Looking at the hang seng and nikkei up. Shanghai composite took a dip overnight. European equities, pretty much a green picture across the board. Mostly marginal with the italian ftse down a bit. Wti crude, where were now hovering at 51. 17. Todays the day donald trump will give his first News Conference as president elect. It is scheduled for 11 00 a. M. At trump tower. You can watch the conference on cnbc at 11 00. The mexican peso tumbled to historic lows since the election because of concerns that the president elect could take measures that would weigh on mexicos currency. Former exxonmobil ceo riler son facing the Senate Foreign Relations Committee in his confirmation hearing. First trump responding to new unsubstance yated claims that russian intelligence operatives have compromising information about him. Eamon javers has the latest. As this election season goes on, the bar continually gets raised for what can be shocking. As we hear more and more. Yesterday completely filled t
We dont need to dits cuscus things. Were on the same page. I need you here some other days, when the other guy is sitting there. He shut off my commuters. Did he do this . This is work from the inside. Ill help you get in. Okay. We will. Steve is with us for the hour. Weve been watching the u. S. Equity futures this morning, after the markets ended on a mixed note yesterday, similar story today. Yesterday we watched the averages slowly, after some weakness at the open, well see things even out. Calm trading throughout the day despite the attacks in the uk and despite concerns about whether or not the healthcare reform bill would get passed. The average closed around the session highs. Right now dow futures are indicated down by two points. S p futures indicated up by one. And the nasdaq up by 1 1 2. Overnight in asia, the nikkei was up by 0. 25 . Slightly higher for the hang seng and shanghai composite. In europe, in the early trade, after everything that we were watching so closely ye
That got clobbered when they reported earnings and roared higher. As people seemed to predict the bad news. Overlook it, or just said, hey, maybe it wasnt as bad as i thought. These stories are behind a lot of the recent rally. Including today with the rally 212 points. I ignored the fact that Kimberly Clark had fallen from 127 to 122 off the quarter, until the interview began. Right at the top of the intervie you just asked point blank, if the decline made any sense to him at all. Because it sure didnt make sense to me, given how well the company was doing. He promptly agreed. We went over not only was the quarter a miss, so to speak, but there were many line items much, much better than expected. It seemed obvious, that i did a little homework. They did the big pirouette and surged from 122 to 133. 50, hitting an alltime high. The sellers they were just plain wrong. Next up, lets talk clorox. Heres a similar situation. Sill love the quarter. Because it showed some incredible margin i
Longer term if the stories change oar even better. Some from before earnings, and some from after positive interviews, so i know what im talking about. 5 to 615, but the wall street looking for 6. 40. I dont know i read the notes. Listened to the Conference Call and read the analyst comments. It seems like kimberlyclark had a lot of good things to say, there was some onetime missions that i do my best, by the way, not to look at the stock when i do this work, because im convinced the holders of so manywh stocks are renters, really. That to take your cue from the immediate action is just plain stupid, so i noticed the fact they had fallen from 127 to 122 off the quarter until the th interview began. Right at the top of the interview, i asked him make any sense to him at all . It for a close today. The sellers they were just plain wrong. Next up, lets talk clorox. Heres a similar situation. Sill love the quarter. Because it showed some incredible margin improvement because energy costs w
Change oar even better. Some from before earnings, and some from after positive interviews, so i know what im talking about. Recently we had five ceos come on mad money. They all fit the bill, the narrative is exactly what im talking about. First up was tom faulk, ceo of kimberlyclark. His company showed tremendous growth, no matter, the company said it projected the headline number 2016 earnings of 595 to 615, but the wall street looking for 6. 40. I dont know i read the notes. I heard the press release, listened to the Conference Call and read the analyst comments. It seems like kimberlyclark had a lot of good things to say, there was some onetime missions way, not to look at the stock when i do this work, because im convinced the holders of so many stocks are renters, really. That to take your cue from the immediate action is just plain stupid, so i noticed the fact they had fallen from 127 to 122 off the quarter until the interview began. Right at the top of the interview, i asked