Shows Syrian Refugees rescued off the coast of malta. Libyan traffickers shot and sank their boat leaving them to drown. 400 were on the boat, and its believed 200 drowned. Mortgaged sold by countrywide financial which bank of america bought in 2008. The Justice Department said it will ask bank of america to pay more than 800 million in damages. Those are the headlines. Real money with ali velshi is next. Well, the stock market is still hot but the economy is still cool to the touch. Ill make sense of the disconnect so you know what to do now. And good news about the soaring cost of tuition, and ill introduce you to a space pioneer whose new mission is to tackle the true final frontier, the ocean. Im ali velshi, and this is real money. This is real money you are the most important part of the show so join our live conversation for the next half hour by using this, the hashtag aj real money on twitter. Lets talk stocks. If youre invested right now you know the markets have gone gang bus
Hour by using this, the hashtag aj real money on twitter. Lets talk stocks. If youre invested right now you know the markets have gone gang busters. The s p 500 is up 22. 5 . And stocks closed lower today breaking a sixday streak so that may be reason enough to ask whether this market has gotten a bit of ahead of itself. Once every three months Companies Report earnings, and were in Earnings Seasons right now with companies coming out daily and telling us how they did in the Third Quarter which is from the beginning of july to the end of september. But investors can look at forecasts that predict earnings into the future. The key way to determine the value of the stock is to try to figure out how much money the company will take in. Profits are increasing. The stock price should, too. Stock analysts are now predicting that companies who make up the s p 500 could see earnings increases in the fourth quarter, the final three months of this year, by 9. 2 compared to the same period last y