In a note to clients, Goldman Sachs provided its investment outlook for the rest of the year, reiterating high valuations and tepid gains ahead.» Read More
Novellus is seeing strong call activity — even though its shares are trading lower as takeover rumors are circulating on the trading floors. More than 7,000 calls traded against 575 puts this morning, dwarfing the average December call volume of 810 contracts per day. Volume was also heavy in the NVLS shares themselves.
Stocks fell sharply Wednesday amid more dismal news on the employment front as Alcoa announced huge job cuts and Intel slashed its revenue forecast.
Jeff Auxier of Auxier Asset Management will tell you a time of trouble for good companies is a good time for investors to buy their shares. "For a long-term investor, it's a great opportunity to buy mis-appraised companies," he told CNBC.
Rafael Resendes of the Toreador Large Cap Value Fund sees the stock market changing from a momentum-driven market to a valuation-driven one. He names a number of stocks that he feels are very well positioned.
Stock futures stumbled on more dismal news on the employment front, with a Dow component announcing severe cuts and separate reports painting a dismal picture of the broader economy.
Traders were snapping up calls in Ciena as the networking company's shares jumped more than 18 percent yesterday.
The bulls outweigh the bears on options trading for Cisco Systems, a day before the networking company is to unveil new consumer products and initiatives at the Consumer Electronics Show in Las Vegas.
Bob Doll has made a dozen predictions for the economy in 2009, and, along the way, revealed what sectors he especially likes in the new year.
Adobe Systems is up nearly 5 percent Tuesday — and continues to see call activity. The call buying began around a week ago, when we reported volume approaching four times the daily average for the maker of Photostop, Flash, and other popular software. Today, trading continued to surge...
The promise of an Obama stimulus package has raised hopes that the battered housing sector will soon stabilize. That's encouraged investors to buy home builder stocks — but Ivy Zelman of Zelman and Associates warns investors to be very selective.
Tatsuya Mizuno, director of corporates at Fitch Ratings, predicts that the global automobile industry will remain weak for another two to three years. But he sees one somewhat bright spot amid the sector gloom.
Stocks snapped a three-day winning streak Monday as traders cashed in some of their chips from last week's rally following some dismal reports on the telecom and financial sectors.
Options trading is active in three major casino stocks that have all seen large double-digit gains in the last few days.
Stocks turned mixed Monday, the second day of trading in the new year, as a construction report came in much better than expected, as did U.S. auto sales. Stocks started off the day sharply lower as investors cashed in some of their chips after last week's rally that pushed the Dow up more than 6 percent and past the key 9,000 mark.
MarkWest Energy is up nearly 17 percent and has attracted the attention of options traders. Traders have been buying calls for the last week in natural gas company, which is near its highs of the session at $11.10 at midday. The January 10 calls are trading at $1.20.
RidgeWorth Capital Management's Alan Gayle thinks it's time to move up the risk gauge — in both stocks and bonds.
Stocks declined Monday, the second day of trading in the new year, after a rally last week that pushed the Dow up more than 6 percent and past the key 9,000 mark. A report that showed construction spending fell by half of what was expected helped shave some of the loss.
Wall Street looked set to open lower in the second day of trading of the year after Friday's rebound, with investors expected to take some profits following the Dow's rise to more than 9,000.
A W-shaped recovery is more likely than a V-shaped one this year, and stocks look relatively attractive compared to other asset classes such as bonds, Juerg Zingg, managing partner at Q Investments, told CNBC.
Stocks rebounded Friday as investors displayed some optimism for the new year, scooping up bargains in the consumer discretionary and energy sectors. The Dow ended above 9,000 for the first time since early November.