Week as strong results from names like nvidia helped restore confidence closing the week in the green. Its now less than 10 away from its 52week highs. So if youre looking for a way to play catch up with the space, carter has a marvelous pick for you. Take it away thats right. Trade here is to find within a laggard group and semis are good, but they really lag the tech sector by almost 800 basis points and then maher vel. But if few charts so the first is a table just to give the facts and figures. We know there are 30 stocks in the stocks index and we know its value total 1. 65 trillion. Now if you look at the second slide, this is the issue semis are still some 9. 5 their peak and only five stocks have made new highs. Actually the time of write iingm rrk vel closed up 4. 5 big surge. That usually is a good sign. So one of three charts the first. A simple way to annotate well defined tops at a common level move the authority of 28 level and this stock is just breaking out 3 30. On the
Protests turned violent. Also saw some stronger than expected inflation data out of china, raising questions about whether they can continue their stimulus the dow is higher, nasdaq down about 0. 14 . Of course, record closes last week, hence a little bit of treading water today joining us for the full first hour of the show, nancy the eveningl tengler so whats your take today . The earnings season wasnt as bad as feared, right we seem to be moving towards a more cyclical bias we had overweighted cyclicals earlier this year. It was kind of painful for a while. But it looks like manufacturing is hooking up. Still some concerns about capex, which well talk about, and so were modishly bullish and continue to find places to put money, which is always the test, right . Were going to get some of those picks later on in the show nancy, year with us for the hours. Well focus in on the big stories that we are watching here today josh lipton has details of a brewing controversy including apples
Tried to scream and the doctor forcefully kissed her so hard it split her bottom lip. It never crossed my mind. He is a great surgeon. You know. My family and i felt comfortable around him. Reporter the victims attorney emailed this statement which says in part this is inexcusable conduct and the ultimate betrayal by a medical professional. Meanwhile, my search for the doctor at his home and his new office turned up empty. He is nowhere to be found. Shannon is not looking for him ever again. Um, im getting ready the look for a new one now. Dont want to take any chances. Reporter also, in this report, the doctor told investigators according to investigators that he did commit those acts and they were not for any medical reasons. So rod, what is the ciaing about all of this . Reporter i stopped by there too. He pointed out his last day with them was july 31 days after this last incident occurred. They say they are working very closely with authorities and helping any way they can. Rod ca
To one particular factor. So many things going on. Earnings season has begun. Oil prices were lower again. We got down below 250 on the 30year 30year. Below 1. 9 on the 10year yield. The president met with congressional leaders. Theres talk they were talking about trying to think about military action against Islamic State militants. So all kinds of things going on simultaneously. Not only all of those factors bill already mentioned, throw on top of that whether the European Central bank might see a block offing blocking of its quantitative easing. Well talk about more on all of that with our panel in a second here. Again, to tell you where we stand going into the final hour, the dow is off 118 points. The s p is giving up 16. Look at that were almost right back at that 2,000 level on the s p. The nasdaq meanwhile down about 27 on this tuesday. Turn around tuesday if you will. Weve had two turn around tuesdays today all in one. Joining us in our the closing bell exchange, theres amy wu
Coming off the joint news conference. That inches up toward the top of the page. And the president is likely to address greece when he was asked a question about it. Well get into this with bill miller. Find out why he remains bullish on the u. S. Stock market even though he thinks the fed will raise rates as early as june. Hell name the stocks hes looking at right now. Dont miss that exclusive interview coming up. All right. This man was named ronald lee. He recently died at the age of 92 after decades working as a janitor andq gas station attendant. So how did he amass an 8 million fortune in the stock market that no one knew about . Youll hear this mans entire amazing story. Find out how he did it. I love this story. I cannot wait for that. Here is where we stand. In the markets the dow having a tough session. Just above 17,700. The nasdaq off by 19. Joining our the Closing Bell Exchange is aaron gibbs bill from jpmorgan asset management. Jason pride from glen meade and our own rick