3 here. Overnight in asia, the nikkei hit and held 16,000 for the first time in six years and then hong kong and europe are closed. Happy boxing day, by the way. Our road map begins with the markets. Today looks to be yet another record day for stocks. All the major indices set to open in positive territory. Plus, call it a shipping nightmare. Thousands of packages were missing on Christmas Morning after ups and fedex reported extraordinary delays because of hive demand at the last minute. And what does history tell us about Market Strategy for 2014 . Your play book ahead in just a few minutes. First up, though, stocks poised to open higher after coming off of record closings on tuesday. A gain today would be its sixth straight, something it has not done since a tenday winning streak in march. Of all days on the calendar, the s p is likely to be up today, 79 of the time since 1945. This is the start of the official santa claus rally, isnt it . On average a gain of 1. 6 . So last five o
See there. 2. 71 . Yeah. Lets move on to europe. Second quarter gdp data indicating eurozone emerge by recession. In and also some growth in france. And that gets us to our road map which starts with a rare miss for macys. Shares of the Department Store are falling in the premarket. The ceo says consumer are worried about the uncertain economic environment. Apple still getting the icahn burp thmp this morning. Carl icahn tweeted he bought a stake in the tech giants. And strength on the farm. Deere beating on the top and bottom line this morning, citing strength in Farm Equipment sales. Bill ackman speaks out about the villains of the Capital Markets in his public bat with other highprofile Hedge Fund Managers. Man. A lot of personality. A lot of personalities running around there in vaktism land. Hes start with shares of macys. Down sharply in the premarket. Retailer posting the Second Quarter results that were below wall street forecast. Samestore sales fell 0. 8 from one year ago. Ce
The secretary stressed any action would be carefully tailored and would not involve u. S. Boots on the ground. David before the president or secretary of state talked we had consumer sentiment. That slipped to 82. 1 in august after hitting a 6month high last month. Despite the declines americans were more upbeat about their outlook for the future. Cheryl vodafone confirmed it is in talks with verizon. You knew this if youve been watching fox business, is in talks to sell its stake in verizon wireless. No news but it could potentially be a 130 billiondollar deal. David this is not good news. Spending rising just. 1 of missing analyst estimates. It matched weak growth in personal income which also rose. 1 percent. Cheryl look at gold falling for a Third Straight day, the commodity declining, 16. 80 an ounce 1680 an ounce. Gold gained more than 6 . That big safety play were following for you. David remember were telling you for every seller there is a buyer. Hedge Fund Operator Perry Capi
0 who served in the senate, he was the last. senator frank lautenberg of new jersey set to retire next year at the end of his fifth term died yesterday of complications from pneumonia. called one of the most productive members of the senate, his colleagues held a moment of silence on the floor where he served more than three decades. his chamber desk was adorned with a vase of flowers. lautenberg helped pass landmark legislation banning smoking on airplanes. he also helps out the national drinking age at 21. and worked to establish the blood alcohol standards for drunk drivers. most recently, he was a staunch advocate for stricter gun control laws coming to the senate floor in a wheelchair to cast his vote. now, governor chris christie is tasked with appointing lautenberg s replacement. yesterday, the republican governor gave an impromptu tribute to the long time democratic senator. it s no mystery that senator lautenberg and i didn t always agree. in fact, it probably is more honest