BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Dow Closes Above 12,000]]>http://www.bloggingstocks.com/2011/02/02/dow-closes-above-12-000/http://www.bloggingstocks.com/2011/02/02/dow-closes-above-12-000/http://www.bloggingstocks.com/2011/02/02/dow-closes-above-12-000/#commentsFiled under: , , , , , , ,

Despite the turmoil in the Middle East, the market powered to a 30-month high, closing above 12,000 Tuesday. The key driver was a slew of strong earnings reports. The last time we saw Dow 12,000 was on June 19, 2008. Across the board, the major averages were strong. The Dow climbed 148.23 to 12,040.16, S & P 500 rose 21.47 to 1307.59, and the NASDAQ surged 51.11 to 2751.19, as reported in the Wall Street Journal.

Here are just a few stocks that moved the Dow higher:

  • Pfizer (PFE) rose $1.00 to $19.22. Fourth-quarter profit tripled from a year ago.

Continue reading Dow Closes Above 12,000

Dow Closes Above 12,000 originally appeared on BloggingStocks on Wed, 02 Feb 2011 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>admArcher Daniels MidlandBaidubiduDow Jones recordearningsfeaturedinthenewslxkManufacturing indexNasdaqpfepfizerUnited ParcelupsWed, 02 Feb 2011 08:30:00 EST<![CDATA[Two Quarterly Reports: Electronic Arts and Pfizer]]>http://www.bloggingstocks.com/2011/02/01/two-quarterly-reports-electronic-arts-and-pfizer/http://www.bloggingstocks.com/2011/02/01/two-quarterly-reports-electronic-arts-and-pfizer/http://www.bloggingstocks.com/2011/02/01/two-quarterly-reports-electronic-arts-and-pfizer/#commentsFiled under: , , ,

I'm now going to take a brief look at two stocks that were affected by earnings releases earlier today. The two companies are a study in completely different business models: one sells video games, the other sells drugs. Then again, video games are a drug to some, so maybe they aren't so different?

First up: Electronic Arts (ERTS). EA wasn't exciting during the regular session. It closed up fractionally to $15.62; volume was strong, though. And after looking at the extended-hours reaction to the earnings report that was released following the ringing of the bell, it might be understandable why so many players were intent on getting in on the stock.

Continue reading Two Quarterly Reports: Electronic Arts and Pfizer

Two Quarterly Reports: Electronic Arts and Pfizer originally appeared on BloggingStocks on Tue, 01 Feb 2011 17:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>electronic artsElectronic Arts earningsERTSinthenewsJNJjohnson and johnsonPFEpfizerPfizer earningsTue, 01 Feb 2011 17:00:00 EST<![CDATA[Closing Bell: February Starts As Bullish Month (PFE, EGPT, OREX, UPS, ENTG)]]>http://www.bloggingstocks.com/2011/02/01/closing-bell-february-starts-as-bullish-month-pfe-egpt-orex/http://www.bloggingstocks.com/2011/02/01/closing-bell-february-starts-as-bullish-month-pfe-egpt-orex/http://www.bloggingstocks.com/2011/02/01/closing-bell-february-starts-as-bullish-month-pfe-egpt-orex/#commentsFiled under: ,

More inflationary data in the economics and earnings reports matter not at the current time. Less unrest in Egypt, or a lack of escalating unrest, helped out as well. Better than expected auto sales also managed to come through despite awful weather for much of the month in many key markets. All in all, Tuesday was just another strong day for the market and it marked a positive start for the month of February. We got a close above S&P 1300 today!

Here were Tuesday's unofficial closing bell levels:

Dow Jones 12,040.16 +148.23 (1.25%)
S&P 500 1,307.59 +21.47 (1.67%)
Nasdaq 2,751.19 +51.11 (1.89%)

Top Analyst Upgrades & Downgrades

Continue reading Closing Bell: February Starts As Bullish Month (PFE, EGPT, OREX, UPS, ENTG)

Closing Bell: February Starts As Bullish Month (PFE, EGPT, OREX, UPS, ENTG) originally appeared on BloggingStocks on Tue, 01 Feb 2011 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ENTGOREXPFEUPSTue, 01 Feb 2011 16:00:00 EST<![CDATA[Week in Preview: January Employment Data, UPS Earnings and More]]>http://www.bloggingstocks.com/2011/01/30/week-in-preview-january-employment-data-ups-earnings-and-more/http://www.bloggingstocks.com/2011/01/30/week-in-preview-january-employment-data-ups-earnings-and-more/http://www.bloggingstocks.com/2011/01/30/week-in-preview-january-employment-data-ups-earnings-and-more/#commentsFiled under: , , , , ,

earnings expectationsFriday's fourth-quarter GDP numbers offered more evidence that the economy is picking up steam, but one of the biggest obstacles to the recovery remains the stubbornly high unemployment rate. We'll find out whether there's been any movement on that front when employment data for January comes out this week. The Challenger Job-Cut report and ADP employment data are due Wednesday, and the government's unemployment rate on Friday. Another mild increase in jobs is expected, in line with the three-month average, but not enough to significantly reduce the unemployment rate.

Also look for the ISM manufacturing and nonmanufacturing indexes this week, as well as the Chicago PMI and the New York NAPM index. And Fed Chairman Ben Bernanke will speak to the National Press Club on Thursday.

Continue reading Week in Preview: January Employment Data, UPS Earnings and More

Week in Preview: January Employment Data, UPS Earnings and More originally appeared on BloggingStocks on Sun, 30 Jan 2011 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADMADP employment reportAETanalyst forecastsBen BernankeBPBRCMChallenger Job CutsChicago PMICLXCoinstarCoinstar earningsDODOWearnings previewseconomic dataELERTSfeaturedGRHOTHSYISM Manufacturing IndexKLas Vegas SandsLas Vegas Sands earningsMAMRKMRONew York NAPMNVLSNYTPFERAISNETMTSNTWXunemployment rateUnited Parcel ServiceUPSUPS earningsUPS rate increaseVWHRYUMSun, 30 Jan 2011 12:30:00 EST<![CDATA[Analyst Calls: ADM, BX, BZH, CMA, DLTR, MRK, NE, PFE, X ...]]>http://www.bloggingstocks.com/2011/01/19/analyst-calls/http://www.bloggingstocks.com/2011/01/19/analyst-calls/http://www.bloggingstocks.com/2011/01/19/analyst-calls/#commentsFiled under: , , , , , , ,

Analyst Upgrades

  • Large Cap Pharmaceuticals sector upgraded to Overweight at Wells Fargo.
  • Archer Daniels (ADM) upgraded to Outperform from Neutral at Credit Suisse.
  • Cypress Semi (CY) upgraded to Buy from Neutral at UBS.
  • MFA Financial (MFA) upgraded to Buy from Hold at Jefferies.
  • Blackstone (BX) upgraded to Buy from Hold at Jefferies.
  • Comerica (CMA) upgraded to Hold from Sell at Citigroup.
  • Dollar Tree (DLTR) upgraded to Overweight from Equal Weight at Morgan Stanley.
  • NuVasive (NUVA) upgraded to Outperform from Market Perform at Leerink.
  • Cogdell Spencer (CSA) upgraded to Buy from Hold at Jefferies.
  • Hersha Hospitality (HT) upgraded to Hold from Underperform at Jefferies.
  • G&K Services (GKSR) upgraded to Outperform from Neutral at RW Baird.
  • Graham Packaging (GRM) upgraded to Buy from Neutral at Goldman.
  • Shaw (SJR) upgraded to Neutral from Underperform at BofA/Merrill.

Continue reading Analyst Calls: ADM, BX, BZH, CMA, DLTR, MRK, NE, PFE, X ...

Analyst Calls: ADM, BX, BZH, CMA, DLTR, MRK, NE, PFE, X ... originally appeared on BloggingStocks on Wed, 19 Jan 2011 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>admanalyst upgradesavavbllbxcmacotcsadltrdowngradesftntgksrgrmhthtsinthenewsmfamigmobinenlynuvsofcpfepldsjrtrgpunfWed, 19 Jan 2011 15:00:00 EST<![CDATA[Barron's Forecasts 10% Higher Stock Market in 2011]]>http://www.bloggingstocks.com/2011/01/03/barrons-forecasts-10-higher-stock-market-in-2011-hold-for-symb/http://www.bloggingstocks.com/2011/01/03/barrons-forecasts-10-higher-stock-market-in-2011-hold-for-symb/http://www.bloggingstocks.com/2011/01/03/barrons-forecasts-10-higher-stock-market-in-2011-hold-for-symb/#commentsFiled under: , , , , , ,

Barron's is forecasting a 10% rise in stock prices in 2011 led by big cap stocks. They argue that the big caps have lagged the market for the past decade and are now poised to take the lead, as reported by CNBC.com.

Here are their top ten picks for this year: Exxon Mobil (XOM), Walmart (WMT), Pfizer (PFE), JPMorgan Chase (JPM), General Motors (GM), Cisco Systems (CSCO), United Continental Holdings (UAL), Barrack Gold (ABX), Entergy (ETR), and PepsiCo (PEP).

Continue reading Barron's Forecasts 10% Higher Stock Market in 2011

Barron's Forecasts 10% Higher Stock Market in 2011 originally appeared on BloggingStocks on Mon, 03 Jan 2011 16:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Barrons picks big cap stocksblue chip stocksCiscoCSCOExxon MobilfeaturedGeneral MotorsGMinthenewsJPMJPMorganPEPPepsicoPFEPfizerUALWalmartWMTXOMMon, 03 Jan 2011 16:30:00 EST<![CDATA[Closing Bell: Sideways Monday Goes Red (AAPL, BGP, BKS, CBRX, MCP, PFE, GLD, STP)]]>http://www.bloggingstocks.com/2010/12/06/closing-bell-sideways-monday-goes-red-aapl-bgp-bks-cbrx-mc/http://www.bloggingstocks.com/2010/12/06/closing-bell-sideways-monday-goes-red-aapl-bgp-bks-cbrx-mc/http://www.bloggingstocks.com/2010/12/06/closing-bell-sideways-monday-goes-red-aapl-bgp-bks-cbrx-mc/#commentsFiled under: , ,

Ben Bernanke's explanation and defense, or lack thereof to many, about his version of QE2, managed to dominate many key themes today. Gold was hitting fresh highs and European woes were discounted again. We are seeing the risk trade come in full force, although many of the sectors were soft. Late-day selling in the DJIA and S&P500 made for a close in the red, but this was close to red and black for most of the afternoon session after a fairly weak open.

Here are today's unofficial closing bell levels:

Dow Jones 11,362.19 -19.90 (-0.17%)
S&P 500 1,223.12 -1.59 (-0.13%)
Nasdaq 2,594.92 +3.46 (0.13%)

Top Analyst Calls

Continue reading Closing Bell: Sideways Monday Goes Red (AAPL, BGP, BKS, CBRX, MCP, PFE, GLD, STP)

Closing Bell: Sideways Monday Goes Red (AAPL, BGP, BKS, CBRX, MCP, PFE, GLD, STP) originally appeared on BloggingStocks on Mon, 06 Dec 2010 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLBKSCBRXGLDMCPPFESTPMon, 06 Dec 2010 16:00:00 EST<![CDATA[Analyst Calls: C, CHK, EBAY, KMB, MRK, NSRGY, PFE, RIMM, SNDA, VRA ...]]>http://www.bloggingstocks.com/2010/11/30/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/11/30/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/11/30/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , , ,

Analyst Upgrades

  • Research In Motion (RIMM) to buy from hold at Jefferies.
  • Citigroup (C) to buy from hold at ISI Group.
  • Integrated Silicon (ISSI) to buy from hold at Auriga.
  • Kinross Gold (KGC) to outperform from neutral at Credit Suisse.

Continue reading Analyst Calls: C, CHK, EBAY, KMB, MRK, NSRGY, PFE, RIMM, SNDA, VRA ...

Analyst Calls: C, CHK, EBAY, KMB, MRK, NSRGY, PFE, RIMM, SNDA, VRA ... originally appeared on BloggingStocks on Tue, 30 Nov 2010 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst upgradesBBRGBravo BrioCCELLChesapeakeCHKCIMCitigroupdowngradesEBAYIARTinitiationsinthenewsISSIKGCKimberly ClarkKinross GoldKMBMerckMKTXMRKNestleNSRGYPFEPfizerResearch In MotionRIMRIMMShandaSNDAVera BradleyVRATue, 30 Nov 2010 11:00:00 EST<![CDATA[Election Day Trades (MRK, PFE, WLP)]]>http://www.bloggingstocks.com/2010/11/02/election-day-trades-mrk-pfe-wlp/http://www.bloggingstocks.com/2010/11/02/election-day-trades-mrk-pfe-wlp/http://www.bloggingstocks.com/2010/11/02/election-day-trades-mrk-pfe-wlp/#commentsFiled under: , , , ,

Today is election day. Currently, intrade.com is projecting a 97% chance that the Republicans will take control of the House of Representatives and a 48% chance that they will win the Senate. What could a landslide win for the Republican Party mean for the stock market?

Some observers are suggesting that gridlock in Washington, along with a more business friendly atmosphere, could be a catalyst for stock prices to rise. This, however, is offset by concerns about cuts in government spending. The private economy is sputtering, and near-term spending cuts could have a detrimental effect on the recovery. Therefore, instead of focusing on the broader market, investors may want to look at some specific sectors that may benefit from a Republican victory.

Three interesting areas are oil services, financials, and healthcare. The thinking is that some of the regulatory headwinds facing these sectors may be lifted if the political atmosphere in Washington D.C. changes. Some observers believe that a Republican-led House of Representatives will be able to chip away at some of the Obamacare legislation. This should benefit large pharmaceutical companies such as Merck (MRK) and Pfizer (PFE).

Continue reading Election Day Trades (MRK, PFE, WLP)

Election Day Trades (MRK, PFE, WLP) originally appeared on BloggingStocks on Tue, 02 Nov 2010 14:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BACDOGSinthenewsJPMMRKPFERIGUNHWLPTue, 02 Nov 2010 14:50:00 EST<![CDATA[Pfizer's Q3 Earnings Fall 70% on Charges]]>http://www.bloggingstocks.com/2010/11/02/pfizers-q3-earnings-fall-70-on-charges/http://www.bloggingstocks.com/2010/11/02/pfizers-q3-earnings-fall-70-on-charges/http://www.bloggingstocks.com/2010/11/02/pfizers-q3-earnings-fall-70-on-charges/#commentsFiled under: ,

Pharmaceutical firm Pfizer (PFE) announced third-quarter earnings this morning, reporting that large charges pulled its profit 70% lower than a year ago. The pfunnily spelled pfarmaceutical pfirm reported that net income came in at $866 million, or 11 cents per share, down from $2.88 billion, or 43 cents per share, a year ago.

Taking one-time items out of the equation, Pfizer earned $4.37 billion, or 54 cents per share, topping the consensus estimate by three cents.

Continue reading Pfizer's Q3 Earnings Fall 70% on Charges

Pfizer's Q3 Earnings Fall 70% on Charges originally appeared on BloggingStocks on Tue, 02 Nov 2010 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredinthenewsPFEPfizerpharmaceutical stockspharmaceuticalstechnical analysisTue, 02 Nov 2010 09:30:00 EST<![CDATA[Analyst Calls: AMD, COL, EL, GILD, HAL, INTC, PFE, SLB, SPLS ...]]>http://www.bloggingstocks.com/2010/11/01/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/11/01/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/11/01/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , , ,

Analyst Upgrades

  • Macquarie upgraded Intel (INTC) to outperform from neutral and Advanced Micro (AMD) to neutral from underperform.
  • Pfizer (PFE) was upgraded to outperform from market perform at Bernstein.
  • Capstead Mortgage (CMO) was upgraded to outperform from market perform at FBR Capital.
  • Oppenheimer upgraded Halliburton (HAL) to outperform from perform.
  • Gilead (GILD) was upgraded to outperform from sector perform at RBC Capital.
  • Skilled Healthcare (SKH) was upgraded to outperform from market perform at JMP Securities.
  • Citigroup upgraded CapitalSource (CSE) to buy from hold.

Continue reading Analyst Calls: AMD, COL, EL, GILD, HAL, INTC, PFE, SLB, SPLS ...

Analyst Calls: AMD, COL, EL, GILD, HAL, INTC, PFE, SLB, SPLS ... originally appeared on BloggingStocks on Mon, 01 Nov 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst upgradesANHAnworth MortgageARTArtio GlobalAUDCCal DiveCapitalSourceCapstead MortgageCiti TrendsCLPCMOCOLCRRCSECTRNdowngradesDVRELEstee LauderFMCFTIGILDGileadHALHalliburtoninitiationsINTINTCIntelinthenewsPFEPfizerRockwell CollinsSATCSatcomSchlumbergerSKHSLBSPLSStaplesWTSMon, 01 Nov 2010 11:30:00 EST<![CDATA[Week in Preview: Election, QE2, Unemployment and More Earnings]]>http://www.bloggingstocks.com/2010/10/31/week-in-preview-election-qe2-employment-and-more-earnings/http://www.bloggingstocks.com/2010/10/31/week-in-preview-election-qe2-employment-and-more-earnings/http://www.bloggingstocks.com/2010/10/31/week-in-preview-election-qe2-employment-and-more-earnings/#commentsFiled under: , , , , , , , ,

earnings expectationsIt will be a busy week. Republicans are poised to gain control of the House of Representatives and gain governorships in Tuesday's mid-term elections. Also, the Federal Reserve is expected to announce another round of quantitative easing Wednesday, following the FOMC meeting. Major retailers are scheduled to report October same-store sales Thursday, while the October unemployment rate, announced on Friday, is expected to remain at 9.6%.

Toyota's (TM) fiscal second-quarter results will be one of the highlights on the earnings front this week. After three periods of way underestimating Toyota's earnings, have the analysts surveyed by Thomson Reuters got it right this time? The stock sure could use a boost. Teva Pharmaceuticals (TEVA) is in a similar situation; i.e., high expectations for this week's quarterly results but a stock in need of a boost. Marathon (MRO) and Starbucks (SBUX) are also expected to post strong earnings growth this week, but both stocks are riding high.

Continue reading Week in Preview: Election, QE2, Unemployment and More Earnings

Week in Preview: Election, QE2, Unemployment and More Earnings originally appeared on BloggingStocks on Sun, 31 Oct 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADMAETanalyst forecastsBPCBSCLWRCLXCVSCVXDTVDVNearningsearnngs previewseconomic dataERTSfeaturedFederal ReserveFOMCFordGLWHMCISMKKFTMAMarathonMRONEMPFEPRUQCOMQE2quantitative easingRIGSAMSBUXSIRISMGStarbucksTAPTEVATMToyotaTSLATWXunemployment rateVMCWFMIWINNWLPWPIWPOWYNNXOMSun, 31 Oct 2010 12:30:00 EST<![CDATA[Analyst Calls: ALKS, AMLN, BAC, CFN, FWLT, MOS, PFE, VMW, WFR ...]]>http://www.bloggingstocks.com/2010/10/20/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/20/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/20/analyst-upgrades-downgrades/#commentsFiled under: , , , ,

Analyst Upgrades

  • Citigroup upgraded Mosaic (MOS) to buy from hold and raised its price target to $78 from $64 citing improving ag fundamentals and the potential for BHP (BHP) to issue a higher bid for Potash (POT), which Citi feels would bode well for Mosaic.
  • Cowen upgraded VMware (VMW) to outperform from neutral, citing recent share weakness and the company's significant growth opportunity.
  • Citigroup upgraded CareFusion (CFN) with a $29 price target, citing valuation and the potential for margin expansion.
  • Pfizer (PFE) was upgraded to outperform from neutral at Cowen.
  • Juniper (JNPR) was upgraded to outperform from perform at Oppenheimer.
  • Stryker (SYK) was upgraded to buy from gradually accumulate at Soleil.

Continue reading Analyst Calls: ALKS, AMLN, BAC, CFN, FWLT, MOS, PFE, VMW, WFR ...

Analyst Calls: ALKS, AMLN, BAC, CFN, FWLT, MOS, PFE, VMW, WFR ... originally appeared on BloggingStocks on Wed, 20 Oct 2010 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AlkermesALKSAMLNAmylinanalyst upgradesAthenahealthATHNBACBank of AmericaBHPCAASCareFusionCERNCernerCFNdowngradesFWLTinitiationsinthenewsJNPRMEMCMOSMosaicNCMIORNPFEPfizerPOTStrykerSYKUILVARVMWVMwareWFRWed, 20 Oct 2010 12:00:00 EST<![CDATA[Closing Bell: Dollar and Terror Kick Start the Week Off Weak (ISLN, MSFT, GENZ, SNY, AXP, ACTL, MSCC, PFE)]]>http://www.bloggingstocks.com/2010/10/04/closing-bell-dollar-and-terror-kick-off-week-weak-isln-msft/http://www.bloggingstocks.com/2010/10/04/closing-bell-dollar-and-terror-kick-off-week-weak-isln-msft/http://www.bloggingstocks.com/2010/10/04/closing-bell-dollar-and-terror-kick-off-week-weak-isln-msft/#commentsFiled under: , ,

Stocks started the week off in the red on a key tech downgrade, and as the U.S. dollar rose against some key currencies. Frankly, today felt like a day where the real answer was "more sellers than buyers" over a key catalyst, even considering a EU terror alert. The end of the TARP program marked more sentiment than any real event.

Here were the unofficial closing bell levels:

Dow Jones 10,751.27 -78.41 (-0.72%)
S&P 500 1,137.03 -9.21 (-0.80%)
Nasdaq 2,344.52 -26.23 (-1.11%)

Top Analyst Calls
Best & Worst DJIA Stocks

Continue reading Closing Bell: Dollar and Terror Kick Start the Week Off Weak (ISLN, MSFT, GENZ, SNY, AXP, ACTL, MSCC, PFE)

Closing Bell: Dollar and Terror Kick Start the Week Off Weak (ISLN, MSFT, GENZ, SNY, AXP, ACTL, MSCC, PFE) originally appeared on BloggingStocks on Mon, 04 Oct 2010 16:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ACTLAXPGENZISLNMSCCPFESNYMon, 04 Oct 2010 16:10:00 EST<![CDATA[Bristol-Myers Squbb Boosted by Blood Thinner Study]]>http://www.bloggingstocks.com/2010/08/31/bristol-myers-squbb-boosted-by-blood-thinner-study/http://www.bloggingstocks.com/2010/08/31/bristol-myers-squbb-boosted-by-blood-thinner-study/http://www.bloggingstocks.com/2010/08/31/bristol-myers-squbb-boosted-by-blood-thinner-study/#commentsFiled under: , , , ,

BMY logoBristol-Myers Squibb (BMY - option chain) shares are rising today after the release of a study which shows that an experimental blood-thinning drug co-produced by BMY and Pfizer (PFE) cut the rate of strokes among people with abnormal heartbeats by more than 50% versus aspirin. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on BMY.

BMY opened this morning at $26.11. So far today the stock has hit a low of $26.00 and a high of $26.34. As of 12:25, BMY is trading at $26.20 up 0.35 (1.3%). The chart for BMY looks bullish and S&P gives BMY a positive 4 STARS (out of 5) buy ranking.

Continue reading Bristol-Myers Squbb Boosted by Blood Thinner Study

Bristol-Myers Squbb Boosted by Blood Thinner Study originally appeared on BloggingStocks on Tue, 31 Aug 2010 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BMYBristol-Myers SquibbinthenewsInvestors ObserveroptionsPFEPfizerstrokeTue, 31 Aug 2010 13:30:00 EST<![CDATA[Looking to Play Defense? Buy Pfizer]]>http://www.bloggingstocks.com/2010/08/03/looking-to-play-defense-buy-pfizer-pfe/http://www.bloggingstocks.com/2010/08/03/looking-to-play-defense-buy-pfizer-pfe/http://www.bloggingstocks.com/2010/08/03/looking-to-play-defense-buy-pfizer-pfe/#commentsFiled under: ,

Pfizer Inc. (PFE) reported a blowout second quarter this morning prior to the opening bell. Net income attributable to the company increased to $2.475 billion compared to $2.261 billion in the year-ago quarter. On an adjusted basis, quarterly earnings were $4.959 billion, or $0.62 per share, versus $3.249 billion or $0.48 per share, in last year's corresponding quarter. This compared to Wall Street analysts' consensus EPS estimates of $0.52.

Revenues were up 58% to $17.327 billion which came in way ahead of analysts' estimates of $16.65 billion. The company also reaffirmed its 2010 EPS guidance of $2.10 to $2.20 and said it expects earnings to come in at the higher end of that range. Using these metrics, PFE looks ridiculously cheap (and has been for sometime). The stock has been a favorite of value investors such as David Einhorn because of its blue-chip brand, inexpensive valuation, fat dividend yield, and defensive business profile.

Continue reading Looking to Play Defense? Buy Pfizer

Looking to Play Defense? Buy Pfizer originally appeared on BloggingStocks on Tue, 03 Aug 2010 17:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>drugsfeaturedhealth carehealthcareinthenewslong tradingPFEpfizerpharmaceuticalsTue, 03 Aug 2010 17:20:00 EST<![CDATA[Closing Bell: Markets Still Acting Range-Bound (KGC, PG, PFE, DOW, CTSH, RIMM)]]>http://www.bloggingstocks.com/2010/08/03/closing-bell-markets-still-acting-range-bound-kgc-pg-pfe-do/http://www.bloggingstocks.com/2010/08/03/closing-bell-markets-still-acting-range-bound-kgc-pg-pfe-do/http://www.bloggingstocks.com/2010/08/03/closing-bell-markets-still-acting-range-bound-kgc-pg-pfe-do/#commentsFiled under: , ,

Today's stock market could not offer a repeat of triple-digit DJIA gains. Personal income and spending failed to offer a renewed hope that a major upside was coming from Joe Public in new consumer spending. The pending home sales data is also running at historic lows.

Here are today's unofficial closing bell levels:

Dow Jones 10,636.38 -38.00 (-0.36%)
S&P 500 1,120.46 -5.40 (-0.48%)
Nasdaq 2,283.52 -11.84 (-0.52%)

Top Analyst Calls

Continue reading Closing Bell: Markets Still Acting Range-Bound (KGC, PG, PFE, DOW, CTSH, RIMM)

Closing Bell: Markets Still Acting Range-Bound (KGC, PG, PFE, DOW, CTSH, RIMM) originally appeared on BloggingStocks on Tue, 03 Aug 2010 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>blackberryblackberry 6Blackberry6cognizant technologyCognizantTechnologyconsumer spendingCTSHDOWgoldKGCkinross goldKinrossGoldPFEpharmaceuticalsred back minesRIMMTorchTue, 03 Aug 2010 16:20:00 EST<![CDATA[Options Update: Citigroup Volatility Low; Treasury Announces Sale of 1.5B of C Shares]]>http://www.bloggingstocks.com/2010/07/25/options-update-citigroup-volatility-low-treasury-to-sell-c-shares/http://www.bloggingstocks.com/2010/07/25/options-update-citigroup-volatility-low-treasury-to-sell-c-shares/http://www.bloggingstocks.com/2010/07/25/options-update-citigroup-volatility-low-treasury-to-sell-c-shares/#commentsFiled under: , ,

Citigroup (C) closed at $4.03. The U.S. Treasury Department said that it plans to sell additional 1.5B shares of C. Overall option implied volatility of 45 is below its 26-week average of 50, according to Track Data, suggesting decreasing price movement.

Pfizer (PFE) closed down 28 cents to $14.53. Pfizer is expected to report Q2 EPS on August 3. Call option volume of 157K contracts compares to put volume of 20K contracts. August and September put option implied volatility is at 28; December is at 31; verses its 26-week average of 28, according to Track Data, suggesting nondirectional price movement.

Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Citigroup Volatility Low; Treasury Announces Sale of 1.5B of C Shares originally appeared on BloggingStocks on Sun, 25 Jul 2010 09:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CitigroupoptionsPFEPfizerSun, 25 Jul 2010 09:10:00 EST<![CDATA[Is Novartis a Buy After Q2 Numbers?]]>http://www.bloggingstocks.com/2010/07/15/is-novartis-a-buy-after-q2-numbers/http://www.bloggingstocks.com/2010/07/15/is-novartis-a-buy-after-q2-numbers/http://www.bloggingstocks.com/2010/07/15/is-novartis-a-buy-after-q2-numbers/#commentsFiled under: , , ,

I'm looking at Novartis (NVS) late in the trading day. There's less than an hour to go before the market closes. The stock is up 0.4% to $50.97. Is it me, or is Wall Street telling us that it isn't too excited by the drug maker's latest earnings report? Which actually wasn't bad, as far as I can tell. Perhaps the market actually is excited, but the response is being muted by the overall tone of the session (volume is strong, I should mention).

The one-year chart for the equity probably wouldn't make you want to buy this one for a trade. It almost seems as if the chance to get in on a great pullback has come and gone, doesn't it? Well, let's have a peek at the fundamentals.

Continue reading Is Novartis a Buy After Q2 Numbers?

Is Novartis a Buy After Q2 Numbers? originally appeared on BloggingStocks on Thu, 15 Jul 2010 17:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>drugmakersmerckMRKNovartisNVSPFEpfizerThu, 15 Jul 2010 17:30:00 EST<![CDATA[Three Dividend Duds to Sell Now]]>http://www.bloggingstocks.com/2010/06/28/three-dividend-duds-to-sell-now/http://www.bloggingstocks.com/2010/06/28/three-dividend-duds-to-sell-now/http://www.bloggingstocks.com/2010/06/28/three-dividend-duds-to-sell-now/#commentsFiled under: ,

Stocks paying dividends are in favor on Wall Street right now as investors look to insulate themselves from the recent market volatility. But what happens when these stocks actually end up losing you cash instead of protecting your portfolio?

If you're losing a significant amount of money as the share prices of your high yield dividend stocks dive, then it may be time to pull the trigger and sell these dividend duds. After all there are a host of income friendly stocks out there, so why should you settle for one that offsets your quarterly dividends with regular losses in share price?

Continue reading Three Dividend Duds to Sell Now

Three Dividend Duds to Sell Now originally appeared on BloggingStocks on Mon, 28 Jun 2010 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>DividendsLOLorillardpfepfizerpplMon, 28 Jun 2010 16:40:00 EST