A phenomena that gloriously stopped today. Dow dropping 27 points, s p and the nasdaq both shedding 0. 1 . As we hit a legitimate bottom down about 6 , we have been rallying as if things are terrific and getting much better. You know what . Thats fabulous. Or at least it will be fabulous if it were true. But its not. Truth is, we have some good, we have some bad. Real concerns. As well as some pedestrian ones. So tonight were going to explore the notion of the two tracks. The track of sanity. All aboard and the track of recklessness. The track of rational. And the track of irrational. So we can make sure to stay on the right one. If were not careful the irrational track will end on the dreaded third rail. First, whats rational . Okay, well, we want stocks to go higher when they beat and raise expectations. We want stocks to go down when they miss expectations or do something that hurts their earnings. When nothing happens, well guess what, we want nothing to happen. We want stocks to d
2012 and get this were on track for the best yearly gain percentage wise for the dow since 1996. There it is. Theres not a lot of volatility. Just a slow roll upward. A reminder for those listening in their car were at 117 points on the dow. 7 of 1 . Nasdaq up a. 25 . Home depot is adding to the dows strong performance. Without we can top that cant we . Oh, yes. If theres one stock that everybody is talk about on the floor is twitter. Its up big again. The shares are up more than 170 since the ipo just early november. Adding 3 today. 72 bucks a share. Of course we want to know if twitter can flying to a new high. It was up 6 at the peak. It was up to 74. 75. The volume weve traded 70 million shares of twitter. This is for a company that had a 10 million share floated in its ipo. Here on the floor were only doing 240 million shares. Thats only 20 of the total. If you say thats roughly more than a billion twitter a huge piece of whats happening in the market as the only reason why were o
They just were so violently ill. I just knew it had to be the mussels. Sreenivasan those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan our lead story tonight the problems implementing the new Health Care Law were front and center in washington. Both sides scrambled to address the failures and the possible fixes. Newshour Congressional Correspondent kwame holman begins our coverage. The rollout of obamacare is nothing srt of a debacle, and the American People are now fearful of their healthcare. Reporter the house return
They just were so violently ill. I just knew it had to be the mussels. Sreenivasan those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan our lead story tonight the problems implementing the new Health Care Law were front and center in washington. Both sides scrambled to address the failures and the possible fixes. Newshour Congressional Correspondent kwame holman begins our coverage. The rollout of obamacare is nothing short of a debacle, and the American People are now fearful of their healthcare. Reporter the house retu
Poetry. Sreenivasan and from the pacific northwest, a report on how Climate Change could be making the local shellfish toxic. They just were so violently ill. I just knew it had to be the mussels. Sreenivasan those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan our lead story tonight the problems implementing the new Health Care Law were front and center in washington. Both sides scrambled to address the failures and the possible fixes. Newshour Congressional Correspondent kwame holman begins our coverage. The rollout of