<< Read Full Article
<< Read Full Article
TheStreet.com TV Recap: Bowling for Pin Action
- Loading Comments...
One of the reasons there is a lot of "pin action" from stocks reporting earnings today is that expectations for the companies are so low, Jim Cramer said on TheStreet.com TV's Wall St. Confidential Web video Tuesday.
"When we hear anything good [about one company] we realize that the expectations have been ratcheted down for a whole industry," Cramer told Gregg Greenberg, the host of Wall St. Confidential.
Pin action is when good news from one company lifts others in a sector, or others that do business with those companies. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet