Buffett & Becky
Airtime: Thurs. Sept. 23 2010 | 8:30 AM ET
CNBC’s Becky Quick talks to Warren Buffett about the the American consumer, and economic and tax policies.
Airtime: Thurs. Sept. 23 2010 | 8:30 AM ET
CNBC’s Becky Quick talks to Warren Buffett about the the American consumer, and economic and tax policies.
Hedge fund legend Julian Robertson has ridden the Apple bull, with CNBC’s Erin Burnett.
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.
HSBC CEO: BoCom Remains Core China Investment
US tech bellwether Intel reported a near quadrupling of profit in the first quarter. It also raised its full-year margins outlook. “We’re delighted with the performance, to see a record Q1 on the back of a tough 2009,” Graham Palmer, UK MD at Intel, said Wednesday. “From a European perspective, we exceeded our expectations.”
The U.S. will be making a huge mistake if it does go ahead and sign an anti-China trade sanction bill, warns Stephen Roach, chairman of Morgan Stanley. He explains why to CNBC’s Bernard Lo & Karen Tso.
SEC Chairman Mary Schapiro discusses actions the agency is considering to prevent market drops like the one that happened last week.