In. You just think you might get better prices in the next month . Markets are going to be pulling back here, a rally driven by the fed. Theyre not going to materialize as well. I think well get the pullback. You want to buy industrials, the transports, emerging markets here, get your list ready, rotate out of bonds into stocks. Maybe 5 cheaper . Thats what im thinking. I think you can get a better value here. Expectations are double digits. Thank you very much. That does it for us today. Right now its time for squawk on the street. Good monday morning. Welcome to squawk on the street. Im carl quintanilla, with melissa lee, david faber and jim cramer. The dow less than 2 from an alltime high. Europes been getting a lift from some good data today. Today u. S. December durable goods. Shanghai, the best day in two weeks, as industrial profits over there hit a sevenmonth high. We kick off the week with something for everyone. Fed meeting, jobs numbers, apple, amazon, facebook, boeing, ford
Hello. Youre watching todays worldwide exchange. Im ross westgate. And im kelly evans. Japan is facing a 255 million euro loss for philips. Cutting a key Interest Rate by 25 basis point is the bank of india. And the boj is keeping tune rate until theres a significant drop in unloimt. And ahead of todays parliamentary hearing, italys economic mip sister takes grilli takes center stage. All right. Reunited. Back together. So nice. You know that song . I sang that to you the last time. Weve had a couple of reunions and a series of time spent apart. How are things sthp. They are great here. How was davos . So far, gone, in the distant memory. Dont worry about it for another year. Plenty to worry about today, though. Korea. On todays show, plenty of good stuff coming up. Were going to be in madrid as the Prime Minister is reportedly releasing a plan to relief some of the pain of austerity. Then its south korean steel giant posco reporting Quarterly Earnings today. Well have the latest live
There. But you really do see some opportunities. I really do. Its interesting, we talk about the jobs report, 158, good or bad. We talk about gdp, minus one, plus one. All that is a power point. Our economy is sluggish today, and theres no reason for it. We have a wonderful country. We have great resources, we still have a free world, the opportunity to move forward. Heres my message to the leadership in washington, get in the game. Thank you. Join us on monday. Have a great weekend. Squawk on the street starts right now. We have breaking news on this jobs friday. Welcome to squawk on the street. Im melissa lee, with Carl Quintanilla and david faber. Were closing in on 14,000. A leg higher in futures just moments ago. The dow looking at 112 points at the open. The s p 500 looking at about 11 at the open. Of course, this is after the best month for january, since january of 1987. As for the picture over in europe, taking the lead from here in the United States in terms of gains, we do s
Exuberant start here at the New York Stock Exchange today. The dow broke through the 14,000 level. Its the first time thats happened since before the financial crisis in 2007. Traders say the recent rally in diin individual investors into the market. By the closing bell, the blue chips were up almost 150 points to 14,009. P 1t add 15 poins. One catalyst pushing stocks higher decent data about jobs. American businesses added 1,000 jobs last month but the unem1oyment rate edged up to 7. 9 . Even though the january report r was a bit disappointing, job growth in the priwoou ts months was revised higher. Suzanne pratt has more. Reporter stuck in neutral. That seems to be the best cliche for the u. S. Job market, right now. The nations Unemployment Rate has been lurking just around 8 for the last six months. And, the number of news jobs created is barely keeping pace with population growth. Still, some economists think the latest labor data is encouraging. When we look at the number of jobs
Having an impact on the qs. Im melissa lee. See you tomorrow at 9 00 for squawk on the street. Mad money with jim cramer starts right now. Im jim cramer. And welcome to my world. You need to get in the game. Going out of business and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money, welcome to cramerica. Other people want to make friends, trying to save you a little money. My job is not just to entertain but to educate and put things in perspective. Call me at 1800743cnbc. Not everything in the market can be explained by cold hard facts. Not everything is rational or even cut and dried or it can even be ascertained with close scrutiny. Including today where the dow vaulted 67 points s p advanced, nasdaq climbed. 33 . The stocks of companies that basically have nothing good to say go up anyway. Truly miserable quarter on friday. They rallied baa because theres a consens