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The bulls just can't drive the market beyond its 9-month high. Is a correction coming?
Stocks ended slightly lower Tuesday, though the Nasdaq eked out a gain. And Citigroup shares soared.
Despite speculation that General Electric's* financial arm could need additional capital down the road, the company's shares have the potential to double over a three-year period, said Jack De Gan, CIO of Harbor Advisory Portsmouth. *(GE is the corporate parent of CNBC.)
Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.
After a huge two week really, is Tuesday's market weakness an early sign of a sharp pull back or nothing more than expected profit taking?
Right now, investors should be concerned about stagflation and not inflation, said Carrie Coghill Kuntz, president and co-founder of D.B. Root & Company.
Steve Forbes, CEO of Forbes Inc., and Rudolph Giuliani, former mayor of New York City, offered CNBC their insights into health care reform, energy policy including cap-and-trade — and the Obama administration's Achilles heel.
This was a strange earnings season. But it has been a remarkably strange economy. But when you look at the big names in tech, including Intel, IBM, Apple, Google, Yahoo, eBay, Microsoft, and the big names on Wall Street, there was a bizarre disconnect over what was expected, and what was realized.
They looked like hot stocks. So how are the traders playing IBM and Posco now that they’ve been burned?
Conflicting information about the outlook for technology has left many investors confused. The traders along with Juniper’s CEO sort it out!
All the major US indexes were up 4% or greater for the week, after closing roughly flat for the day on Friday. The Dow crossed and remained above 9,000 on Friday, posting its best 2-week percent gain since late March 2000.
Microsoft's fiscal fourth quarter was ugly. No two ways about it. The company missed on the top by a staggering $1.25 billion, reporting $13.1 billion against the $14.38 billion consensus. It's an enormous miss, and stunning to many analysts covering the company.
Big tech companies such as Amazon.com and Microsoft are reporting earnings results after the bell and Rob Enderle shares his insights.
Is this the right time to take risks or should you stick with the safer “best of breed” stocks? Kevin Caron, market strategist at Stifel Nicolaus, and Steve Grasso, market analyst at Stuart Frankel, shared their strategies — and their stock picks.
As many companies report better-than-expected second-quarter earnings, investors ask if the economy is finally on its way to a recovery. David Goerz, CIO of Highmark Capital and Ken Shreve, market commentator at Investor’s Business Daily shared their insights.
This is nothing but a relief rally in a secular bear market and we’ll be in a secular bear market for another 10 to 15 years, said David Hefty, principal of Cornerstone Wealth Management.
Today is the 40th Anniversary of the Apollo 11 lunar landing. Here are some of the players that were involved in building the rocket that brought Neil Armstrong and crew to the moon and how they have rocketed relative to the S&P and Dow since that "giant leap for mankind."
There's not much economic news this week. Leading Economic Indicators will be reported Monday and if it's a gain (which it should be) it will be the third gain in a row. That would be good. Thursday will see existing home sales reported and they should come in at an annual rate of about 5 million. Thursday the Treasury will announce next week's bond auctions and you can expect 2 year notes and 5 and 7 year bonds totaling over $100 billion dollars.
The current mid-summer rally will last until the end of August, but trading volumes will be light with many investors on holiday, Robin Griffiths, technical strategist at Cazenove Capital told CNBC Monday.
On a week where earnings dominated headlines with a strong performance by tech, the US markets rallied for the week, led by the Nasdaq Composite, up 7.44%. The NASDAQ pulled out 8-straight days of gains, for a gain of 8.04% in the past eight trading sessions.