The market bounced back on Tuesday against all odds, just like the Mad Money host said it would.
Stocks finished near their highs for the day Tuesday, snapping a two-day losing streak. American Express led the Dow after an analyst upgrade.
Both the Dow and S&P made modest gains on Tuesday after better-than-expected results from Home Depot and Target encouraged investors to step back into the market.
Hewlett-Packard shares trading down slightly after reporting better than expected earnings and revenues.
Hewlett-Packard needed to wow Wall Street and the company delivered the goods tonight, beating the Street by a penny a share with 91 cents on better than expected revenue of $27.45 billion against the $27.3 billion consensus.
Mark Hurd, HP's CEO told Maria Bartiromo exclusively, "HP is executing well in a challenging market. We are investing for growth and are poised to be an early beneficiary of a turnaround in the economy.”
It’s going to be one of the worst back-to-school selling seasons for the PC makers, said Paul Kedrosky, consulting strategist at Ten Asset Management and Gene Munster, senior research analyst at Piper Jaffray. They shared their views for the technology market and discussed where investors should be looking.
Stocks bounced back Tuesday after a sharp selloff Monday. Financials were among the day's biggest gainers and AmEx led the Dow after an analyst upgrade.
When Hewlett-Packard reports its earnings after the bell tonight, it should go a long way toward keeping the optimism alive in the tech sector.
With bank and tech shares climbing, how should you position to profit from this tape?
A day late, and perhaps a dollar shy (after all, options do decay with time), but I do want to update the faithful with a recap of last Friday's show.
Stocks bounced back Tuesday after a sharp selloff Monday but gains were modest after a disappointing housing report.
Could Apple, Research in Motion and Palm be the new Three Musketeers? RBC's wireless analyst Mike Abramsky certainly seems to think so in a compelling research note he released this morning.
No Monday would be complete without a thorough recap of our traders' picks. Our time slot has changed, but our ability to make smart trades and employ the right options strategies has not, and Friday's show offered several prime examples of that.
The "correction" many on Wall Street had been waiting for finally happened on Monday - now, the question is how long it will continue. Based on activity in overseas markets and U.S. stock index futures, Monday's drop may be a one-day wonder, with all signs pointing to a rebound at the open.
Traders said the selling was orderly—there was no sign of panic—and they expect to see more pressure on stocks this week.
Will earnings from Target, Hewlett- Packard and other big names help to stem or fuel the decline?
Tech companies in the S&P 500 have been a major force in the recent rally, up 15.9% on average since their July 10th lows. Here is a look at which tech stocks are leading and which are lagging in the recent rally.
Stocks could drift on low volume in the final weeks of summer, but traders increasingly believe a pull back is brewing in the not too distant future. Even short interest, a powerful market driver, is waning.
Before this rally stalls any further, where should you be taking profits and where should you stay put?