S p climbing. Nasdaq falling. I think it says there are plenty of people who want in. They just wanted a pullback like yesterday to throw money at the market. You can average in three days and even after yesterdays beat down come out ahead. Even though there are Larger Forces that would normally indicate this is not the time to commit new money. I am kind of in that camp here especially because i was heartened to hear about a Ukraine Russia pact over energy. The real reason why we rallied so hard. I think this market is not what it once was. The rallies dont inspire confidence anymore. Some say it is better to scale out rather than buy into. There are too many unknowns. This hair trigger does you no favors if you are a bull. Best example, the jump bond ignited by departure of bill gross from the firm he founded, pimco. You dont get to be the bond king by being a bum. When i read the headline william h. Gross joins Janus Capital i said that is not bill gross. It is some other gross by t
190 plus countries where buyers are located. There is still no word on what the ticker will be or which exchange is getting the listing. The underwriters include swecre suisse, jpmorgan, deutsche bank, goldman sachs, Morgan Stanley and citigroup. As you heard at the top of the show, the Major Driving force behind the earnings for disney was the blockbuster hit frozen. Studio income quadrupled to 74 million. Bob iger says the company is increasing the presence of the characters at their theme park. Iger by the way will be appearing on squawk on the street later on this morning, 10 00 eastern time. Disney shares marching higher once again. Well speak with an analyst about those results and if disney is a good buy for your money in just a few moments. Are you a frozen family . Huge. Elsa, hans, kristoff. He likes the snowman. Olof. We should get a video of olof. We were at the pa, in february. It is amazing. If you ever went to epcot, the norway thing, they have all these characters there
Into this final hour. We are starting to see some selling intensify here. We have to figure out whats going on here. The s p, to give people a sense of the broad market gauge, thats down by. 25 . The nasdaq is off by. 5 . The typical correlations having been falling into place. A lousy 30year auction today which sent yields skyrocketing. The 10 and 30. But that took its toll early on. We got to figure this out what this selling is about. We are tracking two stocks that are nowhere near their alltime highs. Tesla getting crushed today off almost 11 off earnings that were reported giving investors a reason to hit the brakes on this momentum stock. Stabilizing a little bit today, it is up. 5 . Remember it lost 20 of its market cap yesterday. Someone coming up on the program who says whole foods is still an incredible brand and the stock is a buy right now. Bull and bear time on whole foods coming up. Breakup, breserkshire hathaway. Warren buffett says no way. But it would unlock billions
Liz the top three stories you need to know. The great digout continues in the northeast. Thousands of people are still without power. First energy ceo is talking to us exclusively about the impact of the past weekends massive storm. Red hat is more than just an operating system. You will hear all about it from red hats ceo first on fox business. And competition for your wallet is heating up. A new app for the iphone. We have money grams ceo coming up in a fox business exclusive. Im cheryl casone. It is the last hour of trading. The countdown to the closing bell begins right now. Liz claman is on assignment in cleveland where Goldman Sachs held its first Graduation Ceremony for entrepreneurs. Fascinating stuff. You will hear about it in a few minutes. But first, to these markets, stocks are down, but trading at their best levels overall since november of 2007. The dow down almost 35 points as you can see on your screen. S p losing ground as well, down a fraction. And the nasdaq down mor
A mission and star. And shapely objects italian designer make a living looks back at four decades office success. Well now that winter is really here Winter Sports fans are of course hitting the slopes in that most of the european hotspots its already high season but from a ts maya and. Even even the most difficult slopes dont quite cut it as free riders they prefer to ski on virgin snow far away from the usual well trodden pieced and on their perpetual quest for extreme challenges the two austrians always have their camera with them so they can share their adventures with the world and their latest coup is free riding near the south pole. They spent weeks all my themselves in the harsh terrain of cant arctica free riders my ts how noida and monte has my own hike to one hundred fifty kilometers to this two thousand meter high peak near the south pole no one has ever climbed these mountains before. I love the challenge of trying new things that one would think are impossible to achieve