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June 21, 2024
Target of enrollees by 2017 will now take a little bit longer, perhaps years longer than was earlier projected. A stumble here in terms of obamacare enrollment. Thank you very much. Lets begin with alibaba. Lets take a look at the share prices and how it is fairing right now. Alibaba has been very actively traded and has had an intens rally. The e commerce giant up 70 since the listing back in september. The Company Getting ready for one of the biggest days of the year called singles day in chin...
June 21, 2024
World. But today most trading in stocks is done elsewhere by Robot Computers that buy and sell in microseconds, faster than you can blink an eye. And the computers have done so well that some institutional traders have come to believe that the game is rigged. Are humans ever involved in the trading . Humans are not involved in the trading because humans are way too slow. [ticking] there are close to 850,000 of them in the United States, twice the number of atms. The new slot machines, the Main A...
June 21, 2024
Finish off a real nasty week, you notice the dow is now negative for the year. We deserve a break after the last five days. What i regard as a rolling bear market from minerals to industrials, to oil and gas and today, the semiconductors and amazingly, we get it money because its columbus day, were going to get a break. A day where Companies Know better than to say anything other than columbus sailed the ocean blue in 1492. Given the relative proximity to the s p 5001,196 closing level, even tha...
June 21, 2024
Data as adp delivers that strong employment number ahead of tomorrows jobs number. Youll hear from buffet this hour, as well. Bank stocks moving in the premarket. Upgrades, downgrades and Brian Moynihan assumes new duties at bank of america. Showdown approaching in hong kong. Protesters demanding a resignation. Police demanding an end to the demonstration. Elan teases the new d as netflix teases new adam sandler movies. Ecb standing pat on Interest Rates. Mario draghi says bond purchasing progra...
June 21, 2024
That a good or bad idea . Voices on both sides of that issue. We have the latest and you get to chime in on whos right in that battle, as well. You can see on an otherwise up day, all the table stocks are lower. The president in china at a quick summit announcing a visa program thats expanded and on the same day china is the top suspect in a massive hacking attack on the u. S. Postal service affecting more than 800,000 postal workers. Can we have truly normal economic relations with china while ...
June 21, 2024
Becoming the event t watch out for. 10 is where its been a couple of years since we have had an event like this. By now you probably know im scott wapner today in for bill griffith. It was a White Knuckle ride with triple digit moves and norm rather than the exception. Certainly the case. Take a look. Calming down a bit and not at the nasdaq and tech stocks taking tonight chin. Semiconductors, Morgan Brennan joining us now with how things look at a pretty wild week. A wild week for the nasdaq co...
June 21, 2024
The biggest point drop in over a year. The broader index closing at the lowest level in two months. And if youre feeling a little nauseous after this weeks trading, you have good reason. The dow is exhibiting the most volatile period in five months. The blue chip index closing up or down at least 100 points. And 12 out of the last 18 sessions, yeah, its about twothirds of the time. The vicx is spiking. The gauge is up 39 pest over the last month. We know its down 4. 5 for the s p 500. The dow at...
June 21, 2024
Last couple of days. S p futures up about just over 8 points. That jobs report will be indicative of how we made the move to the day. We have Alan Greenspan joining us this morning. First, steve has this mornings other big stories. Thanks, becky. An american cameraman working for nnz news in liberia has tested positive for ebola. He was one of three cameramen working with nbcs chief correspondent dr. Nancy schneiderman. Hes been working in liberia for the past three years. Nbc is sending a chart...
June 21, 2024
Time in two years. Our road map goes like this. The down draft, can it be reversed after the dow suffered the worst day yesterday . A critical u. S. Open and pivotal european close. Costco unveils the allwheel drive and auto pilot. See the new features and reaction. Family dollar missing estimates. And microsoft ceo nadella apologizes on gender and pay. Reactions later on squawk alley. The final day of the week that has seen the dow move more than 200 points. Big duce decline, wednesdays rally, ...
June 21, 2024
Bobby jindel to call for a travel ban from these nations, but not only has the Obama Administration refused, theyre now encouraging more individuals from west africa to come to the United States for training are and sending more americans to africa to help treat the already infected. Who and cdc have not recommended we cut off travel from the countries because it remains essential that the World Community engage in order to help the countries address and contain the Ongoing Health crisis, so som...