Weekly Jobless Claims Fall
Airtime: Thurs. Oct. 7 2010 | 8:31 AM ET
U.S. jobless laims fell 11,000 week ending Oct. 2, with CNBC’s Rick Santelli & Steve Liesman.
Airtime: Thurs. Oct. 7 2010 | 8:31 AM ET
U.S. jobless laims fell 11,000 week ending Oct. 2, with CNBC’s Rick Santelli & Steve Liesman.
“Barclays has been the lucky bank,” Justin Urquhart Stewart from Seven Investment Management told CNBC Monday when discussing its performance during the credit crisis. Stewart and Allister Heath from CityAM discuss reports that Barclays Capital could develop a partnership model.
Insight on the latest home price data and what they mean for the housing market, with Maureen Maitland, Standard & Poor’s VP of Index Services.
Jim Paulsen, of Wells Capital Management, shares his parting shots.
Hedge fund legend Julian Robertson has ridden the Apple bull, with CNBC’s Erin Burnett.
So far, the action since this rally was confirmed on the September 1, 2010 follow-through day (FTD) has been very strong and stocks are simply pausing to consolidate their recent gains. It was encouraging to see the bulls show up and defend support (formerly resistance) in recent weeks. The next level of support for the major averages is their respective 200-day moving average (DMA) lines while the next level of resistance is their respective April highs. Trade accordingly.
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.