About 0. 6 hang seng down almost as much. The shanghai turned in a positive day up by 0. 1 and in europe, in the early trading, at least at this hour, you will see that the markets are weaker as well the cac is the big loser down about 1. 4 . You can see declines of over 0. 7 for the dax, similar decline for the ftse alltime low on the fix yesterd vix yesterday. We kept saying complacency we cant go down suddenly the nasdaq is up. Midday reversal. Everybody told us yesterday that for some reason the vix wasnt the indicator it used to be for volatility or for complacency. If its an alltime low, dont you think people are not worried about anything doesnt that usually set things up for a rise in volatility. My god these things can move around vix up 6 yesterday. We want to get to washington we have breaking news overnight. That could add a bit to the vix. Senate republicans failing to repeal obamacare in a dramatic latenight vote on capitol hill. Kayla tausche has more reporter it was a l
Its the naz dock that certainly seems to be the worst today. Joining us for the hour to discuss all of it is josh brown. Joe, john, and pete, we begin today though with a man whose memo was the talk of wall street recently a memo warning investors that the level of risk in the market may be getting dangerously high. Howard marks is the cochairman, hes with us live today at post nine and we are very happy, sir, to welcome you to our program today, thanks for being here thank you, scott, glad to be here this was the talk of wall street we spent a lot of time on our program diving into what you wrote. What prompted you to do this now . I just accumulate things all the time i read about this, i read about that, hear about that, come across this fact, and eventually, they accrue until theres enough to make to have meaning you know, its funny, the stock guys say oh, you know, everything looks good. This can continue. Its the credit guys who raise the flags. Im wondering whats going on with t
Averages since the middle of may. 500 andins for the s p the dow. The nasdaq up a little bit more, up more than 6 10 of 1 , being helped by technology. And dow transports of the big winner on the day, about 1. 2 . It is worth noting, all of these averages are down on the week. Most, on00 down the her for its worst week since march. So some bearish activity for stocks overall. Dowor what is helping that transports today, we are looking at some of the trucking and transportation stocks, which is jb hunt, two wells fargo analyst positive on the name, saying that the company is benefit that poised to benefit from trouble 02 truckload truckload two in turn, the dow transports, which yesterday has sliced through it two day moving average, now back above the two day moving average. The russell 2000 doing Something Interesting itself around the technicals. Lets look at the one week view of the russell 2000, down more 2. 8 , a more than big decline here. The worst week since february of last ye
Averages since the middle of may. 500 andins for the s p the dow. The nasdaq up a little bit more, up more than 6 10 of 1 , being helped by technology. And dow transports of the big winner on the day, about 1. 2 . It is worth noting, all of these averages are down on the week. Most, on00 down the her for its worst week since march. So some bearish activity for stocks overall. Dowor what is helping that transports today, we are looking at some of the trucking and transportation stocks, which is jb hunt, two wells fargo analyst positive on the name, saying that the company is benefit that poised to benefit from trouble 02 truckload truckload two in turn, the dow transports, which yesterday has sliced through it two day moving average, now back above the two day moving average. The russell 2000 doing Something Interesting itself around the technicals. Lets look at the one week view of the russell 2000, down more 2. 8 , a more than big decline here. The worst week since february of last ye
Averages since the middle of may. 500 andins for the s p the dow. The nasdaq up a little bit more, up more than 6 10 of 1 , being helped by technology. And dow transports of the big winner on the day, about 1. 2 . It is worth noting, all of these averages are down on the week. Most, on00 down the her for its worst week since march. So some bearish activity for stocks overall. Dowor what is helping that transports today, we are looking at some of the trucking and transportation stocks, which is jb hunt, two wells fargo analyst positive on the name, saying that the company is benefit that poised to benefit from trouble 02 truckload truckload two in turn, the dow transports, which yesterday has sliced through it two day moving average, now back above the two day moving average. The russell 2000 doing Something Interesting itself around the technicals. Lets look at the one week view of the russell 2000, down more 2. 8 , a more than big decline here. The worst week since february of last ye