Off the Charts
The market looked headed for heavy losses Thursday before it reversed in the afternoon on news from Washington that the House of Representatives will reconvene Sunday in an attempt to reach a fiscal cliff deal.
This market is very dependent on fiscal cliff headlines at this point. Headline-driven tapes can be hard to trade so if that is not your style it's fine to be hands off until there is more clarity to the situation. A cautious approach remains best until a fiscal cliff compromise gets ironed out....510 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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.