Fido and friends. Were down to two dogs. Were thinking about it. Another German Shepherd . Possibly. When you get door stops or something you always get bookends. His and hers. So they can sit by the edge. Id like to get a brother. Of zara. Yeah what a dog. All right. Well talk a little bit about the Second Quarter. It begins today and the bulls are hoping it starts better than the First Quarter ended. It was a rough session yesterday down for the year by closing down about 200 points yesterday. This is the first down quarter in the last four for the dow. But they ended up. It was slightly higher. The nasdaq is on a nine quarter winning streak. Thats the longest winning streak ever going back to its inception in 1971. Check out the futures this morning and at this point they look like there are green arrows. S p futures up marginally and the nasdaq up by over 7 points. The stories, the big ones were watching today the deadline with the talks for iran have been extended by a day. Were s
On sale. It says 62 of buyers purchased the less expensive sport model which started 349. Weve been talking to analysts in the last half hour about all of this. We may get numbers from apple themselves. In global news, chinas exports charge dropping a larger than expected last month. Stocks in china rallied today as the weak data added to expectations that the government will unveil more stimulus moves and speaking of china the world bank is trimming its growth forecast for the developing east asia citing a continued chinese slowdown. Activist Investor Jana Partners is urging qualcom to consider a break up. Jana wants the company to look at spinning off its chip unit from its patent licensing business. Jana is one of qualcoms largest shareholders. And symantec has been looking for buyers for its Storage Software business. Reuters says an interest from an potential enquirer has been limited because of a tax burden associated with splitting company. U. P. S. Plans to invest more than a b
Nasdaq,. 68 . Most nonprofessionals dont necessarily understand all the ways that stock can go higher. Sure, sure, they understand when a Company Reports sales and urge that the analysts will raise their earnings and boost their ratings. Incites more buying and less selling and a higher price. This he understand if the company gets broken up into little pieces like sarah lee, fortune brands, conico. They are much easier to understand than unfocused con glam mer ats. Much easier to buy than for ceos to manage. They get when an activist comes calling with walgreens or darden. Board room shakeups that produce terrific results for everybody. Pressure can be a good thing. Do you know what can propel a stock higher than you havent thought of . How about panicking short sellers who bet against, sell sell, sell the stocks of companies that you own. Then have to go buy those stocks back to extend their losses when events dont pan out negatively and real owners dont feel the need to dump their s
Oil under 40 bucks. Tenyear slipped below 1. 9 on a weak adp jobs number. Godaddy shares pricing above the expected range. Well talk to the ceo after the first trade. Simon properties withdrawing its offer for rival mall operator macerich after it gets rejected like we told you they would. Walmart Holding Investor Day at nyse putting pressure on suppliers joining the religious freedom debate. Futures are lower. Data from adp showing the private sector added 189,000 jobs last month, a miss. It was a mixed First Quarter for stocks. The nasdaq was the big winner up almost 3. 5 . S p up more than. 4 . Like the nasdaq posting its nintendo consecutive quarterly gain. The dow did finish the First Quarter in negative territory after the drop yesterday of 200 points. Earlier on squawk, sam zell believes stocks in fact overprized. Theres a significant and growing disparity between the stock market and the economy. Almost every company is turning in numbers that are less than expected. Revenue pa
And the with the arrows, Dow Jones Industrials down 15,749, the and the attendant to the green up 1 4 and the nasdaq 1 2 , there were concerns abroad particularly from china and we are focusing on janet yellen, that will be later tomorrow and lets look at macys up 9. 5 , as they own bloomingdales coming in with a good profit after last quarter. Lori the deputy chief Information Officer testifying before congress the administration underestimated the volume of users. Rich the hearing is now, the administration saying anywhere between 2025,000 users can log onto healthcare. Gov at the same time. By the end of the month they are doubling down on their promise the vast majority of users will be able to log on to that site. The one official, chief Technology Officer said we are working as hard as we can to hit the november 30 deadline. They are hitting the witnesses as to when this will be fixed and in the end how much this is going to cost. Does anybody know . If it is not working, does an