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Were modest but after 3 days of heavy selling all 3 major indices were up yesterday. Gold is back above 13hundres an ounce and oil jumped by 2. 06. Two companies ipo today. La quinta hotel chain and chinese Preventative Health care company ikang. Cvs will pay 20 Million Dollars in a settlement with the sec for allegedly concealing its financial losses from investors. And gm reportedly is fined 7,000 per day since april 3rd for failing to answer certain quesitons about its ignition switch recall to the naitonal highway Traffic Safety administration. Larry shover of sfg alternatives joins us now from the trading floor. Whats your reaction to the alcoa earnings numbers . I was very impressed when yesterday it beat by 4 cents. Havent seen that out of alcoa in a long time. Largely due to the alliances theyve built with ....
Allegedly missing red flags on Money Laundering involving drug trafficking. And gm ceo on capital hill. Mary barra reportedly has told lawmakers the car company could release an internal investigation and plans to compensate victims in the next few weeks. Lets check in now with a trader Todd Horowitz of the average joe options. Hello my friend, howre you doing . Whats up angie . Well lets talk about the treasuries to start with. Whats your treasury play . Weve heard so much fed speak this week. You know i think that youre seeing a big flight to quality, youre seeing a lot of buying in treasuries except yesterday a minor selloff, but for the amount that weve rallied you know the selloff yesterday was really very little. I think youre seeing a big flight to safety here, i think theres a big arbitrage of money actually coming out of the equity market even though it rallied into ....
Most people abandon their New Year’s resolutions by February but one expert says it’s not too late, especially if the goal is to save more and better manage your money. ....