Page 7 - Michael Pearson News Today

Buy. Throwback thursday as we said. This day in 2003 apple opened the iiphone store. We are expecting a slight decline, a big decline now in fact at the open. The dow down, the s p by 16 t nasdaq by about 10 points. Yesterday we did see a little bit of strength but not too much. And oil prices did hit highs of the year. That was the big story. 156 points the dow expected to open down. Lets have a look at the yield on the 10 year note. We did see a dovish reaction to the fed yesterday. Yield up t...

Josh lipton is on the ground there with the very latest. Josh. Reporter new products announced today, including a new smaller version of the ipad pro. Remember, apple executives billed the ipad pro as the future of personal computing and said for many people the ipad pro can replace the pc. Take a listen to what apples Paul Schiller had to say. There are over 600 million pcs in use today that are over five years old. This is really sad. It really is. These people yes. To really, really benefit f...

Deals were announced or offered, even if they are not done. The s p is gaining a little traction thanks to facebook. The dow was being held back to some extent. When i look at the s p 500 as emblematic as what is going on in the markets and look at the biggest movers, it is a mixture. You have facebook on the list and when you look at facebooks future growth, a lot of analysts are saying the bulk of the revenue increase last quarter. All this money comes from facebook itself. Not even monetizing...

Governor phil bli auryant signe despite opposition. This comes on the heels of p paypal saying it will plan to bring jobs to North Carolina after lawmakers in that state passed a law in a restricts protections for lesbian, gay, by sexual and france gender people. In the North Carolina situation, a large number ofgender people. In the North Carolina situation, a large number of east called on petition calling on the governor to reject the particular law. The mississippi news comes just when the w...

Every possible metric. The stock is soaring, as we see there. Afterhours session highs. This comes as every other Major Tech Company has basically tanked on earnings. So can facebook save technology, and should facebook be a core holding in your portfolio. Guy, what do you say . Listen, ive been wrong about a lot of things, most things, but i think categorically, collectively weve been right about facebook. If you look at facebook, the one thing that stuck out to me is, forget about active users...

Got some Consumer Spending numbers that did not meet estimates. All three major averages near the lows of the session. Amazon in point terms is one of the things that is keeping the s p 500 from falling more after the Company Reported a Record Net Income but the other card stacked against it. Sciences coming out. Apple declining having its worst week since june since 2014. In percentage terms, i want to look at the big tech losers in todays session. You have seagate coming out with numbers that ...

Kospi closed out flat. Right now the dax is up by 1. 2 . The cac and ftse 100 each showing gains of. 25 and italy up. President obama is in cuba marks the first time a u. S. President has set foot there since Calvin Coolidge back in 1928. Today hes going to sit down with his cuban counterpart, raul castro. The president is joined by officials and a host of ceos. Well hear more from michelle carusocabre carusocabrera. Apple supposed to launch a smaller, cheaper iphone product. Aimed at markets li...

The nasdaq is off by 18. This comes after both the s p and dow closed at their highest levels of the year after yesterdays fed meeting. That fed meeting along with the News Conference with fed chair janet yellen, were going to be talking more about her message. In the meantime, take a look at wti. It is up by just over 2 to 39. 28 a barrel. Getting closer to the 40 level. Also, if you take a look at the currencies, the dollar is down against the euro, which is all the way up at 1. 1308. The yen ...

Exchange. Donald trump and Hillary Clinton move closer to securing their partys nomination for president. Clinton winning seven states. Bernie sanders taking home four super tuesday wins. Instead of building walls, were going to break down barriers and build [ cheers and applause ] build ladders of opportunity and empowerment so every american can live up to his or her potential. Clearly going after trump there instead of sanders. On the republican side, trump did turn in seven victories last ni...

Their highest level of the years. With todays gains the dow has wiped out all of are its 2015 losses, amend heres what was really interesting. Were starting to see a rotation out of socalled safety trades, utilities, Consumer Staples, telecom, money going today into industrials and discretionary, technology. Guy adami, a good sign for this rally. All started last night. Tim will speak to this. The china numbers were good enough. People are looking for the lesser of good, looking for quasidisastr...