Just breaking in the last hour, youtube launching a new gaming app. Well bring you the details how this could help google take on amazon. A move to the down side after yesterdays gains. Today we have ron weiner and rick santelli. Welcome to all of you. Kenny, let me begin with you. What are traders saying why we are seeing the dow down 167 points . I dont think anyone is surprised. The move wednesday, that explosive move up from where we had been testing lower came on the back of more rumor about greece. The fact we are getting another, not so much a rumor but news makes perfect sense money would be coming back off the table as people position themselves ahead of the weekend. As welles a next week when the fed comes out with their statement wednesday. Rick, youll love this. Got the fed meeting next week. Whats the more likely yield on the 10 year by the end of next week . 2. 30 or 2. 50 . Ill stick with 2. 50 . I have to say you know what judge . I want to put an asterisk. No market mo
Just breaking in the last hour, youtube launching a new gaming app. Well bring you the details how this could help google take on amazon. A move to the down side after yesterdays gains. Today we have ron weiner and rick santelli. Welcome to all of you. Kenny, let me begin with you. What are traders saying why we are seeing the dow down 167 points . I dont think anyone is surprised. The move wednesday, that explosive move up from where we had been testing lower came on the back of more rumor about greece. The fact we are getting another, not so much a rumor but news makes perfect sense money would be coming back off the table as people position themselves ahead of the weekend. As welles a next week when the fed comes out with their statement wednesday. Rick, youll love this. Got the fed meeting next week. Whats the more likely yield on the 10 year by the end of next week . 2. 30 or 2. 50 . Ill stick with 2. 50 . I have to say you know what judge . I want to put an asterisk. No market mo
Just breaking in the last hour, youtube launching a new gaming app. Well bring you the details how this could help google take on amazon. A move to the down side after yesterdays gains. Today we have ron weiner and rick santelli. Welcome to all of you. Kenny, let me begin with you. What are traders saying why we are seeing the dow down 167 points . I dont think anyone is surprised. The move wednesday, that explosive move up from where we had been testing lower came on the back of more rumor about greece. The fact we are getting another, not so much a rumor but news makes perfect sense money would be coming back off the table as people position themselves ahead of the weekend. As welles a next week when the fed comes out with their statement wednesday. Rick, youll love this. Got the fed meeting next week. Whats the more likely yield on the 10 year by the end of next week . 2. 30 or 2. 50 . Ill stick with 2. 50 . I have to say you know what judge . I want to put an asterisk. No market mo
Just breaking in the last hour, youtube launching a new gaming app. Well bring you the details how this could help google take on amazon. A move to the down side after yesterdays gains. Today we have ron weiner and rick santelli. Welcome to all of you. Kenny, let me begin with you. What are traders saying why we are seeing the dow down 167 points . I dont think anyone is surprised. The move wednesday, that explosive move up from where we had been testing lower came on the back of more rumor about greece. The fact we are getting another, not so much a rumor but news makes perfect sense money would be coming back off the table as people position themselves ahead of the weekend. As welles a next week when the fed comes out with their statement wednesday. Rick, youll love this. Got the fed meeting next week. Whats the more likely yield on the 10 year by the end of next week . 2. 30 or 2. 50 . Ill stick with 2. 50 . I have to say you know what judge . I want to put an asterisk. No market mo
Nordstrom, jcpenney and others. All time highs, Consumer Sentiment at 16year highs. So whats wrong . I would say it is a shift of something weve been watching for a long period of time. They talk about declining sales. Weve been watching amazon and how it has been performing. We know it is about online. Jan was talking last week about the idea of you better have an Online Presence. If you dont, youre in trouble. And it better be on its way and building right now. Those that dont, they are getting beat up pretty hard. I think thats what were seeing manifest itself as we hear about the declining in store, thats the main thing. If your revenues are coming, the majority, much more than the majority, the extreme amount is coming in store and youre not able to keep one that, online is killing you. That implies consumers are spending, just not in the stores. The dollars are being spent somewhere. I think the dollars are being spent somewhere. Where it seems to be the hardest hit is the Depart