Wednesday, August 20, 2014 8:07 AM EDT
Retracements & Other Considerations
We have been highlighting the retracements in the Russell 2000 and IWM since the July high. The Russell 2000 is still below its March high meanwhile the S&P 500 keeps on ripping away. More...
Today's Superstock Investor Stock Scorecard:
LOWE'S COMPANIES INC (LOW)
Lowe's (LOW) has had a big run to the upside. The company beat estimates by $0.01. However, its price target is less than $1 away from yesterday's close. We are not a fan of this name as a result. More...
Articles That Matter:
Merger Activity Up Mid Week
Mergers and acquisitions are fast and furious. This morning Bloomberg has a story that Infineon is looking to acquire a U.S. semiconductor company and that the deal could occur as soon as today. At 2:00 p.m. EDT the latest FOMC minutes are due out. More...