Charles Kantor, founder of the Kantor Group at Neuberger Berman, will join CNBC Pro for an exclusive Q&A on his investment strategy.» Read More
Oil supplies in the U.S. are at almost 20 year highs, heating oil supplies are near 25 year highs and consumers are really watching their budgets right now, "so we think oil at $70s right now is quite overpriced," said James Cordier, founder of Optionsellers.com.
There are still problems in the economy that have to be fixed before the market can continue its upward trend, said Andrew Kanaly, chairman of the Kanaly Trust Company and Bryan Piskorowski, managing director at Wells Fargo Advisors.
Technology and financial stocks have had their run since the beginning of this market rally so don’t expect to see a strong upward trend to continue going forward, said Jerry Jordan, portfolio manager at Jordan Opportunity Fund. He shared his investment strategy with investors.
Problems with the NYSE network caused trades in some stocks to be delayed just after the open. Some floor brokers did not received order acknowledgements, and even after the issues were resolved there was still a small crowd at the technology ramp trying to resolve issues with earlier orders.
A handful of retail stores reported upbeat earnings news on Thursday. Is the sector finally thawing? Retail analysts Kimberly Greenberger of Citigroup and Jeff Klinefelter of Piper Jaffray discussed their insights.
We’re going to have a couple of “very good quarters” and the stimulus is going to keep going all throughout 2010, said Jim Awad, managing director at Zephyr Management.
The Federal Reserve said on Wednesday it will extend the duration of a program to buy long-term government securities, and said the economy was showing signs of leveling out after 20 months of recession. Ken Volpert, portfolio manager at Vanguard Funds, and William Gross, co-CIO and founder of Pimco, shared their insights on the Fed’s decision.
Stocks advanced on Wednesday as investors got some much-needed good news on the economy, including a report that showed existing-home sales—and home prices—have started to rise. Mortgage applications fell 3.5 percent, however, as rising mortgage rates depressed refinancing demand. Read and listen to what the experts had to say...
Investors who want to capitalize on the coming global economic demand should put their money on metals, said Michael Widmer, metals strategist at Bank of America-Merrill Lynch.
The stock market rally will continue—but beware of a pullback, said Jeff Krumpelman of Hilliard Lyons Capital Management and Christopher Zook at CAZ Investments.
Educating the public about electric vehicles will take a lot of time, but implementing them is our future, said Rebecca Lindland, director of the Autos Group at IHS Global Insight.
Shares of United Rentals are holding above 8 as traders reposition their risk.
The summer rally hit its one-month mark today, but can it continue? Ernie Ankrim, senior markets advisor at Russell Investment, and Doug De Groote, managing director at United Wealth Management, discussed their outlooks.
There are signs that there’s pent-up demand forming for servers and storage and IT spending—demand which may come in 2010, said Craig Berger, senior technology, media and telecom analyst at FBR Capital Markets.
Federal Reserve policymakers kicked off the two-day meeting to determine the U.S. interest rate policy. John Lekas, CEO and portfolio manager of Leader Capital, and Michelle Girard, senior economist at RBS, weighed in on what investors should expect.
Mary Ann Bartels, head of technical market analysis at Bank of America Securities-Merrill Lynch, discussed what investors should be watching closely in the markets.
Barry James, president of the James Advantage Funds and Hugh Johnson, chairman and CIO of Johnson Illington Advisors discussed their economic outlooks and shared their investment strategies.
The Federal Reserve Bank of New York has embarked on a hiring spree, seeking to recruit traders to manage its bulging securities holdings, the Financial Times reported Tuesday.
Bank of America’s CEO Ken Lewis is certainly “one of the best managers of banks” in the United States and is clearly the best person to run the company, said Richard Bove, financial strategist at Rochdale Securities.
Federal Reserve policymakers are expected to hold a two-day meeting starting on Tuesday to determine U.S. interest rate policy. Sam Stovall, chief investment strategist at Standard & Poor’s, weighed in on how this week’s decisions will affect the economy.