Getting a nice boost from earnings well talk to the ceo in a cnbc exclusive, coming up another day, another record for bitcoin. The cryptocurrency surpassing 15,000 for the First Time Ever bitcoin has more than doubled in the past month its moving in thousanddollar increments now every day at this pace, the journal this morning says the it would end the year above 2 million, at this pace. Well, i think that people have to recognize that bitcoin is not created in huge amounts you can mine bitcoin using some nvidia chips or some advanced microchips but theres just not a lot of supply almost minimal at the same time, i have never seen a level of discipline of the buyers you obviously cant they must be afraid to short this thing. But the buyers are not letting things go. I mean, typically, you bring out sellers when you have this kind of parabolic move. Where are the sellers . I dont know. If were going to continue to have the same conversation every day, i think you and i and were going t
10year at 2. 44. Our roadmap begins with Unemployment Holding steady at the 17year low. Futures point to new records of the open apples chip response confirming its products are vulnerable to that security flaw and the Corporate Tax response, bonuses on the way at jetblue and billion plus q4 earnings hit over at Morgan Stanley december nonfarm payroll growth missed forecast, we still saw 2. 1 million jobs added in 17. Average hourly opens up 2. 5 from a year ago labor force, unchanged, a lot of discussion of the amazon effect, whats happening to retail. I think so, i was disappointed obviously you want more jobs and more people to be hired to get a little increase in wage. But this is whats happening i spoke to Planet Fitness yesterday, Interesting Company i i. Theres a lot more people who work at the sears and kmart than there are Planet Fitness and thats the old and new economy canting amazon and sears being wrecked by ham zon. In retail, warehousing up 30k, couriers, up 19k. Isnt it
Look at the green arrows back this morning, even though the government could potentially be shut down. S p futures up by 4. 5. The nasdaq up by 19. Well talk more about that potential Government Shutdown in a bit. Overnight in asia, the nikkei higher. Up 0. 2 . Hang seng up by 0. 4. So was the shanghai in china in europe, at least right now green arrows across the board. Biggest gainer of the major averages is the dax, which is up by almost 0. 9 percent. The tenyear yield hitting 2. 64 yesterday. Thats the highest level since september of 2014. Again, concerns about the Government Shutdown really pushing things well see what happens to the tenyear when and if a budget deal is found. Right now it looks like its setting in at 2. 63 . Some big headlines this morning. Ibm returning to Revenue Growth for the first time in five years. Shares are down. Theres weaker than expected guidance overshadowing that news the company beating on the top and bottom lines but took a charge of 5. 5 billion
Our own tenyear back to 220 we begin with riding the record run on wall street futures point to moderately lower open plus, dinner and a deal or no deal conflicting reports on an immigration agreement after President Trump dines with Democratic Leaders schumer and pelosi. Equifax blaming vulnerable web data, down 30 in the past week after another recordsetting day for stocks, the dow is on track for best Weekly Performance as we have two more sessions together again. Were kind of running out of catalysts. I got up and said, lets check the research its like, wow, okay, i see theres a note out about Tenet Health Care and whether thats going to be able to get anybody to buy it. And then i see a couple of notes about a couple of obscure companies that are too small to talk about emerson having good orders im saying, wow, im going to have some of your granola. That, theres a little sell side maybe theres something on coors out of jeffries, a lot of microcorporate incremental news. What i wa
Also raised. Very interesting cutting edge, well talk about that. An fda panel backed an experimental Breast Cancer drug. Shares of the company soaring, it was up 50 on monday in anticipation of this. The news came out now, another 26 . Meg tirrell will have details in a little while. Puma is good jumpers, we know theyre fast and can get up a tree. The name of the km is puma biotech, not a totally nonsec ter. Treasury secretary mnuchen making comments on the debt ceiling. Reporter thats right, he was testifying before the house ways and Means Committee and called on lawmakers to raise the debt ceiling before the august recess. I urge you to raise the debt limit before you leave for the summer. It is absolutely critical that where we spent money, that we keep the credit of the United States as the most critical issue. Reporter he said that he believes congress should pass a clean bill, meaning that nothing else should be attached to it. Thats already running into resistance from conserv