Gold Price Collapse Looming?
Why to be cautious about gold right now, with Ashraf Laidi, CMC Markets
Double Dip Could be Around the Corner: CIO
“After the huge rallies of last year I think it’s time for the markets to consolidate,” Ashok Shah, CIO of London & Capital, told CNBC Tuesday. “There is a risk of a double dip recession around the corner,” he added when discussing the economic outlook for Europe.
Day 12: Stocks Fall On Heavy Volume
Looking at the market, Tuesday marked Day 12 of a new rally attempt which means that as long as the February 5th lows are not breached the window remains open for a new follow-through day (FTD) to emerge. A new follow-through day will confirm the current rally attempt and will be produced when one of the major averages rallies at least +1.7% on higher volume than the prior session as a new batch of leaders break out of fresh bases. However, if the February 5, 2010 lows are breached then the day count will be reset and a steeper correction may unfold. So far, the market’s reaction has been tepid at best to the latest round of economic and earnings data which remains a concern. Remember that the market remains in a correction until a new new follow-through day emerges. Until then, patience is paramount.
Fed to Stop Purchasing Mortgage-Backed Securities
The Fed is getting set to end its purchases of mortgage-backed securities next month. CNBC’s Steve Liesman takes a look at what this means for mortgage rates.
Peebles' Pulse on Real Estate 2.23.10
Don Peebles, chairman and CEO of the Peebles Corporation, discusses the real estate market and his new ventures with CNBC.
Trading the Box Office
Cantor unit is on track for CFTC approval of domestic box office futures exchange, with CNBC’s Julia Boorstin.
Day 11: Stocks Consolidate Recent Move
Looking at the market, Friday marked day 11 of a new rally attempt which means that as long as the February 5th lows are not breached the window remains open for a new follow-through day (FTD) to emerge. A new follow-through day will confirm the current rally attempt and will be produced when one of the major averages rallies at least +1.7% on higher volume than the prior session as a new batch of leaders break out of fresh bases. However, if the February 5, 2010 lows are breached then the day count will be reset and a steeper correction may unfold. So far, the market’s reaction has been tepid at best to the latest round of economic and earnings data which remains a concern. Remember that the market remains in a correction until a new new follow-through day emerges. Until then, patience is king.
Trader Talk With Art Cashin 2.22.10
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
Study Identifies Heart Risks in Glaxo's Avandia
Study Identifies Heart Risks in Glaxo’s Avandia. Dr. Steven Nissen, of the Cleveland Clinic, authored a controversial study identifying heart risks in GlaxoSmithKline’s Avandia diabetes drug. He talks to CNBC’s Mike Huckman.
President Obama's Town Hall 2.19.10
President Barack Obama discusses health insurance reform and his economic agenda at a town hall meeting in Henderson, Nevada.