Jim terranova, Jim Lebenthal, jon najarian jpmorgans top strategist saying stocks will return to their highs. Lets bring in one of them today from new york. Welcome. Thank you got the note in front of me after this wild and turbulent week, why do you think were going back to the highs . Well, look. I think that the market is set up, when you look at just the market, when you look at the Business Cycle and so forth, its set up for further upside i think the profit cycle is going to get easier as we go to 4q, something to say about the cycle accelerating positioning is very low. Sentiment is extremely negative. I think theres a setup or a case to be made for upside obviously, the market is currently being held positive by policy, trade uncertainty and so forth, and thats where ultimately we need to make a call, and were sort of thinking we wont necessarily get much more trade escalation as far as the next layer of tariffs go some people, with all due respect, think were going to get a lo
Cuts. More than Million People have benefited directly. Heres the key point. Theres more to come. 2. 8trillion parked overseas. A lot of it will come back here. Business is coming through. Today the market opens well above the 26,000 level, flat to ever so slightly higher expected for the dow but no big selloff, despite the explosive runup this year. Investors are not worried about a possible government shut down. My opinion if shut down the government to protect Illegal Immigrants, theyre going to get the blame. Varney company is about to begin. Stuart President Trump tweeting about apples big move. Here it is. I promise that my policies would allow Companies Like apple to bring massive amounts of money back to the United States. Great to see apple follow through as a result of tax cuts. Huge win for American Workers and the usa. Given the details, what are they doing . Ashley theyre going to bring back 352 billion in cash and invest 350 billion over the next five years. Government bu
Pay safe shares rocket to the top of the stoxx 600 after a consortium by blackstone bid for the Payments Firm. Mediterranean delight for vodafone the mobile operator calls in with forecast topping numbers on the back of a Strong Performance in italy and spain, sending shares higher. Dimming down on sales. Philips lighting posts a 2 decline for its professional lighting arm, despite a beat on core earnings. The companys ceo tells cnbc that growth will return. We were declining by 2. 4 for the full year of 2016, we have been declining by 1. 3 for the first semester of 2017 we will go back to growth in the course of the second half of 2017 its a choppy start to trade today in europe with mixed colors across the board. Some red, some green, remembering that yesterday was really a Currency Movement that was driving stocks a stronger euro took its toll on european markets were seeing euro stoxx 600 not down too much, only by around 0. 07 . Ftse 100 is in the green but just holding on to gain
[ screams ] mass hysteria at one of new york citys biggest train stations after an incident involving a taser sends commuters fleeing fearing a terror attack. The stampede leaving scores injured and shaken this morning. And the last jedi. The force is strong for star wars fans celebrating the 40th anniversary of the film franchise. A bittersweet celebration as fans remember one of their favorite princesses, today, saturday april 15th, 2017. Announcer from nbc news, this is today live from studio 1a in rockefeller plaza. Good morning. Welcome to today on this saturday morning. Im sheinelle jones. Glad to have you with us. Im craig melvin. Dylan dreyer with us as well. A lot of folks on this easter weekend concerned about the weather. Most years easter doesnt end up being that great weatherwise. This year, across the country, looks pretty nice. Good news this morning. Well talk about that coming up in just a bit. First, lets get to our top story this morning. In north korea a show of mil
Citys biggest train stations after an incident involving a taser sends commuters fleeing fearing a terror attack. And the last jedi. The force is strong for star wars fans celebrating the 40th anniversary of the film franchise. A bittersweet celebration as fans remember one of their favorite princesses, today, saturday april 15th, 2017. Announcer from nbc news, this is today live from studio 1a in rockefeller plaza. Good morning. Welcome to today on this saturday morning. Im sheinelle jones. Glad to have you with us. Im craig melvin. Dylan dreyer with us as well. A lot of folks on this easter weekend concerned about the weather. This year looks across most of the country pretty nice. Good news this morning. Well talk about that coming up in just a bit. First, lets get to our top story this morning. In north korea a show of military force was on full display during the parade celebrating the birthday of that nations founding ruler this morning. It comes as tensions rise across the regio