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The retailer sees some booming ecom sales. And of course buffetts big surprise, revealing a secret Minority Stake in one of the markets biggest insurers. S p closes above 5,300 first time and the dow does inch closer to 40,000, jim. You said this morning, overbought, but things can remain overbought for a while. When it gets this overbought, when theres so many different buyers, and we have had this a couple times, bill paul does the great work for the oscillator, you can actually have a sustained churn, flop and chop. It doesnt plummet if youre up at these levels. It kind of just marks time. Now, we did have one of these last year where we came in, the first couple days, nvidia got slammed, the big momentum guys got slammed. Then, they came right back. I know it sounds odd, but you can get to an exalted level like we are now and have some rotation internally, but its not like when were like plus 5, 6, really fast and then boom. I ....
Sixweek high here. And oil below 44. Our road map begins with the markets and a pause in the post election rally. Plus, were going to get numbers from alibaba on its biggest sales day of the year. And well also have a live interview with its president. Skb disney, the stock volatile after earnings and revenue miss, higher right now. Were going to dive into those numbers. First up, one day after the dow hit the new alltime high, the fed also in focus at a banking conference in chile. Fies chairman Stanley Fischer calling the case for a rate hike quite strong saying the fed is, quote, reasonably close to achieving its employment and inflation goals. No real direct comment, jim, on the election per se, but nudging further along the argument hes made for a long time. Given the run in the j. P. Morgan and bank of america stocks, thank heavens he said that. I mean, this thing a lot of this rally involves again today with the treasuries ....
Kroger would sell 1/3 of Albertsons' ID stores after merger idahostatesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idahostatesman.com Daily Mail and Mail on Sunday newspapers.
Kroger Co. said it’s committed to hunkering down for a long legal battle if U.S. regulators attempt to block its $24.6 billion acquisition of Albertsons Cos. ....
The mega merger between the No. 1 and No. 2 standalone grocers in the United States will create a colossus with nearly 5,000 stores in 48 states, employing a total of 710,000 workers. ....