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Transcripts For KICU First Business 20130719

Following betterthanexpected earnings from Morgan Stanley and comments by fed chair ben bernanke. The nasdaq added on a point. Gold gained 6 dollars, and oil 1. 74. Tech trading trouble is possible today. Google shares tumbled about 5 on earnings that fell short. Microsoft was also shy. Its stock dropped 4. 5 in heavy trading volume. Detroit has filed the biggest city bankruptcy ever in u. S. History. Motown is struggling with billions of dollars of debt. And, the latest Mortgage Rates declined. The 30year fell to 4. 37 . The 15year to 3. 41 . Chris gersch of altimus capital joins us on the show. Good to have you back with us chris. Good to be back. And the market hit record highs yesterday, but today is options expiration day. Theres a lot going on here. What do you expect . I think were going to have a really scary open, actually. The s p yesterday at the close was just something that you didnt want to be a part of if you were on the bid. I really think that the earnings that came ou

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