Of december and november was a very strong month for stocks, even though you did see some declines on black friday youre looking at the best returns we saw since june for all of the major averages. Last week again, you did see some big gains too right now the dow, s p and nasdaq are still less than 1 to 2 of the intraday highs with these gains, youll see them challenging that as tom mentioned. Although, i also remember last the first trading day of december last year. Not quite as much fun. I still have some night mares about that. Would not be the only one with scars leftover from that. I think the dow was down 15 at one point in december last year we were having a great year. Markets were up, not up like they are this year. Bottomed on christmas eve, december 24th and saw things take off from there. Its been a very strong year. Will a santa claus rally power the s p 500 and dow to their best year in a generation . Could happen. Were up a lot. What will that take to get there, 5 . Pro
There will be no washer drilling around florida appeared governor rick scott and republican senator congressman didnt want it. Its not going to happen. In florida. A judge in San Francisco the president plan to an protection for, so yet again a California Court tested in the way of mr. Trumps immigration plan. The liveaction presidency later this morning. Will it be open to the cam is like yesterdays meeting on immigration . Weve never seen anything like that before. The president showed the world how he negotiates. Will he do it again today . Later he greets norways greater it will open up to questions from the media that will be more liveaction. Ive got to tell you, you still cant get over mr. Trumps visit to dallas. Im a change come income inequality and open borders. Give them, mr. President. Varney company is about to begin. Stuart well, fires, then storms in a deadly mudslides in california. This is the golden state taking it on the chin recently. Ashley yeah, we now have the dea
By a fraction of a percent crude oil, this is the one weve been watching very, very closely. We have wti down by 1. 6 brent it down by 1. 5 . This is quite a rebound from the lows back in june. We are up by 12 from june 21st lows so staggering move in just a short amount of time weird. Weird to see the dow so strong and the nasdaq so weak thats been happening more the nasdaq had been stronger on a relative basis then the rotation happened. I dont know what it means. Maybe its healthy this is scary and not healthy. Maybe the meeting is good, but the reason for it frightening. The u. S. Requesting an emergency u. N. Security Council Meeting today after north korea tested an Intercontinental Ballistic Missile. The missile could put all of alaska, so mainland i dont know if you call that mainland, but pretty close late yesterday the u. S. Military said u. S. And south korean troops fired missiles into the waters off south korea in a show of force back that way apparently it can reenter the
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