Stocks up early. Look around the set. It is packed as the bell has rung here. Lots of people standing around on the floor also talking about the idea that we could be close to an agreement. However, we are now looking at next week after christmas. Lets take a look at how were finishing on wall street. The industrial jones average finishing up on the day. 13238. Last trade on the nasdaq and the s p 500 tonight. Better than 1 on the session. Only nine more trading sessions until the fiscal cliff deadline. How do you want to position yourself right now . Joining me right now is mark keon. Good to have you on the program. Thank you so much for joining me. Ed, lets kick it off with you. Youve been a student of fundamentals so long. What are you expecting out of 2013 on earnings and economics . I think 2013 will be a somewhat better than expected year. I think the upside to economic growth. Lets say 3 growth is more likely than 2 which is the con s census. Is there anything that worries you
Performing. First this x party, retail edf, top holdings include netflix and office depot and then the are the h includes walmart and home depot, benefiting from superstorm sandy. Bold seeing a big pop up 20, but look at the injured they chart. It has popped about halfway through the session. Dave that was 10 30 you see the arrow going straight up. That is when we got word overseas that some of the problems seem to be resolved temporarily. It is always temporary and of course that led to a pop in the euro which means the dollar is down which means gold is up. Theres a reason for that. Heading to the movies this Holiday Season . You wont below. Peter guber, at a look at the big movie studios hope you will line up for and this is a lot of sequels although there is a prequel but peter guber will be here. Tracy black friday job efforts out in full force. Which retailers will end this season as winners . And to is the big loser . Jennifer Davis Research analyst at lazard capital will give u
Were talking about a new ipad again. Were seeing apple finally jumping a little bit up 1. 9 for apple shares. Liz disappointment, ford. Get a quick read. Europe is the problem for ford. [closing bell rings] liz great. Trucks good. Europe tough. David call this a claman rally. Everybody is happy that claman is back in town. Everybody at nasdaq by the way, just are barely into negative territory there,. 0 to the downside at nasdaq. All the other indices are doing quite well. Liz couldnt get the nasdaq. David you couldnt do it all. We have nice gain in the dow jones. It is about 50, 45 points away from dow 14,000 on its way to a new high. S p up by the same percentage. Nasdaq just down a slight tick. Russell 2000 up a slight tick. So a little mixed message here. But clear rally in the dow. Liz so many of you are in etfs. Guess what . Today marks the 20th anniversary of the very First Exchange traded fund. The first etf was the spdr 500, spy. Lonesome spdr paved the way which is 1. 4 trill
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