This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

5 Things You Need to Know Before the Stock Market Opens

Stocks in this article: HPQSHLDAMRBAC

BOSTON ( TheStreet) -- The final trading day of 2011, which will decide whether the S&P 500 ends the year up or down, leads your quick fix of company, market, economic and investing news for Friday, Dec. 30.

Friday's 5 Biggest Stories

Stock futures are fluctuating. Where will the S&P 500 end the year? Place your bets now. Bloomberg

Raise your hand if you expected the IMF to tell Greece that a 50% haircut on its bonds wouldn't be enough. WSJ

It's a good thing former Hewlett-Packard (HPQ) CEO Mark Hurd says it's riddled with inaccuracies, because Gloria Allred's letter detailing his alleged sexual harassment makes him look pretty bad. Thomson Reuters

China's manufacturing activity contracted again in December. Is another reserve ratio cut not far behind? Bloomberg

After a very ugly public mess, TCW and Jeff Gundlach's DoubleLine Capital settle their beef privately. DealBook


Company News

Only a few more days until the NYSE says "so long" to shares of bankrupt AMR Corp. (AMR). WSJ

No surprise here: Bank of America (BAC) is on pace to be the worst performing Dow stock of the year. Bloomberg

After detailing some its store closures, Sears Holdings (SHLD) has its debt cut further into junk status territory by Fitch Ratings. CBS


Markets

Complacency is haunting the bond market. Global Macro Monitor

Money market funds are seeing their biggest inflows despite zero yields. FT


Investment Strategy

Hedge funds fudging their quarterly return numbers? That doesn't sound like them at all. WSJ

Something's gotta give in 2012, but what will it be? MarketWatch


Odds and Ends

You have to love it when author Michael Lewis playfully skewers his alma mater, although this time it's not Goldman! Bloomberg

Happy New Year! Here's hoping for a happy and healthy 2012 to you and yours. Here's the only New Year's-related video I could think of, courtesy of U2. YouTube

-- Written by Robert Holmes in Boston.



>To contact the writer of this article, click here: Robert Holmes.

>To follow Robert Holmes on Twitter, go to http://twitter.com/RobTheStreet.

>To submit a news tip, send an email to: tips@thestreet.com.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs