And now we turn to the meat and potatoes of power lunch. Playing the weather. Today on the big show the cold, commodities and stocks. Winter weather moving in early. Watch for an impact on your portfolio. And a car in 30 minutes. Auto nation says it can do that. It can make it happen. Its plan that can revolutionize the way we buy from dealers. And the soap opraw looked like it was on the track to better transparency. Wait until you see what the president and his wife are up to. Down to sue at the new york stock exchange. We are going to begin with the arctic blast enveloping parts of the country and the impact of Energy Prices heading into early winter. Nat gas traders preparing for one of the favorite trades this time of year, the socalled widow maker. Dominic chu is looking at which stocks may be impacted the most by the cold. First we go to kate kelly in texas on that nat gas trade. Reporter its only mid november and already a changing Weather Forecast is roiling the natural gas ma
Except for that stock. Look at apple. A close above 114. 29 would make it a 800 stock on a presplit basis from the time it went back and we are there now at 115 and change. While snow and cold is here across much of the country, maybe the santa claus rally is also here, as well. Well be following all of that in this final hour of trading today. Keeping an eye on gold here. Coming up, Vladimir Putin now hoarding gold . New report says he is. Why . Well speak with will rind shortly in a first on cnbc interview. You wont want to miss this. Do we need the look at the video of him without shirts on . No. Viewer request. And as obamacarols out for year number two, the spotlight is not on the website but how the law was passed and whether or not the people intentionally deceived. The glib comments coming from one of the laws advisers continues to gather steam. We will have the latest on all of that coming up in a little bit here. Yes. Lets get straight to it with the Closing Bell Exchange. Th
But we hear they are still confident on china. I dont see people pulling out of china but i continue to see people putting money into china. G20 leaders warn russian president Vladimir Putin more sanctions could be on the way as they meet in brussels to discuss possible measures. Now to our top story, a quite astonishing story in japan. The gdp number shows a 1 president 6 contraction against the expectation of 2. 2 growth. One of the analysts said theres a big drop as businesses cut back on investing. Key consumption is another weak quarterly factor. Japan is now back in a technical recession following the drop in q2 after the sales tax came through. The latest fall is cementing last weeks rumors of the second tax hike to be delayed and a snap election will be called. Now what does that mean for the markets . The nikkei, sorry, the yen hit a sevenyear low of 117. 06 but they are currently up. 92 . Does this mean we get more easing or have a snap election . Or a sales tax hike is delay
Its official, halliburton buying baker hughes for about 35 billion, and weve got more on activists and the fight for allergan. Forget wasting time at work. Menlo park reportedly developing facebook for your office . Moving in on google, microsoft and linked ins turf, down 3 in the free market. Numbers inside japans recession, gdp down 1. 6 following contraction of 7. 3 in the prior quarter. This week japanese Prime Minister abe expected to announce delaying plans to race the countrys sales tax and call for parliamentary elections in december. Estimate was 2. 2, to the upside. No one expected this to happen. Now a bunch of policy decisions to make. Do you suspend sales tax . This felt like 1937 in our country where they thought, you know, weve done enough to make it so were coming out of the great depression, lets start raising taxes, be more conservative. There are a lot of people saying that, you know what, this was just being prudent because the country itself is so in hock. I saw th
A share. 113 here. Can it keep marching higher . Well take a closer look coming up. Nba commissioner adam silver shocking and i do mean shocking the sports world in support of gambling. Joe torre joins us with his thoughts later on in the program. Looking forward to that, tyler. I think some of the guys might be able to stick around for it. Thats next hour w. An hour to go, heres the dow off 34 points. S p giving up about 2. Nasdaq slightly positive. Apples performance, of course, is helping today. And joining us, sal caltrinni, christine short and rick santelli. Welcome one and all. Sal, lets begin with you. Sure. You sound like a lone voice out there insofar as you think energy could be a good play right now at this these prices. Why and energy is a big broad sector. Why specifically . I speak to pms and the smart ones, many underperforming and looking for some way without taking too much risk into the end of the year for a catchup trade and basically if you look at this year whether