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FBC Markets Now November 16, 2012

Lining is in sight and that gave us a boost here on wall street. 12,471. Our heart of the day was 12,602. Not far off from yesterdays. You are seeing some financials here. They are trying to move along. Jpmorgan was in the red earlier today. Bank of america. Some of the financials are still in the red. Citigroup, goldman sachs, casebycase. It is not a blanket of of arrows across the board. It still remains. It is something they have to contend with sooner than later. Melissa breaking news right ...
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FBC Countdown To The Closing Bell November 16, 2012

This, Oil Moving Higher today on tensions along the gaza strip continuing to build cost and supply risk. Up a full percentage point. Natural gas jumping 2. 33 , colder weather, perhaps that has something to do with it. So we have the worrisome headlines over israel. Also out of washington, d. C. , a little bit of positivity. What have traders got to do with all of this, are they short, neutral . Lets ask three superstar traders at the cme group and the nymex. Notice i did not stay long because i...
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FBC FOX Business After The Bell November 20, 2012

Halo effect. Listen, halo has a positive incarnation, but this does not. Theres negative effects on the suppliers and the partners. You can see the names are in here. Sorry, i have to move here. Seagate, tip coat software is hurt, Western Digital as well and infosist. David yesterday, phil said all the worry, concern about oil heading up to the hundreds is a little off because, if, in fact, if oil was going to go up, it would be up 8 yesterday. It was not up that much, and, again, fell today as ...
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FBC Countdown To The Closing Bell November 19, 2012

Apple also now putting the correction territory in its rearview mirror. Plus the Company Announced it has approved its 1 millionth iphone app today since the phones 08 launch. 1 million apps. S p pretty stunning, big jump here, erased all of last weeks losses, lifting back up to 200 day moving average. Bullish investors are looking for it to close above that level today, if it does so, we will see what happens tomorrow, but certainly would be a good sign for the bulls. And so beyond optimism abo...
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FBC Markets Now November 19, 2012

The board. We have also seen bank of america a real leader on the Dow Jones Industrial. Getting an upgrade. But take a look at the other financials as well on a day when the fear index is to the downside, the dollar is weaker. Also getting the opportunity for equities and commodities to take off. I look at bank of america. 9. 43 per share, up over 3 . You can see citigroup up over 3 . All of these financials without arrows, guys. A great day on wall street if youre bullish and long on this marke...
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FBC Countdown To The Closing Bell November 20, 2012

Shortly after ben bernanke wrapped up his speech. We will get into exactly what he said in a minute. But the homebuilders seem to be kind of impervious to all things bernanke. Gains across the board thanks to strong data on Housing Starts and permits that came out today. They looked pretty good. Oil, though, taking the spill listen, up 2 yesterday. Down more than 2 today. Traders heading for the exits on word and its only word that there may be a ceasefire in all of the tension in the gaza strip...
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FBC Countdown To The Closing Bell December 5, 2012

For pretty much all of the session for the blue chips. Money flowing into financials. Citigroup is jumping. Of nearly 6 . The story there, job cuts. 11,000 of them. Leading to a billion dollars in savings. Additional layoffs somewhere else down the line. Investors are getting this move a thumbs up. We know it is tough for employees. The stock is up more than 7 today. Bank of america, as you see, moving higher. The biggest gainer on the dow. Jpmorgan solidly in the green. A totally different stor...
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FBC FOX Business After The Bell December 4, 2012

Protesting president morsis decree to express its powers. Despite there, there was a nice pop, a move of 31 cents, about 2. 5 . It tracks Egyptian Companies that trade in egypt. David egypt, the fiscal cliff, so much uncertainty. Where do you put your money . Go to the big caps. Look at the winners among the big cats. Not huge, but this is where people are puttinggtheir money. They want it in safety. They are not putting it in gold. If you have to be in the market, go to the big cats. Thats what...
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FBC Markets Now December 6, 2012

Nicole this is one of those markets with a lot of anticipation. Every focuses on the fiscal cliff. Tomorrow is the allimportant jobs report for a lot of folks have been hearing more Economic News which has been more dismal lately. Talk about more layoffs they have seen in november. Right now the market is not too far off the unchanged line. The acidity holding 1400. The tech of the nasdaq still below 3000. Today apple is now moving into the green and that is one of the reasons why it is holding ...
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FBC FOX Business After The Bell December 7, 2012

The precious metal bouncing back into the green. It does touch one month lows in trading but todays game was not enough to make of earlier losses gold finishing the week 1 lower. It is still just above 1700, 1,705. 70 for one ounce. Technology worst performing sector. Many social media stocks of bucking that trend. Yelp, facebook, zynga and groupon up 23 . Dave facebook pushing close to 30. A lot of people happy about that. Michigan lawmakers passing right to work bills despite protests. A longt...
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