Wait, were not done. Those europeans at it again. Climate change is destroying the planet and theres no one to bail us out. Weve got so much stuff we need the whole day to get through it. Varney company is about to begin. [ bell ringing, applause ] five tech stocks with more than a 10 . Change in aftermarket trading. All the tech stocks with a market cap. Of at least 50 billion. Are up on the day. 12 lowvolume stocks. Breaking into 52week highs. Six upcoming earnings plays. That recently gapped up. [ male announcer ] now the world is your trading floor. Get realtime market scanning wherever you are with the mobile trader app. From td ameritrade. President obama put on the spot in a corner. Bad pr on this shutdown. And the administration literally picking and choosing what to shut down and apparently inflicting maximum pain. To the grand canyon, oh, you cant take a tour, you cant look at it. Locals protesting that. And i dont see to suffer from that because its cost us a lot of money to
Things such as smoking, obesity and other Health Conditions can force even those with employerprovided insurance to pay more. I run about five miles a day. I dont drink. I dont smoke. And by the kaiser Wellness Program that a number of employees who we represent are covered by im two pound from being overweight. Kaiser said in the statement their program is voluntary and charges no penalty for individuals who dont reach the programs goals. The rules for such a program put out in a regulation say quote, the program must be reasonably designed to promote health or prevent disease. There is such a lack of precision in what is going on ut there that, it is kind of troubling that this was so heavily incorporated into the Affordable Care act in the way that it was. Wellness is very, very popular in the corporate world. Companies are just beginning to post some pretty severe penaltys. In workers dont participate they can be charged up to 20 of their health premium, going up to 30 in january.
Volume is a little bit light down there. You think people are sitting on their hands waiting for next weeks jobs number or what is going on . There is excuse to wait. Trend is very much intact. My focus is going on how the trend extending itself and indicators to gauge it. Im looking at vix. I dont trade based on what the vix does but i was concerned with the fact that the vix is holding stubbornly high, not correcting it all even with the stock making new alltime highs. We have the vix explosion in january. Were coming down. Today were down below 14. I look at a positive side. There is downside in the vix, left, meaning more upside in the stock market because were not very complacent yet. Jenna were losing more steam. Do you think acceleration continues and we give away gains . We were up 120, 130 points. Were dipping down. What do you think . Im still very, very positive. You have to understand we made new alltime highs. We continue to make new alltime highs. There might be profittak
True but look at gold today up 40plus dollars, back above 1,300. A lot of traders are wondering whether the market is responding to Janet Yellens comment yesterday that the inflation data has been nothing but noise. Well get into that in a moment. Private equity legend jay jordan says this market is overpriced and too risky right now. Where is he putting his money . Well ask him in an exclusive interview ahead. Looking forward to that very much. Also, netflix trading lower today despite that major announcement that Chelsea Handler is moving her late night show to the streaming Video Content Service in what is being billed as an historic move. But the market is not buying it. Not impressed. Youll hear from an insider who says this movie is not a slamdunk success for either netflix or Chelsea Handler. Thats coming up. Heres where we stand in the markets right now. Stocks under a little bit of pressure a day after the s p 500 set a new high after Janet Yellens comments and the federal res
Money. All this talk of bubbles and corrections. Look at the big board. The dow hit an alltime intraday high earlier. It was above 16,600, snapped a little down 12. The s p 500, that hit a new high, 18. 93 earlier, slipped a little, 18. 89 right now. But you have got to say stocks are doing well. There is a lot of naysayers out there pouring cold water on this rally. Some are warming of a crash like 1987. Look at this chart working its way around internet getting a lot of views and usa today, it is in there this morning comparing the current rally with 1987 right before the crash. Charles payne and sandra smith are here, our voices of reason. What do you say . Sandra be careful about making any decisions based solely on looking at this chart. I say that because what is happening in the markets now is different from what was happening in 1987 in the years that led up to the crash. We have an unprecedented level of involvement from the federal reserve, arguably prop it up stock prices wh