Today with the dow gaining 104 points jumping to another record along with transports. S p slid 0. 04 but the nasdaq, it plummeted 1. 2 . [ screaming and many of the big cat names were down much more. Days like this one show you why i find it so worrisome that stocks within the same sector often trade in tandem n unison we joust dont know which direction theyll head in so if your whole portfolio was invested in only fast growing tech stocks you got the Steve Buscemi treatment as it went into the wood chipper. If you were diversified and the cheap banks that invested in transports like the railroads or airlines you had a fabulous day. [ applause ] it was this the house of pain. The house of pleasure. Why not out ofwhere we have a chance for tax reform it didnt seem possible weeks ago so all of the Domestic Companies with high tax bills are likely to see taxes come down big time which will give their future earnings a major boost that is the key to a higher stock price. However which awe
Components, which will drop the dow 53 points. The market opens well, im not going to say strong but flat to higher, despite all the talk of a government shut down. They will be playing the blame game today all day long. The shutdown deadline is midnight tonight. Investors dont appear to care. Dont forget this and dont ignore it. America is now the dominant energy power. We call the shots. Boston, three to one favorite to get amazon headquarters. We had to get the bookies somewhere, we did your . Varney company is about to begin. This is like getting doggy doodoo and putting a cherry on top and calling it a chocolate sundae. Stuart thats a revolting image, in my opinion. Nancy pelosi sounding off about the tax bill. The president just tweeted this. Here we go. Government funding bill passed last night in the house of representatives. Now democrats are needed if its just a pass in the senate. But they want illegal immigration and weak borders. Shut down coming, question mark . We need m
Decline. Reason for that decline was walmart. Shares of the Worlds Largest retail had one o their worst days ever today. The company did report earnings that missedanalysts estimates. And on top of that, its on line sales which had been aar big of its growth story lately, they slowed. Thats not somethingre investor expecting, especially during the critical holiday toarter. So the was down, more than 10 in todays trade. Urt me reagan has more on what happened at walmart. Reporter the Worlds Largest retailer has been on a run for some time, growing sales and its stock price. Butes irs arent thrilled about the health care quarter results. The most recent quarter showed a continuation of strong total u. S. Stale with 14 straight quartersro of gh and in store traffic. They fell short of expectations. And on line sales gw at the slowestace for at least five quarters. The company says much of it was expected because of the an verary of the jet. Com acquisition. The ceo explained on a atypical
The windshield wipers. Havent seen this in a while. Hidef doppler showing some green on the screen. And some areas of pings and whites and that would be in the form of snow. So just moments ago, i saw a band of snow flurries towards the mount diablo, tassajara, further southeast its moving so its very, very quick the way these are behaving so as soon as i set our doppler in position it moves out of that shot. You may see some of the white powe on the hilltops. Heres a look at drizzle going through, places like martinez just got done and lagunitas, bolinas moving further south across San Francisco daly city see rain going through millbrae and san mateo. Its light, not measurable. We saw some rain and some Higher Elevation snow across the north bay valleys, as well. North bay hills may see a dusting of snowfall across elevations as high as 1500 feet and above. Westbound 580, this is a live look near 4. Traffic alert now in effect all due to a motorcycle crash. Westbound 80 at pinole vall
Looking at the worst week in two years with all of the averages well see what happens today its been interesting to watch volatility to see whats going on meantime, lets take a look at whats happened overnight in asia the nikkei was closed for a national foundational day holiday in japan the hang sentence down over 0. 1 shanghai composite and stocks in south korea higher with the kospi at 1 . In early trading in europe, you can see things are in positive territory as well. Big gains. Gains of 1 or better across the board. In fact, the dax is up by 1. 9 right now. Then if you take a look at treasury yields, this is a big story. What kind of inflation do we see. The tenyear is yielding 2. 88 this week, were going to be getting inflation data cpi on wednesday and thats something that else to see if inflation is really out there. A couple big stories were watching before we get back to the markets. Vice president mike pence said the u. S. Is open to talks with north korea but will continue