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Three indices wiped out five weeks of garins. Energy sectors down about 26 from its june high this year, and brian what do you think is the worst wormer in the dow this year so far . Chevron. Absolutely. Down 18 . I know that because of the graphic that says chevron is on our television channel. Not much of a mystery. Market reporters in place. Right to Jackie Deangelis, live in the oil pits. What is happening with crude . Reporter seeing steep losses, not as bad as earlier in the session. Down about 1. 87. Session low today, 57. 34. Next level to watch is 56. 12. Havent seen it since may of 2...

Economy. In china maybe 80 , 100 the size of the american economy, the question is whether they are going to grow 9 , 5 . That is a much bigger question with more consequence to growth in the world, incremental gdp in the world. To make this clear, any time somebody is growing in the world, its good for everybody in the world. Obviously, its great in the country which growth is occurring. That incremental growth results in incremental demand which will draw support exports by other players, as well. Companies are sitting on a lot of cash. What are they doing . They are pursuing buybacks. How a...

Stock market got clocked at the opening because of weakness in japan. Its always somewhere there. We got a second straight drop in growth for a quarter and thats enough to trigger an official designation of a country in recession. Thats right, even after the japanese government pulled out all the stops, hasnt seemed to matter. Growth too hard to come by. By mid morning a wave of buying came in to take advantage of the decline. The dow closed up 13 points, the s p advanced. 07 but the nasdaq declin declined. I get the weakness. The ripple effects from japan or china, wherever else its come from...

Here. That ipo pricing at 14 last night. But right now you cannot get it for that price because you can see there its up to almost 24 bucks on the session. A huge move day one for the Cloud Company despite vocal skeptics. Theyre questioning their profitability. This feels like the debates we were having back in the 90s during the dotcom boom. Im not saying thats the case here, but off booming ipo with people wonder wrg is the money right now. Another bombshell from the president s tax plan. President obama wants to challenge College Change i should say College Savings plans known as 529s so th...

One part of building real wealth. There are some people, call them the 1 if you will, who can make enough money from their ordinary day to day income to become truly rich. What a great thing. But for vast majority of americans, that paycheck is not enough. You need to augment it, work with it. If you keep watching, im going to tell you how to do that, not just for the next year or two years but for the rest of your life. Now, usually i come here and tell you what i think of the market, what themes i think are best, stocks that best fit those themes but the truth is before you start investing i...