The story of the day was the jobs number and the increasing unemployment rate. The nonfarm payrolls came in at -216k vs. -230k consensus estimates. The unemployment rate inched closer to 10% coming i

Yesterday, we discussed the possibility of Caterpillar (CAT) having a positive effect on the market; today, it stole the show. The company reported better-than-expected earnings -- or so we thin

Microsoft Announces Bing! Microsoft (MSFT) is taking another swipe at Google (GOOG) with the announcement of its new search engine called Bing. According to the Wall Street Journal, Microsoft is spen

Choppy, seesawing, herky-jerky - these are words I would use to describe today’s trading. The market had no idea where it wanted to go today. One of the reasons for the choppiness was the actio

Editor's Note: The following was posted in real time on our premium Buzz & Banter (click for a free trial). It's being shared here for the benefit of the Minyanville community.A quick look a

Editor's Note: The following was posted in real time on our premium Buzz & Banter. It's being shared here for the benefit of the Minyanville community.Vlad the Impaler (otherwise known as Nouriel

Here's what I'm thinking as we fight to form a durable low - or the much-sought-after rounded bottom. Doug Kass used the words "generational lows" last night on CNBC. If the SEC f

Hanging Up on Cell PhonesGartner is out with negative comments on the mobile-phone industry. The Connecticut-based firm, specializing in information-technology research, said in a report that de

As discussed in my morning missive, March Madness might make February look like a walk in the park. At the heart of the matter is the treatment of AIG (AIG) credit default swaps, which was

At midday, the S&P 500 looked poised to test the November lows; it was ugly. Citigroup (C) traded under $2, Bank of America (BAC) traded under $3 and Wells Fargo (WFC)--once thought of as a