comparemela.com

19 year old in the heart bleed Cyber Security breach case. The new York Attorney general has subpoenaed a number of High Frequency trading firms. And, the stock market makes big gains as traders prepare for a long holiday weekend. The dow had a triple digit run, the nasdaq up 52 and the s p 19 gold up 2 and oil 20 cents. Plenty of traders and investors out there are asking which way do we go . Were turning to todd horwitz of average joe options for the answer to that. Are you perplexed by this market . And is this just a matter of a lot of machines out there hitting these Technical Levels and then buying and selling . Good morning and whats up. I think part of it has to do with the machines but we did hit the 200 Day Moving Average in the nasdaq and in the russell which caused a natural rally. I think the markets are trading in a range and as we see over the last few days until yesterdays rally we had actually taken out the lower range for a while which was 1840. Now the market looks like its probably 1820 1860 in the s p. What do you think about the momo stocks . Names like facebook, amazon, and netflix. A lot of momentum to the upside and a lot of momentum to the downside. I think youre seeing stocks like netflix and tesla their true colors which are just getting slammed. Basically tesla and netflix are in their own bear markets right now. I think facebook is a little bit different. Facebook took its beatdown when it first had its ipo and it actually has some real value and i think if they can think of a way to monetize it, it could be a very valuable Company Versus not always fighting for content like netflix is. This is a holiday trading day in a sense because tomorrow there will be no Market Action because of good friday. How are you treating the long weekend . You saw yesterday was very quiet. I think today will be extremely quiet. You have one quirk here which is options expiration. There will be a lot of traders on the road already ready to go except well probably have a lot of volatility going into expiration today. Thank you. Have a good weekend. Thank you so much. Even though its a short holiday trading week. Its a busy one for ipos. Today6 companies are expected to let loose with stock on the market. The biggest of the bunch travel tech Company Sabre with a market value of 4. 9 billion dollars. The Ticker Symbol sabr. Sportsmans warehouse holdings, an outdoors retailer debuts today under ticker sowh. A couple of biotechs quotient under qtnt and vital therapiesvtl. From the real estate sector in china Leju Holdings leju. Also, weibo. The twitter of china will trade under wb. Traders and investors are eager for the debut of blockbuster ipo alibaba. Chuck coppola steps in now with more on the ipo market monster. Angie, its being called bigger than facebook. Anticipation is huge as rumours swirl that chinese ecommerce site alibaba is prepping for an ipo in the u. S. The company has more sales than amazon and ebay combined, and has a 15 billion dollar valuation. That could rise to as much as 150 billion dollars after the ipo. Analysts are speculating the stock will debut this summer. Josef schuster of Ipox Schuster expects it to debut this november. It could be really exciting for the us Capital Markets to have a primary listing like alibaba which is really a key name in the ecommerce space alibaba is not commenting on the buildup of rumours. Yahoo holds a 24 stake in alibaba, and its stock is on the go. Shares jumped 6 yesterday. The u. S. Economy still needs little help from the fed. Thats one of the points that came from Federal Reserve chairman janet yellen who spoke yesterday at the Economic Club of new york. Yellen says the feds policies must respond to significant unexpected twist and turns in the economy. The u. S. Is still far from maximum employment. And, the feds forecast for moderate growth remains about the same despite the tough winter. The fed chair also believes the strongest economy in a decade is within reach for us. By 2016. The yield curve in the treasury market moved to its flattest level since 2009 following yellens comments. In russia the countrys economy is feeling the heat amid mounting political pressures. The economic minister there estimates in the first quarter, the economy only expanded eight tenths of a percent, far below the countrys original hopes of 2. 5 . The minister cites the conflict with ukraine and serious capital flight as reasons. The Associated Press reports investors yanked 70 billion dollars from the country in the first three months of the year. Russian president Vladmir Putin says the escalating clashes have ukraine on the brink of civil war. Its a big week for big banks. Today brings earlymorning earnings from Goldman Sachs and morgan stanley. On wednesday bank of america reported a loss. The bank blamed slowing revenue and mounting legal costs. Recently b of a also agreed to 584 million settlement over mortgagebacked securities. B of a shares fell 2 percent to 16 dollars yesterday. Bitcoins mt gox may soon close its virtual doors. Mt gox asked a tokyo court for permission to liquidate after its plan for revival was rejected. The exchange filed for bankruptcy protection in february, saying it may have lost about 850 thousand bitcoins worth around 454 million due to hacking. Later it found 200 thousand of the lost bitcoins. Ceo Mark Karpeles is also likely to be investigated for his role in the collapse. General motors moves to soften the blow of recall lawsuits. The automaker has asked a Bankruptcy Court to bar plantiffs from proceeding with recall lawsuits that were filed before gm went bankrupt in 2009. Faulty ignition switches have been at the center of the recall of 2. 6 million vehicles, linked to 13 deaths. Gm wants the claims to be frozen until Bankruptcy Court rules whether those lawsuits should be combined with new and old suits. Joes crab shack is drowning in accusations about its fat content. A Watchdog Group says the chains use of a partially hydrogenated margine butter mix are pumping some dishes full of harmful fats. The center for science in the Public Interest says eat joes at your own risk citing joes pastalaya, which has 14 grams of trans fat, and 24 grams of saturated fat. Weve known for years that trans fat is a promoter of and many restaurant chains, in fact most of the major ones have eliminated trans fat. Joes crab shack did not return our request for comment. Cspi is on a mission to reduce trans fats from the american diet. The food and Drug Administration says doing so could prevent 20 thousand heart attacks and 7 thousand deaths a year. Starbucks is in a tax grind. Following public backlash that included accusations of tax dodging. Starbucks is moving its european headquarter to london from amersterdam. The uk accounts for more than half of starbucks 2,000 locations and is one of the coffee chains Fastest Growing markets. Basing its European Business in london means the company will pay more taxes to the uk. In todays cover story, one of the more welcome signs of spring is an improving jobs picture for College Seniors graduating in the next couple of months. Outplacement firm Challenger Gray and christmas found 64 percent of companies surveyed plan to recruit from the pool of graduates entering the job market this spring. It seems companies have deferred entry level hiring long enough. Smart Companies Know that need to keep bringing in younger people. If they dont, itll leave a gap. And starting salaries are going up. The national associationof colleges and employers says pay for this years graduates will start onepointtwopercent higher than a year ago. The biggest jumpin Health Sciences where salaries are up 3. 7 . I think its getting better, for me, anyway. I think grabbing kids now gives employers people with technical savvy, which is the world we live in, now. Top skills employers are looking fortechnical abilities related to the job, teamwork and applicants abilities to process and analyze information. Dont wait. Start now. If you wait until may when the whole herd is out lookinmg, youll bump into more people. Challenger suggests, networking with friends, their siblings and parents. Recent graduates agree. Word of mouth is good. My professors would hear of something before a job Opening Event went online. If you just sit on the internet and send out a thousand resumes, itll be a slow boat. And dont forget internships. According to the survey, about one in four people hired, got their foot in the door through an internship, usually in their sophomore or junior years. Thanks for that update chuck. The woman who was in charge of the botched roll out of the Governments Health Care Exchange website is reportedly setting her sights on a new job in the senate. The New York Times reports Kathleen Sebelius is getting advances from democrats to run against gop senator pat roberts in kansas. Sebelious is a former governor of kansas. She resigned last week from her post as health and Human Services secretary. Kodaks former ceo doubled his pay in 2013 the year the company exited bankruptcy. Antonio perez made nearly 7 million that year twice what he made in 2012, when kodak filed for chapter 11 protection. In 2013 his base salary was roughly a Million Dollars, plus three million in a cash bonus and more than two Million Dollars worth of stock. Perez was replaced by jeff clarke last month. Show stopping cars are pulling into the new york auto show. Among this years hot models the 2015 Ford Focuswhich boasts upgrades under the hood that include a sixspeed stick shift and three cylinders that shut off completely at stop lights to save fuel. And chrysler fiat is relaunching its plush 2015 dodge charger. Still to come will investors in google be left with a splitting headache. Plus. The Box Office Gets a spiritual touch ahead of easter. And. Financial panic attack. How to avoid the 50s freakout about your money thats after this break its around the age of 50 that fear of runnning out of money during retirement takes hold. Joining us on set this morning is carrie schwabpomerantz author of Charles Schwab guide to finances after 50. Shes here to help us chase those fears away. Good morning to you. So happy to have you here. Thank you angie. What are some big misconceptions about retirement and being prepared . I think one of them is a lot of people think they need to take out Social Security as soon as they are eligible. But theyre leaving money on the table. The longer you wait to your full retirement age or even until youre 70 you could have as much as 76 more in a benefit. What if somebody has not prepared adequately . Whats your advice . Dont give up. If anything just take a look at your expenditures. Be really honest with yourself. Where can you cut back . And make savings non negotiable. For someone who is at that retirement stage and they need to start drawing down on their money. This is a big issue for a lot of people. What should they do . First of all, you definitely want to have at least 20 of your assets in a diversified portfolio of stocks. You need that growth. Keep in mind that you can take out some of your principle and the rule of thumb is 4 . Dont be afraid of just going beyond the interest and go into your principle. Exactly. Thats a big issue for a lot of people right now. Interest rates are so low. So if you have money parked in a cd or mutual fund, you might be getting just 0. 5 for instance. What should people do . Is there any way that they can be a little more aggressive with that money . We always tell people in retirement that you need to have at least 20 of your portfolio in stock. If youre 50 you should have even more. And thats where youre going to get the growth. If youre in bonds or cds, you have a risk of inflation and losing purchasing power. So its really important to be in stocks in a relatively significant amount. As a member of the schwab family, did you grow up around what to do with your money . Were you always money wise . My father was actually a struggling businessman until my 20s so i was taught the importance of saving. Ive always saves since i was a little girl and also have a strong work ethic. Those are the same values im trying to teach my own kids. Thank you for coming on the show today. It was a pleasure. Thank you angie. Coming up. In chart talk. Is google having growing pains . Plus. Why 4 is the new magic number in hollywood. Thats next in movies and money. Affleck, and many actors have played the part of u. S. Servicemen in the movies, but for veterans like james crosby their service and their sacrifice are real. And too often when they come home, their struggle continues. For over sixty years, paralyzed veterans of america has been fighting to help our injured veterans get the benefits they need, and have earned. Paralyzed veterans of america was there for me when i came home. Join me in supporting our paralyzed veterans. Visit pva dot org. Timing might be everything for a heavenly new film set to open at the box office this weekend. Our movie guy is here. Its a holy week with easter and passover. Enter yet another film based on religion. Weve seen a lot of these over the past couple of yearsthese faith based films that have come out and flown under the radar. Theyre not really screened for critics. A lot of them are independently produced. This one that were talking about this weekendheaven is for realis actually produced by a major studio, sony tri star and its actually getting a wide berth. It will be interesting to see if the film does challenge the number 1 spot, which i believe it possibly can especially with the easter weekend. Also coming out this weekend along with heaven is for realand im hearing that is a true story, transcendence, Haunted House 2, and bears. Haunted house not screened for critics, transcendence a very stiff, uninvolving scifi film with johnny depp. Okay moving on to what happened in the Box Office Last weekend. A number 1 thriller herecaptain america once again stealing the show, followed by rio 2, oculus, draft day, and noahthe other faith based film thats out right now. The better one. You love that film. Yes. Its terrific. Theres also some breaking news coming in on divergent recently. What do you think about this . Weve been told that what was once a trilogy will now be 4 movies. The final film is gonna be split into 2. This has been happening now for a couple of years. We saw this with the harry potter films, we saw this with twilight. Its happened with the hunger games. The hobbit was originally 2 movies turned into 3. With divergent i think its a slightly different thing were looking at. A lot of people when they heard the news were like greed has struck again. In hollywood, theyre going to milk this for every dollar they can. But thats the point. They are going to milk this for every dollar that they can because they have to. This seems to be a decision i think more borne out of panic than greed because the first film, divergent which is still currently in theaters, just started its overseas run. Its not doing as well as these other films that weve talked about. Its probably going to get close to breaking even on the first one. A few weeks ago we talked about how lions gate has made this direction into being the new franchise king. Theyre going to play with the big boys in hollywood because of hunger games and now we have this situation where the first film out of the gate is not what they thought it was going to be. So now they have to hedge their bets and they have to make sure this movie will at least make their money back before they can continue to play with the big boys. That sounds risky. It is risky. Its not completely risky. I think the grosses on these films are going to go down. Divergent is so bad that i dont think its a film thats going to win any new fans on home video. Divergent i think is going to lose fans. Even fans of the book i dont think were that excited about the movie. I think youre going to see the grosses on these things go down and splitting the final movie into 2 parts is about all they can probably do to make back the money on this investment. Have a good weekend and thanks for coming on the show. Thank you. Still aheadwhy traders calling a it wrap on google stock after earnings. But is it curtains for investors. Chart talk is next. And many actors have played the part of u. S. Servicemen in the movies, but for veterans like james crosby their service and their sacrifice are real. And too often when they come home, their struggle continues. For over sixty years, paralyzed veterans of america has been fighting to help our injured veterans get the benefits they need, and have earned. Paralyzed veterans of america was there for me when i came home. Join me in supporting our paralyzed veterans. Visit pva dot org. Matt cavanaugh of cmz trading joins us now. Google reported earnings after the close last night. The first earnings since the stock split. Good morning and what do you think about this stock today . Im really curious to see where it all settles and shakes out. They did miss on their earnings a little bit. Their revenue was a little bit lighter than expected. They really punished the stock in the after hours but i imagine that at some point the stock will find its footing and id like to see where that is. There was a buildup into earnings. For instance, yesterday alone the stock rallied 20. Ahead of the earnings situation, this stock has struggled since the split. Why do you think that happened . I think that what youre seeing is really the market struggling as a whole and if you compare google to some of the other stocks its going up against it has actually fared quite well. This stock is still up 40 in the last year if its down 5 after earnings, thats okay. This companys gonna have some growing pains as they struggle ans try to diversify out of their standard internet type businesses. So youre seeing margins compressed a little bit but they really have a lot of things working and they are trying to grow as a company. Do you have a price target on this stock . Ultimately on the upside i dont know that theres anyone who can tell you where it could go. On the downside, i think if it can get down to 500which i dont think is gonna happen in the short termthen thats probably where i would buy some. Thank you for being candid matt. Thank you. Thats it for now. The market will be closed for good friday. But we will be right here with stocks that could be ready to spring. And on monday, its traders unplugged. The guys should be in rare form on a monday morning. Dont miss it. From all of us at First Business thank you for watching announcer the following is a paid program for the clear tv digital antenna, brought to you by tristar products, inc. Hi. Im brian hyder. Let me ask you a question. How much money are you paying your cable or Satellite Company to watch tv right now . 75 bucks a month. Over 80. 73 a month. 90. On todays show, were gonna let you in on a little secret one that cable and Satellite Companies dont want you to know about. You can watch your favorite broadcast Television Shows for free. Thats right, free. All you need is the clear tv hd digital antenna. Clear tv gives you free overtheair access to hundreds

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.