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Transcripts For KICU First Business 20130813

Motivated buyers. Making the nasdaq the only major indicies to end the session in the green yesterday gold up 23, oil 18cents. It could turn in to a not so yummy day for yum brands stock. The company that owns kfc continues to see a decline of sales in china due to a chicken scare allegedly caused by suppliers breakng rules. And the latest data shows. American workers are up to 10 days of vacattion from 8 back in 1993. But they are also getting less paid sick time. Lincoln ellis of Strategic Financial Group joins us this morning. Good morning lincoln. Good morning. The nasdaq notched higher yesterday. Will there be follow through today or will it be a selloff . It looks like of the three major markets its the most perky as weve gone through the august doldrums. Technology is still a very growth oriented part of this market and investors are looking for that growth portion of the market at this stage of the game. So that market itself finds a bid. You see reasons for that to rally. What

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Transcripts For KICU First Business 20130906

Into the unempoyment data out this morning. Gold dropped by 22 dollars. While oil is back above 108 dollars per barrel. Theres a wide range of expectations about the labor market. The market expects any where from 177thousand to 210 thousand jobs were added to payrolls last month. Its anticipated the Unemployment Rate will remain unchanged at 7. 4 also making headlines the 10 year treasury hit 3 in late trading yesterday on concerns the fed will soon end its bond buying program. Lincoln ellis Strategic Financial Group joins us on this jobs friday. Hello lincoln. Good morning angie. Will todays job numbers motivate the feds to taper sooner than later . Absolutely going to be a motivator in the markets been anticipating it since the beginning of the summer really. Two pieces of internal data to look at the jobs report this morning. The label force participation rate, how many people are looking for jobs and secondarily and perhaps more importantly; average hourly earnings. How much peopl

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Transcripts For KICU First Business 20130913

Thursday. After a long rally run. Gold buyers backed off their safe haven play by pushing gold futures down 41 dollars. Oil was the only sign of possible trouble with the syria crisis. As futures shot up 1. 13 per barrel. Boeing is ready to stretch. The jet maker reportedly has scheduled the first flight for its dreamliner 7879 for next week. Walmarts wage war win. The mayor of washington vetoed a bill that would have forced walmart to pay employees a living wage of 12. 50 per hour. The democratic mayor called it a job killer. And trader joes is reported to be Cutting Health care benefits for parttime workers. But will give them 500 to buy their own coverage on health exchanges. Lincoln ellis of Strategic Financial Group joins us on this friday the 13th. Lincoln, is there any reason to fear the market or should we be fearless . Friday the 13thwere sitting right close across all time highs across most of the major markets and weve got a big fed meeting next week. Maybe not fear but caut

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Transcripts For KICU First Business 20130709

Thanpredicted results but alcoas revenue fell short, and wds forecast was shy. Stocks rallied in anticipation of earnings. The dow gained 89, the nasdaq 6 and the s p 8. Gold added on 22 and oil lost 40 cents, ending around 103 per barrel. A muchanticipated vote happens today with fdic members potentially approving tougher rules on banks. Barnes and noble ceo William Lynch is resigning. Shares fell 2 when the news broke after the close. Lincoln ellis of Strategic Financial Group joins us now for a look at the headline stories happening on the trading floor. Good morning to you, lincoln. Good morning. Alcoas earnings are out. Does it set any kind of stage for corporate earnings this time around . Tough to say from alcoa, really. They beat on the top line, but the estimates have been continually ratcheted down three times, actually meaning only by a penny there. And they have been in the commodities space, so its tough to tell. Alcoas never really a great barometer of earnings, but they

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