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A 52week high in france and germany. Our road map this morning begins in washington where fiscal cliff negotiations according to the times has collapsed. At least for now. With less than a month until the deadline, who blinks first if anyone . Goldman takes dell from a strength to a buy. Is it time to look at the stock and maybe even other players in the beat up personal computer sector . Manufacturing data out of china. Not bad. 50. 6. Thats the highest in seven months. Although shanghai again trades lower even europes pmi improves a touch in november. First up, were one month away from the fiscal cliff and so far the white house and Congressional Republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. Yesterday our own jim cramer and Maria Bartiromo were on meet the press and cramer had a message for ....
Turning to political strife in the ukraine. Cyber reports driven by mobile and holiday data continues to trickle in. An upgrade in acquisition and reports in china mobile all amounting to a rise in apple shares. And shipments expected to fall by double digits this year, the most severe contraction on record. And some food for thought as news from yum brands and krispy disappoint. Comscore says shoppers have already spent about 20 billion online this year, up 3 . Ibm also saying some pretty eye popping figures saying both mobile traffic and mobile sales came in at more than 40 higher from a year ago. The data just continues to add up regarding the strn of mobien mobile, jim. I reiterate this is an apple Holiday Season. Dont want to get too focused on apple. Thats the metaphor. Seems like people want to buy phones and buy tablets. The pc numbers are dreadful. On the Hewlett Packar ....
Trading day of the year. We looking like we have an up open. As for that allimportant im going to put allimportant in front of the 10year every time i say it. Europe is largely green is where we are right now in terms of the markets can the 10year go to 3. 89 . I pick that number because thats where the spanish 10year is. Unemployment, three and a half year low. Spanish bonds are trading at a three and a half year low itself because business has come back. Is that maybe a little bit of a roof . Do you think its possible that our 10year is going to go through the spanish 10year . It doesnt seem possible. So maybe we should stop fretting all the time. And i italian 10year. Before we go phracrazy, we an better shape than they are and they should have their own currency. It really is insanity were so worried about it probably is a good thing, not a bad thing, because its saying a lot of good things about our economy. Im more concerned do you know when i did something that was cardinal sin, ....
Orroad m our road map begins with a 4. 5 gain for the s p. The ipad air hits apple stores around the globe today and the lines have already formed. But but we have one on set right now. Lower refining margins again. And thinking outside the box, the Container Store makes its nyse debut today. Well talk about the ipo coming our way. Score one for the bulls in october. The dow and s p hitting record highs, dow up 2. 75 , the s p rose nearly 4. 5 , nasdaq up nearly 4 as well. We know about october. The first trading day of the month this year has traded negative only twice in april and may and we all remember the very first trading day of the year, that 300 plus point gain for the dow, jim. It seems like the old days when we used to call it Mutual Fund Monday we used to have and at the beginning of each month there would be contributions for 401 ks. Is it continuing . Is it ....
Reporting a 57 drop in Second Quarter profit as production slide. Change of feelings in j. C. P. Bouncing back after falling yesterday. The retailer refuting published reports about cuts in its financing. And whole foods beats on earnings but the sales growth misses expectation. Well talk to the coceo walter robb later this hour. First up, coming off an upbeat july, futures show a strong august adding to the positive sentiment, claims lowest level since early 2008. Not participating, though, is exxon. The dow component with an earnings miss. Profits falling 57 in the Second Quarter. The Conference Calls not until 11 00, jim, but there were no big onetime items. A little confusing . Exxons become a very plodding company. I always like to rate the Oil Companies by th ....