A concrete company says business is booming, two Home Builders rave about business. Broad Line Department stores just dont see it. Today the bulls clearly won the day. Dow gained 140 points, s p climbing 8 . Still recovering from that last day that was ugly. But theres no denying that this is a tough environment to navigate. Throw in the white houses seeming inability to get back on track after this 24hour leakathon, and you cant be sure where you stand in this market. Thats why going up to the feds june immediating, were going to have to hang on all the words of the fed. Case in point, monday when noted dove neil cash carry expre expressed epawill they cance each other out . Who knows, all i can say for sure is their utterance will dominate action this week. Bulls, remember you want the hawks to win out because we need the fed to bless the economy. The only Quarterly Report we get on monday, ajbilent, a, that compa if they disappoint, corporate buyers are out there. One of the one rum
Jobs. There are. We are hirin i am 16 getting paid more than my friends. Do ey exploit workers . Mark cuban says it is ridiculous. The minimumwage killed the first job. That is our show. Tonight. [applause] john this studio audience is filled with young people. In terms. They have become increasingly common about half of College Students do some type of internship to build a resume for about also four companies to try the workers out. For cheap. How many are paid real wages . How many is paid . Nobody . [laughter] arent you exploited . Nobody . [laughter] the Obama Labor Department says they are. Itit issued a sheet said free in turn ships internships has no immediate advantage. What . Then why would they 11 . Ssa it is better for the business the buness could be impeded. Ru kidding me . I had the the in turn like that. We parted company. [laughter] i have used them all of my career. Someday research. Summer journalist. But they say the Labor Department should punish those companies. O
Jobs. There are. We are hiring. I am 16 getting paid more than my friends. Do they exploit workers . Mark cuban says it is ridiculous. The minimumwage killed the first job. That is our show. Tonight. [applause] john this studio audience is filled with young people. In terms. They have become increasingly common about half of College Students do some type of internship to build a resume for about also four companies to try the workers out. For cheap. How many are paid real wages . How many is pad . Nobody . [laughter] arent you exploited . Nobody . [laughter] the Obama Labor Department says they are. It issued a sheet said free in turn ships internships has no immediate advantage. What . Then why would they 11 . Ssa it is better for the business the business could be impeded. Ru kidding me . I had the the in turn like that. We parted company. [laughter] i have used them all of my career. Someday research. Summer journalist. But they say the Labor Department should punish those companies
Better. Some red arrows in europe as Indias Parliament continues to fight about berlusconi. Our road maam begins with the s p, looking to claw back some ground after yesterdays closing at the low, below 1,700, the longest streak of the year. Jcpenney had been pointing down sharply again on continuing concerns on whether they need to raise capital and just how much. But the stock looking up after the Company Comes out with a release saying, hey, were still seeing progress here on our turn around. Well have the entire story in a moment. 11 billion is what jpmorgan could end up paying to tie up security probes. And jcpenney did fall below 9, getting close to an historic intra day low. The company has a statement out saying theyre pleased with their progress thus far in their turnaround, starting to see greater predictability in its performance across many areas, improved by its purchase conversion, which has been a longtime Sticking Point and anticipates will experience positive comps com
Positive, all the qe we take back. We werent in a recession and wont have needed any of it, which is weird. Huffington post never mind. Lead story on Huffington Post is what the i guess the dallas fed figured out what the great contraction, theyre calling it, what it cost us, Something Like 14, 15 trillion. Wow. Yeah. In lost wages and everything, take everything into account for the and naturally the Huffington Post points a finger squarely at quality for causing the whole thing. But anyway, lets check on the futures at this hour. Yesterday after all was said and done, the averages were the dow was unable to hold on to the positive gains that it started with, closed down a point. Up 36 points today. The s p indicated maybe up 4 1 2. S p is at a level that some people think could be important to make a stand if we want another leg to this rally. There you can see the nasdaq, which is probably a performing better, but doing pretty well since facebook and even though facebook is not a na