Weekly Jobless Claims
Airtime: Thurs. Jul. 1 2010 | 8:32 AM ET
Insight on the latest jobless claims report, with CNBC’s Rick Santelli.
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Inside the Freedom Tower
An exclusive tour of the Freedom Tower, with CNBC’s Scott Cohn.
Stocks Edge Higher After Retesting 200 DMA Line
The major averages confirmed their latest rally attempt on Tuesday, June 15, 2010 when they produced a sound follow-through day. Looking forward, the window is now open for disciplined investors to begin carefully buying high-ranked stocks again. Technically, it was encouraging to also see the Dow Jones Industrial Average and the benchmark S&P 500 Index rally above their respective 200-day moving average (DMA) lines. Looking forward, the 200 DMA line should now act as support as this market continues advancing, while any reversal would be a worrisome sign. Remember to remain very selective because all of the major averages are still trading below their downward sloping 50 DMA lines. It was somewhat disconcerting to see volume remain light (below average) behind the confirming gains. It is important to note that approximately 75% of FTDs lead to new sustained rallies, while 25% fail. In addition, every major rally in market history has begun with a FTD, but not every FTD leads to a new rally. Trade accordingly.
Bernanke Testifies
Fed Chairman Ben Bernanke discusses “too big to fail” and Lehman Brothers on Capitol Hill.
Is Japan "The Greece of The East"?
Ari Bergmann, CEO at Penso Advisors believes the debt situation in Japan is very dire. He tells Larry McDonald, managing director of Pangea Capital Management and CNBC’s Martin Soong, Sri Jegarajah and Karen Tso why a debt crisis in Japan is a real possibility.
World's Biggest SWFs
Sovereign wealth funds have nearly $4 trillion of hidden assets ready to be spent, with Tom Buerkle, Institutional Investor International Editor.
Slovenian President: Weak Euro is Good
“This year we are expecting moderate growth… The discovery we made last year was that export dependence is also vulnerability,” Danilo Turk, the president of Slovenia, told CNBC Friday. The recent weakness of the euro is a good thing for Slovenia, he added.
