Details coming up during this final hour of trade today. Worst day for stocks since september of last year. Financials and tech are hit hardest. Tech especially had been leading us all the way to the upside. Weighing on the dow with two price components, goldman and apple down about 5 and 3 respectively. The question is will the sell off last. We will talk with Jeremy Siegel, he will join us and talk about why he thinks it is a great buying opportunity right now. Of course, he has been bullish on this market for a while. And dig kovacevich and don peebles will join us to discuss the president s strategy and whether he can get republicans on his side. Why is the Market Selling off today after a series of stories that seemed like scandals over a couple of weeks . A number of notes have been passed around on wall street today with people speculating on all of that. Programs dan clifton of stratega summed it up in his note. He said this morning, and i quote, the past eight days are like no
All of this as the political turmoil in the white house over the events surrounding President Trumps firing of fbi director claims just a momenty seem to have reached a fever pitch. Eamon javers is live with more on this story. Reporter hi, melissa. Right now the white house is trying to find a new fbi director. The president behind closed doors to my left in the west wing is interviewing several candidates for that position. Former oklahoma governor Frank Keating emerged from the west wing. He said he is a Public Servant and loves washington, if he had the opportunity to come here, hed like to do that. No indication whether he has been offered the job or not. Here are the other candidates the president is talking to, including the acting director, andrew mccabe, Frank Keating and Richard Mcfeely and joe lieberman, the independent senator is a candidate. Meanwhile, on air force one this afternoon, sean spicer the White House Press secretary was asked about the report that the president
Because historys on my side. Marty zweig,thats why. He was among the great titans of our industry. He knew more about the stock market than anyone ive ever known. I devourur anything he ever said. He was an inspiririon to me and millions of others. And he counselled me and others to try to make money in the central to his thesis of investing was, and i quote, dont fight the fed. When the fed was raising rates, you have to be cognizant that back to your face. A tail wind has become a head wind. Federal reserve e licies were dominant factors in determining the overall direction of the market. When it cut rates, bullish. You can say he was right then. What the heck, game over, turn the lights out. Nothing more could be done to make money. Not true. He also said to be flexibility and nondogmatic. So now, you know what . Im a little more skeptical. Marty made too much money with at philosophy and he made too much money for me with that philosophy and i cant go against it. As he wrote in win
1. 35 . Why am i so certain we need to be more skeptical Going Forward . Because historys on my side. Martrtzweig,thats why. He was amonghe great titans of our industry. He knew more about the stock market than anyone ive ever known. I devoured anything he ever said. He was an inspiration to me and millions of others. And he counselled me and otherer to try to make money in the stock market. Central to his thesis of investing was, and i quote, dont fight the fed. When the fed was raising rates, you have to be cognizant that the wind was going from your back to your face. A tail wind has become a head wind. Federal reserve policies were the overall direction of the market. It was bearish for stocks. When it cut rates, bullish. You can say he was right then. What the heck, game over, turn the lights out. Nothing more could be done to make money. Not true. He also said to be flexibility and nondogmatic. So now, you know what . Im a little more skeptical. Marty made too much money with muc
Because historys on my side. Marty zweig,thats why. He was among the great titans of our industry. He knew more about the stock market than anyone ive ever known. I devoured anything he ever said. He was an inspiration to me and millions of others. And he counselled me and others to try to make money in the central to his thesis of investing was, and i quote, dont fight the fed. When the fed was raising rates, you have to be cognizant that the wind was going from your a tail wind has become a head Federal Reserve policies were dominant factors in determining the overall direction of the market. When it cut rates, bullish. You can say he was right then. What the heck, game over, turn the lights out. Nothing more could be done to make money. Not true. He also said to be flexibility and nondogmatic. So now, you know what . Im a little more skeptical. Marty made too much money with that philosophy and he made too much money for me with that philosophy and i cant go against it. As he wrote