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Facebook reported amazing number last time. Amazon gave you an amazing upside surprise and it got steam rolled it was hideous nonenonetheless, and i know that. There is the right way to look at it or the wrong way we dont look at the action and we are back to form an opinion about the quarter. Thats the wrong way the right way when a Company Reports great number and the stock gets slammed, you look at the set up often because of an event like say an impending election. I am expecting massive confusion. One of the most confusing weeks of my career unless the results are blow out this day, we may not know who won plus with mail ballots nobody wants to unstock a bowl of confusion why not sell everything on monday for starters, you are too late what the heck did you think was happening. More importantly you are not nimble enough to get back in after you gotten out look at our quality stock selling off right now. You definitely want t ....
Vaulting 1. 1 did feel better than the kind of run of the mill rally because it was as broadbased as you can get. And thats a terrific sign of staying power. But we had a real thicket to get through. Lets parse what happened today and figure out if the market can keep rebounding, because its not clear to me that it will. First we came in with minus 5. 46 , not as negative as it was a couple of days, but still a coiled spring. You know i fall the sbfs religiously. You have many down days, you can almost count on a bounce. I like to look at a years worth of the oscillator, we bounced on levels in august last year at almost the exact same readings, and then the market roared until this threeweek selloff. Its weird that the market can still bounce because it means there are rationality to things, but not every oversold bounce has staying power. In august and in early october did not in retrospect indicate a true bottom. Matter of the fact, things went right back to being awful. So maybe it ....
Points are we seeing signs of a top well break down head winds. We have a 6 billion chip acquisition to tell you about this morning and what it means for other potential deals as well. And retailers gearing up for black friday but walmart gets slapped with a downgrade over at goldman today. We have the latest on the Retail Sector as we begin an abbreviated trading week due to the thanksgiving holiday, the dow and s p east in the midst of a twoweek losing streak na nasdaq coming off the Third Session and bit coin surges past the 8,000 mark over the weekend. I think the high 8101. 91 theres discussion whether or not it can hit 10k. I was thinking about zimbabwe, whoever has money may want to go to bitcoin. A chinese crackdown, they go to bitcoin. Venezuela, natural bitcoin because its defaulting on everything when you see defaults and people realize currency may be devalued, bit ....
U uncertainty of a number of saudi princes and ministers were arrested over the weekend on corruption charges and of course as you probably have heard by now, that includes prince al waleed bin talal well look at what this means for u. S. Companies looking to do business in saudi arabia we havent even gotten to the Qualcomm Broadcom story but theres other things to get to now. We have the breaking news now that disney has held talks to buy most of 21st century fox. David faber back again anything new on this is. We can advance the story a little bit and refresh it for people, guys 21st century fox, as bill just said, has been holding talks to sell most of the company to walt disney leaving behind a Media Company that would be tightly focused on news and sports according to people familiar with the situation these talks have taken place over the last few weeks and given thei ....
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