Talk about making a
(INDEXDJX:.DJI) rose to records after the Fed defied all allegedly
informed analysis and opted to continue its bond buying binge. On a
decidedly bad day for soothsayers,
) became the first ever
S&P 500 Index
(INDEXSP:.INX) issue to hit $1,000, which its purportedly
, a small medium at large, also clearly never saw coming. And
), which tumbled 2.86% after-hours on an earnings miss, should
surely similarly get out of the for-prophet forecasting game. In
days of yore it was, of course, one of the fabled "Four Horsemen of
the Internet," and our other equine friends did enjoy a fine day at
) rose to the highest level in its history, an honor matched by
), now up an astonishing 1,300% since the financial crisis. Its
headquarters are in the Headless Horseman headquarters of Tarrytown
and, for what it was worth (quite a lot, actually),
) jumped 4.48% in tandem. British bank
NYSE:LYG), of the
, gained 4.60%. And not to be left out, English grocery giant
(OTCMKTS:TSCDY) - whose
burgers taste suspiciously like horse
- is begun with a bullish "buy" rating this morning.
Today in economics, we get a trio of reports at 10:00 a.m. Eastern,
in the form of August leading indicators and existing-home sales,
and the Philadelphia Fed Survey for September. On the corporate
Pier 1 Imports
(SCHL) are all due to report results.
(ABC): Sterne Agee starts the stock at a Buy.
Destination XL Group
(DXLG) Shares are launched with a Buy at Lake Street.
(FB): More good news for the recently-surging stock, today begun
with a Buy recommendation and $52 price objective at CRT Capital.
The broker says mobile ad revenue is now at a run rate of over $3.6
(IHG): Societe Generale has a Buy on IHG.
Credit Suisse covers Dow member
(CSCO) at an Underperform. It has a fresh Fair Value on
(YHOO). Buys, meanwhile, are begun on
(GOOG) ($1,090 target price), and
(LNKD) ($302 price objective.)
): William Blair begins coverage on the stock, currently under
pressure, at Market Perform.
(OTCMKTS:SCHYY): HSBC Securities starts the stock at Overweight.
(OTCMKTS:TSCDY): As mentioned, the British grocery firm is a fresh
Buy at Nomura.
Stock Upgrades: Tony Hayward, of BP Infamy, Gets His Life
Back at Glencore Xstrata
Stock Downgrades: Dr Pepper Not Worth Its Salt