Brown and john spalen zahny, chief macrostrategist with cig group. And spurred today by a blowout jobs report, many big stocks are on the move this hour continuing what has been a great quarter, and, josh, its been tech. Techs the best performer in the quarter. I mentioned all of the sectors that are ripping. Stocks like microsoft at levels not seen since january of 2000, nvidia, highest level since 1999. Yeah. Well, the last to break out, but certainly making up for that. Look at the xlk, the tech sector, s p circuit spider. Whats important here is, its slightly overbought. Shortterm rsi. About 73. Could see a little bit of a pullback there, but momentum is a positive thing. Not a negative thing. Turning our attention to the ndx name, 71 of the nasdaq names above the 200day moving average. Go back a full year to find that. The difference between now and last summer, accelerating. Last summer, that percentage was tapering off. Breadth is expanding. Leadership names are acting like lead
This morning. Well tell you about them. Mans best friend may want you to sell the company. Petsmart is explorining alternatives as pressure from an activist investor mounts. Target posting Second Quarter operating profits of 78 cents a share, just shy of lowered wall street expectations. The retailer posted flat Comp Store Sales in the u. S. And cutting full year Profit Guidance as fallout from a massive data breach continues to weigh on the company. Target says sales, though, trends at least, improve this month based on early backtoschool sales, jim. We have a number, though, a guidance number, i guess, is the key for the full Year Adjustment of 310 to 330 compared with guidance of 360 to 390, and they go into why thats beginning to be below. I mean, some has to do with early debt retirement. Yeah. Obviously, a good deal still pretax has to do with cost in the breach. First, i said, are you kidding me . You got are you kidding me . Total disarray there. You did through the least of it
The office . Asking for a friend. Obama actually returned good question bill clinton. The handle comes with the house. Know anyone interested in flotus. President obama picked up his first 1 million followers in a few hours. Ive seen other accounts that hes had. This is the first one at potus. Its cute. What happened in ramada yesterday . The fall of ramada. I saw this last night. I saw quite a bit of news on this. Where is that . Iraq . Iraq and its very close to baghdad. They have them too right . Put that twitter account. Bill clinton and first lady and hilary and all. Yeah. Anyway good morning. Good morning, how are you . Hows wall street . Not very tame. You read my column today. Its still unethical. Lawyers, or madison avenue or government or politics. Anyway. On the front page of the New York Times today they were talking about the revival of wall street. How many private email accounts do you have . How about you . 16. But i got really good stuff going on. Home depots Quarterly
Studio 1a in rockefeller plaza. Good morning. I am matt lauer. And i am Natalie Morales in for savannah. I thought gangnam style was bad enough, combine it with you cant touch this. We will get to the latest on the violence in the middle east from Richard Engel in a moment. Day six and no sign of it stopping any time soon. And Paula Broadwell, the woman that had an affair with general David Petraeus back at her North Carolina home this morning. Coming up, new details on her state of mind and the state of her marriage. And is it the end of the twinkie for all of those stockpiling it. Maybe not. We explain as hostess goes to court for an important hearing. Why this uproar over an item with no nutritional value, because it has emotional value. It does last forever, got to give them that. Were kicking off this holiday week with a live concert from one of our favorites. Low rider in the house. We begin with more deadly violence in the middle east overnight between israel and hamas. Nbc chie
Last ten years. Were going to talk more about this store with the tech giant in just a minute, but first, andrew, over to you. General mills is buying organic foot Food Producer annies. 46 a share in cash is the price tag. 820 million in total. Thats more than 37 premium to annies Closing Price yesterday. Maker of cheerios hoping that deal will help it expand in the fast growing Natural Foods market. Were going to talk more about foods and the consumer in the next hour with the ceo of kellouke kello kelloggs, john brian. Analysts say global comps likely to climb by 4 last month with samestore sales have been falling by more than 2 for mcdonalds. Well see if they can turn that around. Shares down nearly 9 in the last three months. Restaurant and arcade chain dave busters is filing for an ipo. The Company Looking to raise up to 100 million, listing under as a symbol play. The company pulled plans to go public in 2012. Earlier this year, scrapped plans to sell itself for more than 1 is mi