John Melloy was the executive producer of CNBC's "Fast Money" and the "Fast Money Halftime Report" until October 2013. Before returning to CNBC, he was chief executive officer of StockTwits.com, the leading social networking platform for stocks. He began his career at Bloomberg News in 1999 and rose to team leader of U.S. stock market coverage there before leaving for CNBC in 2006 to launch "Fast Money."
The correlation of S&P 500 members to daily move in the benchmark overall has been steadily rising toward parity over the last 10 years, a sign that exchange-traded funds, electronic trading and a short-term mentality is slowly killing individual stock picking based on fundamentals.
Companies are surprisingly quiet while analysts have begun slashing estimates aggressively heading into the end of the second quarter, a phenomenon that could mean we’re in for some surprises over the next week, and not the good kind either, investors said.
GoDaddy will price its initial public offering at $20 per share, above its previously indicated range, Reuters said.
Jim Cramer goes off the charts to find out S&P 500 could be headed. A bumpy road in the cards?
CNBC "Fast Money" traders picked their best plays on the continued up-and-down movement in oil prices.
Jim Cramer sees there is one problem that is effecting every investment decision made right now.
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