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Nasdaq dropping 1. 7 , but it was a better day for the social, mobile and cloud stocks, namely facebook and google and because the gains came so fast and furious today, we should waste no time and get right into them. Lets take facebook after last nights report. Simple fact of facebook is that its the Fastest Growing big capitalization stock of america because it is surfing the Fastest Growing theme of america. Social, mobile the cloud. This is a company that owns the young person demographic all over the world with a product that works best when youre on the go. Facebook is the modern way. Other than google, for advertisers to connect with potential buyers. It puts an end to that old song, 50 of advertising works, i just wish i knew which. At facebook, it is 100 of the advertising that works, which is why this Company Migh ....
Slightly positive territory for some of the averages right now. The dow though is down ten points. About five off the s p 500. 1750 is the level. The nasdaq sitting just above the 4,000 mark off 20. Speaking of moment of truth, twitter with its first Quarterly Results since going public due to hit within the hour. Investors will get their first real look at the numbers. Well see if they justify a stock price thats now up more than 150 since that initial Public Offering here that we remember so well. We will get you those full results right after the bell. And were not finished with earnings either. Disney also reports. A big bellwether for the economy and bob iger will be joining us here on the closing bell as soon as the numbers are released. Twitter and disney, two very Important Companies reporting in this ji ....
Fears and german retail sales were no good either. The roadmap begins with the market and were set to open deep in the red with dow futures down triple digits and the stocks are on track for the biggest monthly drop since february of 2009. And walmart set to open in the red after lowering guidance for the Current Quarter and amazon and google going in different directions. Amazon slipping after Fourth Quarter earnings miss while google moving to the upside after revenue topped those expectations. Well start, of course, with the markets. Signaling a steep drop at the open as stocks aim for their first down january since 2010. Investors still worried about the emerging markets after a drop in euro zone inflation shows recovery overseas is still weak. Thats not counting walmart, mattel, mastercard saying not such great things about the consumer. Mastercard had expense issues. I ....