We have got the answers and they may surprise you. And let the debate begin. Its a little fuzzy, roll the tape. There you go a new study says highspeed trading on wall street is hurting the small investor and even puts a price tag on exactly how much the little guy is getting killed. You know theyre talking about that one, sue, down at the new york stock exchange. How are you doing, sue . Great, ty. Indeed they are talking about that and we are going to talk bhort exact numbers on that study in just a few minutes. Stocks are steady. Talks continuing in washington. We are just down about 12 points on the Dow Jones Industrial average, 27 days until america goes over that fiscal cliff. The president just finished answering questions on the issue after meeting with governors at the white house and our political correspondent, john harwood is live at the white house and eamon javers is talking with key congressional players on those talks. John, first to you. Reporter the president talked t
I still believe anyone can turn a profit in the stock market. As long as youre willing to put in the time and effort to keep track of what you owe. I wouldnt come out here every night and try to educate you if i didnt think this was more than just a theoretical possibility. But is feasible, its feasible for the vast majority of people watching the show. You can, indeed, succeed at managing your own money. Okay, if thats the case, why is it so darn difficult . How come so many People Struggle to make money in the market . How the heck can i believe its possible for you to beat the averages . The big benchmarks like the s p 500, the dow jones average when so many people so regularly failed to do so. Simple, you can do it. But youve got to do it the right way. One of the biggest obstacles to successful investing is the lack of clarity about what is the right way to do it. What is investing supposed to mean . Ive seen countless people try to follow conventional wisdom about Money Managemen
Silicon valley. We have it covered today. Sue is at the new york stock exchange. Hi, sue. Hi, ty. And while there is fear out there, we also have a lot of optimism as well. Take a look at the russell 2,000 hitting a new record high today. Right now its up about a tenth of a percent and the transports also hitting a new alltime high today and for those of you who follow the dow theory, that is an important indicator, up a third of a percent today. The nasdaq well above 4,000, its about to have its third monthly jump of 12 in the last three months. Craig columbus is president of first allied Asset Management in phoenix. He thinks theres more upside to this market but hes also cautious. He sees some warning signs out there, reducing exposures where evaluations is most stretched. Whats making you cautious and nervous about this market . I think we can expect more upside but also prepare for more volatility. We havent had a 5 correction since late 2012, so i think 2014 looks like 2011 where
Out of the country getting ready to host the worlds biggest tournament. Michelle is filling in. Take a look at what the major averages are doing now. Dow is higher by 70 points. Nasdaq is up 33. Russell higher by nine. The tenyear gold and oil at this hour, tenyear yield is at 2 prn 2. 6 5 . Volume dilt index is up 8 this we week. Im not talking about a huge spike. Speaking of volatility, when it comes to protecting individual investor, this is mad money man jim cramer last night. I, like you, am tired of hearing neither side wants to negotia negotiate. I like you think nothing will get done until we are at a hardship. You know what moment we are at . The moment we start. The moment we start cutting the earns estimates of the companies we follow. This goes to this. Cut numbers. We are no longer in a hurry to do things fast. Why bother if three weeks from now the government will default, who will spend and travel . Who is going to want to eat out in that situation . Each business im inv
30 days until you know what. So were going to talk about where americans are going to be shopping this year, what they will be buying and the retailers that are set to win. And those that will be left out in the cold. Speaking of cold, there are some look at that, i dont know what that it is but looks bad. Snow, of course. That would be cold. Major headaches expected for travelers as we head towards that thanksgiving holiday. Big winter storm stretching from the southwest to the eastern seaboard. It will be coming up the west as i show you there. Well track it first to sue at the new york stock exchange. Clear sailing down here but were watching shares of walmart, the biggest retailer announcing a ceo shakeup. The timing is raising questions as we head into the crucial hol kay season. Walmart shares are up about twothirds of a percent, the stock up 17 this year lagging the market. Courtney reagan here with the retail detail. Good afternoon, sue. While walmart didnt allude to the fact t