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Outperformer, up 0. 6 of 1 small caps pulling back. Our Investment Committee today, joe terranova, stephanie link, jon najarian joe, lets get your top line read of the markets right here we had an 8 pullback into mondays open. Weve rebounded a little more than half of that over three days, so was that it for the nearterm pullback or are we still in a choppy phase . Well, we still have more fight to encloses the gap from last wednesday into thursdays decline for the s p, mike. That gap sits at 3153 to 3181. The composition of todays tape shows weakness in what had been kind of those dashfortrash leaders. If i look at the dow, i see exxon, boeing and chevron. They are underperforming today within the s p you have the cruise ships underperforming and then for the nasdaq, its the airlines and marriott. So the strength has to come from the old place, your Mega Cap Technolog ....
So whatever beat out fake news. No offense but which i really hate. Yes. Also literally as in im freezing literally. Gosh. My choice really just a letter. A single letter. The letter k. K. As in im running late. Ill be right there. K. K. I hate its all good. Its all good. Okay. What does that mean. No. Its not. I find k so much more disrespectful thats okay. You didnt have the strength to type the extra syllable. I will remember that. Im glad youre here with me today. Sal and mike are off today. We will start in washington where republicans are planning to celebrate passage of the tax reform plan after one more vote in the house this morning. Reporter an early Christmas Gift for republicans as Congress Votes to overhaul the nations tax code and deliver the gops bill to the president s desk before the holiday break. President trump tweeting this morning, the tax cuts are so la ....
Incredible slide for these shares which are down 50 this year. Thats going to take a very long time, a lot longer than people thought this is a broken growth story for sure they do 80 of their business in north america. Thats where the challenges are. Thats not actually surprising nike has had problems with north america. Everybody is having problems with north america, but youve got to the find companies that can have offsets nike does, so under armour, not only do they have north america exposure but they have product issues, right, all the performance stuff. They dont have lifestyle, thats going to take some time its still expensive because numbers keep coming down even though the stock prices come down, numbers are coming down pretty big time what plank said, we look to close out 2017 do not expect these conditions to improve, he said. Visibility is poor. Right, and youre hoping that kevin has thrown in the kitchen sink here. Do you go and buy this stock here absolutely not because ....