Some of the names on the move ahead of the open.» Read More
Well, what does it mean when some well-known bears have suddenly turned rather bullish? Good example: Laszlo Birinyi, who put out a note late yesterday. His position--the market is in a range of 1350 on the low side and 1500 on the top. That means, at 1,360, he believes we are essentially at the bottom. His reasoning:
If you think your portfolio has taken a hit since the beginning of the year, consider Steve Jobs and his stake in Apple: He's down $377 million and change since Jan. 1, so if anyone knows the magnitude of Apple's steep--and some say overdone--decline since then, it's the mercurial Apple chief.
That's why Cramer calls for rate cuts – no matter what critics say.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Newsweek says we're on the “road to recession” but is the magazine reading this market correctly? Also how to trade McDonald's and Yahoo!
Yahoo is a mess. A simple, but stunning statement when you're talking about the web's most popular destination. Read that again--the web's most popular destination. More people visit Yahoo on a monthly basis than any other web site
If you believe the media -- and you should, every word ;) -- you'd think this nation was spiraling toward recession. But it's not necessarily so. Take Microsoft as an example...
Investors experienced gut-churning volatility through the very end of a tough week. What's the word on the Street?
Wall Street resumed its cautious stance Friday, giving up sizable early gains and closing sharply lower as investors played it safe and cashed in profits before the weekend.
After the Fed rate cut and recession talk now reversing itself, where should you put your money? Eugene Peroni, senior vice president and portfolio manager at Advisors Asset Management and David Stepherson, senior portfolio manager at Hardesty Capital Management, named the sectors and stocks to buy -- and avoid.
If the entertainment and device division performance by Microsoft in its second quarter was a surprise, the company's online business growth is a stunner, especially as the company tries to chip away at Google's near total dominance.
After blowing away analysts' expectations for the just-finished quarter, Microsoft expects a sensational 2008. "All of our businesses in the first half either met or beat expectations," Chief Financial Officer Chris Liddell told CNBC. "We have a great spread from a product point of view, and a great spread from a geographic point of view."
When Microsoft's earnings came out yesterday, I had to do a double-take because it was hard for me to process just how strong these numbers truly were. I knew the company was poised for a strong quarter, but it was the breadth of its success, and optimistic guidance that took me, and so many investors, by surprise.
Microsoft's strong earnings and bullish forecast could be a catalyst for more tech buying in Friday's session.
Microsoft beat estimates with both its earnings and sales numbers, and the company's shares jumped 8 percent in extended trading.
As the markets continue to swing up and down, some of the biggest names in the Dow Industrials can be snapped up with fairly sizable yields.
A slew of strong earnings, good jobs data and a bounce in commodities kept stocks afloat for the second day in a row. And with Microsoft blowing away its numbers after the bell, the traders expect the rally to continue.
There's lots of talk out there about whether the stock market hit bottom yesterday. You could turn to any number of market gurus, but a theory we've heard from a few is that yesterday's lows may be the bottom for now, and what happens next will be decided in part by the strength of the economy and of course, the Fed.
Microsoft--the world's largest software maker--got a whole lot larger at the end of 2007; the company blowing past Wall Street expectations, and offering up optimistic guidance that could go a long way toward buoying beleaguered equity markets around the world.
Pete Najarian expects the tech giant to post a big number. If it doesn't, look out.
Microsoft's earnings may be the most anticipated report from the tech sector, and possibly the most anticipated report during the earnings season, and here's why: The company is just as big a deal in this country as it is in Europe, Asia, emerging markets.