Back 39. Gold is the only green on the screen adding 12 dollars and oil slipped just 26 cents. Also making news. Crude oil reserves are at the highest level since 1976. Reuters reports google glass goes public next week. The tech giant will take orders tuesday. The price tag is 1,500 dollars. And, the government reports 7. 5 million americans signed up for obamacare. That news comes as the New York Times reports Kathleen Sebelius the health and Human Services secretary who was in charge of the troubled rollout of the federal healthcare excnahge website is resigning. The president is expected to name a replacement today. Oh what a market this is. Joining us now is chris gersch of altimus capital to check out the situation on this friday. Good morning to you. We had that close below 1840 in the s p 500 yesterday. What happens today . How do you play it chris . Good morning angie. The close below 1840 was a key level but even more than that the 1834 right where it settled is a key pivot p
Will talk more about that in a moment. Another tough overnight session for global losses in tokyo and india. The road map begins with the retailers rallying best buy, home depot, urban, and they all beat handily expectations, but slightly different than penny. Missing expectations, but trading up as the investors conclude that it could have been worse and appears to be better for eli musk and tesla. After the retailer posts better than stronger earnings and mobile phones and appliances were the strong components of the quarter while gaming is weak. This stock is at a 2 1 2year high today, jim. It is up 2x for the year and a lot of discussion about huber joe l jolie, and if they have found the answer to amazon. Well, that is very good and the gaming is the going to be good in the Fourth Quarter and we have new iterations, and i like gme. This is a remarkable turn, and sometimes you have to say remarkable. Some people have gotten it right. Joey has gotten it right, and shows you how poor
Good day. You need to keep one eye on the stock. The second eye is always on the market and third eye on commodities. If you only look at two of them you may miss the relationship action underneath. I dont talk much about commodities in the show because most of you dont trade them and i dont want to encourage you to do so. Theyre 24 hour, 24 7 worldwide business. Too hard for people atde home. But if you want to figure out why we had huge disparities in the stock market today with industrials and oils driving, basically cancelling each other out. Hence the markets flat line then you dont need to look any further than the prices of copper and oil. Right now the market is in the grips of a classic slow down in china and its Ripple Effect on the rest of the world. Thatsd. The Ripple Effect. China itself issues numbers. We focus on the raw commodities because the chinese economy involves taking those and turning them into something. Hundreds of millions of people from the world based citiz
Take a look at these numbers. The arctic blast taking hold last night. The current windchill in chicago is negative 25. It will get down to minus 34. Connell jeff flock is in chicago. Jeff boy, i tell you. I have been through a lot of winters in chicago. This may be the worst. You see this curious phenomenon that you do not see that much in chicago. As we get a wide panorama of the lakefront, this happens when there is a large temperature gradient between the water and the ambient air temperature. We are expecting to be below zero in chicago for one of the longest stretches we have ever seen. There is a lighthouse there. It gives you a perspective of what this looks like. The amount of time and duration of this will be one of the keys, as well as the windchill. In chicago today we have all schools close. About 400,000 students. Hundreds of flights canceled. I tell you, the rush hour this morning, not that bad. A lot of people staying home from work. This is a town that knows it is call
Good evening from new york. Im chris hayes. Tonight a new detail that might help explain why our America First president is innics publicly focused on rescuing a Chinese Telecommunications Company Whose products our own National Security agencies called major Cyber Security threat. Youll remember this was the tweet sunday morning. President xi of china and i are working together to give massive chinese phone company zte a way to get back into business fast. Too many jobs in china lost. Commerce department has been instructed to get it done. Get it done, get zte back into business fast which is weird because it was the Commerce Department that just last month barred american tech firms from doing business with zte for a period of seven years. So why now is the president so gung ho to save a company his own administration punished for violating u. S. Sanctions against iran and north korea . Its hard to believe he cares about saving chinese jobs. A real unemployment is anywhere from 18 to