If you look at volume, it is certainly borne out that way. This is the s p 500 svs index. We are running at volume about 30 average today, so a lot of ahead of out of office the christmas holiday, and my producer tells me we have not seen a move up more than 113 sincen either direction 2011. Moving on to one of the other big stories of the day, lets look at bitcoin. We can see that it is extending the slump for the fourth day, byling to about falling about 30 earlier today, but in the meantime it has pulled down a lot of associated bitcoin and stock. Ain overstock here also down by about 4 . That is the online retailer that accepts bitcoin, but the ceo has also said he plans to sell all overstocks ecommerce business to focus on the companys blockchain enterprise. Lets take a look at the movers today. I want to talk about nike. They are having a poor day today, after earnings it showed there was a big split in their business in terms of sales in the global side of things, which well, an
Put them together, you get paidweb. We look at one of the bestperforming china etfs this year. Whether you embrace or fear etfs, there is no getting around their influence. Of course, we want to bring in Eric Balchunas now to get a sense of where the money is coming and going. Eric you brought it up, it is deja vu all over again when it comes to etf flows. December flows going from 2 billion a day to 3 billion a day. Institutions have gotten back in the market because of tax reform. I can tell by the products they are using. A ton of flows. A lot of hot money excited. It is really dia that seals the deal. When we look at dias historical flows, the last time we saw flows like this was right after the election. Dia is the dow jones etf, which is largely forgotten. After trump won, we saw a lot of flows into the dow. Weve seen 1. 5 billion in december. Why do people like of the dow to play trumps agenda . Lets look at what the dow actually looks like. It is an odd index. It is price weigh
Terrorist attacks in paris. And the first question focused on National Security and isis, which has claimed responsibility. We have to look at isis as the leading threat of an International Terror network. Reporter Hillary Clinton leads in the polls but senator Bernie Sanders tried to slow down the frontrunner questioning her vote as senator to approve the 2003 invasion of iraq. The disastrous invasion of iraq, something that i strongly opposed, has unraveled the region completely. Reporter former Maryland Governor Martin Omalley called clintons iraq vote a big mistake. It was also the disbanding of many elements of the iraqi army that are now showing up as part of isis. Reporter iowa is an early caucus state. In about 3 months people will pick the democrat they believe should be the nominee for president. The candidates support a minimum wage increase but argue over how much. Omalley and sanders want 15 an hour. Clinton wants 12. If you go to 12 it would be the highest historic averag
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