In perhaps, germany and spain, some more muted declines. U. S. Equity futures are looking a little bit better this morning. At this point, the dow futures are up by about 46 points above fair value. But i dont think how much faith you put in these implied opens at this point. What is indicated now is not necessarily how the day ends up, but it is certainly something to watch and see. The fed did decide to trim bond purchases. It was the Central Banks first unanimous vote on policy since june 2011. The fed made no reference to the selloff in emerging markets. They didnt talk about that, they didnt mention the cold weather. But the fed stood pat and this is an enormonormous decision. Joe, you are looking righter and righter on that call. And im not happy about it. I dont want the globe to slowdown. No, no, no. I just did the math. 75 divided by 1850. Were at the s p were at 1774. So its down from 1850. So 7. 5 divided by 1850 is exactly 4 . When you put it in those terms, a decline of 4
Particular reason. And people panic. Simply because they figure those future shares must know something. And that what happened today with the dow down and then rallying as the dow dropped 150 points and the nasdaq dropped. 47 . Im on a mission to have you buy low and not sell low. Like today, other than they saw red ink. There is no reason the market is going to go down. You will always get a better time to sell, if you wait for it. Including today when core indexes came back. Unless something negative happen this is weekend, i suspect well open up and maybe big on monday. Courtesy of the guys in the futures pit. Just as i said, buy the 200 point decline on the dow on days like today and if we open up on monday, and you wont have mad money to kick around, if we open up big on monday, i think well have a chance to buy lower. Dont chase. It is a fools game. Ive spent time analyzing opening and closes and it drives me crazy that people freak out on a random friday or the dramatically ove
Nasdaq dropping 1. 7 , but it was a better day for the social, mobile and cloud stocks, namely facebook and google and because the gains came so fast and furious today, we should waste no time and get right into them. Lets take facebook after last nights report. Simple fact of facebook is that its the Fastest Growing big capitalization stock of america because it is surfing the Fastest Growing theme of america. Social, mobile the cloud. This is a company that owns the young person demographic all over the world with a product that works best when youre on the go. Facebook is the modern way. Other than google, for advertisers to connect with potential buyers. It puts an end to that old song, 50 of advertising works, i just wish i knew which. At facebook, it is 100 of the advertising that works, which is why this Company Might be the greatest advertising vehicle of all time. It can be used for branding, direct marketing, local and national through a preselected audience that wants the pr
The market. Big surprises already this year, in this young year. Gold and treasuries not acting the way anybody thought they would. Absolutely. Speaking of earnings, its a huge day for earnings today. The biggest day of the season. We get some big names after the bell that could have an impact on the market tomorrow. Amazon and google will be out with their results in just about an hours time. We will get you the numbers first. We have a ton of experts standing by ready to break it all down. These are widely held names. Gotten a lot of read through. No doubt about that. The neverending search may be ending. Our partners are reporting the microsoft search for a new ceo could be coming to an end within the next week. Who could it be . Whos behind that question mark right there . Why is it taking so long . And a reminder, heres where we stand across the major indexes right now. The dow up about 110 points. Its off session highs. The nasdaq adding 79 at this hour. The s p 500 up 21 points.
With one very lucky lady and her 8yearold daughter. Lara along for the ride last night with exclusive behindthescenes access. How did this mom score the date of a lifetime . Youre a firework and good morning, america. Okay, lara, we want all the details. He is the greatest date in the whole wide world. What a lucky lady. George clooney, you rock and all for a great cause too. Well hear all about it coming up. Josh on assignment. Great to have amy here. The snow coming down so hard. Right now in new york. Look at this road cam north of new york city. Commute going to be slick and slippery for so many. Ice over half an inch right now. You say so many, because were going to take a look at worcester, mass, right now, near boston where snow is coming down thick and fast. Theyre expecting over a foot of snow there. Abcs ginger zee leads our extreme weather team covering this storm for us outside. Good morning, ginger. What a sloppy mess out here, not just in new york city. This is back to pa