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Transcripts For FBC Countdown To The Closing Bell 20121119

Apple also now putting the correction territory in its rearview mirror. Plus the Company Announced it has approved its 1 millionth iphone app today since the phones 08 launch. 1 million apps. S p pretty stunning, big jump here, erased all of last weeks losses, lifting back up to 200 day moving average. Bullish investors are looking for it to close above that level today, if it does so, we will see what happens tomorrow, but certainly would be a good sign for the bulls. And so beyond optimism about a budget deal, what else was out there . The market got a push from a pair of housing numbers, to its highest level in more g than six years. You can see confidence in some of the homebuilder stocks here. Housing names rallying on the news. Plus existing home sales beat estimates. Weve got crude oil rallying but not on good news. Look at todays sharp jump. Its a manifestation of tension between israel and hamas and the rocket battles over the gaza strip intensifies. The uncertainty no doubt s

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