STOCKS FINALLY GO SOMEWHERE AND IT'S UP: Here's What You Need To Know (DIA,...
Markets finally perked up after days of painfully low volatility. First the scoreboard: Dow: 13,250, +85.3, +0.6%S&P 500: 1,415, +9.9, +0.7%NASDAQ: 3,062, +31.4, +1.0% And now the top stories: If...
View ArticleReally Bill Gross? Really?
On CNBC today, PIMCO's Bill Gross doubled-down on a tweet from earlier about how Paul Ryan's selection could explain the recent Treasury selloff. He explained to CNBC: I'm not knocking Paul Ryan...
View ArticleJPMorgan's Tom Lee Explains Why Everyone Else Is So Darn Bearish
JPMorgan's chief U.S. equity strategist Tom Lee has made some pretty bullish calls lately amid widespread investor gloom. Lee was just on CNBC this afternoon and was asked to weigh in on the debate...
View ArticleJIM ROGERS: Neither Presidential Candidate Will Get Us Out Of This Mess
As the elections get closer the rich and famous are getting more vocal about who they're backing. Enter commodities guru Jim Rogers who thinks neither President Obama, nor Republican hopeful Mitt...
View ArticleCITI: We See No Reason Why Gold Can't Go To $6,300
According to Citi technical analyst Tom Fitzpatrick, the charts are saying that gold prices are heading up. He has recently been calling for the yellow metal to hit $2,400 by the end of the year. But...
View ArticleGap CEO Glenn Murphy Explains How The Company Became Relevant Again (GPS)
The Gap just reported awesome earnings, with profits up 29 percent in the second quarter. And CEO Glenn Murphy just said how the company, which includes Banana Republic, Old Navy and Athleta in...
View ArticleROSENBERG: 2 Bad Things Happened The Last Time Food And Gas Prices Moved Up...
David Rosenberg writes in today's Breakfast With Dave note: The spike in food and gas prices casts a cloud over the back-to-school shopping season – a big drain on cyclical spending right into the...
View ArticleHere Are The Big Market Moving Events For Friday, August 17
Releases scheduled Friday look set to send investors sailing into the weekend without too much extra to worry about. Here's what you need to know. Germany reports producer prices at 2:00 a.m. ET....
View ArticleHEY, AMERICA: Check Out How 90% Of Us Have Gotten Shafted Over The Past 30...
Income inequality is arguably the most important economic story in this country right now. With all of America's income gains now going to the richest 10% of Americans--and especially the richest...
View ArticleCHART OF THE DAY: You Want To See A Stock Market Crash? Here's A Stock Market...
As major indices return to their all-time peaks, Business Insider decided to take a look at one index that is nowhere near its old high: The tech-heavy NASDAQ. Shares remain 40 percent below the 2000...
View ArticleStephen Roach's Nightmare Involves Romney Triggering A Trade War With China
U.S. policymakers have long argued that China manipulates its currency. Presidential candidate Mitt Romney has gone so far as to say he would call China a currency manipulator on his first day in...
View ArticleRichard Schulze Is Now Enlisting Allies To Take Over Best Buy (BBY)
Best Buy founder Richard Schulze is in the middle of an ongoing fight with the company's board of directors to buy back the consumer electronics retailer, and now he's enlisting some allies, reports...
View ArticleWhen The Prime Minister Of Greece Says A Eurozone Exit Would Be...
Today in Athens, Greek Prime Minister Antonis Samaras said that a Greek exit from the Eurozone would be "catastrophic." What did he mean? Well many people have predicted that a Grexit would lead to...
View ArticleFED MINUTES: MORE FED MEMBERS FAVOR EASING IF LOW GROWTH CONTINUES
UPDATE: More Federal Open Markets Committee members say they favor additional quantitative easing if the economy cannot sustain growth, according to newly released minutes of the Fed's August meeting....
View ArticleMarkets Instantly Jump, Dollar Weakens After Fed Minutes
The minutes of the August Federal Open Market Committee (FOMC) meeting are out. More members said they would favor more easing should growth remain weak. Markets quickly erased losses. The Dow is down...
View ArticleCITI: There's A 90% Chance That Greece Leaves The Euro — And It Could Happen...
Citi has long been among the most bearish banks on Greece's prospects of staying in the euro, and now they're getting even more specific and dire in their forecasts. In a new note out today that's...
View ArticleCiti Expects Only These Two Places In The World Will Have AAA Ratings In The...
NOTE: Earlier we wrote that only two countries would maintain AAA ratings. As we learned a year ago with the US credit rating downgrade, no country's pristine AAA credit rating is safe. Citi's...
View ArticleSTOCKS ERASE LOSSES AFTER FED SAVES THE DAY: Here's What You Need To Know...
Markets erased early losses after the Fed's FOMC minutes revealed that members were more open to easy monetary policy. First the scoreboard: Dow: 13,172, -30.8, -0.2%S&P 500: 1,413, +0.3,...
View ArticleHP Earnings In Line, Lowers Guidance Slightly (HPQ)
UPDATE: Hewlett-Packard reported second quarter results that were in line with Wall Street forecasts, as sales fell some 5 percent to $29.7 billion. The company said it earned $2 billion, or $1.00 a...
View ArticleDEAR FACEBOOK: Jump Into Search And Triple Your Stock Price
Facebook's demolished stock caught a minor lift this afternoon when Josh Constine of TechCrunch reported that the company is getting ready to launch a Facebook-specific type of search ad. This news...
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