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Trade Idea of the Day Presented by: Wall Street Pit

Notable Upgrades: InvenSense Inc (INVN), Crocs, Inc. (CROX), Susquehanna Bancshares, Inc...

Shares of InvenSense Inc (INVN) are rising this morning after the stock was upgraded to ‘Strong Buy’ from ‘Buy’ by analysts at Needham. The firm, which has a $28 price target on the name, thinks the Street is undervaluing the company’s business with Apple (AAPL)... Read More

Emerging Money Daily Audio Call – October 1

Emerging Money Daily Audio Call Wednesday, October 1, here in the afternoon we are seeing emerging markets start to get down to key levels on the Emerging Markets ETF (EEM, quote) as we slice through the 200 and Friday. On the call we will give you a number of ways how we are trading emerging...

Reis: Office Vacancy Rate unchanged in Q3 at 16.8%

Reis released their Q3 2014 Office Vacancy survey this morning. Reis reported that the office vacancy rate was unchanged in Q3 compared to Q2 at 16.8%. This is down slightly from 16.9% in Q3 2013, and down from the cycle peak of 17.6%.From Reis Senior Economist Ryan Severino:The national...

ISM Manufacturing index declines to 56.6 in September

The ISM manufacturing index suggests slower expansion in September than in August. The PMI was at 56.6% in September, down from 59.0% in August. The employment index was at 54.6%, down from 58.1% in August, and the new orders index was at 60.0%, down from 66.7%.From the Institute for Supply...

Secret Service Head Resigns, Claims It Was "Noble Thing To Do"

Noting that is "in the best interest" of the US, Secret Service Director Julia Pierson has resigned following 'fence-jumper'-gate. While "disappointed" she could implement reforms (of her own policies?) she felt it was the "noble thing to do." In the full statement below, they are careful to...

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