Im going to take advantage of it, because im trying to make some money around here. After an amazing week but a homum day with the dow drop pig and the nasdaq gaining 2. 2 , i want to talk to you about two buy dips. Google and ibm. Now you might think im sticking my neck out, but i am saying im doing is introducing a notion of longterm opportunity. And its not a copout. First off, we know google and ibm both disappointed people last night. We know that because they went down after earnings, its undeniable. And a stock that goes up after a good report is a good stock. And a stock that goes down after a bad report is a bad one. In other words, people were expecting an upside surprise simply got it wrong. In the world of trading, you buy a stock for catalyst. You get the catalyst, you sell no matter what, good or bad. Thats what trading is all about. Thats called discipline. Have you the discipline to recognize you bought something for a trade and it just didnt pan out. But investing is w
Floodwaters get even worse. Were going to be live on the scene of both of those developing stories. And, a fight for the ages, perhaps. Floyd mayweather back in the ring tomorrow night. One man is going to win. Two Cable Companies will also claim victory as well as a lot of side players. This is a big fight with big money on the line. Well take you inside this hour on power lunch. First, though, lets check in with sue at the nyse. Good to see you. We start with the utter dislike throughout america for all things wall street. Thats despite the fact that 401 k s are near record highs as the stock market is also near alltime high levels. Since the market hit bottom in 2009, the dow is up 135 , the s p up 149 . The nasdaq up 192 . All the indices more than doubling or tripling since march of 09. John harwood has more on this nbc news wall street journal poll live in washington for us. John, over to you. Sue, i think one of the reasons is, that those gains are not evenly distributed through
Ship, carrying 21 people infected with coronavirus is set to dock tomorrow. A quarter of italys population is on lock jon. Closing off of the lombardi region and 14 other provinces in the north. Including tourist destinations like milan and venice. A quarantine facility collapsed and trapped 71 people. And back here in the u. S. , a person who attendsed cpac has testified positive for coronavirus. The person infected has been quarantined in new jersey and had no interaction with President Trump or Vice President pence. The total number of confirmed cases of crooronavirus in the u. S. , is 446, across 32 states and washington, d. C. The nationwide death toll is 19. Nbc news correspondent scott kohn is in oak lands. Reporter they were originally supposed to arrive at the cruise terminal across the bay in San Francisco this past thursday. And then the 21 coronavirus cases changed everything. They have decided on here, the port of oakland, tomorrow, that the ship will dock here. And its no
Indicate there could be thousands of people who have reached the security of the green zone and are now in the heavily fortified part of the city, the heart of baghdad. Its an area of about four square miles. The u. S. Embassy is there about a mile or so from the parliament building. Earlier there were concerns about some of the parliamentarians who were in the building at the time might be trying to flee to the u. S. Embassy or other embassies in that area. No reports of that as of yet. Its nightfall there. Its getting late and the situations been going on for some time. There are also some reports of Security Forces firing tear gas at protesters who are trying to enter the area. Theres also a state of emergency throughout baghdad in the area adjacent to the green zone and throughout the city. A huge bustling city with millions of people there. Now all this is the result of political chaos thats been going on in baghdad for some time now. These are protesters demanding reforms, demand
Good morning, everyone. Its wednesday october 11th. Im Ayman Mohyeldin alongside Yasmin Vossoughian and louis burgdorf. With a rising death toll, fire crews are struggling to contain more than a dozen wildfires burning across Southern California right now. According to authorities at least 17 people have died as fast moving fires have pushed flames from neighborhood to neighborhood. The Sonoma County Sheriffs Office said yesterday it had received over 200 reports of missing people. Only 57 of which have been found. So far, more than 2,000 homes and buildings have been destroyed, state fire officials stay months of dry weather and winds clocking anywhere 30 to 50 Miles Per Hour, are spreading the flames. The fires developed, and were promoted by these winds. With such speed, a lot of people had very not even a moments notice to get out of its way. And in Southern California fire and rescue officials there say the socalled canyon fire, too, continues to burn but is no longer threatening