As the bubble burst one hundred percent its burst and it burst a lot bigger fashion and a lot quicker than some people had anticipated and we saw the dow down eight hundred points between a week ago and monday and then another eleven thirty two or ten thirty two rather on on thursday and markets have not settled yet so well see where they go but definitely some of the air has been let out of this bubble is just speculation holland heres what the market has done in the past year everything except what you see on the extreme right is what President Trump was boasting about in the state of the Union Address objectively he was jumping in front of the parade as the two year chart demonstrates a trend already in motion and the past week has obviously been a wild ride dollar cost averaging is described as buying a fixed dollar amount of a particular investment on a regular schedule regardless of the share price. For most. Investors is this still a sound strategy it is and i want to talk about
Also this noon, an escaped suspect is back in Police Custody after a hours long manhunt near roosevelt boulevard in northeast philadelphia man managed to make his escape while handcuffs but he did not get very far. Good afternoon im jan carabao jims off today. Heres how it all unfolded chopper three over a Large Police Presence on the boulevard near somerdale avenue. Police say that is where suspect, crashed in the offduty Pennsylvania State trooper right around 6 00 this morning. The man was hand cuffed and put in the back of the police cruiser, with you Authorities Say that he managed to kick out back window and runaway. Man who works nearby expressed certain for children heading to school. Kid are all here. Im scared for them. They could be around the school bus, they could be inside school bus while he is running around. That is crazy stuff. Thousand, police recapture the still happen cuffed suspect a to blocks away. They found him hiding in an alley near godfrey avenue right aroun
Official anymore . Scarlett i dont know. Wednesday is official because j. P. Morgan is reporting. Julie whether you are talking about alcoa or the banks, there is not a lot of optimism when it turns to earning broadly with energy or financials. We have seen a pairing of gains today as we have gotten deeply into the session. The s p 500, if you look at the intraday move we have seen, it has been moving from steadily lower, a leg up in the past few , downs, but none the less sharply from the highs of the session. Lets take a look at the s p 500 profit estimates and the change we have seen in estimates. This is the change that we get quarterly. We are talking about a 10 percentage point swing in these estimates overall. The estimate is for earnings to fall 10 in the quarter that we are about to learn about. Definitely a lot of pessimism going into the season. The caveat we always talk about his companies tend to be by a high rate. As always, it will hinge on not just the reportings but wh
Greg what else about that . Rosanna chicago. Greg my honda accord, by the way, is almost dead. I may get a honda accord with leather seat. How about that. Anything else we should talk about . Mike i went with ines when she got a new card. Rosanna you want us to come with you . I need to make sure i have room. I want to make sure that you look good. Chicks dig it. Mike things look okay for us. Showers around parts of the tristate. It has around the maturity of the tristate. 45 degrees in islip. Fortysix in bridgeport. Fortyfive also in newark. Cloudy skies. Now, were seeing showers all the way down to the ground level. We are not going to be in the clear for a while. The area of low pressure reiki are. This cold front has the slight curve here. Once that goes by, then we will be in the clear. It will be a little wet outside. Tomorrow is when the main event comes through here. We will see some solid rainfall for your morning commute tomorrow. Perhaps a few isolated thunderstorms. After t