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."
Sell the rally. So says, Stephen Weiss, Fast Money trader and partner at Short Hills Capital. Here's how he's positioning right now.
Public pension funds managing the retirement and health care benefits of teachers and firemen are pouring money into hedge funds, as much as doubling the money they allocate to the industry, in a desperate attempt to bridge the funding gap in their plans.
Gold will more than triple to $5,000 an ounce because of a lack of supply, not just because of a surge in demand, a report by Standard Chartered predicts.
This month, the battle over raising the country’s debt ceiling is likely to be a nice preview of the bipartisan budget battle that will rage until the final moments of Election Day, 2012.
Municipal bond funds had their first weekly inflow since Meredith Whitney’s infamous December appearance on “60 Minutes,” where the analyst predicted that up to 100 muni bond defaults would cost investors in this traditionally conservative marketplace billions.
President Obama is once again hinting that he may be willing to tap the SPR, which holds almost 727 million barrels of crude. But if he does, the message he may unintentionally send about the US economy, could do much more harm than good.
“Groupon and the rest of the industry has grown so rapidly because, for the first time in history, merchants can leverage the Internet in scale,” says one analyst. “The deal commerce space is going to be massive.”
Many traders are choosing gold and silver as a refuge over stocks right now. Are these precious metals really that much more valuable?
Wall Street analysts weighed in on what they think of the Netflix price hike news.
Detwiler Fenton sent a note to clients stating iPhone sales are down year over year in North America, according to its channel checks.
Fourteen fund managers are given $100,000 to invest over 2015. Follow their buys, their sells, their winners, their losers and get inside what makes them some of the smartest investors on the planet.
Six traders are each given a theoretical $100,000 to invest in five securities. Track their trades and portfolio performance over the course of the year and read the analysis behind their moves.
The Bank of America Merrill Lynch "Sell Side Indicator" predicts the S&P 500 will rally 18% over the next 12 months.
The Nasdaq composite spooked investors on Monday after forming the trading pattern that's often a precursor to future losses.
JPMorgan reached out to fund managers to find out their current concerns and analyze the prospects for the biotech sector.