And oil slipped 2. 18 in earnings after hours. Shares of Analog Devices fell more than 2 . Even tough the chip maker beat forecasts and tax Software Company intuit earnings met expectations with sales topped estimates. And ready to hit the road. Triple a predicts 34 million americans will travel this labor day weekend. The most since the recession. At the sound of the bell its larry shover of sfg alternatives here to talk about this choppy market. Good morning larry. It feels like we have hit very volatile days here. We have. Its summertime. We have a lack of liquidity, lack of attendance right now. Lets keep in mindwe have three housing numbers coming out. We have pmis, we have the fed speaking. So really the markets just looking for a new impetus to go one way or the other. Not to mention, these retailers reporting in really shake up the market as well. What do you well expect to hear from say target or lowes today on the heels of home depot yesterday . Lets keep in mind yesterday ho
I am sure this decision will not haunt you forever. Sttart dagen and connell, it is yours. Dagen what is going on with House Republicans . We are live on capitol hill. Why the gop cannot get it act together. Connell walmart with quite a recruiting all for today. Any returning military veterans who wants a job can have it. Why this is just a great business move how much of the 100 million fortune could he lose. Access to cash may be imperative these days. Connell lets start with nicole petallides. Good morning. Nicole good morning, dagen and connell. The Dow Jones Industrials down right now. The nasdaq and s p also lower. The nasdaq is down about. 5 . We continue to watch apple. That is one of the names that is a laggard. Hewlettpackard, american express, a few of the names coming under the pressure. The debt ceiling remains in focus. It is earning season. Lets take a look at facebook. It is up about three quarters of 1 . It certainly has gained over the last half hour. We are getting c
Thursday. After a long rally run. Gold buyers backed off their safe haven play by pushing gold futures down 41 dollars. Oil was the only sign of possible trouble with the syria crisis. As futures shot up 1. 13 per barrel. Boeing is ready to stretch. The jet maker reportedly has scheduled the first flight for its dreamliner 7879 for next week. Walmarts wage war win. The mayor of washington vetoed a bill that would have forced walmart to pay employees a living wage of 12. 50 per hour. The democratic mayor called it a job killer. And trader joes is reported to be Cutting Health care benefits for parttime workers. But will give them 500 to buy their own coverage on health exchanges. Lincoln ellis of Strategic Financial Group joins us on this friday the 13th. Lincoln, is there any reason to fear the market or should we be fearless . Friday the 13thwere sitting right close across all time highs across most of the major markets and weve got a big fed meeting next week. Maybe not fear but caut
Recall. Snow snarls commuters. A massive storm reaching from the midwest to northeast is dumping as much as 2 feet of snow. California has an almond crop calamity. Thousands of acres will go unplanted in the latest fallout from the drought. And stocks are stuck in a range. Yesterday the major indicies turned red. While gold pushed up 6 dollars and oil fell below 100 per barrel. Trader larry shover of sfg alternatives joins us on this wednesday morning. Good wednesday morning to you. Good morning. How would you describe this market larry . Looking back to friday and even yesterday the market seems really content to run in place for a lot of reasons. Right now were sitting near highs, people dont know what the next move is gonna be, a lot of consolidation and digestion. What about this unloading of oil in the market . Whats behind that move . Unbelievable. Yesterday below 100 a barrel and i think half of that is really inventories. Inventories came out much stronger than most people expe