Himself, Martin Shkreli, back in court and its about to wrap up. Well head to the ground for the latest but first, we start with the big sell off in Technology Today tech was the worst feperformer, closing at its lowest level since may 17th this is the one fang stock that got crushed. Take a look at e de clines there. Netflix down 4 . Is something changed, pete i think on dip, it depends. I think if i see a 10 move out of any one of those stocks from their high, id start getting more interested, but im not in a single one of the fang names im in a lot of Different Technology names Technology Got hit today i think those are opportunities because if you look back to the earnings season, they showed growth, Revenue Growth earnings growth. Across the board very, very stropg. Im just looking for a better entry point than we see now. You see the dip again and again for the past month seen it in Technology Stocks and were still dipping. Three fridaying ago this week and something happened the
About 18 times because earnings are slowing and thats a premium valuation that we get when earnings are moving higher and its expanding. You can go back down. You can go back down to 1850 but you have issues coming up. One of them is the dollar to be strong and everybody is going to focus on the brexit which is a june vote but the news will pick up and then of course president ial election. You tend to look at the economic numbers that were not great. Thats good because i dont think that the fed goes you dont know what to believe when it comes to the fed because what some have called a dove fest of last week and then now this week you get some of the seemingly more dovish people talking like hawks. Well and its confusing to the marketplace and its the reason that were correcting right now and its a healthy correction. I dont think its being met with much volatility in the marketplace and looking forward over the next couple of weeks the economic numbers are going to be important. Ism m
Degree or two every hour. 52 degrees to start your thursday. Its only going to get warmer today. Normal overnight low is 40. Were at 50 at smith town. Brookhaven 49. As is a cool place. 41 around white plains. 51. So we are looking at a warm day today, temperatures will be 15 degrees warmer than normal when it hits 70 degrees this last day of march. March going out like a lamb, but april is coming in like a beast. Were going to talk about that. Arctic air on sunday, heather. I know that just made your day. How are the subways out there . So excited. Subway service is on or close to schedule. If you normally use the subways to get to work. We have new jersey transit, Long Island Railroad and metro north doing just fine. Checking out whats happening here south right near bay shore road, we have everything closed down because of a serious fire. Traffic coming towards us this direction, thats going into queens. Traffic going in that direction going into the bronx and over into manhattan, n
Good wednesday morning, everyone. Im pretty sure youve heard us say this before. Were going to start with the latest controversy surrounding donald trump. Trumps Campaign Manager now facing a Battery Charge over an incident with a female reporter, the charges coming after Police Released video of the incident involving Corey Lewandowski. We also have video this morning showing a 15yearold girl getting peppered sprayed at a trump rally being called a racial slur. Meanwhile, trump rescinds his promise to support the eventual gop nominee and his rivals did the same. We get the latest right now from megan hughes, who is following the developments from washington. Good morning, megan. Reporter reena, kendis, good morning. All eyes now turning to wisconsin which holds its primary, critical primary next tuesday, and, kendis, you said it. The focus continues to be on donald trump. All three republican candidates appearing on stage separately in wisconsin last night for a cnn town hall. Donald
Good wednesday morning, everyone. Im pretty sure you heard us say this before. Well start with the latest controversy surround donald trump. Trumps Campaign Manager now facing a Battery Charge over an incident with a female reporter coming after Police Release video of the incident involving cory lendowski. Trump reskips his promise to support the eventually gop nominee and his rivals did the same. The latest from megan hughes from washington. Reporter all eyes turning to wisconsin which holds its primary critical primary next tuesday and kendis, you said it. The focus continues to be on donald trump. All three republican candidates appearing on stage separately in wisconsin last night for a cnn town hall. Donald trump quick to make waves backing out of republican candidates loyalty pledge. Do you continue to pledge whoever the republican nominee is. I dont anymore. No . Well see who it is. Reporter every candidate weighing in on the latest shakeup in the twain. Corey lewandowski facin