Well tell you what that is and why some traders feel the stock could soon take off. We start off with a wild day for stocks. Youre thinking, what are you talking about . The dow is swinging as much as 300 points after the central bank announced another dose of free money. Guess what, stocks shrugged. Is the free trade money over in our Central Banks out of bullets . I dont know if theyre out of bullets but theyre certainly losing an awful lot of credibility. Today was an insanely wild day. If you were just walking the stock market from 9 30 to 10 00, you missed most of the action. The euro was fluctuating. Mario draghi was talking. Multiply it by ten for stocks. Youre looking at a 10 to 15 decline relatively when youre talking about currencies versus stock. That was a big move. Then it completely ripped to the upside when mario draghi said, you know what . Were probably not going to cut rates anymore. Were probably done. Thats where they lost credibility. Then you saw stocks start to r
With the vicks towards 23 or so. You see everything here, teshg financi financial, consumer discretionary. Youll notice energy is not doing as bad. Energy was doing significantly less bad just a short while ago but thats changed a little bit as oil has started to move into negative territory. Show the xle, which is the energy etf, the Largest Energy etf out there. Thats been moving down in the last 15 or 20 minutes. Thats why the markets have taken another leg to the downside. Its the Energy Stocks that are down. They previously were somewhat supportive. Elsewhere, theyre having a down day, particularly weakness in automative stocks, volkswagen, bmw, daimler. They all have 10 to 20 of their revenues over in china. Ford and gm do not. They have very small percentages of their revenues in china. 4 to 5 for ford. Theyre not down nearly as much as their counterparts over in europe. As for the financials, this is one of those days it really doesnt matter whether youre dealing with a Big Mon
This would help the company or value the Company Rather at up to 163 billion making it the largest ever technology debut in the United States. And joe was reading that story over the weekend about mr. Jack monn in the New York Times. The entire column allocated to the New York Times i spent on alibaba did not see that in the new yorker or something. The New York Times magazine. So it was not in the new yorker. The New York Times is a magazine . You have it in front of you. Thats your copy. I didnt bring that in here. Andrew, i will tell you what i did what struck me is that all of the weird Corporate Structure did make it impossible to list in hong kong, so hay had to come here. They are technically in the cayman islands. Yes. And a 42 profit margin versus amazons 0. You think its a great business. No, because why are you skeptical . Normally because if there was a free market competition, they would go from 41 thats what i mean. A bunch of government officials are owners, too. Yes. Yo
whether there is a path forward for myself in this race. wow. it could really be over despite all the money in his account. fox & friends starts right now. good morning, everyone. we were up an hour earlier today for an extended version of fox & friends. why? because the iowa caucus is now finish even though it didn t finish until the middle of the night with mitt romney winning by eight votes over rick santorum. 30,015 to 30,007. trotted out at about 2:45 eastern time and 1:40 local time and we did not have a winner. for a while with rick santorum on time but this is the smallest margin in the history of the caucuses. eight votes, mitt romney can say i won and rick santorum can say my miraculous turn around which is going to make political history and really has from 10 days 10 days ago, he had 3% of the vote and ends up with 25% of the vote. in third place, you had ron paul as you can see right there with 22%. who doubled his output from 2008. right, new