Declined. 49 . And the nasdaq nose diving an incredible 1. 18 . The house of pain. Before i can explain why that is, i have to note that once again, i dont really particularly care for the action in this market. I dont like that the initial Public Offerings are coming fast and furious this week like they did last week. I dont like how any words of caution are being met with anger. Ive been on the defensive for days on end about my negative view of froth. This weekend, my twitter feed jimcramer became a free fire zone from people who blame me for the reversals. And stocks as different as plug power, fuel cell energy, the 3d printing names. Its all cramers fault. Believe me, thats some seriously misplaced hate. I want every stock to go higher because i want you to make money. However, i do have a twofold job here, to help you make money and also to help you lose less money when things turn bad. Thats why i emphasize being diversified. Something that could be an anchor to leeward when are
The market. The dow slipped 26 points, s p declined. 49 . And the nasdaq nose diving an incredible 1. 18 . The house of pain. Before i can explain why that is, i have to note that once again, i dont really particularly care for the action in this market. I dont like that the initial Public Offerings are coming fast and furious this week like they did last week. I dont like how any words of caution are being met with anger. Ive been on the defensive for days on end about my negative view of froth. This weekend, my twitter feed jimcramer became a free fire zone from people who blame me for the reversals. And stocks as different as plug power, fuel cell energy, the 3d printing names. Its all cramers fault. Believe me, thats some seriously misplaced hate. I want every stock to go higher because i want you to make money. However, i do have a twofold job here, to help you make money and also to help you lose less money when things turn bad. Thats why i emphasize being diversified. Something
Crude oil hitting 104. 12, the highest intraday level in more than a year. Road map begins with markets. Bond yields rising, oil back off 15month high. Well break down what it means for all of your investments. Other questions over the crash landing of course in San Francisco airport that left two people dead and dozens more injured. Live on the scene. Crisis in egypt continues. Politicians fight over who should govern the country. Live to cairo. The latest details on the dell buyout. Michael dell key endorsement could bolster his plan to take the company he founded private. Futures climbing with the s p on track for its third day higher ahead of alcoa earns this afternoon which marks unofficial start of earning season. The tenyear slipping back to 2. 69. Dollar at threeyear high against the euro. Interesting session after the jobs number, which in itself was a wild ride on friday. Right. Lost ground in the morning. Made it up in the afternoon. First the tenyear had the big move. By th
Companies are going to earn or sell. The making and missing of those expectations controlled the market today with the dow climbing 42 points and s p 500 back sliding and nasdaq declining. A watched it drop like a stone, boom, boom, boom. Then we listened to the call and American Express is doing better than expected. And the stock rallied 3 and change. Investors came into the intel and General Electric quarters hoping that Industrial Sales getting stronger of the intel choose to be far more sir couple inspect and didnt give that positive and General Electric talked about a mixed picture environment. And ge sheds 2. 28 , the latter seeming out of sync with the fact the headline said things are good. With that expectations in mind, lets go over next weeks game plan. Two of my absolute favorite companies, delta airlines, dal and johnson johnson. Suffice it to say i am a tad concerned like intel because both companies had become victims of heightened expectations. Delta has been vocal abo
Latest twist here. We know the Senate Intelligence committee is proceeding along similar tracks here. We also know it is likely that Michael Flynn will take the fifth amendment, invoke the fifth amendment when asked for personal testimony, because that argument he made about documents, that was the original subpoena from the senate side, is that they amounted to testimony that he could decline to provide because of his fifth amendment rights. So thats going to be a question as this moves forward. Take a look at what adam schiff had to say when i talked to him earlier today. Do you see general flynn potentially being held in contempt of congress if he refuses to comply . You know, thats a possibility. Again, i would hope that we could get cooperation and we may ultimately have to have discussions with his counsel about what is covered by the fifth amendment and what is not. And if there is too broad a disagreement about the legitimacy of any claim of fifth amendment protection, then wel