U.S. stock index futures pointed to a higher open on Tuesday, ahead of the publication of the JOLTS jobs openings report.» Read More
Cramer makes the call on viewers' favorite stocks.
Goodyear saw a spike in options activity as its stock traded higher on Monday, apparently a positive reflection of progress toward an auto industry bailout in Washington. The action focused on the April 7.5 calls, which lit up OptionMonster's tracking systems, driving the price of those options up $0.50 to $1.50.
The week ended with a stunningly bad November jobs report, indicating that the economy is getting much worse much faster than expected, and suggesting that the recession will be especially deep and prolonged. It was a grim end to a volatile week, beginning with a huge loss on Monday, but CNBC guests continued to encourage investors to buy stocks, saying now is the time to position oneself for the recovery and take advantage of valuations.
It’s always fun to shop with friends. And we went on stock splurge with Jon Najarian. Find out which retailers he thinks are cheap!
Don't buy the stocks that others are buying, says Craig Callahan, founder and president of ICON Advisers. He says investors should target what others are selling — like consumer discretionary stocks.
The Big 3 U.S. automakers may have reached a bailout compromise Thursday — or not. Citigroup shares hover near $5, even after mega-investor Saudi Prince Alwaleed bin Talal said he'd boost his Citi stake to 5 percent. Strategists told CNBC to expect more volatility — and no bottom for months yet.
Volatility in financial stocks, particularly Citigroup and Merrill Lynch, remains very high, according to Rebecca Darst, equity options analyst with TheStreet.com.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Based in Memphis, this company used a revolutionary quality control program to become the nation’s largest auto-parts retailer. It also debuted the “DuraLast” battery, the standard for autos in America. And today, the company had investors charged up after reporting higher profits on increased sales to commercial mechanics . Who is it?
Fast Money now - the trades you need while the market is open!
Futures dropped a bit as core PPI for April was a stronger than expected. Elsewhere: 1) Home Depot beat estimates, reporting earnings of $0.41 (14 percent below last year's $0.48), vs. consensus estimates of $0.37. Despite the apparent beat, the stock is down 3 percent:
Ken Griffin and Eddie Lampert are not just two "Midwest Masters of Money" they're also "Wall Street Whales." In Friday’s Web Extra find out how to trade in their wake!
Following are the day’s biggest winners and losers. Find out why shares of AutoZone and Del Monte popped while K-Swiss and Office Depot dropped.
AutoZone, the largest U.S. auto parts retail chain, posted better-than-expected quarterly earnings on Tuesday, helped by improved profit margins and sales to the commercial sector.
Inflation data and some retailers' earnings are the big headlines ahead of Tuesday's opening bell. Home Depot, Target and Macy's all report early in the day. Traders will be watching to see whether the producer price index due out in the morning, shows the same trend as the consumer price index last week - an unexpected pickup in inflation.
Housing numbers, inflation data and lots of Fed speak loom large for markets but it may be the fate of bond insurers that really drive the direction of trading in the week ahead.
Stocks closed lower as investors worried about the impact of the credit crisis on the financial sector and on the wider economy.
AutoZone, the largest U.S. auto parts retail chain, said on Tuesday quarterly earnings rose 7 percent, helped by the sale of higher-profit products.
AutoZone, the largest U.S. auto parts retail chain, posted weaker-than-expected quarterly earnings as high gas prices curtailed demand, sending shares lower.
AutoZone, the largest U.S. auto parts retail chain, said its board elected William Rhodes as its new chairman and authorized the repurchase of an additional $500 million of the company's shares.
Imagine you're a CEO or board member of a publicly traded company and you get this letter, signed by two very powerful, very successful hedge funds: Dearest Sir, We believe you should make a huge acquisition because the company as it stands won't deliver the returns we want (I.E. not BIG enough!). By the way, we own a huge stake in your company, and we WILL make it bigger. (Read between the lines: Do what we say, or else.) XOXO, SAC and Jana.