you also have to stand up. just because some of the comes in and says you should change the business model, it does not mean you have to go do it. that is what leadership is all about. him and confidence in his stockholders have confidence in him, they will let him go and ride with him through the tough time because yeah shown in the past that he can do it. he is not going to make all the right decisions, but long-term, he can keep going. the life expectancy of ceos in america is 4-5 years, depending on how you measure it. social media puts an instant referendum on improving. everything. things are different here. still, great companies like goldman sachs and other big banks here have gone through good times, bad times. they have regulators that are rational, irrational. markets that they could control, markets they could influence. stephanie: are you saying that there are some markets that goldman sachs can control? mike: no, but they can control how they approach those ma
what s actually moving. what you are looking at is the percentage of new york stock exchange stocks closing above their 200 day average, we are pretty low. stocksonly at 36% of the trading above that technical level. we are around the lows of the year, i should point out. that is a bearish signal or a concerning signal, perhaps, for the rally sustaining itself. elseet: something technical analysts were looking at was the dow transport average . the big transportation related coverage for companies, at its highest in slate june. if you go inside my bloomberg terminal you can see that we are above the posted levels from july and we have to go back to late june to see when the dow transfer was higher. since june, since the fomc anding, there was only 20% one factor as to why they have been getting a lift. alix: you kind of get a read on the u.s. economy with that. scarlet: let s take a look at currencies, a big driver for the commodities market, up i 2/10 of 1%. i wanted toalix:
themarket has discounted positives and of the negatives of trump toss collection. trump s election. vonnie: looking forward to a lot of that coverage all day. in the u.s. we are about 30 minutes into the trading session. sa: next trading action abigail: mixed trading action. the dow opened lower. the week is relatively young but the dow was on pace for its second weekly decline. a little bit of a bearish trend that as you can see both the s&p 500 and the nasdaq are trading slightly higher fluctuating between small gains and losses. we are seeing a continuation of the lack of conviction that is marked trading action for u.s. equities in recent days. when you take a look at some of the havens we have seen a haven been more recently. we have the 10 year yield trading higher marked in red telling us the safe haven bonds are selling off a bit. yields rising helping the dollar index up. we do have the dollar against the yen rally. we have gold trading slightly lower if that stay
european equities are trading 30 minutes into the session. stocks are falling in europe, the biggest three-day drop since november 4. donald trump s firing of the acting attorney general adding about uncertainty decisions in the new administration. that s the biggest drop since november 2. and currencies are rising against the dollar. look at the greek 10 year yield still no agreement between the latest bailout review itseen greece and creditors. lots of corporate news to tell you about shell accelerating its drive to shed assets, agreeing to sell its fields in the north sea and thailand. the disposals include the sale of half the companies north sea assets for about 3.8 ilion dollars. $3.8 billion. bgt s filing up after the $54 billion takeover. a swedish fashion retailer, h&m, providing relief for the european clothing industry, reporting profits that topped estimates and setting a new annual growth target after missing estimates of five of the previous six quarters.
prices fell back after the new king said he would maintain his predecessors policies. financial markets are advancing adjusting to the ecb s announcement. one who is definitely the head of japan s central bank. he spoke to bloomberg in davos. growth could be accelerated. both would be beneficial to the world s economy including the japanese economy. we welcome this action. japan may need to look at new options for stimulus. earlier this week, the bank of japan cut inflation forecast to 1%. in greece, polls show the anti-austerity party has a six-point lead heading into sunday s election. syriza has promised to abandon the tax hikes. the plan has restored the country s economy concerned that syriza might win. that time of the year when we find out how much money ceos made. tim cook took in more than double his compensation and received $9.2 million when apple shares set a record. jamie dimon got his first cash bonus since 2011. up a little more than $7 million. lloyd