With stocks near record highs, strategists are recommending investors focus on stock-picking select names and sectors, rather than the broader market.» Read More
"There's fresh money that comes in at this time of year," said Muriel Siebert, the founder and president of Muriel Siebert, a discount brokerage based in New York. "There's just so much money sloshing around. The hedge funds and the private equity people have put so much money into this market."
Almost every analyst has an angle on how to beat the market, and investors pay big money for trading tips that promise guaranteed profits. But here on CNBC we give that advice away for free. John Prestbo, editor of Dow Jones Indexes, shared his “Dogs of the Dow” strategy on “Morning Call” today. It returned 32% in 2006.
Which Dow component has been the best performer since the Dow peaked back in 2000? (Here's a hint, it's been strong despite tough tobacco laws and rising cigarette taxes) CNBC's Erin Burnett revealed the answer on today's "Street Signs."
Answer: When's That! CNBC's Peter Schacknow pulls back the curtain and shows you inside the world of 24-hour business news.
An early rally lost steam on Wall Street as all of the major indexes closed lower, weighed down by energy and technology stocks.
The holiday spirit may have been evident for those storming retail outlets over the weekend--but the same is decidedly NOT true for stocks. They are suffering through their worst day in at least 4 and 1/2 months.