Inadequate on almost every level. Senator mark warner blasts twitter for presentation as big tech faces mounting political pressure. More details as the battle lines on the details of the plan are drawn. The president will speak about taxes live later on this morning. Markets continueto make history. The s p posted record close on thursday heading into the final session. The dow and s p on track for eighth consecutive positive quarter. Nasdaq going for five straight. It is edging out with a gain in q 3. Jim, we made it through almost september. Whats extraordinary, i have been going through the charts because i love the charts. Things were bouncing around fairly positively. Then we got to the month of september. We have had moves on a lot of stocks. They came in in august. Its a truck parts company. There were so many doubles of industrial companies, smaller cap companies, Tech Companies, drug companies. When you see these moves you keep thinking this has got to be the greatest bull ma
Stocks and a retreat from record highs in the premarket. Amex, nike, and apple are all leading the dow lower. Plus, a big change at the top of American Express. Ken shenalt is stepping down after 17 years at the helm and 30 years later, lessons for black monday for todays stock market as stocks continue to break new ground we are set to open lower after wednesdays rally, in which the dow closed above 23k for the first time in the meantime, two dow components out with Quarterly Results this morning verizon posted revenues above consensus, helped by some Strong Performance in smartphones travelers, better than expected results, although it did suffer 700 million in catastrophic losses related to the hurricanes, harvey and irma. This nike downgrade, guys, is going to take some wind out of the sails, too you know, its funny. I question the value add of the downgrade. Which is, by the way, goldman. And the reason i question the value added, theyve got a big Analyst Meeting come up. Its all
Lower. Okay i know i say this stuff every night all right . Maybe you think i sound like a broken record but the truth is im always repeating this mantra because of days like today where events can overwhelm you and gameplan cant survive even a minute of battle with the enemy, short sellers, s p furlt sellers, etf guys or fellow individual stock shareholders who decided to capitulate. Today a session with the dow down eked out another record five points at close s p another record nasdaq lost after being down this is object lesson day. Use todays incredible turnaround as way to show you how to set up your own battle plan at home for this unusual volt tillity admittedly im a bit of an extreme coach, exgame coach but i know i can teach you i can teach you. Let me give you setup. 2 00 a. M. I get alert on cell phone from unilever. Looked like bad miss to me it was release, nothing good. Gone to bed two hours before that slept in until 3 30. When i saw how hong kong had stopped because of
Of rules this is something that a lot of people dont seem to understand. So after a day where the dow gained 58 points, the s p advanced, nasdaq declined 1. 7 i need to explain how a bull market differs from a bear market or an order fair market last night i got a lot of praise for coming out and admitting what i think is the obvious, yes, this is a rip snorting bull market its driven by the fact that the Global Economy is doing much better for a lot of reason people dont want to acknowledge this either theyre trying to fight the take or go against the stock market or be caught on camera saying something positive in case the market goes down the next day and they end up looking like a moron in case somebody replays the tape on youtube. Im more concerned looking like an idiot than more concerned that you may be scared away from the stocks lets dive right into it this kind of bull mark, stocking can go higher than you think the discipline you need to be in this changes in a normal market
President s report that he said in a memo to comey to let flynn go. And the fbi director reportedly kept a paper trail that said the president asked him to end the probe into flynn. It hasnt happened so far, but will trumps troubles crack this market . The u. S. Markets are pointing to a large decline at the open. Shares of target jumping in the premarket. The retailer blowing past some earnings expectations. Our top story of the morning is trump versus comey. Now confirmed by nbc news a memo by fired fbi director comey claiming that the president urged him to drop the investigation into former National Security adviser michael flynn. Lets get to eamon javers who is outside the white house with the very latest. Hey, eamon. Good morning. Marine one has landed on the south lawn to take the president away. Hes leaving to go to the Coast Guard Academy where hell give the commencement address later today and that will give aides a respite of the intense news flow, starting at about 5 00 las