In a row while the s p has made gains 7 weeks in a row. Gold and oil both sold off. And billionaire eddie lampert, who is running sears, is boosting his stake in gap. Traders have plenty to keep them busy today. Trader andrew keene, president of keeneonthemarket. Com, joins us now. Lets start with g20. What will the yen trade be off of that meeting that happened over the weekend . Very, very simple if i see a rally in the yen, the euro, or the british pound, i will be looking to get short all of those. I want to sell those on rallies. That has been working out. The yen hasnt gone up three Straight Days in three months. If you look at all those charts, top left to bottom right. That means they are all headed lower. Are you trading herba life with bill ackman on one side and carl ichan on the other . It was interesting on friday, it opened at around 48 befor the market opened at 6 00 a. M. , then it sold off all day. When ichan got on tv, he said he was long it, but he was long it at 36.
Deals in the u. S. Offset negative Economic Data out of europe, which held the market in check. Shares of herblife soared 15 after hours on word carl ichan bought 14 million shares of the nutrition company. And tiffany is suing costco. Tiffany claims the club chain is selling Engagement Rings bearing the tiffany name. Traders will enjoy a long holiday weekend. With president s day coming up on monday, the markets will be closed. Mark sebastian of option pit mentoring joins us on this friday for a closer look at the market. Good morning. Morning. What do you think about g20, and what will it mean for trading today . I think people are going to be paying attention to the japanese yen. There is a lot of discussion about currency manipulation across europe, the u. S. And asia about the monetary measures japan is making, and i think that is going to be the big issue of g20 and could really drive the yen on friday. It has been a rough week for carnival cruise. What do you think about cruise
Peace prize. We will have this live and break down all of the contenders. Maybe a priest prize. Pope francis, one of the leading contenders. Im john berman. Welcome to early start. Im christine romans. The mayor of new york and the governor of new jersey both places where travelers from west africa enter the u. S. Both giving news conferences thursday offering reassurance that Everything Possible is being done to protect the public. We faced terrorism, we faced natural disasters. We now face the possibility of infected by a pandemic. All of those other moments prepared us to handle whatever is thrown at us. Of course, were concerned. That concern is being moved into action. I hope the federal government moves more quickly to get Newark Airport up and ready to go. They are in charge of that aspect of providing security at our airports. I got assurance from the white house in a private conversation they are moving as quickly as they can and we will continue to coordinate. Airport and air
Always speak fishily for the president in term of when hes going to do something and not. We have eyes on that. It would be a major controversy. We have news on a Corruption Scandal having to do with the new administration that may be getting pursued now by a unlikely investigator. We have that coming up just in a few minutes. We have a couple, a pair of National Security stories, one of which may raise your spirits in a way. And one which probably will flip your stomach over several times. Theres a lot going on. I want to start with something different. Before we get to that news tonight. I want to start with something a little off the path. Something that as far as i can tell is basically a open question and that is how i am raising it on the air tonight. I want to explain this thing that we as a country have all been able to figure out recently within the last couple days because of good investigative reporting by the New York Times. The reason i want to talk about this part of it h
Jeff Bezos bought his third mansion on the famed 'Billionaire's Bunker' Island near Miami, Florida for almost £70 million to add to his real estate collection