Dow, it lost another 56 se7 pois this morning and rebounding like crazy in the afternoon. Same method it fell at the opening. S p falling. Nasdaq surging 3. 7 . How much can you trust this bounce get this, a report from snapple on top of last nights rocket fuel which was a perfect report from semiconductor sky work solution look, i think we cleaned out the bear den when we opened down that fabled 567 dow points i think we wiped out the weakhanded investors. We dealt with mechanical issues that exacerbated the decline even as the tape suddenly got a lot more bullish as we told members, the actual owners plus. Com club, you cant chase a flying market. And right now we have a flying market you need to understand where we are. What caused us to get hammered in the first place unfortunately many of these issues remain relevant even after todays rally. First yield sword thanks to fry fridays unemployment report investors become risk averse as they creep higher, treasuries represent a better
Service from last quarter. Also in focus any update on twitters ceo search and of course guidance on upcoming quarters when the Company Expects its product overhaul and when it expects that to help start adding user at a faster rate. Back over to you. Thanks so much Julia Boorstin. Whats our reaction to twitter . Its this whole mausms user growth quality which is really in question right now. To use your term its interpret meh. We could see the stock unchanged. Rallied 5 . Sentiment was poor. I dont think expectations were particularly high. But those two numbers right there, thats the problem here. That audience isnt growing and until it starts seeing some real growth there advertisers just theres other places to go with much bigger audiences. Listen, im long the stock. Im sticking with it. I think theres a certain scarcity value about the product here. But a lot of things have to go right over the next few months especially in a market environment where internet stocks, and this is a
The speaker pro tempore the yeas are 362 and the nays are 45. 2 3 being in the affirmative, the bill is passed and without objection, the motion to reconsider is laid on the table. The Unfinished Business is the vote on the motion of the the gentleman from pennsylvania, mr. Fitzpatrick, to suspend the rules h. R. 5606 on which the yeas and nays are ordered. The clerk will report the title of the bill. To clerk h. R. 5606, a bill facilitate to assist in the fighting of terrorist activities and for other purposes. The speaker pro tempore the question is will the house suspend the rules and pass the bill. Members will record their votes by electronic device. This is a fiveminute vote. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the spe
Microsoft or starbucks because these stocks exploded higher today on better than expected earnings and last i looked those are pretty darn important big stocks and they propel the averages with the dow gaining 23 points and nasdaq falling. 71 . Why dont we do this . Lets stop it with the woeful earnings and start taking advantage of the opportunities where ever we can find them. We kick things off in the most important Earnings Report of all. Thats apple which announces its quarter after the close next monday. Well be out in San Francisco. Well be like apple central. Just in case youre watching the show for the first time let me say i believe in owning apple not trading it. Owning not trading. As long as am remains cheaper than the average stock and s p 500. As long as it continues to have the beautiful Balance Sheet with a huge dividend big buy back. As long as ceo tim cook and company keep creating breathtaking products im not changing my view. Im not counting the number of phones or
1. 02 and the nasdaq plunged 1. 14 , i think being old is a very good thing. Whats so great about being old . Simple, i remember things. Things that can be valuable to all of you, because ive lived and traded through them. Right now, of course, were in the midst of earnings season. The news is coming fast and furious. Boeing missed the forecast, is the honeymoon at yahoo finished in the wake of the not so hot quarter and the slowdown . In a normal day, we pick them apart, questioning whether facebooks quarter was as good as it looks. I think it is. These are not normal times. Other forces are at work. Forces that are not necessarily bigger than individual companies that make up our stock market can still trump them shortterm. Lets set the tableau you and me. Nothing to do with the Earnings Report, which like every other day have been good with only a few real stinkers. Typically on the guidance, too, not the quarters themselves. The weakness is from emerging markets and their likely im