Trader Talk With Art Cashin 3.15.10
Airtime: Mon. Mar. 15 2010 |
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
Airtime: Mon. Mar. 15 2010 |
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
President Barack Obama discusses the issue of health care for seniors, as well as steps the government is taking to combat fraud in the Medicare system.
Anticipating a busy week on the jobs & housing front, with Ward McCarthy, Jefferies, and Cameron Findlay, LendingTree.com.
Discussing the worst trade of an otherwise stellar career, with Steve Schwarzman, Blackstone Group’s chairman, CEO & co-founder.
Insight on the electric car company’s IPO, with Tesla CEO Elon Musk and CNBC’s Phil LeBeau.
Note: We’ve had a ton of great feedback on the 2nd clip (below)! 1. Starting at 4:45min- When I asked Maria if she would put her money in European Banks? I meant- would she deposit her personal savings in a European bank? She thought I was asking if she would invest her money in European…
Looking at the market, since Monday’s follow-through day, the market and a batch of leading stocks, steadily rallied which is a healthy sign. The fact that we have not seen any serious distribution days show up since Monday’s FTD bodes well for this nascent rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to start buying high quality breakouts. Trade accordingly.