Understanding why viewers want us to compare results to last year, not to analyst expectations. We have 70 above. What does that tell you other than the Company Effectively managed where analysts were. We have no idea is it above or below. Intel, a third of their profit dropped off. In both revenue, and earnings, wouldnt you like to know how it compares . What if everything is down from last year in both revenues and earnings . Was it rich who was saying what you should be looking at is the number of companies that have surprising that shock you by missing by so much. Those are the ones who you havent really seen just objectively, it is hard to do above or below last year, there is always items, they sell businesses, so, you know, things are discontinued and makes it hard. The stock trade is based on where the streets expectations are. If they knew it would be coming down steeply, but if you knew it was going to be coming down steeply, street knew it was coming. Youre late to the game
But theres no problem finding my partner, tyler mathisen. Hes down at the New York Stock Exchange today. Hey, ty. Thank you very much, sue. When you watch these traders watching the politicians, watching themselves on cnbc, it becomes more and more clear that the markets these days are almost being held hostage by every remark and every headline. Whether its Speaker Boehner just a few moments ago in washington, or the president on the road in pennsylvania at a toy factory. Both sides spinning, and that is leaving traders heads spinning. Eamon javers in d. C. With the latest volleys in this match. Im going to try not to do anyany spinning here for you, tyler. But another day of kind of dueling press conferences here in washington. Difference today is we have a little bit of a Campaign Style theme as the president took his act on the road to pennsylvania where he tore this toy factory up there. Basically making the case for his tax cuts but he had a chance to make a toy factory joke as p
Trophy wives of the super rich and probably cost less money than women. First, the markets, dog days of summer giving investors little to trade on, but we have a market deep in the red right now, and look who is at the new york stock exchange. Thats adam. Hey, dagen. Dagen hey, adam. Down 137 points on the dough, blame ibm. Winners, though, three in the green, and disney, getting earnings later today besides the stinkaradiobomb, lone rangers but the s p a different story, fossil with a great day at the s p, even though we broke below 1700, shares up 17 , Washington Post set a new high, up 4. 6 , and beers up 4. 4 . Back to you. Dagen did Ashton Kutcher ring the opening bell this morning . He did. And our producer did all she could to run there to get a photo with him. Dagen sure she did. Hes not that great, but i brought it up because hes in the new season of [inaudible] dagen exactly. Thanks, adam. The state department ordering the evacuation of 70 nonessential u. S. Embassy personnel
And the odds, unfortunately, of taking home the jackpot are really, really, really, really, really, really low. 175 million to one. Alison kosik is monitoring powerball fever live in new yorks times square for us this morning. Good morning. Good morning. You know the odds are pretty clinton but its not keeping people away from buying the Powerball Tickets, soledad. I bought one ticket. And one is all you need. You got to be in it to win it. Im in it at least with one ticket. A lot of people coming in today with dreams. Dreaming of what they would do with the money. As they get their morning coffee, and head out to work. And also, of course, buy a few Powerball Tickets here and there. Alison kosik, if you win, remember, you and me, were a team, girl. Thanks for the update. Take a live look in zionsville, indiana, thats, that powerball has a mascot. It has a little puffy circular red man. I dont know why. But hes giving away 3500 free Powerball Lottery tickets. First come first serve. Th
Its always fun to see the owners prancing their dogs around. Whats better is they prance them around on a green carpet which makes it very easy for us to use Green Screen Technology to remove the dog. This is what the Westminster Dog Show would look like without the dogs. Makes just as much sense that way though if you think about it. Thats pretty good. Top of the hour. Welcome to morning joe. Mike barnicle and indicatekatie kay are with us. The story on the front page of the New York Times. Theres a big debate on whether its a jobs program, people are diseffected in the middle east and they dont have money, broke, no hope no chances. Thats why they get into isis. New york times shows that again, weve talked about it. Its just not the case in many cases. From a Cairo Private School killing fields this is a great mystery why guys from middle class to even upper middle class families from 9 11 until now with isis like this young man that they profiled decide to go from the middle to uppe