Along comes some. Ken gaventic surprises by amazon and microsoft. The dow gaining 61 points. Nasdaq advancing. 37. These big capitalization companies,ably chips as if theyre junior Growth Stocks and once theyre in orbit, they keep flying higher as we saw earlier in the week when good numbers from such stores as 3m, boeing, honeywell, they reverberated multiple game plans. After all, who could have fireworks with their earnings . I say look no further than apple, which reports on monday. Now, there is a lot of chatter involved if that. Thats what apple has to do to get its stock moving higher. Thats in part because carl icahn has managed to hijack the debate of the soul of apple. They want apple to buy back stock to convene the shares up with its own buying power. Its pretty easy, apple should stop sitting on its idle cash and do something. Twitter wants to come out 15 billion, boom, up by 20 billion. Netflix is a way for people to watch tv. However, whatever the market costs, ill buy i
You can blame the democrats for their inability to offer any cuts to spending. You can blame the republicans for not wanting to even consider tax increases. But dont you dare blame ben bernanke for not being willing to take bold action to get this economy hiring and moving again even if his statements about economic weakness ultimately cause the averages to stumble from some pretty lofty levels. Dow ultimately declining ability 3 points, s p inching up 4. 4 . Closing in positive territory. Nasdaq giving up. 28 . When you look at what ben when you look at what ben bernanke did today youve got to marvel. The republicans themselves refuse to get specific on spending until they see something from the white house. The elected portion of our government is not helping this economy at all. Their failure to rise above politics to reach a compromise is now really starting to hurt the u. S. Economy. In this vacuum, the fed has decided to keep rates low. They stepped in saying listen, business, we
Futures meantime okay. 10year yields not moving a whole lot and may not until we get the fed statement tomorrow. Our road map begins with apple, profit and revenue did beat the street last night but margins are below expectations. Sears has considered breaking off its lands end and sears auto businesses. Facebook looking for the social marketing revolution. And nbc reporting the Obama Administration knew millions would not be able to keep their Health Insurance under the new Affordable Care act. First up, though, apple did beat the street last night with its fiscal Fourth Quarter numbers. Profits fell, growth margins slid among heightened competition, despite the sale of 40 million iphones for the quarter. They see revenues 55 billion to 55 billion. Heres what ceo tim cook had to say last night on apples conference call. If terms of supply, into the quarter with a very significant backlog. However, our supply is building each week. In terms of the retina or the ipad mini where the resi
Strongest storms of ten years. Massive disruptions over there. Our road map begins with the major indices at or shy of new highs as we begin to cross the Halfway Point of earning seasons. It is trading lower in the free market. Earnings beat. Revenue was a bit short. Apple set to report before the bell. A chance to see how the newest iphones are really selling. A clash of titans. Mcdonalds dropping heinz catsup. The s p coming off a record high close for the fifth time. Dow chasing history within 1 of its record closing high on september 18th. Investors will Pay Attention to a bunch of earning numbers. A twoday meeting of federal policy makers concludes on wednesday and the fed is not expected to cut back on the bondbuying program due to the neck tiff economic effects of the 16day Government Shutdown. The day that flow is going to be very heavy this week. No jobs number this friday. All the adps, claims, cpi, housing, heading our way. This is funny. There are still some very important
Funds are go going to go out of business, theyre nuts. They know nothing i always like to say theres a bull market somewhere. Hey, im cramer. Welcome to mad money, welcome to cramerica. My job is not just to entertain, but to teach and to coach you. So call me at 1800743cnbc. May 2013 be as good as 2012 for you in the stock market. Thats what i found myself thinking all day, in spite of todays incredible action, best day in over a year of the. The dow soaring 108 points. The nasdaq rockets 3. 07 , i feel like im surrounded by people who are already fretting about the next big bad thing. This time its the debt ceiling fight. Theyre worried eem as it seems the market has a tremendous case of sellers remorse. Theyre scared. Even as it seems those who fled the market year end are in their buying and buying the same stocks we sold. When we looked certain to plunge into the fiscal abyss. How else do you explain how we got the best first day of the year for the s p since 2009 . Lets take a mo