Outperformer, up 0. 6 of 1 small caps pulling back. Our Investment Committee today, joe terranova, stephanie link, jon najarian joe, lets get your top line read of the markets right here we had an 8 pullback into mondays open. Weve rebounded a little more than half of that over three days, so was that it for the nearterm pullback or are we still in a choppy phase . Well, we still have more fight to encloses the gap from last wednesday into thursdays decline for the s p, mike. That gap sits at 3153 to 3181. The composition of todays tape shows weakness in what had been kind of those dashfortrash leaders. If i look at the dow, i see exxon, boeing and chevron. They are underperforming today within the s p you have the cruise ships underperforming and then for the nasdaq, its the airlines and marriott. So the strength has to come from the old place, your Mega Cap Technology oriented names. Theyre going to have to carry the momentum to close the gap further. On the other side of chairman po
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So whatever beat out fake news. No offense but which i really hate. Yes. Also literally as in im freezing literally. Gosh. My choice really just a letter. A single letter. The letter k. K. As in im running late. Ill be right there. K. K. I hate its all good. Its all good. Okay. What does that mean. No. Its not. I find k so much more disrespectful thats okay. You didnt have the strength to type the extra syllable. I will remember that. Im glad youre here with me today. Sal and mike are off today. We will start in washington where republicans are planning to celebrate passage of the tax reform plan after one more vote in the house this morning. Reporter an early Christmas Gift for republicans as Congress Votes to overhaul the nations tax code and deliver the gops bill to the president s desk before the holiday break. President trump tweeting this morning, the tax cuts are so large and so meaningful. The results will speak for themselves starting very soon. Jobs, jobs, jobs. After eight s
Incredible slide for these shares which are down 50 this year. Thats going to take a very long time, a lot longer than people thought this is a broken growth story for sure they do 80 of their business in north america. Thats where the challenges are. Thats not actually surprising nike has had problems with north america. Everybody is having problems with north america, but youve got to the find companies that can have offsets nike does, so under armour, not only do they have north america exposure but they have product issues, right, all the performance stuff. They dont have lifestyle, thats going to take some time its still expensive because numbers keep coming down even though the stock prices come down, numbers are coming down pretty big time what plank said, we look to close out 2017 do not expect these conditions to improve, he said. Visibility is poor. Right, and youre hoping that kevin has thrown in the kitchen sink here. Do you go and buy this stock here absolutely not because
Anderson, the c. E. O. Of Delta Airlines. Youve got three big, big carriers, american, united and delta. Youve got a really big supernational carrier that is the largest domestic carrier which is southwest. Then youve got some majors. Youve got alaska and jetblue who all call Large National carriers. And then there is spirit and frn tear and sun country and allegiant. So you have a really nice competitive, contested lineup of carriers. Rose ferguson, missouri, and the aftermath and Richard Anderson when we continue. Funding for charlie rose is provided by the following a dition additional funding provided by and by bloomberg, a provider of multimedia news and Information Service its worldwide. From our studios in new york city, this is charlie rose. Rose Michael Brown senior and Lesley Mcspadden are here. They are the parents of Michael Brown. He is the unarmed teenager who was killed by a white Police Officer, darren wilson, on august 9th. Also here is their attorney benjamin crump. T