November 18, 2018

Early gap up fades, XLE leads lower

Index & Sector performance 4/21/15 The Market: The Nasdaq (QQQ) was the only sector that managed to finish the session higher while the Blue Chip Dow (DIA) was the leader to the downside. After spending the majority of the year down, Energy (XLE) has recently rallied to up YTD but there was no optimism today as the sector finished over 1% lower.  Also finishing lower was Utilities (XLU) down 0.89%, Materials (XLB) down 0.74%, and Financials (XLF) down 0.50%.  Today’s clear leader was HeathCare (XLV) which managed to close up 0.68% on the session. No tracked Economic data yesterday or today…

S&P snaps 2 day losing streak

Index & Sector performance 2/10/15 The Market: The S&P 500 snapped a 2 day losing streak with a solid rally closing up over 1% on the session while the NASDAQ led the charge finishing up over 1.50% helped by Apple (AAPL) which closed at a fresh all time highs.  The Russell 2000 (IWM) was the laggard but still managed to finish up 0.67%. All the sectors on the WSC Scoreboard were higher with the exception of Energy (XLE) which was taking its cue from Crude’s slide today after running into the 50 day SMA.  Utilities (XLU) was the biggest gainer…

Hasbro (HAS)

Hasbro received an upgrade to Buy today at Needham with a $52 price target after announcing their 2nd Quarter earnings report before the open on 7/22. HAS’ report provided corporate updates like an increase in emerging markets like Brazil, China and Russia.  The company announced an increase in their merchandising relationship with Disney (DIS) and the company is continuing to target $100M in annual savings by 2015. Amongst all those positive events, HAS reported EPS of 29c which was below the 34c consensus estimates and did so on much lower than expected revenue of $766.3M when $794.71M was expected. If…