To do in these extort every times. You can see the closing levels for the day. Scarlet looks kind of mundane, a welcome breather for everyone. This is the first time in nine days we have not seen a 1000 point move in the industrial average. We have been seeing 1000 plus point moves every day the last eight sessions. Today, we break that streak. The s p 500 up 0. 5 . Keep in mind that we will have quadruple witching tomorrow. The excitement begins again. Romaine fulltime saying that could bring relief to the market because once we get that, it gives an opportunity to reset on volatility. Some of the individual movers. There are some big names. Uber up 30 today. Cisco of 20 . Slack up 16 . There are people bottom fishing, saying some of these stock valuations have gone down too far, too fast, and there are some longterm opportunities here. That are some of the names investors saw worth buying. Scarlet scarlet the faang index rising 8 . Clearly people seeing value in the big cap tech name
Impeached after the house approves the charges against him. They have nothing they are the ones that should be impeached, every one of them sweden Central Banks hikes rates to 5 putting an end to five years of policy despite a slow down. The bank of england is expected to stand pat as the queen prepares to layout the government agenda for the second time at the state opening of parliament and a 1 billion pay out to Share Holders as the swiss chemical maker sells the unit for more than expected good morning and welcome to the show our top story today. Donald trump has become the third u. S. President to be impeached. The house passed two articles against him with votes falling largely along the party lines. Charged with abuse of pour and obstruction of congress, President Trump is expected to face a senate trial early next year but not before leaders square off to set the terms of the proceedings. Tonight, donald j. Trump becoming the third american president to be impeached. Article on
Here is charles payne. Charles im charles payne, this is making money i. Breaking now, despite todays little bit of a lull it feels like the rally will go on forever. What do you buy in a pert pell all rally. We have gary kaltbaum, phil blancato, cameron dawson. Theyre all hire. Gloom and doom unbridled optimism. We have two of the best to clear up the debate. How to triple your return on a hot investment. Kip herriage on a potential grand slam in small caps. My takeaway on embracing america and avoiding the fate of germany. All that and so much more on making money. Charles all right, scientists from the very begin having always wanted perpetual motion machine, right . So i read where if you had a flywheel could spin forever with just one push under the right circumstances though. You would have to create a volume of space thats pure, no matter, no gravity, no light, no energy of any kind. Then you place a perfectly balanced flywheel made of a material that has no internal energy, not
He was kind to keep his commitment to be with us here today. But he will not be able to talk about the Monetary Policy aspect of his position at the fed in todays session. That said, there is lots he cans ill talk about. Very goodwill have a discussion on the topic of too big to fail. Before that, over bit of background on president kashkari. All fed bios are interesting but his is particularly eclectic. Anbegin his career as Aerospace Engineer in california where he developed technology for nasa Space Science missions. After graduate school, he joined Goldman Sachs in San Francisco where he helped Technology Companies raise capital and pursue strategic transactions. To 2009, a very quiet time in terms of the economic and Monetary Policy environment, of course. He served in several senior positions at the u. S. Department of the treasury. 2000 eight, he was confirmed as assistant secretary of the treasury and oversaw the troubled Assets Relief Program or tarp during the financial crisi
This is coming back from decent economic data. A ton of data cap today, but what was noticeable is the manufacturing and services, which added fuel to the idea the fed may go ahead and raise rates come december. Joe those numbers are what people Pay Attention to, the isn number setting the tone for the day. Matt and fuel really helped today. Oil stocks were among the biggest gainers. If you look at the imap, you can see financials were the real winner. Wells fargo was one of the biggest point additions to the s p. You see energy ranks below it, the losers really, the safety stock. Telecom, we have been seeing the last few days every trading day this week, the defensive stocks have been big losers. Look at the percentage gainers, energy names like chesapeake and transocean, two of the biggest percentage gainers on the s p 500. Thethen health solutions, biggest gain since september 23, where i went up 15 . This is a chemicals maker people are paying close attention to. Joe lets look at t