Stocks quoted in this article:
Stocks made progress again this week -- despite some lackluster economic data -- with the S&P 500 Index (SPX) resuming its quest for record highs. With the major market indexes cooling their jets this afternoon, here's a round-up of some of the must-read stories we covered during the holiday-shortened week.
- The bond market was on the collective radar this week, and our founder and CEO Bernie Schaeffer pointed out the "phenomenon" in 10-year yields.
- Apple Inc. (NASDAQ:AAPL) touched a new annual high in each of the past seven sessions, and the now-confirmed owner of Beats Electronics didn't go unnoticed by the analyst community.
- Microsoft Corporation (NASDAQ:MSFT) option players exploited relatively low premiums (though money is apparently no object to former MSFT CEO and new L.A. Clippers owner Steve Ballmer).
- Hillshire Brands Co (NYSE:HSH) found itself in a proverbial love triangle with Tyson Foods, Inc. (NYSE:TSN) and Pilgrim's Pride Corporation (NASDAQ:PPC), catapulting HSH to record highs.
- On the other hand, Pfizer Inc. (NYSE:PFE) finally decided to kick rocks after failed attempts to woo AstraZeneca plc (ADR) (NYSE:AZN).
- The market's "fear gauge" spent the entire week south of 12. Schaeffer's contributor Adam Warner weighed in on what the "low" CBOE Volatility Index (VIX) could mean for stocks.
- Ford Motor Company (NYSE:F) options were hot ahead of next week's sales numbers.
- Software developers Adobe Systems Incorporated (NASDAQ:ADBE) and Autodesk, Inc. (NASDAQ:ADSK) duked it out in the latest edition of Brand Face-Off.