Some of the names on the move ahead of the open.» Read More
Talk about a busy day: we have Mr. Bernanke testifying, Treasury Secretary Geithner speaking, the Senate voting on the stimulus bill, and a huge Treasury auction at 1 PM.
Tuesday is perhaps one of the most pivotal news days for the economy in months. Markets finally get to cast a vote on the Obama Administration's new bank rescue plan, the subject of much speculation for the past several weeks.
A beautiful day for our parent company. General Electric up nearly 14 percent, its best one-day gain since at least 1962.
The big issue this week is 1) how much of the "stew" of TALF, TARP, stimulus, aggregator bank actually becomes real, and 2) how many traders will end up believing that this creates some kind of bottom in the economy, so it's safer to buy stocks, or at least stop shorting them?
NOT SEEN ON T.V.: CFP June Walbert reveals what sort of behavior to look out for.
I said last week that a small but persistent group was starting to believe that the "stew" of TARP, TALF, stimulus and other Treasury action would help create a bottom in the economy, and that if that was the case shorting of banks and consumer discretionary would be riskier in the near future.
As central banks around the world race to cut interest rates to historic lows and try to stimulate growth through domestic spending, the risk of future inflation grows larger.
Western stock markets have been experiencing a sucker's rally, but the Shanghai market might be the real thing, Robin Griffiths, technical strategist from Cazenove Capital, told CNBC.
Stocks got a lift from optimism that the government's bank bailout and stimulus plans will help mend the economy, but the question for investors in the coming week is whether the market is getting ahead of itself.
If there's anything CEOs need right now, it's more education about how to deal with the unprecedented changes that are occurring in the world.
Stocks rallied on the hopes that the "stew" of TARP, TALF, Geithner, stimulus and mark-to-market talk might gel into something palatable, something that will help stabilize the economy.
Some traders are starting to think that the "stew" of stimulus, TALF, TARP, and Geithner might stabilize the economy, or at least convince more that the bottom is somewhere in sight.
If you're this young, you can afford to be aggressive with your 401(k), says Bill Losey.
The Chinese stock market is leaving its Western counterparts in the dust as it emerges from the ongoing bear market first, Puru Saxena, chief executive from Puru Saxena Wealth Management, told CNBC.
It's buy the rumor on the stimulus package, the Geithner package, and hopes that mark-to-market will be modified.
Futures moved in a 10-point range (up and down 5 points) within minutes of the non-farm payroll reports at 8:30, which reported a loss of 598,000 jobs.
Corporate credit exchange-traded funds (ETFs) are replacing commodity ETFs, reflecting the plunge in commodities prices compared with last year, Dan Draper, head of global ETFs at Lyxor Asset Management, told CNBC.
Billionaire investor Warren Buffett has led the charge into the battered stock market of late by making large acquisitions at a time when most investors are fiercely protecting their cash. One analyst told CNBC that even though he is suffering some heavy losses in the short term, the strategy will pay off.
Stocks will take their cue from the jobs report Friday, but it's the news from Washington that could once more drive the market.
Hope for clarity on government programs moved stocks today. Several key events made it clear we are starting to approach the endgame on government programs.