Waiting for Superman

Another rough week for traders. Frustrations clearly abound, and the finish to the week isn't going to send home many happy campers for the weekend. We've got some ugly charts heading into next week, with some hopes pinned on an emergency Fed meeting. No doubt a Fed meeting would push us significantly higher in quick fashion, even if it eventually fades. It's a move that could last several days or more, depending on what is decided. However, there needs to be a meeting for this to even matter.

Giving thought to the Fed at the moment is like waiting for Superman to show up at your door. I mean, even if you needed help, would you trust a man dressed in a unitard with a cape and a big letter "S" on the front? At this point, traders would only want to see a "QE" on the front, because we all know "S" stands for "sell" at the moment....669 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.