Page 3 - Freeport Mac News Today

All the viral affect that those plays have, but theres a huge inf infrastrushlgt play thats almost impossible to beat. This is the classic example that if someone gave you money, you would probably have to return it because its almost impossible to compete with them. To put it in perspective, you talk about 150 global fulfillment centers. Thats just building those. The land alone would take a competitor a decade. Its going to be difficult for traditional retailers to regear how theyve been distr...

Nasdaq meeting on the downside, looking at the today moves in the s p 500, you will see indeed that we had a big upsurge and yesterday we had pretty much gone sideways. Put another way, look at the bloomberg. I have the s p 500 intraday range thus far. Right now its only at 11. 7, 11. 8. It looks like that could be the lowest of the year. Of course, that has happened a couple of other days with late day changes. We will see what happens this time around. In terms of the groups on the move, we ha...

Official anymore . Scarlett i dont know. Wednesday is official because j. P. Morgan is reporting. Julie whether you are talking about alcoa or the banks, there is not a lot of optimism when it turns to earning broadly with energy or financials. We have seen a pairing of gains today as we have gotten deeply into the session. The s p 500, if you look at the intraday move we have seen, it has been moving from steadily lower, a leg up in the past few , downs, but none the less sharply from the highs...

Shooting overnight at a university. One person is dead. Thers were wounded a suspect has been arrested. The shooting took place in a parking lot outside a dormitory. President obama ghost oregon today to meet with survivors of relatives of those killed in last weeks committee college shooting. At everyone is happy with the president s visit. And an organization that pushed peacefully for democracy is honored by the nobel committee. Goes tors peace prize the Tunisian Group who led the spring upri...

Ramey 490,000 new home sales for the month of november. This is less than what we were expecting for the month of november coming in at 500 thousand, so amiss. For the this is a miss month before. Youre looking at the revised number for october of 470,000, so a miss. That would have been three a row of gains, but we are missing that. Lets go to university of Michigan Consumer data and that is beating estimates, coming in at 92. 6. Iswere expecting 92, so this meaning we are seeing five months in...

Oil this morning. Gain of 1 and a third percent. Prices decline nearly 9 just in the last three trading sessions. In case you missed it last night, the worlds top supermodels hit the cat walk. Wearing the most expensive bra encrusted. Dow chemical and dupont advance talks to merge, a merger can be announced in the next couple of days. Together a cap of some 120 billion. A deal would result in a threeway split. First they merge and then they split it off. Keith mccullough, record and tough deal f...

That this market cannot bounce to safe its life. Each time it tries, sellers come in and push it back down. Much of that now has to do with oil, which was up nearly 4 today. Only to drop on that inventory data. Take stocks right with it. I think thats the biggest question now, joe. Why cant stocks in a tremendously over sold market catch a bounce . You just answered the question. It is about oil. The last two sessions weve had bullish activity as you approach the close that kind of lifted the ma...

Week in the futures market. The nasdaq would be down about 10 102 points and this comes after the dow closed in triple digit negative territory yesterday despite a big spike in oil. We did see another negative session in asia. Of course among the big reasons, new Economic Data showing chinas Manufacturing Sector contracted last month. It contracted at the fastest pace in three years. The official number contracting for the First Time Since february. You can see how the Chinese Markets are he rea...

Two feet. Boston may top attitude feet instead of three. More than 7000 flights have been canceled greater the travel ban has been lifted along with several neighboring counties. Policymakers will start their meeting today. They are not expected to raise Interest Rates. Inflation slows down. The yield is approaching a record low. A number of earnings reports to talk about. Caterpillar came up short. The maker of heavy Construction Equipment missed wall street estimates. At procter gamble, it fel...

Economy. The big driver for todays selloff is retail sales despite deep discounts, lower gas prices and a robust labor market. Combined with more volatility and oil prices and a lower forecast for Global Economic growth sent stocks on another wild ride. The dow cut an early 350 point loss in half ending the session down 186 points. The nasdaq lower by 22 and the s p was down 11 points. In the bond market the yield on 30 year treasuries hit record lows while the yield on the benchmark ten year no...