Rob Sands News Today

Earlier losses closed at a record high. Thats kind of where our road map starts as it often does investors shrugging off Global Growth concerns. Stocks set to rally at the open. And records still within striking distance. Plus, broadcom eyeing symantec, my reporting added to bloomberg yesterday which broke the story. And mine. And jims give you more details. And pot shakeup, bruce linton out, telling cnbc he was fired from the Worlds Largest publicly traded cannabis company. Somewhat extraordina...

Today. The single most important piece of information that they release. The dow gained 29 points and the nasdaq fell. The market is down right shocking the bank stocks have been rallying for days since the economy is red hot hot enough that the fed might have to raise rates repeatedly the hope of fast paced rate hikes have been driving the financials higher and i have told you that the financials are the most important leaders of the sector out there not tech, not health care. Not even industri...

Warm wul come to Worldwide Exchange on cnbc update on the market picture this morning we had gapes last week, the seventh straight week of gains for the s p and the dow. The nasdaq led the week for returns up 1 , s p less than that, the dow up more like half a percent. The nasdaq needed a 2 gain on friday to take it into positive territory for the week for the whole and some of the tech earnings we discussed late last week the main driver, the alphabet, google, microsoft, for example. This morni...

Adp in line at 177. And our road map begins with apples iphone sales disappointing. Why the company says future product rumors could be to blame. Private sector hiring slows. Will signs of a cooling job market change the feds potential rate hike plans . And a food rally, mondelez and yum brands beat the expectations. Mcdonalds gets an upgrade at goldman up. The iphone shares disappoint and tim cook said we are quote we are seeing a delay in purchasing behavior that we think is a consequence of t...

Worst performer is spains ibex 35 and theres wti which i know my partner here will have a lot to talk about he almost always does. It is often a key to this market, down this morning. Lets get to our road map this morning. It starts with the start of amazon shopping holiday, as the rest of retail suffers plus a number of recent ipos that have fallen below the bear syndicate what their pricing was, what it means for the valuations and rest of the companies that want to go pep. Pepsico is out with...

Thats exactly what happened today. Where the dow advanced 86 points, while the s p backslid the nasdaq tumbled 6. 3 . With a session like this one, all sorts of people will come out of the woodwork and say the rally in the tech stocks, the clear market leaders is now over youre going to hear some commentary, some very scary commentary about how everything thats expensive is now out, and everything thats cheap is in. Because after all, the best performers this year with a handful of exceptions we...

Weak ahead of the jobs number tomorrow. A handful of ugly misses, store cuts and outlooks, macys, kohls, l brands all moving low sgl er. And market slipping away from 20k. A day of record auto sales. And trio of news to get to on apple, the app store and a new 1 billion investment from that company. Were going to fill you in. But first up in about a half hour from now the Senate Armed Services committee will hold a hearing on Cyber Threats against the u. S. Sparked by allegations that russia eng...

Thats the strongest of the expansion. Well get to all the numbers of the premarket relatively steady. Europe is mixed. Yields actually if you just heard ticked up on that wage data. Factory orders, rig count and fed speak today still on the way. Roadmap begins with 156,000 jobs added in december, below what the street was expecting. The last jobs number under president obama. First it was ford then it was gm. This time the president elect goes after toyota sending alarm bells across the nation o...

Josh brown. Hey, scott, how are you . Are there opportunities elsewhere . Is it undeniable at this point . Its undeniable and people running money are starting to wake up to this and the benefits are showing up in their po portfolios for the first time. The first time on valuation, a cyclically adjusted pe for the United States is now 30. Weve almost never been this high. Forward returns are not what they were when we were at 17, 18, 19. Developed europe, cape is 17 so about half. Emerging marke...

Since after election day. Our road map begins with the big jobs number. The monthly job report come in under expectations. What now . And the u. S. Launches an air strike on syria. Trump and chinese president xi continue to meet at maralago. Well take you live there for the latest. Weighing in on the payroll number, retailers were a big part of this slashing 30,000 jobs last month in addition to the month before. Construction adding the fewest jobs in seven months. We did see an increase in aver...