Dow coming off a high and the s p and nasdaq coming off. They are sort of mid range is what we are looking at. The risk off attitude has resumed to some extent. It is the nasdaq doing the worst of the bunch. Losses double what we have seen for the s p 500. We have bounced off the lows as the nasdaq traded down. Here is the today chart and the bounce we are seeing even yesterday. We saw the nasdaq close off the lows of the session. If you look at the percentage declines in the nasdaq 100 three of the four worst are not even tech stocks. Ats to neutral firm davidson, the analysts saying there is a deteriorating nearterm business fundamentals if you look at the company, and the companyceo had presented a thoughtful Strategic Land but were lacking, as was execution specifics. Dollar tree is down as well as we saw forecasts disappointing perhaps. It is interesting that it is not just tech and the nasdaq. You look at the 52week highs versus lows, we are at 44 . Just last week where the nasda
Dow coming off a high and the s p and nasdaq coming off. They are sort of mid range is what we are looking at. The risk off attitude has resumed to some extent. It is the nasdaq doing the worst of the bunch. Losses double what we have seen for the s p 500. We have bounced off the lows as the nasdaq traded down. Here is the today chart and the bounce we are seeing even yesterday. We saw the nasdaq close off the lows of the session. If you look at the percentage declines in the nasdaq 100 three of the four worst are not even tech stocks. Ats to neutral firm davidson, the analysts saying there is a deteriorating nearterm business fundamentals if you look at the company, and the companyceo had presented a thoughtful Strategic Land but were lacking, as was execution specifics. Dollar tree is down as well as we saw forecasts disappointing perhaps. It is interesting that it is not just tech and the nasdaq. You look at the 52week highs versus lows, we are at 44 . Just last week where the nasda
Dow coming off a high and the s p and nasdaq coming off. They are sort of mid range is what we are looking at. The risk off attitude has resumed to some extent. It is the nasdaq doing the worst of the bunch. Losses double what we have seen for the s p 500. We have bounced off the lows as the nasdaq traded down. Here is the today chart and the bounce we are seeing even yesterday. We saw the nasdaq close off the lows of the session. If you look at the percentage declines in the nasdaq 100 three of the four worst are not even tech stocks. Ats to neutral firm davidson, the analysts saying there is a deteriorating nearterm business fundamentals if you look at the company, and the companyceo had presented a thoughtful Strategic Land but were lacking, as was execution specifics. Dollar tree is down as well as we saw forecasts disappointing perhaps. It is interesting that it is not just tech and the nasdaq. You look at the 52week highs versus lows, we are at 44 . Just last week where the nasda
Third. Hang seng down 0. 2. European equities, heres a look across the board. Seeing red, that is bleeding over into our markets. The ftse 100 the worst performer, down three quarters of a percent. The german dax, relative outperformer, down 0. 1 there. As we keep an eye on the trading in that session. Crude, obviously continuing to be important for the market. Kind of hovering around these levels here. 51. 52. Wti, brent both up a bit. Nat gas making a move as well. It has been whipsawed around the last couple of weeks. Ecb holding its first policy meeting of the year. President mario draghi will hold his normal News Conference at 8 30 a. M. Eastern. Last month they decided to extend the Bond Buying Program until late 2017. Look at the euro. We are trading 1. 06 versus the dollar, the yen, 114, and against the pound, 1. 23. In the u. S. Today, fed chair janet yellen will deliver another speech. This time in stanford, she will take questions from the audience. In remarks yesterday, a h
Want and fix obamacare and move onto tax cuts. Its a contentious legislative schedule, but it has begun. Second headline, you might not like the president s style, but you like his handling of the economy, surprise, surprise. Its up sharply in a month. Who knew. Republicans must unite to get it done. Democrats have to be careful about blocking trumps popular economic policies. And for investors, the trump rally is still on hold. Politics and money, thats what we do. Varney company is about to begin. It is obamacare gone because we repeal all of those taxes, those mandates, those subsidies, theres nothing left there. And instead, we give them the same tax break that we give workers at big businesses, its obamacare light, it retains a significant part of obamacare, retains the cadillac tax. Retains a form of the individual mandate, instead of paying the government youre going to pay the Insurance Company, but it also creates a new federal Entitlement Program and gives it permanent increa