Timing the Next Correction
Airtime: Wed. Apr. 7 2010 | 2:00 AM ET
There will be a correction in the stock market “at some point,” Anthony Fry from Evercore Partners told CNBC Wednesday. But it’s unclear when that correction will occur, he added.
Similar Posts
Spending Up, But Income Gains Hit 14-Month Low
US consumer spending rose by less than expected in September as income fell for the first time in 14 months. CNBC’s Rick Santelli delves into the data.
Reacting to FOMC Decision: Bill Gross, Ken Volpert David Kelly,etc..
Insight on what the FOMC decision signals for the economy and markets, with Bill Gross, PIMCO, Ken Volpert, Vanguard Principal; David Kelly, JPMorgan Funds; and CNBC’s Steve Liesman & Rick Santelli.
Bond Kings Talk Fed Decision
Insight on the Fed’s decision, with Ken Volpert, Vanguard principal, and William Gross, PIMCO co-CIO & founder.
Byron Wien's Market Outlook 2.9.10
Byron Wien, senior managing director of the Blackstone Group, shares his market outlook.
Awful Month on Wall Street; Stocks Close Below 200 DMA Line!
Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.
Revised Q4 GDP 2.26.10
CNBC’s Rick Santelli has the breakdown of the economic data and analysis with Tony Crescenzi, Pimco senior VP/market strategist & portfolio manager; Barry Knapp, Barclays PLC head of U.S. portfolio strategy; Frederic Mishkin former Federal Reserve Board governor and CNBC’s Steve Liesman.
