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The lowest since october of 15. The road map begins with a rough week for retail. Nordstrom and penney are down this morning. Nbcs lester holt sat down with President Trump and well bring you the highlights on russia and more and plus the tweet storm this morning, threatening former fbi director comey. Apple is taking aim at another all time high today and two analysts raising the price target. First up though, Government Data showing retail sales up 0. 4 in april. The strongest gain in four months and nordstrom beat on revenue and comps are down 0. 8. Penneys swinging to the surprise profit, but Revenue Misses on a 3. 5 decline in comps. Jc penney is going to give its all time low run for the money today. What can i say . Minus 3. 5 comps. They did talk about how march and april improved from february. Now, kohls said ....
Today. Most news obviously going to be overshadowed by politics. As we said, stocks around the globe rallying after fbi director james comeys comments. The s p looks to break a ninesession losing streak. Jim, ive been looking for corporate news, micro stuff, thats just not going to pop today. No, look, mgm is going to have a good number, but i dont want to minimize it. I did a piece this morning, i look through the charts pretty much every weekend for the last 30 years. I didnt open because it really doesnt matter. Now, we did see the search in the futures and you could argue, now pretty crystal clear, the people who trade futures, whoever they are, clearly theyre not protrump. Or they may be protrump, but they think clinton wins. I found myself thinking, geez, i looked at earnings this week, there are some very important ones including retail. And they just dont matter. Matthew boss with an interesting piece today about how jc penney misses and thats on friday and how macys misses and ....
Likely to know overshadowed. Polls are open in most of the country. With the presidency and control of the senate and house at stake, weve got your bases covered coast to coast. Live reports from battleground states all across the nation. Jim, you went into this pretty heavy last night looking at playbooks either way. What is your general thought about how to approach today . Were going to have a couple stocks tonight that win no matter what. I think the idea is i think from the very beginning, you go back to the day that trump started, it was about mexico. And mexico is a job taker. Mexico does make your products cheaper. But it is a job taker. And its a job taker in the sense that if youre mercedes or if youre bmw or if youre toyota, youre trying to figure out where to put a plant and youre indifferent whether you put a plant in mexico or the United States in terms of being able to reach california and new york, so the idea is th ....
Your mad money couriers from the swift completions of our pointed rounds. Especially now that the dow gained. What can i say . It really is pretty much how i feel about tonights election. Oh, it is manageable. Like Everything Else thats been thrown at us as a country. Hey, were going to help you manage it tonight when our special coverage begins at 7 00 p. M. Eastern. Why do i say manageable . First, allow me to give you a couple of reasons intrinsic to the stock and bond markets during this 61yearolds lifetime of love for finance. And then we will talk about politics. And the standard republic to explain the u. S. Postal services hallowed motto. Lets start with 1979 when i bought my first stock at a time when the federal fund race was at 15 . Yeah, the one thats currently at half percent. Interest rates were high back then because we had ruinous inflation. We had nothing like that now. In 1979 it was easy to throw your hands up ....