Buy, buy, buy. Dow gaining 61 points. S p rising 4 . These big capitalation companies blue chips jump up as theyre junior growth stocks. Once theyre in orbit, they keep flying higher. 3m, boeing, honeywell. After all of these, who can back the next . I say look no further than apple. Theres a lot of chatter. What apple has to do to get its stock moving higher. Thats in part because carl icahn has managed to hijack the debate about the soul of apple. Icahn wants apple to move the shares up with its own buying power. It is pretty easy. Apple should stop sitting on all its idle cash and start doing something. Twitter wants to come out for 15 billion. Boom, i bay buy it for 20 billion. Apple is not getting any credit for its cash or it wouldnt have attracted icahn to begin with. These big time port will folio managers hear one thing and one thing only. They are expanding because they are being wrapped up by the consumer. Higher gross manager mean people will still pay Premium Products vers
A lot of Economic Data out this morning, jobless claims coming in better than expected. Core ppi in line with consensus. Retail sales light. As for the picture in europe, take a look there. Really following the cues of the u. S. Markets this morning. Our road map today starts with the fed announcing a new round of stimulus as chairman ber bernanke warps the fiscal cliff is hurting growth. House Speaker John Boehner expected to talk on the cliff talks 11 a. M. Eastern time. Told you this week, of course, they were talking actively, now, Sprint Nextel offering to purchase the other half of clearwire it doesnt own. Surges of best buy surging on reports that the founder is on the verge of making a formal takeover bid. And google maps has found its way back into apples operating system. Of course, we have to start off with the markets. Dows fiveday winning streak has been snapped, despite the fed announcing a new round of stimulus. Chairman ber bernanke say worries about the fiscal cliff ar
Well, the likes of amazon and microsoft. Buy, buy, buy. Dow gaining 61 points. S p rising 4 . These big capitalation companies blue chips jump up as theyre junior growth stocks. Once theyre in orbit, they keep flying higher. 3m, boeing, honeywell. After all of these, who can back the next . I say look no further than apple. Theres a lot of chatter. What apple has to do to get its stock moving higher. Thats in part because carl icahn has managed to hijack the debate about the soul of apple. Icahn wants apple to move the shares up with its own buying power. It is pretty easy. Apple should stop sitting on all its idle cash and start doing something. Twitter wants to come out for 15 billion. Boom, i bay buy it for 20 billion. Apple is not getting any credit for its cash or it wouldnt have attracted icahn to begin with. These big time port will folio managers hear one thing and one thing only. They are expanding because they are being wrapped up by the consumer. Higher gross manager mean pe
Tomorrow. Dan . I hate this market here. I think the risk reward how do you really feel . Horrible right here. Bearish positions. Im long the sds and spy february puts. Booekers . We are at the end of the day, but also the end of thes thing here. I dont think that europe is fixed at all. So, you Short Deutsche Bank here, db. A lot of drunk people out there right now. Im melissa lee, thank you for watching. See you tomorrow at 5 00 for more fast money. Got the ceo of yelp tomorrow. I am jim kramer, welcome to my world. They are nut, they know nothing i like to say, there is a bull market somewhere. Mad money. You cant afford to miss it. My job is not to entertain you but educate you. Yesterdays hideous, awful, terrible market. Where, we got hammered for more than a percent. Bringing out the nasayers. House of pain. House of pleasure. It climbed 99 points. The nasdaq. 1. 29 . I understand the importance of answering that question. When we get a pull back, i tell you, buy buy buy. Buy thi
Lynch upgrading the stock to underperforming. Theyll release a statement about the potential buyout. Weve been watching the futures all morning. If you want to take a quick look, after yesterdays big pullback, some people thinking that was the beginning of the pullback, you will see the futures indicated higher. Up by almost triple digits. Dow up just by 84 points. We want to thank our guest hosts today. Great to have you guys. Thank you both. We dont necessarily come as a team, but sometimes. Now its time for squawk on the street. Futures higher trning, thats something the bulls might say, dont call it a comeback. Were still here. Im carl quintanilla, with melissa lee, jim cramer is here, and david faber. Europe stabilizing as service pmi showing overall slowing of contraction. In china, services pmi accelerating to 54. As markets climb back from the s ps worst day since november, is todays market going to demonstrate investors willingness to buy the shallowest of dips. The business t