Edwin star, war, what is it good for. Welcome to power lunch, im Tyler Mathisen and i date myself proudly, ladies and gentlemen the dow at its low, now down 123 or about a half percent. But why . Well, its basically boeing and caterpillar. S p 500, it is higher by about a fifth of a percent and nasdaq higher about a half percent. Those are sitting at record levels the nasdaq, i should say, despite the hurdles facing big tech as the doj takes aim at the industry more broadly launching a broad review of Big Tech Companies over fresh anticompetitive concerns. Elon moy with more the Justice Department plans to look at three areas of concern. Are the Big Tech Companies stifling innovation or harming consumers . The doj said there are widespread concerns about practices related to search, social media and some retail the doj does not name specific companies, but google, facebook, am amazon and apple could get caught up in this. Without the discipline of meaningful, marketbased competition, d
Faith. If youre going to make big money in the stock market, something i believe is possible, or else you wouldnt be watching, you need to have some faith in the ability of companies and the people running them to deliver. Today, the dow climbed 116 points and the nasdaq rocketed 1. 69 . [ applause ] more than any moment in a long time i have seen a need to invoke George Michaels terrific investing advice. Thats because there were some winners at work that you would have missed out on if you didnt have faith. Lets start with Len Schleifer. We all know that big biotech is swooning of late. A lot said they were tapped out, but theres much more to regeneron than a eylea. And that eylea is doing far better than the analysts expected. Now, as i peruse the analyst reports, i was struck by variations of the same phrase over and over and over again. Little upside, not enough upside. However after regenerons magnificent move up today, stock at one point up 34 all i can say is if thats what bake
Good morning, everyone, on this tuesday, december 18, 2012, as senators say goodbye to their longtime colleague yesterday, they will be welcoming a new senator from the state of south carolina. And tim scott has been tapped to replace jim demint. And the papers reporting progress being made about the socalled fiscal cliff talk. First, we return to the tragedy to discuss Mental Health issue in this country. What should be the role of the federal and State Government if any in Mental Health . Also send us a tweet, twitter. Com cspanwj or facebook. Com cspan or send us an email. Let me begin with the hill newspaper this morning and this headline. Mass murders spark wide debate on violence. Congressional debate in newtown, connecticut has gone far beyond gun control to include a focus on Mental Health programs and pervasive violence in popular culture. Lawmakers calls for an examination of those issues echo president obama who want a comprehensive approach for violence prevention that woul