Oil's move to a six-week low has been cheering the stock market, but the question is for how long?    Read More

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Can bad Washington policies sometimes work to the benefit of financial markets? In the short run the answer is certainly yes. Nothing illustrates this point better than the gigantic Fannie-Freddie housing bailout bill that will soon pass Congress and be signed into law by President Bush.    Read More

In a vote of no confidence in the housing market, President Bush this morning revoked his threat to veto the housing rescue bill, which is making its way to a vote on the House floor today.    Read More

Oil's trend lower has whipped up buying in stocks and could do the same Wednesday, if a string of major blue chips' earnings don't disappoint before the opening bell.    Read More

Financials are also moving up; for all the disappointments associated with Wachovia missing big and cutting dividends, there is a sense that the downside might be limited here, a sense that financials are in buy the dip mode.    Read More

The markets might not feel safe until the SEC puts this former regulation back on the books.   Read More

Skeptics correctly point out that last week's trifecta of news (bank earnings above expectations, new limitations on naked short selling for select financials, and the Fed/Treasury helping out Fannies/Freddie), primarily benefited financials. What's changed for everyone else since then, skeptics ask? Not much.    Read More

Stocks are casting a wary eye on oil and, lacking any dramatic events, earnings news could steer the market.   Read More

The Dow closed with fresh gains Friday due to a smaller-than-expected loss from Citigroup and the biggest weekly dollar drop ever in oil prices. What's the "Word on the Street?"   Read More