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Week of 2017. We tend to see the socalled santa claus rally. That was not the case but we are seeing a rebound heading into 2018. It is not enough to bring the major averages to records. That enough to recoup the losses we have seen not enough to recoup the losses we have seen. We have seen this winning streak for you buy stocks. Major ever for u. S. Stocks. Monthly returns for the dow in particular, nine straight months of gains, the longest monthly winning streak since 1959. We will see if that can be extended into january. Modest gains but nonetheless gains for the dow. We got some truck makers getting upgrades from jpmorgan. In particular, baxter was also upgrading over bank of America Merrill lynch. Also an upgrade from wells fargo. All of this has to do with the outlook for these companies for 2018. We will dig much more into abbott and drugmakers in general, later in the program. Retailers, watching those as well. Nordstro ....
Stock, futures is down sharply healthcare stocks are under pressure this morning and amazon entering the health business, pa partnering with berkshire, finding ways to cut the cost of healthcare mcdonalds reporting a major spending boost for thousands of new stores and digital upgrades. Dow and the s p 500 remains on pace for a 10 consecutive months of gain i think it is true. You come in and when you see stocks, when you read the release and the mcdonalds release in the lets just say in the cave and not look at these you would say wow. These are great numbers. The markets set up to go down you have this team up that we talk about all morning with jai jaime dimon. It is generic, yeah, it is been up a lot and i want to take profits ahead of the president whos going to take credits for a good mark. Ye market you come in and let them take credit we got thursday is National Earnings day so there is a lot of reasons to take profits ....
Stocks are in the red, at least no now do you as much as check out movers, underarmour, soaring, earnings estimate were met blue apron rallying. And wayfair hitting new alltime highs. Climbsing about 6 in that time. All right. For more on the markets, le ate go to the New York Stock Exchange and check in with bob pisani bob . Tyler, 111 points in the dow, used to be big news a few weeks ago, but not anymore were starting to settle down. Im not saying its over yet advancing to declining stocks. The volume, surprising below average from what weve seen in the last few weeks, volatility is moving in a much narrower range. Trying to find some footings sectors, well, the market leaders used to be slightly to the down side. Banking are fractionally positive consumer staples, defensive group has generally been stronger all day here. Finally were following as interesting story from an anonymous whistleblower who has written a lett ....
167 points nasdaq lost. 52 do you use this weakness to take a swing . Or do you recognize we are up so much that it is too late to take a profit or it is not too late it is hard to figure but lets do it together lets figure together. You have been waiting for a pullback to do some buying i am going to right now, this is your moment i think we can get through it okay i bet there will be some damage and you know what, that damage is your first chance for longterm investors to buy into weakness this year and i am telling you, i want you to take it i am recommending any additional pullback to put money in an index fund that mirrors the market i would put a little bit each day. This is a full crom week when we get a dip, that is your chance to put retirement money to work. We have had a market that is going straight up. I dont think the odds favor another leg up at this moment. We are far more vulnerable to let down not that we are coming into this morning session because selling begets sel ....
Were creating a jawdropping new world that represents or largest singlethemed land expansion ever. The two 14acre parks in the work, will both feature rides on the force awakens, as well as the flight of the mihm falcon. No disneys updating the popular Jedi Training cad me. These star wars plans not only show disney is make the most of the acquisition of lucasfilms back in 2012, but they also highlight the longterm Growth Opportunity particularly of of the u. S. Parks. He says this will give leverage to raise prices, and says it will add up to a doubledigit Growth Opportunity in the launch year for these new attraction, crockett saying it also helps alleviate investor concerns about the durability of the traditional tv business. Now, plus after spending billions overseas to build a new shanghai park, which is set ....