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Transcripts For KICU First Business 20140116

In general had another blow out day wednesday. With the dow up 108 and the nasaq 32. Gold fell 4 dollars. While oil cruised above 94 dollar. Good for a two week high. Also making news jcpenney plans to close 33 Underperforming Stores and cut 2,000 jobs in its latest turnaround effort. The retailer is also bringing back Commission Pay for certain positions. And yahoo coo Henrique De Castro is leaving the Internet Company effective today. Todd horwitz of average joe options joins us on this thursday morning for a check on the markets. Good morning todd. Good morning angie. Weve had a big down day. Weve had 2 big up days. Im hearing this is a traders dream. The action is good. Its nice when we get volatility. Volatility is a very forgiving item so when trades go wrong you have a chance to get out. So yes the ups and downs are great for traders. What would be your reaction to the feds beige book that came out yesterday . I think it was fairly muted. I think the market had basically no reac

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