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[Closing Bell: From Flash-Crash to Flash Dance (BSX, CSCO, MS, GS, BIDU, HBAN, NBG)]]>http://www.bloggingstocks.com/2010/05/12/closing-bell-from-flash-crash-to-flash-dance-bsx-csco-ms-gs/http://www.bloggingstocks.com/2010/05/12/closing-bell-from-flash-crash-to-flash-dance-bsx-csco-ms-gs/http://www.bloggingstocks.com/2010/05/12/closing-bell-from-flash-crash-to-flash-dance-bsx-csco-ms-gs/#commentsFiled under: , , ,

Trade deficits, record government budget deficits... Humbug! Today was a day where bad news did not matter in the broader sense. Overseas markets were up, but the U.S. was where the action was.

Here were the unofficial closing bell levels:

Dow 10,896.91 +148.65 (1.38%)
S&P 500 1,171.67 +15.88 (1.37%)
Nasdaq 2,425.02 +49.71 (2.09%)

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Closing Bell: From Flash-Crash to Flash Dance (BSX, CSCO, MS, GS, BIDU, HBAN, NBG) originally appeared on BloggingStocks on Wed, 12 May 2010 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BIDUBSXce markGSHBANMSNBGnetworksTaxus stentWed, 12 May 2010 16:00:00 EST<![CDATA[Closing Bell: When rising bond yields hurt stocks (BAC, BSX, GM, PG, SNDK)]]>http://www.bloggingstocks.com/2009/05/27/closing-bell-when-rising-bond-yields-hurt-stocks-bac-bsx-gm/http://www.bloggingstocks.com/2009/05/27/closing-bell-when-rising-bond-yields-hurt-stocks-bac-bsx-gm/http://www.bloggingstocks.com/2009/05/27/closing-bell-when-rising-bond-yields-hurt-stocks-bac-bsx-gm/#commentsFiled under: , , , ,

Despite Moody's claiming the US's Triple-A rating was stable, the markets sold off today. The markets tried to hold up but the afternoon session was marked by selling as bond yields rose on the long-end of the curve. The 10-Year Treasury yield was up 20 basis points to 3.697% and the 30-Year Treasury yield was up 16 basis points to 4.60%.

Here were the unofficial closing bell levels:

Dow 8,300.98 -172.51 (-2.04%)
S&P 500 893.13 -17.20 (-1.89%)
Nasdaq 1,731.08 -19.35 (-1.11%)

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Continue reading Closing Bell: When rising bond yields hurt stocks (BAC, BSX, GM, PG, SNDK)

Closing Bell: When rising bond yields hurt stocks (BAC, BSX, GM, PG, SNDK) originally appeared on BloggingStocks on Wed, 27 May 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bond yieldsBondYieldscredit ratingCreditRatingmoodystaxus stentTaxusStentWed, 27 May 2009 16:00:00 EST<![CDATA[Abbott Labs stent trial results lift stock]]>http://www.bloggingstocks.com/2007/03/26/abbott-labs-stent-trial-results-lift-stock/http://www.bloggingstocks.com/2007/03/26/abbott-labs-stent-trial-results-lift-stock/http://www.bloggingstocks.com/2007/03/26/abbott-labs-stent-trial-results-lift-stock/#commentsFiled under: , , , , , , ,

Abbott Laboratories (NYSE: ABT) opened at $55.08. So far today, the stock has hit a low of $55.05 and a high of $56.18. As of 1:20, ABT is trading at $56.41, up $2.55 (4.7%).

The stock is hitting a new 52-week high today after a study showed that Abbott's Xience heart stent performed better than competitor Boston Scientific's (NYSE: BSX) Taxus stent. In addition, two analysts have reiterated their buy ratings for ABT today. The technical indicators for ABT have been bullish but deteriorating, while S&P gives the stock a positive 4 STARS (out of 5) buy rating.

For a bullish hedged play on this stock, I would consider an August bull-put credit spread below the $50 range. ABT hasn't been below $50 since January and has shown support around $53 recently. This trade could be risky if the mid-April earnings for ABT disappoint, but even if the stock dips a little, it looks like it might find support around its 50 day moving average.

Brent Archer is an options analyst and writer at Investors Observer (Free Subscription). DISCLOSURE: Mr. Archer owns and/or controls diversified portfolios of long and short stock and option positions that may include holdings in companies he writes about.

Abbott Labs stent trial results lift stock originally appeared on BloggingStocks on Mon, 26 Mar 2007 13:23:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ABTBSXTaxus stentTaxusStentXience heart stentXienceHeartStentMon, 26 Mar 2007 13:23:00 EST