The Week: Pickers Focus on Steel, Financials, Tech & International Stocks (at CNBC)

stocks, stock market, cnbc, cnbc.com, stock blog, cnbc stock blog, investment, portfolio The week was a mixed bag of economic and market news, most of it on the negative side. Oil prices continued to hit record highs, the market officially entered bear territory and the European Central Bank socked it to the U.S. by raising rates a quarter-point. Despite all of this, CNBC guests found bright spots in steel, financials, tech and international stocks. Monday: Monday ended the market’s worst monthly decline in nearly six years, with financials leading the plummet. Shares of Lehman Brothers tumbled more than 10 percent on speculation that the bank could be forced to sell itself. Oil prices topped $143 a barrel for the first time. Mark Parr, of Keybanc Capital Markets, said steel stocks are a very fertile place for solid capital... [read full story]