Page 6 - Jack Bogle News Today

We had better than estimated Economic Data this morning. Largely, inflation getting closer to the feds target of 2 . With saw Industrial Production overall falling, that manufacturing zynga first gain in three months. Overall, the Economic Data was a little bit better. We have the sectors on the move and this sort of push off and pull with utilities dragging things down. Health care and Consumer Discretionary helping to support gain spirit, not it is our of the story. The weight from energy and ...

As i mentioned, we are hitting some fresh highs. Lets get to the markets desk where julie hyman has the latest. Risk on back in the markets as we head toward the end of the year. All three major averages at the highs of the session now as it seems like Risk Appetite is creeping back into the market. Not a particular catalyst today, not unusual on a day that we see volume about half of what it usually is. If you take a look at my bloomberg terminal, you can see where most of the buying is happeni...

Broadbased advance in todays session and all the major averages are trading higher. Discretionary stocks led the games today and some of the Energy Stocks up and coming back as well. Are seeing Consol Energy and Chesapeake Energy and transocean which fell yesterday coming back in todays energy in todays trading. These are some of the worst performers this year. Iran a ranked returns number so Chesapeake Energy is the worstperforming stock this year, falling 79 . Sometimes you see this rotation a...

Asnie i have been mistaken francine lacqua. We will start by checking first word news. Moving closer to getting syrias president to extend his stay in power. The u. S. Is opposed to rushs assistance that they be allowed to compete in a president ial election. China has a warning for taiwan. Cutting ties with taiwan could collapse if taiwan refuses to recognize the framework that has governed the nation for two decades. The leading candidate in taiwan says there are other options for negotiation ...

Disappearing. No rally today could s p still up on the year, barely, less than a percent. It will be pivotal for the return for the s p 500 for the year, at least. All the averages near the lows of the session. It is a relatively broadbased decline. Utility shares are up very slightly today. Energy and materials are lower. We have been seeing most groups declining here. Utilities is the sole group in the grain. Again, it has a lot to do with commodities. Oil prices trending lower today reported ...

Your screen. Information technologies leading the gains but health care and Consumer Discretionary our neck at that. Financials have been strong throughout the day. We should mention, this is on lower volume, of course, being a holiday week. Volumes are 40 percent below the 100 day moving average. Technology is the best performing group today, individual stocks lending the most to the gains include apple, which is bouncing back after what has been a week month for the company. Amazon has gotten ...

How about that tenyear note yield . We have eclipsed that 2. 5 number. That occurring yesterday. The dollar has strengthened. A lot of people talking about that, as well. We are going to be keeping a close eye on the markets, talking about what you can expect from here given that selloff yesterday. That move up in the yield, as well, in the ten year. We start with really a stunner in the bond fund world. Legendary Portfolio Manager bill gross leaving pimco, the Investment Firm that he founded to...

Apple saying shares are massively undervalued. Recent history repeating futures pointing lower after a big recovery from a dramatic selloff tuesday. Alcoa and pepsi beating the street. Leadership, gap shares down. Murphy announcing he will be retiring. Carl icahn released an open letter to apple ceo tim cook saying the Company Shares are massively undervalued and should be trading at 203 a share now. Icahn expressed support for cooks leadership, urged him to accelerate the share buybacks. He wou...

Its been. To talk about swings, talk about crude oil, talk about the ruble which after that surprise decision by the Russian Central Bank yesterday to raise to 17 , the ruble immediately jumped up 10 and then fell back by about 8 and a 20 percentage point swing here. If you just looked today and didnt know what happened this morning you might think its an expected reaction and hide a lot of volatility we have seen, again, in global asset glasses here. Whiplash is only term some people are using ...

That a good or bad idea . Voices on both sides of that issue. We have the latest and you get to chime in on whos right in that battle, as well. You can see on an otherwise up day, all the table stocks are lower. The president in china at a quick summit announcing a visa program thats expanded and on the same day china is the top suspect in a massive hacking attack on the u. S. Postal service affecting more than 800,000 postal workers. Can we have truly normal economic relations with china while ...