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Lee. Good to see both of you guys. Dow is up 170 with a pretty good rally all morning long as you can see as we had good auto sales and dovish come mens from dudly as well. The director of the fbi and apple senior vp will testify on capitol hill. Comes as a new york judge side with apple in a similar case involving that locked iphone. It could effect the government arguing about unlocking the iphone used in San Bernardino. What a turn of events it was last night as we looked at what this judge said specifically. Specifically about compelling a company to create something that they dont already have in order to assist the government. Seemed like some legal things are turning in apples direction. I read the prepared statement that well get when he gets in front of Congress Later today. To me its the clearest articulation of apples argument here but it still seems to me that the ....
Strategist. Oil moving higher within the last half an hour or so on a report that saudi arabia could be looking at a big loan. Raises questions about the state of the oil markets most important player and whether crude really found a bottom. That debate begins now. Whats the case here. Have we found a bottom . Yeah. Thats a question that you can maybe say if we have you think the market is going to move higher or are we going to go right back down. 26 level i would say if thats not the bottom we have come very very close to what i would perceive to be the bottom. Can we get above this range . Its very much the volatility index and the ovx. Can they break through various ranges . We finally broke below the levels and after the huge run yesterday why dont we have more of a pull back today . Were not seeing it because people are looking back toward 35. Pushing toward 35. That makes it very very interesting a and loi otolaryngology folks will get more bullish because of it. Is now the time ....
Time since 2012. Maybe stocks are slowing because of the hunt for yield, the tenyear treasury note below 2. 6 . Whats that sound . It is realtors dancing as Mortgage Rates are likely to fall back again. Europe as you can see with the exception of what looks to be switzerland or lichtenstein is down. Our road map begins with apple and one very large acquisition. Talks to buy beats headphones, dont forget the streaming service for 3. 2 billion and create the first hiphop billionaire, we will address some skepticism from the street. And getting divorced before they got married. Publicist and omnicon calling off their merger. Ugly breakup in the ad industry. Somebody call john ham. Ralph lauren and the gap out with results. Ralph lauren beat, warning about shrinking margins. Ralph waging its Global Expansion at the begin of margins. Were calling it straight out of cupertino. Ap ....