Problem, also technical levels, the Dow Jones Industrials down 137 points, the lowest down 174 points. We are of of the lows of the day but seeing the down arrows and i will get to why dow is down. You can thank belling for that but there are concerns about earnings going for. Many Companies Reporting despite concerns about 2014, tepid outlook for these Companies Made everybody worry. We want to see what the open Market Committee said to policymakers and the vix to the upside. Lets get back to boeing. The worst performer on the Dow Jones Industrials 6 , it is accounting for 52 negative dow points. The dow, 1third of the dows loss is boeing. When you take a look at the s p 500 that may be a better theme of 1 2 . Boeing came out with a weak outlook for 2014. The move to hike Interest Rates and save lives, the nations currency scaring investors causing emerging markets to push european stocks lower. The real question is why is such a small economy having such a big global impact. We want
There are a few names squeezing out some names. There is a lot going on, of course. Apply existing home sales rose 6. 5 . You can see it remains a mixed bag. We should also note that Toll Brothers came out with their fiscal order profit. It fell 24 . There are a lot of buyers that rushed in. You can see it is up about a half right now. Our next guest says we are in for some turbulence. Do not worry just yet, we see some great buying opportunity. Joining us to talk about all of that is scott wren. We are in a dip now. You would expect that we would reverse that. I think so, adam. Pullbacks are opportunities. It is the same thing we are telling them now. So far, not big on a percentage basis. It is an opportunity. I would like to see a little bit more. We want them prepared for the next year and a half. I think it will overall be good for the market. Adam do you think that the worst is over for them . The backtoschool season has not been very good. These retailers have been putting out a
Melissa arizona is the latest state to refuse the exchange. We will bring on judge Andrew Napolitano to talk about this one. Lori Time Magazine announcing it candidate for person of the year. Wait until you hear who the candidates are. We will handicap the list with lou dobbs. Melissa stocks as we do every 15 minutes. Nicole petallides standing by. Stocks are losing sseam as House Speaker john boehner took the podium although they have recovered a bit. Nicole is difficult to monitor which way and guess which way the market will go as each headline process crosses, wereg the market being started around the unchanged line. And then you have people saying how the white house has had a change of tune. This is the type of environment we are in. As far as the big pitcher goes, the market is showing some resiliency considering we have had weeks after weeks of worries on the fiscal cliff, and yet were still pulling off some up arrows. Take a look at cold and macys. Both have come under some pr
Iconic Dari Serve opens for season in Durham - DURHAM Dari Serv owner Bob Pavlick enjoys opening his iconic business every season and seeing the rush of people returning after a long winter away.“The Dari Serv is over 65 years old and we are very fortunate to have very loyal customers,” said.