Earnings season when theres too much to keep track of and the action seems to stop making sense. The dow gained 46, the s p advanced and the nasdaq climbed up, you have every right to be extremely frustrated stocks that should be going up are going down stocks that should be down are going up human sacrifice, dogs and cats are living together, mass hysteria theres a method to that markets madness you need to understand it. Otherwise, youll have no idea whatsing if on whats going on a close investor is a bad investor so let me walk through some of the craziest examples. Im going to start with caterpillar. Caterpillar, the stock huge shortfall in response of course the stock correctly plunged 6 in Early Morning trading. Well, i thought it was a bit of an overreaction, nothing unusual about a stock going down in disappointing numbers is there its what happens next thats should we take our cue from this hard to explain. Cat down 6 and slowly rebounded. If you saw it near the low, this is a
I im sick of amazon, im sick of tesla. But believe it or not, the market is bigger than those two names and i think we have to start recognizing the massive number of stocks that are doing well, that are entirely in bull market mode. The dow gained 2 pointses, s p 500 gained. 08 . I think we should start with t catca catcat cat piller piller was a rill do. Now its at 97. What happened . First donald trump was elected president and because hes pro oil and gas and drilling and hes also pro coal. Donald trump cant say cove coa. Plus if trump can pass his infrastructure package, admit d admittedly something that doesnt look very promising for this congress. But its impossible to subject how many people have been laid off, but the number is substantial. Caterpillar has gotten a hold of its dealer network. They had that chronic problem that forced the company to discount its products dramatically. Its solving the really intractable supply chain issue. And the Global Economy has changed, part
While the infants mother attended to the other child and moore took the child from the stroller and ran out of the mall with the baby. The alleged abductor was royced and they called police and went to her home and found the baby here. Shortly after her arrest. Investigators said she told them she had been pregnant back in february but the baby did not survive or live long and when she held the infant in the mall and all the feelings came back and was sorry she took the child, that was shortly after the arrest a few months ago. But her attorney said he would not say if he she was ever present, but that she had a baby shower with 100 people in attendance. Her Attorney Says she is Getting Mental Health counseling. She will be back in court in june. Im sara bloomquist, channel 6 action news. Thank you. From our new jersey Newsroom State Police say a search for a fugitive in new jersey has moved out of ocean county. Arthur buckle escaped from the state prison in Camden County on tuesday an
Are at the top of their game at least Aaron Rodgers is. The eagles, not so much. Mark sanchez is react to go this brutal loss. Big daddy gram will join us this hour of breaking down what went wrong. Frank on twitter sums it up best kerry barrett. Eagles got blown out. Now looking out the window, plus it is monday. Yeah, why dont we all just go home. Worst day in the history sue serio. If you are watching at home, just stay home, really. It will be that kind of a day. As i tried to be poetic earlier the heavens are trying for the eagles. We have a two out of ten today. Only plus we could find is temperatures will be milder, then they have been but we will have times of heavy rain, it will be slow go for you today. Winter weather advisory in the Higher Elevations of carbon and monroe county. That means frozen precipitation mixed in. You see all this rain in the area right now and more on the way, streaming in from the southwest office, there will be a few breaks in the action, this morni
Horrible, right. What a disappointing night for the eagles. Quarterback mark sanchez had to say about the teams horrible performance, and what that means for this coming sunday. Finally eagles back at the link for a day game at 1 00 oclock. Cheer them on, right. It is monday november 17th 2014. Hi guys. Good morning. Yeah, you look outside the window and say why cant i go back to bed. Pull those covers backup over your head. We all wanted to but it wasnt an option. With all this rain, meteor shower to happen and we cannot even see it. When does it happen. Just your imagination. And tomorrow as well. Okay. Anyway, wednesday morning, will be better but no meteor shower then. We will talk about possibility of record low temperatures on wednesday morning but lets get through today first and give you your number. Ready, ready for the number of the day. No, it is a big old two. Just what i thought it would be. Two rimes with egh, rainy but it is milder then it was over the weekend so that it