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People were discussing today even as the dow climbed. The s p jumped 4. 9 . We rallied today because people interpreted the horrendous terrorist event in paris as something that will slow the worlds growth further, costing the feds not to raise rate this is year. The hope that the feds on hold turn the market down big. The futures were off last night. Having a huge day despite the tragedy in europe. The pajama traders got it wrong. Todays action was a relief rally that perhaps the fed sees what we see. The big roll over happening in manufacturing, industrial and retail portions of the economy. Lets start with basic industry. Steel, metal. Have you seen u. S. Steel lately . Down 63 for the year. 63. With one of the biggest markets being shut out by low oil prices and with the chinese endlessly dumping steel around the world. Companies underneath him will have a hard time making it. There is an oil and gas Company Ak Steel holding ....
Retail portions of the economy. Lets start with basic industry. Steel, metal. Have you seen u. S. Steel lately . Down 63 for the year. 63. With one of the biggest markets being shut out by low oil prices and with the chinese endlessly dumping steel around the world. Companies underneath him will have a hard time making it. There is an oil and gas Company Ak Steel holding down for the year. Copper prices plummeting in oil and gas doing poorly. Stock based on hope that china comes back online and the fed does nothing. Caterpillar is an amazing stock as well as cummings. The stocks are down. The industrial sector is in trouble. Same with joy global down 66 . I can barely bring myself to talk about coal and iron. It was thrilling to hear the hedge funds tighten, einhorn made a stand on con sol energy, a coal company which had the stock up more than 7 today. Thats more than 76 for the year. The iron work company, casablanca, managed ....
The german capital has rolled out the red carpet for the winners in the berlin dome festival this evening. Of the movie good world gathered in downtown berlin to see which of the films in competition would earn the coveted golden bear. Man on the red carpet is scott roxboro. Lets go straight to him. Scott, are you surprised by the winning film . Bit, but thistle , black hole on thin ice one and not the other chinese movie here, no mans land. My personal film, boyhood, by richard linklater, did not take the top prize, although it did win best director. Buddhist hotel by wes anderson did take the grand jury prize. It was obvious early on that this was going to be a big night for chinese cinema. Blackhole won best film on the golden bear. It also took the best actor tries. The third chinese film in competition, blind massage, one for best cinematography. There were three phenomenal chinese movies here that all deservedly got recognition of some sort. And i think it is fitting that berlin ....
The hour. David or patrick. The author of the bestselling book the facebook effect. How critical will these earnings be coming from apple today . Everyone is waiting to see whether apple will come back to where they were a while ago. They still remain the Signature Company of technology. Christmas season they probably did very well is my guest. I have probably contributed the net worth of and i lend nation to the store. Quickly before we get the show started, some of or thumbs down on earnings . Up. Am a big come obviously with it at we look at equities, bonds, the mother these. I want to bring up the screen right now. A very different screen. Particularly over what we have seen in the past number of days. What i want to show you is the gold has really come back. Day or store of the story day is the argentinian currency did nothing. Eight pesos on the opening. Entire relief across the market today. Given what has been going on ....