Thats why we were talking about the inverted yield curve a couple of days ago, also on deck windham chairman Steven Holmes and Deputy Director and financial ceo chris garcia, cohost of the 5 on the Fox News Channel Juan Williams and Washington Examiner chief Political Correspondent Fox News Contributor byron york. The European Central bank with policy measures to stimulate the economy from wall street journal interview with top ecb official and incredibly wild week of trading, the dow experiencing big fluctuations, you are seeing it yesterday morning when dow futures were down more than 200 points back flipped back, gaining nearly 100 points. Take a look at three market gauges this week, third down week in a row, you see how much ground the dow would have to be to end in territory. We saw bond market, i dont want to say panic signals, signals that we havent since in a long time since 2007 with inverted yield curve and i was at the Stock Exchange the yesterday and the day before walking
And then weve got business inventories, also worth noting today, the treasury is holding a 30year bond auction at 1 00 p. M. Eastern. Some of these bond auctions have been interesting to watch. You can see this morning the 30year is yielding 3. 428 . Twitter said to be considering a shakeup of the top executives. Reporting this includes a possible shift in the duties. Ali rowghani recently had some responsibility taken off his plate. Some members of twitters top staff have been upset he sold 300,000 shares of stock last month. Twitter shares under pressure. Also insiders and cofounders jack dorsey and Evan Williams have vowed not to sell as a signal of confidence. And then the story joe was referring to at the top of the hour, a hall of fame golfer, phil mickelson, reportedly not involved in Insider Trading in the shares of clorox when icahn was attempting that unsolicited takeover in 2011. The Consumer Products company among the stocks that the feds were examining as part of the inves
Win streak, the best since june. Tenyear yield this morning as Mortgage Apps basically collapsed last week, refis down 20 and well keep an eye on the mix of red and green arrows today. This is the best start to september since 2010, as the president announces he will delay the vote on a military vote in syria and give diplomacy a try. Are investors giving up on apple . No big surprises at yesterdays event. No big deal announced yet with china mobile and shares falling in the premarket. And netflix share at an alltime high. The deal with virgin media could change the relationship between netflix and the cable company. The president last night laid out his case for a military strike on syria saying its in Americas National security interests to work with allies to put chemical weapons under control. My administration has tried diplomacy and sanctions, warnings and negotiations but chemical weapons were still used by the assad regime. However, the last few days weve seen some encouraging
Late to give in. You aint seen nothing yet even though the dow had the eighth straight up day in a row. Thats what i heard all day yesterday and today. The dow edged up another three points, s p dipped 2. 4 and the nasdaq is back 3. 2 . Look, you know me. I always want to make the points. And theres still plenty of money to be made in this market if theres money to be made on stocks or even renting them you know i want you to make that money but i also know the psychology of the market lurks big right now. I see people all over the place trying to join me in the bull cap they have been sunshine bullied summer bulls i see people coming on our air and saying hey, listen, i was wrong oh, yeah i shouldnt have called a top, because it felt good to call top now they like it because the market is working. And you know what . I dont like that. Im seeing analysts who have been bearish on stocks and ive liked for some time. Ages. And theyre coming out now and saying now is the time to buy, buy,
For 24,500. Sold it for 28,500. After shipping, made a cool 3,500. But the real big score came from meg. She sold the transam for 25 grand. We bought it for 11,000, we put 4,000 in it. We made a cool 10,000. In total, flat 12 did 13,500. Roundman may have won the race, but i won the week. I think you could outrun a school bus. Oh, man. So look at it that way. Im jim cramer and welcome to my world. You need to get in the game firms are going to go out of business and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere. Mad money. You cant afford to miss it hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Just trying to save you money. My job is not just to entertain you but to educate you so call me at 1800743cnbc. Let the capitulators here be wrong. They almost by nature have to be wrong. Talking about analysts and Hedge Fund Managers who find themselves saying that, hey, its not too late to get in. Yo