Aaron Task

Real Story Wrap: January 4, 2008

twocents@thestreet.com (Aaron L. Task) — Fri, 04 Jan 2008 23:04 GMT

Stocks tumbled Friday after the government's latest jobs report showed that hiring was much slower than anticipated in December, fueling fears of a broad economic slowdown

'08 Rout Accelerates

twocents@thestreet.com (Aaron L. Task) — Fri, 04 Jan 2008 22:39 GMT

Weak jobs data and an Intel downgrade spur major losses. Steven Porpora weighs in.

Real Story Wrap: January 4, 2008

twocents@thestreet.com (Aaron L. Task) — Fri, 04 Jan 2008 22:30 GMT

Stocks tumbled Friday after the government's latest jobs report showed that hiring was much slower than anticipated in December, fueling fears of a broad economic slowdown.

Defensive Posture the Only Option

twocents@thestreet.com (Aaron L. Task and Farnoosh Torabi) — Fri, 04 Jan 2008 20:29 GMT

Veteran trader Steven Porpora says the market action is sending a clear signal that defense is the best offense.

Ennui Smothers Rally Effort

twocents@thestreet.com (Aaron L. Task) — Thu, 03 Jan 2008 22:54 GMT

Stocks can't hold an early bounce as skepticism rises ahead of the jobs number. David Peltier weighs in.

Real Story Wrap: January 3, 2008

twocents@thestreet.com (Aaron L. Task) — Thu, 03 Jan 2008 22:22 GMT

Major stock averages gave up their gains in the last hour of trading Thursday, as better-than-expected economic data couldn't keep blue chips and tech shares from closing near the flat line.

Stocks Flop in '08 Debut

twocents@thestreet.com (Aaron L. Task) — Wed, 02 Jan 2008 22:39 GMT

Bulls run to the hills amid weak ISM data, downgrades of chips and NCC's dividend cut. Chris Edmonds and Mike Darda weigh in.

Real Story Wrap: January 2, 2008

twocents@thestreet.com (Aaron L. Task) — Wed, 02 Jan 2008 22:00 GMT

Stocks started off 2008 on a sour note Wednesday, continuing the slide that ended the previous year, owing to a weaker-than-expected read on manufacturing activity and another surge in oil prices.

Oil: To $100 and Beyond

twocents@thestreet.com (Aaron L. Task and Brittany Umar) — Wed, 02 Jan 2008 19:33 GMT

Amid Nigerian violence and OPEC production constraints, crude cracks another psychological barrier and continues to defy the skeptics.

'08 Enters with a Thud

twocents@thestreet.com (Aaron L. Task and Farnoosh Torabi) — Wed, 02 Jan 2008 19:08 GMT

Shares tumble after ISM disappoints, NCC slashes its dividend and BOA downgrades chips.

Hipsters 'Ablaze' Over New Apple MacBook

twocents@thestreet.com (Farnoosh Torabi and Aaron L. Task) — Wed, 02 Jan 2008 11:44 GMT

TSC's Scott Moritz was first with the news about Apple's new MacBook, which is shaping up to be the 'must have' tech item of 2008. Plus, can Amazon.com compete in music?

Laggards Lead as Stocks Sulk Into '08

twocents@thestreet.com (Aaron L. Task) — Mon, 31 Dec 2007 21:45 GMT

After a year of huge losses, financials and housing are the big winners on the last day of '07. Joe Capone weighs in.

Real Story Wrap: December 31, 2007

twocents@thestreet.com (Aaron L. Task) — Mon, 31 Dec 2007 21:43 GMT

Stocks pared losses but were still mired in the red Monday afternoon as relatively benign housing data did little to entice buyers on the final trading day of a rocky year.

2007 Lurching to a Close

twocents@thestreet.com (Aaron L. Task and Farnoosh Torabi) — Mon, 31 Dec 2007 18:04 GMT

Shares stumble on the final day of 2007 as traders sell losers for tax purposes and are reminded the subprime saga isn't over yet.

Best Buy Bucks Gift Card Losses

twocents@thestreet.com (Aaron L. Task and Farnoosh Torabi) — Mon, 31 Dec 2007 17:15 GMT

The electronics retailer is picking up on a new trend that lets it keep its gift card revenue, even for cards that go unused. Farnoosh Torabi and Aaron Task report.

Baidu's Highflying Year Capped With Tragic Death

twocents@thestreet.com (Farnoosh Torabi and Aaron L. Task) — Mon, 31 Dec 2007 17:04 GMT

Shawn Wang, Baidu's CFO, died in a car accident over the holidays in China. How is it challenging the country's largest search engine?Farnoosh Torabi and Aaron Task report.

Stocks Dither as Traders Eye Bargains

twocents@thestreet.com (Aaron L. Task) — Fri, 28 Dec 2007 21:57 GMT

James 'Rev Shark' De Porre and Teddy Weisberg spy opportunities in beaten-down stocks as '07 comes to a close.

Real Story Wrap: December 28, 2007

twocents@thestreet.com (Aaron L. Task) — Fri, 28 Dec 2007 21:33 GMT

Stocks were volatile in a low-volume session Friday and ultimately closed flat as weak housing data ran up against positive headlines out of the financial sector.

New Year, Same Problems

twocents@thestreet.com (Aaron L. Task and Brittany Umar) — Fri, 28 Dec 2007 18:56 GMT

Veteran trader Teddy Weisberg says Fed easing is a positive but geopolitics and a slowing U.S. economy will restrain stocks in 2008.

Hipsters 'Ablaze' Over New Apple MacBook

twocents@thestreet.com (Aaron L. Task and Farnoosh Torabi) — Fri, 28 Dec 2007 16:49 GMT

TSC's Scott Moritz was first with the news about Apple's new MacBook, which is shaping up to be the 'must have' tech item of 2008. Plus, can Amazon.com compete in music?

08's Most Wanted: TTWO's 'Grand Theft Auto IV

twocents@thestreet.com (Aaron L. Task and Priya Ganapati) — Thu, 27 Dec 2007 17:56 GMT

The latest 'Grand Theft' installment and EA's 'Spore' top gamers' most wanted list for '08, says Priya Ganapati.

Mobile Lust Will Drive Chipmakers in '08

twocents@thestreet.com (Aaron L. Task and Alexei Oreskovic) — Thu, 27 Dec 2007 14:45 GMT

The iPhone phenomenon and its copycats will drive the chip industry in 2008, says Alexei Oreskovic.

No Holiday Cheer for Retailers

twocents@thestreet.com (Aaron L. Task and Pia Sarkar) — Thu, 27 Dec 2007 13:47 GMT

Retailers break out the 'sale' signs the day after Christmas amid grim holiday sales data.

Traders Chew on Fed's 'Taffy'

twocents@thestreet.com (Aaron L. Task) — Wed, 19 Dec 2007 22:04 GMT

Major averages are mixed as traders digest the Fed's new auction. Tony Crescenzi weighs in, plus Chris Edmonds on energy.

Real Story Wrap: December 19, 2007

twocents@thestreet.com (Aaron L. Task) — Wed, 19 Dec 2007 21:45 GMT

Stocks endured another wobbly session Wednesday before ending little changed, as traders weighed a strong outcome from the Federal Reserve's first loan auction against a lowered ratings outlook for two big bond insurers.

Groping for Good News

twocents@thestreet.com (Aaron L. Task and Farnoosh Torabi) — Wed, 19 Dec 2007 19:17 GMT

Major averages dip as traders absorb the latest news from Morgan Stanley, Hovnanian, Palm Take-Two and more.

Change Is the Only Constant

twocents@thestreet.com (Aaron L. Task) — Tue, 18 Dec 2007 22:23 GMT

A wild day leaves major averages slightly higher. James Bianco opines on the credit crunch, and Dan Fitzpatrick on the search for Santa.

Real Story Wrap: December 18, 2007

twocents@thestreet.com (Aaron L. Task) — Tue, 18 Dec 2007 22:21 GMT

Stocks waffled between positive and negative territory Tuesday before closing higher as investors weighed central bank interventions and strong earnings against more fears about the extent of the credit crunch.

Traders Focus on the Negatives

twocents@thestreet.com (Aaron L. Task and Farnoosh Torabi) — Tue, 18 Dec 2007 19:23 GMT

An early rally fades as good news from Goldman and Best Buy can't overcome the negativity.

How a Group of College Kids Outtraded the Pros

twocents@thestreet.com (Aaron L. Task) — Wed, 30 May 2007 20:30 GMT

Krish Daftary, recent NYU graduate and investment club portfolio manager, discusses the art of valuation and how the student-run Investment Analysis Group got the edge on professional money managers.