Double digit losses. At this point, up until now, you really didnt see much of an reaction that people were somewhat complacent. We arent seeing the reaction we saw in august of 11 but getting closer. Well talk about investing in this market, my exclusive interview with Julian Robertson. Well get his opinion on how to play this market, against specific names he says will make money right now. Including ones you may never have heard of. Wait until you hear what he has to say about apple and the late steve jobs. I have to say, bill, i was taken aback by his comments on apple and why he would not be putting money in apple today. I was shocked when i heard about it myself. I just ran into him recently. Hes 81 years old. He is he looks terrific. Stronger than ever. Very vigorous. Very much focused on this market, investing. Absolutely. Glitchgate continues for the new health care law. You know its bad when even saturday night live makes fun of the website problems. Well show you that. And a
The fed is not going to get in the way of a good holiday season. You know what . Heres something you can never do, you cannot fight the fed. And thats led to this bull markets continual rejuvenation. I think next week the same getting closer and closer to year end. I have to remind you again that of the four times weve come into november up more than 20 in the s p 500, we have never been down for the combined months of november and december. Thats a big reason why earlier this week when the end of the world came out i gave you my whole story handbook on bull markets. All happy bull markets are the same. And you have to buy them on any weakness. No wonder tulsa was one of the few richest in his time. Whats your game plan for next week . First, on monday we hear from perhaps one of the most Impressive Companies i have dealt with in ages and it is called workday. We spoke to coceo of workday and i was blown away by the ambitious nature of what his company is accomplishing. Theyre offering
The big issue for San Francisco is the wind direction. For that, lets bring in jeff raineri. This is what youve been talking about, fire danger and wind. And that wind direction is going to stay locked into place as we head through the next 12 to 18 hour. Its coming out of the northnorthwenorth northnortheast. Its to carry that fire from a smoke thats 200 to 500 acres. These winds are the worstcase scenario for firefighters. Humidity down to about 10 and 20 . And thats why were also seeing the smoke travel as far as 47 miles off fortowards the south, impacting San Francisco. Theres smoke there now. And we expect the smoke to continue through tomorrow morning, as long as the fire is burning. Some of the worst fire threat continuing here across the north bay. A quick look at the overall winds. They are 10 to 20 Miles Per Hour. Gusting even higher. If the fire is not put out by tomorrow morning, a lot more smoke will continue across San Francisco and areas to the south. Thank you very muc
Teaching you tonight. Call me. Earnings season earnings season i dread earnings season why . Because it is overwhelming with so Many Companies reporting at once and so much data being thrown at you. Because its hard to keep track of the expectations and to know what is better than expected. What the whisper, the real benchmark that must be beaten is. Nah, huhuh. Its because i have a bad back and i cant stand carrying all those printed out versions of the Conference Calls as a schlep from Downtown Manhattan where i do squawk at the street to the studio where i do mad money. Tonight i want to do something different. I got to help you this earnings season. I wanted to offer a new way to use earnings season, to put it in perspective. Most of you watching are not day traders that i think hijack a lot of the thinking. Youre not trying to game a given quarter, something i true to aschew. And reports arent accurate because of the things in europe or something involved with the election. In oth
Rity and minority leaders for morning hour ebate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip each, to five minutes but in no event shall debate continue beyond 11 50 a. M. The chair recognizes the gentleman from texas, mr. Williams, for five minutes. Mr. Williams mr. Speaker, thank you. Mr. Speaker, it is a sad day in america when Army Secretary john mchugh says that in todays fiscal environment the bestcase scenario for our militarys budget is treacherous. Ray odierno says it hampers the militarys ability to train its own troops. While there is waste and overlap in every federal agency, the pentagon budget not excluded, there is much to be said for congress doing its primary job of governing, passing a budget. For the last four years we see continuing resolution after continuing resolution has placed in our military. Earlier this year we saw the rigid re