Finance

Your first trade for Friday, December 18

The “Fast Money” traders gave their final trades of the day. Tim Seymour was a buyer of ITUB. Steve Grasso was a buyer of XLU. Brian Kelly was a buyer of TLT. Guy Adami was a buyer of RHT. Trader disclosure: On December 17, 2015 the following stocks and commodities mentioned or intended to be mentioned on CNBC’s “Fast Money” ... Read More »

Cramer: Apple has taken a beating. Still worth it?

With the Federal Reserve finally making the decision to tighten, Jim Cramer has been focused on stocks that that the market will still love in a tougher environment. “What we don’t like to see is suffering portfolios, and all too often we have seen all eggs in one basket of a loved stock,” the “Mad Money” host said. The best ... Read More »

Cramer: Apple has taken a beating. Still worth it?

With the Federal Reserve finally making the decision to tighten, Jim Cramer has been focused on stocks that that the market will still love in a tougher environment. “What we don’t like to see is suffering portfolios, and all too often we have seen all eggs in one basket of a loved stock,” the “Mad Money” host said. The best ... Read More »

Cramer: Companies loved by the market—here’s why

Thursday might have been a lousy day on the markets, but Jim Cramer said that does not mean investors should forget about all of the tremendous moves that occurred this week. In the middle of the terrific rally on Wednesday that was triggered bythe Fed announcing it would raise rates, four very important stocks quietly made their way higher. These ... Read More »

Cramer: Companies loved by the market—here’s why

Thursday might have been a lousy day on the markets, but Jim Cramer said that does not mean investors should forget about all of the tremendous moves that occurred this week. In the middle of the terrific rally on Wednesday that was triggered bythe Fed announcing it would raise rates, four very important stocks quietly made their way higher. These ... Read More »

Cramer: Be skeptical of any upward market moves

Just because the Federal Reserve has tightened, doesn’t mean Jim Cramer thinks caution should not be thrown to the wind. “Sure, the market can go higher, but you have to be more skeptical of upward moves when money costs more, the true interpretation of a Fed rate increase,” the “Mad Money” host said. That was why Cramer was more wary ... Read More »

Jim Chanos: Here are my energy shorts

Crude oil companies could face more pain in the next decade, as producers may not cut contributions to an already oversupplied market, short seller Jim Chanos contended Thursday. The Kynikos Associates founder noted he was short most “major leveraged oil companies.” While he did not give a specific prediction for the price of oil, Chanos contended OPEC may not slow ... Read More »

Jim Chanos: Here are my energy shorts

Crude oil companies could face more pain in the next decade, as producers may not cut contributions to an already oversupplied market, short seller Jim Chanos contended Thursday. The Kynikos Associates founder noted he was short most “major leveraged oil companies.” While he did not give a specific prediction for the price of oil, Chanos contended OPEC may not slow ... Read More »

Friday is witching day for stocks

After suffering a serious post-Fed bashing, stocks could trade with both high volatility and high volume on the final quadruple witching Friday of the year. The market sold off sharply into the close Thursday, with the Dow ending down 253 at 17,495 and the S&P 500 off 31 points or 1.5 percent to 2041. The twin culprits of falling oil ... Read More »

Fed conducts its first reverse repo post-hike

The Federal Reserve started the market process of raising interest rates on Thursday, and one expert called the so-called reverse repo a clear success. “I am actually quite pleased with these results, I’ve monitored these and I think it worked as hoped for,” Richard Fisher, former president of the Federal Reserve Bank of Dallas, told CNBC’s “Power Lunch” on Thursday. ... Read More »