And then europes hanging in there as well, german Business Sentiment at an 18month high. Our road map begins with the market. More history as the dow closes above 16k. Is the world getting ready for the santa rally . Gap shares falling on news on its Quarterly Results as were one week from black friday. And pandora shares fall on earnings while spotify could be worth 4 billion. People are beginning to Pay Attention to the percentage of investment people have in stocks, getting close to the levels we had in 2007. We can always look back and pick a time where it seems that was the top. Imagi margin debt is an important indicator for the top. What i like about the companies, they are levered to asia and europe. How many times does jamie dimon say we need rates higher. And now youre seeing the move to the financials and Goldman Sachs is in the financials, too. What may be good for the financials may not be good for the rest of the market, if it includes a taper tightening, a less dovish fe
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Going higher. These are widely held stocks that if you dont own directly you like we do in your 401 k or mutualfund or pension. Somewhere in your portfolio, big bold machines like boeing, walmart, johnson and johnson, mcdonalds. And down the road you see decent gains of up to 2 . We have big mergers and acquisitions. Is it news . Could there be a new marriage in the works . Time warner cable getting a boost following a report that Charter Communications is kicking up a sweet proposal but theres also theequestion of comcast jumping in. Nicole a multi player deal. Lets see what is going on. Time warner cable moving to highs today. Time warner cable shares have been jumping as the wall street journal reported late thursday yesterday it that Charter Communications was prayer preparing to make a bid, and theres another story brewing, time warner has reached out to comcast and that is to try to head off of it, from Charter Communications. Keep an eye on all three. Theres Turner Communication
16,000 and we are still above it. Nicole petallides on the floor of the Stock Exchange. Nicole del 16,000, we saw the dow closing with its 40th record close of the year. 2013, certainly a monumental year for stocks, Dow Jones Industrial average 12. 5 points sitting at 16,023, points away, six points away from the alltime Record Record intraday high, we will be setting new highs, the nasdaq index in the with a up arrows, ticketing nasdaq up 1 3 and leaders on the dow like bowling, johnson and johnson, travelers and caterpillar as we watch the trend to the upside, this is our seventh straight week of gains assuming everything ends where it is. Connell we are always ahead of the game on markets now. Thanks nato may be the big word for next weekend if not we made it into that because beginning this weekend the elements are expected to come to get it to deliver a storm that will start with snow in dallas on tuesday which is already a big deal and disrupt all the important thanksgiving commu
Unthinkable in particular if were in a fullfledged financial meltdown with that law. What all this is getting at, i am getting at is this, those who push this will do anything to avoid the feed on this, that means they will do anything and everything to save the law. Not only because it is the law, buzz because if you think about it, it is their law, their cause, their crowning achievement, do not assume the hiccups meantime is up, and this Unaffordable Health care act is going down. What is playing out now is dangerous different transaction over who knew distraction over who knew what and when, we should be focussing on the secret backers. To many to count. I want to stress this is the law. A clumsy law, a flawed law, a financially for now unworkable law. But i stress, it is the law, that is the deal. This is Barack Obamas new deal. And no way in hell he is going to give it the old heaveho. Why should he, not without a hell of a lot of fight, and a hell of a lot of money, likely your