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// archives

Archive for June, 2009

Market Strategies for Rest of 2009

Jon Najarian, co-founder of OptionMonster.com, and David Tice, market strategist at Federated Investors, share their market strategies.

Art Cashin: Beware Oil’s Key Resistance Level

“With oil pressing up against key resistance here — if it gets above $74, $75, you could get a short-covering spike. That could really hurt the recovery that’s beginning.” – Art Cashin

California in Crisis

With California on the brink of economic disaster, what do investors need to know about the state’s muni bonds? CNBC’s Jane Wells takes a closer look.

Recession Victim Queen Running Out of Money

The Queen of England could be out of money in three years, reports CNBC Europe’s Guy Johnson.

Consumer Confidence Falls in June

U.S. consumer confidence fell in June after two straight months of gains. The Conference Board, an industry group, said on Tuesday its index of consumer attitudes dropped to 49.3 from 54.8 in May. The Present Situation Index slid to 24.8 from 29.7. -cnbc

Roach: Asia Won’t Be the New Engine of Growth

Hopes that Asia is going to be the new engine of the global economy are overblown at this point, cautions Stephen Roach, chairman at Morgan Stanley Asia. He tells CNBC’s Martin Soong, Karen Tso & Sri Jegarajah why

VIX Index at Lowest Level in 9 Months

Volatility in the markets has come down significantly in recent weeks, with the VIX index at its lowest level since September. “It’s been an incredibly boring morning,” Angus Campbell from Capital Spreads told CNBC Tuesday, to which Michael O’Sullivan from Credit Suisse replied, “Boring is very welcome given the past year.”

Art Cashin: Here’s When Rallies Die

“Rallies in bear markets tend to be somewhat short, but certainly very sharp — and they die on low volume.” “And the last two weeks have been very low volume,” he[Art] added ominously. -cnbc

Trader talk from Art before today’s open.

Stock Quotes

INDU0.00  chart+0.00
NASDAQ2778.79  chart-34.90
S&P 5001295.22  chart-9.64

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