Gains of the day two weeks ago the dow hit 25,000 for the first time now lets get to bob pisani on the floor. I want to point out the dow is price weighted, the biggest prigs stocks te price stocks tend to move the index. Let me show you the five dow stocks that contributed most this is a 1,000 point gain from 25,000 to 26,000 boeing is 34 of the gain. One stock is a third of the gain caterpillar, united health, home depot, 3m. Eight of the highest priced stocks in the dow. Put it together, 60 of the dows gains from 25 to 26 were five companies five out of 30 companies here. What is more interesting is the days to the rally are getting small eastern smaller. Each 1,000 point increment is getting small eastern smaller. Look, it took 109 to go from 21 to 22,000. After that, 53 dpays to go to te next 1,000, 23 days, 7 days. You get the point. This is more than just easier to hit the target this is definitely an acceleration it is euphoria, some people say it is. But its an acceleration th
When electronic markets come in and the algos kick in there is no way the average person on the trade or ameritrade thats putting their orders and can hit that button and make a decision fast enough to curtail their losses and training is very simple its all about critelli your losses and riding your winners and that makes it very difficult you know when markets go down they go down fast when they go up they can go up fast too so its a double edged sword David Greenberg founder dreamer a catheter executive Committee Member of the New York Mercantile Exchange in the path thank you for joining us david. Thank you good to see you. And more energy when we return but as we go to break markets continue their curious correction the dow when just Dow Jones Industrial average dropped by one thousand one hundred Seventy Eight points today thats following fridays six hundred sixty point one we saw the largest intraday dow drop in history in history keep in mind that the dow was up in january year
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Go to toronto to alex mann who will bitch and get more not just canada but on mexico which. An interesting assignment canada and mexico a thing you didnt know before i was also a Real Estate Agent at one point i got my license when i was eighteen so this is a very interesting topic for me Canada Canada when you look at its a huge country and because of that were talking with the demographics when you break it down the types of homes that people live in fifty four percent of homes are actually detached home so thats about what manila was talking about as people in the burbs etc and im going to be a little bit of a breakdown of the what it really looks like though the whole sort of demographics of the country saw as about fifty three percent i should say single detached homes thats a big drop actually feel that theres been a decline in the past thirty years just a couple years ago back in two thousand and eleven was about fifty five percent apartment buildings were to about four stories