With all the attention we lavish on Google as it breaks through one stock-price plateau or another, it seems only fair to cover the company's stock as it retreats as well. Retreat might be an understatement.
The biggest problem the market has is the choppy economic data we have been getting, which is muting investor enthusiasm despite the Fed cuts. But there are definite positive developments, including: 1) we appear to have put in a short-term bottom; 2) market up on Friday on very bad jobs report a good sign; 3) Microsoft offer for Yahoo.
Stocks opened lower on Wall Street Monday, led by financials, after brokers downgraded several big names in the sector, including American Express.
Europe's major stock indexes ended mixed Monday, despite trading higher throughout the morning session, following a weaker-than-expected rise in U.S. factory orders in December. The data pulled U.S. stocks lower at the open and took the shine of a recent boom in merger and acquisition activity.
Stocks opened lower on Wall Street Monday, led by financials, after brokers downgraded several big names in the sector, including American Express.
U.S. stocks opened lower Monday. Microsoft's bid for Yahoo, seen as a sign that many equities are attractively priced relative to value, inspired some investors.
U.S. stock futures pointed to a flat open on Wall Street Monday. Microsoft's bid for Yahoo, seen as a sign that many equities are attractively priced relative to value, inspired some investors.
There has never been a better time to own the financials, Cramer says.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.
The week ahead may be volatile, but markets are greeting it with less anxiety than we've seen in several weeks.
Stocks closed higher as investors appeared more enthused about Microsoft's bid for Yahoo! than they were concerned about the latest signs of economic weakness. The three major indexes each gained about 3-4 percent for the week, but the market still has a way to go to recover from January's rout.