Charlie Smith, CIO of Fort Pitt Capital Group, Wayne Kaufman, chief market analyst at John Thomas Financial, and Mike Khouw, director at Cantor Fitzgerald, told CNBC how investors can prepare their portfolios for the week ahead. Read More
ADP said May private sector jobs fell by 532k, about in line with expectations of a drop of 525k. The good news is that the level of job losses has clearly stabilized; the bad news is that we are still not seeing much of an increase in hiring. Bottom line: unemployment rate will continue to rise, at least in the near future. Read More
We’re "long overall" and believe that the market has a lot of room to go higher, said Wayne Kaufman, chief market analyst at John Thomas Financial. Read More