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Wednesday's "Earnings Beat" Makes This The Perfect "Bad-Market" Tech Stock

In last week’s Private Briefing report Our Experts Show You the Stocks to Pick in a ‘Stock-Picker’s Market’,” Money Map Press Chief Investment Strategist Keith Fitz-Gerald identified SanDisk Corp.(NasdaqGS: SNDK) as one of three stocks to buy in the face of the stock market sell-off.

And now we see why…

  • stock market news

  • Dow Jones Industrial Average Today Erases Monday's Losses – Here's Your Recap

    At today's closing bell, the Dow Jones Industrial Average rose 91.19 points to finish at 16,367.88. The Nasdaq increased 7.88 points to finish at 4,234.27, while the S&P 500 hit an intraday all-time high before falling to close at 1,865.62.

    Here's a recap of other major events today:

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  • The Huge Economic Indicator Everyone Misses If you like bull markets, you better hope Janet Yellen is one of the most talkative Fed Chairs in history.

    It's not that she's going to say anything brilliant or insightful, just that she says something... anything... on a regular basis.

    You see, there's a direct relationship between how much she says and what's happening in the markets. What she says is almost completely irrelevant.

    I know people spend hours agonizing over the slightest nuances in each statement, but really none of those things matters.

    Unless you are a policy wonk, Fed statements are pretty consistently useless pontifications made every 6 to 8 weeks by the head of a supposedly independent financial body that is, in fact, a highly politicized entity.

    The Fed exercises little if any control over variables and targets that it changes at will and deems relevant at its sole discretion.

    Harsh? You bet. But not without merit... Full Story Read More...
  • Post-Market Report: Dow Jones Industrial Average Starts Week on Down Note

    At the closing bell, the Dow Jones Industrial Average fell 25.82 points to finish at 16,276.95. The Nasdaq dipped 50.4 points to finish at 4,226.38, while the S&P 500 hit an intraday all-time high before falling 9.07 points to close at 1,857.46.

    Here's a recap of other major events today:

    To continue reading, please click here...
  • Today's Stock Market News and Earnings Calendar

    Today's stock market news, March 24, 2014: The Dow Jones Industrial Average declined on Friday slightly by 0.19% to close at 16,300.45; last week, the Dow gained 1.45%, or 232.83 points.

    On Friday, the Nasdaq slipped 42.50 points to finish at 4,276.79, while the S&P 500 dropped 5.49 points to end the day at 1,866.52.

    Now here are the stories moving markets today:

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  • The Dow Jones Industrial Average Ends Week on a Bullish Note

    At the closing bell, the Dow Jones Industrial Average declined slightly by 0.19% to close at 16,300.45; for the week ending today (Friday), March 21, 2014, the Dow gained 1.45%, or 232.83 points.

    The S&P 500 hit an intraday all-time high before falling to close down 0.29% at 1,866.60. The Nasdaq fell 0.98% to finish at 4,276.79. Silver prices recovered after a tough response from the Federal Open Market Committee (FOMC) meeting on Wednesday.

    Here's a recap of today's top stock market news.

    To continue reading, please click here...
  • Post-Market Report: Dow Jones Industrial Average Soars on Philly Fed Manufacturing News

    The markets roared today after the Philadelphia Federal Reserve announced better than expected news in its area manufacturing figures.

    At the closing bell, the Dow Jones Industrial Average rose 108.88 points to finish at 16,331.05. The Nasdaq increased 11.68 points to finish at 4,319.29, while the S&P 500 added 11.24 points to close at 1,872.01.

    To continue reading, please click here...
  • Dow Jones Industrial Average Falls After Yellen's First FOMC Meeting

    The markets crumbled today after the Federal Open Market Committee (FOMC) indicated a dovish approach to economic policy. At the closing bell, the Dow Jones Industrial Average fell 114 points to finish at 16,222. The Nasdaq slumped 25 points to finish at 4307, while the S&P 500 lost 11 points to close at 1860.

    The FOMC moved the goal posts on Wednesday, altering its view of when the central bank should raise interest rates. At its first meeting with new Chair Janet Yellen at the helm, the committee elected to trim its asset-purchasing program (quantitative easing) by another $10 billion to $55 billion per month.

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  • Dow Jones Industrial Average Advances on Today's Top Stock Market News

    Stock market today, March 18, 2014: The Dow Jones Industrial Average increased 0.55% to finish at 16,336.19. The S&P 500 added 0.72% to end the day at 1,872.25, while the Nasdaq jumped 1.25% to close at 4,333.31.

    The big news today includes a surge in U.S. food prices on the horizon, yet another U.S. bank settling for its bad behavior, Russia annexing Crimea, and a Microsoft swell to near-record levels not seen since 2000.

    Here's what you need to know after the bell...
  • Stock Market Crashers: Why Global Geophysical Stock (NYSE: GGS) Plunged 60% Today

    Global Geophysical Services Inc. (NYSE: GGS) played today's (Tuesday) "stock market crasher," plunging 60.68% to an all-time low after announcing that several of its past financial reports are inaccurate.

    On Monday, the provider of seismic data to energy companies shocked with Q4 and full-year 2013 earnings. In it the company stated its financial reports and related auditors' reports for each of the fiscal years ended Dec. 31, 2012, 2011, 2010, and 2009, plus the first, second, and third quarters of 2013, "should no longer be relied upon because of accounting errors resulting from material weaknesses in the company's internal controls."

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  • Today's Stock Market News and Earnings Calendar

    Stock market news today, March 18, 2014: The Dow Jones Industrial Average soared 181.55 points on Monday to close at 16,247.22. The Nasdaq gained 34.55 points to close at 4,279.95, while the S&P 500 added 17.70 to finish the day at 1,858.83.

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  • Stock Market Today: News and Earnings Calendar

    Stock market today, March 17, 2014: The Dow Jones Industrial Average slipped 43.22 points on Friday to hit 16,065.67. The Nasdaq was flat, ending the day at 4,245.40. The S&P 500 slid 5.21 points to close at 1,841.13.

    Now here's the news moving markets today:

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  • Dow Jones Industrial Average Loses Traction Today on Geopolitical Woes

    U.S. stocks slumped to a close today, with all three major indices noting losses and continuing the downward spiral that took off in Thursday's session. The Dow Jones Industrial Average closed down 0.27%, or 43 points, at 16,066 points; The S&P 500 closed down 0.29%, or 5 points, at 1,841 points; and the Nasdaq Composite Index closed down 0.36%, or 15 points, at 4,245 points.

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  • Today's Stock Market News And Earnings Calendar

    Stock market news, March 14, 2014: The Dow Jones Industrial Average fell 231.19% on Thursday to close at 16,108.89. The Nasdaq slipped 1.46% to finish at 4,260.42. The S&P 500 dropped 1.17% to end the day at 1,846.35.

    Here's the top news affecting the markets today...

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  • Stock Market Today: Top Five News Stories and Earnings Calendar

    Stock market today, March 13, 2014: The Dow Jones Industrial Average lost 0.07% on Wednesday to close at 16,340.08. The Nasdaq increased 0.37% to finish at 4,323.33, while the S&P 500 gained 0.03% to end the day at 1,868.20.

    Here are the top five stories affecting the markets today...

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  • Stock Market Today: Dow Jones Industrial Average Falls, These Stocks Soar

    U.S. stocks closed mixed today, with the Dow Jones Industrial Average incurring losses, while the S&P 500 and the tech-heavy Nasdaq noted modest gains.

    The Dow Jones Industrial Average closed down 0.07% or 11 points, to 16,340; the S&P 500 closed up 0.03%, or 0.5 points, at 1,868 points; and the Nasdaq closed up 0.5%, or 16 points, at 4,323 points.

    Energy futures fell today, with crude oil, heating oil, and natural gas futures significantly off. Light, sweet crude oil for April delivery is down 2.1% at $97.91 per barrel today; heating oil is down 1.4% at $2.92 per gallon; and natural gas is down 1.7% at $4.52 per million BTUs.

    Meanwhile, metals futures rose, with gold trading up 1.5% at $1,367.50 per ounce, platinum trading up 0.7% at $1,475.30 per troy ounce, and silver rising 2.2% at $21.28 per ounce.

    Read More...