No chit chat. I stay focused. Since this is when the fundamentals really come to the fore and direct the overall direction of the market like today where the dow gained 29 points. Nasdaq advanced 0. 02 . Unfortunately its not all earnings weve got to deal with next week. Whats your game plan . Let me show you mine. Ive been saying that the fed is prepping us right now for a december rate hike, a big reason why this market cant get out of its own way and feels so sloppy. More on that later. Now, fed vice chairman Stanley Fisher will speak monday, and hes been a major rate hike proponent. I bet his new speech will cause this market to get hit. Hes hurt stocks virtually ever time hes opened his mouth in 2016. But fishers words will help some stocks, notably the banks, and bank of america reports on morning. The stock has been advancing of late, was up nicely today. Even though its still dirt cheap, i have to wonder if bank of america has gotten ahead of itself thanks to the excellent earn
Nasdaq advanced 0. 02 . Unfortunately its not all earnings weve got to deal with next week. So whats your game plan . Let me show you mine. Ive been saying that the fed is prepping us right now for a december rate hike, a big reason why this market cant get out of its own way and feels so sloppy. More on that later. Now, fed vice chairman Stanley Fischer will speak monday, and hes been a major rate hike proponent. I bet his new speech will cause this market to get hit. Hes hurt stocks virtually every time hes opened his mouth in 2016. But fischers words will inevitably help some stocks, notably the banks, which benefit from higher rates, and bank of america reports monday morning. The stock has been advancing of late, was up nicely today. Even though its still dirt cheap, i have to wonder if bank of america has gotten ahead of itself thanks to the excellent earnings today from jpmorgan and citigroup. Some terrific pin action in all the banks today. If bank of america gets hit, it might
Unfortunately its not all earnings weve got to deal with next week. So whats your game plan . Let me show you mine. Ive been saying that the fed is prepping us right now for a december rate hike, a big reason why this market cant get out of its own way and feels so sloppy. More on that later. Now, fed vice chairman Stanley Fischer will speak monday, and hes been a major rate hike proponent. I bet his new speech will cause this market to get hit. Time hes opened his mouth in 2016. But fischers words will inevitably help some stocks, notably the banks, which benefit from higher rates, and bank of america reports monday morning. The stock has been advancing of late, was up nicely today. Even though its still dirt cheap, i have to wonder if bank of america has gotten ahead of itself thanks to the excellent earnings today from jpmorgan and citigroup. Some terrific pin action in all the banks today. If bank of america gets hit, it might be the perfect way to play that rate hike that does com
You know, we have been talking about donald trump on this show for 18 months and one of the things ive tried to make clear over those 18 months is how i have been wrong about him at every turn. When he first came down the escalator at trump tower and announced i boldly said on this show he was a stunt and he would never really run. I then said he would never win the gop nomination and i certainly didnt think he would be our next president but the good news is based on this pattern of me being wrong on predictions hes probably going to be a great [ bleep ] president. [ laughter and applause ] lets just hope the trajectory holds. Anyways i think i was not alone in watching the election last night. My wife and i went to watch the election returns at a friends house and before we left we put our 8monthold son to bed and i was holding him and i said to him when you wake up tomorrow morning we might have our first we came home around midnight i went into his room and shook his crib until he
Flipped. Power lines knocked down. And tree branches strewn all over the place. No injuries have been reported. Lets find out whats on tap for today heres storm track seven meteorologist Rachael Peart. Behind the cold front yesterday, today will be mild in comparison. Partly today will be above average in the mid 40s to the north and low 50s to the south. Winds could be a little breezy at times but for the most part wont be an issue. Weathermaker that could bring a few flurries overnight. There most likely will not be any accumulation by sunrise on wednesday. Wednesday brings the potential for a light rain snow mix across eastern iowa. The best chance would be in our Northern Counties but wont rule out seeing a mix toward the south. Temperatures tomorrow will be cooler low 40s for all. We dry out late week as high were continuing to follow breaking news this morning. A crash on highway 20 appears to have inv the Black Hawk County Sherifs Office says someone hit the officer this is a lo