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Extraordinary upside moves we saw this year but now the action is just as extraordinary on the downside as what we saw moving higher since we turned the calendar. This is when we start to dust off the old adages down is quicker typically than the up markets weve had all a rise, we dont have to remind you of that, but the we have to pay the piper and the dow is down by the way, you cant compare the percentage terms down 802 on the dow. Biggest point decline prior to this was 776 during the financial crisis now, back then it was 7 , 8 drop today were talking 3 its rare to see that kind of move w...

That vix up at 25. Weve got our crew standing by Courtney Reagan watching the stock staging a comeback Steve Liesman on how it could hit the gdp. We begin with bob pisani amid new warning signs. It kind of feels like its quiet today, and yet if you look at it on an historical basis, this is a pretty active day. The one to one advancing in decline so were not getting any weird breadth signals here the volume is lower than its been in the last several weeks by historical standards its high but compared to the last two weeks, actually, its pretty quiet. The volatility, the vix is elevated but mov...

Proposal to raise minimum wage to buy a rifle. Will anything actually get done . That is the big question. Were on that story. The mayor of one of call fors cities is defying the federal government warning Illegal Immigrants about upcoming i. C. E. Raids. Has she gone too far . More on that story coming up. First lets get back to the roaring stock market down on floor of New York Stock Exchange where our very own Nicole Petallides standing by. Nicole, once again it seems the market wants to go higher. Thats right. We had a bumpy week. Friday we saw up arrow. That managed to push our numbers in...

Since december. A big day for housing. Well get new home sales in an hour. After an historic day which saw the dow fall minutes into the trading session before closing down 588, futures are serging. Chinas central bank announced its lowering the Bank Reserve Requirements by. 5 . Its the fifth time in nine months theyve done this. The question is what are we going to get out of it . I thought the more important story than the cuts of rates is that maybe theyve stopped the game of trying to prop up individual stocks. The stocks are just not companies that you would theyre buying sock pickup truc...

It is currently below where it is trading now . Well, it is affecting the direction of the market that wanted to point higher. When it relate s s to apple wit sitting at 89. 80, and make the short trade and go against the big Balance Sheet . I am not sure it is something that you want to do, and if you believe it is the right move, you have to hope it is getting to 80 and not going to be buying back the stocks. And on the longer term basis, i believe in apple and the story and the the vision and the ecosystem. The question then becomes is it the moment to buy it, and obviously, given the tape ...