- Citigroup Lost $20 Million on Facebook IPO Trades
- Sticker Shock: What College Is Likely to Cost in 18 Years
- Marc Faber: Chance of Global Recession Is Now 100%
- Icahn Raises Stake in Chesapeake, Wants Board Seats
- Week Ahead: Europe Has Wall Street Bull on Short Leash
- What Happened to Stocks? Most Unloved in 50 Years
- Cool Jobs: From Gold Stacker to Bed Tester
- Many Greeks Moved Their Money Abroad Long Ago
- China, US, Japan Also Have Work to Do: EU's Barroso
- A New Look at the ‘New Poor’
- Six Pack: Beer Buzz of the Week
- Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst
- Under Pressure, FHA Skews to Wealthier Home Buyers
- Big Stock Upside for Hudson City Deal: Analyst
- 5 High-Yield Stocks Ready to Boost Dividends
- Yoshikami: Four Things You Need to Know About Gold Now
- Steinbock: The Euro Zone Endgame Begins
- Option Bulls Take Another Shot on Idenix
MOST SHARED
- Carl Icahn Increases Stake in Chesapeake, Demands Board Seats
- Citigroup Lost $20 Million on Facebook IPO Trades
- Europe Has Wall Street's Bull on a Short Leash
- Romney Leads Poll Of Small Business Owners
- Marc Faber: 100% Chance of Global Recession
- Astronauts Snare SpaceX Rocket
- The Key to a Successful Turnaround
- Judge Says Skilling Can Seek New Trial
- Facebook: The Song — Yes, We're Serious
- Bacon Tourism: From the Davos of Bacon to Bacon Mecca
MOST POPULAR
HOT ON FACEBOOK
Today's Top Videos: Time to Be Bullish on Gold?
Text Size 
The chairman of Cumberland Advisors predicts more bank failures, while Louise Yamada tells investors why now is the time to be bullish on gold. Following are today's top videos:
More Bank Failures Due
“I think the financial problem is halfway through the cycle, or something like that. There’s another shoe to drop ahead of us, and it could be more severe. The reason is that this time around, as financial firms need to raise capital, they’re going to have to pay a higher and higher price to get it -- some of them are not going to be able to get it. And so I don’t think we’ve seen the last of the bank failures…”
--David Kotok, Chairman and CIO, Cumberland Advisors
GE's Immelt on the Markets
“I would say environmentally and economically, we don’t see a lot different today than we saw in the middle of July –- the financial markets are still tough, housing prices are still going down, the U.S. consumer is still under some stress, but the global market remains robust. The export side remains very robust.”
--Jeff Immelt, Chairman and CEO, GE [GE
Loading...
()
]
Getting Technical
“Longer term, we are still [bullish on gold]. One of the things that have happened is that gold broke its support—its 8-month support—at $850. So the possibility of pulling back to the uptrend at around $760 still exists. We have to remember that it’s been 2 years since we had the major corrective pullback, which was also about 25 percent in 2006. So this is all part of the normal consolidation corrective cyclical bear market that occurs within an ongoing bull market environment.”
--Louise Yamada, Managing Director, Louise Yamada Technical Research Advisors
Discussing ARS Fallout
“First of all, the regulators, issuers and participants need to be commended for getting the ball rolling to restoring liquidity to this market. My concern is that the focus appears to be on sales practices point of sale between the financial advisor broker and their clients.”
--Ron Kruszewski, Chairman and CEO, Stifel Nicolaus
Maria's Market Message
“The July producer price index and earnings from Target [TGT
Loading...
()
], Home Depot [HD
Loading...
()
] and Hewlett Packard [HPQ
Loading...
()
] could set the tone for Tuesday. But it was financials dragging down the stocks on Monday. Weekly business magazine Barron’s reporting it is becoming increasingly likely that government sponsored mortgage lenders like Fannie Mae [FNM
Loading...
()
] and Freddie Mac [FRE
Loading...
()
] will have to be bailed out.”
--Michelle Caruso-Cabrera, CNBC’s Closing Bell
- The Nasdaq has suffered the most from the EU crisis showing there's risk in the usual tech stocks.
- Targeting more Millennials is just one of the items brewing for consumers in the world of spirits.
- It seems many people may need a reminder of how NOT to act on a plane. Here are a few tips.
- Here are some very unusual roadside stops along American highways that might peek your interest.
- How three generations of Americans are dealing with the finances of retirement.
Data is a real-time snapshot *Data is delayed at least 15 minutes
