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Spiking over those concerns over iran also coming up on the show, House Financial Services chair Maxine Waters on why she wants a hearing over facebooks crypto play, libra. Join us, stephanie link, from levine, welcome. Are you doing buying today little bit. Little bit like what little Semiconductors Semis little broadcom i started a position last week when it fell 8 on the day and i just kind of think that the valuation makes a lot of sense and well see. Its a china proxy for sure, so something good has to happen on trade but i think the valuation is discounting a lot stephanie i was talking to one senior trader who said that the threat of a cut on Interest Rates is more powerful than the cut itself and that therefore its harder to get this same good ....
Tracy good afternoon. I am tracy byrnes. Ashley and i am ashley webster. But dow 140 points away from an alltime high. Tracy china fighting back. Ashley check the calendar. Spring has not sprung, but gasoline prices are already in high gear. Tom kloza on what is to blame. Tracy lou dobbs take on the new Simpson Bowles reduction plan. Is there any chance that washington will stop squabbling and actually do something . Lou dobbs will join us in a few minutes. It is top of the hour. Time for stocks now as we do every 15 minutes. Lauren, we are starting the week on an up note. This u. S. Stock market rally really started in europe. The u. S. Market has of arrows across the board. A really tight range for stocks. Volume clearly to the upside by about twoone your advance to the client line. Really pushing closer to those alltime highs. 14,198. We are not far from there. 1576, we are not far from that either. We are getting there. Hopefu ....
social media service out there. lori: you heard lauren give us an outlook on the disappointing news. phil flynn is in the pits of the cme with more for us. we saw one of the biggest spreads in history. today it looks like that investors are screaming uncle. we have the biggest jump in etf buying. it looks like the investors worried about rising interest rates, uncertainty about the econ big names. the john paulson, the george soros. they were buying basically gold miners. they are doing really good. lori: a double bottom. is that what we have seen in gold lately? everybody was bearish. you could not find one bullish story out there. certainly enough, that was the date they put in the low. lori: a lot of traders are looking back at the gulf of mexico. i hate to bring this up. another storm system that could turn into something. traders are watching it. lori: phil flynn of price futures group. thank you. melissa: although the oil cartel is expected to keep output ....