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ODP Rally Is Just Plain Dumb — Sell Now!
Office Depot shares surged Monday after Starboard Value announced a huge stake in ODP. But investors shouldn’t buy the head fake; the stock is doomed.
Is There a Good Reason to Buy Stocks Now?
With all of the political, economic and technical headwinds, buying stocks now is risky.
S&P 500 Stocks Overwhelmingly Down
Declining stocks on the S&P 500 outnumber advancers more than 4-to-1 during Wednesday day trading.
5 Companies Increasing Dividends Last Week
Stocks increasing dividends this week include Qualcomm, Tyco, Staples, Applied Materials and the Bank of Nova Scotia.
9 Tax Day Deals & Freebies 2017
April 18 is quickly approaching and there are a lot of Tax Day deals and freebies out there for those that look for them.
ODP: No Turnaround in Sight Yet for Office Depot
While Office Depot’s buying pressure is solid, ODP stock’s fundamentals are all over the place.
Stocks Drift Lower as Oil Gets Slammed
Chatter is shifting the Fed’s first rate hike since 2006 to what comes afterwards. Currently, the market expects only two additional rate hikes in 2016.
Fed Reports, Markets Slip: Wednesday’s IP Market Recap
Fed minutes sent the markets into the red on Wednesday despite solid earnings news from a major home retailer and a big bump in existing…
Everybody Out of the Pool! — Wednesday’s IP Market Recap
An unexpectedly large decline in housing starts and bond-buying worries on the Fed front spooked investors Wednesday to send the broader indices reeling.
AMZN Wants You to Buy EVERYTHING Online
AMZN is moving into vendor warehouses to reduce supply chain costs. That could give it a leg up in the consumer goods world, and help…
The Best Sectors to Buy Right Now
Jump aboard previously lagging groups and those that succumbed to profit-taking.
Don’t Fall for SuperValu’s Sudden Surge
Forget the rumors that Cerebus Capital is looking to finance an LBO. Just look at SVU’s sorry business and money-losing results.
Retail and Europe Spoil the Day: Wednesday’s IP Market Recap
Continued pressure from economic troubles in Europe, particularly Greece, weighed on the markets, dropping an early rally down for the day.
Thursday Apple Rumors — iPad Tops Kids’ Holiday Wish Lists
For kids ages 6 to 12, Apple’s iPad and iPhone are the gifts to get this holiday season, according to a Nielsen survey.
Shorts Target Sprint, Masco and Office Depot
Short sellers are targets the shares of Sprint Nextel (NYSE: S), Masco (NYSE:MAS) and Office Depot (NYSE: ODP).
The SPY Breakout Looks Like a Flop
The SPDR S&P 500 ETF Trust (SPY) is weakly positioned thanks to lack of momentum and non-confirmation from financials and transports. Eye this downside target.
Monday Apple Rumors: iPhone 6 to Feature NFC Technology
Apple’s upcoming iPhone 6 will feature NFC mobile payments; Dr. Dre and Jimmy Iovine to take senior Apple positions; and Apple cuts online refund times.
Rah-Rah Day for Retail: Tuesday’s IP Market Recap
The retail sector led the S&P 500 and Nasdaq higher thanks to big moves from Best Buy, JCPenney and Urban Outfitters.
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