FeedPosted Mar 5th 2011 3:10PM by Joseph Lazzaro (RSS feed)
Filed under: Good news, Economic Data, Federal Reserve, Recession
This past week's data point of significance for investors has to be the February nonfarm payroll report by the U.S. Department of Labor, which indicated that the U.S. economy created 192,000 jobs last month -- roughly in-line with the consensus estimate.
The good news was complemented by the fact that January's job gain was revised up to 63,000 from 36,000 and December's to 152,000 from 121,000. January's low job tally was probably skewed lower by the winter blizzards and storms that hit the Northeast and Midwest; hence, it's safe to say that the economy is creating jobs. What it needs now is sustained demand to drive GDP growth, which will lead to stronger job growth.
Continue reading Ray of Light: U.S. Private Sector Hiring Increases
Posted Mar 3rd 2011 1:40PM by Brent Archer (RSS feed)
Filed under: Major Movement, Earnings Reports, Good news, Canada, Options, Technical Analysis
Royal Bank of Canada (RY - option chain) shares are rising today after the company reported earnings this morning, posting a fiscal-Q1 profit of C$1.839 billion, or C$1.24 per share. Excluding one-time items, RY earned C$1.26 per share, topping analysts' forecasts of C$1.01 per share. 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 RY.
RY opened this morning at $61.32. So far today the stock has hit a low of $60.96 and a high of $62.29. As of 12:10, RY is trading at $61.46 up $2.85 (4.9%). The chart for RY looks bullish and S&P gives RY a positive 4 STARS (out of 5) buy ranking.
Continue reading Royal Bank of Canada Surges on Q1 Earnings
Posted Feb 16th 2011 1:20PM by Brent Archer (RSS feed)
Filed under: Major Movement, Earnings Reports, Good news, Options, Technical Analysis, Green Stocks

Tesla Motors (
TSLA -
option chain) shares are rising today after
the company reported earnings last night, posting a fiscal-Q4 loss of $51.36 million, or 54 cents per share. Excluding one-time items, TSLA lost 47 cents per share on revenue of $36.3 million. Analysts had forecast a loss of 50 cents per share on revenue of $34.3 million. Investors are getting excited for this stock because TSLA also said it has received 3,700 orders for its "reasonably-priced" Model S passenger sedan, which will begin delivery in 2012. 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 TSLA.
TSLA opened this morning at $23.10. So far today the stock has hit a low of $23.07 and a high of $24.40. As of 11:55, TSLA is trading at $23.89 up $1.05 (4.6%). The chart for TSLA looks neutral.
Continue reading Tesla Motors Q4 Loss Comes In Smaller than Expected
« Previous Page | Next Page »