Nicole this is one of those markets with a lot of anticipation. Every focuses on the fiscal cliff. Tomorrow is the allimportant jobs report for a lot of folks have been hearing more Economic News which has been more dismal lately. Talk about more layoffs they have seen in november. Right now the market is not too far off the unchanged line. The acidity holding 1400. The tech of the nasdaq still below 3000. Today apple is now moving into the green and that is one of the reasons why it is holding on to a quarter percent gain. Apple 700, 705 in september traded as low as 518 today. Certainly has been under significant pressure, however people use that as a buying opportunity which is evidenced in the twoday chart. With the fiscal cliff fast approaching, naturally its about time lawmakers took a long recess. Theyre gone today, but will be back tuesday. It meets with Small Businesses in their district, they will highlight what they say i see ae Small Business tax hike president obama is pus
Forward. Possibly reopening the government. Boarding in just a couple of maps. Already at the port ago. Out here in the pouring rain and we will see if lightning strikes. Sorry. Cannot help myself. We do have some word on the house side that, perhapsg coulde deal. Kevin brady, the republican cochair of the joint Economic Committee telling fox news radio just in the last hour that he thinks that there could be a deal this weekend that everyone is working hard. A spokesman for the speaker says that theyre trying to move forward with this 6week increase in the debt ceiling, but that they are holding out for some kind of framework to deal with the longterm fiscal issues of the country, particular entitlement programs. But one senator who is in there now says this morning that he really wants to see this all wrapped up. Take a listen. We shuu down the government, a fools errand that would not succeed. That is a fact. There are things that we could reach we could negotiate, tenement reforms,
Hello, im on inside. This is out there alive. Doha also coming up as ukrainian troops close in on the russian control. City of cas song, moscow calls on civilians to leave the region. Thousands of twist, employees lose their jobs. As a social media, johns new owner, elo mosque looks to cut costs. Ah, campaigning officially begins in malaysia snap collections 2 weeks before versus a shuttle to head to the polls. Ah, and i am welcome to the program speaking publicly for the 1st time since being shot on thursday. Pakistans, former Prime Minister on con, has accused the government of being behind a failed attempt to assassinate him. Cons p t i party, says Prime Minister, shabazz sharif. And all that top officials are to blame. The government has denied any involvement, lay haunting reports, former Prime Minister imran con plan to protest, caravan across pakistan, demanding elections be held to your earlier, and the current Prime Minister resign ah, then on thursday, a few days into his 300
Im jim cramer. And welcome to my world. You need to get in the game. Going out of business and hes nuts, theyre nuts they know nothing i always like to say theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money, welcome to cramerica. Other people want to make friends, trying to save you a little money here. My jobs not just to entertain, but to educate, teach you how the market works. Call me at 1800743cnbc. The script right now says the companies are supposed to be performing horribly. Were supposed to be geared for disappointment. Which makes it so unfathomable that the averages rally today. Dow gaining 62 points, s p rising. 27 , nasdaq climbing. 45 . What do you do . I have to put myself in the mind of the market. What do you do when a gigantic fortune country you havent heard of but with everything with testament what do you do when they say things are much better than expected . How do you spin that story negatively, darn it .
The pipeline that could keep that growth going for many years to come. Game changing medicines that are disrupting the market and crushing the competition. Including many of the old Line Companies whose time now seems spent. We can find growth in the oil patch where companies are putting up 30 Production Growth giving us staggering increases which on days like today we walk away from. But when oils up a buck, people smile on these. They go crazy for the likes of pioneer and eog. We love growth and rapidly expanding retailers and restaurants, red robin gourmet. Buy, buy, buy shares rallied 7. 47. Or starbucks which jumped 1. 62 on price increase in the united kingdom. 5 cents more for cappuccino with skim wet produces a 1. 3 billion rise in the companys capitalization. Neither of these holds a candle to what michael kors the accessory chain accomplished today, with an astounding 49 increase in profits. With samestore sales that soared 23 . Anything north of 5 increase gets these growth