As spring arrives in the coming week, investors will debate whether it's a time to hold out hope for the market or just expect another muddy season where bad economic news leads trading.
US Markets recorded their best week since November, riding four consecutive days of gains, making traders question whether we have found the bottom or if this is merely a bear bounce.
Stocks went four for four Friday in a dramatic win that delivered stocks their best week since November.
Berkshire Hathaway has lost its AAA credit rating from Fitch, but it doesn't look like the change is due to any recent 'mistakes' by Warren Buffett and his holding company. Almost at the top of its news release on the one-notch downgrade and negative outlook, Fitch says the move is part of a "broader review of insurance and financial services company ratings" due to the "current stressful economic environment."
What's been happening in the market has been enough to turn some people off on stocks, but not Stephen Mauzy. If anything, he's worried that the down market won't last long enough.
Stocks opened slightly higher Friday amid some much-needed good news from banks.
As we get underway in the US, I have to think back to last week when US President Barack Obama told us all to go long equities. "Buying stocks is potentially a good deal if you have a long term perspective on it."
What a week: Dow up 8.2 percent, S&P up 9.9 percent, NASDAQ up 10.2 percent through Thursday...the best week since November, and only the third weekly advance in the last 15 weeks!
Futures pointed to a fourth straight session of gains Friday amid some much-needed good news from banks.
The major indices have some distance to go today if they are going to break weekly records. However, there are 4 Dow components that are on track for their best week in at least 40 years...
The market's strongest three-day advance since November is inspiring confidence that stocks still have room to run.
Even better: Events that could push the Dow up another 1,000 points.
Stocks rose for the third day straight on Thursday, marking the biggest three-day gain since November. Markets were up across the board, led by Bank of America and General Electric.
While a modest bump in retail sales and a bit more confidence in the banking system do not a bottom make, this week's events have finally given the bulls something to talk about.
Today is Hulu's first birthday and, to celebrate this milestone, its parents (NBC Universal and News Corp) have decided its now old enough....for social networking
Thursday: Confessed mega-swindler Bernie Madoff pleaded guilty to fraud. Warren Buffett slipped from the "World's Richest Billionaire" slot. Apple flew in the face of grim retail prognostication and said it'd preview new iPhone software next week. It was reported that U.S. mortgage rates slipped last week; and Standard & Poor's downgraded General Electric* from its triple-A rating to AA-plus -- but GE's shares soared on a better-than-expected outlook. CNBC heard from experts who warned that AIG is a "boil" that "needs to be lanced" and called a market bottom — of sorts.
Across-the-board rally in stocks, Treasuries and commodities. A rally? We've already had one.
Plus, Cramer makes the call on Goldman Sachs, General Electric, Apple, Citigroup and more.
Stocks bounced back after a rocky start Thursday as oil prices rebounded and investors were cheered by a better-than-expected retail-sales.
An across-the-board rally in stocks, Treasuries and commodities. This hasn't happened in a while. What does it mean?