Executive orders on drug prices, we will hear from the top ceos in the space first we start off with wall street, a selloff on some of the most widely held stocks. Facebook is down 3 , goggle, nvidia, apple is down a whopping 7 and netflix is down more than 8 so we talk all the time about waiting for the dip to buy if this isnt the dip, what is which names are the best right now . Guy. I think netflix stands out to me i do know the move we have seen over the past couple weeks, we have moved to this magnitude before we had one in july we have seen moves in netflix. Within a week or so the stock continues the upward trajectory. 150 is a big level in my opinion. If you look, thats where we broke out in may we held it few look for riskreward, i dont know if this is a predicted buy overall. I think it is a dip to buy netflix. I think netflix is the stock that has a lot more room to go i would be on the other side on nvidia, i think the uber stocks are a proprietary moment pum its natural wh
The biggest drop in 11 months ahead of cpi tomorrow. Our retail map with slipping all out with earnings, most of them down in the premarket. Plus detail from facebook to take on tv with original video content. This is a day after disney added fuel to the content battle as it partially splits over time from netflix. And day of ipo report cards blue apron is dropping in the premarket. Busy day for retail earnings this morning we heard from macys and kohls. They both beat the street. Dillards reported. That stock down after it missed estimates and same store sales fell by 1 well hear from nordstrom today. Theyve sort of been all over the place. Up and down. People are being stupid theyre being stupid kohls is a good quarter the concern is the 5. 5 yield. Not a problem. Macys, really, really good. Why . Because they reaffirm. This is a company that has not reaffirmed in ages i think thatthe new management there is energized theyre spending on the stores to make them look better cash flow s
Its the naz dock that certainly seems to be the worst today. Joining us for the hour to discuss all of it is josh brown. Joe, john, and pete, we begin today though with a man whose memo was the talk of wall street recently a memo warning investors that the level of risk in the market may be getting dangerously high. Howard marks is the cochairman, hes with us live today at post nine and we are very happy, sir, to welcome you to our program today, thanks for being here thank you, scott, glad to be here this was the talk of wall street we spent a lot of time on our program diving into what you wrote. What prompted you to do this now . I just accumulate things all the time i read about this, i read about that, hear about that, come across this fact, and eventually, they accrue until theres enough to make to have meaning you know, its funny, the stock guys say oh, you know, everything looks good. This can continue. Its the credit guys who raise the flags. Im wondering whats going on with t
United nations to adopt sanctions against north korea. You can see the american effort is diplomatically led. It has diplomatic traction. It is gaining diplomatic results. I want to stay right there, right now. The tragedy of war is well enough known. It doesnt need another characterization beyond the fact that it would be catastrophic. Reporter the secretarys visit to Silicon Valley underscores the need for the military to speed up its surveillance and to develop Defense Technology faster. For example, existing spy satellites have spotty coverage of north korea due to atmospheric conditions. The u. S. Needs to identify north koreas rapidly developing Nuclear Development activities. The Defense Innovation unit experimental has put 100 million into 45 pilot projects mostly in Silicon Valley involving startups. One of them. Palo alto based capela space is counting the days to launch its first satellite to see through storms and darkness. The goal to circle the goal with 36, each no bigge
Chief. Neither side showing any signs of backing down. If north korea does anything in terms of thinking about attacks, they should be very, very nervous. Reporter President Trump says he is still willing to negotiate. Casting doubt on those north korean sanctions saying they may not be as effective as they thought. I will take that from you. Thank you very much. Within the past hours a major sting operation that led to arrests and got guns off the street. San mat heo county along with atf took part of a two year sting operation. Law enforcement set up a sting operation in the warehouse. And a neighbor in San Francisco shared video. Maximum penalty for those arrested could be up to 20 years in prison. A bold daylight robbery. Now this is one of many youtube videos. Police are on a man hunt for the thieves. Thom jensen is in a neighborhood where this all unfolded. Reporter what we know right now was that the victim was in a nearby cafe. The man who drove over him took his laptop and ran