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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

  • Stock Market Today: Dow Jones Industrial Average Weighed by Weak Earnings

    Stock Market Today, Jan. 22: U.S. stocks today are mixed and trading in a fairly narrow range as corporate earnings season continues - with lackluster results. Investors are cautious ahead of economic data tomorrow that includes jobless claims and existing home sales reports.

    The Dow Jones Industrial Average today is down 0.24% at 16,374. The Standard & Poor's 500 is up 0.2% at 1,841, and the Nasdaq Composite Index is up 0.46% at 4,245.

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  • Stock Market News Today: Housing Starts Weigh on Share Prices

    Stock Market News Today, Jan. 17: The Dow is up but the S&P 500 and Nasdaq down in afternoon trading, and here's why...

    Housing market data today revealed that new home construction fell 9.8% in December to a seasonally adjusted rate of 999,000. The numbers were weighed by starts for single-family homes and apartments, the U.S. Commerce Department reported.

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  • Stock Market Today Slumps on Sluggish Service Industry

    Stock Market Today, Jan. 6, 2014: U.S. stocks, including all three major indices, closed in the red today as growth in the service industries was weaker than expected, adding to the heavy start to 2014 trading.

    U.S. services sector shrank last month, with an index of 53.0, down from 53.9 in November and below expectations for 54.8. But, in a more positive economic indicator, factory orders rose 1.8% in November from a year prior, the U.S. Commerce Department reported.

    In response, the Dow Jones Industrial Average today closed down 0.27% at 16,425, while the Standard & Poor's 500 was down 0.24% at 1,827 and the Nasdaq Composite Index is off 0.36% at 4,118.

    In addition to today's economics reports, retail stocks are likely also weighed by the headline-grabbing cold weather, which investors expect to hurt January's retail sales.

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  • Stock Market Forecast 2014: Why the Market Will Keep Surging in the New Year Stock Market Performance Today

    If you've been following our twice-weekly conversations at Strategic Tech Investor, you know that I'm very bullish about technology stocks.

    But I want to let you in on a little secret ...

    I'm also bullish about the overall stock market.

    In fact, I'm predicting that the Standard & Poor's 500 Index will advance 15% in 2014, rising from the current 1,795 to 2,065. That will not only take the closely watched index up through the psychologically important 2,000 level, it will take it to the highest level in history.

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  • Will the Dow Hit 18,000? 11262013KFG

    The markets continue to reach all-time highs, leaving some wondering just how high the Dow Jones Industrial Average can go.

    Is Dow 18,000 realistic?

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  • Stock Market News Today: Why These Stocks Are On the Move

    Stock market news today, Nov. 4: Stocks are kicking off this Monday on a positive note. Investors will keep an eye on Friday's jobs report that could deliver clues on when the U.S. Federal Reserve will taper its bond-buying program.

    In other economic indicators, factory orders for September were roughly in line with expectations.

    The Standard & Poor's 500 Index is up about 0.17% at 1,764 points, and the Dow Jones Industrial Average is up 0.1% to 15,629 points. The Nasdaq Composite Index (INDEX Nasdaq: .IXIC) is up 0.2% at 3,929.

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  • Stock Market News Today: Big Day for Apple (Nasdaq: AAPL), Merck (NYSE: MRK)

    Stock Market News Today, Oct. 28: Stocks are weighed in morning trade, reversing out of earlier gains as investors are hit with a disappointing report on pending home sales despite a more positive report on industrial production.

    Pending home sales slid 5.6% in September to the lowest level in nine months, likely weighed by higher housing prices and higher interest rates.

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  • Today's Stock Market News: JPM, NFLX, FSLR, AAPL

    Today's stock market news focuses on earnings and the release of a backlog of economic data that was delayed due to the federal government shutdown.

    The S&P 500 is down about 0.03% at 1,744 points, and the Dow Jones Industrial Average is down 0.07% at 15,389 points. The Nasdaq Composite Index is up 0.17% at 3,920.

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  • Stock Market News Today: Stocks Slumping After Huge Week

    Stock market news today, Oct. 14, 2013: The government shutdown and unresolved debt ceiling crisis continue to weigh on stocks today as lawmakers show few signs of reaching an agreement.

    Nearly 800,000 government employees are still furloughed and about 1 million asked to work without pay as the shutdown enters a third week with no resolution on the federal budget nor an agreement on the debt ceiling.

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  • Stock Market News Today: What Week 2 of a Government Shutdown Looks Like

    Stock market news today focuses on market reactions to the second week of the government shutdown, with markets down 80 points with just a couple hours of trading left in the day.

    Investors are increasingly concerned that the conflict will not be resolved soon and fear the political stalemate will extend to the debt ceiling issue.

    Without a debt ceiling resolution by Oct. 17, the United States would be in default, which would have a more damaging effect on the economy than this shutdown.

    As a result, stocks are lower in trading today in all sectors. The S&P 500 is down about 0.4% at 1,683.00 points, and the Dow Jones Industrial Average is down 0.6% at 14,989.80 points.

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  • Stock Market News Today: Dow Ends Five-Day Losing Streak

    The biggest stock market news today: After five sessions of declines - the longest consecutive streak of losses so far this year - stocks finally closed higher.

    The Dow Jones Industrial Average closed at 15,328.49, for a 55.23-point gain. The Standard & Poor's 500 rose 5.90 to 1,698.67, and the Nasdaq closed up 26.33 at 3,787.43.

    In stock market news today, new applications for unemployment benefits fell by 5,000 to 305,000 last week, according to the Labor Department's report today. However, that number is slightly shy of the 300,000 new applications economists expected.

    As for the gross domestic product (GDP), that report was unchanged, meaning the U.S. economy grew to the reported 2.5% in the second quarter.

    Here are the biggest stocks making news today:

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  • Biggest Stock Market News Today: Apple, BB&T, and GM

    Stocks this week are off to a heavy start as investors await more speeches from nine U.S. Federal Reserve executives this week that could shed light on the timing of the quantitative easing (QE) taper. Three of those speeches are scheduled for today.

    Comex gold prices are weighed this morning as the market hopes some of this week's comments from the Fed include insights into future monetary policy moves. Comex gold for December delivery is now trading at $1,324.76, down 0.37%.

    In the week ahead in stock market news, the U.S. Congress and the Obama administration will continue to debate the U.S. budget and debt ceiling issues as investors will keep an eye on any new developments regarding Syria and U.S. action there.

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  • The Biggest Stock Market News Today

    After a summer of strong gains, stocks this week are in the red as tensions between Syria and the United States mount and investors fear near-term military action, likely as soon as this week. Other stock market news today weighing on shares includes the looming debt ceiling, with terms that U.S. President Barack Obama said he will not negotiate.

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  • This Week in Numbers Numbers It's the numbers that count in this crazy world. They can tell stories that words simply can't. Here's a look at some of the fascinating, infuriating, amusing, depressing, and altogether important numbers that the world has put up on the board recently - and why you need to know them.
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  • Stock Market News Today: Dow Nears 15,000

    Perhaps lower summer trading volumes are leaving stocks more vulnerable to larger moves lately...

    The stock market today fell 70 points to 15,010; the S&P lost nearly 10 points; the Nasdaq fell 12. This marks the Dow's fourth straight day of losses - the first four-day losing streak of 2013. 

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