Stocks rose for a third straight week as investors got their game on for a recovery. Still, Friday's trading was choppy as investors cheered an early pop from the smaller-than-expected job loss in May but the market couldn't sustain the gains.
Plus, get calls on the banks, insurance, Internet stocks and more.
A currency crisis is imminent, so investors should avoid shorting the market, said Jim Rogers, chairman of Rogers Holdings.
Already on Wednesday, investors were counting down to Friday's jobs report, and not much in between matters. Thursday's main events include weekly jobless claims, data on productivity and costs, and monthly chain store sales, which are expected to be weak and show the U.S. consumer remains reluctant to spend.
The Dow Industrials briefly turned positive for the year earlier this morning. WAHOO! But wait…the S&P 500 turned positive for 2009 nearly one month ago and is now up over 4.5% this year. So why the performance lag in the Dow (compared to the S&P)?
With the exit of Citigroup and GM from the Dow, new comers Cisco and Travelers bring some heft back into the index. As of Monday's close, the price weighted index is taking out $4.44 (combined price of Citi and GM) and adding in $61.41 (CSCO + TRV). Here's how this change will impact the weight of the remaining 28 stocks of the Dow.
Stocks soared Monday as investors were encouraged by economic reports out of China and the U.S. and breathed a sigh of relief that General Motors finally filed for bankruptcy protection.
Stocks advanced Monday as investors were encouraged by economic reports out of China and the U.S. and shrugged off the General Motors bankruptcy filing.
Stocks advanced Monday as investors were encouraged by economic reports out of China and the U.S. and shrugged off the General Motors bankruptcy filing.
Often when a company is added to a major index, it sees a lift in its share price both from the publicity as well as from the need for tracking funds to buy the new components. But is there an arbitrage play to profit even more?
S&P crosses 200-day moving average of 928. If we can close over 928, it will be the first time we close over the 200-day moving average in 18 months. This is an important technical level.
Plus, Cramer makes the call on insurance, the autos, natural gas and more.
The Lightning Round is extended in this CNBC.com exclusive feature.
Cramer makes the call on viewers' favorite stocks.
Every so often, I feel the need to "data-dump" but it makes for a very dull note. It's probably still worth skimming since the news has taken on a decidedly different tone. After what we have been through, we should look closely at what appears to be the "green shoots" of recovery, or at least the diminution of bad news.
Plus, Cramer makes the call on the insurance, chemicals and natural gas sectors.
Stocks benefited from economic "green shoots" in April but the question is whether the rally will be rained out in May.