We keep talking about consumers. I decided to talk to them, instead. Specifically, consumers who've seen their incomes take a nosedive. Where are they shopping this holiday season? How much do they plan to spend? Read More
In Monday's rally, the sector topping the tape was Financials, and leading the way were credit card stocks, notably American Express, Discover and Capital One. Read More
On a week where the Dow closes above 10K, gold tops $1,100 and unemployment hits 10.2%, the markets shrug off negative data to end the week up over 3%. Read More
The latest overall job loss numbers showed a loss of 190,000 jobs in September and the unemployment rate rose to 10.2%, the highest unemployment rate since April 1983. The August and September numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs. Read More
Earnings season is coming closer to an end now that ~80% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far... Read More