Bill Gross on the "New Normal"
Pimco’s Bill Gross the so-called “new normal” with CNBC.
Stocks End Mixed As Dollar Edges Higher
The major averages confirmed their latest rally attempt on Tuesday, June 15, 2010 when they produced a sound follow-through day. Looking forward, the window is now open for disciplined investors to begin carefully buying high-ranked stocks again. Technically, it was encouraging to also see the Dow Jones Industrial Average and the benchmark S&P 500 Index rally above their respective 200-day moving average (DMA) lines. Looking forward, the 200 DMA line should now act as support as this market continues advancing, while any reversal would be a worrisome sign.
Remember to remain very selective because all of the major averages are still trading below their downward sloping 50 DMA lines. It was somewhat disconcerting to see volume remain light (below average) behind the confirming gains. It is important to note that approximately 75% of FTDs lead to new sustained rallies, while 25% fail. In addition, every major rally in market history has begun with a FTD, but not every FTD leads to a new rally. Trade accordingly.
Alan "Ace" Greenberg on The Rise & Fall Of Bear Stearns
Alan “Ace” Greenberg on The Rise & Fall Of Bear Stearns
Jim Rogers: I Bought the Euro
As European governments promised they will take steps to reduce gaping budget deficits, famous investor Jim Rogers told CNBC he bought the single European currency. Luca Silipo from Natixis and David Kotok from Cumberland Advisors joined the discussion.
Bill Gross: Equities Almost as Secure as Gov't Bonds
We’re making a move into equities, period, says Bill Gross, CIO of Pimco, as this asset class is almost as secure as the sovereigns themselves. He explains this shift in strategy, with CNBC’s Karen Tso, Sri Jegarajah & Martin Soong.
Final Thoughts With Jack Welch 6.16.10
Concluding market insight, with Jack Welch, “Straight from the Gut” author.
AT&T CEO on Wireless Industry, Apple & More
AT&T CEO Randall Stephenson discusses the wireless industry, the state of telecom and Apple with the Strategy Session crew.
Stocks Score A FTD, New Rally Confirmed!
The Nasdaq composite confirmed its latest rally attempt and produced a sound FTD which means the window is now open to begin buying high-ranked stocks again. Technically, it was encouraging to see the Dow Jones Industrial Average and the benchmark S&P 500 index close above their respective 200 DMA lines. However, the fact that volume receded compared to the prior session prevented the DJIA and S&P 500 from scoring a proper FTD.
At this point, the S&P 500 is down -8.5% from its 19-month high of 1,219 and managed to close above resistance (200 DMA line) of its latest trading range. Looking forward, the 200 DMA line should now act as support as this market continues advancing. Remember to remain very selective because all the major averages are still trading below their downward sloping 50 DMA lines. It was also disconcerting to see volume remain suspiciously light behind Tuesday’s move. It is important to note that approximately +75% of FTD’s lead to new sustained rallies, while +25% fail. In addition, every major rally in market history has begun with a FTD, but not every FTD leads to a new rally. Trade accordingly.
Selling Into "The New Normal", Pt. 2
Insight on the European debt crisis and world markets, with Mohamed El-Erian, PIMCO CEO & co-CIO.
Selling Into "The New Normal" Pt 1
Insight on the European debt crisis and world markets, with Mohamed El-Erian, PIMCO CEO & co-CIO,