Microsoft. They are all reporting their earnings after the bell today. Joe, if you had to pick one name that could be the more important one, the market mover of those three, could you identify one . Now the market mover . Amazon and google have been the market mover all year. Is it the donkey driving the market cart . For someone like myself and many out there right now, youre hoping for an earnings miss so you finally get the whoa, youre hoping for an earnings miss . Yes. Why . Because you want to get into these names. Cheaper. You want to get in cheaper. Thats the opportunity. Youre waiting for a pullback. A lot of people, myself included, have stepped out of some technology names. They have continued to appreciate. And youre happy with that . Major money, moved on. Now you look at these names reporting this evening and youre hoping for an earnings miss. You dont want them to keep going higher and higher unless youre long. Im going to qualify what youre saying. I generally agree wit
Europe had the problems of unemployment that should be solved. The only way to solve poverty with dignity is with employment and good employment like anthony is saying. Timeshave met a couple of and i met you once of the Clinton Global Initiative and i know you are very close to the clintons. You talked about how you have your own distinct way of giving but you have not signed on to warrant officer bill gates and theyre giving pledge. They have a different philosophy. A project, wee put only money that is necessary. We dont make budgets. How can we solve the problem and have National Impact unless we get highly involved and help. We make research in genetics but ino we work in the field rural areas and looking how to bring health to these places. But you have not signed on have you worked with Warren Buffett or bill gates . Why 50 . t understand billion dollars. Do that will only solve some problems. You need to try to make it happen. Businessmen have the resources and experience to ge
Well ask john calamos. He has an interesting take on stocks you definitely want to stay tuned for. Holidays are a huge time of year for our consumerbased economy. President of American Express ed gilligan will join us. Is he worried about the timing of that terrible storm making its way across the nation . Well ask him that and plenty more. A lot of people are worried about that. How about walmart trading higher today, even though some are worried about the timing of the announcement of a new ceo. Much faster than many people had expected. If thats a sign of trouble ahead for the giant retailer and what do we make of doug mcmillans age . Hes only 47. Youngest walmart ceo since founder sam walton. Stay with us for that story as well. Lets take a check of markets. Dow is up about 30 point, not a huge move. As we continue to find new levels, new record perhaps. The nasdaq, look at that. Back and forth across the line, psychological important if nothing else. The s p, caterpillar adding to
Lower open the nasdaq looking as if it was opening. All getting upgrades merger monday, among them 5. 2 billion farm deal and talk about drama hbo go crashes during game of throwns and thea who may be pursuing regional programming. The biggest loser was the nasdaq. 2. 6 drop. Led by all of those names before the bell on friday, cr are amer warned you the selling was not over. That is a dichotomy that people at home need to worry about. The insiders need to have a price that they wont go. I was, i mean, you are pretty good. But that was really good. You saved people a lot of pain on friday. That was a nice lift. The list was false because there is a lot of funds that are on the wrong side of the trade. I think we should never invest in irony. It was something to have a caesar chicken wrap on my shoulder and a pizza on my other shoulder. What happened friday is the beginning of liquidation. It started earlier in the week. There are funds that are down a lot in selling. Check the headline
Were talking washington, dull will you explain, atlanta and chicago ohair. The editor who led the Washington Post through watergate passed away. Ben bradley s was 3. He was turning the postpone into a nationally respected paper when the postpone watergate stories earned a put letser prize and led to the resignation of president nixon. Posting thirdquarter sales that beatest mats and in a Conference Call Marissa Mayer said she is focused on maximizing value and will take a look acquisitions. We will continue to seek opportunities here and we will be smart about it. Marissa mayer seemed to to be sending a mess taj star board capital. It called for a breakup of yahoo and asked that the company quit making acquisitions. And daniel lobe is now targeting amgen. Therr calling for a breakup and lobe wants amgen split into one company with older drugs and one with new prospects. And carl icahn has nice things to say about a corporate sparring partner and pushing tim cook to boost a Share Buybac