Chinese New Year is right around the corner, with the holiday beginning this Sunday. In the Cantonese dialect, many celebrate the New Year by saying "Gung Hay Fat Choy" – an expression that wishes prosperity on others. Investors are certainly hoping that prosperity will be in their fortunes in 2010 (or year 4708 in the Chinese calendar).
From the Greece accord today, to regulatory reform, to company forecasts, traders are no longer buying stocks on promises these days, but instead want action.
Beyond the fact that the U.S. stock market — off 7 percent from its 2010 high — is banking on the rescue of a country the size of Alabama, traders have their doubts this Greek bailout is the godsend we need.
On a whim and based on Darren Rovell's documentary on the with Sports Illustrated Swimsuit Issue, I did a quick scan on how the Dow and S&P performed in years that the magazine cover featured a blonde versus a brunette. You won't believe what I found...
Coca-Cola signifies the kind of stock that even rapid-fire traders are turning to for refuge in this volatile market.
With not many clear forecasts from executives to work on, analysts are taking it upon themselves to extrapolate those better than expected fourth quarter results forward.
U.S. stocks finished the first week of February on a negative note, led to the downside by the Dow Jones Industrial Average. This week, the Dow broke below the 10,000-mark, trading as low as 9,835.02 on Friday, its lowest level since November 5, 2009.
Dividend investors might have something to cheer about this year as the number of dividend increases is back on the rise.
The latest overall job loss numbers showed a loss of 20,000 jobs in January and an unemployment rate falling to 9.7%. The November and December numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
The market historically has outperformed when an original NFL team wins the Super Bowl and lags when an original AFL team wins. Last year was special, with both the Cardinals and the Steelers being members of the original NFL before the merger with the AFL in 1970. This year, we have a repeat, with both the Saints and the Colts hailing from the original NFL as well. Will we have another big year in the markets?
It's Groundhog Day, the day meteorologists turn to these furry little prognosticators to determine whether Spring will come early or we will have another 6 weeks of Winter.
The Dow Jones Industrial Average fell below a key support level and looks set to push lower toward 9,679 points in the short term, Royce Tostrams, technical analyst from Tostrams Groep, told CNBC Monday.
U.S. stocks finished January 2010 on a negative note, with all three major indices posting their worst monthly performance since February 2009.
U.S. stocks are on track to break a 10-month winning streak this month, closing January 2010 with their worst monthly performance since February 2009.
The bear market rally in the Dow Jones Industrial Average has already seen its highs and it looks set to fall toward 965 points over the coming weeks, Roelof van den Akker, technical analyst at ING Wholesale Banking, told CNBC Tuesday.
The markets today are building on this week's losses - looking to finish a poor week on a down note. Today's declines have now pushed the S&P 500 into the red for the year (down 0.8% YTD), and have also extended the year's losses for the Dow & Nasdaq (both down 1.2% YTD). Despite hitting 15-month highs just three days ago, the markets are set for their 3rd weekly decline in the just the past 4 weeks, with the Dow flirting with its worst week since last May.
Taxing and bashing banks is no way to run an economic recovery plan. Sure, banks made mistakes. And I still believe that no bank bonuses should be paid while the banks were under TARP. But they have paid TARP down. Right now we need the banks to service customers and expand loans when economic recovery moves into the credit-demand, loan-demand phase.
Jitters ahead of President Obama's financial reforms and concerns over tighter lending measures to curb inflation in China are weighing on the markets again today. With another round of losses today, the major indices are now sitting at their lowest levels of the new year.
Today marks the 1 year anniversary from President Obama's Inauguration last year. Here are how the markets stand 1 year later and compared to presidents from 1901 until today.
In a surprise move on Wednesday, Sony unveiled its Motion Controller technology, a direct competitive threat to Microsoft's Project Natal, and way, way ahead of schedule.