TheStreet TV

Markets closed mixed on Monday, and the S&P 500 was almost unchanged. The big mover on the commodities side was copper, up 1.5% on better global demand outlook to $317. Apple released a new mobile software iOS 8 at the WWDC in San Francisco. The software includes the HealthKit, which works as a hub for health and fitness monitoring. Apple also introduced a new desktop operating system called Yosemite. Both will be available for download in the fall. Manufacturing data released by the ISM had to be corrected - twice. Initial reading was 53.2, which was not good and sent the indexes down. It was revised up to 56 and then revised back down again to 55.4, just in line with expectation.

Early gains were erased by midday after the ISM manufacturing index fell to 52.3, a three-month low, from 54.9. Traders were disappointed, but Ben Willis, Senior Floor Broker of Princeton Securities, believes the market overreacted to the negative factory data and positive PMI from the emerging market should be given more weight. Traders are also following the US Treasury closely. The 10-year yield is back above 2.50 and traders believe it will continue to go higher. Willis believes 2014 is a market for stocks, not a year for the stock market. For risk takers, single names in the Nasdaq 100, such as Apple and SanDisk, might be good bargains. For safety seekers, the utility sector is worth looking at.

The busy IPO calendar has helped the mood for stocks, even as the high frequency trading cloud continues to darken the skies. New stocks like GrubHub, which traded up 40% on its first day have enticed investors to the stock market. However, the public remains discouraged by what they hear about the high frequency trading. Trader David Henderson says that instead of volume increasing as a result of the high frequency traders, it has dried up, and he believes it creates an unfair advantage.

Jim Cramer's Anadarko Petroleum pick paid off Thursday when the company's shares shot up double digits on the news its Tronox settlement with federal regulators came in at the low end of expectations. IPOs are on the way this Friday: IMS Health and Grubhub, which increased its offering size as it priced stock past its upped range last night. And one final bit of earnings news from '13 as we get ready for next week's first quarter earnings.

Markets closed lower Thursday, the S&P retreating from an all-time record ahead of a monthly jobs report due tomorrow. Data today showed service sector jobs growth slowed while jobless claims were higher. Traders said there was uncertainty about how markets would interpret the jobs data - a poor report could be well received as it would heighten the chance stimulus remained for longer. Bad weather could also be blamed for any poor March result. Jane Searle reports from the NYSE.

U.S. stocks were down slightly midday, as jobs growth in the service sector hit its lowest level in a year and unemployment claims rose. Initial jobless claims for the week of March 29 increased by 16,000 to 326,000, vs. the Street's estimate of 317,000. In corporate news, Google's unusual stock split takes effect today with the new Class C shares trading under its historic stock ticker GOOG, and the Class A shares trading under the new ticker GOOGL. Finally, Juniper Networks was up after announcing a 6% headcount reduction.

Citigroup can't catch a break in the second quarter, either: the investment bank reportedly is under investigation led by the FBI regarding fraud in its Mexican unit. This comes after a Fed test flunked the bank and made it scale back buybacks. Good news for Tesla, however, which is on fire 'figuratively' in Norway, and once again tracking its all-time highs. And Jim Cramer is strengthening one investment in industrials, adding to a position that's poised to move higher in an improving economy. Thursday, April 3, 2014.

Consumer spending isn't exactly robust, but it was enough to encourage stocks to go higher. Chief Economist at Rockwell Global Peter Cardillo believes that it is a continuation of positive consumer trends. He thinks that as weather improves, consumers will open their wallets more. He also pointed out that many portfolio managers are trading as if this is the last day of the quarter even though it ends on Monday. They are feeling confident to make purchases.

​Online learning company 2U is set to price shares on the Nasdaq this morning after pricing at the top of its range. Jim Cramer sees a big value gap between Michael Kors and Coach. Blackberry and Red Hat earnings results on the way for investors as we get ready for the open. And international markets are trading well, propping up U.S. futures after a volatile week. March 28, 2014 at the Nasdaq Marketsite in Times Square.

Markets closed lower after poor GDP and housing data despite a fall in weekly jobless claims. Tensions in Ukraine persist, with Obama warning over further sanctions for Russia. Citigroup shares fell and several financial stocks nosedived after failing to meet the Fed Reserve's stress tests. Some traders suggest investors are using volatility to take profits in more speculative sectors such as biotechs and technology as the S&P fails to hold above 1850. Jane Searle reports from the NYSE.

Exxon Mobil was upgraded by Bank of America Merrill Lynch and the raised price target caused stocks to get a lift in the morning session. However, the boost did not last long and stocks began to give back those gains. Ben Willis of Albert Fried notes many stocks being sold are ones with high margin requirements. Willis mostly sees a sector rotation happening out of the names and going into lower beta names. He also points out the biotech weakness at NASDAQ.

Citigroup's failure to meet the Federal Reserve's board of governor's expectations for its capital plan means no big buyback, no dividend boost. The stock was hit hard going into the open. Lululemon, GameStop, and Red Hat are all expected to report earnings today--can Lululemon bounce back from the edge of sheer disaster? And Jim Cramer's got a pick--it's GE, and he's building on his position. We break down the reasons why. March 27, 2014 at the Nasdaq Marketsite in Times Square.

Stocks traded higher early in the session on the release of improved economic data but ceded gains to close lower as investors showed their wariness over pushing the market to new record highs in the absence of obvious catalysts. President Obama warned international order was begin tested with Ukraine and Russia, with the latter at risk of more sanctions. Health care stocks outperformed while the coal price was set below expectations for the second quarter, weighing on many energy stocks.

King Digital Entertainment, maker of the addictive game Candy Crush, saw its stock drop after pricing its shares at the mid range. Scott Cutler, the Head of Global Listings at the New York Stock Exchange said that the lower price does affect the ability to open the stock for trading. The calendar for tech IPOs continues to be strong and he believes there is still lots of appetite for cloud names like AeroHive. CBS Outdoors is an even bigger IPO planned for Friday.

Facebook's recent acquisition of Oculus VR is being met with skepticism from shareholders. David Nelson, Chief Strategist at Belpointe Asset Management points out that between the WhatsApp deal and the Oculus deal, Facebook has diluted stock value by 12%. CEO Mark Zuckerberg may have is sights on the platforms of the future, but will today's shareholders be willing to take the chance he's right? Also, the deal is so stock heavy, Nelson believes Facebook knows the stock is overvalued.