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intense correspondence between the men leading up to their face-off. the white house historical association hosted this event to commemorate the dual s 200 anniversary. duel s 200th anniversary. good afternoon, everybody. i appreciate giving a few reflections. secretary dalton, secretary ball, secretary nicholson, members of the white house historical association, and also the white house national council on the white house history, and guests,stinguished including descendents of stephen decatur. i would like to thank all of you and all of us for coming to celebrate the life and the legacy of one of our navies most illustrious commanders and 80 s most navy s most illustrious commanders. his legacy is one of the most enduring legacies we have in our navy. he helped shape the trajectory of every nation early naval forces, and as a result, accelerated influence in world affairs. he commenced his career in the navy in 1798. that was a critically important time for the ....
white house history, and other distinguished guests, including descendents of stephen decatur. on behalf of the united states navy, i would like to thank all of you and all of us for coming to celebrate the life and the legacy of one of our navy s most illustrious commanders, commodore stephen decatur. serving over two centuries ago, his legacy is one of the most enduring legacies we have in our navy. he helped shape the trajectory of our nation s early naval forces, and as a result, accelerated america s influence in world affairs. he commenced his career in the navy in 1798. that was a critically important time for the united states, as trade opportunities expanded, expanded our country s ambition over the horizon. and at the same time, piracy was threatening our commerce and foreign navies continued to patrol our shores. l rapidly growing naval force was in need of a strong, daring, charismatic and competent leader to demonstrate american seapower. and he was the m ....
Last week the dow logged its best week since january. Friday the dow rose 75 points, the nasdaq gained 6, and the s p 5. Gold lost more shine and oil closed around 108 per barrel. Fed taper talkthe market will also be on edge this week as the Federal Reserve meets with comments coming from fed chairman ben bernanke. Ulta glams up wall street. After delivering blow out earnings news. Shares of the Cosmetics Company soared 17 . And rising cocoa butter costs are beginng to sweeten chocolate prices. Especially in china where the candy is in high demand. Scott bauer of trading advantage joins us now from the trading floor. This is a big week for traders especially with the fed meeting coming up. It sure is. What do you think is likely to happen . It looks like the market is really pricing in some reduction some reduction in tarp here. Some reduction probably somewhere between ....
A resolution on the nations budget or the debt limit. People looking for protection bought gold futures which rose 13 dollars. And oil drift down 42 cents as tensions with iran eased following a phone call between president obama and the president of iran. Blackberrys ceo is said to be leaving the company with a golden parachute worth as much as 55 Million Dollars. And ichan and apple. The billion investor recently revealed his fascination with the tech giant. Reports say ichan is meeting with ceo of apple today. Lets get the trading day started with Mark Sebastian of swan wealth advisors. Good morning. Are we in for a messy monday . I think thats absolutely possible. Friday, while the market didnt really move very much, we saw the vix pop. I think were starting to finally see the market react to this government business and it could really drive things through the week. Eve ....
Concerning the shutdown and debt ceiling debate. Then, gun fire erupted in the afternoon. Capitol hill was locked down and a suspect was shot after alledgly ramming her car past a barricade to the white house. The vix edged up 6 as anxiety builds. And in the end stocks gold and oil all closed lower. Its official the twitter ipo is a go the social media sites filing was made public after the close. And Mortgage Rates dropped again. The 30year fixed is 4. 22 the 15 year is 3. 29 . Scott shellady of treon joins us now. Scott, this market has been drifting down but it feels like an orderly sell off. How much lower do we have to go do you think . I dont think much lower and i think this is always gonna be used as a buying opportunity for those that have not gotten in throughout the course of a year. Its been a non participatory rally. I know that theres still some folks on the sidelines that have kept their powder dry for too long so i ....