Chaos. Power lunch starts right now the dow is hanging onto gains. The s p 500 is in the green. If it finishes lower on track to snap a 7week winning streak check out the big winner target the best performing s p stock this week. Shares jumping double digits after its earning report earlier. The stock sitting near record highs. With those weekly winning streaks in jeopardy, are stocks setting up for the winter blues. Bob is at the New York Stock Exchange its way too early to get bearish. Look at that big move up for the month of november, all the right stocks have been moving thats sickically cal sectors. Banks are up the industrial sectors are up. Energy is up health care is doing great thats a little more defensive where is the markets now its important to remember why were at highs theres three reasons why were hitting highs. The fed is neutral and has been expanding its balance sheet. They are tariffs, there is no expansion of the tariff war yet. The market believes there will not
Forecast for brent crude saying oversupply is likely to peak in whos doing it best. The Second Quarter of the next and candidly, new york really year. Those prices are looking at a was doing the best work in this near fiveyear low. And the worst case scenario, brent could fall as low as 43 space. Were in a good position from a in the next six months. Thats something to be watching. Budget point. Andrew, over to you. Thank you, becky. On a cash basis. Good morning. We have Corporate News this morning as well. Here are the stocks to watch. Reaching nearrecord levels. The first one out of the box is im comfortable well be able to merck reportedly in talks to buy absorb and pay for the costs. Cubist pharmaceuticals to make and im also confident that the antibiotics and they will pay entrepreneurs coming with roughly 7 billion. Foreignborn citizens and thats more than 34 premium. Immigrants will more than contribute their fair share to also in other drug news, bristol atlantas economy and m
United states should be in the conflict in the middle east. Here are the numbers. You can also find us online. You can tweet us cspanwj. Facebook. Ee spoc here is the have one of the washington post. Secretary clinton will travel to the middle east as israel always risky choices on and gaza. Clinton will travel to the middle east today to discuss ongoing violence in gaza according to white house officials she will talk with leaders in jerusalem, ramallah and cairo. Issues leading the east asia summit that president obama is an app. The death toll in the gaza strip surpassed 100 on monday. With evidence that an egyptian a truce is in the side. Ben rose, the Deputy National security adviser for Strategic Administration at the white house says clinton and obama have been talking about this threat to the trip. Throughout the trip. They discussed the way forward. They concluded the best way to the dance discussions with leaders is for secretary clinton to take this trip beginning with our c
Washington the new fed chair janet yellen will stick with the Central Banks current policies and lawmakers in the house agreed to issue money to cover u. S. Debt. Green mountain faces a lawsuit. Illinois based tree house foods is suing the Coffee Company for allegedly attempting to illegaly maintain a monopoly on pods for its upcoming keurig coffee brewers. And, graco recalls 3. 8 million car seats due to a possible buckle defect. It coveres 11 different models manufactured betwen 2009 and and 2013 time now to get some commentary coming from larry shover of sfg alternativeshes watching the market for us today. Good morning larry. Good morning. Was yesterdays rally mostly about janet yellen and her comments to the lawmakers on capitol hill . I think a combination of both of them really did help the market yesterday. Keep in mind that people didnt realize or didnt know if yellen was going to carry the baton for bernanke and she sure delivered with a great q a yesterday. She absolutely di
Crimes are committed every day by people from all walks of life and for a wide variety of reasons. It follows, then, that perpetrators wear all manner of