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Eeked out a two basis point gain but it could have been worse and it should have been worse and was at one point in the day very ugly but the nasdaq rallied in the close taking the market with it. I kept from the very beginning, from the opening bell, where are the sellers. Where are they why arent they reacting to that ugly warning that we got monday from apple why is everything no matter how negative treated as a buying opportunity. It is like there is always something to be said for instead of and i think i know the answer. I think it is the index funds. 60 is coming in via index funds and they buy everything, including the stocks that should be getting hammered by bad news. And they buy in waves and they are in control of this stock market not mutual fund or Hedge Fund Managers either. Yes, index fund buyers i know people call this market a bubble and blame an easy fed but maybe, just maybe, listen to me, there is no one ....
Not just the company that hopes for the initial public offer, could this company help a generation thats been disillusioned with wall street regain their interest and confidence in the stock market . Tweel you why some are banking 140 characters could launch a new investor class. Fingers crossed. The latest on that troubling incident yesterday in washington, d. C. More reports that the woman involved had a history of mental illness, even believing that president obama was monitoring her. All this reopening a National Discussion about Mental Health issues across america and if we have the resources to address those. Stay with us for more on that. Meantime, get you caught up today on wall street. Sitting near the highs of the session right now, as a matter of fact, with the dow up 43 points. No jobs number this morning. Didnt have that to think about. But weve had a bit of ....
Today. After whats been a rough week, we are looking for a positive action. Lets take a look at the 10year yield. Are we around 2. 6, somewhere in there . 2. 64. And lets head to our road map now as well. Where does it start . Where would you expect . Twitter filing for 1 billion initial Public Offering. The Ticker Symbol twtr. The filing reveals the company not yet profitable. So is it worth an investment. And without job support today, markets will have to watch washington to see whether theres any end in sight for the Government Shutdown now in its fourth day. And look out apple. Samsung predicting a a record profit for the Fourth Quarter as it releases its new galaxy smartwatch in the u. S. And a massive spread in usa today, which well get to later. Lets st ....
Out of the country getting ready to host the worlds biggest tournament. Michelle is filling in. Take a look at what the major averages are doing now. Dow is higher by 70 points. Nasdaq is up 33. Russell higher by nine. The tenyear gold and oil at this hour, tenyear yield is at 2 prn 2. 6 5 . Volume dilt index is up 8 this we week. Im not talking about a huge spike. Speaking of volatility, when it comes to protecting individual investor, this is mad money man jim cramer last night. I, like you, am tired of hearing neither side wants to negotia negotiate. I like you think nothing will get done until we are at a hardship. You know what moment we are at . The moment we start. The moment we start cutting the earns estimates of the companies we follow. This goes to this. Cut numbers. We are no longer in a hurry to do things fast. Why bother if three weeks from now the government will default, who will spend and travel . Who is going to want to eat out in that situation . Each business im inv ....
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