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Isn’t it fascinating that stocks rallied over 200 points on Monday, despite Obama’s command-and-control government takeover of General Motors? I think it’s because GM’s old-economy operation is yesterday’s story.
On Tuesday the traders were closely watching bank stocks drag down gains in the broader market. If banks go south will stocks follow?
The Dow Industrials briefly turned positive for the year earlier this morning. WAHOO! But wait…the S&P 500 turned positive for 2009 nearly one month ago and is now up over 4.5% this year. So why the performance lag in the Dow (compared to the S&P)?
With the exit of Citigroup and GM from the Dow, new comers Cisco and Travelers bring some heft back into the index. As of Monday's close, the price weighted index is taking out $4.44 (combined price of Citi and GM) and adding in $61.41 (CSCO + TRV). Here's how this change will impact the weight of the remaining 28 stocks of the Dow.
Following are the day’s biggest winners and losers. Find out why shares of Palm and Fortress popped while Home Depot and Moody's dropped.
With the bulls and bear battling ferociously to control this market, how should you trade?
The market’s rally today was driven by the strong May consumer confidence numbers released at 10am ET this morning. With confidence building, the hope is that the consumer will start spending again.
They looked like hot stocks; so how are the Fast Money traders playing Applied Materials, Home Depot and other losers, now that they've been burned!
Following are the week’s biggest winners and losers. Find out why shares of Newmont Mining and Procter & Gamble popped while Home Depot and Hewlett-Packard dropped.
Following are the day’s biggest winners and losers. Find out why shares of The Buckle and Hormel popped while Potash and Chesapeake Energy dropped.
Stocks fell sharply Thursday as the Fed's lowered outlook and disappointing economic data rattled investors.
Stocks ended lower Wednesday as banks and techs pulled back and comments from the Fed poured water on the flicker of optimism.
Stocks pared their gains Wednesday as banks pulled back but investors remained hopeful that the worst may be over for the economy.
Hewlett Packard reported earnings after the bell yesterday, and met analyst expectations. All 30 Dow stocks have now reported -- here is a summary of how the season stacked up.
Stocks ended a rocky session mixed as a banks rally fizzled and an unexpected drop in housing starts left investors a little shaky. Still, a gauge of fear dropped below a key level.
Regional banks like Zions and Huntington Bancshares have been weak all day. Regional banks continue to suffer from concerns about loan losses.
Most of the large retailers have reported, and the results are better than expected, at least on the bottom line.
Stocks bounced back Tuesday as banks rallied and a gauge of fear in the market dropped significantly.
Stocks declined Tuesday after housing starts unexpectedly fell to a record low.
Futures dropped as housing starts for April came in at 458,000, well below expectations of 520,000, and permits came in at 494,000, also well below expectations of 530,000. However, most of the drop is attributable to lower multifamily construction; single family starts and permits rose, though they are still low.