Finding money in garbage, yes, trash. You wont believe the big names lining up behind this trade. Hi, everybody. Tyler is out. Mannedy is on the half time report this week. So youre stuck with us. Were getting a modest rally. You have three things going for you. You have oil on the upside. Its behaving. You have a modest time to rally and a europe rally. Thats all you need going into the close. Modest expansion of new highs. Ill show you in a couple minute. Thats been there all throughout the day. The volume predictably on the light side. Lowest volume dave the year yesterday. We have a broad swath of sectors on the upside here. I would have liked to see energy and materials. The losers on the year leading. Thats not the case. Tech, health care. Energy up is. Consumer name, remember, value outperformed growth throughout the year. So kelloggs, kimberly clark, smuker, new highs for them. People are debate wlg this is going to happen in 2016 or not. And, of course, consumer name have done
Excited about this market. Today was a profit taker after Interest Rates spiked again. This will be backsliding. The get the proposed deal. Before you get too negative lets propose a few more acquisitions. Why shouldnt they sponsor apache . Shouldnt i be questioning analytics . All these deals make sense to me. They make sense to me because they remind me when activist bought alergen which is looking like pure genius. They reported the biggest numbers in 2015. A monster beat vrsous what the analysts were looking for, propelling the stock up 9 on top of pretty good action at the end of last week despite the hideous backdrop of a really terrible stock market today. Hey if you dont know activist allow me to refresh your memory. It is the business run by Brent Saunders operating at an incredible lechl. Their turning them into commercial power houses well before their time. November 2014 he boughtaler again for 66 billion. 219 a share. At the time it looked like a ridiculous overpay. Alerge
/PRNewswire/ IEP Utility Holdings LLC, an affiliate of Icahn Enterprises L.P. (the "Offeror"), announced the completion of its tender offer (the "Offer") to.
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