Dow gain 42 points nasdaq climb 2. 5 per, usual records highs. Each day with get a stock that seems to ignite and then captures the fancy of investors and provide the leadership that make succession so exciting and yes, lucrative at least if you happen to own it in fact, you know what, im an angler and theres a tar pine festival in july next year this is like fishing, catching a 40 inch fish every day, each different than the day before. Take todays catch, markecdonal. Not that long ago this to be was knocked down, that created a panic, even as it seemed out of contractor with the slow and steady wins the race performance of ceo steven. Now the stock has broken out unless you call that will veggie burg they released in europe something, the stock climbed to a 2. 5 high the next thing you know the analysts will be inventing reasons why it went up so they can recommend the stock tomorrow having analysts pound the table doesnt hurt even if they are gemmed up. Everyone loves a winner but t
And bob nardelli will be with us later on first we start with ned felix, a beat on both the top and bottom lines for both the United States and internationally. Theres a look at the symptom, it is up after hours, the company saying it will spend even more on content, up almost 2 the stock has dominated the media space, up more than 60 this year, crushing its competitors, and with numbers like this, do you keep betting on this stock . Pete. I dont know why you would stop the real answer is people have looked past the multiple forever, just like they always have with amazon, and they have looked at specific numbers i think that combination tells me that right now that is the space to be. Not to hide out, but when you look at what tier doing, theyre going to spend 7 billion next year people dont seem to have they have this dash burn in front of them for content that seems to be something that people, just like at amazon, they look past it, because they like the numbers, they like the user
Today. Lets get to the Global Markets report u. S. Equity futures right now are looking a little bit lower dow futures indicated down by 68 points this comes after the dow closed above 23,000 for the First Time Ever and it did so in a powerful way with the dow gain of 160 points yesterday. Right now it looks like the nasdaq is indicated to open down by 31 points the s p futures are indicated down by 9 points overnight in asia, china reporting Third Quarter gdp growth of 6. 8 , in line with expectations, but you can see a pull back in both markets. The shanghai composite off by a third of a percent in japan, stocks closed higher again, up 0. 4 21,448 ibm, that was almost 15 points, 5 in the morning, 6. 7. 9 at one point. Cramer was going nuts there were all the naysayers, after 22 straight quarters of declining revenue and still there and there were the questions about the tax issues those were the consensus, cramer against consensus, saying it was more about the next quarter and the In
We are working on ways to try to get mexico to pay for it, but that is not my concern right now. It looks like you have a wall there already. this is the stuff that is already built. This is the picture of the levee wall. Whenis what it looks like it is currently built. We dont have the picture of the cyclone fencing. This will be replacing cyclone fencing. Do you have a wall in all of these cases where there is existing fencing . Is that a good way to spend the governments money . Esther mulvaney there are places where technology will help in their places where we could start Land Acquisition. Hiren start ramping up to Border Agents and we have additional beds so we can effectively end catch and release. One of the difficulties we had was the beds were full at detention centers. When you look at it holistically, its a tremendous improvement in Border Security. Of hundredcouple Million Dollars to do it and this is a several year process. You could not build that in one year. Yesterday,
We are working on ways to try to get mexico to pay for it, but that is not my concern right now. It looks like you have a wall there already. this is the stuff that is already built. This is the picture of the levee wall. Whenis what it looks like it is currently built. We dont have the picture of the cyclone fencing. This will be replacing cyclone fencing. Do you have a wall in all of these cases where there is existing fencing . Is that a good way to spend the governments money . Esther mulvaney there are places where technology will help in their places where we could start Land Acquisition. Hiren start ramping up to Border Agents and we have additional beds so we can effectively end catch and release. One of the difficulties we had was the beds were full at detention centers. When you look at it holistically, its a tremendous improvement in Border Security. Of hundredcouple Million Dollars to do it and this is a several year process. You could not build that in one year. Yesterday,