Chinese Internet Portals and Google (GOOG)
Just as companies have recently tended to trade lower when Google (GOOG) announces that it is moving in on their turf, it should come as no surprise that Chinese internet portals (led by BIDU) have rallied in the last two days following Google's announ...
Baidu Hits The Resistance Wall Again
Google's (GOOG) announcement that it was considering pulling out of the Chinese market helped boost shares of Baidu (BIDU) by nearly 15% this morning. As shown in the chart below, today's gap broke a downtrend that had been in place since late November...
Alcoa (AA) Follows the Script
Prior to Alcoa's (AA) earnings report on Monday after the close, we highlighted that the stock typically trades down during regular trading hours (9:30AM-4PM) on the first day following its earnings reports. We noted that this pattern of going down fro...
Most Overbought and Oversold Stocks
The S&P 1500 is currently trading well above its 50-day moving average, and 84% of the stocks in the index are above their 50-days. But some stocks are trading at extremely overbought levels. There are 25 stocks in the index currently trading more than...
Alcoa (AA) Earnings
Alcoa (AA) reports after the close today, and we used the Bespoke Interactive Earnings Report Database to see how the stock typically trades in reaction to its quarterly release. Alcoa is a stock that reports after the close, so we use its price change...
Most and Least Volatile Stocks on Earnings
The fourth quarter earnings season starts on Monday with Alcoa's (AA) report after the close. Prior to each earnings season, we highlight the stocks that have historically had the biggest and smallest one-day reactions to their earnings reports. To do ...
Google Struggling on High Volume
Ever since the release of their Nexus One phone, Google's (GOOG) stock price has really struggled. And it has struggled on very high volume. As shown below, the stock is quickly approaching its 50-day moving average, so it will need to hold that suppor...
Retail Stock Performance
The S&P 500 Retail group is up nicely since both the March 9th lows and the start of the shopping season in November. Below we highlight the performance of the 30 stocks in the group over both time frames. Since the start of November, Sears Holdings (S...
A Billion Dollar Day for Eddie Lampert?
Sears Holdings raised guidance by quite a bit this morning, and the stock is currently up $13.63 in pre-market trading. As the majority owner of SHLD shares, Eddie Lampert stands to make a fortune today. As of their last filing, Lampert's firm owned 66...
GOOG Largest Negative Reversal Since June
After hitting a new 52-week high in the early minutes of trading, shares of GOOG have been under pressure over concerns regarding lower margins due to the Nexus One phone launch as well as Baidu's (BIDU) announcement that it will create an online video...
Best and Worst Starts to the New Year
After three days of trading to start the new year, the average stock in the S&P 500 is up 2.14%. Below we highlight the 30 best and worst performing stocks in the index so far in 2010. As shown, WYNN is up the most with a gain of 15.15%, followed by GN...
Goldman Sachs (GS) Breaks Free From the “Whitney Effect”
For much of the last two years, the last three words that a CEO of a financial firm could stand to hear in reference to their stock was, "Whitney lowers forecasts." Today, it appeared to be more of the same when Whitney's firm lowered Q4 EPS forecasts ...
