On the day Maria Bartiromo went from Closing Bell to Opening Bell
, stocks badly missed the "money honey's" Midas touch at the end of trading. The S&P 500 Index
(INDEXSP:.INX), having started strongly and hit a historic intraday high of 1,858.71, faded late on to finish just shy of its earlier exalted level. Still, Nasdaq
(INDEXNASDAQ:.IXIC) reached its loftiest since April of 2000, way back when all-powerful Microsoft
(NASDAQ:MSFT) and Napster
were each about to take over the world. (It was indeed a long time ago.) Dallas
, which yesterday had its season premiere, continues to do J.R. proud, with jackpot winner Chevron
(NYSE:CVX) adding on 1.30% as oil, already up for six straight weeks, advanced again. The silver-spooned Ewings from Southfork -- coming soon to a gas station near you
(NASDAQ:FB) surged 3.19% to a fresh best after Mark Zuckerberg warned against making snap judgments about the $19 billion wisdom buying of WhatsApp. He appropriately did so in Barcelona, where they have been working on Antoni Gaudi's incomparable Sagrada Familia ever since 1882. Sometimes, slow and steady wins the race. And Ben Bernanke is writing a book
about our recent financial calamity and resultant recession. His previous upbeat tomes include "Essays on the Great Depression," published in the stock market's utterly calamitous year of 2000. Little wonder that Forest Labs
(NYSE:FRX), maker of anti-depression blockbuster Lexapro, brushed off a rating reduction
to gain 1.41% in ending at a new record.
Today in economics, the Conference Board's consumer sentiment survey for February is forecast to fall at 10:00 a.m. Eastern. On the earnings front, American Tower
(NYSE:AMT), First Solar
(NASDAQ:FSLR), Home Depot
(NYSE:HD), and T-Mobile
(NYSE:TMUS) all release results.
(NASDAQ:ADBE): Susquehanna starts the Acrobat owner, recently trading atop historic highs, at a Positive. Its price objective is $83.
(NASDAQ:CARA): Shares are picked up at Overweight by Piper Jaffray, whose target price is $23.
(NYSE:CST): Credit Suisse covers the company, hitherto known as Corner Store Holdings, at Underperform. Its objective is $29.
Delta Air Lines
(NYSE:DAL): The stock gets begun with a Buy at Stifel, whose target is $40.
(NYSE:BLOX): Deutsche Bank assigns a Buy on the equity, sending it up impressively in today's pre-market trading.
(NYSE:SNOW): SNOW is a new Neutral at Goldman Sachs but Bank of America-Merrill Lynch (Buy with an $18 target price) is more bullish.
(NASDAQ:MBUU): This recent initial public offering is an Outperform at BMO Capital ($22 target), a Buy at SunTrust ($23), and an Outperform with Wells Fargo.
(NYSE:LUV): LUV is launched with a lukewarm Hold at Stifel, which notes that it currently trades at a P/E (Price/Earnings) premium to competitors.
(NYSE:VZ): In transitioning its analyst coverage, JPMorgan rates the telecom titan -- yesterday's poorest-performing Dow
(INDEXDJX:.DJI) component with a 2.20% tumble -- an Overweight. The price objective is $57.
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No positions in stocks mentioned.
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