Private label business. Were going to discuss whether this is good or bad for its bottom line and how will they compete in the private label wars . My partner sue on the floor of the New York Stock Exchange. Hi, ty. Thanks. The dow and s p are hovering near their record levels. Caught up on where the market stands. The Dow Jones Industrial average up about 20 points on the trading session, the s p up 2. 30. The nasdaq is strongest in terms of the percentage side to the upside at 12. One Hedge Fund Manager says now is the perfect time to short stocks. Here you have a bubble that is largely driven without fundamentals in certain areas and this crazy by fur cated market where you have cheap and expensive stocks inside the same sector. And when this easy money period ends and maybe even before as we see some of these fundamentals starting to soften you will have an opportunity to make a lot of money op the short side. Where is all the action when it comes to shorting this market . Lets go
We have a lot to talk about. As we wrap up this week. We had so many days apart that we lost our group. We need to get our synchronization back. We will start with the news feed. This is the top is the stories around the world. Eddie lambert is spinning off lands end. He has been selling off sears shares. End has been called the jewel in their crown. It does not make much money. They made 1. 6 billion last year. Another struggling retailer, j. C. Penney says the sec has asked for information about its finances. Septemberrk sales in and is attempting to turn around shareholders. By 30 eighthares percent. And it is the latest escalation and holiday shopping. Kohls Department Stores will keep their stores open for 100 hours straight from december 20 until christmas eve. They operate almost 1200 stores nationwide. I hope you are not there. Hopefully you will be wrapped up by then. We have a report on jobs. According to the jobs report out a few minutes ago, unemployment dropped to a fiveye
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