“Mad Money” host Jim Cramer sees a pulse back in biotechs. Time to jump in?» Read More
With 105 out of the S&P 500 stocks trading under $10 per share, compared to only 59 out of 500 back in October 1987, is this a clear sign of a value trading opportunity of a lifetime or a value trap?
It's time for a minor mea culpa. On last night's show Jim talked about the lack of pin action off of Hewlett-Packard's positive earnings preannouncement. We concluded that good news for Hewlett-Packard couldn't be extrapolated to the rest of tech because we'd heard so much bad news and so many negative forecasts, for example from Intel spacer. Then I, like a doofus, went and wrote a post about pin action, or more specifically the lack thereof.
Stocks wobbled as key lawmakers said an auto bailout deal might have to wait until December.
As Cliff Mason noted earlier today, Cramer likes to talk about "pin action" a lot -- the effect that one company's good fortune usually has on other, related companies (parts manufacturers, for example). The key word, however, is "usually." In the disastrous market we have these days, you can't even depend on this pin action any more.
The rules for investing in technology have changed as much as the markets themselves. Weiss Capital's Mike Burnick and Fort Pitt Capital's Kim Caughey offered CNBC their tech stock picks — and pans. (Part One)
Stocks plunged to a more than five-year low amid worries about the fate of the auto industry — and the economy — as a bailout for the sector grows increasingly unlikely.
The fortunes of the semiconductor industry might not be terribly promising. But should you get out of tech all together?
Investors are wondering if Intel is a value trade or value trap on the release of its new microprocessor...
Cramer's prediction yesterday that tech hasn't seen bottom yet and was due for more beating came true today, with most big tech names ending lower. One of the most beaten-down of these companies was AMD. Still, even with the dismal tech sector in the dismal overall market, there's still money to be made IF you're willing to speculate on battered stocks like -- you got it -- AMD. But "battered" doesn't even do this company justice: it's down 67% for the year and had another bloody session today.
Stocks attempted to rally this afternoon — and the Dow and S&P even briefly broke into positive territory — but at the end of the day, the downward pressure was just too crushing and stocks ended lower.
Today was a triumph of the technicals over the technological. Today was a day we touched the Dow 8,000 level -- down 20% from where Cramer last said to sell. When you hit that level, you catch buys. If you're using Cramer's strategy of buying stocks with bountiful dividends like CAT at 4.5% or Nucor at 4%, you caught a great price earlier in the day. Now you should be done buying and, as the high-yielders rally, it's time to start the selling. You can't buy again until the stock takes out your last low price and the yield's even bigger. That's the only strategy that's worked consistently in this crazy market -- stocks that bounce most have the biggest yields.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
The Dow staged a monster rally on Thursday, as bargain hunters rushed back into the market to scoop up beaten-down shares.
Shrugging off grim outlooks by Intel spacer and Wal-Mart as well as a disappointing jobless claims number, investors bought heavily into the market shortly after the S&P 500 fell through its October 10 low midday. Take a look at how some of the sectors closed above their session lows today:
Stocks closed sharply higher as bargain hunters rushed back into the market to scoop up beaten-down shares.
The traders say no, the market will not hold and Jeff Macke intends to dump any stocks into this false rally.
S&P futures are flat, but they have gyrated in a 20-point range this morning. Up about 10 points early in the session, futures moved nearly 20 points lower, before bouncing off those lows following Wal-Mart’s earnings beat.
Stock futures looked for direction amid fresh reminders of economic weakness and an earnings report from Wal-Mart that sent mixed signals.
The painful selling in stocks has been so consistent this week, it's no surprise that some traders say the market could test October's lows before the week is over.
Microchip maker Intel warned that its revenue would be about 14 percent below its previous forecast due to weak demand around the globe and in all market segments. The stock plunged after-hours.