In this darn thing . You get money falling into your lap from mergers, from acquisitions, and from incredible rallies in high Growth Stocks hall lieu wra despite concerns what the Federal Reserve may do, and thats something that weighs on the market every single day, the dow leaked out a 46point gain. S p advanced, as analysis dabbled climbed to an alltime high. The reasons . I think its the endless merger activity. These two groups keep the market from rolling over. Even when you expect after a weak employment number friday . A ton of pes millennium . Or negative numbers this morning . Youve got to admit the negative case does have some merit. But lets consider todays action. Lets start with the blockbuster, that the giant company could snap up monsanto. Listen to me, the idea that you can own a stock like monsanto when it could be on the verge of getting a 127. 50 bid, i find it remarkable. Frankly monsanto hasnt been doing all that well. Prices for all sorts of Agricultural Commodit
From the close of trade on this monday after a snowy weekend here in new york. I want to bring in remy innocency of, who has the latest. Take a look at where we do stand right now. He s p 500, 1891 right now the dow is down just at the 100 point mark. This had been as low as 120 points and we are headed back in that direction. The nasdaq right now contract for its worst monthly fall since 2008. The big reason, of course, is with oil. Lets go into my bloomberg terminal. I want to show you something really interesting. This is the movement with oil, as well as the s p intraday, just today. The yellow line here, you can see, is the price of oil. You can see that basically for the most part they are moving in tandem. When oil rises, so does the s p. You can see that this is where we are right now. The 3 00 p. M. Market session lows, barely ticking higher right now. Thats just intraday. Lets take a look at whats happening year to date. Right now you can see basically that it is fairly simil
Ago that if donald trump were to pick up iowa and New Hampshire, it might be unstoppable, that it would be Donald Trumps nomination for him to lose. Real clear politics on the sudden sense of urgency at camp cruz. What do you make of this . I do think that the race is very much between donald trump and ted cruz. I think ted cruz has to win iowa for two reasons. One, the reason he just described, i think that if trump were to win iowa, that would open the door for him in the other states, given that momentum that he needs heading into New Hampshire, South Carolina and then those southern states. And for cruz in particular, i think it would be a blow to his campaign because his campaign is really tailor made for iowa. He is the natural fit for that state, given its evangelical base, 60 or so of the caucus electorate there are evangelicals and he has spent a lot of time and resources, many resources in that state. So a loss there by cruz would be a blow, and raise questions about, you kno