Stocks kicked off December with a rally Tuesday as fears about the Dubai situation subsided but pared their gains after a lower-than-expected reading on manufacturing.
What must you know to trade banks in the wake of Dubai as well as a sharp increase in capital requirements? For insights we turned to widely followed analyst Dick Bove.
The opportunity in the financial sector continues to be in distressed assets, said Anton Schutz, portfolio manager at Mendon Capital.
Sunday was the official start of summer as the summer solstice, the day when the Earth's axis is most inclined toward / away from the sun, occurred. Here are the historical averages for the markets and last year's biggest gainers between the summer solstice and the autumnal equinox:
With big banks gaining a whopping 48% on average over the last few months – how should you game the financials?
It seems there’s a new rivalry among regional banks. This competition is all about selling more stock!
Banks were hurt by a recent report by Mike Mayo, Cramer tells you why you should pay no attention to it, and points out the best and the worst in the sector.
The Treasury Department's $700 billion bailout plan, also known as the Troubled Asset Relief Program (TARP), is one of the main U.S. tools to address the financial crisis.
Like we told you days ago consolidation in the financial services sector appears to be taking hold.
Will access to the Treasury's rescue fund spark mergers among regional banks?
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
In an election year, there is a lot of talk about flip flops. If you want to see some real reversals, take a look at the markets. Energy, which is the leading sector over the past six months, is now the worst performing sector while Financials have moved from the cellar to the penthouse in the same period.
For the week ending Friday, July 18, 2008, the U.S. markets saw extreme volatility yet settled higher on better-than-expected earnings results, a pullback in crude oil, and an indication that the Fed will hold interest rates steady. Nonetheless, the Dow had its best week since April 18 and its best 3-day percent gain since March 2003 even after closing below 11,000 for the first time since July 2006.
Nearly 1.3 billion shares and $13.5 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...
You thought IndyMac was it? Nope. Here's your how-to for getting through.
We started to hear rumblings last week about how residential construction loans are weighing heavily on local banks because, big surprise, some of the builders are having trouble keeping up with the payments.
These names are going down, so steer clear.
As of this morning, 143 (just under 30%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Is it time to jump back into beaten-down financial stocks--or is it still too early? Even the financial giants themselves can't agree.
Goldman Sachs said Tuesday it selectively upgraded shares of some brokers and asset managers, but remains cautious on stocks of regional banks, mortgage and specialty finance companies and real estate investment trusts.