Holding in there at 16. Generally speaking, if it was down on last week, its up this week and vice versa. Vice versa, like the weather. Problems with tesla in hong kong meantime, millenials still love the stock. A look at why and well bring you the rest of the millenial musthave stock list as well. Plus, binge analyst dick bove says why hes bearish ahead of earnings kickoff favorite time of the season. I do like the anticipation and once it happens then what happens kind of all right. This right now feels like the exciting one got the Big Bank Earnings and big tech, United Health care is going to report. Well learn a lot in the next ten days. And happy amazon prime day coming up tonight. We start with the Amazon Effect hitting shares of best buy on reports that amazon is developing a geek squad competitor Courtney Reagan just back from italy has details for us. Hi there, bill. Go to see you. Amazon has quietly been building teams of Electronics Experts to offer inhome alexa training an
Point. And that and i dont want im not going to call it, but mr. Mccain was expected yes and johnson was an unknown, sounds like he just voted aye. The democrats are going to vote no, but that should be i know were in closing bell right now. Well stay with this for a few minutes. John harwood and sara fagen still with us, i believe are you there . They have the votes. The ayes do have it, and as i said in my little hot mike moment there in a long conversation like that with Mitch Mcconnell, it sounds to me like ron johnson wanted to vent a little bit at some of his frustrations with Mitch Mcconnell but not so much that he was going to walk away and vote no so hes voted aye to proceed which means this Health Debate is going to happen and what weve got is a some attempt to rewrite the Senate Health bill which had been stalled for lack of support. If that fails, they are ultimately going to try to get to this bare bones repeal which would be a vehicle to get to conference with the house,
Month. The reporter who broke that story with the latest. And shares of Home Builders Toll Brothers after a mixed Earnings Report and well hear about the companys cautious outlook but we start with the latest on tax reform and a report from politico says the big six are making significant strides on a plan moving past the framework pushed out in july, and one of the big six, Speaker Paul Ryan, is optimistic about getting things done. Heres what he said in a town hall last night. I believe its going to be far easier for us to do tax reform than it was say for Health Care Reform all right how close are we to getting a plan, and what exactly would be in it . Joining us are politicos nancy cook and our own ylan mui. Glad to have you both here for this discussion. Nancy, i was looking at your proposal today about the items that people are kind of rallying around here, but they include controversial ones like, you know, capping the Mortgage Interest Rate deduction and getting rid of the dedu
Us in an exclusive interview. Theres talk of a bubble in the retail industry. Now being acknowledged. Biotech boom. Moves from 25 to 30 to 74 . And well see whether there might be still more up side for the companies youre looking at. But we start with the big news out of washington. Youve been watching it on cnbc. Fbi director james comey testifying on capitol hill about the investigations underway of russias influence in the u. S. Elections. Eamon javers has been following along. He has more details on what was said today. Eamon . Reporter bill, thats right. Going into the hearing there was some question about whether fbi director james comey would, in fact, confirm that there is a federal Law Enforcement investigation into russian influence in the 2016 elections. James comey did exactly that today to the surprise of some. Heres what he said. The fbi as part of our Counter Intelligence mission is investigating the russian governments efforts to interfere in the 2016 president ial ele
Day, and, no, we do not have a fix for the fiscal cliff. Guess what, the numbers also reflect that. Lets take a look at how a day on wall street, looks like the dow is down marginally, 24 points to the downside and the nasdaq off by the biggest percentage loss, down by 22 points and the s p 500 is down by about seven points, and as i said it is crunch time. There are only three trading days left now for 2012 and still no deal to avoid going over the fiscal cliff. All signs are pointing to more talks for lawmakers to try to hash things out. Should wall street bet on a fix before january the 1st or is that Wishful Thinking . Lets find out. Lets speak to our guests. Welcome to all of you. Brian, where do you make of where were going right now . Youre the one that remains sort of neutral. Youre buying this market right now, arent you . Well, were pretty much staying put. Were recommending that our clients have a substantial allocation to equities. I mean, bear in mind, its been a pretty go