Today. An accounting issues. Well have the latest details and what it means for the future coming up. Also, etna following uniteds lead and announcing plans to pull out of most of the Obamacare Exchanges this its involved in next year. And will that lead to big price increases now that theres less price competition at those exchanges . Well hear from the ceo of a major insurer whos doing pretty well in obamacare. Thats coming up here. And financials have really missed out on the recent record rally but is now the time to bet on the banks . With more hints the fed may raise rates again. Oh, by the way, a big move by an investor into one of the banks. Well hear from both sides of the debate coming up. A lot to get to. Lets begin with the markets pulling back from yesterdays trifectas. We put it. Closing the Closing Bell Exchange today, Michael Robinson of money morning. Com, ben willis of princeton securities and rick santelli, if its tuesday ric t rickster is back again. Hey, ben, so bi
We break the rules. Didnt make them stay in the guest house . Well just joking. He really sounds rich, doesnt he . I dont know how you created this whole sort of you were born with a silver spoon, im sorry, in your mouth. So great to be back from vacation. It is past 6 01. You said that before 6 01. Lets start with the markets on first trading day of august. July was the best month for stocks since january. The s p has now turned in 8 positive months out of the last 9, going back to november. As for the fear level in the markets, volatility actually dropped more than 20 in july, so people got pretty complacent. You can see the vix at this hour trading just about 13. 5. The best performing sectors last month were health care, industrials and materials and yesterday the markets barely budged. Pretty active trading day. Watching at one point, the dow was sitting at a new intraday high in the middle of the day. Traded all the way up to triple digits before closing down by less than a point
[ coyote howls ] how about no more surprises . Now you can get all the online Trading Tools you need without any surprise fees. Its not rocket science. Its just common sense. From td ameritrade. Very quick correction for you. Before the break i said that pandora was up 36 since its ipo in 2011. In actual fact it was down or is down 36 since the 2011 ipo. Meantime, sure. Their economies might be struggling, but there is one thing italians and the great shaw know how to do and thats eat. The mediterranean diet can help prevent Heart Disease, high in fish, veggies, fruits and oil. People who followed the diet were 30 likely to develop Heart Disease than those who consumed a traditional lowfat diet. Good news is what i say. Thanks for watching street signs. Closing bell is next. Ready . Welcome to the closing bell. Im sue herera in for Maria Bartiromo here at the knowledge. Were higher, but dont forget it was in the final hour yesterday where we had that really big violent move down to the
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