Page 2 - Etfs First News Today

Points. It started with macys, and spread to the mall reits, and starbucks and nike. Anything that touched the consumer and your money was sold, and sold hard today. Are these jitters about retail, about retail, or fears about the broader economy . Karen, ill start off with you. Yes, god, the worst weve had in a long time. I think that some of what was going on is specific to macys. Some not specific to macys, very general. Specific to macys, they talk about the issue of the sort of tourist that...

We see an interesting chart. Consumerhe u Michigan Confidence index. The point is, the middle class is less confident. The lower class. The middle class. We see a decline in expectations for the middle class around Consumer Confidence. Taking a look at the major averages to see what the reaction is to the Consumer Confidence number. The three major averages right around even, mainly unchanged. We do have a bit of breaking news on the news that potash and agrihim are in talks to merge. Potash and...

Around 1840 on the s p 500. Nobody was particularly talking about that as a technical level but we did see suddenly a raft of sell programs come in a little after 11 00 as we hit that 1840 level and the markets just dropped lower. There is two reasons why the dow is underperforming the s p 500. The first is that there are three dow components out with earnings and all of them are trading to the down side, not because they were necessarily terrible earnings, but investors sold right on the news. ...

Stretched, as she put it in her semiannual report to congress. It was probably more specific than any fed chair has ever been about targeted groups of stocks, and it certainly caught wall street and investors by surprise. Well have much more on ms. Yellen with analysis and views you will not find anywhere else, coming up here. Now, despite yellens warning, overall, the markets still on the cusp of new highs today. The dow only needs to gain 13 points to close to be a new record. Were above the 1...