Price of the Shopping Center hasnt been released. More details will be announced this spring. 3 3 Sioux City Police say theyve arrested one of the two men responsible for a brutal Home Invasion in morningside. 21 year old Austin Cummings of sioux city is facing four felony charges in the case. Hes accused of 1st degree robbery, going armed with intent, assault while participating in a felony and 2nd degree theft. Cummings is currently being held in the Woodbury County jail on 76 thousand dollars bond. Police say he and a still unnamed second suspect broke into this home on south alice street just after 2 30 monday morning. Beating a 19 year old man with special needs while holding his mother at gunpoint. Then stealing game consoles and other electronics. 3 a School Board Member in northeast nebraska is one of four people facing charges in a case of animal cruelty. Kirk van pelt is charged with aiding in animal cruelty and four counts of contributing to the delinquincy of a child. Autho
Its first rate hike in years. All of europes forces are getting hit hard. And what do we do . In spite of this discouraging backdrop, we rally. Dow gaining 20 points. Not bad. When you see days like this one, where the odds are stacked against pretty much anything positive, and you nevertheless get a big turn, you have to recognize sentiment is simply not working as a barometer of f stocks. Right now this market is saying it wants to go higher. And its yelling that message over a cacophony of negativity, the likes of which we havent seen in some time. Whats working . Oil, which is supposed to go to 30 a barrel, every time it goes down we hear about dive, dive, dive it had another good day, a day when it rallies away from its perilous forget weigh station, oil stock rallies of the year. Schlumberger, exxon leading the way. Coral labs rallied almost 4 points. Crude may not want to soar into the stratosphere but these stocks sure do. Thats an obvious sign that the big institutional Money
Prices for the redemptions. This has roiled through this high yield space, as Many Companies have gigantic amounts of debt. They took on during the days of easy, cheap credit in the housing days. Those days are over. And these junk bond funds, particularly the mutual or open funds, are proving to be disastrous investments. I urged you is to sell the stocks of any companies that are borrowing money to pay their dividends, which is the case of many of the oil companies. Now im including a mustsell for any mutual fund where you are risking your principal to grab a little extra yield. A mustsell. Ive urged you never to reach for yield since the show began. I am reiterating that admonition lets go to next weeks game plan. First, well be on the lookout for more stories about Mutual Fund Redemptions just like we had today. Theyre going to dominate the headlines, because Financial Advisors all over the country were calling their clients all day today, urging them to sell junk bond funds so the
Some gains. Remember, we were up big yesterday, raising some cash. Were still very close to the highs. Dont say i didnt tell you at the top if youre just a couple of percent away. Yo tonight im going to the mattress. Not rely. Stay tunun. Any of the purveyors of the plush, well see if theyre worth owning. Then, a meal ticket out of chinas middle class. Is yesterdays spinoff good news . Plus two of corporate americaa oldest institutions and they just had a merger. Dont miss my take on dowdupont. Todays news. And you know what i suggest you do . Stick with cramer announcer dont miss a second of mad money. A follow jijiramer on twitter. Have a question . Tweet cramer, madtweets. Send jim an email to madmoney cnbc. Com or give us a call at 1800743cnbc. Head to madmoney. Cnbc. Com. I have asthma. One of many pieces in my life. So when my asthma symptoms kept coming back on my longterm control medicine, i talked to my doctor and found a missing piecec ininy asthma treatment. Oncedaily breo p
Getting hit hard. And what do we do . In spite of this discouraging backdrop, we rally. Dow gaining 20 points. Not bad. When you see days like this one, where the odds are stacked against pretty much anything positive, and you nevertheless get a big turn, you have to not working as a barometer of stocks. Right now this market is saying it wants to go higher. And its yelling that message over a cacophony of negativity, the likes of which we havent seen in some time. Whats working . Oil, which is supposed to go to 30 a barrel, every time it goes down we hear about dive, dive, dive it had another good day, a day when it rallies away from its perilous forget weigh station, inspiring one of the greatest oil stock rallies of the year. Schlumberger, exxon leading the way. Coral labs rallied almost 4 points. Crude may not want to soar into the stratosphere but these stocks sure do. Thats an obvious sign that the big institutional Money Managers are fearful that they dont own enough oil stocks.