Dierdre stocks extending last weeks gains and investors slug shrug off overseas problems. Charlie gasparino tweeting like a madman. Fresh from vacation your fold chains are back. Dan, do we believe in the rally . What do you think . No, i dont believe in this. Certain stocks are moving up and Broader Market is flattening out. It is clear theyre trying to push it and push it, the tooks in the indexes are ones that are moving. Look at some of mine, i dont want to get too technical, all those indicators that show you the internals of the market theyre weakening during this rally. Dierdre melissa what do you think, charlie. I agree 100 . A good friend of mind with an excellent newsletter pointed out to me that the average stock in the s p is down, down bigtime. What you see is the big stocks like apple and some others are powering the entire index because they make up more of the index. For the small investor out there there is two taskaways i think. Buy index r deckses because you have co
Were thrown at them, gunshots were fired. The New York Times is reporting a private autopsy shows Michael Brown was shot at least six times. Kurdish forces have taken over the eastern side of the mosul dam. This as the u. S. Continues air strikes against isis. Do you think we are in greater danger now than before 9 11 . I do. The threat matrix is wide. Governor rick perry isnt backing down from the actions he took that ended in felony charges is. I would make exactly the same decision. Julian assange, the wikileaks a fast moving brush fire in the Southern California mountains. It was raging quick. We went from 10 to 20 to a Hundred Acres within ten minutes. Pope francis ended his visit to south korea. He challenged the north and south to find a way to forge peace. The ntsb is looking at a fatal Train Derailment near memphis. All that wow. Camera man of the day award. Keeps his shot the whole time. Look at that. An Alabama Family snagging a 1,000 pound reptile. Thats a big boy. And all
Melissa starting off tonight with a bang. The worlds first smart rifle, yeah, were talking about a gun that would look out of place in a james bonds arsenal, it is so advanced. New tracking point rifle is said to turn even the most novice shooters into expert snipers for a very expensive price. At least 22,000. It has Sophisticated Software that allows the gun to decide when and how you should fire. Costs a lot of money. Sure to cause major blow back. Were going straight to the source. We have tracking points ceo. Welcome to the show. You say it can turn anyone into a sharpshooter . How . Basically what we do, we use technology in order to amplify a humans ability to engage targets. If you look four reasons why people miss, they dont really know how far away the target is, dont assess environmental conditions properly, they dont know how to control their trigger pull, and they dont use the best equipment, rifle and ammunition. There is lot of places where a guy can miss. That is why mo
55 is a fairly encouraging number for stocks. The Service Number does help sentiment. We are seeing a day of risk aversion to kick off this trading week. We had manufacturing gauge, for example on the weekend, 50 points. So its barely an expansion. You are looking in little bit of a shift from manufacturing to what is already a bigger portion of the economy. I just wanted to mention a few other macro themes today. We are also watching the geopolitical concerns on the weekend. That is driving up the value of the yen. On the yenyou more in just a moment. You are also looking at jgb yields. 10year, 57 basis points. You are watching money flow into safe haven at this point. I also want to mention we are waiting for inflation data that comes out of indonesia and thailand. Morning, another key thing to watch out, speaking of meetings inthe npc beijing. That is when the government comes out with growth targets and their plan on how to achieve their targets. Will it reach the 7. 5 . Yen, just
Child soldiers. Sochis fireworks spectacular a burst of light heralding the start of the most expense games in olympic history. And crickets world order. India takes a leading role in controlling the global game. They are the incident victims of war, women and chinnldren killed, wounded, maimed figures show a total of 9,259 civilians died, on increase of 7 . 5,500 injured, 17 up. 561 children lost their lives. That was a rise of 34 in the total number of child casualties. Improvized explosive device, roadside bombs responsible for the deaths of women and children, and violence concentrated along the border between afghanistan, pakistan, kandahar and others. Lets cross to our correspondent in kabul, jane ferguson. Theres a per ce president ial en coming up. A difficult time for the country and this is grim reading. It does, foreign troops are on the way out and are leaving quickly. Political licence in the capital pushes towards elections. For afghans, especially out in the province, th