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Money. All this talk of bubbles and corrections. Look at the big board. The dow hit an alltime intraday high earlier. It was above 16,600, snapped a little down 12. The s p 500, that hit a new high, 18. 93 earlier, slipped a little, 18. 89 right now. But you have got to say stocks are doing well. There is a lot of naysayers out there pouring cold water on this rally. Some are warming of a crash like 1987. Look at this chart working its way around internet getting a lot of views and usa today, it is in there this morning comparing the current rally with 1987 right before the crash. Charles payne and sandra smith are here, our voices of reason. What do you say . Sandra be careful about making any decisions based solely on looking at this chart. I say that because what is happening in the markets now is different from what was happening in 1987 in the years that led up to the crash. We have an unprecedented level of involvement from the federal reserve, arguably prop it up stock prices wh ....
We are seeing the jump. Earlier today it was up over 20 . 22 . The anticipation here that the markets are somewhat unsettled. Adam sandra smith has the latest on the developing story in todays trade. Sandra maybe gold will go higher this year. I want to bring to your attention, gold. Right around the unchanged mark. It was seen as a major resistance level. Nonetheless, higher for the day. Bringing up a weekly chart, higher for the week. The fifth straight day for game for gold prices. This is the story we are looking at so far. Contrast to what we saw last year. It has been seeing the biggest amount of daily inflows in weeks. In some cases, months. A lot of attention. Maybe a turnaround for the gld as well. Back to you. Adam sandra smith, thank you very much. Lori argentina surprising. The fed will print fewer dollars, which in reaction, has a basket of foreign currencies weakening against the greenback. Welcome back to the show, hank. Well, look, we have more uncertainty right now tha ....