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Wall Street threw an all-day happy hour today, toasting a strong earnings report from Cisco Systems and the smallest number of new claims for jobless benefits since January. So have we seen the end of the pullback from the October 19 index highs?...
Like the wolf in the story of the Three Little Pigs, Wall Street's bears have done a lot of huffing and puffing lately. They were out in force again this morning, frolicking in a gust of gloomy bank news from Europe. By the end of the day, though, ...
Three thousand Dow points under his belt, and guess what? The bull isn't done yet! As more and more signs of a genuine economic recovery appear, stocks from New York to Shanghai will build on the fabulous gains we've already seen since March—an...
Friday wrap: Well, which is it? Yesterday's 200-point jump in the Dow, or today's 250-point plunge? Which session tells us more about where the stock market is really headed?...
After weeks of teasing, the stock market is finally giving us a real 'correction.' With today's close, the blue chip Standard & Poor's 500 index has tumbled 5% from its peak for the past year, registered October 19....
No, it's not the end of the world. No, the big bad bear is not coming back (not yet, anyway). But the stock market was overdue for the 'correction' that has gradually been building over the past week. Brace yourself for some additional bump...
Don't get too comfy in your armchair, because an important market transition is under way. If you need a picture for what's happening, think of Janus, the bearded Roman god with the two faces -- one looking behind and one forward....
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