Getting too expensive. Well, weve got a money manager who thinks theres still room to run. Hell make his case, coming up. And disney still one of the big dow winners this year so far. We will be live at the companys socalled d23 expo to look at how the force behind the Star Wars Franchise could affect that stock. Jane wells, who else but jane wells, is on site for us. Our own princess lea. And its the company the New York Post said provided something close to legal Insider Trading. The ceo of media radar, and you may remember his name, will tell us how his ad tracking software is now helping hedge funds. Im very excited to talk to him. I may have interviewed him back in the day. Would that we had the footage. Its a story, those of you who have been watching the market for a number of years will remember it. Its a great story. First, lets start with Jackie Deangelis at the nymex with these gasoline prices spiking in parse of the midwest despite this slide in crude oil. Weve been talking
There is another specific reason why we need to keep on tuning into this show. But first lets get down to the floor. Sarah . Hi. Lets try this again. Stocks are rallying. The question is can it last into the close . Both have their fingers crossed again. We started strong. Very sort of slow feet off of the top hoar. You know what you like. This is a two day. We never passed the high of yesterday and people are hoping on a technical basis. Lets take a look at market internals. The trend, im going to call it a slow fade. It was even 51 at the open. The volume has been on the heavy side for a while here. Thats what i mean wi by a slow fade here. They are all up. But slow fade. Its still up. Wanted a little bit more. I put up one more. It was what . 36 a month ago. And the volume is tending towards the heavy side. It does look a little bit like yesterday does. Mandy mentioned it at the top of the show. Watching a fairly steady trend. Giving some healthy skepticism. Investors looking for bu
Tuesday. If the phone is not already ringing by now were awaiting the final number for august auto sales, the automakers and dealerships are dealing, of course, with the fallout from Hurricane Harvey, and well bring those numbers to you as soon as we get them phil lebeau will be stepping in with that. Also some new areas in the stormridden areas Chemical Plant explosions and also smoke inhalation. Well talk to two chemical engineers about the Companies Running these plants, if they are doing enough coming up, but we start with White House National Economic Council director gary cohn joining us on squawk on the street earlier today. We discussed why he doesnt think the white house tax reform plan will ultimately mean tax cuts for the wealthy we can simplify and fet rid of a lot of deductions those deductions actually affect the high bracket players so when you actually simplify the tax returns, youre actually affecting the high taxpayers the most as you simplify the tax system, you actu
A briefing set to begin any moment now about these new sanctions. Well bring you those comments live as soon as they begin. We may have to interrupt this next segment in the meantime. New developments on another big story out of washington today, the s. E. C. Hack you heard about this eamon javers has more. Reporter bill, thats right. This is a little bit alarming. The s. E. C. s edgar system is the Database Companies use to file Public Disclosure documents with the s. E. C. , get access to just about every piece of important Financial Information from Major Companies before theyre released publicly. Hackers apparently were able to get into that. Heres what the s. E. C. Said last night about this hack. They said that the incident happened back in 2016. It was originally detected that year but it wasnt until august last month in 2017 that the s. E. C. Learned this attack may have provided the basis for what they call illicit gain through trading, in other words, cyber Insider Trading. T
Discuss north korea. Should investors use the weakness as a buying opportunity . Well debate that. Also, is the ipo market back certainly rokus shares have been roaring higher for a second straight day were going to look at whats behind all the excitement for that stock but in the meantime, we have some breaking news regarding the Federal Reserve. Steve liesman stepping in. What now, steve . Reporter im not stepping in bill Jerome Powell is the news. The Federal Reserve governor, Jerome Powell apparently according to the dow jones met on wednesday with President Trump, interviewed according to them for the fed chair job this comes as its been reported earlier this morning that former Federal Reserve governor kevin warsh met with the president on thursday i think the clear indication is this search for the next fed chair is heating up. We were trying to establish whether or not the current fed chair, janet jellyellen had mett the president. I do not believe thats happened recently well