Within the s p 500 on a points basis. Goes back to the idea that the mega cap tech stocks continue to hold their own even with the cautious commentary. With more market analysis, lets bring back Credit Suisse chief equity derivatives strategist, mandy hsu. We are hearing from these different executives about the lack of guidance, lack of visibility. What is the take away for someone like you . What are you hearing from the commentary . Mandy i think the biggest take away from earnings is how little they matter for this earnings season. A lot of ceos are unable to give clarity, unable to give going forward. Much was from last quarter, which as you know, was very different. The most dislocated metric is still correlation, how high correlation is. Extremelyast week, an busy period of earnings, correlation increased back to the march levels, a sign that investors are still pricing this to be a macro environment rather than single stock focus. Romaine do you think there is anything that cou
Post game, critics say cam changed, he was not the same smiling quarterback we have gotten used to this season. After questions from reporters, he got up and walked out. We know broncos quarterback harris was in the same room within ear shod talking with the media about forcing the panthers to throw the ball more. Live from bank of america stadium, what did cam have to say when the players cleared out the lockers this morning . The message was pretty carry, he says he has no regrets on how he acted dur room. It was open to the media. Nobody has to talk. He spent five minutes talking to reporters and did paving it clear he has no regrets. Furthermore, he said this, i am loser, i will show you a loser. He talked about the game saying they just simply let plays on the field am obviously it didnt go how he wanted it to go, i will also say this, theres been a lot of criticism about how he acted during the game. I asked olsen and cotchery about that. Both came to his defense. Anybody who que
For the holidays. There we go, we are all in the red. The biggest hit is the nasdaq, the tech heavy nasdaq down all day. Even when the dow was up, the nasdaq down, tech stocks taking a beating today. Shibani weak sales sending retailers and they read it today. So the highend names among the worst performers. Coach, michael kors, not holding up in todays market. David even the homebuilders could not get a bounce. Could it possibly be some profit taking . Up tremendously the past three to six months so perhaps that is what is going on. Some prices are looking down a bit after having gone up tremendously even the overall trend is good for homebuilding but for every reason stocks are down today. Were getting dangerously close going over the fiscal cliff which means taxes go up for everybody who pays taxes but what else does it mean for you and for the economy . The chief of staff on george w. Bush council of economic advisors, she thinks were probably going over because the white house wil
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