United States markets have fended off a multi-day consecutive stint of daily losses which have been sustained on back-to-back days which have plagued the Dow Jones Industrial Average (DJIA) and the S&P 500 Index (SPY) as well. Market recap during trading from earlier this morning;  In trading the S&P 500 broke below long-term support of [...]

Some traders figured that today’s debt-deal which passed just a little while ago would bolster bullish bias among stocks and securities in general. Evidently, that’s not the case. The Dow Jones Industrial Average (DJIA) is in free-fall mode without any bullish sentiment what-so-ever.  The S&P 500 index is not looking any better than the DJIA, [...]

Allstate (ALL) is one company that did well today amid the debt ceiling cap uncertainty and also announced second quarter 2011 results today, too.  Early this morning on the east coast of the United States, it was rumored that a preliminary debt agreement had been reached but had yet to reach the house of representatives [...]

Chevron (CVX) reported second quarter (June) earnings today and bested street consensus estimates.  Despite solid statistics released by the company, CVX gapped south during the normal market session open and ranged indecisively throughout intraday trading. Among the details with Chevron’s earnings report today was earnings per share (EPS) coming in at $3.85 dollars versus street [...]

Iron Mountain (IRM) stock dropped for a fifth consecutive day upon release of second quarter (June) earnings today.  The company announced earnings per share (EPS) of 32 cents, which was higher than the street consensus estimate of 29 cents for an overall bonus-gain of 3 cents. The company also announced revenue of $763 million dollars [...]

Citrix Systems reported second quarter (June) 2011 earnings today after the normal market session closed.  Despite announcing earnings that were somewhat in-line with overall consensus estimates, CTXS has plummeted during after-market trading after having already fallen beneath technical support of the 200-day simple moving average during normal market hours. The company reported earnings per share [...]