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1-800-743-cnbc or tweet me @jimcramer. sometimes this market can be incredibly difficult to navigate, because the cross-currents are so powerful and so crushing. today, for example, the averages got slammed by a wholesale collapse in the commodity complex, especially oil. but then the republicans passed their obamacare repeal bill in the house of representatives in the afternoon and we rebounded. the doubt ultimately sinking six points, s&p advancing 0.06%, nasdaq edging up 0.05%. it was like there was no session at all. whatever your opinion of the health care bill, wall street likes it. because it contains tax cuts and demonstrates that speaker paul ryan can actually do his job. you might have expected the market would roar on the news. nope. the broader economic backdrop is just too grim right now. with the fed set to keep raising interest rates, right when business seems to be slowing, and it s too dangerous to go full hog on stocks when the labor department announc ....
good morning. gawk to squawk alley . we are watching new highs early this morning. before we settle in to yet another tight range. ten-year the highest since april 10th. apple, ibm, and google dominating the conversation betwe. becky is standing by in omaha with the latest. good to see all i don t haof morning. an amazing amount of technology talk and again this morning with warren buffett. it s fascinating because this is a guy who claims he is not a technology guy. in fact, doesn t even own a smart phone even though he owns a big stake in apple. he talked about a lot of technology names, and when he starts talking about them, we listen. he went on and on about jeff bezos, how he started to incredible he s had two incredible bids in two different industries. he doesn t think there s another manager like that. he went on and on about amazon and bezos and how great things are. but at the end of the day, buffett doesn t own amazon. why don t you buy shares of ama ....
all in the name of raising money for paid yediatric cancer and research. we have a number of speakers joining us live here throughout the next couple hours. there they are. we have nascar champion jeff gordon and cliff robins of bull harbor group, and a unique way to play streaming media, and, yes, involves teletubbies. oh, boy, looking forward to that coming up. green light capital statement e einhorn, bringing you all the headlines of what he talks about as soon as we get them, but we begin with apple crossing an important milestone today in terms of value. bertha is at the nasdaq with that side of the story for us. reporter: yeah. apple s market cap today crossing $800 billion in market cap. it crossed $700 billion after blistering 37% gain the prior year. already this year, apple s up more than 32% notwithstanding iphone sale numbers in the most recent quarter. the stock is up $100 a share since tim cook took over as ceo in 2011. a gain of nearly 200%, and apple ....
scott walker will be talking to th gundlach in a moment. long emerging markets. tim sea mour, you re an eem merchant. this is a trade i ve been long for a long time. i actually think emerging looks good against the etf. if you spread it over the spy, you can see the ratio, somewhere around 16.8 right now. some key levels to break through. emerging is absolutely out from the s&p. a lot of the bogeys for em, really, the big hurdles for em have been dollar related, growth related. those economies are starting to move. if you want to see a trade, we talk about this on the show, this is the trade. emerging is underperforming the s&p by almost 60% from the peak of april 2010. and if you want to look emerging markets that took fire in 2003, 2004, 2005, you re back to square zero. that s exciting. it feels like the short spy side of the trade might be a little trickier. we were talking about how it s difficult to not be long at this point. the s&p 500 with the volatility so ....
italy: a record for the s&p 500, yes. the nasdaq has been far and away the best performer of the three average. if you follow our market live blogs online, there was tech leadership earlier in the day. tech has been leading the rally we have seen. not just tech stocks, but other types of stocks as well. the dow has been the laggard here. kind of interesting action that we have seen here, after the nasdaq in the latest leg we have seen, i was curious a which stocks have seen the most to it. i m talking about the leg and april 16. mov that looks that historical movers. not surprising, apple, which is at a record, microsoft, amazon, at a record. some of the familiar names, and then some other priceline, comcast, these are those that have seen the biggest increase, and not only have contributed game,st to the nasdaq s but broadly in the market, another manifestation of this technology is a lack of concern in other areas. we have talked so much about the drop in the vix. ....