Signal that the cell phones would give off detection. It didnt work. This is just a sample of more than 2 million worth of stolen stuff San Francisco Law Enforcement agents recovered in operation focus lens. It breaks your heart. Reporter heartbreaking because nearly all of it belongs to someone. Just the way rely on digital devices now having a lot of our personal things on there, having that taken away just is devastating. Reporter no el knows the feeling. Shes had her phone stolen twice. Now i just tuck it up in here. It usually works really well. No one can get close enough to me to get my phone and if they do, i will kick them. Reporter operation focus lens is unprecedented in terms of the level of cooperation by Law Enforcement and the dollar amount of what they recovered. What creates the incentive is if you can quickly turn whatever you stole into money. And a fencing operation makes that possible. Reporter 30 search warrants were executed turning up an electronic chop shop of
The box today. Why not, right . Somebodys got to be the bull. How do we get there . This goes back to last year. This has been a very sink nous, from 15 recession, 16s recovery was born from that. When i say recession, i mean global recession, it was pretty harsh. I think the distractions of brexit, the election here in united states. Ref rerendum of the month in europe. That has really distracted people from whats going on and now n the First Quarter, we see the proof. The earnings have been spectacular. I think if you would have asked me three months ago if the First Quarter would have been this strong, i would have been more positive ant how this would play out. Roll into that the fact rates havent moved. I think now where people are on board with the earnings story, theyre not still not board with multiples expanding. Uncertainty about the recovery is is lower. You say its been underplayed. How have are we underplayed at new highs . I think the story line has been underplayed. Mean
The numbers, not talking about trump rallies, any repateuation yet, any of those tax reforms, the raw numbers that people have delivered. When you look at apples numbers, blew it out. People had no idea they would do as well as theyre doing. Services being the focus. Look at microsoft for instance. You look at the earnings this quarter so far, from the technology sector, it makes sense thats a leadership. Is this too much though, joe . Are these stocks getting out of control . I tell you, the nasdaq 100 up is 17 year to date. 6. 5 in a month. No, its deserving given you could check the boxes, growth, future earnings. So i think you dont get a complicated strategy here. Youre not looking to get in and out of these names. I think you want to look at opportunities. Theres names out there. Amd, with john and josh talked about. Earnings didnt look like they were so bad. Analysts say the stock recovered, i think thats a name and twirt is back up 19. I will buy twitter in the nekts day or so.
You may not have felt pressure. If he is even asking, to me that is a very relevant piece of information. At least in terms of the conversation with admin rogers, we will give at least another individuals version. At some point, these facts have to come out. Senator refressh. Thank you, director coats and admiral rogers for your testimony. With all due respect from my colleague from virginia, i think you have cleared up substantially your direct testimony that you have never been pressured by anyone including the president of the United States, to do something illegal, immoral or anything else. Thank you for that. A live look at the Senate Intelligence hearing there in washington, d. C. Neither rogers of the nsa nor coats of the dni believe it is appropriate to discuss conversations they have had with the president in a public session, not commenting on whether or not they would Say Something similar in a private session. We are watching this as we work our way through this day and pre
S p 500 and nasdaq. Results seemed recent enough for inhaves tors to buy up stocks and last year, we saw an earnings recession. Now, with we have consecutive quarters of earnings growth. And companies increased their investments and hiring. Today, the Dow Jones Industrial average added 66 points to 12,640. Nasdaq gained 40 and s p 500 rose 14. A lot of Corporate News came from the media industry, which is changing rapidly. Scrips reportedly is Holding Discussions about selling itself to discovery communications. According to the wall street journal, terms not known and there is no guarantee that an aba talks in 2014. Experts say the two companies are trying to chart a new course in an evolve iing sector. In an interview ye surfaced, th krerksceo of discoveat t relevant. We have a choice. We can hold on to our existing business or try and do some of these new forms of content or we can figure out how to disrupt ourselves. The question is not how much money, the question is can we be rel