Earlier this morning, when I saw an analyst had upgraded Best Buy from an underperform to neutral, I tweeted: “No guts no glory. Either buy or sell. "Neutral" should be eliminated from the ranking system.”
Natural gas futures surged over 12 percent on Thursday, topping $2.46 per million British Thermal Units (BTUs), after an unexpectedly bullish storage report helped prices rally above key technical levels.
Month-to-month foreclosure activity jumped in May to 9%, reports CNBC's Diana Olick.
Take a look at some of Thursday's midday movers:
Camilla Sutton of Scotiabank, offers insight on how to trade currencies amid Europe's uncertainty. "Risk and reward is best in currencies that have less binary risk," says Sutton.
The FMHR traders share their top three trades of the day, including Nokia, Expedia and gold; and discuss Goldman Sachs' call of the day to avoid "deep value tech" stocks.
Insight on stocks making the biggest moves in the market today, with the Fast Money traders.
The software sector is rife with speculation that technology giants looking to diversify from PC and hardware sales will buy software specialists like Quest Software and BMC Software as merger and acquisition activity heats up in the sector.
The U.S. Dollar Index may be giving up some ground today, but thus far this year, the dollar has been strong. Rich Peterson, S&P Capital IQ, weighs in. "The rising dollar is boosting U.S. acquisitions in Europe," says Peterson.
CNBC's Steve Liesman discusses how the markets are faring ahead of this weekend's Greek election; and the FMHR traders discuss the state of Credit Suisse since the Swiss Central Bank said it needs a "marked increase" in capital ahead of a possible deepening financial crisis, with Dirk Becker, Kepler Capital Markets analyst.
The upcoming Greek election could determine whether Greece remains in the euro zone. Here's your trading plan.
Investing is "unusually difficult" because of current uncertainties and there are some signs that the markets are pricing a "rare disaster" – but the situation is not as bad as it was in 2008, analysts at Goldman Sachs wrote in a market note.
Helen Zhu, Goldman Sachs chief China equity strategist, discusses the dip in China's GDP and its impact on global markets.
CNBC's Sharon Epperson reports the weekly numbers from the EIA Inventory Report on natural gas.
Rick Marini, BranchOut CEO and founder, discusses his efforts to take on LinkedIn and explains how Facebook is driving traffic to its apps and onto mobile devices.
The betting among Navistar watchers is that something has got to happen. Either the company has to be acquired, restructured and/or its board and/or management has to go.
One year ago, Ron Johnson was announced the new CEO of JC Penney, and the stock is down about 26% since. Deborah Weinswig, Citi retail analyst, says wait to see how the stock fares in August when 47% of their product will be new.
Art Cashin of UBS discusses what to watch in the markets today, including the upcoming Greek elections. "This is a good weekend to have lots of ice cubes on hand," says Cashin.
U.S. stock index futures rebounded Thursday amid growing hopes for stimulus from the Federal Reserve on the heels of several weak economic reports, but ongoing uncertainties in the euro zone kept a lid on gains.
Take a look at some of Thursday’s morning movers: