See, were always trying to understand the coloration of the market. But sometimes we literally cant do so unless we go to jelly Stone National Park and get all ersine about it. Why . Well, think about when you own a stock and something terrific happens but the stock goes down anyway. What do you think . What goes through your mind . Perhaps you say maybe the news isnt as good as we thought. Or perhaps i got to do more homework. Maybe this news was already baked into the stock and thats why it didnt go higher. However, its far more likely that you would be emotional about it. You would say, i give up. All that homework, all that good news, all those positives, they didnt matter. This just must be a horrible moment for the market, and it is a huge bear phase. Thats where we are right now. Huge bear phase, and im not going to buy anything until this phase ends. In fact, im a seller. Okay, lets turn that whole thing on its head. How about if you are short a stock of a company that had its
There. But you really do see some opportunities. I really do. Its interesting, we talk about the jobs report, 158, good or bad. We talk about gdp, minus one, plus one. All that is a power point. Our economy is sluggish today, and theres no reason for it. We have a wonderful country. We have great resources, we still have a free world, the opportunity to move forward. Heres my message to the leadership in washington, get in the game. Thank you. Join us on monday. Have a great weekend. Squawk on the street starts right now. We have breaking news on this jobs friday. Welcome to squawk on the street. Im melissa lee, with Carl Quintanilla and david faber. Were closing in on 14,000. A leg higher in futures just moments ago. The dow looking at 112 points at the open. The s p 500 looking at about 11 at the open. Of course, this is after the best month for january, since january of 1987. As for the picture over in europe, taking the lead from here in the United States in terms of gains, we do s
And does the 4 rule still work . We have all that and more on nightly Business Report for monday july 22nd. Good evening, everyone, and welcome. Nearly 1 3 of all the s p 500 Companies Report their quarterly profits and losses this week including the dow. Shareholders are forgiven if they feel like theyve eaten a soggy french fry. Mcdonalds saw profits rise 4 over the past three months. That was well short of analysts expectations and the company warned of a tough year ahead. Mcdonalds shares the biggest decline in the dow today falling 2. 5 today. Investors are waiting to see more results out of this weeks batch of earnings. The s p 500 index closed at a fresh all time high. The dow rose 2 points, the nasdaq up and the s p 500 up to 1695. In the commodity markets, gold was glittering. The precious metal chalked up da year. It jumped more than 43 an ounce to 1336. Gasoline prices, aaa says average prices at the pump up 12 cents. Increased summer demand and unrest in the middle east all
And does the 4 rule still work . We have all that and more on nightly Business Report for monday july 22nd. Good evening, everyone, and welcome. Nearly 1 3 of all the s p 500 Companies Report their quarterly profits and losses this week including the dow. Shareholders are forgiven if they feel like theyve eaten a soggy french fry. Mcdonalds saw profits rise 4 over the past three months. That was well short of analysts expectations and the company warned of a tough year ahead. Mcdonalds shares the biggest decline in the dow today falling 2. 5 today. Investors are waiting to see more results out of this weeks batch of earnings. The s p 500 index closed at a fresh all time high. The dow rose 2 points, the nasdaq up and the s p 500 up to 1695. In the commodity markets, gold was glittering. The precious metal chalked up da year. It jumped more than 43 an ounce to 1336. Gasoline prices, aaa says average prices at the pump up 12 cents. Increased summer demand and unrest in the middle east all
How to not outlive your money. How much can you safely pull from your savings each year. And does the 4 rule still work . We have all that and more on nightly Business Report for monday july 22nd. Good evening, everyone, and welcome. Nearly 1 3 of all the s p 500 Companies Report their quarterly profits and losses this week including the dow. Shareholders are forgiven if they feel like theyve eaten a soggy french fry. Mcdonalds saw profits rise 4 over the past three months. That was well short of analysts expectations and the company warned of a tough year ahead. Mcdonalds shares the biggest decline in the dow today falling 2. 5 today. Investors are waiting to see more results out of this weeks batch of earnings. The s p 500 index closed at a fresh all time high. The dow rose 2 points, the nasdaq up and the s p 500 up to 1695. In the commodity markets, gold was glittering. The precious metal chalked up da year. It jumped more than 43 an ounce to 1336. Gasoline prices, aaa says average