Giant as oil jumps today is this beaten down sector finally about to move up the Investment Committee is ready to go. The Halftime Report with scott wapner begins right now. Welcome our Investment Committee today, joe terranova, steve weis, john and Pete Najarian. Lets begin with the markets and that semi surge. The chips on pace to close above a key level. Their 50day moving average for the First Time Since early may still a long way to go to get back to the highs but, pete, if this is legit, it could be extremely positive for the overall market it sure could people were leaning on this. This is exactly why this particular name moving everybody else, micron, thats why it was beaten down as much as it was. You look at yearoveryear numbers, this is abysmal but they priced in the fact they werent looking year over year but for this quarter can they beat, and they did. They beat on earnings and on revenue by a little bit, not a lot. And you look at the company. We all talk about valuation
The god of [laughter] stocks. And right now were looking at the kind of session, charles, where we need to start with the intraday charts because weve already seen this mornings pretty powerful rally lose some momentum, but that actual could actually could change. Im watching a monitor right now because philly fed president patrick hard kerr who earlier this week said the fed could afford to end its tightening cycle is about to start a fed webinar on jobs and employment at any moment. As we monitor his comments and any marketmoving messages he may give, lets show you those intradays. At the open you see the dow spiked 455 points powered by the july consumer inflation data which showed that for the 13th month in a row the pace of rising prices slowed. Right now though the dow up 161 is. So weve kind of fritteredded away a lot of that. The blue chips along with the Broader Market still cant hold on to most of the gains. You can see the s p is up 12, high of the session a gain of 59 in pa
Counter. So a busy two hours to come. So put something cold and fizzy in the fridge or fire up the kettle or because were doing things differently tonight, put something and fizzy in the something cold and fizzy in the kettle a night of kettle and lets make a night of it. The headlines with it. First, the headlines with rory smith. Rory smith. Thank you very much. Leo storm, anthony saw 78mph. Winds hit some parts of the uk today, blocking 100 miles of railway between exeter and penzance. About half a months worth of rain fell in some areas, with a number of people having been evacuated from their homes in nonh evacuated from their homes in North Yorkshire due to flooding. The south west had severe road and rail disruption. Well a yellow weather warning remains in place until 10 00 tonight for the south east of england and east anglia. Weather journalist east anglia. Weather journalist nathan rao explains us the conditions, the wind speeds of this storm. Storm anthony are expected to b
The fridge or fire up the kettle or because were doing things differently tonight, put something and fizzy in the something cold and fizzy in the kettle a night of kettle and lets make a night of it. The headlines with it. First, the headlines with rory smith. Rory smith. Thank you very much. Leo storm, anthony saw 78mph. Winds hit some parts of the uk today, blocking 100 miles of railway between exeter and penzance. About half a months worth of rain fell in some areas, with a number of people having been evacuated from their homes in nonh evacuated from their homes in North Yorkshire due to flooding. The south west had severe road and rail disruption. Well a yellow weather warning remains in place until 10 00 tonight for the south east of england and east anglia. Weather journalist east anglia. Weather journalist nathan rao explains us the conditions, the wind speeds of this storm. Storm anthony are expected to be around 75 mile per hour gusts on the coasts and 55 mile per hour inland
all of that is coming up. but first you re here today. your ceo didn t want to show up. i want to sincerely apologize impacted by this. caused a loft of anguish. people want to know if we re going to invest in this system so it won t happen again. we need to invest in technology and also in our operational system because the winter operations were too much for us. it was a failure epically from top to bottom. it s obvious that ya ll messed up and your customers, they expect you to fix it. neil: all right. the fix is not in, at least not yet. a south airlines number 2 executive getting grilled on capitol hill over that holiday travel chaos that grounded nearly 17,000 flights. today lawmakers are demanding answers. unfortunately, they didn t get many answers. we ve got you covered with fox s lydia hu on why a southwest apology didn t cut it. robert ray on winter weather that could be testing it all over again. not only for southwest but an entire country. let s