Doc, they draw the live. You get taxes through and go to 2850 on the s p. Okay. You dont, you get an air pocket pretty quickly of 5 to the downside that sound all right with you . I think that when we hit the new year, when we ring in the new year, if we dont have a tax plan passed, judge, we will see an air pocket. Dont know if its 3 , 5 . I doubt if its much more than that, but thats, like i say, a little over a month from now what im looking at if it doesnt pass, so not this week, but i think they will do it into the new year if that doesnt pass. Jim lebenthal, this goldman prediction about where things go they see the market continue to go up over the next couple of years, not nearly as much as they do in 18 they are lacking for a nice doubledigit gain. Things slow and multiples plateau and theres the price targets and wellknown by many viewers on this network of where they think this stock will go. David is a very, very smart strategist i worked with him 15 years ago and is extrem
Halftime report starts now. Just because were not up or down a thousand points of the dow does not mean the markets are calm in fact, the dow has been up and down tripledigits today now right now we are holding on to the strong gains, but with three hours to go, you never know what could happen risk also coming off just a bit as stocks rise volatility gauges are falling but the vix still above 20 match. Com soaring the dating site which oend owns tinder as more people sign up chipotle down and comp sales missing targets and it expects the decline to continue toward the middle of the year and wynn resorts and michael kors an and hasbro rallying and wynn, get to that story soon. Im Tyler Mathisen breaking news out of washington, Senate Leaders have announced a longterm budget deal. Kayla is on the hill with details. This is a deal in discussion since this fall. But earlier today just a few minutes ago leadership from each party in the senate took to the floor to announce they had resolve
Johnson johnson, well fargo and many more. Google going on a costcutting mission. How will this company known for growth cut back . Shares of google right now, shall we . Maybe no. Maybe so. They are up 16 at 5. 63 a 3 rise on that news. But we do start with the iranian deal. It may take weeks or months for the money to start flowing but the speculation has begun about who will get into the Islamic Republic first. Our coverage begins now with morgan brenner. What have you found, guys . You snuck up on me there. A sneak attack. So its not a done deal yet, still months and several hurdles away from sanctions being lifted, but there are a wide array of companies that could benefit long term so lets start with oil majors exxon mobile bp and royal dutch she will have all been taking steps to explore the possibility of doing business. All of the stocks are higher today. Now, if they start investing that could also boost Oil Field Services companies so Schlumberger Halliburton international a
Historically unkind to investors. Joe, as you know, a lot of people are off sides heading into today. Look at that smile hon my face look at that mile. Fits right into our narrative though this is not what a lot of investors expected. These three gentlemen are trying to make me feel better about my losses. Im telling you how it is. Oh, believe me. When i open up my account tomorrow, im going to see how much less it really is, yeah i mean, listen, trying to be active in the market, hedge out some of the risk obviously i took a very bad position in qqq puts thats an awful position to have this morning you take your loss, you move on, you add mitt your loss not the first time, not the last horrible position, but i do think thematically as i shared with you before, i think the events of both the Hurricane Harvey tragedy and now what were seeing with the florida. Irma. Yeah, irma, what were witnessing there is how does the Federal Reserve have any accuracy in the Economic Data where they wi
Josh, the store opening with a big product launch, not what it used to be, right there were the days when apple didnt do preorders. If you wanted to be the first with the product, you had to wait online. This time its very well choreographed. Im guessing there are more apple employees there maybe than there are people in line am i right no, absolutely, john. When i got here this morning, the lines not as strong as usual, although ill tell you, it has picked up now but i did talk to some people earlier who had been waiting in line and were expecting more people, but listen, we talked about that this morning, in some sense that might reflect consumers Shopping Habits have changed, people are more comfortable ordering phones on line and this is a different rollout. This is a staggered rollout this year with the iphone 10 coming later. That might also be having some impact analysts, though, so far are not going to look at those lines as some kind of honest proxy for demand, though, john be