Session last night was action packed. Starbucks profits perked up traders interest with its strongest 3rd quarter ever. Amazon had higher sales but posted an earnings loss. Zynga stock was zapped after the outlook fell short and the company said it is nixing plans to get a gambling license. In trading yesterday, there was green across the screen with all three indices along with gold and oil gaining ground. A House Committee is pushing a bill forward that would end saturday mail deliveries to your door. And the fda plans a mystery announcement today. Larry shover of sfg alternatives joins us now. It could be a wild trading day larry, based on what we saw in those Earnings Releases after the close last night. Good morning. Good morning. Lets start with starbucks and amazon and get your take there. Starbucks, its like people are realizing its just not growth in asia and latin america, but the fact is theyre doing a great job in the u. S. Making some key acquisitions, theyre doing very we
Friday. The market expected 120,000 jobs were added to payrolls in october and the Unemployment Rate will tick up to 7. 3 . Stocks sink ahead of the unemployment news. Yesterday the dow fell 153 points wiping away yesterdays gains and then some. Nasdad dropped by 75 and sp lost 23. Gold down 12 and oil edged 52 cents lower. Daniel stecich of athena Advisor Services joins us on this friday morning to get the ball rolling with a look at the market. Good morning to you good morning how are you . Im doing well. We call this trader talk but today im calling it twitter talk because everybodys talking about twitter. Did you buy the stock on the first day daniel . No i didnt buy it. I think ultimately it will be a good stock but until they can figure out how to monetize their productand it is a good productbut they cant figure out how to make money yet. Im not gonna touch it. Ill let the thing drop down a little and get a better handle on what theyll actually do Going Forward. Outside of twitt
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According to Reuters, Southwest is considering reducing the hours because of over-staffing costs brought on by a delay in the planned delivery of dozens of Boeing jets.
Visit Santa Barbara, the destination marketing organization for the Santa Barbara South Coast region, will hold its Annual General Meeting, 11:30 a.m.-1