semiconductor chip maker Intel (NASDAQ:INTC) will be reporting its first quarter earnings after the market closes this Tuesday (17 April). Last Friday, Intel closed at $28.09, marking a somewhat flat performance for the week. Over the past month, Intel traded around $27.45 - $28.50. (The stock is currently up 14.4% for the year.)

Economic Weakness seen at Home and Abroad Dents Investor Sentiment - Tim Bellany (04/15/12)

Last week’s poor employment numbers in the United States set the tone for a market reversal, whilst other economic news here, and from Europe and China, that pointed to a slowing global economy added to weakening investor sentiment.

Google (NASDAQ: GOOG) and JB Hunt Transport Services (NASDAQ: JBHT) Are Stocks To Watch Today - Mike Swanson (04/12/12)

Yesterday we saw a healthy rebound in the stock market as the DOW rallied over eighty points following a steep drop Tuesday, which looked like a classic textbook selling washout. We actually saw the stock market pullback every day this month until it finally turned around yesterday.