S&P 500 Index
(^GSPC) ended off all of 0.03% last week, its most minuscule
percentage move since October 2010. This may sound mighty boring,
but Don Draper would no doubt encourage investors to "
." Not only was that slogan rated the single best advertising
campaign of the 20th century, but the firm that created it was just
involved in a $35.1 billion industry mega-merger. (And for good
), whose Beetle benefited enormously from the iconic copy, is today
begun with a bullish "buy" rating.)
Among stocks that bucked the lackluster action in spectacular
) surged 31%. That was its
Best Week Ever
, to quote a show which arrived on the scene as did the social
networking name in 2004. Faring less well was
), which nose-dived 19.92% - surely no way to honor a knight of the
realm, who once wrote a famous song of the same name, in the
week he turned 70
. Tears, crocodile or otherwise, were shed for
) as it tumbled 20.48%. This as a beleaguered hedge fund honcho
defiantly declared, "
It's my party, and I'll cry if I want to
Today in economics, June pending home sales are out at 10:00 a.m.
Eastern. On the earnings front, expect announcements out of
Plum Creek Timber
(RPRX): Brean Capital resumes Buy-rated research on RPRX.
3D Printing: Stratasys
3D Systems Corporation
(DDD) are each begun with Buys at Brean Capital.
(VSTM): Jefferies begins Buy-rated research.
): Shares of the German auto giant are up in Europe today after
Berenberg began coverage at a Buy.
Stock Upgrades: Publicis Groupe Gets Plaudits as Wall
Street Goes Gaga for Madison Avenue
Stock Downgrades: More Misery for Microsoft