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The market is now doing exactly what it should be doing on the key analyst upgrades we saw this morning. Lots of attention to the usual big names are helping lift the markets despite some poor earnings results to kick off the first of several big earnings weeks.
Bullish
Analyst Upgrades: Every upgrade we reported this morning is trading higher. The list includes Best Buy(BBY Quote), Goldman Sachs(GS Quote), Rockwell Automation(ROK Quote), W.W. Grainger(GWW Quote), Discover Financial(DFS Quote), Marriott International(MAR Quote), Everest Re Group(RE Quote), Sandisk(SNDK Quote), TD Ameritrade(AMTD Quote), Computer Sciences(CSC Quote), CSX Corp(CSX Quote), Google(GOOG Quote), Johnson & Johnson(JNJ Quote), PNC Bank(PNC Quote), Charles Schwab(SCHW Quote) and Wells Fargo(WFC Quote). Even some analyst downgrades are higher, such as CME Group(CME Quote) and Intercontinental Exchange(ICE Quote).
Financials: This morning's numerous upgrades are spurring buying throughout the sector. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,329.95 | 1,113.16 | 2,233.03 | 36.05 |
Oil *
74.27
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UP
1.06
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UP
10.69
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UP
21.34
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UP
0.59
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10 Yr
3.60%
SPDR Gold
108.95
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+0.01%
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+0.97%
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+0.96%
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+1.66%
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