Right now down there. That, crickets, the sound of nothing going on. It is a sad sight indeed. Three days and 11 hours from now we will be over the cliff. The hill does not seem like a behive of activity today, but a key meeting is set for today. In about two hours time at the white house the congressional leaders will be there with the president. Good afternoon, everybody. Im tyler mathisen, Michelle Carusocabrera is with us and eamonja javers is joining us. Mary. Tyler, weve been wait in see mode on wall street as investors react to any kind of signs or headlines that come out about possible progress on a deal, a mini deal is what traders are expecting now to avoid going over the fiscal cliff. Basically weve been held in about 100 point range from the dow. It is midpoint. As you might expect on the second to last trading day, volume is light. 1 billion shares changed hands. On average we get about 3. 2 billion every day. Take a look at the vix. Its a measure of fear. Yesterday poppin
There. Dow, nasdaq climbing, you couldnt help but see some stocks are actually at last transcend the gravitational pull of washington, apple, google and amazon. Look, im as aggravated as you are about the lack of progress over the fiscal cliff. Is there progress . Is there no progress 123 are the democrats giving . Have they given . The only thing given that i know is the tablet. Thats what i want to spend a moment on while we bemoan is the farce that is washington. One of the worst aspects of this era where we have to hang on the word of every people who frankly arent actually trying to make us any money, and if anything want to take it from us, is there are companies doing amazing things, soen in the interests of reminds us some companies are doing great things that can make you money, i want to celebrate the products of three terrific companies as well as their stocks, because after all this is mad money, not mad tablets. First one of my favorses is the column that consequence taply
With the averages hanging in there. Dow, nasdaq climbing, you couldnt help but see some stocks are actually at last transcending the gravitational pull of washington, apple, google and amazon. Just today gaining at the close of the market. Look, im as aggravated as you are about the lack of progress over the fiscal cliff. Is there progress . Is there no progress . Are the democrats giving . Have the democrats given . The only thing given that i know is the tablet. Thats what i want to spend a moment on while we bemoan the farce that is washington. One of the worst aspects of this era where we have to hang on every word of people who frankly arent actually trying to make us any money, and if anything want to take it from us, is there are companies doing amazing things, so tonight in the interests of some companies that are doing great things that can make you money, i want to celebrate the products of three terrific companies as well as their stocks, because after all this is mad money,
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S p rose 0. 45 . Nasdaqed advanced 0. 38 . But weve been rallying for weeks on end, including five straight days. Taking out the alltime high. I think thats because the market anticipated this newfound job growth. You know i have been adamant that the economy started Getting Better the moment we had some certainty out of washington, and i dont regard the sequester as being major. It was taxes that i worried about. I measure things like housing, the auto sales. I measure shopping, lending. Plus the boom coming from all of our oil and gas. And these have been signaling these kinds of terrific quotes. Of course, the same people who want you to stay in your paycheck chains came out of their multimilliondollar mansions all week to tell you that you cant buy stocks here because the economy is humming to the point where the fed has to stop its bond buying program. Maybe stifle growth, and rates will shoot up when they try to sell all those bonds. These critics dont believe the fed chief ben b