Page 6 - Drilling Technologies News Today

Eastern time. And in europe some markets have already closed early. The nikkei did hit 15,000 briefly for the first time in six years. Our road map begins with Holiday Cheer for the market. It might sound like a broken record but once again stocks set to open at fresh highs. Today is another important day for retail. Some stores are staying open for as much as 100 hours straight to try to take advantage of the late rush. But with new data showing a drop in sales, will those extra hours be enough...

Territory for the First Time Since 2008. The futures this morning after those two trading days do look like they are indicated higher. Dow futures up by 19 points above fair value. The s p futures are up by just over 1 point. On the economic agenda, december nonmanufacturing ism and november factory orders, both due at 10 00 a. M. Eastern time. Later this morning its about jobs. The adm jobs report on wednesday and the governments payrolls will follow on friday. Thats going to be the big one wer...

Investing can be a lot like comedy. In both disciplines, timing is everything. Perhaps the similarity is where on occasions people call me a clown, a joker as long as its not a midnight toker. Maybe they are actually complimenting my keen sense of timing when they compare me to bozo and krusty. The joke is on them. When it comes to stocks, getting the timing correct, knowing the right moment to buy, right moment to sell among the most difficult and frustrating parts of managing your own money. S...

For many professionals and corporate managers. Super, super, superduper hot. Its crazy. The 40hour work week is history. Daddy okay, hold on just a minute. 60to80hour work weeks are now the norm. You dont think youre working too much . No. Do you . No. Do you . No. Youre brainwashed. [laughter] maybe were all crazy. Maybe we are. [clock ticking] we have eight weeks of vacation. Eight weeks of vacation . Eight weeks, yes. Like most frenchmen marchand has no guilt about taking so much time off. In...

Safer so this was the scene of the crime. Irving picard gave us a tour of Bernie Madoffs 19thfloor offices, an impressive landscape of emptiness. His desk was here. Safer picard has the thankless task of finding the money, the billions that madoff scammed. watch ticking Arlan Galbraith who called himself the pigeon king convinced hundreds of american and Canadian Farmers there was good money to be made raising the birds for food. And everybody we talked to said this guy washe was on the up and u...

Shiller and auto sales. The nikkei closed up 56 . The best performance in 41 years. This final shortened trading week, all the major indices coming off big gains last week. As we look back on this great year for the equity markets, did 2003 end up stealing gains from 2014. Well take a closer look. But this year was not a good one for gold. The precious metal having its worst year in more than three decades breaking a 12year winning streak. Google and apple are expanding their fight for tech supr...

Analytics reporting bargain hungry shoppers bought less. Sales fell by mid single digit percentage at brick and Mortar Stores on friday and saturday. That compares to the same days last year. But, heres the important part, it does not include online sales which of course have been the story of the season. Wellknown industry analyst dana telsey will join us with her thoughts later this morning. In the meantime, Steve Weissman has the headlines. Apple announced it has signed a longawaited agreemen...

Bizarre thing on television. But i also know 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 that tunes in just to see if tonight is the night the show really does go off the rails which after multiple years of airing is always a possibility on any given night. Sorry, guys. Theres a taped delay. But keep watching for those of you more interested in trying to make money than watching me go around like th...

Its 30 below normal, but we continue to inch ever higher toward 17,000 on the dow. I think for me, the story is really about what an historic year and historic rally this has been for stocks since the 2009 lowin lows. The world looks better where we created 3 or for 4 trillion, the fifth best rally in terms of a bull market. If it keeps going next year, it will keep getting more impressive. Thats very different from what people had anticipated. Were going to keep an eye on that as we move into 2...

I can predict the term income in equality will be the obama democrats chief Election Year mantra. They say the successful rich are to blame. Nonsense. I believe its family breakup and poor education. Well debate it later. We got those stories and much more coming up on the kudlow report, beginning right now. Good evening everyone. Welcome to the kudlow report. Im larry kudlow. Were here live this new years eve. Thank you for joining us. Were wrapping up what was a great year for the stock market...