It didn't take 20/20 hindsight to know the
(^DJI) would gain for a 20th straight Tuesday, certainly not after
the 20-city Case-Shiller home price index showed an ebullient real
estate market. Also boosting bourses was consumer confidence
highest level since February 2008
, an unimaginably distant age when markets actually occasionally
fell, and hard, on the week's second day
Even Messrs. Case and Shiller have been known, as all couples do,
have the occasional tiff
), up 3.95% at a fresh 52-week peak just in time for wedding
season, brooked no argument.
(^IXIC) is now up for 10 successive Tuesdays, matching a record it
set in 1972. Back then Watergate was just starting to stir and if
the current White House appears to be
uneasily reliving that era
, it could do worse than send for
) White House Station-based men in white coats. It rose 0.98% on a
) fell 5.88% and
) similarly failed to
dodge a banana skin
. It nosedived 6.36% as investors were somehow surprised that
, a show that was no great ratings shakes first time around, should
fare little better in its latest incarnation.
No top-tier economic data due today, but
The Fresh Market
(TR) are all expected to release results.
(ADI): Citing the company's impressive shareholder return policy,
Citigroup takes the tech stock to Buy from Neutral.
): Shares get raised to Strong Buy from Outperform at Raymond James
(DEG): The Belgian grocery giant gets upgraded to Overweight from
Neutral at JPMorgan.
(DNR): Credit Suisse raises its recommendation to Outperform from
(ENOC): The business services outfit, which fell 15.86% on Tuesday,
today gets a Strong Buy-from-Outperform upgrade at Raymond James.
(PANW): Pacific Crest takes the tech name to Outperform from Sector
(OTCMKTS:PEUGY): HSBC Securities hoists the French car company to
Neutral from Underweight.
(SONS): The tech name, which surged 7.08% yesterday, is now Buy
from Hold at Jefferies. Shares are, accordingly, showing further
strength ahead of this morning's opening bell.
New Stock Coverage: SeaWorld Set to Make a
Stock Downgrades: Javelin Mortgage Is a Falling