In what appears to be a bet consumers will stick with discount retailers even after the economy rebounds, Warren Buffett's Berkshire Hathaway increased its Wal-Mart holdings by almost 90 percent during the summer. It added almost 18 million shares, currently worth almost $1 billion, in the third quarter. Read More
The companies that are in the market are much stronger in terms of earnings power, said Bernard Lirola, a Morningstar 5-star-rated fund manager at Needham Growth. He gave the following actionable investment plays to investors. Read More
Thursday's economic reports should paint a fairly current picture of the state of manufacturing, housing, and the consumer, all key pillars of the economy. Read More
October could bring some rock and roll back to the stock market. "It's been a good run so far, so we should expect some kind of turbulence," said J.P. Morgan chief equities strategist Thomas Lee. Read More
The challenge for markets Thursday will be whether weekly jobless claims and existing homes sales confirm the Fed's view that the economy and housing are getting better. Read More