• Cramer: “This stock is terrifc but…”

    By Lawrence Lewitinn | Talking Numbers – Tue, Sep 17, 2013 1:37 PM EDT

    GM is going after Tesla with a $30,000 electric car. But has the auto giant already surpassed the upstart in other ways?

    General Motors announced that it is working on developing a $30,000 long-range electric car to go after Tesla’s Model S.

    Several years ago, a film titled “Who Killed The Electric Car” accused GM of sabotaging its own electric car efforts (the EV1) in the late 1990s to prove electric vehicles weren’t viable.

    Times have changed.

    Since the late 1990s, oil prices have gone from $12 per barrel to over $105 today. GM’s Chevy Volt, a hybrid of gas and electric, has sold 15,000 vehicles this year with the help of government incentives. As well, upstart Tesla’s electric-powered Model S (also a beneficiary of government help) is fast becoming the luxury car of choice for those who can plunk down $70,000 to $100,000 for a car without batting an eye.

    Oh, and since 2009, one of the biggest shareholders in GM is has been the US government and they’re pretty keen on getting

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  • Gartman: Don’t get too aggressive on gold

    By Lawrence Lewitinn | Talking Numbers – Tue, Sep 17, 2013 5:43 AM EDT

    Bullion is rebounding on news Larry Summers won't be Fed Chief. But is that reason to stock up on gold?

    This weekend, former US Treasury Secretary Larry Summers announced he was withdrawing his name as a potential Fed chairperson.

    And traders took that as a bullish sign, with the S&P 500 at one point close to its record highs during the trading day. As well, gold went up to $1,335 per ounce on Monday morning. But not everyone believes gold bugs should be excited.

    “I’m not sure one wants to get too aggressive on gold out here,” said Gartman on CNBC’s Squawk Box yesterday. “You had a huge rally overnight but it’s already given most of those gains up.”

    Indeed, the yellow metal was trading back down below $1,310 per ounce by the end of the New York trading day.

    (Read: Gold settles higher at $1,317; spot gold edges lower)

    Over the past several years, the Federal Reserve Bank has been buying up US Treasury and mortgage bonds so as to lower interest rates (bond prices move inversely to bond

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  • Acampora: This stock is a double

    By Lawrence Lewitinn | Talking Numbers – Tue, Sep 17, 2013 5:42 AM EDT

    Ralph Acampora, the godfather of technical analysis, says ignoring some old standbys is a bad move.

    Are we paying too much attention to flavor-of-the-month stocks and not enough to oldies-but-goodies?

    Yes, says Ralph Acampora, known on Wall Street as the “godfather of technical analysis”. And, says Acampora, ignoring some old standbys is a bad move.

    (Read: We still love stocks, but not as much: Goldman)

    Acampora doesn’t just know a thing or two about technical analysis, though. He’s the dean of the chartists’ community. For over four decades, Acampora has been at the forefront of technical analysis. He was one of the founders of the Market Technicians Association, the organization that awards the Chartered Market Technician® (CMT) designation which sets of the highest credentials in technical analysis. He is the Director of Technical Analysis Studies at the New York Financial Institute and Senior Managing Director at Altaira Wealth Management.

    Therefore, there was nobody on earth

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  • Trader: The Apple chart is “broken”

    By Lawrence Lewitinn | Talking Numbers – Mon, Sep 16, 2013 1:15 PM EDT

    Is this the end of Apple's industry leading pricing power? What do the charts say?

    Apple’s new iPhones haven’t hit the shelves yet and already Wal-Mart is cutting their prices. Is this the end of Apple's industry leading pricing power?

    When Apple released its two newest updated iPhones, the general consensus was… a giant, gaping yawn. Besides that, there were also parody videos speculating that the “s” in “iPhone 5s” stood for “same”. Others suggested the “s” as well as the “c” in “iPhone 5c” stood for things not suitable for reposting on a family-oriented blog such as Talking Numbers.

    (Read: Why everyone was wrong about Apple)

    Now Wal-Mart is slashing away at the new phones’ prices. They announced last week they will sell with contracts the iPhone 5s for $189 (a $10 discount) while the 5c will sell at $79 ($20 less). And, some of Apple’s older iPhone and iPad products will also get a price cut.

    Lower prices may come at a long-term cost for Apple. Its position as a premium brand may

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  • Suze Orman: Why I like this stock chart

    By Lawrence Lewitinn | Talking Numbers – Mon, Sep 16, 2013 10:58 AM EDT

    To kick off Chart Week on Talking Numbers, personal finance legend Suze Orman explains how she used technical analysis to trade one stock.

    This week is Chart Week, our celebration of all things technical analysis. For the next several days, we will have the biggest and brightest names in technical analysis looking at their favorite charts right here on Talking Numbers.

    To get us started, we talk charts with Suze Orman, the two-time Emmy Award-winning host of The Suze Orman Show. She is also a bestselling author, motivational speaker, financial guru, magazine columnist, and the world’s most trusted financial advisor.

    Suze isn’t just a personal finance expert; she was once a broker at Merrill Lynch and a Vice President at Prudential Bache Securities before starting her own firm in the late 1980s. So, she knows a thing or two about the markets.

    (Watch: Suze Orman’s three tips for beginner investors)

    But what many people may be surprised to learn is that while Suze is a fundamental

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About Talking Numbers

TALKING NUMBERS is a fully integrated media experience, hosted by CNBC and Yahoo! Finance, that takes a 360° approach to trading-highlighting the best investment opportunities by analyzing stocks both a technical and a fundamental point of view. But TALKING NUMBERS will do more than just tell investors what to buy; it will show them HOW to buy. Our goal: teach viewers how to harness both technical and fundamental data points so they can become better investors.