Year amd left out of the party recently stock down in 2017 a rare exclusive with amd ceo. Her plan to power growth a 24 carat edition of power lunch starts right now. Move yeah what yall trying to do all right, bruno mars may make want to dance but these numbers on wall street will certainly get you out of your chair. Welcome to power lunch, everybody. Im Tyler Mathisen dow, best day of the ye so far final trading day of november. The dow giving ply son macke a wonderful birthday present happy birthday mack best day of the year dow, s p 500, russell 2000, small caps and transports all hitting new alltime highs the dow up triple digits this hour look at that, topping 24,000, 25,000 in sight. Intel, united technologies, Goldman Sachs, visa, other movers, cvs aetna higher cvs closer to a deal to buy the Health Insurer price between 200 and 205 a share. Sears higher struggling retailer posting a smaller than expected loss Michaels Companies soaring. Double digits. Arts and craft retailer b
Governments relenting to the shut down with a shortterm funding deal. Mitch mcconnell praised the decision yesterday. After three days of an unnecessary lapse in funding, a bipartisan majority has brought the Democratic Leaders extraordinary filibuster to an end and pass the bipartisan deal to reopen the federal government. As i said repeatedly over the past week, shutting down the government isnt irresponsible way to do business. Markets rally on deal. The dow, nasdaq, s p 500 all closing record territories. Half a percent of the dow up 143 points or 26,214. The nasdaq up 1 higher. Now 74 weight. Features a sporting show momentum continue. All the major indices in positive territory. Though investors up 73 points. Nasdaq up another 10 points. In europe across the board take a look at the european indices right now. Dax or three quarters of 1 in germany up 132 points. The others in positive territory. Same story in asia as the best performer they are hong kong hang seng up one and two
Hey, scott. Thanks for having me. We keep moving away from this bottom why are we going to have a shock drop once again, as you put it well, its a great question so most of these indicators are absolutely useless over time the ones that actually work are the ones most correlated by extremes in human nature in other words, you get a human nature extreme and inflect so what happened this time, and we measure like a shock drop is looking at a tenweek rate of change on the vix. And when it gets over 125, which it did, we looked at times in the past where that kind of quote, unquote, shock happens. And you typically get a 5 rally off of that shock low. So weve had just about a 5 rally off that low and then you go down and retest and typically break that point so i think, you know, what were calling for i get it. Guys are jumping on the retest bandwagon. But its typically what happens when you get a shock. Well, we already kind of had a retest and weve also moved far more than 5 off of what
One Company Betting Big on bostons general electric. Personally, the multinatural broke ground and its number of head courses in the city. The event ceo spoke about the collaboration between the company and the city of boston. One of the countrys Oldest Companies in ge has moved its headquarters to a lot of the companies of the cities in boston for the us of creating the future. Whether it is in life sciences, renewable energy, technology, aviation, material science, manufacturing, industrial internet, these are the things we want to bring. These are the things we think we can do together. Caroline it was last year when boston won the bid for ge in the move that cost the city as much as 25 Million Dollars in property taxes on top of 120 million incentive package from the state. I sat down with ge cfo jeff to discuss why they want the topic. Jeff i think boston is very unique. You start with a place where there is more rmb and resource spent per capita in any place in the world. Boston
One Company Betting Big on bostons general electric. Personally, the multinatural broke ground and its number of head courses in the city. The event ceo spoke about the collaboration between the company and the city of boston. One of the countrys Oldest Companies in ge has moved its headquarters to a lot of the companies of the cities in boston for the us of creating the future. Whether it is in life sciences, renewable energy, technology, aviation, material science, manufacturing, industrial internet, these are the things we want to bring. These are the things we think we can do together. Caroline it was last year when boston won the bid for ge in the move that cost the city as much as 25 Million Dollars in property taxes on top of 120 million incentive package from the state. I sat down with ge cfo jeff to discuss why they want the topic. Jeff i think boston is very unique. You start with a place where there is more rmb and resource spent per capita in any place in the world. Boston