Craig Hodges, Hodges Capital Management CEO, shares his strategy to capitalize on 'low-hanging fruit' in the retail sector. » Read More
Stocks flopped Friday, capping a dismal week, as bank stocks pulled back after recent gains.
Plus, calls on the U.S. economy, retail, Internet advertising and more.
The bears and bulls continue to battle for control of the market with bears looking for the next leg down and bulls betting on a V-shaped recovery. Who's winning?
Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.
A modest pop in futures as the Consumer Price Index was flat, in line with expectations.
Futures pared losses Friday after a pair of better-than-expected manufacturing readings.
Options expirations and a few economic headlines are the big factors for stocks Friday. But also, like an economic weather vane, the financial stocks will point out the market's direction.
Here's our Fast Money "Final Trade". Our gang gives you tomorrow's best trades, right now! Also you'll find the "Fast & Furious" trades for Friday!
Nordstrom up 4 percent after the close on higher earnings.
After 3 days of declines, the major indices finally stopped dropping, and it's no surprise that the decline stopped on a day when announcements of major secondaries was very light.
Following are the “Fast & Furious” trades - hot ways to play Monday's market moving events.
Consumers enticed by warmer weather and glimmers of hope for the economy bought a few more items in April, helping discounter Wal-Mart Stores and many mall clothing chains post better results for the month than expected.
The rally continues. Bulls are arguing this morning that today's data supports the current rally.
As we get better economic news, stocks set the bar higher. I noted this morning that "less bad" was no longer good enough to move stocks forward, the new standard is "much less bad," and even that may not last long.
For stocks, May is "show-me time." For the past month, there has been an asset class trade: out of cash and into high-beta stocks like tech, financials, and consumer discretionary.
As mentioned earlier this week, a number of companies this week have signaled some stabilization in conditions, with some even hinting of a bottom.
You didn't think we forgot did you? In this Web Extra you'll find all the day's pops and drops!
Is there a floor under the market? Stocks this week are acting like there is. Forget about financials, this is the week when big industrial names are reporting, and as anticipated the guidance is cautious.
The resilience of the market has been a puzzle to many who thought Monday's selloff was a sign the stock market would finally give up on its six-week rally.
Plus, Cramer's favorite foods stocks and more.