Goes on every day among professional Money Managers who are trying to figure out where next to invest their cash. And we saw it play out huge today, dow surges 165 points. S p vaulted up, and nasdaq 1. 45 . So a sure sign that the big boys are liking what they see and willing to pay more for it than just last week. I know that many individual investors like you at home now think their money should be put strictly in the index funds or of etfs and im in very in favor of index funds. Remember, you should put your first 10,000 in an index fund so you can get the benefit of diversification. I prefer the s p 500 index fund. It doesnt have to lower your reward and once you saved enough money of individual stocks i have to say im not a big sector oriented etf man. I say many of the etfs arent being created for the benefit of you, the investor. s its so the issuers can make money off them. Frankly, theyre pickoffs. Products created to take advantage of whats hot, like the restaurant stocks. Cy
Oriented etf man. I say many of the etfs arent being created for the benefit of you, the investor. s its so the issuers can make money off them. Frankly, theyre pickoffs. Products created to take advantage of whats hot, like the restaurant stocks. Cyber security. I have seen tons that are only meant for day trading like the commodity etfs and never lets us confuse regular people by giving a miss leading sense. I think the daytiming etfs should be labeled like cigarettes because prolonged exposure can be hazardous to your health, especially the one and two times of your buying power. I would never bargain hunt with etfs. And instead, like the vast majority of the pros i like to look for misvaluations. Stocks that are trading out of whack, with what we call the fundamentals that you often ask typically, that means stocks are trading either too cheap versus the sector or too cheap compared to the market as a whole or vice versa. But it can also mean stocks that are trading in the discount
Then a second train plows right into her. How she walked away. And good morning, america, on this columbus day. Boy, a scary start to columbus over at l. A. International airport. Turns some kind of Chemical Reaction with dry ice in a bathroom. Authorities calling it a prank and josh will have a lot more on that in a moment. A prank that nobody is laughing about. We begin with the clock ticking down now to midnight thursday, when the u. S. Faces the prospect of defaulting on its loans, a moment we have never seen before. Theres capitol hill. Well work to come up with a deal that wont start again until 2 00 today. After a weekend filled with anxiety and anger. See the protesters at the Lincoln Memorial. They walked right in anyway. Some states are acting on their own to open national parks. See the statue of liberty right there, it will be open sunday. Well have reports from washington and wall street. Jon karl starts us off from the white house right now. Good morning, jon. Reporter go
Thanks, honey. Nothing. Why is this guy, famous for runins with everyone, from flight attendants and photographers, now striking yoga poses . Never had treatment from my husband like that when i was pregnant. Not from alec. Not well trained. Exactly. Has anyone seen alec baldwin like this before . No. Never. Its amazing. Ron is like i dont know who he is. I do, i do. Hes a soap opera star, right . Right. Also coming up a hidden danger in your medicine cabinet. How not sticking to the recommend dose of a popular painkiller could land you in the hospital. Or worse. Dr. Jen ashton is here to talk about that. 80,000 people a year to the er every year. A serious subject. Also, across the pond, the big royal christening of the future king of england is now less than a month away. And buzz is building in the uk. How william and kate are putting their special stamp on this storied tradition. Or shall we say a special coin. Is that a hint . Thats a hint. Subtle hint, thanks, ron. And beneath th
But lets get right to the breaking news on the Oscar Nominations. Lincoln snagging the most. Life of pi right behind. Chris connelly is here. Lets start with is the snubs. Les miserables directed itself, Katherine Bigelow doesnt have to wear heels. The story was rebellion, rebellion in fans, in the house of philadelphia. A movie started life in a log cabin and just kept on going. Oh, wow. Impressive. Fantastic. Right there, lot more coming up. Well turn now to the deadly flu outbreak. Lets take a look. 12 nominations in all including best actor for daniel daylewis. Supporting actress for sally field. Best director for Steven Spielberg. Hugh jackman, best actress. Anne hathaway for best supporting actress. Thanks. Reporter the biggest shock came in best director, argos ben affleck and Kathryn Bigelo were were passed over. Life of pi still sliced 11 nominations. Alan arkin and Phillip Seymour hoffman. Best actress includes the youngest actress, ever. And its oldest ever em manuelle. Turn