Economy Blog

Word On The StreetWORD VIDEORotation TradeMarket players are rotating out of commodites and into tech and financials. What is the trade? Adami thinks this trend will continue for the next three months. He said financial stocks are undervalued - look at Goldman Sachs (GS) and Wachovia (WB). Finerman agreed and disclosed she bought Citigroup (C) on Wednesday. Macke said be patient and buy the dips in both the tech and financial sectors….
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Word On The StreetWORD VIDEORotation TradeMarket players are rotating out of commodites and into tech and financials. What is the trade? Adami thinks this trend will continue for the next three months. He said financial stocks are undervalued - look at Goldman Sachs (GS) and Wachovia (WB). Finerman agreed and disclosed she bought Citigroup (C) on Wednesday. Macke said be patient and buy the dips in both the tech and financial sectors….
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Trader RadarShares of CVS Caremark (CVS) were among the most actively traded names on the NYSE Thursday.Fast MessageZach from Pennsylvania writes, “What do you think has been priced into Microsoft (MSFT) in the past 2-3 months? Are they already pricing in them getting Yahoo! (YHOO) or not. If MSFT does not get YHOO does the stock sell off or go higher?” Finerman said its already priced in and if they don’t buy YHOO she thinks MSFT will trade higher. Randy from Florida writes, “If the dollar rips here, what would you think of the DZZ (DZZ)?” Adami said he thinks gold will go down more, so the DZZ is right here. AJ from Texas writes, “With the rotation starting, would you still be in Intrepid Potash (IPI)?” Najairan said he doesn’t like IPI. PR from North Carolina writes, “I feel like I am chasing a burning rocket. Is it too late to get into Visa (V)?” Adami thinks Visa has issues. He prefers MasterCard (MA) in the credit card space.P…
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Trader RadarShares of CVS Caremark (CVS) were among the most actively traded names on the NYSE Thursday.POPS&DROPSPOPS- Ford (F) traded up 3%, despite sales that fell off 12%. Nymex (NMX) popped 3% after the exchange reported a 27% jump in profits. Tyco Electronics (TEL) jumped 7% off strong profits and bullish forecast. Staples (SPLS) traded up 6%. Allied Waste (AW) added 5% after the trash company reported an 82% jump in profits. MasterCard (MA) popped 6% after UBS raised its price target from $275 to $350 and maintained a buy rating.D…
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Trader RadarShares of CVS Caremark (CVS) were among the most actively traded names on the NYSE Thursday.POPS&DROPSFord (F) traded up 3%, despite sales that fell off 12%. Nymex (NMX) popped 3% after the exchange reported a 27% jump in profits. Tyco Electronics (TEL) jumped 7% off strong profits and bullish forecast. Staples (SPLS) traded up 6%. Allied Waste (AW) added 5% after the trash company reported an 82% jump in profits. MasterCard (MA) popped 6% after UBS raised its price target from $275 to $350 and maintained a buy rating.D…
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