About even for the quarter. It is in danger of snapping an eightquarter win streak. The final hour of course usually has some accelerated moves so dont go anywhere. Were still positive right now but not by a whole lot. We have seen that the last couple sessions where we hit the lows going out. Something for traders to keep an eye on. Youll want to stay tuned for my exclusive interview with chevrons ceo john watson. He says oil below 50 could be with us for two more years. Youll hear it all coming up in just a few minutes. Prices down rather sharply today. Maybe they heard about that comment. If you thought you could shut it down for the weekend when the bell rings for an hour think again. Fed chair janet yellen not only speaking later but also taking questions. It all starts at the top of the next hour. Well have the news of what she is saying and we will show you the question and answer session live. It could determine stocks for next week. In fact, ahead of all of that treasury yield
The way, lets look at how theyre doing. Theyre up. 9 . Lets look at the s p 500. There is the number on the s p. Down 23 points. Thats more than a 1 slide after hitting records, as you probably recall or maybe you dont, earlier this week folks. The euro getting closer to parody with the dollar. There is the euro. Down today. 108. Just takes 1. 08. Remember it was just weeks ago, mandy, that it was well below 2 . Thats absolutely right. Okay. Were also watching oil. Were only 90 minutes away from the close. It will be at 2 30 p. M. Eastern. In the second hour of power lunch well bring that number to you. The market is oelg off after the better than expected february jobs report. What has investors word . Lets bring in Burns Mckinney, Portfolio Manager at andrew maury, he is Portfolio Manager of the morning star five star rated aston lmcg small cap growth. Good to see you. Really feels like the market is having a bit of a tantrum here wrush know the jobs resetting the fed clock, and the
After mettling around through most of this week barely going anywhere. They get a third of a point increase. You can take that to the bank slightly but the volatility over the last five trading sessions has been next to nothing. Were looking at that with the futures again. That feels like summer. The weather yesterday does not feel like summer at all. 57 degrees yesterday. But you know what the ocean temperature is here. 50s. Yeah. So enjoy that weekend. Buying is going to be lou i can today. Probably not super strong. Lets talk about the big stories were watching this morning. The bank of japan keeping its monetary stimulus unchanged as expected. Also slightly revising up its assessment of the economy. Lets tell you whats going on in europe. German business moral weakening in may. Thats the first decline since october but the closely watched survey remained at a high level overall and then mario draghi was beginning a speech in portugal reiterating his call for euro zone countries to
For 24,500. Sold it for 28,500. After shipping, made a cool 3,500. But the real big score came from meg. She sold the transam for 25 grand. We bought it for 11,000, we put 4,000 in it. We made a cool 10,000. In total, flat 12 did 13,500. Roundman may have won the race, but i won the week. I think you could outrun a school bus. Oh, man. So look at it that way. Im jim cramer and welcome to my world. You need to get in the game firms are going to go out of business and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere. Mad money. You cant afford to miss it hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Just trying to save you money. My job is not just to entertain you but to educate you so call me at 1800743cnbc. Let the capitulators here be wrong. They almost by nature have to be wrong. Talking about analysts and Hedge Fund Managers who find themselves saying that, hey, its not too late to get in. Yo
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