Transcripts for CNN CNN Newsroom 20131118 14:25:00 : compare

CNN CNN Newsroom November 18, 2013 14:25:00

any time soon, but there are concerns this dow hot streak is about to end. >> at some point you need to get off this wave because this wave cannot last forever. no one can tell you whether it's within the next few months or years but at these levels of valuation, we think it's about time to take some money off the table and be more cautious. >> reporter: the october jobs report was surprisingly solid, 204,000 jobs added to payrolls last month, even with the government shutdown and while trader also likely whoop it up, the rest of us might keep the champagne corked. the problem? 97,000 of those jobs were for hourly workers in retail stores and hospitalily services and while home prices are still gaining, that steady rise has slowed as mortgage rates tick higher. the average 30-year loan carries a rate of 4.35%, the highest it's been in nearly two months, and may be enough to give some potential home buyers pause.

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