“I’m looking to get long,” says Jon Najarian on CNBC’s Closing Bell. Not tomorrow because there will probably be more selling, but soon...”   Read More

After the close, Washington Mutual reported earnings notably below expectations. The bad news is that there is more credit deterioration, which is creating more provisions for losses. The good news is the company felt they had "sufficient capital", with $40 b of available liquidity at the end of the quarter, and that 2008 would be the peak year of loss provisioning.    Read More

The Lightning Round is extended in this CNBC.com exclusive feature.   Read More

Two pieces of positive news this morning: 1) Wal-Mart sales better than expected and raising guidance, and 2) Dow Chemicalspacer buying Rohm and Haas. Jobless claims lower than expected is also a help.   Read More

Keeping up with the Joneses used to mean having the fastest BMW on the block. But not these days...   Read More

Since the time of Joseph (or at least Joseph and the Amazing Technicolor Dreamcoat) stores have been pinning their lousy sales on the weather…   Read More

How long can a slow economy mean good times at Wal-Mart? The company is betting that the traffic boost from rebate checks will carry into June and that grocery sales will still be strong in the month ahead. That’s why they’re forecasting sales up between 2-4%.    Read More

Oil suffocates any chance of stock gains and the Fed minutes further the declines. Also, playing the airlines as a proxy for oil and Dick Bove on summer for the financials.   Read More

More selling could be in store Wednesday as oil's wild ride higher threatens to again derail stock prices.    Read More

As expected, the ECB and the Bank of England left interest rates unchanged; the ECB at 4.0 percent. Futures dipped a bit at 8:50 am ET as Mr. Trichet began talking, giving his usual speech on the importance of combating inflation.    Read More