Last Friday's employment report from the US Bureau of Labor Statistics showed that the unemployment rate is now at 10.2%, its first foray above 10% and its highest level since 1983. What lessons, if any, can we get from what happened to the markets when unemployment soared back then? Read More
This weekend, the US House of Representatives passed its version of health care reform and now awaits a version from the Senate. The debate has been heating up since earlier this summer when President Obama was pushing for legislation before the summer recess. Here are the biggest S&P Health Care gainers and losers over while the debate has waged on. Read More
What's the correlation between jobs and the market? Is it a scary trend when stocks are going up as the jobless rate hits its highest point since 1983? 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 Fast Money crew likes Wal-Mart, even more so after a recent breakout from a triangle formation — a very bullish indicator for the retailer. 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
Chartologists, including Greg Troccoli, are seeing a head-and-shoulders formation taking hold on the S&P today. Is it signaling a market reversal? Read More
Gold hit another new record high this morning and was up over 1092 for the first time as the dollar fell. The move represents a ~0.5% for the day and a ~20% gain for the past 6 months. By comparison, gold's move is still far from where it was in 1979 - 1980. Read More