Dollars the oil dropping by 2. 01. Potbelly shares were up after the close on its on first earnings report. Shares shot up 5 after topping estimates. Starbucks owes kraft 2. 2 billion after the coffee chain ended its Grocery Store deal early. Bloomberg news reports j j will spending 4 billion dollars to settle more than 7,500 lawsuits over its recalled hip implants that allegedly caused tissue damage. Jim richter of Performance Trust joins us on this wednesday morning for a close look at the bond market. Good morning to you. Good morning angie. What will you be looking for in the market today . Especially on the heels of that auction that we had yesterday in the market. The auction may have been relevant. I think bigger news that the bond market is still wrestling with is fridays non farm payroll. It came out much larger than expected and it had a pretty violent impact on treasures. They had a pretty significant selloff across really anything longer than five year maturities and out. I
With matt shapiro, president of mws capital. Good to have you on the show today. Thanks angie. You are here to talk about the santa claus rally. That is the big rally that tends to happen between christmas and new years. I feel as though this market has just been the gift that keeps on giving all year long. So what do you anticipate this year . Profits have been booked. Its been a blockbuster year. Things are gonna quiet down and its gonna be tough for anybody to push the market either way but it has been those momentum stocks of course that people are gonna want in their portfolios as they look to 2014. A lot of that is whats behind the santa claus rally. Portfolio managers putting in the best stocks into their portfolio towards the end of the year in quiet and relatively thin markets. How should the average investor handle that . Its a good time to start picking through your portfolio and put together the package that you think is really gonna do well for 2014. My forecast is that we