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Category Archives: Corporate Earnings

Stocks edge higher on earnings, Fed policy

I don’t look to jump over seven-foot bars: I look around for one-foot bars that I can step over. – Warren Buffet For the third consecutive week, the S&P 500 Index closed higher on mostly positive third quarter earnings reports and the belief among investors that the Federal Reserve won’t hike interest rates until next […]

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Stocks surge on earnings optimism, dovish Fed minutes

If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume. – Benjamin Graham Bullish sentiment returned to Wall Street last week as the S&P 500 Index jumped 3.3% on optimism that quarterly earnings will beat lowered expectations and that the Federal Reserve will […]

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Stocks rise despite disappointing jobs data

The most important thing to do if you find yourself in a hole is to stop digging. – Warren Buffett Despite a much weaker than expected employment report for September and mostly lackluster economic data last week, the S&P 500 Index managed to gain 1% as stocks staged a remarkable turnaround on Friday to close […]

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Stocks close lower on Fed rate hike decision

You only have to do a few things right in your life so long as you don’t do too many things wrong. – Warren Buffett The old stock market adage buy the rumor and sell the news was evident last week as stocks rallied ahead of the Federal Open Market Committee (FOMC) meeting only to […]

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S&P 500 plunges on global growth fears

We have long felt that the only value of stock forecasters is to make fortune-tellers look good. – Warren Buffett What had been manageable losses for the major stock averages unexpectedly turned ugly on Friday as stocks plunged, contributing to a painful decline of 6% for the week. It was the biggest weekly point drop […]

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S&P 500 Index rebounds despite mixed earnings results

We want these assets to be productive. We buy them. We own them. To say we care only about the short term is wrong. What I care about is seeing these assets in the best hands. – Carl Icahn Despite weak earnings results from some bellwether companies last week, the S&P 500 Index managed to […]

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Stocks drop on global growth concerns, disappointing earnings

Know what you own, and know why you own it. – Peter Lynch Unlike the prior week that produced mostly positive earnings surprises, disappointing earnings this past week led to losses of between 2% and 3% for the major stock averages. While the S&P 500 Index lost just over 2%, the Dow Jones Industrial Average […]

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Stocks rally on Greece resolution, strong earnings

Invest in yourself. Your career is the engine of your wealth. – Paul Clitheroe A combination of positive overseas news involving Greece and China as well as a strong start to the second quarter earnings season caused U.S. stocks to post impressive gains last week. While the broad market as measured by the S&P 500 […]

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S&P 500 rallies to close flat amid global turmoil

The investor should have a definite selling policy for all his common stock commitments, corresponding to his buying techniques. – Benjamin Graham Despite a number of potential market-moving events last week that could have caused stocks to correct, both the S&P 500 Index and the Dow Jones Industrial Average barely budged. In a testament to […]

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Anxiety over Greece sinks stocks

There’s always been the position that the small investor has no chance against the big institutions. – Peter Lynch After falling about 2% on Monday on fears of a Greek default, both the S&P 500 Index and the Dow Jones Industrial Average recouped some of their losses and finished the week lower by about 1%. […]

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