Once again, profit reports are expected to be a tale of strong growth, thanks more to cost cuts than revenue gains. And perhaps even more telling, fourth-quarter 2010 earnings are competing with downright dismal reports for the…
This week was all about jobs reports, and after December’s employment numbers fell short of expectations, stocks ended the first week of trading in 2011 on a down note. Kenny Polcari, managing director at ICAP Corporates explai…
Traders face plenty of economic news this week, and considering how much the market has risen, it could be time for a bit of a pullback. But at least one trader thinks that’s just what’s needed to create a base for further gain…
The markets ended the week on a high note with encouraging economic news, a surprise jump in consumer sentiment and a drop in the trade deficit, among other things. Is the Fed’s latest round of stimulus working?
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Stocks don’t move in a straight line, and a relatively light week of earnings reports and economic data should give the market a much-needed break after the major indexes have run up to two-year highs. But long-term, the direct…