The biggest destroyers of value in the S&P 500.» Read More
Stocks surged to two-year highs on Thursday as all the major indexes rose beyond their closing highs for the year in the wake of the Federal Reserve's decision to buy $600 billion in Treasury bonds to boost the economy and news that President Obama said he was open to extending the Bush-era tax cuts to all income levels. JPMorgan and BofA gained.
Stocks continued to soar to new highs for the year Thursday, with banks getting a boost from news the Fed will allow "healthy" institutions to raise their dividends. BofA and JPM gain.
Having hit its highest level in six months, the "Fast" traders discuss where oil's going next.
With a market cap of $77 billion, Qualcomm is the world's largest semiconductor producer and wireless chipset and software technology. Its products help power the majority of 3G mobile, computer, and consumer electronics devices we use today. In other words - It’s a good barometer of the tech sector....but is it a good buy?
"Get smart" could be the motto of Qualcomm’s CEO and Chairman Paul Jacobs, who told CNBC Thursday that growing popularity smart phones is one reason his company is beating expectations.
Stocks gained after President Barack Obama said he was open to extending the Bush-era tax cuts to all income levels. Boeing and Caterpillar gained.
Although stocks closed higher, the price action in the market was less than compelling leading investors to wonder if Fed action will be enough to keep the rally alive.
Stocks ended higher after an initial rocky response to the Federal Reserve announcement it would buy $600 billion in long-term Treasurys the middle of next year in an effort to stimulate the economy's sluggish growth. HP and Cisco rose, while AmEx and Microsoft fell.
What follows is a roundup of corporate earnings reports for Wednesday, Nov. 3.
The wireless chipmaker reported earnings and sales well ahead of Wall Street expectations Wednesday, sending shares of the company soaring in after-hours trade.
Stocks rose after an initial rocky response after the Federal Reserve announced it would buy $600 billion in long-term Treasurys by the end of the second quarter of 2011 in an effort to stimulate the economy's sluggish growth. HP and Cisco rose, while AmEx and Microsoft fell.
Where should investors look to make money now? John Merrill, founder and CIO of Tanglewood Wealth Management, and Nicholas Colas, chief market strategist at ConvergEx, shared their best sector plays.
Now that the election is over, it's time to focus on sectors that will likely do well post-election. One which was outlined in my previous post is the technology sector. And driving growth in this sector is the continuing trend towards consolidation.
On top of the midterm elections Tuesday and the possibility of QE2, there are many companies reporting earnings next week. Here's which ones the traders are watching.
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now! And as an added bonus, you'll also find 3 trades from MarketSmith.
If you think they haven't, though, that could be the reason you're missing out on this rally.
It’s a tough question – not as simple as tearing open some Apple products and seeing whose parts are inside. Some companies in Apple’s ecosystem, like Intel, don’t see an outsized impact from Apple’s business. Others, like ARM, have already had nice runs lately.
The traders were closely watching the action in Intel and CSX after these two bellwethers released earnings and wowed the Street.
Think that QE2 is largely priced into the market? According to the pros, it's not -- not by a long shot!
Expectations of a Verizon iPhone are already starting to generate ripples across tech.