When Michael J. Fox, that perpetually youthful money-making teen
, finds himself
on the front cover of AARP Magazine
, maybe it's a sign that the record run in equities has finally
become old. Thus did the
(^GSPC) fall after setting five straight historic highs.
Among standout stocks
) - clearly
doing better than baseball's richest team
- surged, but there was more woe for the "Yankees of soccer."
) took its two-day tumble to 4.04% following the retirement of its
manager. Supporters of Liverpool, the English team's bitterest
rivals, can't afford to be too cocky, however. They literally
lost their shirts
(OTCMKTS:SCBFF), which slid 2.67% on a
hat-trick of downgrades
Today sees the eagerly anticipated opening of
The Great Gatsby
in movie theaters. F. Scott Fitzgerald once memorably remarked that
"there are no second acts in American lives," so rest assured that
there is absolutely no danger of margin debt - a key cause of the
Crash of '29 -
returning to haunt us
ever again. A quiet week in economic data concludes with no
top-tier data due on today's docket. In earnings action,
(OTCMKTS:UNCFF) are all expected to announce results.
): BMO Capital Markets begins Outperform rated research on the
maker of Botox.
(MYL) are each only Underperform at BMO Capital but the broker
(TEVA) a bullish Outperform.
Long-Term Care Facilities
: Wells Fargo has an Outperform on
(ESC) but is less upbeat on Market Perform rated
Software & Services
(ININ) is a new Neutral with Wedbush, which rates
(JCOM) an Outperform.
(SPLK): Shares are begun with a Perform and $45 price objective at
FBR Capital, which advises waiting until its valuation becomes more
(DDD): The stock is a new Buy at Janney.
(WDAY): Shares are an Outperform at Oppenheimer, whose target is
$80. Catalysts include an impressive management team.
Stock Upgrades: American Water Works Will Make You
Stock Downgrades: Dean Foods Cries Over Spilled