Notion that anybody could get a free pass to american citizenship, but here is the thing, the millions of people have cokochl forward to get right with the law and the policy, and they have been living here for years, too, and decades, and leaving the broken system the way it is, that is not a solution. In fact, that is the real amnesty to pretend that we can deport 11 Million People or building a wall of spending tens of billions of taxpayers money is betting on what is really just factually incorrect. It is not going to work. It is not good for this country. It is a fantasy that offers nothing to help the middle class and demeans our tradition of being both a nation of laws and a nation of immigrants and in the end it is my firm belief that immigration is not something to fear and we dont have to wall ourselves off from those who may not look like us right now or pray like we do or have a different last name, because being an american is about something more than that. What makes us
Last week, some of the companies on tap today. Speak of volatility. European bank getting a bounce back. Robert diamond joins us. Hell explain why. Were looking forward to talking to bob about that very important story. Donald trump and Bernie Sanders, as you know are the big winners. We will tell you what the Financial Markets are focusing on politically, as we look ahead now to South Carolina and even down the road to super tuesday, which is soon to be upon us. I heard art cashin earlier saying the market will start focusing on who is leading, more and more focus on whats happening on the campaign trail. Jim grant sis the fed is apparently unshamable, quote, and well discuss that. Love jim grant. Lets start with Janet Yellens comments on capitol hill this morning. You saw it live here on cnbc. Steve liesman was monitoring it word by word. What were the Key Takeaways for you . From the apparently unshamable fed chair to threaded the needle, i would say, between the hawks and the dove
At a 5week low. From level, one extreme to the other in one day. This is a month of extremes. Multiple new highs and we could be closing lower based on a selloffs here for the month and keeping an eye on it with an hour to go. By the way, alibaba not immune to the selling today. Its second day of trade here. Down 4. 5 after friday. Whens behind the red arrows . Below 90 now. That was the level we heard before it went public to watch and even after it went public. Began trading i should say that he said to watch and right now cracking that level. We know somebody when it hit that high on friday of 99. 70, somebody had to have been buying at that point and underwert at those levels right now. Feeling the pain. After the bell, an tony jenkins will be here. His bank making a ton of moves and a billion and a half dollars into trying to jumpstart a global world franchise, that and the state of the financial industry and you wont want to miss it. From michael dell himself, a rare interview. P
For independence. And, among other things, i mean, tomorrow is a perfect storm for the market and for market geeks like you and me. You have the scottish results. Right. You have the alibaba ipo. And . You have index rebalancing. Quadruple. A quadruple witching expiration tomorrow. All on the same day. The excitement. It just builds here. I am going to be lurking in the morning while all of this happens. Wont we all . Keep a sharp eye out. We will get reaction to the market and the fed from David Winters, winter green advise others, he is coming up, also continues to be at odds with cocacola and Warren Buffetts berkshire hat away, he joins us exclusively in a little bit. As we said, zero hour for alibaba. The energy really is palpable here on the New York Stock Exchange floor today, more so than normal, eagerly awaitedism po due any time, the pricing will be due any time after the bell tonight. You will hear that news here first and we will prepare you for what should be an eventful fi
That was the question of being the top for stocks. The closing high was below that. 17,279. Today the dow trying to stay positive and the s p. Nasdaq higher and the russell, scott, which has turned weaker and plenty of atngs. I have been saying throughout this week that among the people im speaking with, thats the thing theyre watching maybe more so than the other internals within the market is follow the russell, follow the small caps. But yesterday the Third Straight day of a 1 or better gain. Rolling over a little and rolling over a little, the market off the best levels, as well. Watching the small caps. Art cashin saying its all about crude. Lets get right to it. Joining us is john manly, christine shore, david darst, steve parker and our own rick santelli. So, welcome one and all. Rick, i am going to start with you, actually, here because this morning we heard from janet yellen. She was talking about inequality. European central bank may be talking about further asset purchases.