Kate Gibson, NBR, CNBC.com’s Posts

The legendary investing club, which started in 1983, gives their take on stocks today.

Armed with New York state medicinal marijuana licenses, dispensaries are gearing up to sell cannabis legally in the state in the new year. The cannabis experiment continues as medicinal marijuana use becomes more widespread. New York state, as an example, has rolled out dispensary licenses and is getting doctors and patients on board. Start-ups are growing …

Democratic presidential front-runner Hillary Clinton laid out her economic agenda in New York City on Monday. She focused on ways to lift American workers and called out the sharing economy as a potential factor in dampened wage growth. The sharing economy—bolstered by high-flying start-ups including Uber, Airbnb and Lyft—allows individuals to share products and services …

U.S. stocks dropped sharply on Tuesday, as corporations reported earnings that disappointed and orders fur U.S. business equipment unexpectedly declined in December. Caterpillar fell in early New York trading after the making of mining and construction equipment reported a lower profit short of estimates. Orders for business equipment fell 3.4 percent last month, illustrating the …

U.S. stocks climbed on Thursday after the European Central Bank left benchmark interest rates unchanged and ECB President Mario Draghi said the central bank would make monthly bond purchases of $70 billion. “We’re pleased. There was always concern the ECB would disappoint, so we’re pleased with size of the proposed actions, and the structure of …

U.S. stocks fell sharply on Wednesday, continuing losses into a fourth day, as a thrashing of commodities and disappointing retail sales increased worry that the global economy is slowing. ” Although consumers are saving at the pump, it doesn’t look like they are spending it at the stores; retail sales are an unmitigated disaster,” Art …

U.S. stocks were little moved on Tuesday, after a near 300-point rally on the Dow faded amid falling commodity prices and on worries Germany would throw cold water on the European Central Bank taking additional steps to bolster the region’s economy. “We’ve gone from day-to-day volatility to intraday volatility,” Mark Luschini, chief market strategist at …

U.S. stocks surged on Thursday, extending the prior day’s robust gains, as the price of oil steadied and on thinking the Federal Reserve and the European Central Bank would buttress the global economy. Comments late Wednesday by Fed Bank of Chicago President Charles Evans helped the bullish slant, with Evans saying he did not believe …

U.S. stocks fell sharply on Monday, with energy companies leading losses as the price of oil fell to its lowest since April 2009. “We’re starting a new year with a bit of trepidation; it’s difficult for equities to get any traction when one of the asset classes is in a free fall,” said Art Hogan, …

U.S. stocks surged on Thursday, extending Wall Street’s best day of the year, after the Federal Reserve said it would be patient in increasing interest rates and as crude furthered its rise. “With Janet Yellen becoming an oil analyst yesterday by suggesting that the recent price declines in crude oil will be “transitory”, anything with …

U.S. stocks finished lower on Monday, topping off a wild ride that had the Dow Jones Industrial Average trading in a more than 300-point range on either side of neutral as investors monitored the price of oil. “Everyone keeps saying how great lower energy prices are, but it’s the major global growth story that is …

U.S. stocks declined on Wednesday, furthering the week’s losses, as the price of crude fell to multi-year lows and the Organization of Petroleum Exporting Countries cut its demand outlook for next year. “Oil continues to be the concern. Depending on who you talk to and in what time frame on which day of the week, …

U.S. stocks fell on Thursday, with benchmarks retreating from records, after European Central Bank President Mario Draghi said the central bank would wait until early next year to consider whether further moves to stimulate the economy are needed. Draghi’s comments threw cold water on hopes the ECB would begin a program of sovereign-debt purchases called …

Republican efforts to limit the power of the Federal Reserve are expected to gain traction in 2015, when the GOP takes majority control of the Senate after midterm election victories. “For sure, the scrutiny on both the regulatory and the monetary side will be turned up a notch in the Senate compared to what it …

U.S. stocks opened higher on Thursday, extending records as investors welcomed upbeat economic reports in the U.S. and assurances from European Central Bank President Mario Draghi that the ECB would adopt further easing measures, if needed. Speaking at a news conference after the ECB held its key interest rate at record lows, as expected, Draghi …