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Politics Barack Obama

  • Stocks off their highs, and no surprise. Mid-afternoon Tuesday, and just like yesterday (and many other days), when there are modest gains on light volume...closing out positions usually means stocks drift lower. We drifted higher throughout the day on very mixed news...But professional traders have become largely momentum traders, and they don't like the momentum.

  • Winterizing Your Portfolio - A CNBC Special Report

    Stocks bounced back Tuesday after a report showed consumer confidence rose for a third straight month.  Travelers led the Dow after beating earnings expectations.

  • The Supreme Court’s decision to treat business entities as “people” has fired up political pundits and lobbyists on all sides, writes William Dunkelberg, Economics Professor at Temple University.

  • Winterizing Your Portfolio - A CNBC Special Report

    Stocks bounced back Tuesday after a report showed consumer confidence rose for a third straight month.  Travelers led the Dow after beating earnings expectations.

  • President Barack Obama

    President Obama came to Washington with the contradictory message that the federal government had both spent like drunken sailors and starved federal programs of necessary funding. Something was going to have to give. Or not.

  • It looks like Ben will get the votes necessary for another four year term, but at what cost? Harry Reid, he of the Senator Ben Nelson of Nebraska deal to sell 49 states down the Medicaid road to get one Senator's vote, alleged to have extracted a promise from Bernanke that Ben take additional steps to increase the flow of credit to the middle class.

  • President Barack Obama may have just spiced up the debate about global banking regulation, but the prospects for success for the president’s latest initiative remain mired in the challenge of a combative Congress and a fierce Wall Street lobby.

  • Winterizing Your Portfolio - A CNBC Special Report

    U.S. stock index futures indicated a lower open for Wall Street Tuesday, with stock markets in Asia and Europe knocked down by news of monetary tightening in China.

  • The World Economic Forum's closely watched Global Risks report says there's a "significant chance" of a second financial crisis, but, hey, things are looking a lot better than they were at this time last year.

  • What exactly did Ben Bernanke promise Senate Democratic leader Harry Reid? That’s the big question right now. Reid reluctantly endorsed Bernanke after a one-on-one meeting. Here’s what Reid said, according to the Las Vegas Sun: “I made it clear that to merit confirmation, chairman Bernanke must redouble his efforts to ensure families can access the credit they need to buy or keep their home, send their children to college, or start a small business.”

  • Greece: There's good and bad news on the 5-year note auction. The good news is that Greece got the deal done and was well oversubscribed to boot. The bad news is it came at a high yield of 6.2 percent.

  • Bernanke may be reconfirmed, but stock traders feel that significant damage has already been done to the perception of the Fed's independence. Traders fear that after this blame-the-Fed-for-everything populist uprising, both the Fed AND Treasury will get more political. The biggest worry now..?

  • President Obama

    President Barack Obama on Monday  proposed  a package of new initiatives aimed at helping middle-class families, including expanded child-care tax credit and help with retirement savings.

  • Behavioral scientists are having a field day with this behavior and one professor states these borrowers are suffering from "norm asymmetry.

  • Markets trading up as concerns over Bernanke's reconfirmation have eased — and also because of good news out of Greece. Greece did get the 5-year note auction off this morning. Demand was strong...

  • President Barack Obama

    Now the President's legislative agenda is in pieces. He had delayed this week's State of the Union address so he could highlight the health care program he hoped to have passed.

  • Ben Bernanke, Federal Reserve Chairman

    A Democrat and a Republican issued a statement predicting the Senate will confirm Ben Bernanke as chairman of the Federal Reserve, hoping to quell doubts that have shaken markets.

  • If you don’t trim your winnings from these three stocks, you’re just being greedy.

  • Plus, Mad Money’s stock strategies to sidestep the administration’s agenda.

  • Tough end to the week. For the first time in months, the last two days has seen some notable call buying in the CBOE Volatility Index (VIX) — in other words, traders are buying volatility. Also a notable uptick in the put/call ratio (the ratio of put buying to call option buying). Why?