Some of the names on the move ahead of the open.» Read More
Following are the day’s biggest winners and losers. Find out why shares of General Motors and Amazon popped while Newmont Mining and Alpha Natural Resources dropped.
As every week, the Fast Money crew takes a look back at some of their less-accurate trades and plays. After all, as Dylan remarks, "nobody says they're perfect around here."
What can be expected as earnings season begins for the retailers? It was a rough start, with lower-than-expected numbers released yesterday. But with the downward movement of oil and the strengthening US dollar, retail may see an upswing.
Stocks could sprint higher into the coming week, as a strengthening dollar and declining commodities prices encourage buyers hoping for a reprieve from inflation.
Karen Finerman of the Fast Money team joins Dylan Ratigan for the last Final Call of the week, and their discussion revolves on how oil has "jerked around" retailers.
Here's the Thursday edition of the Fast Money Final Trade. The crew presents tomorrow's best trades, right now!
"[The] stock market: a loser across the board. It was a loser early, it stayed a loser and became a bigger loser as the day went on," Dylan summed up Thursday's trading with that one statement, as AIG and Wal-mart lead the Dow's one-day, 225-point dive. A few lone tech stocks were the only winners in an otherwise distressed market. Adding to the bearish environment was the morning's new jobless claim numbers, the highest reported in several months.
Early July sales results from retailers have been disappointing, with many falling short of analyst estimates. It also appears that the benefit from tax rebate checks is beginning to wane.
Futures are down nearly 10 points, not surprising given AIG, a strange but generally disappointing retail sales report, and jobless claims higher than expected.
Here's our Fast Money Final Trade. Tomorrow's best trades, right now!
Investors will get a glimpse of how much cash-strapped consumers are willing to spend in the key back-to-school shopping season when major U.S. retail chains release July sales results Thursday.
Dylan Ratigan says the oil plunge is helping consumer stocks.
Following are the week’s biggest winners and losers. Find out why shares of T. Rowe Price and Honda popped while General Motors and Costco dropped.
Stocks pulled off modest gains Friday as enthusiasm for some better-than-expected economic reports outshined a warning from S&P of a possible downgrade on Fannie Mae and Freddie Mac.
Stocks wobbled Friday as investors weighed a potential S&P downgrade on Fannie Mae and Freddie Mac against some encouraging economic reports, including consumer confidence and durable-goods orders.
Stocks rose Friday after some robust economic data, including a rebound in consumer confidence and an unexpected increase in durable-goods orders.
Q: On tonight's trader radar we look at the stock lighting up screens across Wall Street today. This retailer has its roots in outdoor and hunting gear but instead of deer on its catalogs now it has sexy underwear models. Unfortunately, shares were anything but fashionable today after a CFO departure raised suspicions that this store's red hot growth is over. Who is it?
Retailers, including Wal-Mart Stores, are posting solid same-store sales growth in June, as expected, as seasonal weather and tax rebate checks helped get consumers to the store.
Two pieces of positive news this morning: 1) Wal-Mart sales better than expected and raising guidance, and 2) Dow Chemicalspacer buying Rohm and Haas. Jobless claims lower than expected is also a help.
Two weeks ago, I said I haven't seen the Street so bearish since just after 9/11. This morning Investors Intelligence reported that their Bull/Bear survey of financial newsletter writers fell to 27.4 percent bullish, the lowest reading since July 1994. Bears rose to 47.3 percent, the highest since 1995.