Coldwell Banker CEO on Housing Market
Airtime: Thurs. May 13 2010 | 12:22 PM ET
Jim Gillespie, president and CEO of Coldwell Banker, one of the nation’s largest realty brokers, discusses the housing market with CNBC.
Airtime: Thurs. May 13 2010 | 12:22 PM ET
Jim Gillespie, president and CEO of Coldwell Banker, one of the nation’s largest realty brokers, discusses the housing market with CNBC.
Gold is likely to stay above $1,000 this year, with room to rise further, says Mike McChesney, CEO of Vantage Goldfields. He talks to Greg Bundy of AIMS Financial, and CNCB’s Oriel Morrison and Sri Jegarajah, as the junior miner lists on the Australian market today.
Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.
President Barack Obama speaks to the AFL-CIO Executive Council about his administration’s efforts to create jobs and spur the economy.
Discussing whether the BP oil spill will be the catalyst in the transition to clean energy, with Boone Pickens, BP Capital Management founder & chairman.
A countdown to the opening bell, with Arthur Cashin, UBS Financial Services director, floor operations.
“The real economy has improved,” Yuwa Hendrick-Wong from MasterCard Worldwide said Wednesday. “At the moment, equities everywhere, especially in Europe, to a lesser extent in the US, are way ahead from what we can see in the real economy.” He sees stocks going into a “period of volatility.”