Market is rallying while you were gone the market did nothing but correct. Its good to have you back i think its getting close in particular for technology semiconductors, obviously, with nvidia with the analyst note is getting a strong bounceback recovery ive heard from so many people that, yes, in fact, the rally can continue without the participation of mega caps and technologies unfortunately, statistically, thats not actually whats unfolded when you see names like microsoft down 5 monthtodate, appledown 7 monthtodate and semiconductors down just as much its good to have the return once again of semiconductors today. I certainly would not be selling expecting a more significant correction is there prudence in waiting what the earnings will be for nvidia i think so you have a position, you what its to hear whats going on weve done a lot of damage the last point on all of that is just think about where price was when you left relative to the 200day moving average price was 10. 9 abov
Evacuate power lunch starts right now for everybody in Southern California, its been a tough couple of days thinking of you guys the jobs data getting a bump to the bottom line. The nasdaq the bigger winner crude oil had been up 2 before it pulled back the rig counts, by the way, are out any minute now health care related. Alexon and celgene and mylan up as well. Another hot stock today, Sage Therapeutics this is on top of yesterdays 70 gain and the ceo will join us in just a couple of moments and steve, no shortage of stuff to talk about today. No. Very excited, brian. Especially with the jobs report. Lets get to it. Its getting to be routine economists say it should slow because of the population growth, theyre right about that part but the job market keeps surprising to the upside nonfarm payrolls up against an estimate of 195,000. October, september revisions not up much. Hourly average wages up just 0. 2 . And the Participation Rate also at 62. 7 Goldman Sachs saying despite the s
Command post set up, the s. W. A. T. Team is out here and multiple agencies are represented. Manufacture the officers are start trying to stay cool while other detectives and officers are dog a block by block search looking for one possibly two suspects. Right now theyre primarily focusing on one suspect. Sky 7 had hd was overhead right after those first shots were fired it happened behind an auto zoe around the corner from where were standing right now. The officer was trying to make a traffic stop and then all of a sudden the suspect tried to back up had his vehicle into the officer. Shots were fired its still unclear exactly what happened whether the officer was hit or whether the suspect was hit. Thats still under investigation. We talked to the Public Information officer for Fremont Police, and she tells us why there is that confusion at this point. Definitely sustained injuries were not going to confirm what if it was a gunshot, but we believe that the vehicle backed into the off
Could take us higher. What else is new . You could tell by the way its news from overseas that drives thing. If you go to bed at 11 00 p. M. When the futures arent doing much at all and you wake up at 3 00 a. M. And theyre flying, thats a sign that somewhere some place we got some good news at last. You can tweet me if you keep this schedule as i do and ill retweet you for certain. We got two pieces of good news from the same unlikely place china. First we learned that the chinese economy is worse than expected wait a minute. Manufacturing the lowest level in seven years which is the last time that the chinese got serious about taking a great leap forward with their economy. Now they meet saturday and with the weak numbers as the stars are aligned for the biggest stimulus package yet, the year of the monkey, i think theyll put more money to work than people think. China can turn, its done its who know, maybe we will get some meaningful stimulus. At the very least the lousy chinese manu
Much at all and you wake up at 3 00 a. M. And theyre flying, thats a sign that somewhere some place we got some good news at last. You can tweet me if you keep this schedule as i do and ill retweet you for certain. We got two pieces of good news from the same unlikely place china. First we learned that the chinese economy is worse than expected wait a minute. Manufacturing the lowest level in seven years which is the last time that the chinese got serious about taking a great leap forward with their economy. Now they meet saturday and with the weak numbers as the stars are aligned for the biggest stimulus package yet, the year of the monkey, i think theyll put more money to work than people think. China can turn, its done its before. Who know, maybe we will get some at the very least the lousy chinese manufacturing numbers sure turned the stock market around over there which went from black, and as the session proceeded. Far more important, we have a shockingly dovish speech from bill