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Stocks can get back to their winning ways. We are about one hour away from the close of trade on this tuesday. It has been an upanddown day. We have been above the green on the s p for the third time. Julie hyman is at the markets. Julie a lot of bouncing around. We are indeed on the green. As we have seen all of this volatility. If you look at the course of the at theat we have seen s p 500, if you look at the intraday chart, you will see all of the upanddown, above and below the unchanged line several times throughout the course of the session as investors figure for marketses next and the economy. If you look at the sectors, material shares have been consistent today. Weve got earnings from a number of companies. Part of that index coming out with earnings or forecast. Health care up well and energy remains the laggard even as financials have been volatile in the session. Financials had been underperforming. Some of them are recovering. Correlationlso no between oil and stock. Julie ....
Of chesapeake, the second today. Bob pisani on the floor. This is different. Im in front of the host for chesapeake. This is news pending. Recall earlier, these were halted for volatility. That is intraday volatility. And thats sort of a mechanical halt that happens. This is the news pending, so well find out what, if anything, the Company Might have to say at this point. I just want to mention whats going on with some of the overall market right now. Because were sitting not far from the lows for the day here. Sectors in terms of the declines were seeing, financials, consumer discretionary, tech and energy. And, of course, utilities down a bit, but not down nearly as much. Its been a remarkable time here. I want to put up some of the financials and show you. Were having rather notable declines, including Morgan Stanley and bank of america, some of the money center banks, weak ....
Imus in the morning do not be fooled by the headlines. The economy is in bad shape. Tax and spend is a failure. Good morning, everyone. The bean counters presented the report on the economy. And what did the media pick on . The deficit. This year it will be below a trillion dollars, thats what the pundits focused on and ignored the grim reality. In fact, our debt is headed toward the worst levels in post war america. Worst, the economy will show a masly 1. 4 growth. Unemployment rise to 8 , stay at very high levels for years, and 7 Million People will lose their Health Care Coverage under obamacare. That came within hours of president obamas call for more tax increases on the rich and put off spending cuts. Tax and spend, it lives on and so does our massive debt. Reality check, Varney Company is about to begin. [ s ....
the dow jones industrial average not the worst, but not the best either. the dow up 35 points, at its best, dow industrials had been up almost 60 points. at its worst, down 60. nasdaq up about two points. bob pisani on the floor of the nyse. i know you were talking to traders here. got a little crowd here. spn, which is one of the stocks that traded here, superior energy, being taken over cpx. that deal is closing today. that stock is surviving, spn is surviving. you can see the traders trying to get the last print for the day. just all the things that happen, still down here on the floor of the new york stock exchange. you still get big openings and closes heings here. not a bad day. notice the big mo keeps continuing here. we re at new highs on the dow and nasdaq here. call it hope for a greek deal? the coalition party leaders, by the way, that was supposed to happen today, postponed until tomorrow. obviously they didn t have the bailout here. mr. bernanke spoke. di ....