All shapes and sizes, dow plunging 331 points, s p plummeting 1. 3 . Some blame the strong dollars. Others said oil got too low too quickly. In my opinion, way off the market. After a 12 gain many investors are trying to lock in some profits, and i have to ask you, after a 12 gain in the s p, who can blame them . A fitting moment to question the silly preconsumptions that served as alibis all day for the selling we saw as we try to fathom this decline and try and figure out how to make money in the market in the coming next few weeks, if not months. The also perceptions cost you plenty in 2014. When i look at the Lessons Learned from last years double digit game intense fire and ill logical thinking. Let me put it this way, if you listen to worries we heard articulated today and acted on them, you lost big money in 2014. I dont think it will be any different this year. I got ten take aways from 2014 stellar performance, but i got to share with you today on this hideous day i saw many p
By pretty much all by yours truly. I liked it because it set the barlow for the rest of the year. The vast majority of Companies Reported when the dollar was too strong. Now we have a totally different scenario i see the dollar putting in the top, i see europe Getting Better than equity examined and i see order where others right now are gripped by chaos, the backdrop is changing. Which means we will not be listening to hang dog executives whining about all the head winds out there and i like that. We will hear Domestic Companies that will be in refinance heaven and not only that, washington is off the front pages again. In short, we have a positive backdrop. Approximate the now the unemployment events are in the rear view mirror. Who is important next week . First we get the kind of company that im liking here. Masco, the cabinet, plumbing and paint maker. Does a lot of business in europe by the way. When i listen to the land of a thousand dances i spot the green shoots in europe and
In full force. And they want to know they want to know with guns blazing, how can i be so cavalier on the eve of yet another showdown in europe between germany and greece, a showdown that shaped the whole days trading with the averages off hard nearly most of the session until rumors of a deal between the two rallied the market, with the dow still sinking seven points. The basically basically flat lined and the nasdaq advancing. 28 . All on the thought that maybe theres a deal in europe. What kind of pollyanna am i to ignore this . I say hold on a second. First, am i the only one who thinks that were blowing all of this way out of proportion . Not unlike that horror story scooby doo on monster island with the tag line this time the monsters are real . Lets say that greeces finance minister, who will surely be played by Jason Statham, actually does stare down germanys angela merkel, and merkel blinks, which appears to be the case. What happens . I think our stock market probably goes th
Pipeline on shore and hasnt stopped at this point. Crews are trying to contain the mess. Right now lets get to the market business of the morning. You can see this morning the futures are missed. Up by 5. 5 and nasdaq down by 0. 5. They say the country will not be able to make an imf payment due without its international lenders. The euro hitting a two week low on renewed concerns about athens debt and in Corporate News the Justice Department expected to announce a settlement with five of the worlds biggest banks. Theyre accused of rigging the currency market. Fines are seen topping 5 billion. The first out of the gate. The swiss bank says it will plead guilty and pay 545 million to u. S. Authorities. A possible change in u. S. Tax regulations would effect the spin off in alibaba. Its working toward the plan spin off in the Fourth Quarter and ads it understood the irs statement was not specific to the company. It was a statement made yesterday about shifts in how they were going to be
Whether he will get life in prison. U. S. Population essential could care less about washington, d. C. Most people in america look at washington with amusement. Abracadabra i want to reach you out and grab you. Abracadabra i want to reach you ou steve scare j. Ainsley i like it. Ainsley you tell everyone every morning to get dressed. Steve get dressed in a costume. Ainsley neither one of you has on halloween. Steve this relates to the costume im going to wear later in the program. What costume do you think we will be clad in three hours from now . Email us at friends foxnews. Com. Ainsley i do know what yours is. Steve i saw brians. Its very funny. Brian that makes one of us. Ainsley brian is not for halloween. Brian because did i this thing called i grew up. I became an adult and i realized thats for children. There you go. Steve how do you feel about christmas . Presents for christmas . Brian no holidays. I grew up. Im prochristmas. Meanwhile, some great news. Steve indeed. We have a