Register receipts at the retailer. Dont miss the walmart exec on cnbc later this morning at 11 45 eastern time. Samsung is on track to have its worst results in two years. The company says it saw Better Business conditions in the Third Quarter, but cautions it faces slowing Market Growth and intensifying price competition at the lower end and a looming threat of apples next iphone. In other tech news, at t announcing it will be the first carrier to sell the lg smartwatch. It answers to voice commands. It goes on sale friday. I saw this the first thing this morning when i opened up the wall street journal. 125 years. What a great editorial page. Three people, freeway markets, ideas for renewing americas prosperity, really good stuff. Articles by peter huber on Molecular Medicine and paul on getting out and away and, you know, peter darker saying listen to peopler drucker. But really good for the environment were in right now which apparently is spurring young people to become conservati
Well as you look at those. The stocks have been beaten down to a certain extent, but a stronger dollar has helped them along. There they are. Back to you. Lori thank you, nicole p at a adam General Motors making changes in the Management Team at the government finished selling its stake in the auto market. Jeff. Jeff the headline, no more crappy cars. She has not done any interviews yet, the last time she did one was a few years ago, actually. She did say famously w cant mae crappy cars anymore. It is that simple. She boiled down a complicated dress code policy to two words, dress appropriately. Tape provided by General Motors. Todays gm is vibrant. We have been through a lot, we learned a lot of lessons but we have never lost our spirit of wanting to win. Jeff she has personally been through a lot. Started as an intern. She has done a number of jobs, she handled hr for a while. Other winners in all of this, lets take a look at them. A former ceo, the new nonexecutive chairman of the b
Andness inventories earnings. Scarlet is going to be busy today. Sachs at 7 30. Johnson johnson at 8 00. After the bell, yahoo , intel. David wilson suggesting next week is busier than this week. A couple of items to note. Today testimony begins. Virginia, at 11 30, president obama will be speaking on the economy. One other thing. Baseball. The kids it should be able to watch it. We have to be in bed early to get up at this crazy our. We have a lot. 10 year yield does nothing. Hydrocarbons, quite stable. The equity markets off of wells fargo, a terrific move. Dow, a Certain Authority to it. Up six dollars right now. A pullback the last couple of days. Here at the 1300 level. We have rolled over a little bit , away from the moment for the gold bulls. That is a quiet for the Asset Classes correlated yesterday. Equity markets moved up. Gold locked in with the equity. Equities are still the place to be. Growthnt and 9 earnings. It will be interesting to see what will happen. Look for that
The Conference Board reporting confidence rose 81. 5 from 80. Consumers more upbeat about business, jobs and earnings progress. David syria for ministers said they would use all means available to defend itself in the event of a u. S. Strike, one day after u. S. Victory of state said there was no doubt this odd receiver thasad regime was usin. Cheryl sparking a rally in oil of 3. 09 settling in at 109. 01 per barrel. This is the first time that contract has closed above that level since february 2012. David u. S. Authorities are demanding jpmorgan pay more than 6 billion to settle allegations is missold securities. The bank is said to be resisting that demand. A whole lot more after th aftee bell starts right now. Lets get to todays action, schaeffers Investment Research in your technical strategist, last recommendation 31 since we told you, for new place for you, and in the pits of the cme. Good to see you both. I want to see where folks are parking their money right now. Taking out o
financial sector etf, just about flat. right around session lows, so even those things in a positive today dipping slightly into negative territory. david: the positive with jamie dimon, said helping to lift the market up. let s take a look at oil because we could not figure out what was happening. tracking up 1%, and ed down 1%, if anybody knows about what is happening, he does. a fair price for this oil, $75 per barrel. he will tell us why coming up. sandra: also watching apple all day long and the endocrine after a roller coaster ride. remember this stock merely entering correction territory falling 10% from its september highs which was the all-time high bouncing back a little bit, the buyers stepping in $640 level. david: sandor was talking about the bank earnings kicking off later this week. wells fargo says the number one bank analyst on the street, form and lehman brothers joining us with a preview of his top plays this earnings season. sandra: on the rise almost 19%