The market. The dow slipped 26 points, s p declined. 49 . And the nasdaq nose diving an incredible 1. 18 . The house of pain. Before i can explain why that is, i have to note that once again, i dont really particularly care for the action in this market. I dont like that the initial Public Offerings are coming fast and furious this week like they did last week. I dont like how any words of caution are being met with anger. Ive been on the defensive for days on end about my negative view of froth. This weekend, my twitter feed jimcramer became a free fire zone from people who blame me for the reversals. And stocks as different as plug power, fuel cell energy, the 3d printing names. Its all cramers fault. Believe me, thats some seriously misplaced hate. I want every stock to go higher because i want you to make money. However, i do have a twofold job here, to help you make money and also to help you lose less money when things turn bad. Thats why i emphasize being diversified. Something
Good evening. Also coming up in the next 60 minutes, how a french magazine that was trying to scoop how french president Francois Hollande was having an affair, now removing that from its website. Plus, monthly job figures released today, and we will talk through all of the details in our business report. First, in the runup to an International Conference aimed at ending the bloodshed in syria, the Russian News Agency interfax announced that the foreign minister will have joint talks with u. S. Secretary of state john kerry and the u. N. Envoy on monday. The socalled genevatwo conferences on syria are supposed to take place january 22. Tunisias new Prime Minister took office this friday. He is tasked with leading a nonpartisan government until the elections are held later this year. A deal was struck at the end of 2013 for power to be handed to a andnocratic administration, they are now voting on a new constitution. One of their Top Priorities is to get the tunisian economy back on tra
This has been a very rough day for the iraqi government. Three years after american combat troops left the country, al quaida inspired fighters are sweeping through cities in the north, and are threatening to invade the capitol city of baghdad. The Islamic State are calling to attack the capitol. Battles are being fought in these blue areas. In the knot, thousands of refugees are fleeing to Iraqi Kurdish stan, the army says it has secured after iraq ski soldiers there apparently, abandoned their positions. In the big picture it has only taken a few days for the military to lose a third of the country, and the i. S. I. L. Is using means as well as military forces to gain ground. Reportedly handed it back to tribesman in an effort to turn the tribes against the shiite led government in baghdad. Omar in the capitol with this report. Confirmed the special forces described them the elite forces will carry out military operations. To clear those cities from fighters from the imlambic state a
This is real money. You are the most important part of this show, so tell me what is on your mind by tweeting me, or hit me up on facebook. Radical militia men grab large swaths of territory in northern and western iraq. And now their sites are on taking bagdad. The Islamic State of iraq is a radical group. It started as an alqaeda inspired terrorist outfit after america invited iraq in 2003. But they have morphed into a force that threatens to take out the iraqi government. They refer to isis by other outlets. The region includes syria, and were talking about the same group. The stated goal is to create a single state in syria and iraq. Ruled according to strict sharia law. In the past three years they have grown in size and taken part in the civil war next door in syria. It seized much of the northeastern territory that borders iraq, and used revenue from oil fields there to fund its operations in both countries. As of this week, domination stretches to the outskirts of aleppo and ou
Also coming up, east of the country. Now the secret trial that the british media says set a dangerous precedent. Hello, Iraqs Parliament has failed to approve Emergency Powers to the prime memberster to help packle the escalating conflict in his country. Fighters to the al quaida inspired Islamic State of iraq, or isil have now vowed to march on the capital. They have already taken control in the north. Kurdish forces now control the northern oil city after the iraqi army fled there. Isil is claiming parts of the province including the main cities. They are also been fighting for months in neighboring syria, where they control. From baghdad, iran sent this report. God is great, he chantz. This is an eyesore for the Islamic State and the fighter claiming victory. One of the leaders now has his eyes on baghdad. March to baghdad, i where we with have is to settle an old score, once with and for all. A march towards kabul la, to get ready for that moment for the big fight. I. S. I. L. Figh