Bullish Blog

Averages end day lower, but August is strong overall thanks to techs. Iran tensions push oil back to $70. Lockheed Martin wins moon vehicle contract; Bristol-Myers Squibb gets a big win on its Plavix patents. Retailers overall have an OK August.

AP - Wall Street ended an aimless session barely lower Thursday after investors shrugged off comments about productivity by Federal Reserve Chairman Ben Bernanke and awaited the government's August employment report. The major indexes ended August with gains.

Costco's top execs would have you believe that the economy's to blame for the club store's sales problems. Don't be so quick to believe them.

I'm buying shares of CytRx, which just received a big payment from a key nonprofit interested in a drug that would help fight Lou Gehrig's disease.

Iran worries keep oil above $70, but stocks rise modestly, helped by technology strength and lower interest rates. Costco dumped on disappointing outlook. Large domestic oil, gasoline supplies push energy stocks lower.

Reuters - Pan-European bourse operator Euronext said it would ask shareholders to vote in December on its merger plan with NYSE Group as it posted a surge in quarterly profits, albeit below analysts' forecasts.

Reuters - U.S. crude oil supplies rose more than expected last week as imports surged to their second highest on record, the federal government said on Wednesday.

AFP - European stock market operator Euronext has announced a 63-percent rise in net profit for the second quarter and said its proposed merger with the New York Stock Exchange would be finalised early next year.