Resorts. Should investors roll the dice it is our call of the day. The Investment Committee is ready to go. Halftime report starts right now. Welcome, good to have you with us on this tuesday. Our Investment Committee here today, joe terranova, stephly link lets begin with this recordsetting market. The big downgrade for apple after the epic run, shares up 90 last year. Keeps hitting new record highs as do the averages, dow and s p at new highs today about this downgrade on a number of levels, apple specifically is there a message within that for other stocks that have had meese meteoric rises start with apple cramer said if you are not in the stock, dont buy it. Wait to see if earnings live up to what the stock has done. Makes sense i did something that was not disciplined. I bought calls yesterday on apple on the way up side the reason that triggered me was there was monsterous call buying when it was trading in the 290s there was massive when i say massive we dont see that kind of p
Cheryl investors shrugging off inflation concerns. Stocks building on the recovery rally in the u. S. Open and stronger. All i hear. Lauren asia celebrated the new year pic markets are closed in china as south korea and japan jumping 1. 5 . Cheryl in washington, President Trump in person at 25 gallon hike in the gas tax to pay for his infrastructure plan. Its not going to fly with voters . Fbn am starts right now. Lauren good morning. 5 01 a. M. In new york on thursday, february 15th. Im lauren simonetti. Cheryl im cheryl casone. Lauren we are learning more about the suspect and the Horrific School shooting. 25 miles northwest of fort lauderdale. Trained investigators say 18yearold nicholas cruise post on social media before the deadly rampage. His adoptive mother died on november 1st. He was staying in a mobile home with a friend and his parents. Cruz was expelled for disciplinary reasons. Police searching the mobile home last night. He had been staying there for about 90 days. Lauren
Known about it and followed up by expelling 35 Russian Diplomats suspected of being Intelligence Officers peered theresa may said her country is appalled by the ongoing violence in the Eastern Region of syria. Stop to the a Syrian Government attacks on civilians and called out Bashar Alassads biggest supporters. Not just about the Syrian Government but his backers and we call on all of the backers, including russia, to make sure stopsiolent violence and people in need of help are given help. She says the u. K. Is working with the United Nations to help get humanitarian aid to the area and that president charles on is preventing many of the Bashar Alassad is preventing many from leaving to get medical help. Global news 24 hours a day, powered by more than 2700 journalist and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. In new yorks noon at 5 00 p. M. In london and 1 00 a. M. In hong kong. I am vonnie quinn. Shery i am shery ahn. Welcome to bloomberg market
Continue to linger over iphone sales and whether this companys best days are behind it whavm. Whats going to happen today. A lot of us were talking about this a week or so ago when the stock is trading 94 a share i think. Here it is 101 yesterday and trading around 100 today. What you wonder about is was a lot of this already priced in. A lot of us agreed a lot of this is probably already priced in so are we expecting them to have a blowout quarter . Absolutely not. Are they going to probably reach some of the numbers that people expect on the street . Yes. And they might exceed some of the iphone numbers if what some of the reports are true about india, some of the pricing may be over in india. That could be a bit of a trigger that does raise the numbers a little bit higher. I asked this question yesterday and you were not able to make it here. Next 15 points in this stock up or down. Up. So right at 100 now. Youd be a buyer here. Well, i own it and the only thing that i would change
The nasdaq down by just over six. Thats all coming as oil prices have rebounded this morning as well. We were looking at wti yesterday after the close ticking below 30 a barrel. It was down there this morning as well. As you can see, its recovered a little bit. Its now back at 30. 41. Okay. Lets also tell you a couple other things going on today. The fed and earnings keeping the markets busy. The fomc kicks off its twoday meeting today. Steve liesman will have the exclusive results of the cnbc fed survey. Also in earnings central, super busy this week, especially today. We have j j, Proctor Gambl gamble, 3m reporting before the bell. Apple reporting after the bell this afternoon. A lot of people watching that. The Company Expected to report that iphone sales increased slightly more than 1 , but that would be its slowest growth ever for the device. Analysts expecting 75. 5 million phones were sold in the final quarter of 2015. In huntington, bank shares is buying ohio rival first merit