2 hours ago
* Sources say China ready to ease further after rate cut
* Euro near 28-mth trough as ECB's Draghi vows to fight deflation
* Japanese markets closed for holiday, stocks elsewhere gain
SYDNEY, Nov 24 (Reuters) - Asian share markets followed the dollar higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding.
The single currency was matching 28-month lows in early trade having shed 1.2 percent on Friday when European Central Bank President Mario Draghi surprised by declaring his commitment to fighting deflation.
That came hot on the heels of an unexpected cut in interest rates from the People's Bank of China, and sources told Reuters Beijing was ready to ease further to head off slowing inflation.
The pressure on these two stocks has been phenomenal! Even the BIB has outperformed these stocks and obviously without their cooperation. I just don't get it! Fidelity has both companies listed as "extremely bullish" by all respected analysts. Who is keeping these down and why?
The Abbv drug is more for patients who have already had liver transplants and from what I've read is a different type of treatment than Gilead's. I don't understand why this is being treated as such a threat to GILD.
Out of biotech and into technology stocks. This may shift next week. As for me, I am well diversified but can't say this dumping didn't hurt!
Gerry, anytime a stock has had a huge run, it generally pulls back. BABA is unusual because it is a cash cow revenue growing machine. I bought the dip today. Pullbacks are good opportunities for patient longs. This company is no joke and I expect $200 p/s easily in the next 12 months unless something major happens in the economy.
The politics in Atlantic City are quite different than Boston. I think Boston will be more casino friendly. There is a reason why Wynn and Las Vegas Sands stayed away from Atlantic City.
...Wynn Resorts, based in Las Vegas, plans to build a $1.6 billion resort in Everett, just outside of Boston, while MGM has an $800 million facility planned in Springfield.
...11:54 AM EDT, 10/30/2014 (MT Newswires) -- Facebook (FB) falls Thursday after the social media site filed to sell up to 162,698,114 shares of is Common Stock on behalf of selling shareholders connected with the company's WhatsApp acquisition. Facebook (FB) filed an automatic shelf on Wednesday night.
...Buffalo Wild Wings technical comments ahead of earnings
BY Fly On The Wall
— 1:48 PM ET 10/27/2014
In the past three months the shares have underperformed the averages by a wide margin, dropping nearly 20% in value. There was a gap at the start of the period following that earnings season, with a largely neutral move until mid-September when the stock took another turn lower. Pulling back to a 2-year chart shows us important levels rather clearly. It is more apparent in that context that the last year of price movement has been sideways in a very wide range. The low of that range is at $125 and the top at $150. It would take a break of either bound by a good margin to change the trend. If the news disappoints, that low bound at $125 could be tested. A break below $125 would find next support at $121.76 which is the 52-week low, and then at $118.94. If the news is positive enough to overcome current bearish sentiment in the name, the big test would come at the $150 level. On a move above $150, resistance would be at $155.51. There is as is fairly routine for the stock, a large short-base at 11.7% of the float short. That could add a layer of demand to a positive surprise upside reaction to earnings.
Its gonna be a fast drop to $120 in ah! Scary!
Don't you just love these analysts that downgrade a day ahead of earnings release?
On October 27, 2014 Ned Davis Research Group downgraded CUMMINS INC (CMI) from BUY to NEUTRAL.
I'm getting disgusted with stock performance. Looking for an exit point but hate selling at a bottom. Whatever Adelson is doing, doesn't seem to be working!