on another 16 points, while gold ran up $24 and oil rallied 94 cents. in earnings after hours, groupon topped targets, while tesla turned its first profit. shares zoomed 25% higher after the close. and brewing up a deal: starbucks and green mountain tell cnbc the competitors are making it possible for customers to use some starbucks single- serve packs in green mountain s keuring brewers. will it be another record day for the market? todd horwitz of average joe options joins us. good morning to you, todd, and what do you think will be the next big market movers? - i think what you are watching now is the market trying to make a decision where it wants to go. what we are looking at here is a market that continues to go higher in the face of any news, it doesn t really matter. so, what we want to really watch here is, first thing, we want to see what happens with the jobless claims this morning. then we want to see what is going on with the volume and volatility. if volume and
yesterday in a big way along with gold and oil, mostly on word the fed sees slowing in the economy and may reduce or increase its bond buying program, which has been stimulating the stock market. facebook has a mixed posting. the social media company missed on earnings by a penny, but revenue was better-than- expected on ad sales. the company also reports the chief accouting officer is leaving. and apple s hot bonds: the tech giant is offering a landmark $17 billion in bonds, which have been trading in extremely high volume for two days now. todd horwitz of average joe options joins us now for his outlook on the trading day. always a pleasure to have you on this show. - good morning angie. - there has been a lot of chatter going into the ecb rate meeting today. how big of a deal is this to the market, or is it just a lot of chatter? - i think it is a lot of chatter. however, draghi has been on the tack that he is going to do anything it takes for the market. if he pulls anywh
gold pushed back $14 and oil dropped $1.99 on concerns about soft demand. ebay and american express fell in the after-hours session on mixed earnings results. among the highlights, ebay s forecast was lighter than expected and american express revenue fell short. and according to the beige book, the fed sees moderate growth in the economy led by sales of homes and cars. todd horwitz of averagejoeoptions.com joins us on this thursday morning for a good look at the market. good morning to you. - good morning angie. - fears are rising out there. the volatility index, the vix, made a big spike this week. what is that telling investors and traders? - i think what you are looking at here angie is the markets are starting to turn over a little bit. we had a little sign that volatility was going to increase as the bond market was going higher, as the equity markets, the stocks that were being bought were more in the defensive sector. so now finally options are being bought instead of
troubled waters for canival s triumph. the ship broke away from a port in alabama and drifted across a river. it s the same ship that left passengers stranded on the ocean. one worker was missing following the mishap. and president obama is taking a 5% pay cut, retroactive to march 1st, in solidarity with federal workers who are losing thier jobs due to sequestration. over ten months it amounts to 17 grand. todd horwitz of the adam mesh group joins us now for a closer look at today s trading action. todd, this one could get interesting. we had that major sell-off yesterday. does that have to do with the fed possibly ending the bond buyback program? - good morning. you know, i think that more than the bond buyback program, because the treasuries were significantly higher yesterday, i think what you really want to take a look at is the action indexes such as the russell. the russell sold off 4% this week already, which was indicating that the market was looking for a reason to
the s&p comes within 2 points of a record close. the dow hit an intra-day high. gold ramped up 8 dollars. a pension plan out of califonia wins the right to sue jp morgan for losses tied to alleged risky investments in lehman brothers. the wall street journal reports chevron s board is cutting bonuses of top execs in the wake of accidents and mishaps. and amtrack is asking congress for $2.1 billion to upgrade its track system and buy more trains. let s check in now with todd horwitz of the adam mesh trading group for what will be the final trading day of the quarter and the week. good morning to you. > > good morning. how are you? > i am doing very well. what do you expect out of europe today? > > you know, i think that everybody is watching cyprus, although it is such a small, minor thing. but, i think what will happen is, depending on how the banks react - if they do open and what the reaction is going to be like if they are open. i do believe that the u.s. markets are proba