Page 42 - Pattern Recognition Technology News Today

Finding money in garbage, yes, trash. You wont believe the big names lining up behind this trade. Hi, everybody. Tyler is out. Mannedy is on the half time report this week. So youre stuck with us. Were getting a modest rally. You have three things going for you. You have oil on the upside. Its behaving. You have a modest time to rally and a europe rally. Thats all you need going into the close. Modest expansion of new highs. Ill show you in a couple minute. Thats been there all throughout the da...

Territory this morning. U. K. And ireland coming back to open for trading after boxing day holiday and you can see what thats doing for the markets here. We are up about 9 points in the futures market for the s p. 83 for the dow and 74 for the nasdaq. Europe which i just mentioned, u. K. And ireland back online today. We are seeing the biggest gains though out of germany which is up 1. 5 . France is up 1. 3 . Italy is also up 1. 3 and the ftse in the u. K. Is up fractionally. Asia which had been...

This is typically an interesting trading week. You get some moves. The european markets were in the red last time i looked. London not open. Boxing day, right . Yes. Boxing day. Whatever that is. Thats where you give the staff money. Its called a christmas box. Thank you, that helped me. And the tenyear note yield. Crude oil which has been such a key to the markets is down thats the biggest move down in a few weeks. We rallied strongly. Rallied strong last week in wti and in brent. Brent fall be...

Likely that the takata airbag recall will, in fact, be expanded. We dont have the numbers on that. That Conference Call is still underway. Well get back to more details as soon as we have them. It is 4 00 p. M. At ab where i road, and squawk alley is live. Welcome to squawk alley as a wednesday. Also, this morning the founder and editor in chief at the information. Cnbc contributor jessica lessin. Good morning to you. Good morning, carl. Got stocks at session highs here. Dow is up 145. Our first...

Been 52. All that said, its still about the best the dow has done all year. Still a pretty lackluster start to the year. It seems, carl, as though we wake up well, see relative stability in china despite that off shore yuan rate. Then theres not that much to go on. Theres not that much buying sentiment in the market to propel it further. Were waiting on more data throughout the month, but so far lackluster trade. Overall, though, tech is not looking so bad. I always like to look at where a coupl...

Report and low in gasoline. One stock hitting a new low and that is retail. The xrt, that tracks retail, hit a 16 month low. So is the consumer in bigger trouble than we think. Lets get into the money and find out right now. Dan, what do you think . I dont think their in any more trouble than weve thought was going on. And i think this is a great example of fairy tales exposed for what they have been. This is a great point. The xrt was down 3 on a day we saw great jobs report and oil down and it...

Lets get right to it on a day that saw a strong jobs report and another low in gasoline. One group of stocks hitting a new low and that is retail. The xrt, that tracks retail, hit a 16month low today. So is the consumer in bigger trouble than we think. Lets get into the money and find out right now. Dan, what do you think . I dont think theyre in any more trouble than weve thought was going on. The u. S. Consumer has not been particularly strong and i think whats going on, and i think this is a ...

Walmart stock, which continues to tumble after the retailer announced massive closings. And it could have major implications for the economy. The action starts right now. So lets get right to it. Tough day if youre long. S p hitting its lowest level since 2014 on chaotic friday. Touched 31. Too late to buy protection . Lets find out. Dan, what if viewers are long, what should they do . Today i thought the selloff was fairly orderly. I know it looked really bad, feels bad looking at statements, s...

Today is different. I think the number one reason is pretty obvious. We had a big Oil Turnaround in the middle of the morning, and thats primarily what turned things around, if you look at the sector. We have been so deeply over sold. I mean for days. For example, the putcall ratio at one point, thats really elevated. All sorts of sentiment indicators. Retail sentiment way oversold. We just have been waiting for days for many some kind of bounce. Oil was the catalyst there. Look at the s p. It c...

Lets get to it on a day that saw a strong jobs report. One group of stocks hitting a new low, that would be retail. The etf that tracks retail hit a low today. Is the consumer in bigger trouble than we think . Lets find out right now . Dan, what do you think . I dont think theyre in any more trouble than we thought all along. The u. S. Consumer has not been strong here. This week is a great example of a lot of fairy tales. Bull market fairy tales have been pokesed. Today is a great example to yo...