The worries of the pensioners, the widows, the elderly and the doctors on main street. A whole new address and a totally different gambit. Thats how stocks reported higher with the dow climbing 323 points, s p shooting up 2. 18 and the nasdaq soaring 2. 26 . For weeks now, the democrats have listened and addressed wall streets concerns about what happens to treasury bond holders in the event of a default. Oh, no, what would the big hotshot wall street bond owners do when their precious interest didnt get paid . Will the chinese, who own 1. 2 trillion worth of bonds get fed up with us and dump their holdings . Sell, sell, sell eventually causing Interest Rates to go higher. Ooh. Really scary. I was amazed this was the size of the debt ceiling ledger the democrats seemed to care about. Think about it. Can you imagine less sympathetic characters than the gangster bankers who took the bailout, lined their pockets and arent in jail. Dont we actually want to stiff those guys . [ buzzer ] or
The nasdaq jumped 1. 14 , its worth remembering that companies can and do change their stripes. Actually improving the business all of the time. Sometimes the moves are revolutionary and sometimes theyre evolutionary. Today, we heard from a cavalcade of companies and the results are remarkably positive and they made you a ton of money. Why dont we start with the most obvious one, Green Mountain coffee roasters. Which after today should rename itself Green Mountain coke refrigerator. Thats because last night cocacola bought a 10 stake in the company and are going to partner with them to develop a cold soda maker, a keurig, yep, for soda. Until last night Green Mountain had clearly peaked with slowing numbers. And the two high valuation. But bryan kehly, Green Mountains chronically underestimated ceo saw the weaknesses and thought big, partnering with coke to have a disruptive machine from the looks and the sound of it will be much easier to year and therefore better than soda stream. Pl
The widows, the elderly and the doctors on main street. A whole new address and a totally gift gambit. Thats how stocks reported high with the dow climbing 223 points, s p shooting up 2. 8 and the nasdaq soaring 2. 6 . The democrats have listened and addressed wall streets concerns about what happens to bondholders in the event of the treasury default. Oh, no, what would the big hotshot wall street bond owners do when their precious interest didnt get paid . The chinese, who own 1. 2 trillion back and forth of bonds get fed up with us and dump their holdings . Sell, sell, sell eventually causing Interest Rates to go higher. Ooh. Really scary. I was amazed this was the size of the debt ceiling ledger the democrats seemed to care about. Think about it. You imagine less sympathetic characters than the gangster bankers who took the bailout, lined their pockets and arent in jail. Dont we actually want to stiff those guys . [ buzzer ] or how about the chinese . Those rap patients capitalist
Worth remembering that companies can and do change their stripes, actually improving the business all of the time. Sometimes the moves are revolutionary and sometimes theyre evolutionary. Today, we heard from a cavalcade of companies that had changed their stripes, and the results are remarkably positive and they made you a ton of money in this fabulous session. Why dont we start with the most obvious one, Green Mountain coffee roasters, which after today should rename itself Green Mountain coke refrigerator. Thats because last night cocacola bought a 10 stake in the company and they are going to partner with them to develop a cold soda maker, similar to the keurig, yep, a keurig for soda. Until last night Green Mountain had clearly peaked with slowing numbers. And the two high valuation. But brian kelly, Green Mountains chronically underestimated ceo saw the weaknesses and thought big, partnering with coke to have a disruptive machine from the looks and the sound of it will be much ea
First, you come in this morning, europe is down, china is down, yet after an initial kneejerk negative reaction caused by the spillover from the s p 500 futures, the market manages to right itself with the dow ultimately going from bear to bull, gaining 71 points. S p advancing 1. 8 . Nasdaq climbing 1. 16 . How . Because like the old days, the u. S. Is once again the center of the universe. Europe can tighten. It can slow down. It can do whatever it wants, but finally it isnt falling off a cliff. Which is what matters. The bulls definitely want europe strong. And they have the United Kingdom on their side where there may be some tightening needed because the economy is so strong. But what we care, what we really do care about is whether the head honcho at the European Central bank is still in total ben bernanke mode, and he is, because he is trying to make employment thrive. European banks are coming back. And chinas trade with europe seems to be on track. Mind you, a slowdown in chin