The Fed Decision QE 2
Waiting for and reacting to the Fed’s decision on rates and QE2, with Bill Gross, PIMCO co-founder; Kenneth Heebner, portfolio manager of CGM Realty Fund; and CNBC’s Steve Liesman, Erin Burnett & Hampton Pearson.
Obama on Election Results
President Obama addresses the nation about the midterm elections.
Political Gridlock Will be Good for Markets
A political gridlock is seen as a good thing for the equity markets, believe Alastair Newton, MD & senior political analyst at Nomura International and Frank Lavin, Former White House Political Director. They also tell CNBC’s Martin Soong that the Bush tax cut extensions will be an important factor in this election.
Stocks Rally on Election Day
Tuesday, November 2, 2010 Stock Market Commentary: Stocks rallied on Tuesday as the nation went to the polls. Volume patterns remain healthy as the major averages have now begun their 10th week of their ongoing rally. However, it is important to note that there have been an ominous number of distribution days that have emerged…
Florida Condo Sales Heat Up
CNBC’s Diana Olick has the details on the increase in demand for Florida condos.
Time to Tax the Wealthy?
Is taxing the top tier the way to help fix the deficit or a way to bring on a double dip? Insight with Grover Norquist, Americans For Tax Reform and Nick Hanauer, Second Avenue Partners.
Long-Term Trends in the Energy Markets
Cho-Oon Khong, chief political analyst at Shell International, sees an energy supply squeeze with demand expansion. He speaks to CNBC’s Martin Soong & Sri Jegarajah about the implications of this.
Negative Reversal From Resistance; Stocks Give Back Earlier Gains
Heretofore, the action since this rally was confirmed on the September 1, 2010 follow-through day (FTD) has been strong but the market action has been wide-and-loose which is not a healthy sign. The S&P 500 sliced below its two month upward trendline (shown above) which is not ideal. The next level of support for the major averages is their September highs, then their respective 200-day moving average (DMA) lines while the next level of resistance is their respective April highs. We have enjoyed large gains since the September 1st FTD and over the past two weeks, the tape remains somewhat sloppy. Trade accordingly.
Spending Up, But Income Gains Hit 14-Month Low
US consumer spending rose by less than expected in September as income fell for the first time in 14 months. CNBC’s Rick Santelli delves into the data.
Why Property Is Preferred Over Stocks in China
On the back of reports Beijing has orderd banks to charge higher mortgage rates for first time home buyers, Richard Barkham, group research director at Grosvenor and Michael Kurtz, head of regional strategy at Macquarie Securities, discuss why the incentives to invest in Chinese real estate still remain strong.