Economic Analysis: Jobless Claims 4/8/10
Economic Analysis: Jobless Claims
Mario Gabelli's Media Mania
Discussing the latest happenings at DirecTV, with Mario Gabelli, of Gamco Investors, shares his parting shots.
Retail Sales Analysis 4/8/10
Dana Telsey, chief research officer at the Telsey Advisory Group, shares her reaction to March chain store sales data.
BoE Holds Rates at Record Low of 0.5%
Airtime: Thurs. Apr. 8 2010 | 7:00 AM ET The Bank of England kept interest rates at a record low of 0.5% Thursday, as widely expected. Kit Juckes from ECU Group and Derek Scott, former economic adviser to Tony Blair, discuss the outlook for the UK economy.
Stocks Fall As Consumer Credit Contracts
The benchmark S&P 500 Index currently has 5 distribution days while the Nasdaq Composite and Dow Jones Industrial Average have 4 since the March 1, 2010 follow-though-day (FTD). These distribution days have not been damaging, and normally it is considered healthy for the major averages to have less than 4 distribution days in a four week period. Therefore, the fact that we currently have 5 distribution days for the S&P 500 suggests a more cautious approach may be prudent. Trade accordingly.
Byron Wien's Oil & Gold Outlook
Wall Street veteran Byron Wien, vice chairman of Blackstone Advisory, shares his outlook on oil and gold with CNBC.
Byron Wien's 2010 Surprises
Wall Street veteran Byron Wien unveiled his 2010 surprises list four months ago. The CNBC team takes a look at how his list is doing so far.
Timing the Next Correction
There will be a correction in the stock market “at some point,” Anthony Fry from Evercore Partners told CNBC Wednesday. But it’s unclear when that correction will occur, he added.
Renault, Nissan, Daimler Join Forces
Automakers Renault, Nissan and Daimler agreed to swap stakes in a bid to increase scale and share costs Wednesday. “There’s a demand for premium small cars growing, so we definitely want to participate and we want to do that successfully,” Dieter Zetsche, chairman of Daimler told CNBC. Carlos Ghosn, chairman and CEO of Renault-Nissan, also spoke to CNBC.
Investors Digest News From All Corners Of The World
Tuesday, April 6, 2010 Market Commentary: Stocks opened lower after the Australian Central Bank raised interest rates for a 5th time by a quarter point to +4.25% and Greece rejected an EU-IMF aid package. The market’s internals remain healthy as this rally enters its 6th week since the March 1, 2010 follow-through day (FTD). It…