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Also janet yellin saying maybe the Federal Reserve should be allowed to buy equities directly maybe they should be able to were going to talk about the markets all show long. And see if were getting getting around this area well look at where we understand with the indications. And where we think we might be in flat thing that curve waiting on tim seymour as well, tony dwyer will join us too, it is a big market day. Lets begin now with these markets. Guy adami, i have a statistic for you that i think may move you given the kind of weeks we have had in the moveup, the qqq well talked about on this fine program, is it now higher year over year. I mean, some of the its amazing what you can do with numbers, i didnt know that and thank you for sharing that, and happy monday to everybody. This is a good day, and listen i think you can take some glimmer of hope from that absolutely tims joining in, and hes been optimistic, which is good ....
2. 25. And oil, as you see, still below 50. A move made this week as we watched the commodity complex come down across the board. The road map starts with amazon overtaking walmart in market cap after reporting a surprise Second Quarter profit. The shares up 20 in the premarket. Star bucks shares also higher ahead of the open. The coo told jim last night. And anthem agrees to buy cigna. The price and the release is 188 a share. In reality, its a bit less than that. Well get to that deal. We begin with amazon reporting a Second Quarter profit of 0. 19 a share while wall street was expecting a 0. 14 a share loss. Sales up 20 . That was up by strength in web services. Shares of amazon surging in the premarket putting the market cap above that of walmart and making founder and the ceo about 7 billion richer. Thats right. 7 billion more just from the move up. Thats a side show. Th ....
The adp employment report in july ahead of the jobs numbers on friday and at 8 30, the treasury refund announcement. They are refunding the treasury. They are going to be trying to limiting the effect of the fed reducing its Balance Sheet. Also what 8 30 this morning eastern time, alix steel will interview Goldman SachsCeo Lloyd Blankfein. Lesters speaks at a business conference, and John Williams speaks in las vegas on Monetary Policy. Late yesterday we got news of Apple Earnings for its Third Quarter and the tech giant Beat Estimates on earn ....
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