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Appetite reverses the trend weve seen of late joining us, steven weis, managing partner of weis managing partners. Thanks for being here. Thanks for having me. I like the no tie look. I do that on a friday. Hes, i guess, getting the positive sentiment going here. Absolutely. Even though its only tuesday. When you look at whats really leading the s p higher today, its tech stocks its the Semiconductor Names what do you think right now . So, i own smash which is semiindex, ctf i owned it coming in today, bought more immediately when the news hit its not something i typically do i sold some in the last halfhour. Im not sure this momentum is going to continue. Its highly volatile, and when you have profits and positions that arent core positions, take them, be happy look at where the market is. The market is no further than where it was actually, its lower than where it was. Go back a year and a half, its basically flat core posi ....
Redstone cements her status as the most powerful woman in u. S. Media as cbs agrees to join with viacom. Shares of apple and chipmakers sword in tuesday trading after the u. S. Delayed tariffs on certain imports including smartphones as well as laptops. Trump said, is to case they might have an impact on people, what we have done is delay it so they wont be relevant during the Christmas Shopping season. To discuss in washington, the president of the u. S. China business council. Sarah, do we have any idea what the motivation is for the change of heart . Sarah we do know that the news gave a bump to the stock market. We sell retail and Technology Stocks go up today. There have been some declines in share prices in recent weeks. Of course, that is an immediate cheer from the market. What we dont know what was discussed between officials of the china and the u. S. On the ....
Intervene in a state matter and say stop the state plea because it is insufficient. Reporter i want to ask you a question about the office of professional responsibility. Earlier this year, it was disclosed that they are doing a review into how you and other prosecutors in your office handled this matter. What is the status of that, what exactly are they looking at, will you submit to an interview even though youre no longer with the Justice Department and if they find any misconduct, will you resign . First, i dont know what the status of that is. I would refer that to the office of professional responsibility. I dont speak for them. I will clearly submit for an interview even though i dont have to. I think what they do is important. The office of professional responsibility will have access to the full record. They will have access to all the facts. They will have access to the fbi reports. Theyll have access to the victim i ....
London and it works really well. Sometimes not so much but in some cases i agree with your priorities isolation, thank you as we kickoff the final hour of trade stocks are on pace for the best threeday performance since november Dow Jones Industrials up 108 points the s p getting 41 the nasdaq 150 points russell 2000 the biggest percentage of 25 points. No massive individual gains but when you punch up the five day chart we start with the russell because that best shows a muscular move of about 3 and it leads to the small and midcap breaking of bigtime, billionaire investor leon cooperman about to reveal to stocks in the russell that he has unmassed quite mistaken why he remains fully invested and will ask the Business School grad the news breaking couple of hours ago that his alma mater has canceled the main ....
Different meeting. The first annual meeting since Charlie Mungers death at the end of last year. It raised questions of what Berkshire Hathaway will look like after Warren Buffett. Those are the things that shareholders have been asking about and the types of things we see reflected in the media. Big questions, obviously, thrown to Warren Buffett and greg abel and jane who will be on stage this weekend to answer those questions. Well talk about those over the next few hours. Some of the issues surrounding berkshire. These are issues that Warren Buffett was direct about in his annual letter to shareholders. He laid out the disappointments they have seen. Bnsf was a disappointment on earnings. Earnings dropp ....