Good news from Apple should be a positive for stocks, as five Dow stocks and dozens of other major firms report earnings Tuesday.» Read More
Since December 22nd, GLD has been bouncing back from a steep and swift sell-off from its early December peak. The question is, can it recover or will it fail to make new highs in 2010?
If you haven’t maxed out your 401k/403b contributions at work, you are eligible to take advantage of what is known as the catch-up provision. In essence, if you haven’t saved as much as legally possible every year you’ve been working, you are able to contribute an extra $5,500 per year (over and above the legal limit - $16,500) into your retirement plan in 2010.
S&P regains half of bear market losses. It may not be exciting, but the S&P 500 has gained 1.9 percent in the first two trading days of the year. More importantly, we have retraced 50 percent of the losses in the bear market that occurred from the all-time high for the S&P 500 (1,576 on Oct 11, 2007) to the market low (666 on March 6, 2009). The 50 percent retracement was 1,116.
"The mass of men lead lives of quiet desperation" said Henry David Thoreau. The Conference Board said on Tuesday that 45% of Americans are unhappy in their jobs. I don't know if that qualifies as "the mass of men", but it's a lot and probably not surprising given the economic circumstances the nation finds itself in.
Some slight selling pressure in Europe pushes stock index futures lower Wednesday, but the open should be dictated by a couple of employment-related economic reports out before the bell.
With many financial centers experiencing the icy winds of winter, investors thoughts seem to be turning to the most basic of basic resources – the kind of commodities that you can eat and the ones that will keep you warm. And market experts tell CNBC that those commodities are set to make a healthy return as well.
Markets are hanging on Friday's December employment report, which some economists say could show job growth for the first time in two years.
We’re about halfway through the "dividend season" but two strategists say it’s not too late to cash in. Joseph Keating, CIO of Private Asset Management at RBC Bank, and Don Taylor, portfolio manager of Franklin Rising Dividend Funds, offered their best dividend plays.
The S&P finished higher Tuesday as Ford shares soared after better-than-expected sales. The Dow ended slightly lower after a sharp drop in pending-home sales. Financials had a strong day, with Bank of America finishing near the top of the Dow pack.
IBM stock closed out 2009 by hitting a 10-year high. Will they surge on again this year? Toni Sacconaghi, senior research analyst at Sanford C. Bernstein shared his insights.
Perhaps the worst kept secret was the release of Google's smartphone. The "Nexus One" was unveiled this afternoon, with the technology titan billing it as the "next stage in the evolution of the Android phone".
Try as they might to put on a brave face, Kraft management cannot be pleased that Warren Buffett chose to go public with his opposition to the company’s plan to issue up to 370 million shares to facilitate the purchase of Cadbury.
Who is ahead in the smartphone war and which stocks are riding it? Benjamin Schacter, Internet analyst at Broadpoint AmTech, and Pip Coburn, founder and CEO of Coburn Ventures, offered their views—and stock calls.
"Most of us don't realize the fact that the markets can go one way and the economy can go the other way," one expert said. "Bull markets are born on bad news and die on good news."
The NYSE Consolidated Tape volume (all trading in all NYSE stocks on all exchanges), was 4.1 billion shares yesterday, pretty anemic considering that we averaged over 5 billion shares a day in 2009.
The S&P ticked higher Tuesday as Ford shares hit a four-year high after posting better-than-expected sales. The Dow remained slightly lower after a report showed pending-home sales fell much more sharply than expected.
Which financials will break out as leaders in 2010? Christopher Whalen, senior vice president and managing director of Institutional Risk Analytics, and Jack Ablin, executive VP and CIO of Harris Private Bank, shared their bank sector outlooks.
Corporate debt and equities both saw strong performances in 2009 so what should investors expect for 2010? Sam Stovall, chief investment strategist at Standard & Poor’s, shared his view.
Stocks retreated Tuesday as pending-home sales fell much more sharply than expected. This came after a strong first trading day of 2010.
Time magazine's Man of the Year Ben Bernanke gave a speech this past weekend, and at first I thought he was defending the excessively loose monetary policy that led to the recent crisis.