It's been a whipsaw day on Wall Street with traders trying to buy market bottoms.» Read More
U.S. crude oil finished just short of $64 as gasoline futures surged to new eight-month highs on troubles at two refineries. The production disruptions raised fears of a gasoline supply crunch when drivers hit the roads this summer.
The guys go behind the headlines and give you their take on... the CSX downgrade...the AMD upgrade... and more.
As volatility with gas, crude and jet fuel rises, what’s the trade? Eric Bolling pulls together some charts to illustrate what’s going on in this explosive sector.
Texas energy investor Boone Pickens told CNBC that the recent spike in oil prices is due more to "fundamentals" than geopolitical tensions with Iran and that "you're going to look at $70 oil pretty quick." The billionaire said the current market is "very tight" because inventories have declined for seven straight weeks.
Here's what's happening in "Trading With The Stars." Our most active celebs lost the most money, and in some cases--fell lower in the standings as of the close on Wednesday. The biggest upward movement was seen by celebs who made no transactions or very few. Stephen Collins is still on top, followed by Jonathan Tucker. Johnny Bench moved out of last (good for Johnny--maybe he'll stay out of there for a while!)
Here is Cramer's take on Jones Soda, JPMorgan Chase, Disney and more...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.
With 60 seconds on the clock, Cramer's got time to answer a few quick questions -- booyah free, of course.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.
Actor Stephen Collins is now in second place in "Trading With The Stars," moving up from 5th. He appeared on "Morning Call" today (the show he's playing for) and talked to CNBC's Michelle Caruso-Cabrera and Dylan Ratigan. Stephen says the switch from regular investing to "contest investing" is hard for him to get around.
Time to check in on our Trading With The Stars celebs and see where they stand. Overall their approach is a lot more conservative than the majority of our non-celeb leaders - more stable companies and purchases spread across multiple stocks, and it might end up being a race to see who can lose the least.
Here’s today’s next head to head battle: Industrial giant United Technologies (UTX) versus steel powerhouse Nucor (NUE). and.... click here for a link to the brackets as seen on TV!
U.S. crude oil futures ended lower for the fourth day in a row, dragged down by a slide in the equities markets amid worries over the subprime mortgage lending sector, analysts said.
A Valero spokeswoman said the company is cooperating with the investigation, but would not comment while the probe is underway.
Oil prices fell Friday as traders watched the stock market decline even further, renewing concerns that economic growth may stall.
U.S. crude oil futures ended higher for the seventh session in a row on Thursday as gasoline futures rallied amid refinery snags and shrinking supplies.
Oil prices soared above $60 a barrel as a rash of snags affecting U.S. oil refineries, pipelines, and an oil field sparked worries of a supply crunch in the world's biggest energy consumer.
Valero Energy expects its 170,000-barrel-per-day refinery in Sunray, Texas, will be shut at least through the middle of the week, a spokeswoman said on Sunday.
A fire broke out at a West Texas refinery Friday, injuring at least three people and sending a huge black cloud billowing into the sky.
Wild fluctuations in energy stocks have deterred investors recently. But analysts say the sector is still a good bet.
The Dow finished at an all-time high on investor optimism about the strength of the economy.
Last year may have been great for the energy sector, but so far 2007 is a different story. Oil prices fell to as low as the $50 range from $58.34 on Jan. 4 but have stabilized a bit since then. The sudden dip has pushed OPEC to enforce a proposed 500,000 barrel a day cut in production, starting Feb. 1. Even though Apache, Exxon Mobil, Marathon Oil...