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48. Road map begins with global head winds. U. S. Futures taking a hit as chinas market turmOil Continues. Seeing a little relief so far today and now investors turn their eye to the fed whose meeting kicks off. Big names this morning include ford, dupont, and ups. Merck reporting some mixed results this morning. First up futures rising as the s p looks to avoid its first sixsession losing streak in three years. Another decline in china. Shanghai down after an 8. 5 slide. Jim, you tweeted this morning the government took out some bad longs in china overnight. What does that mean . Im watch where the government is playing this and believe me the government is the natural buyer in this situation. They get the market come in bad. Then they let the market drop about 4 and futures were down. Then they just jammed it up plus one. Then the sellers came in and they stabilized it. Its kind of a victory for the bulls because it didnt close d ....
Cyber monday sales were. U. S. Markets said to keep chugging higher as russia warns of a possible slide into recession. First up, apple in focus after the stock fell more than 3 yesterday. Raising their price targets on apple. One says this could be the top of the iphone growth cycle. They are relatively cautious here. We have blown through some targets. Kaiu has a sector perform. That is a guy i frankly dont listen to. I listen to people who liked it and are calling tops because a guy who has fought it doesnt have as much credibility. Im looking at the canacord note. Expecting the 200 million iphones, the merrill note. Pacific crest wants to trade apple. I believe trading apple is a suckers game. They were skeptical going into the launch of the 6. If they didnt have something mindblowing, he probably would down grade them. Didnt do it till now and missed a run. Ive got to tell you, there is talk of multiple praction. The multiple here is 14 times earnings. Ive got stocks selling at 1 ....
interview with imus is different than the others. the book called the sound track of my life went through his career. fasingnati even for those not crazy about the music business. for those that are, it will be one of the best interviews. mike breann to used to do sports on the imus in the morning program when he was announcer for the knicks and voice for espn. for those that know him for that, you don t know how funny he is but you will. mike breen has a new book called killing imus. we ll leave it there and he ll fill in the blanks. we were crying. we were laughing so hard and you will be as well. we ll have our humorous moments from the crew, including mississippi white boy. and to sing the blues for us and reverend jesse jackson. we begin with the record producer and music geat, clive davis. i was telling clive davis this was the first time in 40 years i ve gotten a guest on five minutes earlier than scheduled time but clive davis, of course, is not to embarrass ....
it was unbelievable. it was unfathomable. i m sure many of you are thinking what the heck is going on with this whacko nut job come on. humor me. we have the worst estimate to job creation number in ages. a number that s so disappointing. i mean, just incredible. it took your breath away. it s not a random commerce department figure. some boring purchasing manager s report. some consumer confidence number. it s a big enchilada. the nonfarm payroll report. out s got guac and picante. it s the most important number yet. the one with maximum negative impact on the stock market when disappointing as opposed to missing by a country mile like today. you have the biggest semiconductor company on earth intel preannouncing a tremendous miss many sales, meaningful decline in gross margins. intel used to be important. let s look at growth wars in tablet and smartphone. the best acting stocks, google, amazon, apple, three-way free-for-all that will lead to shrinking margins, righ ....
thinking what the heck is going on with this whacko nut job come on. humor me. we have the worst estimate to job creation number in ages. a number that s so disappointing. i mean, just incredible. it took your breath away. it s not a random commerce department figure. some boring purchasing manager s report. some consumer confidence number. it s a big enchilada. the nonfarm payroll report. out s got guac and picante. it s the most important number yet. the one with maximum negative impact on the stock market when disappointing as opposed to missing by a country mile like today. you have the biggest semiconductor company on earth intel preannouncing a tremendous miss many sales, meaningful decline in gross margins. intel used to be important. let s look at growth wars in tablet and smartphone. the best acting stocks, google, amazon, apple, three-way free-for-all that will lead to shrinking margins, right? put the negatives together and how much should we have been down ....