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Transcripts For KICU First Business 20130712

Is reacting to comments from fed chairman ben bernanke that economic stimulus will continue for now. Homebuilding stocks were among the sectors helping the market pound out gains. Gold bumped 37. Oil slid 1. 90. Meanwhile, at the treasury, a 117 billion dollar Budget Surplus as the government took in more than it paid. Mortrgage rates are on the rise. The 30year fixed jumped to 4. 51 , the highest in 2 years. 15year loans rose to 3. 53 . J. P. Morgan and wells fargo both report earnings today. Joining us now, scott bauer of trading advantage. On the Trading Floor, what is the trader talk today . Will the banks set the tone . Not only is it going to set the tone for today, angie, i think its going to set the tone for the rest of the earnings season, and going into the last quarter of the year, quite frankly. With the recent rise in Interest Rates that weve seen, that really may affect wells fargo more than its going to affect j. P. Morgan, that thats going to give a great insight into w

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Transcripts For KICU First Business 20130902

We are tapping into the trader mind of scott bauer of trading advantage. Hello scott. Hello. Good morning. You are sharing with us your top trading tips starting with, dont be a hero. Why not . Because youre going to fail more often than not. Bottom line. When you go into a trade in the marketplace and i dont care if its in commodities, stocks, equities, options whatever it is, you need to have a set plan and that set plan should not be trying to hit a home run. Because you may hit a home run one out of every ten times but strike out the other nine times. So go in with a plan. Go in with realistic profit expectations and when things dont work outdont ride it out, exit your strategy and go into the next plan, because you know what . Theres always another trade to make. You also say dont pile on. I think this is following the herd mentality. Why does that not work . Heres a great example. We saw abercrombie earnings and the stock was down 20 on real high volume. Dont get into a stock lik

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Chicago families to spend $1B on back-to-school items as return to in-person classes means longer shopping lists

Chicago families to spend $1B on back-to-school items as return to in-person classes means longer shopping lists
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Back-to-school shopping lists could be longer this year

Back-to-school shopping lists could be longer this year
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