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FeedPosted Nov 7th 2009 9:00AM by Sam Collins (RSS feed)
Filed under: Stocks to Buy, Best Stocks for 2009
After seven months of one of the strongest rallies in history, the stock market is showing signs of faltering. From here on out through the rest of 2009, I believe the advance will shift gears, and instead of recording new highs every month, the trend will tend to flatten.
And as we head into the heart of the fourth quarter, I wouldn't bet on the market making many more new highs this year.
Continue reading Six top trades for the rest of 2009
Posted Nov 6th 2009 5:00PM by Connie Madon (RSS feed)
Filed under: Management, Industry, Market matters, Money and Finance Today, Politics, Headline news, Federal Reserve, Financial Crisis
US Senator Bernie Sanders, independent from Vermont, is known for his straightforward and unbiased positions.
His new legislative proposal is to break up big banks that are deemed "too big to fail." To quote Mr. Sanders: "if an institution is too big to fail, it is too big to exist. We should break them up so they are no longer in a position to bring down our entire economy."
Continue reading Senator Sanders proposes legislation to break up large banks
Posted Nov 6th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: General Electric (GE), Motorola (MOT), Federal Natl Mtge (FNM)

Today was a surprise considering the news. There was not great economic news to hang on, particularly considering that the 10.2% unemployment was the worst reading since 1983. As the market did not crater and as it went positive throughout the day, it almost felt as though the 10.2% of the officially unemployed don't matter to the economy as everyone keeps noting the 'lagging indicator' effect. Still, stocks held their own for most of the day and where the real direction for the end of the day bells felt uncertain until the end of the day.
Here are today's unofficial closing bell levels:
Dow 10,023.19 +17.23 (0.17%)
S&P 500 1,069.30 +2.67 (0.25%)
Nasdaq 2,112.44 +7.12 (0.34%)
Top Analyst CallsTop Stock Rumors Continue reading Closing Bell: Unemployment must not be relevant (GE, ACOM, FNM, ZIOP, MOT, NVDA)
Posted Nov 6th 2009 11:00AM by Tom Taulli (RSS feed)
Filed under: Citigroup Inc. (C), Initial public offerings

Being 34% owned by the U.S. government,
Citigroup's (NYSE:
C) destiny is somewhat murky. Yet, to pay off the loans, this massive financial institution must shrink. To this end, Citigroup has
filed a public offering for its Primerica Financial Services. According to the prospectus, the deal is expected to raise $100 million, but it's likely the amount will be much larger.
Primerica certainly has an interesting history. Back in 1977, an aggressive financial service executive, Arthur Williams, started the company, with the focus on providing term insurance to consumers as well as mutual fund products. However, he had an interesting twist on distribution: he used network marketing. Basically, a Primerica agent would get incentives by recruiting new agents. As a result, the company's growth exploded.
Continue reading Primerica IPO: Citigroup unwinds its far-flung empire
Posted Nov 6th 2009 10:00AM by Mark Fightmaster (RSS feed)
Filed under: Before the bell, Bad news, Employees, Economic data

Is this bad news for the recovery? The Labor Department reported that the U.S. unemployment rate jumped to 10.2% in October, pushing the rate atop the
10% mark for the first time in 26 years. Nonfarm payrolls fell by 190,000 in October, bringing the total number of jobs sacrificed to the recession to 7.3 million. October was the 22nd straight month that saw payrolls decline. According to MarketWatch, expectations were for an unemployment rate of 10% and 150,000 jobs lost.
Yesterday, I took a look at the
weekly jobless claims, suggesting that we could see a substantial drop today if this morning's jobs report came in worse than expected. The report was worse, now let's see if yesterday's "good news" and rally is going to give way to a slump like last Friday.
Continue reading Jobless rate jumps to 10.2% during October
Posted Nov 6th 2009 7:45AM by Melly Alazraki (RSS feed)
Filed under: Before the bell, International markets, Employees, Market matters, Economic data, DJIA

U.S. stock futures were higher Friday morning, continuing Thursday's strong performance and nearing two-week highs. All eyes this morning will turn to the government's jobs report. While there have been signs of growth and recovery in the economy, the labor market has been one of the biggest concerns, as the Federal Reserve statement just from Wednesday attests.
[
Update 8:33 a.m.: Stock futures changed course after the government reported the unemployment rate rose to 10.2%, above the 9.9% expected. Nonfarm payrolls dropped by 190,000 in October, bringing to total number of jobs lost in the recession to 7.3 million.]
U.S. stock markets surged about 2% on Thursday with the Dow Jones Industrial Average reclaiming the 10,000 mark with a 203 point move. Positive economic news, including sales results from retailers and upbeat outlook from tech giant Cisco (NASDAQ: CSCO).
Continue reading Before the bell: Futures decline after unemployment rate rises to 10.2%
Posted Nov 5th 2009 9:50AM by Kevin Kersten (RSS feed)
Filed under: India, Federal Reserve

Ben Bernanke and the Federal Reserve have kept interest rates low for some time. Interest rates lie somewhere below a quarter point and a zero, giving people very little reason to save. Why should you save money when inflation could work against you and the money will not grow?
Low interest rates also work to reduce the cost of borrowing. This could help businesses that want to expand, or the federal government that has trillions of dollars of debt that it needs to finance.
Continue reading Are low interest rates hurting the U.S. dollar?
Posted Nov 5th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Google (GOOG), Apple Inc (AAPL), Pfizer (PFE), Market matters, McDonald's (MCD), Caterpillar (CAT), Bristol-Myers Squibb (BMY), Chevron Corp (CVX), General Mills (GIS), Procter and Gamble (PG), Kimberly-Clark (KMB), Kohl's Corp (KSS), Polo Ralph Lauren'A' (RL), Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says you can be bearish, but you have to admit when you're wrong. Oh boy, I hit a nerve. My last two days of donning the bear suit and imitating the bears has brought on a cacophony of critics, all of whom think that I am attacking them personally! That's right, they think I have read them, seen them and heard them and that I am spoofing them or making fun of them.
Moreover, they think that I am wildly bullish and that I am mocking them for not wanting to buy things here.
Continue reading Cramer on BloggingStocks: All I'm asking for is rigor
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