Here are today's unofficial closing bell levels:
Dow 9,069.29 +188.03 (2.12%)
S&P 500 976.29 +22.22 (2.33%)
Nasdaq 1,973.60 +47.22 (2.45%)
Top Analyst Calls
Amazon.com, Inc. (NASDAQ: AMZN) was a winner. It is buying Zappos.com for its online shoe leadership. This may have telegraph that its earnings are much better than today's estimates. This was up 5% at $93.43 late in the day.
Ford Motor Company (NYSE: F) managed to keep up better than expected earnings. It posted a profit on items, but its normalized operating loss was still better than estimates. Shares were up 10% at $7.02 late in the trading day.
McDonald's Corporation (NYSE: MCD) may have peaked, or at least its recession benefit is looking tired. Its earnings showed some concerns out there that many of the international food operators are seeing. Shares were down almost 5% at $56.00 late in the trading day, a sad notion considering how strong the market was.
Moody's Corporation (NYSE: MCO) was a big loser today with shares down 4% at $25.45 late in the day. Last night came a filing showing that Warren Buffett dumped part of his huge stake and may sell more. The only question is "What took him so long????"
Wynn Resorts Ltd. (NASDAQ: WYNN) had a solid day. It is not just the Macau IPO being planned. Jim Cramer came out mid-day and said he thinks this should be a $70 stock rather than a $45 stock. Shares were up 6.5% at $5.05 late in the day.