Rally straight ahead and buying homes with bitcoin. Sound crazy to you its actually happening in some major Real Estate Markets. Well tell you how it works and the potential pitfalls right now on power lunch. As tyler said, new record highs. We are now on dow 23,000 watch we were about 55 minutes away from it earlier, but weve backed off just a bit. Here is something random but interesting. The major averages have gone up in both september and october in only five of the last 20 years most recently, four years ago. And were on track do that this year what is moving right now etf tracking tech is on the move netflix hitting new alltime highs ahead of its earnings later on today, but nordstrom following 6 more on that in a few minutes. President trump having lunch right now with Vice President mike pence and the Senate Majority leader Mitch Mcconnell. Earlier he had a cab kninet meeting, comments he made sending stocks down a bit especially Health Care Companies as he lambasted Drug Comp
Get ready for more fed speak at home. Our road map begins with the president. No pullback despite the near daily drama in washington. New this morning, Electronics Ban targ it eieting flighting from muslim majority count countries. The president takes a visit to capitol hill, selling the Gop Health Care bill ahead of the vote on thursday. Stocks continue to show resiliency. The nasdaq taking aim at another interday high after four Straight Days of gain. The dow and s p up. S p is up 11 since the election. But the nasdaq put together three gains of less than a point. Yes. Which hasnt happened three times in a row since the 90 s. Closes at 5900 or 5901. I mean, it obviously tells you, maybe not that much going on, but also a coiling effect potentially. Youre seeing the volatility indexes and Everything Else looking like, you know, sort of the movement has been this offsetting action. At some point, no broad selling pressure. Really, something is working to keep it supported. It is amazin
Lets get to our roadmap this morning right back here in the good old us of a. Twitter Major Concerns over user growth sending shares down sharply after the social Networks First Earnings Report as a Public Company. While twitter is slumping Green Mountain coffee seeing plenty of green, rallying after coke agreed to take a 10 stake in the company and help launch an athome cold beverage system. Shares of gm down a bit this morning after earnings and revenue were well below wall street estimates, although restructuring maybe a part of that. Gm january sales also fell 12 . That was thanks in large part to what they said was the bad weather. Of course we had that news earlier this week. All right, lets start with twitter. Shares are down sharply. Lets see. Right here i got 51. 26, 51. 34 bid despite posting betterthanexpected Fourth Quarter results in its First Financial report as a company. Concerns about the user growth is weighing on the stock. Twitter said it averaged 241 million monthl
Wasting time on the failed promises of Big Government or the divisive rhetoric of class warfare. Senator rubio about to engine me to talk about his plan to finally spur real Economic Growth and keep america great. All those stories and much more coming up in the kudlow report beginning right now. Good evening. Im larry kudlow. This is the kudlow report. Were live at 7 00 p. M. Eastern and 4 00 p. M. Pacific. We have late breaking details on the still missing Malaysian Airline flight. Reporter its now day four since it went missing simply disappearing off the radar scopes. And government officials here by their own admission are perplex perplexed, they are puzzled about the circumstances. We have had a lot of false hopes, a lot of false alarms. The latest, an oil slick, the fuel from that slick has now been analyzed and has been ruled out. It is not connected to mh 370. The situation becomes even more desperate and frustrating by the hour. But the surgery is nearch is no called off, in
Previous reading. Not out yet. Kathleen brooks is with us. Im not sure why we dont have it but anyway, whatever your expectations are for this, how close is germ 234i going to skirt with contraction in the Fourth Quarter . It certainly has been slowing down and it looks like theres the possibility that even germany is starting to have some mild contraction and maybe even in the technical recession i would think over the next two quarters. The Economic Indicators have been coming down in determine any, there had been an expectation that consumption kicks up more in the country. Which it has a little bit, but a little less than maybe people have been expecting. Obviously the fallout from the International Crisis and the backdrop is not really helping. Eurodollar edging up to a three week high. Growth numbers dont seem to mary ann awful lot to the traders. No. Its been able to shrug off the kind of pmis, weak german data. Quite easily this week. Were probably going to be looking for next