Check out the shares of five below. We will tell you how low below could go power lunch starts right now and check out where we stand on the s p and nasdaq both in record territory not there just yet still below the key 29,000 level that it hit on friday. Thank you very much, everybody. Earnings season b, thats going to be your top macro story the next couple of weeks it is kicking off in a big way with big banks set to report tomorrow and this could be in some ways a make it or break it for stocks as a whole because earnings are expected to drop on average 0. 7 if they do, that will be the second straight quarterly decline. Back to bob at the nyc its not so much theyre down 0. 7 for the Fourth Quarter thats a concern for the markets because thats largely priced into the market and if we go where we normally go, that wil come up. Well end up to about 2. 5 overall. Its these numbers First Quarter and second quarter. They were much higher a few months ago while its typical for numbers to
M contractas up. I wanted to become a director. How did that work out . Hello, and welcom everybody. The endf the year is e perfect time to reunite with old friends, but weve been doing that allearing on. We absolutely have. We got some ofour favori casts back together, and lets start with a comedy classic celebrating its 20th anniversary, american pie. What doe it feel like being back together again 20 years late kind of crazy. Prettygreat. Kind of feels like honestly, whenever i see this group it just really takes you back and feels like no time has passed. D you have any idea when makinghis movie it will still stand up 20 years later . Personally ielt likee were part of something special. It was really interesting cause the internet was kind of haening, but not obviously the way it is today. [ bleep ]. [ laughter ] im at a with moms and dads and theyre like, youot old. Im like yeah, 20 years ago. Lets talk about the pie. Theres pies everywhere. That scene yeah, it was. Jim . Its not
2020 the Investment Committee is ready to go. Halftime report starts right now. Welcome good to have you with us our Investment Committee with us today. Jim, the brothers, megan and cnbcs jim cramer. He, the host of mad money. Stocks up for the first time in four days. Trade headlines again the stories, still the worst week for the dow in four months investors getting whip saw ed b the deal no deal drama jim, just call me when a deal and im done okay i cant deal with this day in, day out. Theres a deal, theres no deal. May not wait, may not have one before the election. Were close, were not close i was a judge on the apprentice for many years. There are always two sides i have to tell you, many time, sworn about what happened in the actual room, but we wanted these guys to be pitted against each other. The ratings wouldnt go down if it was just resolve like this. We had to kind of have an eliminati elimination. You got kudlow schwartzm schwartzman, navarro perhaps. So what happens is t
Ideas. The Investment Committee is ready to go. The Halftime Report starts right now. It is did to hais good to hh us joe terranovterranova joins us lets kick it off with stocks. Record highs for the major averages, volatility, the lowest since the summer the question now does it clear the decks for a major move higher by the end of the year, josh brown, that question goes to you first hey, judge, how is it going how are you heres the big picture. Take the s p and the dow out of it look at the etf for atwx, global stocks without the United States in it, or look at the efa index, theyre both hanging at new highs. That is something that not a lot of people expected going into this year. There was a conversation about how the trade war would be damaging to europe and brexit would be damaging to britain what if i told you german stock market is up 25 year to date, japan is up 17 , the United Kingdom is up 28 . You wouldnt have expected those things to be happening that back drop is importa
And china next month. Investors view that meeng as a sign of progress in the conflict between the worlds two economic superpowers and that eventually it will be resolved. Trade developments hav moved the market both higher and lower inin recent weeks. Today, stocks rose along withst ins sentiment. The Dow Jones Industrial average rose 372 points to 26,728. The nasdaq was up 139, and the s p 500 added 38. Seema mody was following all of the action from theoc new york exchange. Reporter for the second straight day, easing global tensions sparked alobal rally. Stocks jumped on hopes that the u. S. And china will come to terms on trade. Officials from the two countries now plan on resuming highlevel trade talks in october. Triple digits close i c best twoday rally in three months. A wide range of stocks participated in the rally technology, consumer discretionary, industrial stocks like 3m and caterpillar that do business in china, p ps a number of retailers that sourceuc pr and sell their