Stocks slipped Wednesday after a senior Fed member said policy makers should start raising rates to 1 percent soon.
A number of stocks are regaining their losses thanks to a good, old-fashioned narrative, Cramer says.
Stocks slipped Wednesday after a senior Fed member said policy makers should start raising rates to 1 percent soon.
Yikes! The Mortgage Bankers Association reported that 30-year fixed rate mortgages jumped a quarter point to 5.31 percent (!!) last week, the highest level level since August. Little wonder the volume of mortgage applications fell 11 percent. Also: retailer optimism and a caution on bank earnings. (UPDATED)
Stocks were weak Wednesday amid jitters about Greece's debt problems and the 10-year Treasury auction this afternoon.
Yikes! The Mortgage Bankers Association reported that 30-year fixed rate mortgages jumped a quarter point to 5.31 percent (!!) last week, the highest level level since August. Little wonder the volume of mortgage applications fell 11 percent. Also: retailer optimism and a caution on bank earnings.
U.S. stock index futures edged slightly lower ahead of the open Wednesday, with the Dow Jones Industrial Average poised just below the psychologically important 11,000-point mark.
This week Cramer will offer his top five plays on this soon-to-be-resurgent state.
There are exactly five sectors where analysts have, on average, raised their earnings estimates during the last month, and exactly five sectors where analysts have negatively revised their consensus estimates.
Another strong round of retail sales came in this morning, with broad gains across the board in February despite wintry weather throughout much of the Midwest and East Coast.
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New data from SpendingPulse suggests Thursday's same-store sales numbers might surprise, pleasantly. How should you be positioned?
Stocks struggled Wednesday as investors digested a solid report on the services sector and a few soft readings on jobs. After getting the year off to a strong start, stocks have languished somewhat as investors await insight on interest rates — and jobs.
Now that Goldman Sachs has added 3M to its Conviction Buy list, where's the next opportunity in metals and miners?