The central italian city of much a rotter the attacks are believed to have been connected local media reports the victims were of african origin and suggests the instance may have been racially motivated the suspect who police say isnt a talian national has been arrested and comes after this member body of an eighteen year old talian girl was the scabbard hidden in two suitcases near not your router and the jury in migrant was arrested in connection with the death we spoke to tell you journalist about how the country is reacting to the issue of immigration. At the moment we have a lot of arrivals and the utopia. Is not is leaving alone in facing these issues if the situation is not managed to properly we will have probably an escalation of aggressive campaigns and of course these kind of aggressive campaigns. Can lead to more violence in the future. Turkey and greece have reignited a decades long feud over the sovereignty of two small islands in the g. And c. Has even threatened violen
Some stocks hit hard yesterday bouncing back this morning apple, amazon, netflix and invidia. Apple is helping to ush about the dow to an intra day record high lets bring in our global vins tore wall pter price. Good morning so a couple things make me nervous. We have had multiquarter runs on a lot of these stocks, an he will up more than 50 percent offer 12 months. Not a binary choice, but what do you do with it here if you have it already do you add to it or sit tight . Were sitting tight right now. Although the stock is town about down about 6 port st. Lucie t6 s i think the earnings will be better than expected. About down 6 the last few days. I think the earnings will be better than expected and with an he will you haapples waiting for the new iphone so earnings wont be exciting until they announce that new phone in september do you have an opinion about what is going to be a catalyst in the back half of the year, not just for apple, but tech stocks in general . How much of an imp
Nothing the last couple of weeks . I think the last ten days, weve been talking about the distinction between having a longerterm portfolio and wanting and needing the exposure to technology and really not touching the technology in the longerterm portfolio. This is a shortterm trading event. I think today we are bouncing. I dont think its over for a lot of the volatility that were seeing in the fang names we could see more, if you want to selectively buy in your longerterm portfolio, im fine with that, and as far as getting out of amazon, longer term, i dont think thats the right thing to do. Okay, difficult to get inside the head of somebody whos not sitting here to answer the questions himself or herself but weiss, what does it say when a guy who runs a tech fund at a big place like t. Rowe price, whos beaten 99 of his peers over the last decade has said enoughs enough on amazon and says the following when sentiment lifts, that is when we usually take money off the table. That is ha
Are soaring today after earnings were going to have ben axler who was sure to tell us what hes doing with the stock now. First, lets get to our Closing Bell Exchange for this day with the dow up 78 points in record territory samantha is with us. Shes at post nine with steve grasso from Stewart Frankel and rick stan telly, im sure is still reading over the feds statement that came out an our ago. Its very extensive there. You know, steve, we were talking last week about how even when a Company Reported better than expected numbers, the move higher for that stock was limited whereas if they came in below expectations, they were punished greatly this week, a whole different mindset it seems whole different script. When you come in with different numbers i think this market is really, i use the word torqued i feel it is torqued to want to trade higher waiting for an event to make it go all in. Last week we had netflix trade up 9, 10 after the print. Today, boeing, you start to see these th
Announcements from the donald trump transition today. First of all, Jeff Sessions as the choice for attorney general. The alabama senator is someone whos been a sharp critic of immigration both legal and illegal, someone who was rejected by the senate for a federal judgeship during the Reagan Administration because of his racial views. Then for National Security adviser, Lieutenant General Michael Flynn, a fiery critic of what he calls radical islamic terrorists, and he is very forward leaning in using that term. And finally, congressman mike pompeo from kansas, who is a tea party member, also somebody whos been very confrontational in terms of going after islam and calling it in terms that the Obama Administration has said were counterproductive to the fight. Now, mike pence, the Vice President elect, who is now leading the transition, expressed satisfaction today that everything is moving on track. Making great progress. Great working with the president elect. He is a man of action.