Finance

The market just saw a near-term bottom: Acampora

Stocks are beginning to catch spring fever. The Dow and S&P 500 closed at their highest level since Jan. 6 on Tuesday, fueled by a massive rally in the financial and technology sectors. The S&P has now bounced 9 percent from its recent low, and that has one veteran technician, calling for a near-term bottom. On CNBC’s “Futures Now” Tuesday, ... Read More »

Cramer: What made the bulls run like crazy

Tuesday scored a clear market win for the bulls. Jim Cramer saw the perfect confluence of events that allowed stocks to soar higher. The first event that took place hinged on two pieces of data that came out of China. Investors learned that things were even worse than many thought when manufacturing numbers matched the lowest level in seven years. ... Read More »

Survivors emerge from teen retail tantrum

Blend Images | Getty Images Teenage girls shopping The early half of this decade was looking quite grim for teen retailers. Companies including Abercrombie and American Eagle were seeing sharp declines in earnings as preferences were changing. Teens were no longer yearning for the same shirt as their peers, instead they were identifying with new fashion trends as they looked ... Read More »

Wayfair CEO to Cramer: Why we are different

At a time when many furniture retailers like Williams-Sonoma andRestoration Hardware are struggling, Jim Cramer turned his attention to Wayfair to see how it could differentiate itself from the competition. Online retailer Wayfair sells furniture and home goods at bargain prices for brands like Joss & Main, All Modern, Birch Lane and Dwell Studio. However, it seems that regardless of ... Read More »

Investors have a change of heart on debt

It increasingly looks like the best of times for corporate borrowers but the worst of times for private equity firms. A Dickensian tale is playing out in bond markets, where investment-grade corporate bond issuance took off in February but high-yield issuances remain low and are regarded as practically toxic in 2016. “So far in 2016, global junk bond volume and ... Read More »

Super Tuesday not so super for drug stocks

The Super Tuesday primaries solidified Donald Trump and Hillary Clinton as the likely party nominees for the general election, with both winning seven states. Market analysts are now starting to suggest clients invest around a possible Clinton or Trump presidency. “Super Tuesday front-runners Donald Trump and Hillary Clinton delivered strong enough results to begin focusing on a general election match-up,” ... Read More »

Cramer: Accounting irregularities = SELL

Jim Cramer always abides by one simple rule. When there are accounting irregularities, you do not ask questions, you do not make excuses, you do not wait for clarity — you just sell. “Accounting irregularities equals sell. That has been one of my cardinal rules for decades now, and if you want to know why, you only need to look ... Read More »

Wayfair CEO to Cramer: Why we are different

At a time when many furniture retailers like Williams-Sonoma andRestoration Hardware are struggling, Jim Cramer turned his attention to Wayfair to see how it could differentiate itself from the competition. Online retailer Wayfair sells furniture and home goods at bargain prices for brands like Joss & Main, All Modern, Birch Lane and Dwell Studio. However, it seems that regardless of ... Read More »

Fed’s Bullard: Stock correction prevented bubble

St. Louis Fed President Jim Bullard said Thursday the silver lining of the stock market’s correction was it averted an asset bubble. Despite investor concern about the 2016 market downtown after years of strong returns, Bullard told CNBC’s “Squawk Box” that U.S. equities seem to be better priced at current levels. “If we had continued to go up at that ... Read More »

Cramer: This market is filled with seller’s remorse

The market rallied on Thursday, and Jim Cramer said the reason was seller’s remorse. The same stocks that were clobbered when they reported earnings are now roaring higher because investors have either forgotten the bad news, overlooked it, or decided it wasn’t as bad as they thought. “I often marvel at how short term people’s thinking can be when it ... Read More »