Unraveling the dow gained 131 and s p inched up but tech, yes, the tech heavy nasdaq declined. 60 . I say get used to this this kind of volatility is now here to stay i think september is the month this whole new investors who believe that stocks only go up, i think they get a rude awakening. Sure, long term stocks do go higher they have. They tend to do so but not long run, were also dead short term, when they go down, they go down hard. Which is why you need some cash on the sidelines cash king to treat these pull backs as buying opportunities and not be afraid. With that in mind, whats the game plan for next week . Housing is among the strongest groups thanks to low mortgage rates. Thats how lenar could rally 40 . I dont want to hear this gain is fake because the Federal Reserve is propping up the economy. When you take that money to the bank, they dont care. In our reports on money and after the close and unfortunately, i think the easy money here is made even though i think its a
We did not expect to be in this position at odds with our own government, but we believe strongly that we have a responsibility to help you protect your data. Reporter then apple showed off its newest gadgets where small is the theme. A fourinch iphone starting at 399 and a t10inch ipad prostarting at 599. Still a market for small phones. Small phones and lower prices. The two seem to be going together. Reporter a small phone and a quickly changing legal battle. Very quickly, instead of spending tomorrow tracking the progress of a court case, we will be spending tomorrow and i m make begun some days after that tracking the progress of the fbi has it tries to hack into an iphone. Its all unfolding right now. Thank you, scott. Apple making an unexpected move in todays Product Launch slashing the price tag of the apple watch. It will start at 299. Thats 50 less than the old version. Many tech analysts say the price cut indicates sales in the apple watch have been sluggish. Our coverage on
Editor. Kicking it off today with amazon. A record Holiday Season with more than 3 million prime members joining during just the third week of december. The company also saying nearly 70 of its customers shopped using a mobile device. We know amazons numbers would be big. The fact its now saying 1 of the u. S. Population signed up for prime in one week. Yeah, big, big number. Shortened time frame. I think theres a lot of consumers are seeing the advantage of signing up for the service so they can get free delivery or quicker delivery especially in time for the holidays. Theyve also been doing a lot more marketing around prime. That this thing exists and this is the benefits. Do we know if these are actual paying subscribers or people using the free trial . Theyll use the free look, theres going to be a big churn on that for sure. Big free trial moment. Theres a good chance the bulk of them will stay on after the 30 days or the first trial month so its a big thing. Amazon tells us as th
After scoring a major win Monday in the New York civil fraud case against him, legal experts say whether President Trump can make U.S. constitutional claims.