David Dietze, President & Chief Investment Strategist at Point View Wealth Management, says investors need to be selective going forward to make money.» Read More
Here’s today’s next head to head battle: Industrial giant United Technologies (UTX) versus steel powerhouse Nucor (NUE). and.... click here for a link to the brackets as seen on TV!
Stocks closed mostly lower, dragged down by higher energy prices and defiance from Iran. Technology rallied on strength in computer chips, giving the Nasdaq a boost. "Investors are somewhat cautious at these market levels," Michael Sheldon, Chief Market Strategist at Spencer Clarke, told CNBC.com.
John Deere is in a position to both feed and fuel the world, CEO Robert Lane tells CNBC's Erin Burnett. According to Lane, corn-based ethanol is only one small part of the total ethanol picture.
Stocks closed at record levels after positive remarks from Fed Chairman Ben Bernanke sparked a broad rally which touched nearly every sector. The Dow ended at a record high while the S&P 500 climbed to levels not seen in more than six years. Gains on the Nasdaq were even better as investors snapped up semiconductor stocks.
The world's largest maker of agricultural and building equipment reported better-than-expected quarterly profit on Wednesday on strong sales to farmers and foresters. The company also sounded a slightly more upbeat note on full-year agricultural sales, sending its shares sharply higher.
U.S. stocks may have more room to run, but analysts say it might be wise to buy on the dips as the market looks for the next big catalyst to move it forward.
The run is done, at least for several stocks according to Merrill Lynch. As Dylan Ratigan first told you on “Closing Bell,” Savita Subramanian, Quantitative Strategist at Merrill Lynch, has made a list of companies due for a pullback. You can’t afford not to click.
While the notion of a weak U.S. dollar might scare some Americans – U.S. manufacturers may be secretly cheering its slide. A dip in dollar value gives companies like Caterpillar, Deere & Co, General Motors and Ford some leverage against competitors in China and Japan – which enjoy much lower currency valuations – and as a result – cheaper exports.
On Wednesday the Fast Money traders were squarely focused on 3 key developments that may signal serious challenges lie ahead for the stocks.