Not everything is a dog gone buying opportunity nasdaq tumbled or even when a single sector comes under serious pressure like we are seeing with health care. I got an idea for you. You need to pause and patiently assess the situation before you just pull the trigger on the buy sign yet i dont hear people counseling patients. Instead they say this is our chance put money to work, chaching chaching. Lets think about our market given that we were approaching levels that were a little lets say parabolic. Is it safe to say we are down enough, lets put it all to work dont get me wrong, market has been fabulous for the bulls and i understand completely that many of you have been waiting for exactly this kind of pull back to do buying. Perfect. I am not against a market that should be bought that has never been something i have been trying to stop but i am asking you this if you think it is down enough, i dont want you to buy all at once instead buy gradually on the way down in stages you can
Again today. Dow advancing 70 points and the s p climbing whats going on here . Why the heck are Money Managers leaving the very best in order to pick at the raggedy rest . When i say nobody likes these stocks i say most of the bigtime Money Managers and an acts vift that we interviewed yesterday just didnt want to go to those areas. They didnt seem to like or trust these businesses. For example, bill akreman, smart guy, made companies with restaurants and railroads, said he fears buying into businesses that could be wiped out by a disruptive competitor virtually overnight. He likes Companies Like Warren Buffett describes a business that can be taken down from the proverbial better mousetrap. The Money Managers who repeatedly year after year have gone back to the stock because theyre cheap, have given in and surrendered and theyre not able to take the pain anymore. The house of pain too hard to analyze, and you what . These Money Managers might very well be right theoretically. I think
The first trillion dollar company, the details on jeff bezos power lunch. Welcome, everybody im brian sullivans better looking twin brother lets look at the markets. The dow, s p and nasdaq hitting record highs again today telecon and Consumer Discretionary are the best performing sectors not a lot but enough, the nasdaq and the s p may be down a bit right now but hitting lord highs, verizon, merck, boeing, disney are your dow leaders. Boeings move comes on the back of 10 gain yesterday. On the flip side, the transports are having their worst day in over a month 5 below their record high get this, just breaking a few minutes ago, adp shares, they probably make your payroll checks, soaring on news that bill Ackmans Pershing Square is building a stake in the company. Im Michelle Carusocabrera its the busiest names of the earnings season. Check out the names, verizon, u. P. S. , adp, mastercard, twit to name a few lr then the afterthebell biggies, and this is a biggie, amazon, starbucks a
Shes in custody getting a mental evaluation and also a physical exam. When the cops arrived, the pe surpetrator tried to claim that it was her child that was there that was surgically removed and ying she gave birth at the time of the struggle. And heres a live look at this house on monticello avenue. The pregnant woman who was stabbed several times according to her landlord was nine months pregnant. No one has been charged in this killing as of yet. Police are telling us they have not yet released the names of the suspect or the victim. New this morning, police nehaed your help identifying this man. This is a sketch of the man wante for attempted Sexual Assault ofur 12yearold boy in the bronx. It happened inside an Apartment Building elevator in the concord section. The suspect got away. Anyone with information is asked and police in Lower Manhattan also asking you to help find this man. E man allegedly follows a 62yearold woman into an Apartment Building lobby and then grabbed her. S
That was carrying christie to an event. A lot to get to this morning. First we want to check in with the storm team 4 weather center. The cold weather settling in. We have that cool start out there. You can see in your weather headlines a passing shower tonight. Thhaats overnight when most of us are sleeping. And then smooth sailing. We have some great news for all your Holiday Travelers. Nice and dry out there. Clouds mixing in with the clear skies. Expecting lots of sunshine throughout the day and we are rain free as we start the weekend. We have 30s and 20s north and west of town. Upper l0s by lunchtime. The High Temperature only 50. Youre feeling that chill in the air. Rain free through the day and then we have showers moving in tonight. Of course, we ve a busy week ahead with all the Holiday Travel plans. And we begin this saturdaey morning with breaking news out of turkey where there are reovports of new arrests in connection with those deadly attacks in paris. Media reports say