Then after further review, the money flowed right back. The dow closing down just eight points. S p declining 0. 31 nasdaq dipping 0. 50 . What the heck is going on here . I dont know what will happen with fbi director james comeys reviewing of new emails related to Hillary Clintons personal server. But i do know this. I do know that this market seems to want some certainty, or it wouldnt have plunged so hard midday when the news came out. Beyond that im leaving the politics to the pundits. But heres what i do know. The overall performance of the average today obscured one of the most vicious rotations i have ever seen in my career. Health care stocks, which had been under pressure throughout the campaign season, bled from the eyeballs today thanks to a couple of monster shortfalls in the Health Care Cost containment and pharmaceutical arenas, particularly biotech. These declines were so brutal, so pronounced, that we ripped up the show plan tonight and are going to spend a whole segme
Bob . Caller hello, jim, i hope youre warm and safe in the blizzard. Jim, i was able to get on your show six months ago and this is a fofoowup question. A close friend is a leading oncologist in philadelphia and he told me to buy tg therapeutics. I did and heard Michael Weiss on your show and was blown away and i bought more. Tg presented in december and their blood cancer data was outstanding. They also discuss their opportunity in auto immune disease for the first time and thats amazing. I plan to buy more and want to get your opinion. The fundamentals are divorced from whats happening in the stocks and weiss is good, we had him on the show. Heres the problem, its a speculative stock. If you look pat gilead and cell genehey are so people people say why do i need to go down to tg therapepeics but if you hold on to the speculative the stock and hit it out of the park, youll make money. Harvey in florida. Caller how are you doing . Im doing all right, how about you, harve . Caller okay.
Remember when they were negative and people wondered why this stock has roared from the lows in the 90s to 180 since east brook took the helm. Tuesday we hear from freeportmcmoran. Their woes were chronicled in todays new york times. Many think this is holding on by a thread. Maybe they have a plan to get more solvent and reveal it. Dont hold your breath. How about the two dow jones stocks that report tuesday morning, Johnson Johnson and procter gamble. J j told you things were fine but ever since ceo alex gorsky took the reins in 2012, weve been pining for bet years. Its ok to own and better to buy on weakness. After the bell we have the most widely anticipated quarter of the year, apple. And i have to tell you that this Company Stock has become a football thats getting kicked earlier this week an influential apple analyst at ubs told you to be careful saying the down side risks, even into the sickening decline from 134 to what was then 95 still arent baked in because cell phone sales
United states. Since were obsessed with oil and schlumberger soared after last nights earnings well have to parse that report closely. Next, the company with the steadiest stock is tissue maker Kimberly Clark and if you want to hear why, listen to their earnings call. But if you want pure electricity, we also get results from mcdonalds where i bet ceo Steve Eastabrook announces the numbers of 4 same store sales. Remember when they were negative and people wondered why this stock has roared from the lows in the 90s to 180 since east brook took the helm. Tuesday we hear from freeportmcmoran. Their woes were chronicled in todays new york times. Many think this is holding on by a thread. Maybe they have a plan to get more solvent and reveal it. Dont hold your breath. How about the two dow jones stocks that report tuesday morning, Johnson Johnson and j j told you things were fine but ever since ceo alex gorsky took the reins in 2012, weve been pining for bet years. Its ok to own and better
And schlumberger soared after last nights earnings well have to parse that report closely. Next, the company with the steadiest stock is tissue maker Kimberly Clark and if you want to hear why, listen to their earnings call. But if you want pure electricity, we also get results from mcdonalds where i bet ceo Steve Eastabrook announces the numbers of 4 same store sales. Remember when they were negative and people wondered why this stock has roared from the lows in the 90s to 180 since east brook took the helm. Tuesday we hear from freeportmcmoran. Their woes were chronicled in todays new york times. Many think this is holding on by a thread. Maybe they have a plan to get more solvent and reveal it. Dont hold your breath. How about the two dow jones stocks that report tuesday morning, Johnson Johnson and procter gamble. J j told you things were fine took the reins in 2012, weve been pining for bet years. Its ok to own and better to buy on weakness. After the bell we have the most widely