Teslas troubles. A reported investigation into self driving claims and whether it committed securities and or wire fraud during the criminal investigation. That is coming up. Looking forward to that. Morningstar is outstanding Portfolio Manager of the year. She runs a fund focused on Underappreciated Companies which pay reliable dividend. We will find out. Lets take on the markets first. But it the dow is up 122. Look at the others in the red. The s p down two points, the nasdaq down about a quarter of a percent right now. A lot of stocks are on the move following earnings. Jumping on an earnings beat in a phase 3 trial. After its first report of the company. Said a year from now and got it already. Trip adviser getting crushed on that lower guidance and the rejection on a takeout opera. 29 . We will trade more earnings, movers and lunch coming up. First, lets start with tesla as that stock is falling. 2 off of its worst levels of the day so far. I am looking at right now. It is so nic
Work. Augment the hand. Todays action represents attempts by several different card players to make their hands better in this new environment where most stocks go down anyway. Dow falling 163 points, s p sinking 6. 5 . Lets take it by the clock. When i got up this morning, the futures, they were down hideously. And you know i get up early. A couple of reasons. Both chinese imports and exports showed chinas decline in Growth Continues to accelerate. Weve now had 13 straight months were chinese imports slumped right in a row. No wonder copper is in free fall. No wonder theres no place to put aluminum and steel. Nickel, zinc, i cant even look at them. Its just bad over there now as the economy frantically switches to being consumer base. Only one third of the chinese economy is based on consumer spending. Ours is two thirds. The chinese want their country to be more like ours, more like a service economy. When we see any data that suggest the Big Industrial engine of china might be sputt
Sinking 6. 5 . Lets take it by the clock. When i got up this morning, the futures, they were down hideously. And you know i get up early. A couple of reasons. Both chinese imports and exports showed chinas decline in Growth Continues to accelerate. Weve now had 13 straight months where chinese imports slumped right in a row. No wonder copper is in free fall. No wonder theres no place to put aluminum and steel. No wonder irons under 40. Nickel, zinc, i cant even look at them. Its just bad over there now as the economy frantically switches to being consumer base. Only one third of the chinese economy is based on consumer spending. Ours is two thirds. The chinese want their country a service economy. When we see any data that suggest the Big Industrial engine of china might be sputtering, we freak out. Why . Because so many countries depending on the Chinese Market for growth and its not giving them. Things only got worse, around 4 30 when we heard that Anglo American, the biggest Mining
Sinking 6. 5 . Lets take it by the clock. When i got up this morning, the futures, they were down hideously. And you know i get up early. A couple of reasons. Both chinese imports and exports showed chinas decline in Growth Continues to accelerate. Weve now had 13 straight months where chinese imports slumped right in a row. No wonder copper is in free fall. No wonder theres no place to put aluminum and steel. No wonder irons under 40. Nickel, zinc, i cant even look at them. Its just bad over there now as the economy frantically switches to being consumer base. Only one third of the chinese economy is based on consumer spending. Ours is two thirds. The chinese want their country to be more like ours, more like when we see any data that suggest the Big Industrial engine of china might be sputtering, we freak out. Why . Because so many countries depending on the Chinese Market for growth and its not giving them. Things only got worse, around 4 30 when we heard that Anglo American, the bi
The Iraqi Securityy forces have gone on the offense. President obama ordered more u. S. Troops to iraq. 1,500 additional u. S. Personnel will be headed to iraq. Theres a major expansion of u. S. Boots on the ground. The effort comes with a big price tag. Weve got to to make sure that our efforts against isil are properly funded. Its in connection with an islamist plot to carry out an attack. President bush visited the texas hospital where the first ebola patient was treated in the u. S. The next u. S. Attorney general could make history as the first africanamerican woman to hold that position. The president will nominate Loretta Lynch for the job. Get your warm coats. A polar vortex is going to blast americans next week. Highs only in the 20s or 30s. What an amazing sight off the coast of italy. Two waterspouts formed sigh simultaneously simultaneously. All that he turned the table on the robber when he realized he was carrying a fake gun. And all that mattered mr. Gorbachev, tear down