See extremely cold weather hit the country this week. Road map begins with markets trading in record territory. Investors eyeing retailers, many set to report earnings this week. Speaking of retail, what is the biggest day in ecommerce around the world, singles day is tomorrow, alibaba could rake in 8 billion in one day. Well go live to china. Mcdonalds october sales down, key figures across the board but better than what the street was expecting. U. S. Stock markets aiming to extend their weekly winning streak to four. The dow and s p each hitting new record, closing high on friday, despite the jobs number coming in below expectations. This week, investors bracing for a number of earnings reports from likes of walmart, macys, jcpenney, retail sales, abactual number friday, with a lot of fed speak. Alibaba is the focus. Im glad davids over there this is a stock, youre also buying yahoo how brilliant Marissa Mayer held back, more than 120 million shares from the ipo, this is a stock tha
Momentarily. But we begin tonight with three of the worlds Biggest Companies and what they are saying about the gloiblt economy. Caterpillar, the maker of construction and mining equipment, which reaches more than 180 countries blew past earnings estimates. But it also issued a warning. Procter and gamble the largest household product firms which touched consumers across the global said revenues fell a sign of weakening demand or something else. And 3m cut the full year outlook. Together the three companies are sending a message to the markets about the global economy. The multinationals caterpillar, 3m and procter and gamble all components are feeling theects of a stronger dollar and geopolitical uncertainties. Caterpillar beat revenue profits but said it is bumpy. And Lower Oil Prices have cut demand for cats exploration equipment. Other sore spots inclu mining hardware locomotives and in china, construction equipment. Im going to be very realistic with you. Well not repeat this quar
But we begin tonight with three of the worlds Biggest Companies and what they are saying about the gloiblt economy. Caterpillar, the maker of construction and mining equipment, which reaches more than 180 countries blew past earnings estimates. But it also issued a warning. Procter and gamble the largest household product firms which touched consumers across the global said revenues fell a sign of weakening demand or something else. And 3m cut the full year outlook. Together the three companies are sending a message to the markets about the global economy. The multinationals caterpillar, 3m and procter and gamble all components are feeling theects of a stronger dollar and geopolitical uncertainties. Caterpillar beat revenue profits but said it is bumpy. And Lower Oil Prices have cut demand for cats exploration equipment. Other sore spots inclu mining hardware locomotives and in china, construction equipment. Im going to be very realistic with you. Well not repeat this quarter the rest
But we begin tonight with three of the worlds Biggest Companies and what they are saying about the gloiblt economy. Caterpillar, the maker of construction and mining equipment, which reaches more than 180 countries blew past earnings estimates. But it also issued a warning. Procter and gamble the largest household product firms which touched consumers across the global said revenues fell a sign of weakening demand or something else. And 3m cut the full year outlook. Together the three companies are sending a message to the markets about the global economy. The multinationals caterpillar, 3m and procter and gamble all components are feeling theects of a stronger dollar and geopolitical uncertainties. Caterpillar beat revenue profits but said it is bumpy. And Lower Oil Prices have cut demand for cats exploration equipment. Other sore spots inclu mining hardware locomotives and in china, construction equipment. Im going to be very realistic with you. Well not repeat this quarter the rest
What do we bid on when the market comes in from the auction or because theres too much profit not to take something off the table. What can you still sink your teeth into . As the averages barely budget, dow up 11, s p slipping to. 06 , thats 9 , and even after years and years of managing money in some form or other, these questions swirl through my head as i look over todays action after a big up day yesterday. It is always like this, the big rally, the consolidation, trying to pick what can still move and making sure that you wont buy something that wont be able to will rally because its just plain bad. Now we had a momentum market going here, meaning investors are chasing whats hot and if you dont mind buying high, theres plenty to choose from. It is just ramping and hey, you can buy netflix, amazon. The two sainted stocks that dont need to show earnings as theyre all about the love of their customers. You can use the big secondary offering from facebook, and 41 million shares from