Max King, investment strategist at Investec Asset Management, says strong earnings are causing the equity market rally.» Read More
Global stocks were mostly higher Thursday as recent selling pressure eased and safe-haven buying of the dollar and gold subsided, but reminders of the global economic gloom and financial sector woes kept investors cautious.
Stocks could see a volatile Thursday after Wednesday's relative calm with traders anxious to see if the market will pierce its lows.
For the second day in a row, the Dow again avoided closing below the November lows of 7552.27 Is the corporate debt market unfreezing?
The January housing starts number, at 466,000, was the worst in history. Really. The worst since records began in 1959.
As the situation has become more dire, and as bank stocks again swoon as regulators are descending upon the banks to begin collecting data for Treasury's "stress test," the word "nationalization" is being heard on the Street as a legitimate alternative to the plans that have been floated. It’s a sign of how worried—desperate—the Street has become.
After warning CNBC viewers not to follow Warren Buffett's recent stock moves, Jim Cramer goes into greater detail today about how Buffett was "selling America" last fall even as he publicly urged investors to buy American stocks.
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Investors looking to get ahead of the curve instead of catching the tail-end of trends should use the technical analysts’ tool of moving averages, Sandy Jadeja, chief market strategist at ODL Securities, told CNBC.
Housing starts were terrible, well below expectations (multifamily construction down 25 percent). The only good news is that 30-year mortgage rates dropped below 5 percent, according to the Mortgage Bankers Association.
Global stocks were mixed Wednesday, a day after US President Barack Obama signed off on the $787 stimulus bill. Experts on CNBC said that although defensives were hot property last year, they are too pricey this year.
Investors looking for havens to hide their cash are faced with only “ghoulish” options, but the Swiss franc, German Bobl and silver are the best of a bad bunch, Nicole Elliott, technical analyst from Mizuho Corporate Bank, told CNBC.
The euro rebounded Wednesday after falling to 2-1/2 month lows against the dollar the previous day. Gold also traded higher, above $970 an ounce, as investors steered clear of stocks on global economy worries.
For far too long, we as a nation neglected to save for a rainy day. But it’s no longer raining – it’s pouring – and our attitudes are changing.
CNBC Mad Money host Jim Cramer doesn't like what he sees in Warren Buffett's latest stock moves for Berkshire Hathaway, and doesn't think ordinary investors should follow the Omaha billionaire's lead this time around. Buffett has "the luxury of being wrong. The rest of us do not."
The Obama Administration's plan to stem foreclosures and the Fed's latest view on the economy are two powerful catalysts for markets Wednesday.
We have seen these days often in the past month. Stocks start lower on heavy volume (it looked like we might do 2 billion shares at the NYSE at the open), but very quickly the selling pressure eased, and an old-fashioned buyers strike ensued.
NOT SEEN ON T.V.: No matter what's happening in the economy or the markets, some basic rules of investing don't change.
Bill Losey on how to protect your 401(k) if your money manager is in financial trouble.
float: left;display: inline; font-size:11px; font-face:Arial; border: 1px solid #CCC; line-height:12px; margin-right: 15px; width:100px;/CNBC/Sections/News_And_Analysis/__Story_Inserts/Bylines_VanityPlates/Vanity Plates/_images/Farr_Michael_2010_100.jpg110010000truehttp://msnbcmedia.msn.comfalse1Pfalsefalse left/CNBC/Components/Images/spacer.gif1106500lefttruehttp://icnbc.msnbc.msn.comfalsePfalsefalse Michael Farr PresidentFarr, Miller & Washington, LLCWe don't know if this is the bottom. It feels awful. Remember, we made three seperate lows in 2002 -2003. The market was around 7,700 and rallied over the next 4 years to 14,200. It felt like repeated gut punches at each '02-03 low. Today feels like another shot to the gut.
We are at the November lows, the hope now is that a final capitulation in second half earnings will create a new low that may be the bottom we need.