Stock markets are just at the beginning of a larger rally which could see the major indexes jump another 20-to-30 percent and banks are the best bet, Michael Browne, portfolio manager from Sofaer Global Research, told CNBC.
The bears seized control of the stock market on Wednesday; and intense selling into the close left both the Dow and S&P in the red for the day.
Alan Gayle of RidgeWorth Capital Management said the economy’s transition from “hopes for survival” to “expectations of sustainability” is causing the market to "raise the bars for itself."
With the finale of a popular reality series at hand we got to thinking, who should be crowned the new Wall Street Idol.... errr King of Wall Street?
After hours action in Hewlett-Packard points to a lower open. What do you need to know?
Stocks ended a rocky session mixed as a banks rally fizzled and an unexpected drop in housing starts left investors a little shaky. Still, a gauge of fear dropped below a key level.
Investors can control risk factors by investing in managed ETFs, said Carrie Coghill Kuntz, president and co-founder of D.B. Root & Company.
pril 2009 is already the most active month since July 2008. Thus far, however, all the IPOs this year have been tiny by historical standards.
On Tuesday traders were talking about declines in the Vix. Historically, when the Vix has closed below 30, the S&P 500 has climbed 6% in the following 6 months.
Stocks bounced back Tuesday as banks rallied and a gauge of fear in the market dropped significantly.
Stocks declined Tuesday after housing starts unexpectedly fell to a record low.
Futures pared gains Tuesday after housing starts unexpectedly fell to a record low. Futures had been pointing higher for most of the morning, buoyed by news that banks may break free from the government's grip.
As Goldman Sachs, Morgan Stanley, and JP Morgan Chase are amongst the first banks expected to pay back the TARP, the S&P Financials have been leading the charge since this rally began. But which banks have been the best performers of late?
Americans were promised a reward for rescuing the nation’s banks. In return for all those bailouts, the banks essentially granted stock options to the government — a potential jackpot for taxpayers once the crisis blew over, the New York Times reported.
Plus, Cramer answers questions about secondary offerings and the banks and investors who may – or may not – benefit from them.
Sure, JPMorgan Chase and Goldman Sachs are top-notch firms, but they don’t hold the most potential upside. Here are the three that do.
A big rise in bank stocks combined with an influx of bargain hunters Monday helped stocks reverse much of the effects of last week's slump.
Bank stocks have started off the week at a gallop. Will this trend continue straight upward — and how should investors play it? Bob Doll, vice chairman & global CIO of equities at BlackRock, offered CNBC his take on the sector.
State Street started a public offering of its common stock Monday and said it was planning a separate public offering of non-guaranteed senior notes soon, to be able to repay the funds it received under the government's TARP program.
The CME jumped about 12% this week, with investors betting this exchange has the most to gain as the US cracks down on loosely regulated derivatives.