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But we will be told to proceed with caution and dow closing for the first time in history over 30,000 the question tonight, are we headed yes, thats right, are we heading higher and higher . There are positives. The president ial transition is under way. We have three coronavirus vaccines ready to rock so, is the next 10 move higher and higher or are we headed lower and lower . Well that song, thats a miserable song thats why we chose it. Please dont at me on twitter. In the list of bullish things we talk about, the peaceful transfer of power as being a bullish thing. You would think that would be a given. I find the market took that as a positive today fascinating. I will be the first to say in terms of the Broader Market, i have been dead wrong we have had individuals stocks we have done a good job with Broader Market not so much we are so over it in terms of valuation, eup ....
Results. We begin with a news alert on big tech lets get straight to seema mody with all the details. Attorney generals are reportedly moving forward with an antitrust probe on big tech that according to the wall street journal, we just have here attorney general from mississippi saying continues to be concerned with the aggregation of data in the hands of a few and im always watchful of any monopoly. As attorney generals we need to evaluate and address specific conduct utilizing our existing antitrust and Consumer Protection laws. One way we are doing this is a Multistate Working Group called the Tech Industry working group. Melissa, we know big tech has been under fire, under scrutiny over privacy and regulations this further moves that forward. Our continuation of a trend, i should say based on this repo ....
European equities are trading right now 30 minutes until the end of the tuesday session. Gmm go is your function. Their u. S. Following brothers and sisters with a lower letdown with the utilities the best performing industry group. Lots to tell you about on that the half following strong cpi data. To the we were up highest level since december 2. Now the biggest decline since february 24th. This is the biggest decline in europe by a long way. Think of for cars shares down by 21 . It fell as much as 42 earlier. This is a swedish maker of biometric id samples. The revenue is set to fall more than 50 in the first quarter. May factors cutting that on orders. The company also withdrawing a proposal to pay its firstever dividend to shareholders and say can no longer give any guidance for 2017. Shares getting absolutely hammered today. Big data in you tak the u. K. Toh acceleration more than forecast. Target it to the for the first time in more than three years, the fastest rate since septem ....
Why . Consider it overvalued. They may have the overvalued stocks that people cant live without. And, third, there are the stocks that actually represent living, breathing companies, not companies hostage to the overall gloom. They all combine. On todays like today, the bulls went out. Nasdaq climbing 1 . Lets start with the living breathing companies because thats all people were talking about today, namely the merger between at t and time warner. I right now i want to raise a larger point. The terrific ceo of time warner has been arguing with wall street for years claiming his company is worth substantially more than what its stock was selling for. While the stocks been a good one, i thought time warner traded at discount to what it was worth. The antinetwork bias has to do with time shifted programming and the endless talk about cord cutting. The Younger Generation just doesnt watch tv the way the older one does, and with a ....
Breathing companies, not companies hostage to the overall gloom or the feds onagain, offagain pronouncements. They all combine, and on days like today, the bulls went out. Dow gaining 77 points. S p advancing 0. 47 . Nasdaq climbing 1 . Lets start with the living, breathing companies because thats all people were talking about today, namely the merger between at t and time warner. Ive talked about this deal in more detail, and ill do it again later in the show. But right now, i want to raise a larger point. Jeff bewkes, the terrific, some would say Great American ceo of with wall street for years, claiming his company is worth substantially more than what its stock was selling for. While the stocks been a good one, candidly i thought time warner traded at discount to what it was worth because wall street has such a bias against networks, tv networks, and, yes, movies. The antinetwork bias has to do with timeshifted programming and ....