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Information from dan is taking these new positions in the Second Quarter according to his quarterly letter in disney, amazon, alibaba. Well focus on disney first and foremost josh, i just got off phone with dan who told me the following about why they initiated this position he said theres no close second to disney when it comes to an entertainment company. He says they have slate of tent poll releases. We know the titles they have he said some of the commentary,s the narrative of how disney plus is being thought of in the context with netflix its not a winner take all environment. They have to take market he thinks is easily split between those two and some other players. He also, which was interesting as well likened disney to microsoft 7 or eight yea8 years. You have a time old business and youre able in some respects to reinvent yourself. Much as microsoft has done we know how well that stock has done lately. He seems a simila ....
Here believe it or not, maybe your stat of the day, 164 of the s p 500 are actually higher now year over year for all the market damage over the past year. A good chunk of the market still remains higher we have a great Investment Committee lined up for you again today. That would be guy adami, and karen finerman, who will join us in a bit let us begin the show by focusing on four big mac row calls today from well known firms, all kind of saying the same thing are you ready, folks lets walk you through it, number one, goldman sachss, the market urn likely to make new lows morgan stanley, pull backs should be bought jpmorgan chase, were going to hit all time highs in the market next year. Piper stanley being more direct. The bear market has concluded. There you go guy adami, you heard that, you have four calls all saying the same thing, its not taken away from main street and the human toll we understand we are focused on the ....
Deirdre we start with the markets. The dru, s p roaring back into the green for the year. The dow rallying the most since february fifth as the fed puts its stamp of approval on the banks capital plans. Im joined by our very own charlie gasparino, david as man, fox business, Jonathan Hoenig of capitalist pig hedge fund. What do you think of the markets . There are no tops in a bull market, melissa. Think about 15 years ago buy the dips. People are still saying this might be the top. There are no tops in the bull market and the bull market continues. Melissa you dont think the fed will tighten . Regardless the market continues to be strong. Until that proves otherwise, this tape can not be fought. You put your finger on it. Rate concerns or lack of concerns because of lousy retail figures. We havent had year to year retail numbers this bad since 2009. This is awful retail numbers, giving more credence to those that the fed will no ....
Always catherine off thanks to one Police Officer. Reporter just before 11 00 a. M. The driver was driving in the life neighborhood of tenderloin before someone kicked his door. The took off with the baby and the door. The car. But i was really believe that we found the baby. Reporter he sought a car matching the description here on 557 street with the suspect getting out of the door. I handcuff town. And there was a baby in the back. Still strapped into the car seat. Reporter this man who worked across the street saw the baby and when the suspect was captured very happy and holding on to the baby. Reporter the building he was interested in front of happen to be the Public Defenders Office creek there suspectedhe is due in Court Tomorrow on another matter. Maureen kelly kron 4 news. Catherine and man accused of ....
Lori nice rally underway. Good afternoon, everyone. I am lori rothman. Melissa i am melissa francis. It has been 1351 days since the senate last passed a budget despite the law. They must pass a budget every year. Lori speaking of cash, treasury, budget him a new is jack lu . A man who is likely to be dominated the next treasury secretary. Melissa it is no secret that Congress Even the cardassians. Lori cannot wait to hear the results of that. Lets check on the market. It has been 15 minutes since we last checked with Nicole Petallides. Nicole there are nice gains. We have come off of our earlier highs. Still, the Dow Jones Industrials up about 55 points here on wall street. The u. S. Dollar also with an up arrow. Commodities are pulling back. Lets take a look at herbalife. A name that has certainly been in the ....