Air . Because the market is marching back to the alltime highs . Well, i thought that, and a fum ber of the investors that i spoke to noticed that the link between correlation of crude and the markets is starting to dissipate somewhat, and apparently that not the case today, and the reason that it is dissipating is that as crude consolidates and the big volatile moves go away that the algo guys are saying, i have to find Something Else to wreak havoc with. But i am surprised that it is trading positive and it is counter intuitive with the kuwaitis coming back on after three days off, and people are kcome fortable with having foun the downside and so it is up. And doc, it is inevitable that the market wants to try to retest the old alltime highs. And certainly pushing it. And slow and steady march there. And pushing, judge. A lot of people sold as soon as we get close to it, it is going be another batch of selling, and the question is, how quickly do the people have to cover . If it rev
Good afternoon, we begin this noon with breaking news, attorney general, eric holder is announcing plans to resign after six years of leading the justice department. The white house said he discussed his plans with president obama over the recent months and made plans over the labor day weekend. He will remain in his post until a successor is chosen. We are also following breaking news out of iraq this noon, the intelligence operation there up covered a plot against subway systems in the u. S. And france. The Prime Minister says the plot is imminent and by the group known as isis. Well have more on this story and give it to you as we get it. And today was the third led day of air strikes in syria, the isis fighters took over there, and are advancing to the town of abanny. Now to accuweather, the rain is finally winding down after several hours of steady downpours, high winds are still gusting across the region right now. Lets go live to sky 6 hd. Taking a look at a gloomy scene in atla
There is no doubt, thanks to the steps that we took early on to rescue our economy and to rebuild it on a new foundation we are entering the new year with new confidence that america is coming back. Tomorrow the president heads to phoenix to talk about the state of the housing market. The sec chairman said his Net Neutrality proposal will line a linealign with president obamas vision, meaning no internet fast lanes. He said will be no blocking, no throttling, and no paid prioritization. The proposal will be formally submitted in february. Three of the five members need to formally approve the plan. Tomorrow i will be speaking with one of those members on bloomberg west. Is facebook a serious threat to Googles Youtube . Facebook said the amount of video on its news feed tripled from last facebook has averaged june. More than one billion video views per day. Facebook is looking to take a bigger piece of the online ad marketing space. Now to the lead French Forces are reportedly raiding a
Economy head of the state of the union address. His first stop, wayne, michigan where he spoke at a ford plant. There is no doubt thanks to the steps that we took early on to rescue our economy and to rebuild it on a new foundation we are entering the new year with new confidence that america is coming back. Tomorrow the president heads to phoenix to talk about the state of the housing market. The sec chairman said his Net Neutrality proposal will line with president obamas vision meaning no internet fast lanes. He said will be no blocking, no throttling, and no paid prioritization. The proposal will be formally submitted in february. Three of the five members need to formally approve the plan. Tomorrow i will be speaking with one of those members on bloomberg west. Is facebook a serious threat to Googles Youtube . Facebook has averaged more than one billion video views per day. Facebook is looking to take a bigger piece of the online ad marketing space. Now to the lead French Forces a