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Higher. Dow gaining 199 points. S p falling 1. 12 and the nasdaq climbing 0. 73 . Stocks had been going down for five days in the expectation that Interest Rates had to rise, because there would be such a huge burst of hiring. Bond investors had been selling down their holdings, driving rates higher, because they thought growth was too robust. Instead we got a cinderella Payroll Employment number this morning that gave people a reason to stop selling bonds and to start buy, buy, buy stocks, which had been dropping all week. Its a Pretty Amazing thing to watch. The same stocks that have been hammered going into the jobs report spring back to life. The banks, industrials, housingrelated names, the Consumer Product stocks. Its almost as if they were all priced to ....
Dow gaining 199 points. S p falling 1. 12 and the nasdaq climbing. Stocks had been going down. For five days and the expectation that Interest Rates had to rise, because there would be such a huge burst of hiring. Investors had been selling down their holding, they thought growth was too robust. Instead we got a cinderella Payroll Employment number this morning that gave people a reason to stop selling bonds and to start buy, buy, buy stocks, which had been dropping all week. Its a Pretty Amazing thing to watch. The same stocks that have been hammered going into the jobs report spring back to life. The banks, industrials, housingrelated names, the Consumer Product stocks. Almost as if they were all priced to a huge bond selloff which wouldve driven rates up, a ....
The quarter one of the best quarters of this year of this reporting season along with conns. Has had enough time under the belt to get the kinks out. So i think pvh will do well. It was disconcerting that the stock got hit today for 65 cents. Yeah, it was down 65 cents, though, to 130. And thats daunting on a big up day. That does concern me as a former trader that somebody knows something but the details, the clues are all there. Tuesdays more retail. And we know retails been incredibly inconsistent lately. More on that later. If youve been executing well, you can make money here. So i would bet that this First Quarter that we get from Burlington Coat factory as a public company, i think it could be a good one. I like that idea. One of the stocks weve been seemingly behind forever is auto zone, azl, because the average car on the highway is 11 years old. They need to keep th ....
Stockpiling, as well. The tenyear did pick up the 287 off just a touch now. The ecb hold rates steady. Our road map this morning, the market, strong gdp claims data putting pressures ahead and sparking more concerns about potential fed tapering. Apple is in the news for reports ooh a deal to china mobile and carl icahn is revising his call for a Share Buyback. Well look at the winners and losers in retail. Wow. First up, though, the tenyear notarizing on better than expected economic data, revised Third Quarter gdp up 3. 6 while weekly jobless claims fell below 300k. This all happened on the 17th anniversary of Alan Greenspans irrational exuberance speech in 1996. How do we know when irrational exuberance has unduly escalated asset values which then become subject to unexpected and prolonged contractions as they have in j ....
Positively identify the remains a fugitive former l. A. Police officer christopher dorner, Police Questions are being raised about his death. Did police intentionally set his hideout on fire . We will speak with norm stamper and radley balko, author of, rise of the warrior cop the militarization of Americas Police forces. Then we look at a Voting Rights. All do our part to make sure our godgiven rights are protected here at home. That includes one of the most fundamental rights of a democracy, the right to vote. After more than 200,000 florida residents alone gave up in frustration without voting due to long lines on election day, president obama announces a new Bipartisan Commission to fix the nations broken voting system. We will speak with ben jealous. A ....