Investment Strategy


  • S&P Closes at 17-Month High Above 1,150 Thursday, 11 Mar 2010 | 5:26 PM ET

    Stocks rallied in the final hour of trading Thursday, pushing the S&P to a 17-month high above 1,150. Banks finished strong, with Citi up over 5 percent.

  • Pisani: S&P 500 Closes at 52-Week High Thursday, 11 Mar 2010 | 5:17 PM ET

    S&P 500 closes at 1150.24, a 52-week high. One of the last technical hurdles was breached at the close today, as the S&P 500 closed at its highest level since October 1, 2008. The big cap index has now joined the Nasdaq, Russell 2000 and S&P Midcap, all at new highs. How strong has this slow melt-up been?

  • Pisani: Financial Reform Is in Trouble Thursday, 11 Mar 2010 | 5:01 PM ET

    Financial reform is in trouble. The Democrats going their own way on financial reform makes the whole effort more problematic. The death of financial reform would be a short term positive for bank stocks (market views lack of change as good, no matter what is passed it will hurt earnings) but in the long run a negative, as these businesses need a more comprehensive regulatory structure. Why..?

  • Since the lows of March 2009, Goldman Sachs has moved up more than 80 percent while Citigroup jumped over 160 percent. Do these stocks have further room for growth? Christopher Whalen, senior vice president and managing director at Institutional Risk Analytics, and Jeffery Harte, managing director in equity research at Sandler O’Neill, shared their insights.

  • U.S. mortgage applications inched higher this month, the Dow Jones real estate index rose 114 percent since the 2009 March lows and foreclosure filings rose 6 percent in February from a year ago, the smallest increase in four years. Is the real estate sector the place to invest again? Jay Leupp, senior portfolio manager at Grubb & Ellis, and Paul Curbo, portfolio manager at Invesco AIM, discussed their sector insights.

  • Pisani: Another Big Week for Corp. Bond Issuance Thursday, 11 Mar 2010 | 3:34 PM ET

    This has been another big week for bond issuance...on the heels of the successful Citigroup sale of trust preferreds (a hybrid instrument), Bank of America, GMAC, Novartis Capital, DirecTV, MGM Mirage and Royal Bank of Scotland have all sold bonds this week. Prices have dramatically improved: MGM, for instance, sold $845 million in notes Tuesday night at a yield of only 9 percent.

  • The Best Lesson From the Market Correction Thursday, 11 Mar 2010 | 1:32 PM ET

    It's been a year since the market bottomed. The Dow is up 61% since then. A newspaper stock outperformed discount giant Wal-Mart. What has it all taught us? Take a good look in the mirror, buddy.

  • Markets slid slightly at the open on Thursday, after weekly jobless claims fell less than analysts had anticipated. How should investors be positioned? David Joy, chief market strategist at RiverSource Investments, and James Paulsen, chief investment strategist at Wells Capital Management, shared their market insights.

  • Stocks Open Lower; Citi Rises Again Thursday, 11 Mar 2010 | 10:16 AM ET

    Stocks slipped at the open Thursday after the government said weekly jobless claims fell but not as much as analysts had anticipated.

  • Stock Picker: Tech Sector 'Reboot' Creating New Winners Thursday, 11 Mar 2010 | 9:47 AM ET

    Ten years ago, the Nasdaq hit its all time high of near 5,048 in the midst of the tech bubble. Today, the index is currently trading near 1143 so does it have further room for growth? Andy Hargreaves, senior research analyst at Pacific Crest Securities, and Paul Kedrosky, senior fellow at Kauffman Foundation and a CNBC contributor, shared their stock picks and sector plays.

  • Futures Slide After Letdown From Jobs Thursday, 11 Mar 2010 | 8:43 AM ET

    Stock index futures were treading water Thursday after posting a slight a gain Wednesday on the back of gains in financial stocks.

  • Fast Food Firm Sees Options Upside on Upgrades Thursday, 11 Mar 2010 | 7:47 AM ET

    Yum Brands is attracting some upside option activity after seeing two upgrades in as many days.

  • Market Tips: Go Long on China's Growth Thursday, 11 Mar 2010 | 6:07 AM ET

    Global stocks were mixed on Thursday as data showing Chinese inflation rose to a 16-month high in February spurred policy tightening talk. But experts told CNBC investors should buy stocks related to the Asian growth story.

  • Financial shares have been on a tear this week, especially the companies that were hit hardest during the financial crisis, leading analysts to believe stocks may be setting up for a spring fling.

  • Stocks End Higher, Led by Banks Wednesday, 10 Mar 2010 | 5:38 PM ET

    Stocks ended higher Wednesday, led by financials as the sector got a shot of confidence from a well-known analyst -- and investors. Staples and telecoms were the biggest decliners.

  • Pisani: Citi Announces Terms of Trust Preferred Offering Wednesday, 10 Mar 2010 | 5:25 PM ET

    Citigroup did (finally!) announce the terms of its trust preferred offering: $2 billion (80 million shares), par $25, at a yield of 8.5 percent.  The surprise here is the yield: 8.5 percent, less than the 8.875 percent that traders had been told last night. Demand was much stronger than expected, resulting in a lower yield than initially telegraphed.

  • Stock Picker: Baltic Dry Index Still a Good Indicator Wednesday, 10 Mar 2010 | 3:56 PM ET

    The Baltic Dry Index, a leading economic indicator used by market insiders to gauge global demand for dry commodities, is up over 20 percent in the past month. While some critics have claimed that the index is an inaccurate measure, Omar Nokta, head of research for marine transport at Dahlman Rose, said it still remains reliable.

  • Is now the time to invest in banks? Michael Farr, president of Farr, Miller & Washington and CNBC contributor and Anton Schutz, portfolio manager at Burnham Financial Industries Fund discussed their outlooks and picks.

  • Why WaMu Stock Has Soared: It's a 'Cheap Lottery Ticket' Wednesday, 10 Mar 2010 | 2:24 PM ET

    Washington Mutual, known mostly as the biggest bank failure in US history, also has been a darling of stock market gamblers.

  • Pisani: The Real Reason Financials Are Gaining Wednesday, 10 Mar 2010 | 2:01 PM ET

    The big moves up in select financials has a confusing number of possible reasons — but concentrate on the most important one.