Overnight in shanghai down almost 4 as the yuan sits near a sixmonth low. The roadmap begins with the markets, the s p starting off shy of the fresh record high and the nasdaq beginning from right around its highest level in 14 years. Home depot is posting quarterly profit above expectations and boosted dividend. Different story with macys and shares slipping after same store sales came in below expectations. And jpmorgan expected to announce job cuts in its mortgage and consumer business. The bulls off to a good start, the dow jumped more than 100 points and closed at 16,207 and the s p hit 1858 before pulling back and closing at 1847. Thats a point away from its alltime closing high. And as we said, the nasdaq reaching a 14year high before closing off its best levels. Jim, you said last night you would try to play the role of the skeptic. I do not like to see the nasdaq at a 14year high. I took to heart some of the comments we said on yesterdays show which is when you Start Talking w
Ipo, insiders with a chance to sell after the lockup expires. The stock down almost 40 this year. Can we make a crossborder deal . Germanys buyer acquiring mercks consumer business. The president of france throws a wrench or tries to in ges plan to try to buy alstom. Can hollande convince ge to sweeten the offer . Apple trading above 600 since 2012, push for upgrades, new products incoming, are we in for a sweet spot for apple shares . A crucial morts for general moto motors. Another engineer exits. Jim says now is the time to buy. It has been a long road for shares of apple. The stock closele above the 600 mark since october of 2012, comes two weeks after apple announced the seven for one stock split, better than expected numbers and expansion of the Buyback Program from 60 billion to 90 billion. The low, 388. The high 702. Closer to the 702 at 600. I think that tim cook listed on to carl icahn, he listed on to a lot of things a lot of people were saying and distilled it and recognize
Chapbook. She is also working with the survey and has other exciting titles coming for us. I work with an array of writers, some i have heard me mention including same who many of you know who is making her own books and films together. The addicted feature film cannot tober. You also need to know the Cultural Workers who are supporting and promoting these brilliant writers. Theyre People Publishing literary journals print and online in other publications and creating bookselling type. Laura peek round with queerly the journal. There is no say it sounded ivonne cavanagh. Theres brittle paper, it really books site online. There is my homesite smackers. What more can i tell you. Just pay attention. Make the effort to find out what is going on, what the work is out here. It launches necessarily, do you. Communicate with publishers. Everybody is on Twitter Facebook these days. Is there something you want to read, if theyre sent to you think its important for Book Publishers to do, let us k
Ride, down 1. 5 at 4155. There are ways to win while the markets drop and we will look at the etfs, they kind of go the other way. We are talking about ways to short the emerging markets without taking on too much risk. Its tricky but you can do it. And signs, signs, everywhere a sign as the old song went. We will look beyond the indexes and the data at some other key stats like trucking and shipping activity to get a different view of whats really going on with the u. S. And the global economy. First, though, lets check in with sue at the nyse. Its a very unpleasant day for the bulls once again today. Ty showed you the numbers just a minute ago but lets take a deeper look at the dow intraday. Take a look at that chart. We are off 200 points plus on the Dow Jones Industrial average. That is just a tad off the low of the session. We have been deteriorating throughout the day, really. The transports, i wanted to highlight because they are really getting hammered today. We are now off bet
And then he realized around to those nato 2009 as resolicit income he realized, if its true that were developing this glut in this country of natural gas, maybe instead of importing it, i should be exporting it, right . So he went back to his investors and said you know the whole thing about how we are running out of natural gas and were going to import it . Actually about the idea of exporting it because we have a lot . At that point had written off their investment, and they didnt believe in what he was doing but they didnt have a choice in the matter. They said good luck to you, sharif. If you can figure how to do it, more power to you. We have given up behind you. They called them all kinds of names but he persisted and his team persisted and they were the first to get approval from the government in sort of the teeth in the financial downturn when no one with any kitchen, the first to get approval to export natural gas, lng. They figured out how to par billions of dollars more to