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We dont we use this to refresh and get some new investing ideas. We have bill nye joining us in a bit. Hell tell us why he sold out of apple and what he is buying with the money has made and hes made a lot of money on apple and a few other stocks your Investment Committee today is jim executive equity strategist. You have stephen wiess the dow trying to build on its four day win streak. Were down 122 points but you know math, as the numbers go up, the percentages go down. The nasdaq is something that we have got to talk about here. The nasdaq is down the nasdaq has opinion leading us higher. Maybe it will lead us lower. Why do you think the technology has been, i dont want to say weak lately, but looks a little wobbly thank you for that and for recognizing that i was wearing a trash bag this morning its always a good idea to have some protection, bryan that was protection from the rain here in chicago now its sunny outside t ....
Points are we seeing signs of a top well break down head winds. We have a 6 billion chip acquisition to tell you about this morning and what it means for other potential deals as well. And retailers gearing up for black friday but walmart gets slapped with a downgrade over at goldman today. We have the latest on the Retail Sector as we begin an abbreviated trading week due to the thanksgiving holiday, the dow and s p east in the midst of a twoweek losing streak na nasdaq coming off the Third Session and bit coin surges past the 8,000 mark over the weekend. I think the high 8101. 91 theres discussion whether or not it can hit 10k. I was thinking about zimbabwe, whoever has money may want to go to bitcoin. A chinese crackdown, they go to bitcoin. Venezuela, natural bitcoin because its defaulting on everything when you see defaults and people realize currency may be devalued, bit ....
Anybody on board why bother having the meetings at this point . Its a great place. I dont think they want to pay for the hotel room at this point. Our colleagues caught up with a member of the saudi royal family earlier today. Well bring you that in a few minutes. First lets talk about the goldman call on crude. The firm is cutting its forecasts. Its one month view is 38 barrel. Thats a significant decline and thats a fairly short time measure. Theyre saying 38 within the next month. A decline of 7 off the 45 its sitting at right now. The 12 month target is down to 45 barrel but goldman says the risk is that oil could fall as low as 20 barrel. They say that risk is rising. Among the reasons, a big sur plus of oil with the scarcity of storage space. In fairness its a differ guy. That was the super spike. All right. Equals, 300. No, wait a minute. All right. No, thats the wrong okay. 20 we think its going to 20. It was a different guy. But wasnt it 2007 right before i dont know. It was l ....
Street rethinking their expectations for the Big Government employment report out on friday. Businesses added just 189,000 jobs in march, says adp. Thats the first month of gains below 200,000 in more than a year and it was far short of the 225,000 that economists were looking for. And it wasnt just adps report that disappointed today. Manufacturing activity slowed for the fifth month in a row and Construction Spending slipped as well. And all of that weighed on stocks. The Dow Jones Industrial average fell 78 points to 17,698. Nasdaq dropped 20 and the s p 500 gave up 8 points. Todays reports add to a string of recent economic misses but will there be better days ahead . Our Steve Liesman has the answer. Reporter investors riding the market bull these d ....
Matt i did not think about the kind of food. Olivia it got down to the final day without being late. Are you surprised . Matt i am surprised. Good job, 3g. Jello a deal but together by Warren Buffett and 3g. A merger between kraft foods and heinz, creating the thirdlargest food and Beverage Company in north america. Two years ago buffett and 3g acquired heinz. Kraft shareholders will get 49 of the stock plus a special dividend. The craft chairman talked about the advantages. This combination will generate substantial synergies which we currently expect to be about 1. 5 billion, as well as many revenue expansion opportunities domestically and abroad. Matt the heinz chairman talking about synergies. Shares of craft soaring as much as 35 . The company is getting bought. Two americans on the german plane that crashed in the1 french alps5. Germanwings says most of the 150 on boa ....