Markets whipsawed on Monday as investors digested the Dubai news. Chief Executives Rich Berg of Performance Trust Capital Partners and Roy Williams of Prestige Wealth Management shared their market outlooks.
Chartologists, including Greg Troccoli, are seeing a head-and-shoulders formation taking hold on the S&P today. Is it signaling a market reversal?
If this recession is a long black tunnel, we may be nearing that elusive ray of light! Here are three picks to get on your radar, pronto!
As we dig around the rubble of the economy for some glimmer of hope, DeBeers gives us a real shiner: They’re ramping up diamond production in anticipation of a better Christmas this year than last.
Tiffany is seeing some heavy call activity as it tries to break out of its recent trading range.
A large put trade has been made in Tiffany as its shares have fallen ahead of its holiday sales report Wednesday. One trader this morning bought 10,000 of the January 20 puts...
Emerging markets shares, financials and solar stocks remain the top stocks sought by short sellers in the past week, according to Locatestock.com.
Both the variety and volume of stock being sought by short sellers this week has increased significantly, says John Tabacco, CEO of Locatestock.com. Lehman and Crox remain among the stocks sought most by short sellers, and solar stocks are in the top 10 on his firm's list.
It's not surprising but some retail names are increasingly showing up among the stocks sought by short sellers. Locatestock.com, which locates stocks for short sellers, says its top stocks sought by shorts this week include Crox, First Marblehead and retailer DSW.
For the week ending Friday, March 28, 2008 the US Markets ended mixed after starting on a high note Monday extending last week's market rally. The winning streak came to an end on Tuesday when the Dow closing down for the first time in three sessions. The NASDAQ had the strongest performance of the week managing a positive gain despite weak earnings from Oracle and poor performance from Google . Economic data dragged on the markets with consumer sentiment and confidence at low levels and negative housing data.-Next week the markets will watch Friday's jobs report for evidence of recession, and any revisions on guidance as we move into earnings season. Alcoa kicks off "official" earnings season on Monday, April 7th after the bell. The big companies for next week all hit on Wednesday with RIM , Monsanto and Best Buy all reporting earnings.
Stocks closed lower Friday after a profit warning from J.C. Penney, which renewed fears about slower consumer spending. Financials and techs caved in after earlier attempts to rally.
Stocks advanced Friday, boosted by benign inflation data and an upgrade on Lehman Brothers.