Scott bauer of trading advantage is standing by. Good morning scott. Good morning angie. You have your eyes on stocks to watch in 2014. Lets start with the financials. What would be your pick in that sector . The financials are really what have led this market higher in the past couple of years and now that weve already seen one tapering with more to come, rates are going higher and quite frankly the banks make money when rates go higher. I love Goldman Sachs, i love jp morgan, i love the entire Financial Sector so if you wanted to play it just on a macro basis, you can go into the etf or the xlf, but really goldman and jp morgan is what im watching. What would your play be on the consumer and Consumer Spending just for everyday goods . The Economic News has been pretty good. I like the Consumer Staples industry. I like the procter and gambles of the world. I like cocacola quite frankly. These consumer staple stocksthe ones that have just not really outshined the market but have just t
Scott bauer of trading advantage is standing by. Good morning scott. Good morning angie. You have your eyes on stocks to watch in 2014. Lets start with the financials. What would be your pick in that sector . The financials are really what have led this market higher in the past couple of years and now that weve already seen one tapering with more to come, rates are going higher and quite frankly the banks make money when rates go higher. I love Goldman Sachs, i love jp morgan, i love the entire Financial Sector so if you wanted to play it just on a macro basis, you can go into the etf or the xlf, but really goldman and jp morgan is what im watching. What would your play be on the consumer and Consumer Spending just for everyday goods . The Economic News has been pretty good. I like the Consumer Staples industry. I like the procter and gambles of the world. I like cocacola quite frankly. These consumer staple stocksthe ones that have just not really outshined the market but have just t
203,000 people were hired last month. The Unemployment Rate fell to 7 from 7. 3 the dow rallied nearly 200 points on the news closing above 16,000. The nasdaq jumped 30 and the s p 20. Gold and oil had moderate changes. The sec is reviewing barnes and nobles accounting books. The bookseller admited earlier this year to overstating its finances. Shares fell 11 friday. And, the tsa reports a half Million Dollars in loose change was left behind at aiports last year. Chris gersch of altimus capital joins us for a peek at the market this morning. What a reaction to the jobs report on friday. What is the market telling us . What a reaction is right. The market is telling us that if youre a seller please stay out of the market. We open up way higher on friday and we continue to stay higher. We have fantastic Consumer Confidence numbers that come out that continue to get higher. We had yields coming down on the 10 and 30 year causing a lot of money to flow into the equities. Despite low volume
Genesis, the luxury brand of Hyundai Motor America, continues to fine-tune its very impressive vehicle lineup with the launch of the 2025 GV80.The newly redesigned GV80 is the first model change in over three years, featuring exterior and interior enhancements to improve performance and handling, comfort, and safety.