- Mad Mail: Chesapeake Energy Is Hiring?
- Lightning Round: Royal Dutch Shell, Bank of America, RF Micro Devices and More
- Lightning Round OT: Harley-Davidson, Heartland Payment and More
- Cramer’s Christmas List
- Cramer: This Stock Offers ‘Plenty of Upside’
- Cramer Cuts Through Bears' Bull to Explain Tuesday's Market
- Your First Move For Wednesday November 25th
- Web Extra: Seymour's M&A Play
- Pops & Drops: American Eagle, Green Mountain Coffee...
- Giving Thanks: Najarian
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- CNBC Anchor Takes a Sabbatical
- Privately Held Facebook Creates Dual-Class Stock
- NBA D-League On The Rise
- On Twitter, Beware False Prophets
- Boeing, Duke Energy Win Smart Grid Stimulus Grants
- Is Genius Contagious?
- Citi Mortgage Reveals What Treasury Won't
- Nov. 24: Unusual Volume Leaders
RSS FEED
Text Size 
Followed by a year marked by the worst financial crisis since the Great Depression, optimism for a modest recovery seems to have taken root among some investors.
”We've made the lows for the cycle; we won't go up in a straight line, we'll have a saw-tooth pattern, but I think we'll get to 1,200 [for the S&P] before the year is out,” said Byron Wien, Pequot Capital Chief Investment Strategist, during an interview on Squawk Box yesterday. (Read Byron Wien's Top Ten Predictions for 2009)
In the last eight trading sessions and as of yesterday's close, the S&P 500 Index was up 8.3%, followed by a gain of 7.6% for the NASDAQ 100, a rise of 7.1% for the Dow, and an increase of 9.8% for the Russell 2000. Today, the markets are down on some tough economic news.
Within the NASDAQ 100 Index, companies such as Microsoft (MSFT), Google (GOOG), and Cisco Sytems (CSCO) jumped over 7% in the first three trading days of the year. The biggest gainers as of yesterday included NII Holdings (NIHD), Wynn Resorts (WYNN), and Sun Microsystems (JAVA), each having jumped over 30% YTD.
The following table depicts the top ten percent gainers in the NASDAQ 100 for the first three days of the year:
 |
- Remember when auto shows were major events where new models could generate buzz?
- CNBC’s Mike Huckman visits a cutting-edge plant to see how the flu vaccine of the future is being made.
- People who bottle up their anger at work are up to five times more likely to suffer a heart attack, a study found.
- Playboy will outsource its publishing operations in a bid to become profitable again.
- A new McDonald's in Manhattan is the nation's first to sport a sleek, chic interior imported from stores in London and Paris.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
Data is a real-time snapshot *Data is delayed at least 15 minutes