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  • Why Steel Stocks Will Beat Downturn

    Commodities are unwinding -- but Bob Richards, Longbow Research analyst, says steel stocks are only going to get stronger. "There are systemic reasons for prices to stay high," Richards assured investors.

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    For the week ending Friday, August 22, 2008,  the U.S. major Indices fell for the week on the unknown future of mortgage giants Freddie Mac and Fannie Mae, downbeat home construction July data, and soaring producer prices.  The NASDAQ Composite performed the worst for the week, declining 1.54%, its steepest decline since Independence Day week. However, Friday was a positive day for the markets helped by a welcome speech by Federal Reserve Chairman Ben Bernanke and a pull back in the price of crude. The Dow had three days of triple-digit point gains & losses, netting to finish almost flat for the week.

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    Stocks Edge Higher

    The Dow edged higher on Friday, as the continued drop in oil fueled stock market optimism. However the Fast Money traders have their eye on Goldman Sachs.

  • How to Profit from the Credit Crunch

    Things may be looking pretty grim for the European economy, but is there still money to be made from understanding how consumer trends are shifting? Here are some opinions on which areas might be more profitable than others in the current environment.

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    August Begins With Slide

    The Dow closed lower on Friday after General Motors reported hefty losses and new data showed U.S. employers cut jobs for the seventh straight month.

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    Stocks Jump Despite Oil Surge

    The Dow and S&P 500 climbed higher on Wednesday after an unexpectedly strong report on the job market offset a surge in oil prices.

  • ArcelorMittal Profit Jumps 51%, Topping Expectations

    ArcelorMittal, the world's No. 1 steelmaker, reported second-quarter results far above analysts' expectations on Wednesday as it managed to pass on rising raw material costs despite the growing economic gloom.

  • Weakening Steel

    As most are aware, Cramer's been strong on steel --  John Surma of U.S. Steel even made an appearance at Penn State with the show back on March 26, and steel's gone north 25% since then. Only Stalin may have been a stronger supporter of steel, Cramer quips. Now, however, the metal's not looking so hot, with news of lower coal prices and consumer resistance to steel industry price hikes and surcharges.

  • Pops & Drops: American Express, NYSE...

    Following are the day’s biggest winners and losers. Find out why shares of American Express and Sherwin-Williams popped while NYSE Euronext and Yahoo! dropped.

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    Web Extra: Steel In Second Half?

    In Monday’s Web Extra, Karen Finerman reveals which steel stock she thinks is buy on market moving news.

  • Stocks End First Half With a Whimper

    Stocks ended mixed Monday, capping a dismal quarter and first half marked by rocketing oil prices and battered financials. The Dow is down 14 percent since the beginning of the year and ended the first half about 20 points from bear-market territory.

  • Dow Ticks Higher but Banks, Techs Skid

    The Dow industrials moved higher, backing away from bear-market territory, as oil prices pulled back.

  • Dow Moves Away From Bear as Oil Retreats

    The Dow industrials moved higher, backing away from bear-market territory, as oil prices pulled back.

  • Dow Touches Bear-Market Territory

    Stocks opened mixed Monday but momentum quickly faded and within the first 30 minutes, the Dow industrials were dancing in and out of bear-market territory.

  • Futures Fall on More Economic Gloom

    U.S. stock index futures pointed to a lower open for Wall Street after last week's carnage and with crucial nonfarm payrolls data coming on Thursday, a day early because of the July 4 holiday.

  • The top shareholder in Australian miner Macarthur Coal, Ken Talbot, has quit the board, the firm said on Monday, in a move that frees him up to be the lynchpin in a looming bidding war for the company.

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    The Transparency Trade

    Find out why more transparency doesn't always mean a better trade.

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    Market Little Changed Ahead Of Goldman

    The Dow finished Monday’s session modestly lower as investors continued to worry about the course of the economy. What's the "Word on the Street?"

  • Revisiting the Warsaw Pact Portfolio

    Of the five original picks, four can stay. Here's which one gets the boot.

  • ArcelorMittal Buys Stake in Macarthur Coal

    ArcelorMittal, the world's top steel maker, is in talks with Australia's Macarthur Coal after buying a 15 percent stake in the company, setting up a possible bidding war for the A$4.4 billion group and pushing its shares up 14 percent.