Page 2 - Tom Joyce News Today

Good Economic Data out this morning. Often when you get a new high you tend more often than not to get a high the second trading day and it looks like we could be doing that for the s p. 1910, 1900 was the new record closing high which is bringing up a different kind of conversation. Inflation, suddenly. Were talking about that. Were talking about the dreaded iwith the word and implications potentially farreaching from the fed to your investments. If the people were going to talk to are right, t...

Of ourely crushed one reporters. Tim got knocked in the eye with bigmera and has a nice shiner now. Everybody wants to talk to her. Gm is just not giving any interviews now. They fired the head of Public Relations two days ago so that might be one of the issues. It is really an incredible spectacle. It is tough for her, as you can see, just making her way through the crowd there. Mobbed by reporters. Ously what cars are looking good twoyear . The new York Auto Show is becoming one of the most im...

Ritholz. Very excited to have you here today. Im pretty excited about all of the interesting crosscurrents going on in the market. On the one hand, you have a group of very local bears talking about every pullback as it this is it, this is the top. And then on the other hand, there are some fairly relentless bowls who are just quiet relentless bulls who are just quietly eyeing stocks wer continuously. We will talk about that, but lets get to the newsfeed. Bank of america posted a First Quarter l...

Says ceo joins us from kansas city. Lori white takehome pay may be less than previously thought. Melissa president hugo chavez to be sworn in their reports are swirling he may be losing his battle with cancer. Now it is time for stocks with Nicole Petallides at New York Stock Exchange with the jobs report. It looks good. Holding above 13,000 ford 30,400 with the Dow Jones Industrial average. Obviously what a nice run. Kicking off 2013 beautifully. Helping the 401k to soar. Do not get ahead of ou...

Liz breaking news. The change of management at the top of etrade. Stocks spiked on the news. It is a dow jones report that in essence is saying that there may be a new ceo coming to them from barclays well regarded by at least a london media which is a tough thing to do. This is extremely capable and charming. What does this say about the trade. They might be one of those companies that have floundered and will be taken over by td ameritrade. You bring in a brand new ceo and he is the guy who wi...

Lawmakers have been trying to convince the naub they are willing to compromise. They return to capitol hill today. Everything should be on the table. Bring entitlement reform into the conversation. A group of Corporate Executives are calling on congress to rise above partisan politics to try to find some sort of a solution. We have a lot to talk about with gleg brown and well start that in just a moment, but first over to andrew. Finance ministers are trying to unfreeze the second bailout packag...

Off with the fiscal cliff. The president meeting with more ceos today bringing his plan straight to the people culminating in an appearance in a factory later this week. Costco joins the dividend parting initiating a 7 a share payout on top of the regular dividend. And a shakeup at groupon. The board may be considering cofounder being released. Theres powerball fever. 500 million big ones in the pot. How would you spend the money and how does the fiscal cliff factor in . Well talk strategy with ...

Orders and sales in italy, orders flat on the month, down. 2 on the month for sales and down nearly 5 on the year. So confirming some of the weakness that we know weve seen previously in the italian economy. Meanwhile, another gauge perhaps for the euro as we look to the strength of it lately. Thats the current counselor plus which in october was an adjusted 3. 9 billion euros, up quite a bit from the 2. 5 billion reported for september. Now that also comes after a day after the European Unions ...

Just the past five trading sessions. David all right, vixx is always interesting to note, and whenever it is at a low which, indeed, the vxx is, now, this is remember, the vixx you cant trade on, the vxx you can. Its a volatility index, it hit a 52week low today. Some people would say perhaps thats too low, well have to be watching that very carefully. Liz just not a lot of fear in the market. Wheat, we should look at that. A huge mover in the commodity pits. This rally hits a two week high, and...

You have john boehner talking but he is optimistic a deal can be reached. This comes on the heels of yesterday when you had harry reid expressing caution about the fact things ar were nt going that well. We are seeing the market to the downside, they have improved and you can see it spiked up. Alaska mitra said to them. Dagen speaking of House Speaker john boehner, he said he is optimistic. Im optimistic we can Work Together to avert this crisis sooner than later. Connell we also want to show yo...