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05/06/2010 - 16:54 With the S&P 500 trading down 3.26% on the session, off 37.94 points, one would think that long stock holders would be heading home with their head hung lowâ"that’s not the case today. If you are a long stock holder, or a short vol trader, or a short Gold/Bond/U.S. -
05/06/2010 - 05:57 US stocks fell for a second day in a row yesterday as worries over the euro debt zone failed to subside. News of downgrade warning on Portugal and riots in Greece led to fears of the crisis continuing to escalate. -
Retailers Disappointed In April (COST, GPS, ANF, TGT, COST, WAG, TGT, JWN, M, ZUMZ, HOTT) 05/06/2010 - 15:11 Today was the day when top retailers ranging from Costco Wholesale (NASDAQ: COST) to Gap (NYSE: GPS) posted disappointing same-store sales for the month of April. The results were a clear indication that Wall Street was expecting too much of a consumer rebound. -
05/06/2010 - 15:49 US stocks are still down more than 3% today afternoon after all the three key indexers nosedived to the worst ever levels. While the Nasdaq was down over 9% at one point, the S&P 500 and Dow fell into negative territory for the first time in the year for a brief while, as concerns over the contagion from Greece's debt issues heightened. -
05/06/2010 - 11:19 Intel Corp. (NASDAQ: INTC) has introduced a new version of its Atom chip. The new chip is likely to help Intel (INTC) make a foray into the smartphone and tablet segment. The new chip, codenamed Moorestown, is more power-efficient and therefore is suitable for mobile devices. -
05/06/2010 - 16:12 Rodman & Renshaw Capital Group (NASDAQ: RODM) has crashed 24.60% to $3.28 after the company’s quarterly profits missed the Street view as the result of higher-than-expected expenses. -
05/06/2010 - 10:30 Fox Business News' Charlie Gasparino is reporting that Goldman Sachs (NYSE: GS) will likely settle the civil fraud case brought against the firm by the SEC for between $1 billion and $5 billion. -
05/06/2010 - 06:12 Costco Wholesale Corp (NASDAQ: COST) had reported a 11% y/y jump in the same-store sales for April, falling short of the analyst expectations of 11.2% growth. -
05/06/2010 - 15:18 CNBC is reporting that a bad print in Proctor & Gamble (NYSE: PG) may have accelerated the downside momentum that entered the market this afternoon. At one point, the Dow Jones Industrial Average was down nearly 1,000 points. Most of the losses have been made back in the last half an hour and the Dow is currently down 390 to 10,472. -
05/05/2010 - 19:53 On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he sees Eastman Kodak Company (NYSE: EK) as a speculative stock and he doesn't need to speculate with so many quality names trading down. Eastman Kodak Company (EK) spiked 7.09% today. | | | Today's Trading Ideas
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