Year low today how low will it go first, the dow started off the week sinking, then soaring back to close before 26,000 for the first time to close right under that key level as volatility today the vix surging 20 even as the markets soared and the ten year yield hit its highest level signs 2013 s. Volatility back for good is this a sign we are starting to see cracks in this rally, guy. Are you grooving over there, guy. He is boogying. Im taking it all in. This was my wedding song. As it should be. Lot of people out there, crack, s p close at an alltime high, russ areal was up. Tuesday was a fake out it signalled for me the potential of a shortterm top. That lasted eight hours. What is interesting. Bob pass any was talking about unperformers and he mentioned materials. I love bob but i dont know what he is talking about because mack moran closed around 20 bucks thats tims trade for the last six to nine months continues to work i think materials. Banks reversed today i think the rally i
Fargo now that the hearing with ceo john stumpf is over. And the man behind the famous competitions will join us to discuss the race to space. Peter diamandis is here. We have john down here over at post nine and our own rick santelli. Jonathan, there is a couple of ways to look at this, right . It looks like everything is coming up roses but is this because there is this sense that the Federal Reserve is stepping back here to let it rip. It is the same sentiment felt. The concept of raising Interest Rates in 2016 is not completely off the table. They have dangled language in front of us. I think that kept people complacent and the market complacent for a very short time. We are looking forward to december as to what is going to happen. It seems the fed a year ago said lets raise rates now and address again in a year. We have december 16 on the calendar. The market is back into the range that we saw for six weeks during the summer time. 2,150. I think we will stay here for a little bit
In what may be the quietest day in the quietest year, or the quietest week of the year. And im sure people will be skeptical about it for exactly that reason. Nevertheless, its interesting to sit here. I remember when we had our dow 11,000 hats, we had repurposed one of those and here we are dow 17,000 and change and s p 2,000. Well, the top sector since the s p hit 1,000 back in 1998 is energy. Ah. In an hour of fast facts about the market, thats one. Yes, and they will be flying, so stay tuned. We will keep them coming. And if Atlantic City is dying, why is the borgata firing on all cylinders . Were also going to be speaking with boyd gamings ceo, keith smith. Thats the Parent Company of borgata, about what hes doing right and why others cant seem to catch on. And the king takes on the president. Burger king defying president obamas call for economic patriotism, pursuing an inversion deal with canadian coffee and doughnut chain tim hortons. Wall street seems to love it, the deal send
Failed to deliver on a Key Campaign Promise for his base. The president has failed in his attempts to bully his attorney general into resigning. Jeff sessions vowing to stay on as long as trump sees that as appropriate. The president did succeed in unifying practically all of washington against his treatment of the attorney general. The president has failed in his attempt to change the conversation with his tweets, banning transgender troops from the military. The chairman of the joint chiefs of staff saying the pentagon will not make any changes to its transgender policy until trump clarify what is he meant, quote, in the meantime we will continue to treat all of our personnel with respect. In effect saying, no, mr. President , no. And the president even managed to fail with his address to the boy scouts of america. The head of the group now apologizing to its member for the president s rhetoric. And good morning, everyone. Its friday. Thank god its friday, right . A lot of failures o