A Bottom for Housing? -Ara Hovnanian
Airtime: Thurs. Sept. 9 2010 | 7:10 AM ET
Insight on the state of housing, with Ara Hovnanian, president & CEO of Hovnanian Enterprises.
Airtime: Thurs. Sept. 9 2010 | 7:10 AM ET
Insight on the state of housing, with Ara Hovnanian, president & CEO of Hovnanian Enterprises.
SEC Chairman Mary Schapiro discusses financial regulatory reform with CNBC’s Maria Bartiromo.
June personal income unchanged and other data, with CNBC’s Rick Santelli & Steve Liesman
U.S. Treasury Secretary Geithner’s latest comment on the dollar is more about managing expectations rather than trying to put a floor under the greenback, says Olivier Desbarres, director of FX strategy at Credit Suisse. He also highlights what to look out for from the G20 meeting, with CNBC’s Sri Jegarajah.
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.
Art Cashin, of UBS, and Alan Valdes, of Kabrik Trading, share their market insight
The European Central Bank left its core interest rate on hold at 1.0% Thursday. Karsten Junius from DekaBank, Brendan Brown from Mitsubishi UFJ Securities International and Neil MacKinnon from VTB Capital discuss the outlook for Europe.