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."
Since earnings season began with Alcoa's report on July 8, the S&P 500 has rocketed off a short-term low by 11 percent.
Even though only 11 percent of the S&P 500 has reported second-quarter earnings so far, it's probably not too early to say we've seen the best of this earnings season.
Traders got a kick out of how perturbed the lawmakers got at Paulson's repeated failure to speak into the mic correctly. Take a look
Virtually every positive story for the U.S. market today can be linked back to China and Premier Wen Jiabao's stimulus plan. How can you ride the China wave?
It has become readily apparent that good enough is no longer good enough for this market.
A bearish chart pattern is generating a lot of chatter around trading desks.
The Bulls who have used this pullback over the last three weeks as a buying opportunity are now facing a bearish chart pattern that's getting a lot of chatter around trading desks.
If the stock market is in fact the best predictive mechanism we have available, then get ready for one heckuva a recovery over the next six months.
It sounds like something out of "Monty Python and the Holy Grail," but it is actually a technical analyisis indicator with a stellar track record.
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