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Todays move ahead had everything to do with fundamentals, yes, fundamentals. Earnings beats, check, healthy ipo, check, good economic data, check. Could it be that this rally has more to do with the fundamentals than the bears even want to admit . So we go to bear dan nathan. Skeptic. I mean, listen, all those things, we had very low expe expectatio expectatioexpec expectati expectations. Had really low expectations as it relates to earnings, and when you look at the ones that actually performed really well, important to remember jpmorgan is still down 10 from its 52week highs. Expectations not there in delta or csx so we are results better than very low expectations. It was a revenue beat, dan . Didnt jpmorgan ultimately do more loan growth . Right, and those revenue estimates have been coming down for a year. It is from its 52week highs. 52week highs, and its still down on the year and well get nao citi and bank of america, down 20 from their 52week highs. Im not being cute. Explain ....
Closed up 22 points. S p. 18 . That is resilience. Im going to tick off how much bad news this market takes on a given day after very big run the last four weeks and the darn thing just keeps fighting. It can take a jab. It can absorb multiple upper cuts and simply wont stay down. Lay flat on the campus. First, former market darling. Aggressive Pharmaceutical Company punching back for months now, share price got cut in half today. Here is the stock that had come down from 263 seven months ago to 69 yesterday but it still managed to plunge another 35 in this one session. A sound is worth 1,000 words. Valeant including Hedge Fund Billionaire bill ackman. A year ago it was one of the best performing of all time but an astonishing tail spin since last august. You would think that valeant could shake up the whole market with the gigantic stunning decline, but hilla ....
Hideous. Closed up 22 points. S p. 18 . That is resilience. Im going to tick off how much bad news this market takes on a given day after very big run the last four weeks and the darn thing just keeps fighting. It can take a jab. It can absorb multiple upper cuts and simply wont stay down. Lay flat on the campus. First, former market darling. Aggressive Pharmaceutical Company punching back for months now, share price got cut in half today. Here is the stock that had come down from 263 seven months ago to 69 yesterday but it still managed to plunge another 35 in this one session. A sound is worth 1,000 words. Billionaire bill ackman. A year ago it was one of the best performing of all time but an astonishing tail spin since last august. You would think that valeant could shake up the whole market with the gigantic stunning decline, but hillarys wrath against the company hasnt resonated beyond this one poster child. Dont eve ....
Best performing of all time but an astonishing tail spin since last august. You would think that valeant could shake up the whole market with the gigantic stunning decline, but hillarys wrath against the company hasnt resonated beyond this one poster child. Dont ever believe, by the way, anyone that says you cant make money from this election, if you listen to hillary, she could have gotten you out of valent at 86 when she was a serial raiser of drug prices. She shaved to 53. The pin action here so minor that its astounding. Another area, the spin off of this one or coming off hitting the one or front pin so to speak is a strike against the entire group or even the whole market. One pin into the gutter. It left the rest of the field unscathed. Sure, not everything was spared. Sorry, i couldnt resist that. But there is truly wasnt much Collateral Damage in the sector. You know what is incredible . By this time tomorrow we could ....
Independents, 2025853882. If youre outside the u. S. , its 2025853883. You can also catch up with us on all your favorite pages on witter, facebook, or email us. A very good monday morning to you. We begin with the front page of the American Press from lake charles, louisiana. Supreme court in session, justices expected to take on the issue of gay marriage. That headline dominating several of the major papers today and over the weekend. Heres the front page of the usa today, justices term starts slow, could explode is the headline there to yesterdays front page of the Washington Post. The defining moment possible for the court. The prospect of a major ruling on gay marriage looms large. And read you a bit from the reuters story previewing todays opening day of the new term. This term, which runs to the end of june, is expected to be defined by whatever action the justices ta ....