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Resorts. Should investors roll the dice it is our call of the day. The Investment Committee is ready to go. Halftime report starts right now. Welcome, good to have you with us on this tuesday. Our Investment Committee here today, joe terranova, stephly link lets begin with this recordsetting market. The big downgrade for apple after the epic run, shares up 90 last year. Keeps hitting new record highs as do the averages, dow and s p at new highs today about this downgrade on a number of levels, apple specifically is there a message within that for other stocks that have had meese meteoric rises start with apple cramer said if you are not in the stock, dont buy it. Wait to see if earnings live up to what the stock has done. Makes sense i did something that was not disciplined. I bought calls yesterday on apple on the way up side the reason that triggered me was ther ....
Month. Corporate earnings and sharp moves from the likes of broadcom, origacle, and adobe. And the u. S. Is weighing new 100 tariffs on new european products, including whiskey and cognac plus, a big interview just minutes from now Morgan StanleyCeo James Gorman, a live and exclusive interview right here at the exchange joining us for the hour is lindsay bell, chief investment strategist at ally invest. Good to see you today, lindsey were seeing the markets kind of shrug over these trade headlines, why i think the market has really priced in a phase i deal getting done the news in the Early Morning market got excited and that quickly got deflated the market is up 26 yeartodate its trading at an 18 times multiple which is pretty rich by historical standards this is really just the market kind of taking a breather and wa ....
Across the board with the exception of the italian ftse. A quick look at wti crude right now, wti if youre buying it buy the barrel, you can do it for 48. 91. Hurricane irma one of the most powerful atlantic storms in a century. Its churning its way across the caribbean towards florida. Kalee dionne joins us live from cnbc headquarters. Whats the path . Reporter the path is westnorthwest at this point the question still lies when will it turn to the north . Thats something well be watching throughout the day. The latest update from the National Hurricane center, it maintained its 185mileperhour winds. Its just to the eastsoutheast of st. Marteen, and conditions are deteriorating there. This will continue to move at 16 Miles Per Hour that pressure continues to drop. As that pressure drops, the winds will maintain that speed or continue to increase. Everyone is wanting to k ....
And now i realize why people live there. Why do we live in the northeast . It makes no sense. Because of jobs. Good morning, g20 finance ministers are gathering in istanbul turkey. Here at home the employment market front and center. The Labor Department will release its latest job openings and latest Turnover Survey the jolt survey at 10 00 a. M. Eastern and on the earnings front dow component cocacola is among the names set to post Quarterly Results before the bell that means this morning and Pay Attention to currency as well. Well see how Unfavorable Exchange rates may be impacting cocacolas business around the world. Lets also tell you some stocks to watch this morning. Qualcomm agreeing to pay 9 ....