Sell his mansion in beverly hills, l cal california. It seems he doesnt need any help with a broker to list it. Its monday, october 14th. Fbn a. M. Starts right now. Roman catholic choirs are singing. Lauren tracee welcome to fbn a. M. Im tracee carrasco. Lauren good morning. Im lauren simonetti. How was your weekend. Tracee it was great. Lets take a look at how your money is moving this morning. Futures this morning flat, after fridays rally. You can see all three major averages pointing to slightly he lower. The s p 500 is down by 1, nasdaq down by 6 points. Lauren that of course after the partial trade deal between the u. S. And china. That boosted stocks in china. The shanghai composite up 1. 1 , the other markets higher as well, even though we got new trade numbers out of beijing, they continue to weaken. Tracee and that data out of china weakening what were looking at in europe right now, also investors watching brexit very closely. The ftse is down by 32, cac down by 32 as well.
Banks, although they since recovered from the losses, and are now one of the best performing groups. Coming up, whether a bank breakup is good for the industry, the economy, investors, joined by independent Community Bankers of america ceo, cam fine, and the former ceo of wells fargo. Caterpillar up 10 over the last month and could rally another 20 from here. Coming up, debating whether you should be buying this dow component or selling it right now. But we begin with the old adage as you mentioned, sell in may, go away. Referring to the six months strategy from may to september in which markets historically perform worst than the rest of the year. We look how sell in may has really worked out for investors or not so much lately, dom. It all depends on statistics and looking at the overall picture for stocks because theres any number of viewpoints and any number of time frames to look at with regard to whether sell in may and go away actually ends up working, so we asked our data partn
Tech land. First, we start off with the nasdaq hitting a record high, and tech stocks continue their record run. Check out the fab five, all these names either at or near their alltime highs. Boasting a combined market cap of more than a 2 trillion. The question is simple here, facebook retail and professional traders alike. If you have fresh money to put to work right now, which one of those names is still a buy . Guy . Valuation you have to go with google, alphabet, whatever theyre calling themselves now. Thats probably the safest out of them all. If i were to answer the question honestly which is what i typically do, its tesla. The new slow behind tesla in the last week has been extraordinarily positive. Negative news for them doesnt take down the stock. Positive news sends it soaring. Look for the stock that has the most upside. Even ahead of earnings. Yes. Increasing the gasoline tax, that bodes well for des la. Guys been right on this name. Its got a Short Interest of 26 or somew
I was like that yesterday reading it on twitter. Oh yeah. Oh yeah. Is it good . The beef is brewing. Its good. Kanye jayz thing. I agree with him. There are certain things that are off limits and you should not do as friend. Good day its sunday august 20, 2017. Monica cryan here with us. How are you . Doing well. Loving the sunshine early this morning. Absolutely gorgeous out there and i know a lot of people are saying weve got the Solar Eclipse on the horizon. I know. Is this weather going to hold . Is it . Well. [ laughter ] ill let you know. A tease. Well. We are looking at a little bit more cloud cover tomorrow. Today lots of sunshine. Loving this look outside. Its clear all across the Delaware Valley. Now some of you might have seen some storms late last night. Thats long gone. Now were left with those drying conditions on your ultimate Doppler Radar. Temperatures coming in into the upper 60s in philadelphia. 66 for those of us in millville. Atlantic city on the boardwalk, 67 degr
11 00 and one thing we cant change and temperatures now you had some way to help out but thats part of being a great teammate is rooting on your team. And i think they have three really great exet force that you dont have to worry too much about. Beside watching the American Team which might be the greatest of all time but simone biles potential think so. She will always be the greatest gymnast of all time. Already. Already. Shes 19. Too young for the the last olympic games. First three world yiling and when he went in the room he found his father struck with the hatchet. And grandson. They had no prior contact with the family. Neighbors say the 15yearold was polite and helpful at tiels. I saw him going to the mailbox and getting the mail. That was it. Nothing strange to me actually. Detectives are still investigating this case. The Sheriffs Office says a motive is unknown at this time. I dont remember having somebody being killed with a hatchet. Even more tragic his wife chid within t