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Galaxy note 7 phone amid all those reports. This is samsungs worstever recall and could cost the company as much as 17 billion. Not coincidentally, apple shares rallying, relatively speaking, top gainer on the dow. John, we sort of set this up in the last hour. Now were starting to put this in context of giant recalls and corporate crises in history. Its difficult to gauge. Smart phone is this unprecedented consumer product, and millions of units, highly profitable. Only a couple of companies in the industry have been able to consistently make profits at it. Apple and samsung. Now youve got sa...

Pullback, joe, in what were seeing with the equity market. In a cases biggest decline in a month. We led in with carl saying that all three of the major averages have not closed down 1 . Yep. In a while. Now were threatening to do that today. Zoo fully and fairly valued. Weve said thats where the market is. The right thing to be doing right now is to look at petes world, look at options right now. Theyre incredibly cheap. Put the protection on. I might have bought some russell index puts because i do believe when you look at the marketplace right now, we forget the narrative of the political c...

27 states and one in particular, the uks David Cameron final remarks including from Angela Merkel that its important to only begin talks once meanwhile, president hollande Martin Schultz summed things up. I think we should not wait until the conservative property. But i understood they want to move forward to september, and i underunderstood the conclusions yesterday in berlin, september could be a trigger. Reporter so all 28 leaders are in a working session at the moments. We heard there from martin schulz, they dont expect negotiations until a new Prime Minister is in place. The working sess...

Committed to it, simon. Stability is the first thing that you need, after you lose the bullish momentum you have carried in the marketplace since february, markets dont go straight, bullish to bearish in terms of trends. First thing you want is stability. So hang on. Isnt there a Short Covering element, when youve made so much on the shorts before you get to oh, i dont know necessarily that this was a market that can be described as short, just three days ago. A market that actually was very long and youre seeing positions being neutralized. So i dont know that thats the case. As i said, i thi...