Bill, youre back. Of course. Weve just started without you here, mandy. Im bill griffeth. Lets find out who made money on wall street. Im still getting dressed here. Ralph is our mentor here. And theres our own rick santelli. So we just got started here. What do you think of this market . Im ecstatic. Youre ecstatic . Yes. Is that beyond bullish . Yonbeyond bullish. If bad news cant take you down, thats good news. For the past couple weeks, thats all weve been getting. And the market is working its way higher. Its not only in the states. Its around the world whether it be hong kong, the dax or the cac. Everybody is saying theyll compromise. One way or another, washington will compromise. You talking fundamentals here. We have to find out what the reason is its going up. It has to be that. Dan, are you ecstatic or more sober on whats happening . Im a little more cautious. I totally agree with ralph that the Market Action today is terrific this year on bad news. I think the next six mont
Russell 2,000, small and mid size caps all good. Liz todays rally started overseas as european markets had a string of gains. Big winner . Germanys index at levels not seen in five years. Investor sentiment in the country rose more than expected. The five year chart, and as you can see, best thing, getting close to the five year level. David gold coins flying off the shelf, you read about that, trading in spot gold is not following suit. It is down today, a little bit, but when you think of all the progress made by the gold coin sellers, youd think that would have a pop on the overall price of gold, but not so. Liz under the Radar Technology etfs that out performed. Internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. David more than a stock market, theres a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devast
Lets check in with Lauren Simonetti. Another record day for the dow and s p. Lauren absolutely. 12 more hours until 2013 ends on wall street. The dow at a record high as we close. The dow took out another intraday high. It closed at a new high. The nasdaq hitting a fresh annual high. A solid day of volumes. Also to the upside, the vix popping a little bit, but still maintaining the gains for the year. Shares of ibm, you look at the dow 30. 29 of the 30 dow components up. Many of them up better than 50 . The sole loser is ibm, down about 3 in 2013. The first annual loss since 2008. Back to you. I just went around the floor looking for white wine as a joke but everybody has read. Adam exactly. I will be rubbing that into cheryl. Wall street 2013 gains actually reached and final gone to main street . The majority are actually feeling optimistic about the economy once again. Wall street journal economic rigor in fact ms. Contributor steve moore joins us to talk about what this paul truly m
Airline flight, one report says the plane may have flown four hours following its last communication with airtraffic control. Lets bring in ashley webster. The story is confounding. Ashley we are back to square one in this Bermuda Triangle like story with each passing day generating new theories and claims but bottom line no tangible sign of Malaysia Airlines flight 370 and the 239 people on board. The report as you alluded to in todays wall street journal quoting u. S. Investigators claiming the plane flew about four hours after that last contacts. All based on a planes injuns that transmit to the ground as part of routine maintenance program. Rollsroyce apparently in the last few seconds saying we did get some information but malaysian officials denying the report saying they have been in contact with boeing and rollsroyce since sunday. The issue was never raised. As the confusion deepens malaysian authorities expanded their search for the missing jetliner westward toward indias this
Improved. Its the talk of the town. Even as Inflation Numbers go up, its counterintuitive. Is the stock market bracing for a curveball that it wasnt expecting, a report showing a big jump in inflation on the wholesale level is raising those eyebrows and concerns that if inflation really is starting to rear its ugly head it could change everything for stocks and the economy. We will take a closer look at that story coming up here momentarily. Also ahead, more problems over at the irs. Paying out 13 billion in tax credits to people who werent qualified to get that money. The problem so bad that one in four payments shouldnt have been made, and this has been going on for years. Why hasnt it been fixed . Larry cud lowe is coming in and weigh i weighing on thoughts. And the flap over flappy bird. So addictive that its young vietnamese create ore pulled the game because the pressure, he says, was running his life even though it made him a multimillionaire almost overnight. What was he thinki