Stronger. Now the question is, are we in a crypto currency bubble . When could it pop . First, our lead. It is a redefining moment for the samsung note line as the south Korean Company unveiled the new samsung note 8. It is their largest phone yet and it could be the most important. After last years exploding battery fiasco, consumers could be hesitant to pick up their new phone, however, samsung is confident that the problems are fixed and wants to move forward with what it hopes will be its best mobile device yet. Selina wang attended event in new york and has more. I am in midtown manhattan for the unveiling of the samsung note 8. The stakes are very high for this phone to succeed since it is the latest version since the galaxy note 7 was recalled after reports of catching on fire and exploding. Lets take a look at it. The note has always been samsungs biggest phone. One with the screen so large, it has been compared to a tablet. Now, the screen is getting even bigger, measuring at
Stronger. Now the question is, are we in a crypto currency bubble . When could it pop . First, our lead. It is a redefining moment for the samsung note line as the south Korean Company unveiled the new samsung note 8. It is their largest phone yet and it could be the most important. After last years exploding battery fiasco, consumers could be hesitant to pick up their new phone, however, samsung is confident that the problems are fixed and wants to move forward with what it hopes will be its best mobile device yet. Selina wang attended event in new york and has more. I am in midtown manhattan for the unveiling of the samsung note 8. The stakes are very high for this phone to succeed since it is the latest version since the galaxy note 7 was recalled after reports of catching on fire and exploding. Lets take a look at it. The note has always been samsungs biggest phone. One with the screen so large, it has been compared to a tablet. Now, the screen is getting even bigger, measuring at
Ford, Kayla Tausche this morning at post nine. First it was utx, now boeing, and now donald trump has a new target, Lockheed Martin. Speaking with Chris Wallace on fox news on sunday. We dont have that sound, but he did talk to Chris Wallace, and, of course, the tweets followed up this morning, in which he talked about the cost of the f35, the cost overruns, the amount of money he hopes to save. Bill george joins us this morning, cnbc contributor, former exxon board member. Bill, good morning to you. Carl, good to be back on the best show on cable tv. Here we are again. Do you see any pattern emerging here regarding trump and his willingness to call out individual companies . Well, this is a president who knows how to use social media, and hes going to target it. Frankly, im happy to see him going after cost overruns in the department of defense. I spent the first three years of my career back in the late 60s doing this, and im not sure we made much progress, and i think these overruns
This morning. The dow logging another record high as it marches toward 20k. Day one of that fed meetinging. President elect trump announcing exxon mobil chairman and Ceo Rex Tillerson as his pick for secretary of state. Plus, microsoft cofounder bill gates speaks out. Trumps policies on trade, relations with china, Interest Rates, and a lot more. But first up, the march towards 20,000 continues. The dow is on track to open trading at an alltime high one day after posting its 15th record closing high since the election. We also have the fed kicking off the twoday meeting, many expecting it to result in a rate hike tomorrow. Jim, i assume theres no doubt in your mind about that. No. And i think that the banks have to have it. We saw the banks waivever. This is not an all trump stock day. We got china, good numbers. Italy, major recapitalization. I think there was another time this market would be up huge just recognizing these italian banks are getting their act together. Im worried abou
Is more hope than entrance. What should people be thinking about . The way that the market is trading. I have a couple of thoughts that ill get to really quickly. I asked the producers to make this chart for me. I wanted to show you rsi on the industrial average because its at the highest its at the highest levels that weve seen really going back 20 years. Now if the for the dow at these levels. We saw it in 2003. Frequently that it will be at the beginning of a leg higher even though it does mean a shortterm pullback. I think people need to not lose their head when this thing goes off. I mention at the top this notion of this rotation thats going on. You know, hour by hour in some instances. Day by day. Out of sectors into others. Some stocks that are up, you know, a couple of hours later. They are down. Money starts to move elsewhere. Jim cramer said the following this morning. I want to go through it. He said im quoting. By the way, the rollover in tech is incredible. The rotations