It is time for final trades. Go terranova. Lqd Investment Grade etf. Mr. Murphy. Titan international. Stock in the news when sent a letter to french government, down 16 today. Buy. Steven. Rio on the short side. Big run, now you want short. Virtual doctor. Michael kors. Moonboy 9 and question on twitter, i like it unusual call buying. That does it for us today. Fast money tonight. Dow up 100. Power lunch picks up that story right now. Down yesterday, up today, and breaking news on the east coast at 1 00 p. M. Wall street and investors everywhere are parsing the testimony from the fed chief ben bernanke. As you see dow industrials up. 75, 13886 and change. Sue and bob at the stock exchange. We start with senior economics reporter steve liesman. Steve. Reporter thanks very much, tyler. Fed chairman offering an expected defense of easing. Market committee concerned about the cost of more qe and rates as he was to the senators. The fed chairman essentially saying although theres a long per
Allowing america to go get what we own. No, im listen, i dont like Big Government stomping on little cities threatening them with lawsuits. Thats what i didnt like. Im a small government person, i am. What . Big State Government hes threatening the governor is threatening to sue his city. Thats what is at issue. All right, liz. Are you back tomorrow . I dont know. Probably not. [laughter] do you or do you not favor fracking . I support yes, i support it in a safe way. You live in new york . Yes, i do. Urban new york . Yes. Whats the point . Governor cuomo is delaying the rules on fracking. Unfortunate. Were out of time. Thank you, charles, great having you. Dagen, connell, to you. Connell what a point to end on. Have a great day. Dagen im dagen. Connell stock market is toying with a new alltime high, but Speaker Boehner is coming up this hour from washington, and he and others ignore on wall street. Dagen chryslers chief in indiana where the auto maker puts workers to work. Connell pop
Youve got your hunger and some problems that are real and youre dealing with some demons who are driving you insane ive seen them dragging you screaming down the hallway you got loaded again, aint you had some Nothing Better save the feeling till you die let it ruin your life let it run your children off let it run your wife let it take the joy you love you know, you do better, baby, you just didnt care you got loaded again imus in the morning the president is losing credibility. The new week starts with no hint of armageddon. Good morning, everyone. No impact from the sequester cuts so far. And the president is backtracking. He now says the catastrophe will not the happen soon. As of now, hes still blaming the republicans. As of now he still wants more tax revenue. Okay, fast forward. This week, we get reports on manufacturing, productivity. Jobs, all expected to be grim. So, here is where we are, the cuts have arrived, the economys getting worse, but the president still wants to tax
Otherworldly things. But there are some things ive never seen before. This ge jet engine can understand 5,000 data samples per second. Which is good for business. Because planes use less fuel, spend less time on the ground and more time in the air. Suddenly, faraway places dont seem so. Far away. Instead of final trades, we will give you some sequester trades. Our sequester edition. Pete . Joe mentioned healthcare within im going with bristol meyer. Im looking at Casualty Insurance grape. Travellers. Xl group. Steve . Verizon. Still think its solid. Have a great weekend. Power starts right now. This is a special edition of power lunch. One tough week. Its been a rough seven days for many of the biggest names in business. And the biggest names in washington. He has got to go. Jc penneys ron johnson fighting for his ceo ship and courtroom battle against macys. The prize, Martha Stewart . You dont like it, youre fired. Will he be next to hear youre fired. Then bill ackman. Vanity fair goi
Earlier in the show, we asked you to weigh in on the jc penney debate and decide whether the bear or bull won. We tallied the results, and you said i dont think im surprised. Steve weiss, made the better argument, weiss . I think we have a very intelligent audience. Victory lap. I had to give you a victory thing there. Pete . Trm, this is going higher. Doc . Shipping. Chrw. A lot of buying of may 60 calls. Stock correcting more than 10 . Bought citi yesterday and more this morning. Tesla. Among the june 40 calls, unfairly beaten up. Tweet me. That does it for us. Can you see more fast at 5 00 tonight. Big snap back. Dow marching towards all time closing highs. Right now up 130 points and power starts now. It is 1 00 in the east. Welcome, everybody. On wall street we have several breaking stories to tell you about. Big news on apple and price line today. Apples Shareholders Meeting and a day after a big report on priceline. We have that companys ceo. Lets look at apple shares for the up