Sticking above 102 per barrel. Gasoline is on the up up. According to triple a gas prices have climbed 17 days in row. Up 15 cents during that time frame. Prices are expected to continue to rise. The National Average per gallon stands at 3. 41 and in utah a court is freezing the assets of work at home web firms. The ftc claims essent media, net training,yes international, Coaching Department and apply knowledge bilked consumers out of millions with useless work at home kits and coaching services. The companies offered no comment. Trader Lincoln Ellis of Green Square Capital joins us on this tuesday morning. Happy tuesday to you lincoln. Happy tuesday to you angie. Is this a stock pickers market or an index situation where people want to buy the entire index . Thats a great question. The indexes have had extraordinary runs over the past couple of years really since the bottom of 2009 the s p up over some 172 . A theme for 2014 is gonna be names over indexes and particular sectors over o
Motivated buyers. Making the nasdaq the only major indicies to end the session in the green yesterday gold up 23, oil 18cents. It could turn in to a not so yummy day for yum brands stock. The company that owns kfc continues to see a decline of sales in china due to a chicken scare allegedly caused by suppliers breakng rules. And the latest data shows. American workers are up to 10 days of vacattion from 8 back in 1993. But they are also getting less paid sick time. Lincoln ellis of Strategic Financial Group joins us this morning. Good morning lincoln. Good morning. The nasdaq notched higher yesterday. Will there be follow through today or will it be a selloff . It looks like of the three major markets its the most perky as weve gone through the august doldrums. Technology is still a very growth oriented part of this market and investors are looking for that growth portion of the market at this stage of the game. So that market itself finds a bid. You see reasons for that to rally. What
Crisis. Gm shares are trading near the high of the year and gained 1 yesterday to close at 40. 90. The s p closed at a new high yesterday. The rest of the market at modest gains and loses. Wicked weather continues. Heavy snow is expected to the east. While in the west california Citrus Growers fear freezing temps will damage crops. And, a final farewell to Nelson Mandela today. As 91 world leaders, 4 american president s and masses of mourners pay tribute in south africa. Jim richter of Performance Trust joins us on this tuesday morning. Good morning, jim. Good morning, angie. Were hearing more from the fatheads those fed president s now starting to leak that maybe we will see a taper before the end of the year. How is the bond market reacting . Well the head of the richmond fed president who has been fairly vocal in his opposition to the quantitative easing programs has come out and said he expects a healthy debate and even the st. Louis president who has historically supported all th
and that s what this debate is all about. this is what s at stake for millions of americans. this is why it matters to people. it matters a heck of a lot. and i m asking the american people to keep their stories coming. tell us what $40 means to you. if you tweet it, use the hash tag $40. call, tweet, write your congressman, write your senators, tell them, do not let up until this thing gets done, don t let taxes go up on 160 million working americans, don t let millions of americans who are out there looking for work right now and the economy is starting to improve but they don t have a job yet, don t leave them without a lifeline in items of cutting off their unemployment insurance. when a plane is finally lifting up off the ground you don t ease up on the throttle, the keep the throttle on full, you keep going, and our plane is up there, but we re not at cruising altitude yet. [laughter] after all, extending the tax cut and the unemployment insurance is the least of what
$40, he wrote, means a heck of a lot. it means a heck of a lot. and that s what this debate is all about. this is what s at stake for millions of americans. this is why it matters to people. it matters a heck of a lot. and i m asking the american people to keep their stories coming. tell us what $40 means to you. if you tweet it, use the hash tag $40. call, tweet, write your congressman, write your senators, tell them, do not let up until this thing gets done, don t let taxes go up on 160 million working americans, don t let millions of americans who are out there looking for work right now and the economy is starting to improve but they don t have a job yet, don t leave them without a lifeline in items of cutting off their unemployment insurance. when a plane is finally lifting up off the ground you don t ease up on the throttle, the keep the throttle on full, you keep going, and our plane is up there, but we re not at cruising altitude yet. [laughter] after all, extending