Cramer Shares 'Obama Portfolio'

Country's 'economic future' unchanged, says investing guru

(NEWSER) - There’s no need to panic about Japanese markets post-earthquake, says Warren Buffett: Such cataclysmic events often create a “buying opportunity,” he tells Reuters from South Korea. “It will take some time to rebuild,” but the market plunge “will not change the economic future of Japan.” Put it this way: “If I owned Japanese stocks, I would certainly not be selling them.” More»

Steven Pearlstein: Get in while lots of people are still out

(NEWSER) - Bullish advice today from Washington Post economic columnist Steven Pearlstein: Get back in the stock market, specifically in "shares of large, solid dividend-paying companies." His "gut" tells him the market's pretty much done bottoming out. Why be optimistic? Because "so many other people are so pessimistic." Investors have shifted hundreds of billions from stock mutual funds into safer bond funds, and the resulting bond bubble is going to burst eventually. More»

(NEWSER) - It's good news, bad news time for investors. The good news: In the last 100 years, only five other rallies have matched the 46% leap the Dow’s taken over the past six months. The bad news: None of those other extraordinary rallies, which came in the 1930s and 1970s, held, the Wall Street Journal reports. Like the current rally, those historical rallies came after big—in fact, even bigger—declines. While some lasted as long as two years, the big gains were all in the first six months. More»

Low interest rates entice small, leveraged players

(NEWSER) - Trading volume is rising on Wall Street, but it’s not because of renewed confidence from long-term investors. The surge has instead been powered by a 14% jump from online brokerages like Charles Schwab and TD Ameritrade, and much of the money has been funneled into volatile parts of the market. Day traders, in other words, are back, trying to ride the latest market rally, the Wall Street Journal reports. More»

(NEWSER) - Markets were up today on a successful sale of 30-year Treasury notes and other indicators of economic recovery, the Wall Street Journal reports. Bank of America saw a 9% upswing after its CEO testified on Capitol Hill. The Dow gained 31.90 to 8,770.92. The S&P rose 5.74 to 944.89. And the Nasdaq tacked on 9.29 to finish at 1,862.37. More»