Trading Icon: Jim Simons
Airtime: Thurs. Jun. 10 2010 | 5:52 PM ET
A look at how the legendary trader gained his fame.
Airtime: Thurs. Jun. 10 2010 | 5:52 PM ET
A look at how the legendary trader gained his fame.
Expect a “slow and anemic recovery” in the U.S. as the housing sector is still in a funk while the labor market is not improving, says Nouriel Roubini, chairman at Roubini Global Economics. He shares his thoughts on the economy, with CNBC’s Martin Soong
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 discusses health insurance reform and his economic agenda at a town hall meeting in Henderson, Nevada.
President Barack Obama speaks before the Budget Deficit Commission.
The Mad Money Wall of shame is back and Cramer is giving it a fresh look.
John Paulson had another conference call with investors today, with CNBC’s Scott Cohn.