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because of chinese weakness overnight. of course, the chinese stock market was up. or maybe european worries. or because a couple of banks and tech companies reported numbers that looked disappointing. i'm not buying that rap. not at all. truth is we shed some points today because we rallied huge the last two days, biggest two-day rally of the year, and in a healthy market, one that's reliable and bankable, you just don't go up in a straight line. now, i know today's action was unsettling for many. but i remain committed to the notion that the global economy were a game of poker, sim...

overnight. of course, the chinese stock market was up. or maybe european worries. or because a couple of banks and tech companies reported numbers that looked disappointing. i'm not buying that rap. not at all. truth is we shed some points today because we rallied huge the last two days, biggest two-day rally of the year, and in a healthy market, one that's reliable and bankable, you just don't go up in a straight line. now, i know today's action was unsettling for many. but i remain committed to the notion that the global economy were a game of poker, simple five card stud, then rig...

to say this market plummeted because of chinese weakness overnight. of course, the chinese stock market was up. or maybe european worries. or because a couple of banks and tech companies reported numbers that looked disappointing. i'm not buying that rap. not at all. truth is we shed some points today because we rallied huge the last two days, biggest two-day rally of the year, and in a healthy market, one that's reliable and bankable, you just don't go up in a straight line. now, i know today's action was unsettling for many. but i remain committed to the notion that the global econ...

when the averages meander back and forth, like they did today. s&p rising .62%, despite a spike in oil to a four-year high. so what's so different about 2012? a lot of people puzzle over it but i think i've solved the conundrum. i think i have. in 2012 it's our reaction to individual stock news, the way we view and trade that news. that's the defining trade of this year. that's what's going on in the market. when we get good news, stocks go much higher. again, seems obvious, right? think about it, did that happen last year? no. we could get good news galore and it would be obscured b...

levels on all the major indices. for that we start with president obama's tax plan. he's expected to propose to cut the tax rate, but with the lower rate would come the we're going to break down which sectors will benefit. christie to buffett says shut up. if the billionaire wants to pay more to the government, he said be my guest, write a check. relief over a bailout disappears. as melissa just told you, and greek stocks the question is what about the credit default swaps? >> disappointing earnings last night. saying don't chase the 24% rally. what does this mean to hewlett packar...