Thats down and a check of the markets at 153point rally. S p up 17. Nasdaq up 54 this hour. The small cap russell 2000 leads higher off the mid mfmonth lows and perhaps more than anything is the october surprise. Joining us now, rob morgan, michael cagino, christine short is here, peter costa and our very own Rick Santelli heading into the weekend. Peter, this is a really strong rally now. Were up over 10 on the s p in just about 12 sessions. How do you feel about it . Well, you know, ive been on the bearish side. I think that what youre seeing right now is people are rotating back into stocks and equities. I think the earnings are coming in a lot better than expected. And i think that, you know, they want to put money to work and still two months left and they feel more risk on and take it off other places. Rob i was going to say, peter, we know the costa family fortune. Im not speaking to anyone in my family right now. I would imagine. Do you feel like we have the flush out at the lo
Almost 2 of the lows of the session. Look how quickly rebounced back. That 1. 2 decline put us right at the correction move. We were down about 10 from its recent house, maybe a bounce off that level is what we have . Havent had a correction in the nasdaq since 12 to. Yahoo is going to report earnings. The question is how much will that affect trading activity as well . That and a couple other companies will be reporting tonight as well. Speaking of fast moving changes, if you were watching this show yesterday, you know anything can happen in a final hour of trading, and heres what we were talking about. 3 00 yesterday, the dow fading fast. Only to do a stunning turnaround in what some down here, yes, were calling the shaq rally. There he is. When bill and i started interviewing the former nba great here at the exchange, maybe coincidence. I think not. The real point of all of this, we need to get shaq back on the floor right now. I think the traders would agree with that. That was an
This is the worst day for gold so far since the day of the taper last year. In our road map, sales of cocacola beat expectations driven by strong numbers out of china. Cnbcs exes cluesive with the ceo of coke on earnings, activism and diet soda. Johnson johnson moved the stock higher, j j ups its forecast for 2014. Profit rises as drug sales soar. End of the 20year ceo, the journals say jeff immelt may end his tenure early and a message for ges next executive. Starting now for one day only google glass goes on sale supplies are limited but will we actually see any demand. The price tag 1500. First up, stocks on track to open higher following yesterdays rally saw the dow close with the 146point gain and the nasdaq up 23 for the day. The session did not end without some drama. Stocks lost a big chunk of their gains in the final hour and that did send the nasdaq into negative territory for a short period before heading back into rally mode. It is a tuesday, jim, markets been up 12 of 14 t
Getting one or visiting a chiropractor. Market watchers have not seen ups and downs like todays in quite a while. Stocks were up and down on ukraine worries then went up on the close on lighter than normal volume because of passover, the dow finished points higher, it was the second straightup day, nasdaq up 11 points but had closed in on correction territory earlier in the day only to bounce back. Closing higher now four of the past six trading days. The s p 500 was up 12. So what accounted for todays wild ride. More from the new york stock exchange. Reporter stocks rallied at the open but quickly sold off at a pattern that is by now very familiar. Selloff internet and biotech stocks then late in the day the market reversed, a sign that traders are not sure where to price stocks. After rallying at the open it dropped 6 in a few hours then rallied all the way back, that is a little strange. And this whippiness is extending into the broader market, the dow went flat from up 200, then dr
Getting one or visiting a chiropractor. Market watchers have not seen ups and downs like todays in quite a while. Stocks were up and down on ukraine worries then went up on the close on lighter than normal volume because of passover, the dow finished points higher, it was the second straightup day, nasdaq up 11 points but had closed in on correction territory earlier in the day only to bounce back. Closing higher now four of the past six trading days. The s p 500 was up 12. So what accounted for todays wild ride. More from the new york stock exchange. Reporter stocks rallied at the open but quickly sold off at a pattern that is by now very familiar. Selloff internet and biotech stocks then late in the day the market reversed, a sign that traders are not sure where to price stocks. After rallying at the open it dropped 6 in a few hours then rallied all the way back, that is a little strange. And this whippiness is extending into the broader market, the dow went flat from up 200, then dr