Starts next week. Despite the propensity of everyone to believe that the only thing that matters is the fed, i have news for you. Next week is earnings week and sales and earnings are individual companies are a lot more important than you think during this one period. Yes. Isolation give a number here, strong nike report, good home depot quarter. It can move a stock. They may not get in this market any pin action though. But 12 weeks a year the three weeks each quarter that i regard as official Earnings Seasons they can matter to the entire market. I want you to consider them the playoffs and all the rest are just regular season games. I have to give the macro data its due. Just like the employment report. So on monday we get the nonmanufacturing number. This is the lone number left that i think is still strong. I say that to all the fed people who want rate hikes so badly. This is it. Only one. So you better get this right. Were a service economy, if we see that slow down, but the fed
On business tv but television in general. I mean, think about it. A oneman show about business. But i also know that you wont find investing advice this good anywhere else. You know that too or else you wouldnt be watching. Unless youre one of those people who tunes in just to see if tonights the night that i actually do go off the rail. After multiple years of airing is always a possibility any given night. Sorry, guys, theres a tape delay. Keep wishing. Although i do my best so it doesnt. This show is all about the method or methods to break from strictly quoting the bar to my madness. How do i pick stocks . What gets on the show . You always ask me that. Why do i tell you some stocks are worth buying now instead of on the dip. Hey, tomorrow. Thats the question everybody would like to know. So tonight im going to give you pieces of the answer. Lets get rolling. One of the easiest ways i identify potential cramer names for mad money, the stocks that could but wont necessarily always e
One of note today, walgreens we will give it up too. Items of note, the indian Prime Minister meets secretary kerry in washington, hes really doing a fullcourt press. From Madison Square garden to central park to dinner last night with the president. Where he drank only lem none water. A hearing in washington on those White House Security breaches and finally just want to point out microsoft is introducing windows 9 in india. Weve got him here in the u. S. And microsoft c. E. O. In india opening up a new data center. The white house breach is something. How did they depth that far in . The damage of it, like everybody else ive opinion in the green room whos done a tour of the white house and its spiritual, its part of america that this guy got into. Have you been in the lincoln bedroom . No, i did not sleep in the lincoln bedroom. Clearly you didnt give enough money to the clinton administration. 47. Hillary said to me something, tom, youll love it. Let me do a data check right now and
On planes trains and truckers . Its cold, baby its cold and getting colder. Snow hitting east and midwest today. We have the forecast and we have sue standing by out from the elements at the new york stock exchange. Hi, lets take a look at the ten year note. Everybody is talking about that right now. It dipped below the 2 mark. Right now we are trading at 1. 937 in terms of the yield. Lowest we have seen obviously in the new year and actually in the ten year since october. We have Bertha Coombs at the nasdaq. Russell and nasdaq getting hammered today. Bob pisani is here with me at the new york stock exchange. We were down about 180 points or so. We have come back a tiny bit but the market is under a lot of pressure today. The three lows the low euro low bond yields and low oil all weighing on things. I want to show you major indexes right now. Tyler is right. Good time to hit on transports. They are getting hit. Russell 2000 small caps weak. Under performing the s p 500. I want to show
One in five americans never expect to get out of debt. How can you keep your money issues from spiraling out of control . Mo tonight on nightly Business Report for thursday, december 11th. Good evening, everyone and welcome. Stocks sprinted out of the gate this morning spurred by good news about jobs, the dip in oil prices and better than expected retail sales for november but then, like a horse that ran the first furlongs too fast, the market slowed. Though it did cross the finish line with modest gains. After being up as much as 225 points, the dow finished 63 points higher on the day. Nasdaq added 24 and the s p was up 9. Oil moved lower again. Domestic crude fell another dollar closing below 60 a barrel for the first time in 5. 5 years. Foreign brent crude fell half a buck finishing at 64. 24 a barrel. After that pickup in spending last month, retail sales rose 7 10 of 1 , nearly double forecast led by autos, clothing and electronics. Jobless claims fell by 3,000 last week, so what