Trader Talk
- Risk Trade Is Back On
- This Week's Biggest Story: The Dollar
- Corporate Issuance Continues at Torrid Pace
- The Bernanke Dollar Bounce & Gross Says Forget About Rate Hike
- Colgate Really Sparkles After Hours
- Light Volume Has Traders Complaining
- Gold Shatters Another Record
- Have Retailers Reached Their Limits?
- The Retail Mind Game
- The Gold Rush Is On
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CNBC Reporter
Major indices posting strong gains on a new low in the dollar. Three to one advancing to declining stocks; volume is light.
The weaker dollar, predictably, is pushing up commodities across the board: metals, fertilizers, coal and energy up across the board.
Financials are underperforming as North-Carolina based BB&T [BBT
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] became the first large regional bank to report...while they beat consensus, credit concerns remain.
One positive surprise: retail stocks, with many big names like Nordstrom [JWN
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] and Limited [LTD
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] up 2 to 5 percent. The S&P Retail Index [RLX
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] has hit another post-Lehman high.
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POPULAR TRADER TALK POSTS
- Risk Trade Is Back On
- This Week's Biggest Story: The Dollar
- Corporate Issuance Continues at Torrid Pace
- The Bernanke Dollar Bounce & Gross Says Forget About Rate Hike
- Colgate Really Sparkles After Hours
- Light Volume Has Traders Complaining
- Gold Shatters Another Record
- Have Retailers Reached Their Limits?
- The Retail Mind Game
- The Gold Rush Is On
Data is a real-time snapshot *Data is delayed at least 15 minutes