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?
The Consumer Price Index was unchanged for the month of July from June, while the core CPI rate, excluding energy and food, rose 0.1%. On a year-over-year basis, consumer prices were down 2.1%, marking their sharpest decline since 1950.
Stocks eked out a gain after a late rally Thursday as investors cheered an encouraging business-inventories report, the latest sign that the recession is winding down.
On the heels of my blog about whether or not Wal-Mart wants to be called Wal-Mart, Walmart, or Wal-Mart Stores, Inc., I got an earful about all the other confusing names out there. Is it K-Mart or Kmart? Bank of America-Merrill Lynch...really?
I'm looking at a spate of market research over the past few days, and when it comes to consumer electronics, it seems like some key companies might be on the verge of a break-out holiday shopping season.
Stocks rebounded from a midmorning slide Thursday after a report showed business inventories continued to shrink as sales jumped, offering the latest indication that the recession is winding down.
Shortly after the March lows, we wrote a story about the tech led rally. In the article, we pointed out which tech stocks were leading and which were lagging. Now, as one of our readers wrote in, the story has changed and he has profited from it.
There's some positive momentum for Wall Street ahead of Thursday's session. Futures are pointing to a nice pop at the open, following yesterday's strong gains.
"GI Joe: Rise of the Cobra" was the weekend's big, box office winner with over $50 million in ticket sales, but there's another big winner as well, thanks to some creative product placement. Sharp-eyed movie-goers probably took notice of the ever, oh-so-cool, holographic video-conferencing technology inside the Joe's headquarters, called "The Pit," courtesy of Cisco Systems.
It's no secret that Applied Materials has suffered its fair share of difficulties during the deep and sustained economic morass gripping the tech community. Tonight however, the company might offer even more evidence that a turnaround in tech is real, and that a double dip might not occur.
After the S&P 500 hit its 2009 high last Friday, the major averages dropped marginally to start the week but the market remains close to its year-to-date high.
How should investors position themselves following the big run-up in stocks? Ronald Weiner, president and CEO of RDM Financial Group, and Malcolm Polley, CIO of Stewart Capital Advisors, shared their advice.