Points, in asia, more news out of china as exports fell most in seven years, stocks did eat out again with the shanghai composite of 0. 4 but stocks in japan fell 3 4 . Lauren after gaining 5 yesterday lets check how crude oil is fitting right this second, 37 still, it is down 0. 34. The Justice Department put the federal judge in new york to overturn a ruling to force apple to unlock the iphone of the drug dealer. We have the latest on this story. And Peyton Manning makes it official, hangs up his colleagues. Maria schiarapova drops a shocker about a positive drug test. It is 5 a m in new york, welcome to fbn a. M. , your first look at todays markets, the latest breaking news and what to expect for the day ahead. Republican president ial candidates making their final push for votes in todays contrasts in michigan, mississippi, idaho and hawaii. In total, 150 delegates are available today. Ohio Governor John Kasich and ted cruz trying to demonstrate their regional appeal in michigan an
Tweet me jimcramer. I dont know about you, but it feels better, doesnt it . Is it actually better . Pretty good consolidation following yesterdays big run. Dow inched up, nasdaq climbed. Thats why we have our checklist, the one i created back in midjanuary when it was ugly to help determine if this market has what it needs to give us a sustainable rally. Not a tradable one but a sustainable one. We said the fed has to give us clarity about where it stands on rate hike and the last week weve had two, the new york fed downgraded their views of the economy will be cautious about the rushing to rate hike judgment. As long as we dont get a smoking hot employment number on friday. This is good enough for government work. You know what im doing . Im checking it off. Two, we need some resolution to the political uncertainty. List, we had no certainty in either party. After last night, barring some extreme, its hillary versus the donald. Now we can create portfolios for either eventuality. Mayb
This weekend. Look for Interesting Exchange between donald trump and megyn kelly. Last time they faced off was in cleveland when she called him out on his comments about women and he said that her comments were unfair, they have recently said that they want my gosh mike kosta be bygones and wont mention that tonight but there still might be some fireworks. They say that i would talk about donald trump so you never know what could unfold. But both have spirit, and she has said that. Moderators, well have some questions tom throw them off their talking points so it should be must watch tv tonight with highlights that i had to show tomorrow. Governor kasich starts off his leash and ohio with a battleground of ohio rally and joined by arnold schwarzenegger, the rally is sunday at 2 30 p. M. At the Franklin Park conservatory and Botanical Gardens in columbus with more information at fox 8. Com. M. Just hours before the next gop debate its getting ugly inside of the Republican Party s. Lorri
We expect aggressive stimulus. Meanwhile, the decline in the shanghai stock market hasnt hurt our markets. Thats a big change. Ill call it a half check. Thats why we have half checks. Maybe it can be a full check on monday if the parliament does the right thing. Fourth, do we have a commodity bottom . Copper is breaking out. Im feeling more confident this group may be going down. Not necessarily from increased demand which is what we like but from reduced supply so what were going to do is give it a check mark. Box number five, oil needs to stop going down. The relentless slide must end. Hmm. We had a big inventory increase today and it didnt get hammered, it went higher. New pattern. It looks like oil stocks have stabilized. Im feeling good crude may have bottom. I dont expect a big rally the market but the down side seems to be quantified so i am saying check. Six, we need to see some improvement in the geopolitical scene. Here we have a definitive check. North korea started this, no
As long as we dont get a smoking hot employment number on friday. This is good enough for government work. You know what im doing . Im checking it off. Two, we need some resolution to the political uncertainty. The last time we went down the list, we had no certainty in either party. After last night, barring some extreme, its hillary versus the donald. Now we can create portfolios for either eventuality. Maybe ensuring our portfolio for some of them. I say check third, we need china to get better. Its gotten worse but the frame index has been creeping up slowly and theres be a big Chinese Parliament meeting where we expect aggressive stimulus. Meanwhile, the decline in the shanghai stock market hasnt hurt our markets. Thats a big change. Ill call it a half check. Thats why we have half checks. Maybe it can be a full check on monday if the parliament does the right thing. Bottom . Copper is breaking out. Im feeling more confident this group may be going down. Not necessarily from incre