Page 132 - Freeport News Today

Nightly Business Report for wednesday, may 7th. Going, everyone, and welcome. Federal reserve chair janet yellen went to capitol hill today. She told Congress Joint Economic committee that the u. S. Economy is turning up after a winter of virtual standstill. But she pointed to several areas that bear watching, among them, housing. Steve liesman has our report. Reporter fed chair Janet Yellens testimony before Congress Joint Economic committee today blamed the first quarters economic weakness sol...

Nightly Business Report for wednesday, may 7th. Going, everyone, and welcome. Federal reserve chair janet yellen went to capitol hill today. She told Congress Joint Economic committee that the u. S. Economy is turning up after a winter of virtual standstill. But she pointed to several areas that bear watching, among them, housing. Steve liesman has our report. Reporter fed chair Janet Yellens testimony before Congress Joint Economic committee today blamed the first quarters economic weakness sol...

Talking about asia and general and when you look at the tenyear and wonder whats eating at it, that would be one of the real reasons why we havent seen it do better. Also watching these stories today. Why did the target ceo have target on his back . A weekend board meeting, a sudden departure that takes effect immediately, so why now . Target stock is down about 3 today on that news. Many are asking is another shoe about to drop in that story . They will be reporting earnings on the 21st and i k...

We have the Major Economies aligned for the first time in a long time, all in positive growth mode and growth we think will accelerate. China is stabilizing and we think improving as well. When you look at all those markets you are seeing it. Your client with the High Net Worth of client. Are they taking money out of bonds or putting it into stocks at the expense of bonds . So far the shift thats going on and we are seeing a shift finally toward equities. It initially came out of cash. Its slowl...

Old pattern to emerge as the biotechs and the Technology Cloud plays rolled over again and at one point seemed to be on the verge of taking the entire market down. Aided by some worrisome talk about russia from president obama. But as we neared the bell, the market regained some strength. The s p climbed, and although the biotech and cloud laden nasdaq could only muster a 0. 11 gain. After this roller coaster ride, whats our game plan for next week . Lets start with the book ends. The bill indus...

The big monthtomonth handoff in the markets. Major indices looking to tack on another month of games for june. July opens with data intensive week, ending with jobs one day early. Ken feinberg set to announce details of the General Motors Compensation Plan for Crash Victims. Well bring it to you live. Outrageous, facebook conducted a largescale psychological experiment on more than 500,000 users. And the u. S. Expected to unveil a near 9 billion fine for francis bnp paribas. Futures pointing to ...

As futures softened, but higher at this hour. Home builder, Toll Brothers, reported profits doubled last year. Hot prices continuing. A breach larger than target according to the security analyst of the possible hack at home depot. Investigating unusual activity. Apple reels from anger, samsung unveils new products in an event beginning right now in new york city. Rising on hopes of easing tensions in russia and ukraine, but they back away from the announcement that, in fact, a cease fire was re...

Showed only 142,000 jobs created . The slowest month of the year . And about 80,000 fewer jobs created than many were expecting . Normally you expect stocks to get hurt, right . Didnt much of this markets next move higher come from additional job growth . You would also expect Interest Rates to plummet, as almost always happens when we have a real employment shortfall. As the dow gained, and the nasdaq advanced, and bonds . They did nothing at all. Whats going on here, people . I think a couple ...

Bizarre correlations taking the averages down with it. Down later in the day actually allow you to make any money . Is it possible to navigate your way through a day like today after really nasty initial decline. The dow only gain 13 points. S p did backslide. 1 but the nasdaq advanced. 05 . Do you know what the answer is . Yes. But first you must accept and come to terms with if not love the basic stupidity of the markets daytoday and hour to hour judgments before you pull the trigger. Lets sta...

Others are brandnew and needed to be exploited to the fullest. The pin action is everywhere. Some of this might be coming on the heels of good performance on the strength of a remarkable breakthrough treating the terrible disease of cystic fibrosis. Take gilead. Then there is celgene which soared today. This is the cheapest big cap drug company in the universe. Even after this remarkable run. You want to talk about buying on dips . People say, cramer, youre a big dip buyer. Thats stupid. Conside...