A road map goes like this. With the taper heard around the world, stocks soaring during trading yesterday as the fed announce it is will start pulling back on its monthly bond purchases. Now the big question, where do we go from here . Plus facebook ceo zuckerberg hitting the sell button, 70 million shares with 40 million of those being sold by the facebook ceo himself. And major Security Breach at target Stores Across the country. The retailer saying credit and debit card information was stolen for get this, 40 million of its instore customers. And oracle reporting better than expected results in quarterly revenue. Well see what that can signal about a possible rebound in i. T. Spending. First up, amazing action yesterday, a will the lot of th, even seasoned guys, saying what a ride. Heres the cover of usa todays money sex, 5 reasons there was no taper tantrum. I love that phrase. Paul ryan said the taper came too late but its hard to argue with a market rally of 300 points that says
3 here. Overnight in asia, the nikkei hit and held 16,000 for the first time in six years and then hong kong and europe are closed. Happy boxing day, by the way. Our road map begins with the markets. Today looks to be yet another record day for stocks. All the major indices set to open in positive territory. Plus, call it a shipping nightmare. Thousands of packages were missing on Christmas Morning after ups and fedex reported extraordinary delays because of hive demand at the last minute. And what does history tell us about Market Strategy for 2014 . Your play book ahead in just a few minutes. First up, though, stocks poised to open higher after coming off of record closings on tuesday. A gain today would be its sixth straight, something it has not done since a tenday winning streak in march. Of all days on the calendar, the s p is likely to be up today, 79 of the time since 1945. This is the start of the official santa claus rally, isnt it . On average a gain of 1. 6 . So last five o
Moscow are obviously watching the situation very carefully on that epicenter of resistance after a night of street battles between protesters. The pictures are amazing. Theyre throwing stones, clubs, molitov cocktails, all of them trying to hold their grounds in those hours but being slowly pushed back this morning by riot police themselves using flash bangs or stun grenades and water cann cannons. Much of the square, more than half of it, while some protesters seem to have taken refuge behind reinforced barricades and behind their bonfires. The number of injured is in the 200s. We understand some 250 seriously wounded are being treated in the hospitals. Also, one local ukrainian journalist has reportedly been shot and killed in that melee, as well. Becky, back to you. One of the questions we wonder and youre watching from moscow where they are keeping track of the situation closely, is there a sense that anyone else might get involved in this or is this people watching from afar still
Fail and if it is, should you leave your money there or not . S theres a big discussion, sue, about whether some of the big Asset Managers are systemically important, ie, too big to fail. Indeed. Thats been a discussion recently, ty. Well talk about that. We also are talking ate the nasdaq, pushing higher today, but its had a few lack laster days recently. So questions are being raised about whether the tech heavy index is setting up for a bigger pullback. The nasdaq is, however, still up 36 in a year and thats nothing to shake a stick at. And since that march 2009 bottom the index is up 210 . So should we cue the bear video . Perhaps. Because its cold. We picked polar bears today. Arent they cute . A number of stocks at the nasdaq already in bear market territory. What does that mean for all the other stocks there . Sheila dharmarajan is bear hunting at the nasdaq. Hey, sheila. Hey there, sue. The nasdaq is staging a little rally today, but when it comes to the tech heavy index trader
2012 and get this were on track for the best yearly gain percentage wise for the dow since 1996. There it is. Theres not a lot of volatility. Just a slow roll upward. A reminder for those listening in their car were at 117 points on the dow. 7 of 1 . Nasdaq up a. 25 . Home depot is adding to the dows strong performance. Without we can top that cant we . Oh, yes. If theres one stock that everybody is talk about on the floor is twitter. Its up big again. The shares are up more than 170 since the ipo just early november. Adding 3 today. 72 bucks a share. Of course we want to know if twitter can flying to a new high. It was up 6 at the peak. It was up to 74. 75. The volume weve traded 70 million shares of twitter. This is for a company that had a 10 million share floated in its ipo. Here on the floor were only doing 240 million shares. Thats only 20 of the total. If you say thats roughly more than a billion twitter a huge piece of whats happening in the market as the only reason why were o