Closing Bell continued our "Exchange" series Thursday, broadcasting live from the Oppenheimer & Co. trading floor. On a busy day, 65 million retail and institutional trades are made, with technology, health care and consumer ranking as the most heavily traded sectors.
Oil prices are up almost 140 percent from the 52-week low and up 82 percent year-to-date. For those deciding whether there’s still opportunity in the sector, Oppenheimer & Co.’s Scott Burk, senior analyst of oil services and ocean shipping and Fadel Gheit, managing director of oil and gas research said investors just need to know where to look.
Following are the week’s biggest winners and losers. Find out why shares of Newmont and Wells Fargo popped while Acorda Therap. and the iShares 20 Year Treas. ETF dropped.
Ryan Detrick, chief technical strategist at Schaeffer's Investment Research, and Ronald Weiner, president and CEO of RDM Financial Group, shared their thoughts on whether the rally will last — and where people should invest.
Investors should stay far away from these funds, Cramer says.
The deep waters off the coasts of countries like Brazil and Sierra Leone have become hot spots for large discoveries of oil this year as exploration continues to move further from shore.
Following are the week’s biggest winners and losers. Find out why shares of Dow Chemical and CKE Restaurants popped while BorgWarner and Eastman Kodak dropped.
Mad Money drills down on natural gas with CEO John Pinkerton.
Anadarko Petroleum's stock hit a new high for the year on Thursday following news that it made a deepwater discovery offshore Sierra Leone and analysts raised their price targets for the exploration and production company.
Following are the day’s biggest winners and losers. Find out why shares of BJ’s and Anadarko popped while Adobe and Verizon dropped.
Stocks rallied for a third day Wednesday, jumping more than 1 percent, as industrial production rose for a second straight month and weakness in the dollar boosted commodity and industrial stocks.
Stocks continued to rise Wednesday, after major indexes hit new highs for the year Tuesday, as oil prices topped $71 a barrel and industrial production rose for a second straight month.
September, a traditionally weak month for stocks, has contrarily been strong for markets in the last several trading sessions, but how far will the rally continue? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his market insights.
The positive news on retail sales and comments from Warren Buffett that "we are on the mend" is helping lift Asia and Europe.
Wall Street looked set for a higher open Wednesday, after major indexes hit new highs for the year Tuesday, encouraged by Federal Reserve chairman Ben Bernanke's remarks that the US recession was probably over.
There are much better ways to play the commodity, Cramer says.
This could be the stock to own, Cramer says, if the commodity’s price trend higher.
Investors looking to play the crude oil and natural gas price divergence should follow these trading tips, said Daniel Dicker, independent oil trader at TheStreet.com.
With natural gas prices dropping to its lowest level since 2002 and with inventories 19% above their five-year average, you’d expect nat gas stocks to be at yearly lows.
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