As financials move down nearly 2 percent, the FMHR traders take their positions in bank names. » Read More
Stocks tumbled Thursday as anxiety over how the Obama administration will fix the crippled financial system pushed the Dow to its lowest level in more than six years.
Plus, Cramer speculates on whom the new Dow Jones Industrial constituent could be.
Banks are again weak on concerns about the government's "stress test." The first worry is we don't know what this "stress test" consists of. Some are estimating that it may require 6 percent Tier One capital, and 3 percent tangible capital. Many banks may not pass that test.
Will the Obama Administration's plan to save the U.S. economy actually help the markets? Mega-investor Wilbur Ross Jr. says no. And CNBC's Rick Santelli
On Thursday Citigroup shares fell to 17-year lows with Bank of America stock also plunging, amid speculation of nationalization.
Wall Street and the private sector already have begun dealing with this morass on their own, if only the President and Treasury Secretary Timothy Geithner would take heed.
Wells Fargo drew heavy put activity yesterday (Wednesday), as its stock hit a new 52-week low in intraday trading. By midafternoon more than 460,000 contracts had changed hands, more than twice the 20-day average volume...
The S&P Financials Sector is now down over 35% YTD and ~70% in the past 12 months. Given this continued drop, here is a look at how the short interest in these beaten companies has changed over time.
Stocks could see a volatile Thursday after Wednesday's relative calm with traders anxious to see if the market will pierce its lows.
Wall Street talking heads got you baffled? Cramer debunks 10 myths to help you separate fact from fiction.
Once it was almost a dirty word, but it seems more people are throwing their support behind bank nationalization. And more of them are Republicans!
On Wednesday the White House unveiled its new plan to help homeowners on the brink. We’ve got the details – now will it work?
The Dow eked out a gain on Wednesday which kept the index from breaking through the November 20 bear market low.
Stocks limped to the finish line Wednesday as broad strokes on the bank plan from Bernanke failed to comfort the market.
The new Obama housing plan is going to give a break to those who least deserve it: people who bought more house than they can afford. It will reward those who made all the wrong decisions.
If the freefall in shares of bank stocks is keeping you up at night, one company has a solution: Put your money in your mattress. Literally.
Japan's Nikkei is at risk of falling back to a 26-year low. Could we find ourselves in the same boat unless we do something about banks, and fast?
Stocks tumbled to November levels Tuesday as investors faced a fresh sign of the deepening recession and dilution worries gnawed at bank stocks. Wal-Mart was the lone gainer on the Dow after the retail giant beat earnings expectations.
Instead of asking what Warren Buffett has been buying, we should have been wondering what he's been selling. Berkshire Hathaway's stock portfolio snapshot for the end of the fourth quarter reveals its holdings in Johnson and Johnson have been slashed by more than half.
As we are getting close to the November 2008 lows, here are some key dates for for each of the major indices, both on a closing and intraday basis.