Done here you see the home builders, weve had a terrific rally in the builders in the last few days but hovnanian was 29 just a month ago. Its a 9 stock right now. Yes, weve had a great rally, but bear in mind how far weve come and how many more headlines we have yet to get through a lot of people are also optimistic watching the vix drop it has dropped exactly in half since march 15th it was 86 on an intraday basis march 15th, you see it at 43 exactly a 50 drop thats making a lot more people a lot more optimistic. A lot more arguments that the markets are higher have been mitigated by the fact that weve just had such a big rally and its hard to push against this rally right now. Look at these stocks right here and how much they have moved since the market bottomed, the february 21st close, which is when things really started get getting bad. Walmarts up, verizon is only down 1 . Merck and 3m down a few percent. This is when things started getting really serious you see how much the ma
And show you how things are shaping up the westbound side of i66 and 123 looks like an accident blocking one lane use caution no major delays. Your next update in 10 minutes well send it over to you. New this morning the manhunt is over for convicted rapist floyd ray cook. Cook was shot and killed overnight in cumberland county, kentucky. According to Police State Troopers and a u. S. Marshall opened fire when cook failed to comply. The 62 year old con vick was on parole for raping a 19yearold woman back in 1971. On sunday he allegedly shot a Police Officer in tennessee. Police say that happened after cook was pulled over for a traffic stop. Day two of deliberations in the Charles Severance trial and it seems the jury is asking for a lot before they make their minds up. Nikki burdine is live at the courthouse to explain. Good morning. Reporter jury members will be back here at 10 00 today to continue deliberations and based on what theyve asked from the judge they have their work cut o
Of America Executive who says jpmorgan and jamie dimon are being punished for helping to save the financial industry during the crisis. And then well get reaction from former congressman barney frank after the lead oped piece in the wall street journal this morning said that barney frank should be arrested before any bank ceo. When it comes to this crisis. Of course, mr. Frank will respond to that in only the way he can. Im looking forward to him coming on and responding to it because people want to know why regulators were asleep at the wheel while all of this was going down. Was it a Health Care Law pep rally . Many more questions than answers as to why obama care websites remain frustratingly slow. No one know to be held accountable, as well as kathleen sebelius, secretary of health and Human Services. This is really the hotbutton issue right now. Many furloughed federal workers who received unemployment checks during the shutdown will be able to keep that money even though theyre g
Independents and all others, 2. 202585388 yesterday at the daily News Conference of the white house, jay carney the spokesman there was asked about liberals who are advocating going off the so called fiscal cliff. Here is what he had to say. [video clip] he spoke with john boehner. By the weekend and he will meet with them at the appropriate time as well as nancy pelosi and mitch mcconnell. So the process that he began is continuing. Recanting you to be optimistic that a balanced approach is achievable. We know what the solutions are. It was senator who said that in an oped, one benefit of all of the debate said we have had any discussions over the past couple of years is that we know what the parameters of a balanced solution for these challenges look like. And they include both spending cuts and revenues and entitlement reform. They have to have all three legs of the school of got to report of that. Jay carney at the white house. Was asked about the idea of going off the fiscal cliff
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