in more than five years. in europe, ecb cutting rates for the first time in ten months. general motors already accelerating and zooming past expectation expectations in north america. and investor uncertainty not going away any time soon. and the battle over sprint. dish network s chairman dishes out a rebuttal to rival soft bank s comments on his proposed offer for the wireless company. futures rising one day after the 138 point sell-off on the dow. the jobless claims fell the lowest level since 2008. and the central bank cutting the key interest rate to a records low .5%, coming in light of disappointing yoeurozone econom data. i m chuckling at a tweet you said this morning, you re old, you re jaded, you still have to wake up and system wait to see what this bank was going to do. there i am watching the pregame to the ecb. where has the world come to? i m holding onto any bit of squawk on street. it actually was pretty good. draghi said a lot of good things. he is
coach in kentucky, either. the weirdest thing, to me, about this whole thing is that for the second year in a row you know, it s wide open. to me, it s about the only team, it s a 68-team field, they picked louisville. last year i picked ohio state. this year i didn t pick louisville, i dp. it can t happen two times in a row, can it? i think it could. but what s weird is in any other sport you can look at the patriots might be favored in baseball, but five guys are or it s more than that because the bench has been such a big deal this year. but to really be able to pick, and especially basketball where you get the wrong bounce and serendipity plays such an important role in these things. but to bick the best team, it s so amazing to me. we re going to talk about jc pen thee. the mantra of the stockbroker is you may know nothing, but you re never in doubt so you re always saying things. and it becomes that s all you do. but you know those little pins from christm
down from four straight sessions and now drops from the conviction buy list. tim cook apologizing to the chinese for what critics are calling poor customer service. michael dell tries to get employees fired up about his proposed takeover of his namesake computermaker. insurance stocks getting a boost after the government says it will increase medicare payments instead of cutting them. is there more room on the upside? and the big banks launch a round of downgrades aimed at each other. goldman and morgan among those in the crosshairs. goldman removing the tech giant from the conviction buy though it does maintain the buy rating. they were at 6.60. apple s most recent product cycle has not driven market growth as they thought and they issued an apology to chinese consumers vowing to improve customer service in the wake of criticism from chinese media. in the letter posted on apple s chinese website tim cook said, quote, we are aware that lack of communications led to the
will strip armstrong from his titles and ban him from cycling. he s refused to cooperate with the process that he s calling one sided and unfair. at least you have your own music. i do. difficult hour. armstrong gives up the fight or he admits he doesn t admit anything. i m tired of fighting with you guys. take all my titles, take everything? eventually going to do that regardless of what he says at this point. wow. it s been a long, long battle. between the doping agencies around the world or anti-doping agencies and armstrong. what do you think of the days? you followed this more closely than the average joe. i would think it would be disappointing. if he came forward he gives up because he can t i think he s sick and tired of fighting. this guy was an american hero. seven straight. he hasn t admitted anything at this point. so, you know. we follow some of the things that have happened or come forward. people on his team who have come forw
tuesday road map starts off with the market s bounce. best day for the nasdaq all yearlong. is it just the latest in a series of lower highs and lower lows? bfa today says we still need to see capitulation. we saw some very nice gains protected. despite that, yesterday, facebook fell 111%. nasdaq faces its own shareholders. is it nearly enough? and bestbuy, it is falling here pre-market after it did with the earnings estimations. can they stop the arrivals like amazon or are there still doubts as a lot of the top executive positions remain open. we want to start off with the markets here, hoping to stay in the green one day after the dow avoided its 13th loss in 14 sessions. the nasdaq experiencing its biggest percentage gain since december. it was the best day in all of 2012. the european markets rising despite the oecd warning there s a risk of severe recession in the 17 country euro zone. what was your interpretation of yesterday? i think you had to cover your su