That is because it was such a huge success they are now turning people away. They were supposed to be collecting donations here until 7 00. They called it quits around 3 00 this afternoon. Hundreds of people had to be turned away, again, just too many donations coming in too fast. So many poured in that the good will fire station had to feigned a warehouse a few miles away to store all of the excess, they collected enough to fill several tractortrailers. All of this to help the people is it displaced from thursdays massive fire at the barclay friends Senior Living center, about 160 residents out of their home. Traffic was backed up for blocks with people trying to drop off donations. A lot of new items brought in, clothing, but wheelchairs, walkers, commodes, even dentures. We asked volunteers if they were surprised by this response, they told me this just what this community does. West chester is a community of people who care for each other and thats what were doing, caring for each
Percent. Shanghai stocks down by close to 1 a decline of more than nine tenths in europe there have been some green arrows the dax is up by. 2 the cac is up by a quarter percentage points. Stocks up in italy, spain and london crude oil prices which ended last week just shy of 59 a barrel, check this out right now, down by about 44 cents. Still, wti trading above 58 at 58. 51 a barrel. Now this morning the big news of the day. Publisher meredith buying time, inc. , for2. 8 billion thats the price meredith will pay 18. 50 for time, inc. It publishes wellknown magazines such as time, peopl people. Meredith received 650 million a lot of people raising questions about what this means. Raising 650 million in backing from the billionaire Koch Brothers, charles and david koch are widely known for supporting conservative causes. They say the magazine business is a good investment in the press release koch industry says it will not have any seat on merediths board and will have no influence or e
Does seem to be pretty good between now and the end of the year. Well, i mean, look, just from a Bigger Picture, we talk about trend a lot and i think you have to respect the primary trend, and so from that standpoint lets review what went on last week, a holidayshortened week but so what. A new record alltime high in the nasdaq and the dow, and then you had the canary in the coal mine that was supposed to be down and a new 50week high in the lts so you can look at all these things and say im going to go the other way of things. Youll be on the wrong side of history of over 100 years of market data that we have Bigger Picture the trend is still higher doesnt mean that you cant have a deterioration in the internals and get a correction of course, you could, but im just pointing out thats not whats happening now get a day like today, the market hits new alltime highs at the open and people pull back and whats the reason . Is it north korea . Welcome to sell on that news if you want, but
Investment versus a weak one and what happens when the facts change tonight im going to show you in real terms what can go right and what can go wrong, because i want to teach you how to learn from both my wins and my mistakes so you can replicate the wins at home, but avoid the losses. These are all taken from real Life Investments made with my Charitable Trusts. Where we document every trade in realtime so we know what went through the minds of both jack moore, our Research Director and myself contemporaneously. As we tell you what we would do before we pull any trigger. So often were restricted because if i mention one of the portfolio stocks on air on cnbc, the trust is frozen and the trust cant take action. But we can tell you what the trust would have done. Sadly, because of the restrictions the trust really cant do as well as you might be able to do with the bulletins but these lessons we learn tonight, they encompass all the moves we did make and couldve made. Ill share you the
Telling cnbc we may not need the type of tax cuts being proposed. We have those details coming up. And a major deal in the media space. Maybe youve heard about it. It brings together bbetter home gardens and people magazines, Meredith Buying Time Inc for nearly 2 billion. Will this pave the way for more deals especially in the media sector where theyve been trying to get them done we have that coming up in a little bit. First, our top story today, the cyber monday surge amazon shares hitting yet another alltime high today. Courtney reagan joins us from an Amazon Fulfillment Center in robbinsville, new jersey, with the very are you packaging anything and sending it off as well reporter no, no, im not allowed to touch anything, so i will not be touching anyones packages dont you worry about it amazons prime day, bill, actually still Reigns Supreme at least as far as we know for its biggest day on record. Last year on cyber monday, amazon shipped 64 million items worldwide. Thats what was