Page 4 - Mike Coe News Today

Selloff on wall street as we are one week away from the u. S. Election. The dow down as much as 200 points at the low. The s p 500 closing at its lowest level since july 7th. And the nasdaq locking in its sixth straight day of losses for the First Time Since april. You have the vix soaring, gold jumping, high yield down in the last six and small cap stocks getting hit the hardest. So are election fears finally taking their toll on the market . Are things only going to get worse . Ahead of next t...

Julia boorstin is monitoring it. Facebook shares, we should note, volatile in the after hours session, down about half a percent right now. Despite an earnings beat. The stock initially syrininking. This follows a tough day for the tang stocks overall getting hit hard. Facebook is, of course, the last of the fang stocks to report earnings this quarter. So can facebook keep growing and is it signalling the end of the tech run . Dan nathan, what do you say . As far as the move in the after market ...

Mcdonalds, clorox, all near their 52week lows. What are these stocks telling us about the consumer and whats holding the consumer back . Guy ad dadamadammi. The u. S. Consumer will always spend, as long as they feel good about things, as long as the stock market goes up, i think the consumer feels that everything is okay. Now youve seen some hiccups over the last couple of months or so, on top of which we have this election coming up that we talk about all the time, and people are racheting back...

Portfolio because the most popular and widely owned stocks in america are getting pummeled. Were talking about amazon, facebook, google, apple, all losing ground again today after a red week. Last week those stocks have shed a combined 132 billion in market cap since the election. So at what point do these names become a buy or are they simply a notouch right now. Guy . Steve talked about this the last week, week and a half, about the great rotation and youre obviously seeing it now. When amazon...

Freeport mac up 16 and caterpillar up 16 . Target is still interesting. Mel, welcome back. Target had a great quarter. I know its not nearly as interesting as Goldman Sachs or freeport mac or caterpillar up 50 this year. But target to me seems like they got their they got their feet back underneath them and it manifested itself in the last quarter. The technology is much better. I think theyve separated themselves some walmart. Out of those four names, thats probably the name with the most up si...

Fast money starts right now. Live from the Nasdaq Market site on new yorks times square. Im melissa lee. Tonight on fast, should the drug industry be more worried about a donald Trump Presidency . The ceo of allergan thinks so. Hell here to explain why in a fafast money exclusive. Plus donald trump sending a chill down Corporate America today with this comment. Companies are not going to leave the United States anymore without consequences. Not going to happen. Its not going to happen. Ill tell ...

After hours. This comes as some of the biggest names in tech have been solid gainers since the brexit lows. Take a look at the performance of facebook, google and apple since june 24. With stocks, of course, overall near record levels, is big tech where you now want to be . Pete najarian. I think its where youve been wanting to be for a while but brexit opened up that door even wider because everybody started looking. We all know about the utilities, we all know about telecom. They had to go som...

And the nasdaq recouping nearly all losses from nationwide and it started with these comments from fed governor brainard. I was only kidding the apparent reversal on a lot of investors saying, what the fed so what do you do with your portfolio right now . Guy . We talked about on friday what was the movie, guy . Scarface. Not everybody is that you know. Which one was she . In the tub or anyway my bad. I dont know who youre talking about. One of the things we said on friday, the market traded dow...

The markets and stocks soaring as the dow, s p and nasdaq saw their biggest threeday gain since august of 2015. Get this, since the august flash crash weve seen very similar eerily rallies where stocks surge only to return to new lows. So can you trust the rally this time around . Guy . Well, youre going to trust it if it closes above 1950. 1920, i didnt think it would get here on whatever today is wednesday so it got here. 1925. The bears needed to prove themselves on thursday, unable to do it ...

And soup and cereal stocks have been on fire, but the chartmaster has a simple message for traders. Nothing for you. Well explain why. The action begins right now. Spending all my nights all my money lets go right to it. The bear had reason to run scared maybe its this. Check out the transports. The economically sensitive stocks touching a yeartodate high today is this a sign that things are on a firmer footing . Dan, what do you think in. No doubt about it. I think you can take the price action...