Wednesday, January 10, 2018 8:07 AM EST
Finally Some Weakness
The S&P 500 has been up for the past six days. This morning futures are lower by over -100 points on the Dow and the S&P 500 by -10. The trend has been to recover from any weakness fairly quickly after the open. More...
Today's Superstock Investor Stock Scorecard:
AKAMAI TECHNOLOGIES INC (AKAM)
Akamai Technologies (AKAM) announced that they are hiring Morgan Stanley to help explore "strategic alternatives". Akamai is looking to be acquired or taken private for $84 a share. Is the upper bound near this level. As an aside, yesterday we pointed out that Acuity Brands (AYI)was overvalued in front of earnings and it fell on weaker numbers. More...
Articles That Matter:
Yesterday President Trump held a meeting with Republican and Democratic leaders to prove he is competent. This morning we read The Atlantic's review of this meeting. A loss of confidence in the president could hurt the current euphoric state of the market. More...