Stocks Rally On Healthy Economic Data

Stocks Rally On Healthy Economic Data

Monday, April 5, 2010 Market Commentary: The major averages opened higher after the latest round of stronger than expected economic data was released. Monday was the first trading day after March’s nonfarm payrolls report was released. Stocks rallied around the world after the Labor Department reported the strongest monthly reading in payrolls since Q1 2007. The…

New Short Sale Law

New Short Sale Law

Starting today, underwater homeowners will be permitted under a government program to sell their homes for less than they owe and basically force the lender to take the loss rather than foreclose on the home. Shari Olefson, of Fowler White Boggs, and Susan Wachter, a real estate professor at Wharton, discuss.

March 2010: Market Review

March 2010: Market Review

The fact that there have only been a few distribution days (and not very damaging ones, technically) since the follow-though-day (FTD) bodes well for the current rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to proactively be buying high quality breakouts meeting the investment system guidelines. Trade accordingly. Never argue with the tape, and always keep your losses small

The Jobs Numbers

The Jobs Numbers

Parsing the jobs numbers, with CNBC’s Hampton Pearson; David Malpass, Encima Global president; Mark Zandi, Moody’s Economy.com chief economist; Andy Serwer, Fortune managing editor; Robert Barbera ITG chief economist; and CNBC’s Carl Quintanilla, Steve Liesman, Rick Santelli & Becky Quick.