Almost creeping down to 52 on west texas. The ten year steady at 2. 18. Our road map begins with the last trading day of the year. Full day. No half day for the markets on this new years eve. Better than expected weekly jobless claims number helping futures point slightly higher this morning as investors look to end 2014 with a bang. Sony hack sent the company back to the stone age. Forced to revert back to note pads. And why ipads could make a comeback in 2015. First up, stocks are edging higher a little bit. Brent crude hitting new lows this morning. Jobless claims up to 298. All major indices solidly in the green. Nasdaq up 14. 4. Russell up about four. Well talk about sort of the annual performers. The best s p stock, southwest airlines. Worst s p, transocean. Ibm has the dubious distinction of being the worst dow component two years running. Thats not happened since 1995 when it was bethlehem steel, believe it or not. I guess the other ones on the dow are the Oil Companies . Chevr
Mediocre, find a cheap index fund, mirrors the s p 500. Then i look at days like today where the dow climbed 400 and the nasdaq jumped. 63 . Im thinking wait a second, why should you have to settle for average when theres so many ways to win with a host of good stocks that can make you serious money on a daily basis that i am promising you you can find yourself. Lets just take a snapshot. A slice of today. Now, you might have been watching janet yellen give a good account of why we should stay the course. Me, my mind wanders. Always wandered to the tapes since 1979. Im looking at whats going higher, what are the commonalities, can they be acted upon . Here at a random noon hour from earlier today are the biggest winners. Remember, this is a senanapshot. Im thinking theyre all accessible. A big one is mylan. They can make cheaper drugs when the patents expire. And teva, remember them . They need to grow by doing an acquisition in the space. From the tone of Conference Call after mylans
A staggering 121 New York City hotels accounting for more than 16,000 rooms have been taken off the market and converted into shelters for migrants raising concerns that the shrinkage in available rooms is contributing to higher room rates for tourists.
The thousands of people living in shelters set up by the city, which has received nearly 200,000 immigrants since 2022, denounce the lack of a long-term plan. Since last week, the situation has worsened with cuts to the maximum length of stay
Former Row NYC Hotel employee Carlos Arellano claims hotel staff are expensing the city for any little thing they can and profiting off its Sanctuary Hotel Program.