Dow 5,000?
Where the markets are headed next, with James Hardesty, Hardesty Capital Management and David Hefty, Cornerstone Wealth Management.
Week In Review; 50 DMA Line Is Resistance
The bears returned from a three day hiatus on Thursday afternoon and erased Wednesday’s gains, sending the DJIA and the Nasdaq composite back below their respective 50 DMA lines. In addition, volume was heavier than the recent advance which was not a healthy sign. The highly influential financial group continues to lag its peers, evidenced by the lackluster action in several key names. Most of the major financial firms are now trading below both their respective 50 DMA and 200 DMA lines, which is another ominous sign. Stocks got smacked on Friday after news spread that French President Nicolas Sarkozy threatened to leave the EU if the trillion dollar bailout was not passed. Again, volume rose as the major averages fell. What does all this mean for investors? Simple, the market is in a correction which reiterates the importance of adopting a defense stance until a new rally is confirmed. Trade accordingly.
Obama on Oil Spill 5.14.10
President Obama discusses the Gulf oil spill and his displeasure at the finger-pointing that’s taken place among the various participants.
Rogoff's Parting Shots
Thoughts on where we go from here, with former IMF director Kenneth Rogoff, Harvard’s Thomas D. Cabot Professor of Public Policy.
Pimco's Future Scenarios
Discussing the future outcomes of the global economy and how things are continuing to change, with Mohamed El-Erian, Pimco co-CEO; Ed Yardeni, Yardeni Research president; former IMF director Kenneth Rogoff, Harvard’s Thomas D. Cabot Professor of Public Policy.
April Retail Numbers Explained
Discussing the luxury markets and retail sales overall, with Andrew Wolf, BB&T Capital Markets food & drug retail sector analyst.
Coldwell Banker CEO on Housing Market
Jim Gillespie, president and CEO of Coldwell Banker, one of the nation’s largest realty brokers, discusses the housing market with CNBC.
One-on-One With Ford's Mulally
Ford shares are up more than 150 percent in the past year, recently touching a six-year high. CNBC’s Phil LeBeau discusses this and the road ahead for Ford with CEO Alan Mulally.
McDonald's CEO on Global Reach
McDonald’s has restaurants in more than 100 countries, which serve than than 50 million people a day. CNBC’s Carl Quintanilla talks to CEO Jim Skinner about the fast food chain’s global reach.
John Chambers on Earnings, Economy
The computer networking company’s Q3 results topped estimates, but investors are still wary. John Chambers, CEO of Cisco, discusses the company’s earnings and outlook with CNBC.