Friday marks the monthly expiration of November options, at time when markets can be especially volatile. So how can investors benefit from the volatility? Richard Sparks, senior equities analyst at Schaeffer’s Investment Research, shared his insights. Read More
Peter Costa, president of Empire Executions and CNBC market analyst and Kim Caughey, VP and senior equity analyst at Fort Pitt Capital Group told how investors can prepare their portfolios for the week ahead. Read More
Strong sales of disinfecting products spurred by swine flu fears helped Clorox post a bigger-than-expected quarterly profit. Who else might benefit? Read More
Despite a pull back in the U.S. equity markets last week, the S&P and Nasdaq Composite are having their best September since 1998 so far, while the Dow is on track for its biggest % gain in September since 2007. Even though September ranks as the worst month historically on average for all three indices, the Nasdaq Composite has traded up 12 sessions out of 19 as of Monday's close while the Dow and S&P have finished up 11 days of 19. Read More
As we approach another quarter and month end, with just four days to go, the Dow is on track for its best third quarter since 1939, the S&P is on course for its biggest Q3 gains since 1970, and the Nasdaq Composite is having its best Q3 since 1997, based on September 24 closing levels. Will the markets continue to hold on to gains or sell off by the end of the year? Read More
Priceline.com was up 14% yesterday after beating Q2 earnings estimates on strong sales and bookings and guiding above expectations for its current third quarter. The company noted that its results have been and continue to be helped by strong demand for leisure travel this summer, which has been spurred by lower prices via heavy discounting. Read More
Whither stocks? We are overbought, but that doesn't mean the markets will drop. Traders have been worried that the market rally is showing signs of aging; for example, the percentage of stocks below their 10-day moving average is faltering. Read More
Freddie Mac up nearly 100 percent after reporting its first quarterly profit in nearly two years (excluding the dividend payment to the government). A change in accounting rules, lower funding costs, lower provisions for credit losses, and gains on the company's derivative portfolio were all factors. Read More
As investors debate whether the stock market gains are sustainable, Barry Knapp, Barclays Capital Managing Director, believes that it is time to be very selective with stocks. Read More