• Stocks closed higher as investors were encouraged by strong earnings reports despite lingering subprime concerns. "There wasn't much negative news today from the subprime market and people still want to buy the market," said Todd Leone of Cowen. "We were way oversold and I think you have some people putting money to work."

  • Putting the Rumor Mill to Work for You Tuesday, 6 Mar 2007 | 6:20 PM ET

    If there’s one thing that Cramer has learned from spending years and years at a trading desk, it is that rumors – more often than truths – drive bad markets. But overextended rumors can portend a rally, just like the one we had today. Here’s how you play the game so you don’t get played.