Stay updated with breaking news from Carl cramer. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
look weak. walmart may have protesters outside its doors on friday. deer misses earnings, and the market shrugs it off. turmoil in israel with a bomb explosion on board a bus today and a rumored cease-fire that never happened. crude is up $1 as the secretary of state has arrived in cairo. a big day full of planes, trains and automobiles with tens of millions of americans set to embark on their holiday weekend journeys. our phil lebeau is in chicago with more on the holiday travel landscape. how painful is it going to be? you know, carl f you re traveling, you always need a little more patience thanksgiving weekend. for the airlines, they re keeping their fingers crossed because if you look at a map of the united states, you really don t see any major storm systems. that means if it s a smooth weekend, you talked about this being important to the profitability of fourth quarter, that s certainly good news for the airlines. take a look at the number of people who wi ....
cramer and david faber. this could be a very big day in the markets. the day after the attempt to pass plan b in the house has failed. we saw the futures down as much as 200 points. right now we re down 162 on the dow. the s&p looking to lose about 19 at the open. most notely we re seeing a spike in vix futures. it s indicating more volatility ahead. europe, largely taking the cues from here in the united states, and the news last evening about plan b. we are seeing a 1% loss in italy, germany is down by .9%. of course, futures as you saw are taking a hit on concerns that a deal will not be reached to avert that fiscal cliff. an attempt by house speaker boehner to avoid that class and pass the so-called plan b tax bill. that failed. the measure that would have kept current tax rates for those making less than $1 million a year. it never even made it to the house floor. speaker boehner is scheduled to hold a news conference about an hour from now. of course, we ll brin ....
u.s. market, especially the nonblue chips will work its way higher perhaps by 20% to 30% in the next year or more likely over two years with the rest of the world including emerging market equities covering even more ground in at least a partial catchup. but then he continues, we will have a series of of serious market busts since 1999 and presumably greenspan, bernanke, yellen, et al. will help happy. and we the people, of course, will get what we deserve. dow futures down by 11 points. s&p futures off by 2.25 points. it is worth pointing out that we have seen a super strong run since october 9th. we re going to continue to talk about the markets throughout the morning. but first, we heard to some of the morning s top corporate stories. thanks, beck. i wish we could get someone to look at his recent comments. i cannot remember in recent years him predicting we would get this far. he s always been pretty concerned, so i don t know. i don t know how to read that. we ....
as well and europe moderately in the red as asia does retreat from the big gains yesterday. we have hit dow 16,000 and s&p 1,800. but then those comments from carl icahn yesterday spoiled the party a bit. there could be an announcement this morning involving that $13 billion settlement between the department of justice and jpmorgan chase. if and when, we ll fill you in. more problems for tesla as the automaker is the subject of a formal government probe involving fires in the model s. the dow hit 16,000, the s&p 1,800 yesterday. both closed below those levels after carl icahn expressed concerns about current valuations, saying that stocks, in his words, could face a big drop. jim, the story for retail in the fourth quarter is going to be price competition and margin pressure? i think companies mentioning price competition, best buy, contrast urban outfitters last night, contrast that with home depot and dick s where they re not talking about that. i was talking ....
This weekend’s American Cancer Society raised a record-setting $261,847, surpassing last year’s total of $254,386. Some funds from the annual two-day event at Penn’s Peak will be targeted for research. ....