It's the beginning of a make or break period for the stock market's current run. While first-quarter profits are expected to be terrible - down 36% for the S&P 500 - traders have been hoping the earnings season will bring with it some clarity about the second quarter and beyond.
Following are the day’s biggest winners and losers. Find out why shares of Research In Motion and Dendreon popped while Rio Tinto and The Gap dropped.
Plus, Cramer highlights why Obama could be good for defense stocks and why Goldman Sachs had the right idea for balance sheet management.
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Actually, the Mad Money host is a full-on devotee of the market’s recent big moves. This is why you should be, too.
As the first quarter earnings season begins, a debate rages over whether stocks will be able to rally on or instead roll over on weak corporate profits and dismal economic news.
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Stocks rose on Friday for the 4th day in a row, with the Dow closing out its best four-week winning streak since 1933.
Stocks turned mildly positive as investors looked to close out the week's rally on a positive note.
Plus, Cramer explains the unusual trading taking place in tech and apparel and grades President Obama's economy work.
Fifth Third Asset Management's Mary Jane Matts looks back on a dramatic week for stocks, and still finds some bargains for investors. "When you consider that the S&P is trading about eleven times normalized earnings, the stock market is attractive here," she told CNBC. "I don't think you have to over-think it."
There was general agreement that the markets would be able to withstand another dismal jobs report and end the week strong. One stock in particular looked especially robust, benefiting from both general economic improvement and some unique business trends.
From the "Obama effect" to a rebound in consumer confidence, Research in Motion is tapping into several trends besides the technology inherent in its products in order to drive its stronger-than-expected earnings performance.
Futures moved up about 4 points, then back down into negative territory, as March saw 663,000 jobs lost and an unemployment rate of 8.5 percent, in line with expectations. February was unrevised, but January did see a steep downward revision, from 655,000 jobs lost to 741,000 lost.
Stock futures turned lower after initial enthusiasm waned after a report showed continued steep job losses in the US economy.
Friday's March jobs report can't help but be bad, but the question is whether it will stall the stock market's rally.
Research in Motion shares skyrocketed more than 20% as it reported earnings that topped estimates and gave an outlook well ahead of analysts' forecasts.
The Dow rallied for a third day on Thursday, and traded above 8,000 for the first time since early February on an intra-day basis.
It looks like the markets are in the midst of climbing over a “wall of worry,” said Alec Young at Standard & Poor’s. He expects the market rally to continue and for investors to start putting their money to work.
The fate of an important accounting rule will have a big impact on markets Thursday and beyond. It's not just any accounting rule. It's the highly controversial mark-to-market rule, criticized for the massive write downs in the banking industry.