Page 11 - Found Software News Today

Buzzing about carl icahn, eyeing apple as his next target. Bob, whats going on . Reporter it was a very interesting new world tweeting out positions like this. Lets look at apple, folks. 33 million shares . I looked at that and blinked, because normally apple does 10 million. Three times the normal. The tweets carl icahn sent out. We currently have a large position in apple. We believe the company to be extremely undervalued. Spoke to tim cook today. More to come. Well, there was more to come. T...

Positive. Ill point out this is an expiration day. Anything can happen during the last hour of trade on an expiration day. But before this, the dow is in jeopardy of having its worst week of the year. Were down about 2. 1 going into the day. If we finish below 15,095, that would make us the worst week of the year. And we are well, were above that right now. Ive got to tell you, bill, it feels like the quietest expiration friday weve seen in a long time. It does. I said to art, what if they held ...

The crash of a ups cargo plane in alabama. New information coming out throughout the day. The very latest, plus fire sweeping through parts of iota including around several bigname ski areas. They are being threatened right now. Well tell you about that, but, first, to sue at the new york Stock Exchange. Good to see you, ty. Well start with the markets right now. A down day right here on the floor of the nyse. The Dow Jones Industrial average is off 93 points, twothirds of a percent. The s p is ...

Maybe their actually complementing my key sense of timing when they compare me to these investing ledge end, bozo, crusty, anyway, its on them. Knowing the right moment to buy tore right moment to sell, among the most important, yet difficult and frustrating part of managing your own money, you tell me so many times when i see you, i am solving it tonight, precision is demanding. Thats why you hear so many commentators say its impossible to time the market. There is a whole Cottage Industry of n...

Brian with bank of america . Do you still see good positions or have stocks just moved too far sfp. Theyve moved a long way. They were very cheap five years ago. And redeck yulsly cheap. Thats been corrected. Theyre probably more or less fairly priced now. I mean, we dont find bargains around, but we dont think things are way overvalued, either. Were having a hard time finding things to buy. Well have more of ourcation with buffett and bank of americas Ceo Brian Moynihan in just a few minutes. M...

See there. 2. 71 . Yeah. Lets move on to europe. Second quarter gdp data indicating eurozone emerge by recession. In and also some growth in france. And that gets us to our road map which starts with a rare miss for macys. Shares of the Department Store are falling in the premarket. The ceo says consumer are worried about the uncertain economic environment. Apple still getting the icahn burp thmp this morning. Carl icahn tweeted he bought a stake in the tech giants. And strength on the farm. Dee...

Checked. Lets take a look and see if that still holds. Yes, it does. Not significant declines but declines nonetheless across the board. As for asia and japan, japanese gdp it did pressure the nikkei there to the tune of 4. 7 . The Chinese Government offering financial stimulus to towns to maintain economic growth. Signs of life there in the chinese economy. Lets get to our road map this morning. That does start with the s p. Which is sitting just under the key technical level of 1700 but settin...

Nasdaq climbing after a week of playing teeter totter between the bulls and bears. We got to ask, are we done going up . Maybe not but i think the market likes leadership and right now, its gotten very hard to find new leaders. Lets get right to it. Start with tech. You search through the once huge group of the s p 500, you know with the white flag that went out this morning by blackberry and the endless decline in dell sales symbolizing pcs, you simply dont have that much to cheer about. Save o...

Input because thats not their job, which is how you could have apple roaring 23 despite a down day where the dow sank 50 points. S p san ak lot. First you need to understand the way the market works before i get too far afield what the analysts did in this case and do in general. Their job is to build. They want to estimate a companys sales, factor in the margins, how much is left after the cost of goods are produced and then come up with an earnings number, which is then divided by the share ca...

End of the Third Quarter this week, up about six points. A third of a percent at 1698 on the standard poors. Dow and s p snapped five days of losses. Five session losing streak. Bob pisani, finally some relief for these markets after all that selling. There was. It may be temporary because things are still very dicy down here. Ive highlighted two things all day, maria. Political risk and complacency. Put up the full screen. What do i mean by Political Risk . Simple. The markets went up early in ...