The markets got off to a rough start on Inauguration Day, but Brent Wilsey predicts a honeymoon on Wall Street as Barack Obama moves into the White House. "When I feel the optimism today, how excited everybody is, I think he will have some honeymoon here," the president of Wilsey Asset Management told CNBC.
As investors brace for a dismal earnings season coming out of a turbulent fourth quarter in 2008, here is a look at the best and worst performing sectors so far in 2009.
Stocks continued their slide Monday as the economy and what is expected to be a horrendous earnings season formed a one-two punch to knock out hopes for a January rally.
Stocks were stuck in negative territory Monday, with pervading worries about the recession and the ways in which quarterly earnings reports would reflect economic difficulties dominating investor concerns.
Plus, Cramer makes the call on Nucor, BB&T, short selling and more.
The S&P fell on Monday with investors taking profits after last week's run-up; also concerns about slowing cell phone sales hit shares of the biggest telecommunications companies.
Stocks rebounded Friday as investors displayed some optimism for the new year, scooping up bargains in the consumer discretionary and energy sectors. The Dow ended above 9,000 for the first time since early November.
Stocks rebounded Friday, pushing the Dow above the key 9,000 mark as investors rang in the new year with optimism, scooping up bargains.
The Dow started the new year with a big jump on Friday as investors looked beyond grim economic data on hopes that a recovery is on the horizon after a disastrous 2008.
Stocks rebounded Friday, led by consumer discretionary and energy, after a quick dip triggered by an ISM report that showed manufacturing activity at a 28-year low.
The steel industry, having entered the recession in the best of health, is emerging as a leading indicator of what lies ahead. As steel production goes — and it is now in collapse — so will go the national economy, the New York Times reported.
After another 100 points shed in the market today, Cramer says only one thing would make him feel better: if just one portfolio manager would come out and admit that this is, in fact, not a good time to buy. Instead, there are a whole lot of "experts" out there insisting that they love this market and it's a great time to buy -- there's a lot of money to be made in the volatility, they say.
Want to know why there's been a flurry of downgrades recently? Here's the inside baseball.
The president-elect's spending strategy wasn't as big as we'd hoped. So what should investors do now?
We finished the day down, but these two guys were responsible for much of the trading session’s strength, Cramer says.
The Dow stumbled on Monday, roiled by worries about how big a bite the global financial crisis has taken from banks' profits and fallout from a massive investment fraud scheme.
Another day, another rumor that AK Steel is going to be taken over. While we have no information that can confirm or deny the interest, we do note unusually high options activity.
As construction-related names pick up steam with President-elect Obama's infrastructure plans, Century Aluminum is moving higher and seeing increased options activity.
Stocks moved off their lows and turned mixed, helped by a smaller-than-expected decline in October pending-homes sales and a rally in big-cap tech shares
The Dow jumped on Monday as congressional Democrats and the White House continue to negotiate a proposal to lend the struggling auto industry roughly $15 billion.