Trader Talk With Art Cashin 6.21.10
Airtime: Mon. Jun. 21 2010 |
Getting the word on the street, with Art Cashin, UBS.
Airtime: Mon. Jun. 21 2010 |
Getting the word on the street, with Art Cashin, UBS.
Art Cashin: Afternoon Trader Talk in August 2010
Erik Neilsen, chief European economist at Goldman Sachs, says the Greek contagion will be contained.
Wal-Mart is back in the top spot of the Fortune 500 list. Leigh Gallagher, Fortune senior editor, discusses this and other notable changes.
“As far as I’m concerned the technicals are in tact, says Guy Adami. We said the S&P would over-correct to the upside and trade up to 1130 and then turn lower — and it did. Now we’re likely in the next leg lower. We have to see what happens as the S&P trades down to the lower end of the range – around 1040 – will it hold next time we test it?
The patterns in the S&P suggest that support will not hold this time, adds Oppenheimer’s Carter Worth. My persumption is we break lower. I think we go to 980. I don’t think a great crash is coming but we are clearly entering a period when the downside should be the focus of investors.”
Apple unveiled a new version of the iPhone, which has more than 100 new features. Tech columnist Dan Ackerman shares his reaction.
Discussing the impact of the recession on baby boomers, with CNBC’s David Faber.