Mad Money host Jim Cramer shares his final thoughts of the day.» Read More
It may not be the bottom -- but it's *enough* of a bottom to get back into the market, says Scott Redler, chief strategic officer at T3live.com.
The new fed facility to buy commercial paper is a HUGE move in increasing liquidity in the marketplace. Also important: they are buying 3-month paper, a longer term than most commercial paper, so less rollover pressure.
Michael Yoshikami, president and chief investment strategist at YCMNET Advisors, says if we haven’t hit the market bottom already, we’re at least two-thirds of the way there.
Despite a belief that lowering rates may not do much, most traders disagree. Cutting rates is an attempt at reflation, and at this point that has become a major concern. Paying interest on reserves--which the Fed is now doing--is also a form of lowering rates.
The stock market is as oversold as it has been since the crash of 1987 and the broader market could be start to rebound until early next year, Marc Faber, editor and publisher of the Gloom Boom and Doom Report, said Tuesday.
Melissa's got one-third of her investments tied to the market. Can she count on seeing them when she retires in 15 years?
Don't get spooked out of this market, Joe Terranova says. Here's how to weather the storm.
Wachovia shares are down Monday on "crisis psychology" -- but hedge fund master Bill Ackman of Pershing Square is optimistic. He scooped up a 7 percent stake in Wachovia on the news that Citigroup would buy the troubled financial's banking business. And Wells Fargo's counterbid makes it all even better.
Maria Bartiromo discusses Monday's top business and financial stories, and looks ahead to tomorrow.
Throughout the majority of the day, there was a lack of bids which has become typical of the market in the last month: traders believed that most participants were forced sellers, so buyers saw little reason to participate.
China opened the door to short selling and margin trading. Morgan Stanley's Jerry Lou told CNBC what the new trade means for Chinese financial health -- and the fear of a global meltdown.
Three market predictions: Robin Griffiths at Cazenove Capital told CNBC he sees the euro falling to $1.30 — and possibly lower; the S&P 500 will continue to plummet; and gold may slip to $750 — before rallying toward $1,400.
What's wrong this time? While the weekend issue was the problem with the banking system in Europe, there is an even more immediate problem.
Amid the market melee, you may be starting to question the investment strategy behind your battered portfolio, but before you attempt any knee-jerk moves to mitigate risk, consider the impact an uber conservative investment stance might have on your ability to feather your nest egg.
Given the recent financial crisis, which has caused gigantic fluctuation in financial markets around the world, now is as good a time—or bad one—as it gets to re-asses where you stand on the risk spectrum and make sure your portfolio is well-allocated.
As European authorities renegotiated two bailouts this weekend, Europe is opening notably weaker today as most bourses are down about 4 percent; the UK and France hit a four-year low, France a two-year low.
During the crisis, so-called smart money seems to be avoiding three categories: index funds, dividend-paying companies and small-caps. On paper, that seems to make perfect sense. In fact, some of these ideas haven’t panned out, says the New York Times.
What happened to our rally? Stocks rallied going into the vote. The rescue bill passed a little after 1 pm ET, floor traders broke into applause and then spent the next half hour processing sell orders.
Art Hogan, managing director at Jefferies, advises investors to look at stocks that are ridiculously cheap.
That's not Wall Street! Here's the headline of the day: California might need emergency loan of $7 billion--unable to access routine short-term loans.