Wednesday, June 11, 2014 8:07 AM EDT
Locking In Gains On Apple For A Third Time Since 2010
We are removing our recommendation on Apple (AAPL) from the Morning Matters Portfolio. The stock is now above our price target of $86.93. We have owned this stock since April 17, 2012 so it has been in our portfolio for a bit more than 2 years. The return is 13.29% and does not include two years of dividends. More...
Daily P/Laybook: Futures Lower
US futures: S&P 500 -9.25 Dow Jones -71 NDX -17.50 with fair values a bit lower. Asia lower ex Japan and Europe lower. Copper lower with silver and gold higher. WTI Crude and Brent Oil Futures higher. Natural Gas lower. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury yield -2. Prices as of 7:55 a.m. EDT. More...
Today's Superstock Investor Stock Scorecard:
LULULEMON ATHLETICA INC (LULU)
LuluLemon Athletica (LULU) stock price has been in the downward dog position for the past year. It appears to be basing at the $45 level in front of earnings due tomorrow. Estimates are $0.32 versus $0.32 a year ago. The stock is cheap but not stable enough to buy in front of earnings. Look to nibble if you like this name after earnings. More...
Articles That Matter:
Here Comes Gridlock
House Majority Leader Eric Cantor lost his Virgina Primary and will not be back in the House next year. This loss will mark the return to gridlock and inaction from Washington. Typically, the stock market likes gridlock. More...