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Tenyear yields around 1. 84. The euro on track for its worst month in two years, below 1. 12. More on that in a moment. Road map begins with u. P. S. Shares down sharply in premarket trade, after cutting guidance around the Holiday Season. Fedex down in sympathy. Mcdonalds shares rising in premark on the companys first samestore sales growth in the United States since 2013. And starbucks, record fiscal First Quarter results, in line with estimates. Chairman and Ceo Howard Schultz is going to join us exclusively on cnbc in the next hour. U. P. S. Probably the freshest news, jim, cutting its guidance, citing undere inging underperformance underperformance. Theyre calling volatility on certain days wider than others and expenses caught up with them. Yeah. I found thi ....
121 points and s p declined. 5 and nasdaq advanced. Lots of people rang the register after four sessions of positive action yet we still saw two huge winners emerge. Starbucks up 5. 48 and honeywell up 3. This matters. Im a gigantic believer that a ceo can determine how well the company does by leadership and execution. Pete carroll from the seahawks and Bill Belichick can take their places where no one else has gone. Thats what they have done. These two companies delivered superior quarters, such great quarters that you know to many other in their leagues, you have to sit back and marvel. I sure wouldnt want to compete against these guys. Think of the coach when you consider buying or selling a stock, as you hear later when a call out a couple of suboptimal performers. Lets talk about the game plan for next week starting with the microsoft. The new ceo, i like this guy, in a position to make more changes, more to the cloud and br ....
Rally here dow surging 260 points s p rising 1. 5 and the nasdaq gaining 1. 78 . Because mario draghi recognizes the low to no level of Economic Growth was just unacceptable. So hes throwing a trillion euros at the problem to stimulate the more abundant economies, even if it means taking down a lot of debt so more products can be sold overseas. Will it work . Oh for heavens sake who knows. The fact is six years after our central bank decided its not acceptable to have high unemployment, the europeans, maybe even the germans, theyre getting the message. Hey, worked for us. Stop debating that. It did. Could work for them. Its occurring not a moment too soon, though. You will hear a lot of whining from people who clearly dont own any stocks this is all bad. Where will it lead to interest lates are too low. Theyre too low already and this is papering over the problem. I could care less. Im here to help you make money. Im no professor ....
Thinking this whole kit and caboodle, it is getting real on the market. It is very hard to pry off. Hence todays action again. The dow is down. Nasdaq giving up and paint drying. And we are go to hear from a banker later on in the show. We heard about a weakening consumer today from the owner of darden. Which happens to be part of the mad money staff. Finished down 8. 9 . It yields 42 . But, that yield might not be the protection it used to be. That more than doubles the tax on dividends. We saw one of the biggest retail jugger nauts, the gap. Sales have become sloppy to surrender 3. 57 or 10 . Although that doesnt spell the death of retailers, we go off the charts tonight. And we witnessed downward pressure in the oil sector. Today is the first day when the group got any lift at all. So what do we do . Is it game over for equities should i go home . No, no, no. Let me first say absolutely not. We have to get either to a cliff resolution, or so the situation where no one expects the re ....
In just a few hours. As for europe, some green arrows, despite a miss in the eurozone in production this morning. The road map starts this morning with, of course, the fed. Expectations for revamped bond buying program. What will the Economic Forecast say about next year and what to make of the wall street journal story that says academics are driving Monetary Policy at secret dinners in switzer land. More counteroffers in the debt negotiations. It looks like Corporate Taxes are part of the deductions. Costco beats by 2 cents, better sales and better sales and membership fees. Some more reports about apple tv today. The journal said its designing a high new highresolution set. Microsoft trying to widen the list of retailers that will carry the surface tablet. The fed is going to wrap up its twoday meeting. A watch is ....