Cramer: Why 2009 Is Not 1930

“Right now I think the systemic risk has been taken off the table,” Cramer said. “In 1930, it was just getting on the table.” Back in 1929-’30, the Dow rallied 46% over a period of 147 days, but then followed with two full years of declines. By the time it ended, the Dow had [...]

GDP Falls Only 1% for Q2 2009

The economy is coming closer to the end of recession based on the advance estimate for second quarter GDP. The economy contracted in the second quarter by only 1.0 percent, following a revised 6.4 percent drop in the first quarter. The second quarter was close to the market consensus for a 0.7 percent dip. Today’s [...]

Cramer’s Sell Block & Cash for Clunkers

Mad Money’s Jim Cramer tells you which stocks you ought to be selling right now, either to take profits or to cut your losses.  Sell – Autonation (AN)

11% Retracement Coming for Dow, S&P: Strategist

Emily Saunders, CEO of Sanders Financial Management said she projects an 11-percent retracement of the Dow and the S&P. “We expect [the Dow] to be back down to the 8,000 level and high 800 level on the S&P,” Saunders told CNBC. -cnbc

U.S. Initial Jobless Claims Rise by 25,000 to 584,000

WASHINGTON (Reuters) – The number of U.S. workers filing new claims for unemployment benefits rose slightly more than expected last week, but the number of workers staying on jobless roles fell to the lowest in three months, government data showed on Thursday.

Initial claims for state unemployment insurance benefits rose 25,000 to a seasonally adjusted 584,000 [...]

Time to Take Money Off Table?

Eric Thorne, investment adviser at Bryn Mawr Trust Wealth Management, discusses whether it’s time to take some profits.

China Stocks Rattle Global Confidence

A 7.4% fall in the Shanghai Composite Index rattled global confidence as the market worries about a tightening in monetary policy.

Cramer: Prepare for the Coming Correction

Cramer explains the current market is overbought and to expect a correction in the market. Cramer sees a pullback in rails, industrials, retail, and technology.