Page 5 - Group Traders News Today

Release of the Federal Reserve minutes. The dow is on track for its lowest close. Lets get more on the trading action. Bob is here on the floor as always. Ne energy stock s dragging us down we were weak right at the outset. You see around 10 30 we just dropped. Thats when the inventories came out. Barrels, import surge. Thats very bearish for prices. The bottom line is right. Exxon and chevron weighing on it. You have a lot of countries worried. You can buy russian as well. We saw dow stocks mov...

Later the analyst is here to make a bold case on why they will go as high as 500 a share. Will you not want to miss. That first we start off with breaking news. This hour to repeal obamacare. Hi, elon. Reporter hi, mellissa. The president says the vote in the house for obamacare was a sign of unity and show they can get things done and tax reform is coming up next. Were going to get this finished. Then we are going. As you know, we put our tax plan in. Its a massive tax cut. The biggest tax cut ...

Happy friday, welcome to power lunch. Im melissa lee. A look at the markets this hour. Its fairly quiet ahead the threeday weekend. Marginal gains for the dow which is up by three hequarters of a point. S p level. Nasdaq is up by two. All three indices up more than 1 for the week with the nasdaq leading gains. The defense stocks keep on rolling. Boeing, general dynamics, lockheed and northrop all at lifetime highs. Im courtney reagan. Here is what else is happening. The second reading of First Q...

The tech rally still has room to run. Thank you. See how that works. Intels chief Financial Officer bob wan is back with us, talk about the chip anchors better than the expected earnings and concerns at rival amd could be taking a bite out of its business. They had to defend themselves on the intel Conference Call. Some of the analysts asking about that tremendous competition from amd these days. Yeah. Well ask him about that so lets begin with amazon still weighing on the tech sector. Bertha co...

The 30year treasury yield, a sixweek low gold, two month high so the safety trade is still very evident in all of this as well thank you. Well pick it up from here ill Bill Griffeth along with kelly evans here at the New York Stock Exchange as we watch the selloff continue in equities, and we want to address one of the other side bar issues thats been getting the markets attention. President trump, not just on north korea but hes also been raising eyebrows on those comments about Senate Majority...

Plows 1 billion in two uber rival didi. Half an hour away less than. Its friday the 13th. I wont draw any correlation between the date and the board. We are trading down, softer this value telling us that the axle open down around one half of 1 . Inlondon market looks like will be down 1 10 of 1 . Friday the 13 risk off. Caroline it is certainly unlucky along asian markets. People moving money into the dollar, outlining the hawkish tones coming out of the fed. Thats two days of gains for the dol...

Markets. The market closing at another high. A move thats got everyone scratching their head. Earliee today, howard hudnick, brought up what could be the reason why. Its a riskon world. If im going to retire some day, ive got to make some money, what am i going to buy. Im going to buy stocks. And he might be on to something. In fact, take a look at this chart, courtesy of bank of america. The number of people over the age of 65 is growing. And growing fast. Thats the orange line there. Could it ...

Hoover. When billionaires buy gold and banks horde cash, should you run for the exits . I think we know where im come down on this. [ laughter ] yes, the answer is yes. No, no. But i think there is a really good point. One soros buying gold, hes been doing that but Commerce Bank hoarding cash to me is probably the biggest thing. It shows why its not going to work because they are doing the exact opposite thing they are supposed to be doing and spending that money. They are hoarding cash and when...

But it could come at a little bit of a price. We start off with the markets here. We had an interesting move, negative yields around the world, the tenyear german bond yield going below zero for the first time ever. Tim . Yes, i get it within the european union. We talked about this, other places to trade if brexit happens. The periphery was selling off in yields. If you think about what happened in the u. S. Bond market today, we got very close to the february 11 cloes on the tenyear. And then ...

Meg tirrell will tell us who the suitors are. The dow, nas sack dak many perceive to be a strong showing for Hillary Clinton. So the fed at rest through december and the first debate out of the way, are we getting now the allclear to buy stocks . Guy, what do you say . I dont think you get the allclear at all. I think there are so many risks out there, ex politics a tremendous amount of risks. But look how the market look how the s p has held the level we have talked about for quite some time. T...