Gold scaled back 15 dollars and oil. 1. 63. Caterpillars ceo says he is guardedly optimistic about the global economy. Which added into the buying blitz on wall street. And the power of the plug. Yesterday we told you about the fuel cell stock plug power that surged 24 monday well on tuesdays it rallied 15 more. Trader daniel stecich of athena Advisor Services joins us now. There was a collective sigh of relief in the market yesterday but will that continue . I think it will. You have to put what happened in russia behind us and if you look at what happened over the course of the last week, the market had a decent gain. If you could take mondays loss out of itwe closed friday around 18. 56 with a high of 18. 59. You take all that out of it and we gained a few points no doubt and i think thats because of economic data. Thats what we need to look at right now. Exactly. We have a lot of it coming in today as well as the jobs number on friday. Yeah, the big one today is going to be the ins
Down on pro democracy demonstrations at tinanment square in beijing. Krispy kreme loses its bite with investors. Shares fell more than 10 after the close. The donut maker reported a 20 increase in profits but lowered its earnings forcast for the year. And christmas in june . The consumerist was first to point out hobby lobby is already selling candy canes and ornaments. Trader daniel steicicha of athena Advisor Services joins us now. This market has been a big gift to investors, lets take a look at todays market action. Is the stock market likely to stay in a Holding Pattern ahead of the ecb announcement and the jobs number coming out on friday . I think the answer is yes, but its more weighted to the jobs number on friday than the ecb announcement even if the ecb didnt do anything i dont think that will have a drastic affect, however employment and later in the week thats going to be a biggie. Alright we had this big ism snafu to talk about yesterday, a number came out and then a corr
Friday. The market expected 120,000 jobs were added to payrolls in october and the Unemployment Rate will tick up to 7. 3 . Stocks sink ahead of the unemployment news. Yesterday the dow fell 153 points wiping away yesterdays gains and then some. Nasdad dropped by 75 and sp lost 23. Gold down 12 and oil edged 52 cents lower. Daniel stecich of athena Advisor Services joins us on this friday morning to get the ball rolling with a look at the market. Good morning to you good morning how are you . Im doing well. We call this trader talk but today im calling it twitter talk because everybodys talking about twitter. Did you buy the stock on the first day daniel . No i didnt buy it. I think ultimately it will be a good stock but until they can figure out how to monetize their productand it is a good productbut they cant figure out how to make money yet. Im not gonna touch it. Ill let the thing drop down a little and get a better handle on what theyll actually do Going Forward. Outside of twitt
The Charles Schwab Co. (NYSE:SCHW – Get Free Report) insider Bernard J. Clark sold 8,164 shares of Charles Schwab stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $75.00, for a total value of $612,300.00. Following the sale, the insider now directly owns 121,666 shares of the […]
Shares of The Charles Schwab Co. (NYSE:SCHW – Get Free Report) were down 1.4% during trading on Tuesday . The stock traded as low as $72.65 and last traded at $73.04. Approximately 1,393,783 shares changed hands during trading, a decline of 81% from the average daily volume of 7,405,982 shares. The stock had previously closed […]