Markets Digest Housing Data
Airtime: Tues. Aug. 17 2010 | 8:33 AM ET
Insight on the markets following the release of housing starts data, with CNBC’s Rick Santelli.
Airtime: Tues. Aug. 17 2010 | 8:33 AM ET
Insight on the markets following the release of housing starts data, with CNBC’s Rick Santelli.
CNBC’s Larry Kudlow discusses his one on one interview with Treasury Secretary Timothy Geithner.
Discussing whether there is a second half slowdown in the market, with John Rutledge, former Reagan economic advisor; Peter Navarro, UC Irvine business professor and Peter Morici, University of Maryland.
CNBC’s Carl Quintailla is at the Rock N’ Roll McDonald’s in Chicago with a closer look at this fast food chain and American titan.
James Surowiecki from the New Yorker discusses Health Care with David Cutler.
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.
Fitch Ratings downgraded Spain’s credit rating by one notch on Friday, with Win Tin, Brown Brothers Harriman sr. currency strategist.