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Data as adp delivers that strong employment number ahead of tomorrows jobs number. Youll hear from buffet this hour, as well. Bank stocks moving in the premarket. Upgrades, downgrades and Brian Moynihan assumes new duties at bank of america. Showdown approaching in hong kong. Protesters demanding a resignation. Police demanding an end to the demonstration. Elan teases the new d as netflix teases new adam sandler movies. Ecb standing pat on Interest Rates. Mario draghi says bond purchasing programs will last two years. Details to be provided later this morning. Here in the u. S. , claims fell 8,000 to 287,000. That is ahead of tomorrows big jobs number. One day after the dow fell 238 points. Last night on mad money you broke it down on stocks that, why some groups will fall more. Then what names you are waiting to nibble on when the time is right. I think a lot of this down tu ....
Into this final hour. We are starting to see some selling intensify here. We have to figure out whats going on here. The s p, to give people a sense of the broad market gauge, thats down by. 25 . The nasdaq is off by. 5 . The typical correlations having been falling into place. A lousy 30year auction today which sent yields skyrocketing. The 10 and 30. But that took its toll early on. We got to figure this out what this selling is about. We are tracking two stocks that are nowhere near their alltime highs. Tesla getting crushed today off almost 11 off earnings that were reported giving investors a reason to hit the brakes on this momentum stock. Stabilizing a little bit today, it is up. 5 . Remember it lost 20 of its market cap yesterday. Someone coming up on the program who says whole foods is still an incredible brand and the stock is a buy right now. Bull and bear time on whole foods coming up. Breakup, breserkshire hathaway. Warren buffett says no way. But it would unlock billions ....