Management we dont talk about it enough on this show. Once money has been given enough to a specific business sector you have to stay within that business sector no matter what. Today, with the dow dipping 15 points nasdaq climbing. 02 , we saw this dip large, and to find the winners and losers with a host of secondtory sectors and i bet it will do the same thing tomorrow so listen up. The history of tech in the last year is pretty darn interesting. For most of 2014 money will be pouring into what i call plain vanilla technology. The Power Industry the cell phone, what do stocks have to do with Enterprise Spending theyre the back bone of modernized computer business. Slowly, though the interest of what some have described as old tech have gone away. The intel with microsoft and what they need to keep their stocks roaring, they gave you remarkable lines in 2015 guys those were the standouts. Those were a bit of can you do better than that in both of the quarters. Now, if you believe tha
There, literally that i was going to put a gloomy spin on everything i read and heard about the market. A market where the s p declined and let me tell you something, staying negative on this market was tough literally from the moment i climbed on the elliptical for the 4 30 a. M. Workout after some nasty tweeting and i turned on the tv and what do i see . Well immediately i was greeted with a report of bond rates. 1. 38 and italian tenyear 1. 4 . They are record lows. In other words you hardly make any money buying bonds over there. Those levels may not mean anything and i dont talk about europe but listen up, november of 2011 both countries were having liquidity crisis. The banks that owned the solve earn debt was teethings on the brinks. And in just a couple maybe five days with a single data climb of 400 point when is the data in italys bonds broke through 7 . Huge bets were being made these countries with portugal and ireland would default. Fast forward from today with the others
Sessions where we rest and recharge. For what . For the next assault higher. The move im watching for like a hawk is the takeout of the nasdaqs old highs. You know i feel that its long overdue. Im not afraid of it. Were on much firmer footing these days versus 15 years ago. The Companies Leading the charge now for the most part arent that expensive, with the exception of amazon and netflix. And im hoping we wont hear tales of irrational exuberance. If we breach that i go know mainous wall even if done with amazon and netflix and apple at the vanguard. You know what netflix is a real good place to start the game plan for next week. Because those of us who are subscribers to netflix know that at 6 23 a. M. This very morning, the new season of house of cards became available. Did you get your email . I did. I always tell you netflix isnt a play on earnings per share, its a play on signups per share and i expect them to be voluminous. Big lookout monday for analysts itching to raise their
By at the capitol to give us the inside scoop and tell us what he wants. Meanwhile, the market rally came to a screeching halt. The dow fell 135 points on the day. The Fitch Rating Agency has put the u. S. Credit rating on watch which could send stocks lower tomorrow or maybe not, actually. Could be a great buying opportunity. Dominic chu is watching your money. The incomparable ann colter. Question, does she think the gop should keep fighting or retreat . Well hear from her in just a few moments. Another dramatic breaking news report of the kudlow report is starting right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Feverish negotiations continue on capitol hill. Were getting closer to the october 17th debt deadline. The house was set to vote tonight on a republican plan but that apparently is not going to happen. Joining us now live from washington, d. C. , cnbc contributor, robert costa. Good evening, robert. What happened . Why isnt the vote being voted
To get rid of the grid . The bloom box is intended to replace the grid for its customers. [ticking] lets say if you spilled something on it. Marty cooper looks on all this with pride, amusement, and some dismay. When i throw this against the wall, youooh. And with good reason. Hes the father of the cell phone. How do i remove . I know how to add a but say i want to remove that one. Welcome to 60 minutes on cnbc. Im lesley stahl. Investors always hope to be on the ground floor of the next big thing. Thats why Venture Capitalists risk fortunes developing new inventions and new products that sometimes transform how people live. We begin with snus. With cigarette sales falling, the smoking industry is going smokeless, introducing new Tobacco Products such as snus that are nothing like your granddaddys chew or dip. Companies like r. J. Reynolds and Phillip Morris say this new generation of Smokeless Products helps tide smokers over when they go places they cant light up anymore because of s