Trader Talk With Art Cashin
Airtime: Fri. Aug. 13 2010 | 8:50 AM ET
The buzz from the NYSE, with Art Cashin, of UBS.
Airtime: Fri. Aug. 13 2010 | 8:50 AM ET
The buzz from the NYSE, with Art Cashin, of UBS.
The housing recovery will continue to be mixed after a year-over-year drop in January marked an improvement over December, says David Blitzer, Chairman of the Index Committee at S&P.
The new banking rules will bring some stability to the financial system, believes Kirby Daley, senior strategist, Newedge Group. He shares his thoughts with Karsten Schroeder, CEO, Amplitude Capital, CNBC’s Martin Soong and Sri Jegarajah.
While Kirby Daley, senior strategist at Newedge Group, believes China will not over tighten, Karsten Schroeder, CEO, Amplitude Capital is concerned about the longterm implications of China relying solely on exports to sustain growth. They share their thoughts on the Chinese economy, with CNBC’s Martin Soong & Sri Jegarajah.
Tom Ward, CEO of SandRidge, discusses the future of oil with the Fast Money crew.
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.
The VC Bright Spot, It’s a bull market for venture capital, with CNBC’s Julia Boorstin,