Double digit losses. At this point, up until now, you really didnt see much of an reaction that people were somewhat complacent. We arent seeing the reaction we saw in august of 11 but getting closer. Well talk about investing in this market, my exclusive interview with Julian Robertson. Well get his opinion on how to play this market, against specific names he says will make money right now. Including ones you may never have heard of. Wait until you hear what he has to say about apple and the late steve jobs. I have to say, bill, i was taken aback by his comments on apple and why he would not be putting money in apple today. I was shocked when i heard about it myself. I just ran into him recently. Hes 81 years old. He is he looks terrific. Stronger than ever. Very vigorous. Very much focused on this market, investing. Absolutely. Glitchgate continues for the new health care law. You know its bad when even saturday night live makes fun of the website problems. Well show you that. And a
Incredible run, not only for that one, but facebook has doubled in 2013 this year. That really is one of the stories of the year. Remember, when twitter went public, there were lots of people saying the retail interest, thats how we should have known, the retail interest wasnt that strong. There was a lot of institutional interest, and people thought after price, hitting near 50 on the first day of trade, drifting back to the 30s. Instead, it has marched steadily higher. You can feel people buying in, ramping up into the year end. Going back to november early november. And just an incredible run. There it was at 38 when it was at its low, and now were at 68. Unbelievable. Well get to more of that. Meanwhile, the dow is heading for its fifth Straight Record close after a much betterthanexpected surge in durable goods orders. A lot of the Economic Data have been pretty good. So i think it was a prescient decision by the fed last week. And some fed officials are saying how surprised they
Allians gfj. Sandy, is this a dip you want to buy . Tyler, this is a dip you want to buy. Frankly if you look at where the tenyear is, the 262, i think stocks are the only game in town. You think about every cfo in in the country thats trying to sell as much debt as they can, i dont want to be the guy who lends them money in the form of buying bonds. You want to buy good quality stocks, stocks that dominate their niche. Weerp making our laundry list of stocks. And you have a couple names there. Lkq and the other one was poole. What are they . Yes, so lkq, again dominates its niche. This is like in kind end quality. Basically they sell refurbished and recycled auto parts. So as long as people are getting in accidents, these guys will continue to dominate what they do. 8 billion market cap. You can buy this for 18 1 2 times earnings. Thats my job, to try to find Good Companies trading as mountain pause less than their growth rate. Burns, how do you react . Is this the kind of moment wher
Profits at ubs stronger than analysts have been expecting. Analysts paying attention to questions hanging over the bank. Ubs has closed u. S. Probes into its dark pool alternative trading system. The companies cfo will join us live at 7 00 a. M. Eastern time. Meantime, bp posting a big jump in its quarterly profits driven by Strong Production numbers. However, the oil giant is warning further western sanctions on russia might hurt its business there. Bp makes about a third of its crude oil output in russia. It is the single largest Foreign Investors in that country for its nearly 20 stake in state oil companies. And eu leaders are meeting to debate economic sanctions against russia. A new list of putin associations and businesses that will face tougher measures is expected tomorrow. Lets talk about a bit of other corporate news. U. S. Investors are knew suing barclays. The attorney general accused the bank of lying to customers regarding its electronic trading platform. The investor ar
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