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.
That's the only debate on the Street right now, now that the S&P has rallied 10 percent in a week.
Carter Worth, Market Technician from Oppenhiemer, takes a look at the down-trends and breaks down what it means for the markets.
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.
In today’s Fast Money Final Call, Matt Nesto spoke with Carter Worth, Chief Market Technician at Oppenheimer Asset Mangement about the current rally and where the market is headed from here.
Plus, Cramer makes the call on Goldman Sachs, General Electric, Apple, Citigroup and more.
Here’s what we need to keep stocks moving in the right direction.
Is it time to turn cautiously optimistic that the worst for banks is behind us? Or is that just wishful thinking?
Stocks rose for a second day on Wednesday after JP Morgan Chase said the bank was profitable in January and February, echoing comments by Citigroup a day earlier.
Wall Street found its voice today, after months of stewing in silence as pundits and politicians pelted the financial industry with withering criticism, punitive salary caps and pious second-guessing.
One of the principles of technical analysis is that consolidation (read: sideways) after a strong up or down move is supportive of the trend.
Plus, Whirlpool cycles up and suggested changes to the Dow Jones constituent list.
Many traders still have their doubts about whether this is "the" bottom, but that is not stopping them from placing strategic bets to benefit from this bear-market bounce.
Some bankers say the conditions for taking TARP money have become so onerous that they want to return the bailout money, the New York Times reports.
Cramer makes the call on viewers' favorite stocks.
Need proof that Tuesday’s action was real? Here are the factors driving today’s big move.
Stocks posted their best day in four months on Tuesday with Citigroup leading the Dow higher...
Plus, Cramer lists his requirements for believing in Tuesday's rally.
Warren Buffett's three-hour appearance on CNBC's Squawk Box Monday morning generated headlines, moved bank stocks, and even caught the attention of the White House. Now you can download a PDF of the complete transcript.
Stocks retreated in a yo-yo session as an earlier advance in the shares of energy and big-cap technology companies dissipated. But banks held gains as investors hoped for more clarity on the government plan to firm up the financial system, with Fed Chairman Ben Beranke meeting with President Obama today.