What a volatile week we had in the market! The Dow closed out the week Friday with a 281.42 point loss representing a 2.09% pullback in that index. The NASDAQ composite was even worse closing at 2,511.25 down 64.73 just on Friday alone, a loss of 64.73 points or 2.51% on the index.
Glad to see that week completed! I do not know how the market will move on Monday, this week, this month, or this year. I do know that I shall still maintain my investment strategy of monitoring my holdings closely, selling them quickly on losses, and slowly and partially on gains.
Shares of Chico's FAS (CHS) got a boost after the clothing retailer posted solid March same-store sales. For the five weeks ended April 7, the Chico's posted an increase of 5.2% in same-store sales...
Cowen upgraded Aaron Rents (NYSE: RNT) to Outperform from Neutral and believes the company's business model is gaining momentum despite the difficult environment. The firm views valuation as attractive.
Citigroup upgraded shares of MedCath (NASDAQ: MDTH) to Hold from Sell on valuation following the recent sell-off. The company's target was lowered to $9 from $19.
Stanford upgraded AeroVironment (NASDAQ: AVAV) to Buy from Hold based on valuation and b
UPGRADES:UBS upgrades Chico's FAS (NYSE: CHS) from Sell to Neutral.KeyBanc upgrades CBRL Group (Nasdaq: CBRL) from Underweight to Hold. Citi upgrades Medcath (Nasdaq: MDTH) from Sell to Hold.Pali Research upgrades Disney (NYSE: DIS) from Neutral to Buy. Price target $25. For daily real-time Upgrades go to http://www.streetinsider.com/UpgradesDOWNGRADES:UBS downgrades Coca-Cola (NYSE: KO) from Buy to Neutral with a $48 price target.UBS downgrades PepsiCo (NYSE: PEP) from Buy to Neutral with a $57 price target.UBS downgrades Kellogg (NYSE: K) from Buy to Neutral and cut their price target fr...
Everything Michael Phelps touches seems to turn to gold. Retailer Chico's FAS (CHS) has been down in the dumps since peaking in February 2006. But recently the stock has had a good run on the positive side. It is currently on a 10-day winning streak, closing the day higher 10 trading days in a row. In the chart below, the...
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About Chico's FAS Inc
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