With Washington's debt battle over, markets will quickly shift focus to earnings and how much the government shutdown actually impacted the economy.» Read More
Is there any doubt that big-cap financials are the key to this market? What's worked for two months? Sell the rally in financials. This is crunch time for the two-day rally...and not surprisingly, they are pushing the old trade hard today.
The two factors moving the market today were 1) the drop in oil, now down almost 10 percent in two days, and 2) the rally in financials.
Some traders are also turning bullish. John Mendelson of the Stanford Group issued a buy signal late in the day; traders tell me it was his 3rd buy signal in 5 years, and the prior two calls were very good.
Federated Investors' Dean Kartsonas said his third-quarter investment strategy will focus on companies that offer value in a tough economy.
Nearly 1.4 billion shares and $20 billion traded Friday in CNBC's Million Dollar Portfolio Challenge. Here are the bets being made today...
Two trends were not helpful to those looking for a bottom today.
Ask yourself this question: who would have access to this kind of inside information, that it would be leaked to a trading desk? Which is more likely: that a trader creates a rumor that they can profit from, or that inside information has been leaked?
These names are going down, so steer clear.
KeyCorp dropped 12% Wednesday after underestimating its exposure to bad loans. Has the subprime slime spread all the way to the neighborhood bank?
Is it time to jump back into beaten-down financial stocks--or is it still too early? Even the financial giants themselves can't agree.
Goldman Sachs said Tuesday it selectively upgraded shares of some brokers and asset managers, but remains cautious on stocks of regional banks, mortgage and specialty finance companies and real estate investment trusts.
With the Financials having been beaten up so much lately, their yields are looking quite tempting. Here is a list of the top 20 yielding stocks on the S&P 500.
Shares of Huntington Bancshares plunged Thursday after the U.S. Midwest regional bank projected a fourth-quarter loss of $239 million, blaming a troubling brew of mortgage losses, write-downs and a long list of other charges.
The Fed, weak dollar and inverted yield curve mean U.S. regional banks are becoming more attractive to potential buyers abroad, Cramer said.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Huntington Bancshares, a large U.S. Midwest bank, said Monday second-quarter profit was lower than analysts had forecast, citing a soft housing market and merger-related costs.