Jim Cramer continued on his theme stock picks for 2010 on CNBC’s MAD MONEY tonight. We have already heard Cramer’s theme picks for homeland security, technology, ADRs, and for energy shortages. Tonight Cramer’s picks…
The CBOE Volatility Index or “The VIX” has turned worthless as a market indicator. This happens from time to time, and it is often followed by rapid change. Today the VIX hit a 52-week…
Baker Hughes Incorporated (NYSE: BHI) announced its weekly rig count data, but what is interesting is that the latest data shows a 2009-end with comparisons to a 2008-end. If you saw the declines in…
Your wait for the platinum and palladium ETF products is over. Today marked the launch of the ETFS Physical Platinum Shares (NYSE: PPLT) and ETFS Physical Palladium Shares (NYSE: PALL). These ETFs are similar…
Updated throughout the day. GM got last minute bids for Saab NBC wants to move Jay Leno back to his late-night part of the TV schedule. Bank of America (NYSE:BAC) bonuses will return to…
The Labor Department has just released what is so far the most important jobs data in 2010. The December unemployment rate came out at 10.0% and the change in non-Farm payrolls was -85,000. Bloomberg…
These are this Friday’s top analyst upgrades, downgrades, and initiations seen from early Wall Street research calls. There were several banking and broker-on-broker cuts: Morgan Stanley (NYSE: MS), Goldman Sachs Group (NYSE: GS) and…
Ford’s (NYSE:F) slogan used to be “Have You Driven A Ford Lately?” Those who have not will find that the firm’s new cars come with access to Twitter, online maps, internet radio, and many other…
The worst of the economic downturn may be over in the US, China, India, and other economies in Asia. It is another matter in Europe. Spain has a double-digit jobless rate and the figure…
Bank of America (NYSE:BAC) CEO Ken Lewis is gone now, but the culture of big pay packages established on his watch is not. The bank will pay large bonuses for 2009 to many of its top…
Bloomberg News editor-in-chief Matthew Winkler recently gave a talk to his reporters and editors about the dangers of using anonymous sources. He argued that sources without names or identification as to their authenticity undermine good…
Pennsylvania will now allow poker, blackjack, and a number of other games of luck and skill to be played at its 14 slot machine casinos. Politicians in the state say that they are against…
Reuters: Oil is at $82 and will move based on US jobs data. Reuters: Reliance upped its offer for Lyondell to $13.5 billion. Reuters: An former SAC employee was caught in a probe of Blackstone (NYSE:BX).…
Markets in Asia were modestly higher The Nikkei rose 1.1% to 10,756. The Hang Seng rose .1% to 22,297. China Mobile (NYSE:CHL) rose. The Shanghai Composite was up .1% to 3,196. At the open…
Tonight on CNBC’s MAD MONEY, Jim Cramer continued with his stock picks for 2010 based on investment themes. We have already seen energy shortage picks, counter-terrorism and homeland security picks, and international ADR picks;…
There are rumors in the media press that AOL (NYSE:AOL) will buy tech blog Mashable. What is the company worth? According to the 24/7 Wall St “Twenty-Five Most Valuable Blogs In America”, Mashable would sell…
The Fed released the minutes from the latest FOMC meeting held on December 15th and 16th showed that some tension had developed among the members including the participating presidents of the regional federal reserve banks.…
By Paul Ausick of 24/7 Wall St. Charles Schwab Corporation (NASDAQ:SCHW) has announced that it will drop its online equity trade commissions for retail investors from $12.95/trade to $8.95/trade beginning January 19, 2010. Some…
Sears Holdings Corporation (NASDAQ: SHLD) has been a significant winner lately even though it has been a very poor retailer for most of its recent history. But Eddie Lampert’s surprises was that he not…
Beazer Homes USA Inc. (NYSE: BZH) was weak earlier because of its proposed secondary offering that will add to dilution of shareholders. This morning the company’s secondary offering of 19,500,000 shares of its common…