Hedge the geopolitical dynamics this morning. We begin with a big shakeup in the Dow Jones Industrial average. Nike and visa replacing alcoa, hp and bank of america in the benchmark index. But the markets dow included still facing head winds. President obama making his case for the nation tonight for action in syria. Mcdonalds samestore sales handily beating expectations with europe leading the charge. And just hours from now apple expected to unveil new versions of its iphone and other select products but could it have Something Else up its sleeve . But well begin with goldman, visa and nike being added to the blue chip index at the close of trading september 20th. Theyll replace bank of america, Hewlett Packard and alcoa. The indices says the changes were because of the low stock prices and the desire to diversify the sector and industry representation in the dow. Interestingly, although goldman, nike and visa are all beating the doubt for the year, hp is the best performance compone
Friends. Im just trying to save you a little money. Im trying to coach you here. So call me at 18800743cnbc. Do we worry too much . I found myself asking that question all day as the dow surged 100 points. S p gained 1. 19 . The nasdaq climbed 1. 32 percent. I found myself asking because the litany of worries that i hear daily on tv and read on the web would frighten anyone out of the stock market. As we know from all the cash thats falling out of equities including probably today, that frights having an impact, even as it clearly took a holiday into todays session. Now, i am not advocating complacency, not after a Beautiful Day like today. That would be irresponsible. We do have a ton of things to be concerned about. Why dont we do this. Lets tick down the differences between what im hearing people worry about versus whats truly worrisome. So we get to the phony worry and the real worry. First the fiscal cliff. Something very important has happened in the discussion of the cliff. And
Siemens. Answers. We asked total strangers to watch it for us. Thank you so much. I appreciate it. Ill be right back. They didnt take a dime. How much in fees does your bank take to watch your money . If your bank takes more money than a stranger, you need an ally. Ally bank. Your money needs an ally. Im jim cramer. Welcome to my world. You need to get in the game. Firms are going to go out of business and hes nuts theyre nuts. They know nothing. I always like to say that theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im just trying to save you a little money. My job is not only to entertain you, but to teach and coach you, so call me at 1800743cnbc. What the heck do people want out of a company . What do people want out of a stock . How come youre not asked that company when an activist is suing the best performing company of our lifetime . Isnt that what we have to c
Good morning. The dow posting another record close but just barely. The s p suffers its first losing session of the month. A deluge of Economic Data and well get import prices and business inventories. Its wednesday, march 13th, 2013. Squawk box begins right now. Good morning, everybody. Welcome to squawk box here on cnbc. Im becky quick along with Andrew Ross Sorkin. Joe kernen is enjoying time off. Were joined by Halftime Report scott wapner. Welcome back, mr. Big. Lets start with markets. If you are a fan of numbers, today is your lucky day. We have all kinds of statistics to share on the recent rally as andrew mentioned the dow eked out a gain in the final minutes of trading yesterday. That means the dow has now closed at a record high for a sixth straight day. Blue chips index now up eight Straight Days. That has only happened eight times in the last 12 years. Every one of those times in the last 12 years the streak was broken after eight days. The dow will seek the nineday winnin
Creative Planning reduced its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 5.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,479,204 shares of the exchange traded fund’s stock after selling 154,080 shares during the period. Creative Planning’s holdings in Alerian MLP ETF […]