Skip to main content

About your Search

20090604
20171213
STATION
CNBC 213
DATE
2012 52
2013 39
2015 38
2014 33
2017 29
2016 20
2010 2
2011 0
SPONSOR
LANGUAGE
Search Results 0 to 49 of about 213
CNBC
Dec 10, 2014 12:00pm EST
know, public record. but there were people who were part of hong kong, not mainld china but they froze the assets and i believe it was 20 or 30 million dollars. obviously any time you have a situation as mark cuban knows too well when you have a situation that someone believes there was nefarious actions taken they freeze the assets. but they are not going to take it back to china with them unless they really stayed under the radar with a very small trade which again is not really how things work. >> this conversation i know is going to continue to have legs and we're going to continue to follow it. let's move from the c suite. one of the world's most well known luxury department stores to the chairman on the national retail federation. one of the industry's top insiders. steve sadove. good to see you. welcome. >> thank you. >> what do you think of -- >> do you have an opinion what you just heard on the desk here. >> i don't have an opinion whether whether should ore should be listed. it's global acadeeconomy and th consumer wants to shop with alibaba. >> whose going to win? >> i i thi
CNBC
Sep 4, 2012 12:00pm EDT
. >> another sign of a slow down in china. purchasing managers data showing that the manufacturing activity continued to shrink in august. how low can china go without affecting the u.s.? former chairman of morgan stanley asia joins us. always good to see you. a hard landing in china are overblown, right? >> i do. the chinese economy slowed to 7.6% which is down a little more than four points from the growth rate two years ago by comparison. a comparable period in '08 and '09, the chinese economy had decelerated by over 8 points. this is half the down shift. if the world implodes from here, china certainly will be hit hard. but given the indications in the u.s. and europe were -- there is ongoing weakness but nothing even close to what we saw three or four years ago. i think we're near the bottom of china. >> is china doing anything in particular? when i see every index below 50, what does china have to do? >> they are doing a lot. but they're not doing it the way you guys are used to looking at stimulus in the u.s. they have announced significant local government spending initiatives in a
CNBC
Feb 16, 2010 12:30pm EST
you, tim, that it's demand driven. when we had a year like 2009 when china artificially stimulated its economy to no end, what is the mean reversion? what are we going back to specifically with a name like freeport-mcmoran which feels the most impact whenever this is back. >> copper is a difficult level to get through. we've taken 10% off the bottom. the copper demand and the jury is still out and they'll stockpile it and i don't care about the inhave not ors. what i care about again is the iron ore. they make steel. they are five times the u.s. in steel production and they're buying as much iron ore, coke ask coal and they're going electric and in the fertilizer space. you go to the place in 2009 which was a record low year in terms of using fertilizer. you are hearing them say we have demand shortages in potash and phosphat phospha phosphates. >> this is the chart of the day. tell us what you're seeing here. >> i mean, for the chartist, this is the golden cross. this is a case where we have the 50-day crossing the 200 and what that means is look at it from a trend perspective because
CNBC
Sep 21, 2015 12:00pm EDT
go international where you have to worry about currency and china. >> you have a lot of hedge fund clients post fed. i get the feeling from people i talk to, maybe you get the same, they don't know what to do. as one just told me a short time ago, the only difference between me and them, them being the fed, is that at least i know i'm confused. they don't know where global growth is. they don't know how bad china is. the mere fact they threw it into the statement suggest to some people it's worse than we think. we simply don't know. if that environment of uncertainty, we don't know what the heck to do in the market. >> there's a lot of validity to what you said. i disagree with the idea that somehow if it's in a statement that means they're worried about it to a greater degree than we are or we should be. i think everybody's concerned. a level of uncertainty in the market that persisted before the september meeting that has only exacerbated now. the extend the first fed rate hike features into your investment thesis which is a conversation we should be having, you're left now with
CNBC
Nov 3, 2015 12:00pm EST
, but at the same time we have this overhang from the fed, and we also have this overhang from china so there's a lot of competing forces out there. it's creating a lot of volatility. >> when you say, you know, china, how closely tied is what happens in, you know, the swrap knees equity market tied to what's going on in china? >> it really depends on the sector. there are certain areas of the market that have a pretty high correlation to what's going on in china is and then others that are not really affected at all. you know, one area that i would point directly to is the tech sector. you know, tech is one area of the market that was really beaten up are not some of the issues around china over the summer, and i think what we are seeing right now is some element of mean reversion. >> are you still a believer in the three ro's? >> i am to some extent. i would like to see -- >> and that being -- i should also say just for people that don't even know what i'm talking about, the -- you know, abe's plan to stimulate the economy and get growth really going back in the right direction. you
CNBC
Mar 12, 2013 12:00pm EDT
. they may have some elections in june. you have anies there weakening. >> china data the other day wasn't good. you know what i say about that? market don't care. >> i would agree that the market doesn't care now but we need to be careful of that. approaching all-time highs here. the fed is there certainly but if the fed -- if quantitative easing works they found this magic formula that they'll never -- we never have to worry about the business cycle again. >> we need a shock headline of some sort, a shock data point, a shock development to push the correction? >> it's never what you think about. what's why it's a correction because it comes as a surprise. to b.k.'s point, the only thing i would ask, how much as dragi spent? what are interest rates versus what our interest rates are? how many dollars has he spent -- >> saving it up. >> exactly. how much has he spent on buying sovereign debt, okay? nothing. >> nothing. >> exact. line of firepower. >> he's got a lot of firepower. >> but that assuming, one, that he wants to use that firepower. he could have used it last week but reluc
CNBC
Sep 24, 2014 12:00pm EDT
flawed. the market is looking good. the fundamentals are good. china means nothing to us. it is not a big trading partner so little impact. but i disagree on earnings. i think earnings are going to be strong again and we'll see revenue growth again which we haven't seen for the prior five years absent last quarter. >> here's goldman sachs note today. asia in focus. the head line, lower speed limit for chinese growth. >> chinese is our third largest trading partner. 122 billion in '13. and of that about 30% from agricultural products which aren't economically sensitive. nor is a lot of the other products we use economically sensitive. if they stop buying as much copper or coal as they announced you will see commodity input prices come down and that will be positive for consumers here. >> are they bullish, too billionibillion bullish enough? >> you have had bears in the last month. most if not all except for one of the main strategist have an s&p target for years end that is higher than the s&p sits today. >> so the one saving grace to the fact there might be too much bullishness out th
CNBC
Sep 29, 2015 12:00pm EDT
is probably still a little bit more long than he is short. we spoke about china too with icahn saying china can take care of itself, but that things could be worse before they get better there. lastly, we spoke about another asset he is taking stock in, donald trump. icahn telling me trump has resonated with the middle class, he is the outsider washington needs, and that mr. trump in icahn's words, has a chance to win, though he did laughingly dismitts the notion that he is ready to be his treasury secretary should he win the white house. there's a lot to go off here. people have wondered if icahn is so bearish on the market, what's he doing in freeport? with relatively big stakes. he gives us a little more clarity on what he sees there, among other things. what's your take? >> well, my take is that awful the things that mr. irahn raised, but i think he does a good job of pointing out a couple of key concepts spshg the area i found most interesting was the buy-back area because, as an active shareholder, that's been a big part of his playbook over the last few years. buybacks are what
CNBC
May 8, 2013 12:00pm EDT
search versus their paid search. and they're back advertising in china. they're running ads in china. they'll get paid for it. >> the ad rev growth is slowing. the margins are starting to compress. they really have no presence and haven't made any efforts to get a presence in china. so there's a lot of things i could say are very positive for go google. the fact that, scott, this stock has taken off. i love it. it is off to the races. it's again up $12 today. >> why fight the momentum? >> i agree with you. i'm not somebody who likes to fight the momentum. when you look at this as a valuation play, we heard earlier talking about the housing market, i think google's a little bit in front of itself right now. >> the only thing i worry about on the bear case is they do have the issue is do they own that content on youtube. that's always been an issue for me. but if they're able to monetize it, take $1.99 a month for up to 50 different channels, i think that's going to be huge for google. >> there's no doubt about it. john's right at that point. i still say this, if i want to be in that s
CNBC
Nov 18, 2015 12:00pm EST
lowest they've ever issued. you've got low rates around the world. china will jump in eventually will real stimulus, so you can keep a lid on it, and i think the 25 bits is absolutely meaningless. what i'm looking for after is the rate of increases going forward. i still -- >> which even nuriel said it's going to be gradual if not very gradual. >> it shouldn't be in your investment equation at all, period. >> let's note a couple of things which we should highlight. first of all, the market is just off the highest levels of the day. the dow is up more than 120 points, and oil is worth noting as well. it's now dipped below $40 a barrel for the first time since august. some are suggesting maybe you have an attempt to divorce itself the moves between the stock market and what crude are doing because lately knee been in tan dem. crude goes lower. the market goes lower. crude goes higher and the like. we're not seeing that at least at this moment. pete. >> well, you are getting a nice move out of techno today, and obviously that didn't hurt that goldman sachs put apple on its conviction buy
CNBC
Feb 6, 2013 12:00pm EST
nothing to write home about. platinum does a little bit better when the china story looks like it could pop with momentum. an excellent indicator from the stock market but not just the growth side of it. >> if you had to pick one metal for 2013, flat numb, gold or silver? >> i'm looking at platinum. it is $5 from its all time high and gold closer to that. i think it can make that move quicker and usually out-performs gold. >>> what about you, log onto cnbc.com and vote. futuresn futuresnow.cnbc.com. >> apple spiking at the half, any thoughts as to what is changing behind today's move. >>> later legendary investor, byron wien throwing cold water on this rally and find out how low he thinks stocks could go. come on, nowadays lots of people go by themselves. no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch
CNBC
Jan 15, 2015 12:00pm EST
you're getting and getting it in europe, getting it in japan, probably going to get more in china, and in india that was the biggest surprise to me overnight more than the swiss national bank that they lowered rates and they could do so because their inflation numbers are coming down because of energy prices. they import 80%. to me i think there are pockets internationally that i think you can still own. still want to own u.s. you want to own some pockets of where there's value there. >> i thinks the concern about the deflation is real and coming back once again. i disagree with the premise that low oil prices are a near term benefit because clearly the discourse in the high yield market suggests that it's not. i go back to what i said the other day. a lot of high yield companies over the past couple years to feed the shale wells, that have to continue to borrow and were able to do so, cheap financing to keep the wells going, now is the moment where they have to finally hedge and that means they have to sell against their production in the near term. that's a problem. long term co
CNBC
Dec 18, 2012 12:00pm EST
. >> so it's 18 months to two years. weak dollar, stabilizing europe, better data out of china, those are the headwinds that that may be predicting, right? >> absolutely. i think that brent is going to hold up pretty nicely. we see brent up $100 a barrel. i just think that wti crude oil is very heavy. in fact, if you look at a lot of the grades around the midwest, they are really starting to feel very heavy. there's not much demand for those grades. in fact, we've seen western canadian select trading at # $4 a barrel in the last couple of we cans. this is the canadian crude coming into the u.s., giving a big discount. and wti, frankly, is going to be experiencing some of this pressure from the outside. there is going to be limited capacity in the next 18 months. so something has to give. it's either producer slow down or, you know, we get crude oil he can ports approved out of this country and this problem will be solved. but i don't know. i ask you guys. >> i've got a trader right here who heard 50 bucks and almost fell out of his chair. weiss? >> i don't see it. there's no wa
CNBC
Jul 20, 2012 12:00pm EDT
there. china, obviously slower. india, also slower. so this affects everyone. no one can really escape from that. >> it seems like when you look at the numbers, processing is bad. >> maybe even a little more specialized on the mobile side, can you widdle down what spaces or sectors, to as tight as you can, are the troubled spots? >> part of the trouble spots is that you have big launches. if we take one of the names that we like, microsoft, they probably have the most important product launch since 1994 when they launched windows 8. windows 8 introduces touch to the pc. you can do that with your smartphones now, with your tablets now, but you couldn't do it with your pc. that's coming up. why would anyone want to buy a portable in front of that? you're going to want to wait. that comes out in october. that makes the pc market pretty tough. the problem here is that the iphone 5 is coming out in the october time period and probably have a new smaller tablet. so demand is going to grow in front of that as people wait. these are specific things that make the near term look tough for a coup
CNBC
Jul 19, 2017 12:00pm EDT
there is this amazon effect and it reminds us of ebola or china collapsing where every time there's -- >> come on >> no. >> -- an iota of a thought that amazon might enter a market, the stock craters. this frenzy and panic, we got to get out before amazon gets in. that really can't apply to every single sector and every company in the world >> so what do you buy? >> we haven't bought anything yet. though you guys know that we did buy sherwin williams and made that comment that paint can't fly. so that's a business that can do just fine without worrying about amazon because they're not in the paint business and there are other businesses right now we're looking at hanes brands we are looking at auto parts companies. >> we agree. auto zone. >> you have to take into consideration the price. they're ten times earnings i get it you can buy things online. >> just like a slight nuance to that, we use amazon effect as a shorthand because everyone understands what we are talking about because everyone is disruptable. so you bring up something like a hanes brands here is a company that for li
CNBC
May 9, 2013 12:00pm EDT
of its export coal. that's much more dependent on what china's doing with their steel making. the other half comes from switching of nat gas and oil. that switching largely took place for this phase in the past year. new factories coming online. now nat gas is above $4. you'll actually see the volumes are starting to reflect positively. i never think that business would get a high multiple because of the long run. over the next year, that will help the stock as well. >> another area which i think is very interesting is vodafone and liberty global. you've got the vodafone play off of verizon and verizon wireless. talk ton us. >> stocks are down slightly today. people are concerned about the core business. whether the government will change things in europe about roaming. realistically, there's a hidden asset which is the verizon whose p wireless. counts for about two-thirds of the value. between the verizon ceo and vodafone. about $100 billion to $130 billion. i feel like the power sits with vodafone. verizon isn't -- really needs to buy this asset in. i think it would be a very cr
CNBC
Feb 25, 2010 12:30pm EST
add on top of that, i believe that china on the other side of the world is really stamping on the brakes. when you add those things together it parents a bearish picture. >> in terms of spreading to the united states, gary made a good point on the halftime report and that is the multinational companies who have large exposures to greece. we did some homework and we called s&p. take a look at some of these multinational companies in the u.s., no on coincidence, these stocks are selling off in today's downturn. look at these percentages. is this the next shoe to drop in the earnings season? >> as i sit here today i can assure you for 20 years of experience that you'll be seeing come early april, companies that have missed guidance or companies that in the middle of march decided to take down guidance. they will blame it on the fact that we've had this dislocation in europe and i can assure you that's happening and i can assure you that companies are thinking about that right now. again, the european banks, they're trading okay because they had good fourth quarter numbers. i think a
CNBC
Dec 28, 2015 12:00pm EST
going to go into credit. with every reserve currency, china sold about 15% of their treasuries. the first time in a very long time. you'll see saudi arabia continue to sell. so we may see a spike in rates, which means bond prices will be going down. where i really want to be is with hedge funds. we're seeing, i mentioned this a couple weeks ago, and we're still seeing it, we'll see it to a greater extent, winners and losers. the rising tide is now do you have the goods or not as a company. so i'm seeing great returns on the short side. so hedge funds traditionally have underperformed, have outperformed, rather, except in this totally liquid environment over the last five years. you're going to see it go back to normal. >> let's move on to the top business story of the year. this is at least according to the associated press. we've mentioned it a few times. the chinese slowdowns. the president of the euro asia joins us now on the phone. thank you very much for your time today. it's interesting the way that the china slowdown was certainly the theme of the year. i was taking a look at
CNBC
Apr 26, 2016 12:00pm EDT
you see? >> well, it depends on the call, because if they talk about china or the consumer or the watch sales are better or worse, and for apple pacific, it is a specific piece of technology in the benchmark, and anybody overweight is going to be feeling it hard, but at the price point, looking at the other companies, and look agent nixpi and talking about the auto market may not be collapsing like everybody thought, so it is interest interesting. and apple is apple-specific i believe to a large part because it is a very dependent product cycle story, and keep a close eye on what they do with the capital, because that is going to be the buffer to the quarter tonight if they in fact reaccelerate their buyback and dividend or something like that, and that is doing to be buffering it, and give the people time and patience to own for it the second half of the year. >> they have a history of upping the dividend, josh, in april. they did it in 13, 14, 15. >> yes. >> and no reason to think they won't do it again. >> right. i agree with pete. the stock has pulled off when everybody acknow
CNBC
Oct 10, 2014 12:00pm EDT
early. but i think this time it is overdone. they specifically called out china. and if you look at where things are different in china today it is the housing market. and if you go back to our housing correction, our 2008 recession, they were really getting beaten up bad and tried to parse out the exposure to housing market and came one 25, maybe 30% that were exposed through security system, appliances, tv, things you buy when you boo i a new house. so if you take that and apply that to china, china is actually seeing a the 9% contraction in q 2, expecting 10% contraction in residential sales in q 3. so they are seeing the same kind we saw back in 2008 and microchip has the similar 25, 30% leverage. so i think we're seeing that. now then you have to look and say does that apply to in i other chip names? it will have broad leverage into things, broad analog guys or generic plays but when you talk about intel or the wireless hand set plays that don't have any exposure or minimal exposure, those are where the opportunities are. >> cody, it's mike murphy. wondering to your last point,
CNBC
Oct 14, 2014 12:00pm EDT
, it is about europe, it is about china, it is about what i said yesterday, "talk is cheap." people with a lot of money on the line in this market are looking for draghi to put action into action at this point. >> what if if it's not good enough? what do you think the market reaction is then. >> massive qe. >> europe ps don't co-massive the way america does. >> the other thing note is china. commercial light truck sales down 16%. a competitor to caterpillar warning profits down 80 to 90% year over year. burberry, yes sales in china were up but slower than expected. so while the focus remains in the united states, a lot of the focus on the big money remains on what's happening in europe and china and on that note let's bring in paul richards from ubs. good to see you again. >> hey scott. >> is draghi going to get off his hands and do this massive qe? which seems to be the only thing that the biggest money is looking for to save this market? >> i think what happened whether w this margket last week. everybody is puts on out the minutes. i put it on the thursday imf. when they went at
CNBC
May 3, 2017 12:00pm EDT
upgrade rate go down a little. so to me, that's a bit of a disconnect, but when i look at china, which continues to be very weak, my belief is that that's a consumer to generalize that cares a lot about form factor, that cares a lot about future functionality and had explosive growth during the iphone 6 cycle. i think you're seeing the eothe side of that boom, now, looking forward, there are a lot of people in china who have iphone 6s and 6ss that will be looking to upgrade for the iphone 8, so i think you're likely seeing some anticipation/pent up demand and that's good. apple's numbers today are about the same in terms of estimates for this year than they were before. and if you're pulling on the stripg or pulling back on the string and you could have an even bigger rebound with the iphone 8, that's president obos. >> jim, the floor is yours. >> when i read tony's report, i thought it was a welcome relief. i think you're really making out the case. if the stock has gotten cheap, that there really is in many ways, even if that number that you think is the sequential revenue down, a ca
CNBC
May 18, 2015 12:00pm EDT
plus, what they're doing in china. how much growth. the penetration there. all the rest of that type of stuff, but carl is focussed on a completely different area because carl's talking about the tv. he's talking about automatic. he's talking about all of these things. i think for all of those reasons, this ecosystem that they've got right it's why i've held it. continue to like this name, i think opportunities come any time that somebody bashes them. pushes them to the downside. ill legitimately, that's an opportunity. >> in terms of here and now, ubs raising on increased iphone demand, also today rbr coming out with a bullish note. saying that china is going to be a major driver of growth, 40% of revenues, total by fiscal year '18. kenny, down to you on the floor. how is apple trading though lately? >> doesn't trade down here, it trades on nasdaq, certainly you can see, it's not necessary lay name that i trade often because i'm here on the floor, although i can, it's just not what i do. but listen, they've all made great points, and you make great points. it's one of the names if y
CNBC
Feb 16, 2016 12:00pm EST
banks, china's credit pile. is this a punk rally we have gotten the last couple of days? >> when you get a decline in the marketplace it takes the shape of an alphabet letter. sit going to be a v in i don't think so. it's going to look more like a u. hopefully it's not an l. the first thing you want to see is stability in the marketplace. scott you're beginning to see that companies are buying back stocks. i like what's happening in the next couple of days. we want to focus on the economic data you're going to get. tomorrow you're going to get housing. tomorrow evening chinese are back. you'll get the inflation figures and let's motte fnot forget the. stability first. that's what i like. >> come a long way in a couple of sessions but it's the question that continues to haunt investors. is it going to be a sell into the rally as it has been on every occasion since we started going through this situation? >> one thing i'm certain about is volatility is going to continue. absolutely positively and what i have been doing is just paying attention to the extremes so when we get so oversold
CNBC
Oct 1, 2014 12:00pm EDT
wynn describing how much better it is to do business in china than the u.s. next hour he takes aim the u.s. and the white house even though today shares are down based on china news. they were up yesterday based on china news. >> fun musing, somewhat endearing comments. not critical. >> sort of a billionaire to billionaire kind of golf course thing. >> don't bet against carl. everybody's learned that. >> well, i don't know. i wouldn't bet against steve wynn. she doesn't think icahn will get the outcome he wants. but we'll see. >> jane, thanks. >>> coming up. time to get rid of the third quarter's big winners and buy the lagers? or stick with what's working? or not working. then you can find gasoline for less than 3 bucks a gallon in more than 26 states. will prices drop across the country? we'll look at the futures. and the dow is down 186. still only 3% from all time highs however. keep that in perspective. just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan f
CNBC
Feb 14, 2017 12:00pm EST
markets accelerating. look what's happening in china, all the data points there. that's one of the reasons that she didn't tighten after december of last year. she wants the global markets to be stronger. the u.s. markets to be stronger. we have that. >> stability and commodities since the fall. you the stock market up 9%. >> you don't think it's in the market -- >> i'm changing my opinion. i am convinced here, i come to this table with these right bright minds with an open mind myself. i'm saying the fed -- >> stephanie highlights what the risk is if the u.s. dollar becomes a high yielding currency, then you have to -- >> serious? >> i'm serious. i'm thinking now -- i will tell you one thing. to joe's point. i know the fed is afraid of trade. it's afraid of what donald trump is going to do with trade. it's afraid of the dollar impact of that. and trying to gauge that. if all you told the fed was you're going to do tax cuts and you're going to do deregulation, i think they would have an easier time factoring that in. by the way, this is true in the broader economics community which
CNBC
Apr 17, 2017 12:00pm EDT
where the gdp growth is and the china and india story. this is not a ford story. >> where are they based? >> all over. >> where are the headquarters. >> they started in canada, but they're all over now. you have to think big. >> it is big. >> up next, the netflix seeing nice gains this year. very hotly traded stock. >>> kevin is answering your investment questions. if you want them read and answered on air, tweet us at #askkevin. if those words don't mean anything to you, don't worry. >>> before the break, let's get a check on the dow. every dow stock but chevron and exon are higher. back right after this. ight afte. various: (shouting) heigh! ho! ( ♪ ) it's off to work we go! woman: on the gulf coast, new exxonmobil projects are expected to create over 45,000 jobs. and each job created by the energy industry supports two others in the community. altogether, the industry supports over 9 million jobs nationwide. these are jobs that natural gas is helping make happen, all while reducing america's emissions. energy lives here. with all the things you'll never learn from a book. all
CNBC
Jul 26, 2017 12:00pm EDT
this is new. yesterday, the imf increased the forecast for growth in china and if it were just the dollar, gold would be along for the ride but it's not as far as crude oil is concerned, my favorite momentum index, strength index says it's not yet overbought >> we're getting close to $49 is everybody going to cross 50 >> i don't think we'll cross 50. if you look at the six-month chart, there's a trend channel and it's behaved beautifully within the move from 42 to 49 was expected by me at least and the point now is that just because we're at the top of the trend, that doesn't mean that it respects that level. the fundamental story seems compelling if it goes above 50, i believe that's something to forget about. you miss the first 10% of the move and try to short it. >> looking at that chart, if it crosses 50, that's pretty significant. guys, thank you. >>> meantime, for more futures, check out the live show at 1:00 p.m. eastern time at futuresnow.cnbc.com. >>> final trade is coming up ne xt this is where i trade andrs. manage my portfolio. since i added futures, i have access to th
CNBC
Jan 10, 2017 12:00pm EST
. >> kind of a challenging time. it was china and oil. >> that's right. >> but mario was highlighting what we've expected in the regional banks. the lifting of siffy is going to be incredibly important and it's finally going to unlock some of the animal spirits in the regionals to acquire assets. seeing a little bit like that already in suntrust, regions financial which i have not sold out of and i believe in. i think those names are going to perform incredibly well. >> judge, last week i believe friday of last week ubs took the target on goldman up to 285. $51 increase in their price target. i'm looking for that to happen relatively quickly, judge. i am long bank america, i am long jpmorgan, i am long citigroup. i disagree whole heartedly with the citi call today. i think it's a bad call and we'll see if i'm right. >> not saying that goldman sachs is a piece of garbage. simply saying that all the raise of sunlight that everyone has already mentioned is in the stock. >> it's not. >> that's the point is, it's not in the stock. and when jpmorgan puts up a number like i beli
CNBC
Jan 5, 2015 12:00pm EST
. companies out of exposure in europe but also to china and also to india, to japan. international is a place to put some of your moneys this year because the valuation proposition is attractive. but also because those central bankers are flooding the zone in terms of monetary policy. we're getting more restrictive. they're getting more accommodative. see what draghi does. >> and fully open the spigot again. >> let's see what happens with draghi. i think there is value there and so that's why i do think you can have some exposure. >> the data suggests s that if you're waiting for a full recovery on something like gdp or whatever measure you want to use before you get involved in any stop market, u.s. >> is germany going to turn around just as united king democrat was. bank to the financials for a second. when financials bottom, the first place you want to look will be in the regional banks. and potentially you'll see a deal there, as well. >> tell me why europe is the place to be. if you think the value is there and the euro goes down, what draghi really wants to have happen, yp iwhy not inve
CNBC
Mar 20, 2012 12:00pm EDT
. china's slowdown fears, bhp billiton says iron ore demand is flattening out and they have lowered fuel prices as well. are the worries overdone? tiffany glittering, though, that there may be better values in the high-end retail trade. and housing and the fed. we are joined by goldman sachs with their outlook on the economy. >>> and apple overheating? ipads selling like hot cakes, but you may burn your fingers on the stock and the tablet. >>> and previewing oracle as traders take their positions ahead of earnings tonight. welcome to "the fast money halftime report." lots of trades today. china in focus after the government raised fuel prices. is that going to cause a slowdown? then the executive of bhp says iron ore demand flattening. how are you trading this news, pete najarian? >> i'm looking for a reason to start jumping back into some of these names, because i, frankly, agree with bob pisani and byron wheaton from the standpoint of this isn't anything new. we knew this was going to start flattening. ten years of 24% growth, it's just not something you expect to sustain. so, when you
CNBC
Jul 9, 2015 12:00pm EDT
from what's taking place in china. big gains there. things have been completely unsettled. if that's the way of the world these days, i guess this is the kind of volatility we're going to have to live with for a little while at least. >> it's not out of character for this time of year, we've had some slippery summers. you remember the taper tantrum took place june, fixed itself by july. last summer wasn't a picnic, the biotech sector selloff about 20% from its high and spook a the love investors with speculative names. we average a 10% correction in the s&p, roughly every year in and a quarter. it's not totally shocking that we seem to be wanting a correction. i would tell you a burst of enthusiasm today, doesn't mean anything, we could be back into headline hell tomorrow. think the message is just get used to it it's okay. nothing wrong with volatility in a market. >> maybe we're going to get out of the shadow so to speak of what's taking place over in china. there's like zero correlation between what the chinese market does and what our markets do here at home. did we have some gig
CNBC
Mar 5, 2012 12:00pm EST
fast five. the top stories for the "halftime show." china growth fears, should a 7.5% growth rate change your investment plans? we'll ask kmod commodity king, dennis gartman. and yawning at yahoo big plans, the company reporting a massive restructuring. shareholders don't seem to be impressed. crude reality, oil set to hit $115. one guest says we will have more pain at the pump. automakers seeing green. can gm power profits with natural gas trucks? or does the chevy volt prove that the demand still isn't there for clean cars. >>> and bull case for las vegas sands, why you should bet on the stock that's up 28% this year. welcome to the report. lots of trade and let's start doing it. dr. j, are you overly concerned with what's going on in china, given the fact that they lowered their growth expectations to 7.5%? >> no. the main reason i'm not overly concerned about that, scott, is that china, i don't really believe what china says, whether it's bullish or bearish. so i pay attention to what, when they speak and obviously it does move markets, so i react to your note. but as far as w
CNBC
Jun 17, 2014 12:00pm EDT
. transformer. breaking down the wall between hollywood and china. mark gannis on the blockbuster premiere and the business thunt awaits. >>> and oil shock. troops head to iraq. live on the ground with the very latest. >>> worst trade of the day. the incredible question that stumped miss usa. what nia from nevada didn't know, the video you have to see to believe. >>> let's meet today's starting lineup. joe, steph, josh and pete trading today and we do begin with some shocking new numbers of just how prevalent insider trading may be on wall street. according to a new study, nearly one in four public company deals. a stunning 25% involve unusual activity in the options market. the same kind called out by pete and john every single day on this show. "squawk" host andrew joins us with the latest on this stunning story. >> reporter: thank you, scott. remarkable to think that literally a quarter of every single merger that takes place that we see announced has some type of unusual activity, and not just unusual, but meaningfully unusual activity. the professors that did this study actually said that
CNBC
Mar 28, 2012 12:00pm EDT
financials. we're having a sell-off in the markets. maybe it's because of europe. maybe because of china. those are issues that i already know. as long as the u.s. economy doesn't weaken significantly, which it doesn't appear to be doing, then i'm still okay being long financials. that being said, separate the fundamentals from trading. you have a 75% profit in any stock. i don't care what sector. certainly take some off the table. >> this is what you're going to have to do, right, as a trader as you head into the second quarter. many sectors have sizable gains. you'll have to decide whether you ride that wave or you have to take a little bit off. what do you do with the banks? >> certainly banks have had a nice run. over the last month we saw it broaden out. financials up 6% as a group. xlf. they have rallied. we saw nice option activity in bank of america this morning. people going out buying over 25,000. playing bank of america to the upside but defining risk here is somewhat appropriate. we're entering a period of time in the market over the last couple years where it's difficult to
CNBC
Oct 1, 2012 12:00pm EDT
morning was positive. i think that the china data was also encouraging. nowhere where we need to be in terms of china and the recovery and i think that manufacturing number overseas was pretty impressive, month to month over increase and i think you're troughing in china, and i do think the new regime coming in november will start to aggressively ease and continue the policies over there. i think we're growing 2, 2 ps 5% gdp. i think it is okay. europe is off crisis mode. china will start to recover. i think you can be bullish. we have been buying the dip and buying the stock that is have gotten hurt. there are plenty of names out there and housing, retail, consumer, auto, a lot to be excited about. >> yeah. the guys next to me were talking about bed, bath and beyond a second ago and not just because they like to shop there but for the virtues of what the stock has done and that's what this day is all about and the reason halftime is live from the value investing congress here at the marriott marquise in new york city and all about stock picks. we'll hear from some of the biggest in
CNBC
Nov 8, 2012 12:00pm EST
we're following today. changing of the guard and what does regime change in china did for your money? forget the thrilla in manila, they square off yet again and apple's bear market and the stock sliding and should you be buying? a bull/bear debate, and our top story is the market. stocks lower yet again following yesterday's plunge and here's where we stand on wall street right now. take a look at the dow industrials down by 18 points and s&p and nasdaq following suit so how should you be trading the sell-off today, steve weiss, you're up first. >> here's how i'm trading. i'm really doing nothing. i had taken some exposure. i've got a lot of cash. i'm very, very concerned about the market because we didn't move higher today. we didn't hold onto it at the initial push so to me, selling off the way we did yesterday and then following through to someec tent today and i recognize training day is not over, is a very troubling sign. so i don't want to be very exposed to the market and go through the negotiations that are going to go -- that they're going to go through in washington.
CNBC
Jul 21, 2015 12:00pm EDT
business in china. cramer talked about that in the 9. the worst day for united technologies since september of 2011. so a rough session there. >> getting no lift from the sale of this sikorsky unit which was announced yesterday. >> let's get back to headquarters, melissa lee and the half. >> thanks, guys, welcome to the halftime report. let's meet today's starting lineup. joe terranova, josh brown, jon and pete najarian. earnings bonanza, four hours left to trade. apple and microsoft we've got your game plan. the facebook overtaking big names in value. is it a must-own stock? let's get to the earnings parade, apple, microsoft, gopro, chipotle on deck. >> the one we'll talk about all day long is going to be apple. when i look at apple early in the first half hour of trading 260,000 options traded. two to one calls to puts. the stock was higher and now has pulled back to 130. the most interesting trades has been the 150s in august purchased today. large blocks, out there in july, going to 138. when you look at number, i think the one number that's gets beaten by a lot will be the ip
CNBC
Nov 12, 2014 12:00pm EST
. >> how much of this call is based base ed on china? a fair amount actually. this is a propietary ubs evidence lab survey. we talked to 4,000 people around the world. and a thousand were in china. and surprisingly more want to buy iphone than any other countries. and in china they prefer the 6 plus, the larger phone which is good for apple. we see strong demand everywhere but i was surprised by the strength in china. >> people have obviously had high hopes for what is going happen in china. expectations it would be good. yet still enough to surprise you to raise your rm price target. >> tim cook has emphasized how important china is and and this supports it. it is about 16% of revenue. margins improved substantially. so the outlook right now is very positive. >> and steve you talk also about i think you mentioned in your note the market share. they are taking market share from samsung, obviously the bigger phone the attributing factor. but here is a question. i'm curious of your opinion. who should you they and how much should they pay if they need to do acquisitions? where is the bes
CNBC
Aug 17, 2015 12:00pm EDT
focus right back on everything in the global world and it's not only just china and greece but obviously, all taking a look at what's happening with oil. all kinds of different things, scott, i think pulling us in various direction. certain areas of the market just continue to hold up. look at the financials, look at health care, they continue to trade pretty well, other areas, look at energy and materials pulling us down. so until we can break out of that think we are snuck this range act least until we get to the next cycle. >> josh oil looks like it wants to go down near 40. this goldman note talks about high starting valuation. you have got the dollar, which is rising. those both combined are certainly a head wind for where stocks can go. >> yeah. and i think you're seeing that play out in price. we have been seeing that going back 130-some-odd dies november of 2013. no progress whatsoever. a trading range that continues to narrow. take a look at this spread, the gap, between the 50 day and the 200 day. tighter than any a wet suit, scott. i think what it all adds up to is j
CNBC
Apr 25, 2016 12:00pm EDT
china a ticking time bomb. we have the exclusive details and how he's doubling down on his bet against china. there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. from virtually anywhere. to warn of danger it's been smashed and driven. it's perceptive enough to detect other vehicles on the road. it's been shaken and pummeled. it's innovative enough to brake by itself, park itself and help you steer. it's been in the rain... and dragged through the mud. the 2016 gle. it's where brains meet brawn. lease the gle350 for $599 a month at your local mercedes-benz dealer. billions are spent to confuse and, dare i say it, flummox the american public. "save 16% on car insurance." "switch now..." well at compare.com, we say enough's enough. so we constantly scrutinize mill
CNBC
Mar 7, 2012 12:00pm EST
to me the news and still even today is china. i think this is really a fulcrum moment. even on a day like today, which is a nice bounceback particularly in technology, the cues have bounced back most of yesterday's launches. i continue to be focused on shorts that have exposure to the anti-china theme and i think any -- >> isn't that amazing too, cortez? we're freaking about china because they've ratcheted down their growth estimates to "just 7.5%." i'd do naked cart wheels in the cnbc parking lot if we could get 7.5% on u.s. gdp. >> that's not freaking out. china needs double digit growth to maintain. they have the largest ever migration of people from west to east to maintain anything near the kind of employment they have right now, 7.5% growth, frankly is not enough for china. the world realizes that and capital markets are reacting accordingly. >> i was in hong kong a few days ago and there were a lot of people there. >> we're spending way too much time on what's going on with china. it maybe was the catalyst for much-needed correction in the marketplace. but look at what is work
CNBC
Nov 8, 2016 12:00pm EST
40% of our own debt. we've jumped over china and saudi and everybody else and the somps buying our debt. we own more than anybody else. all of a sudden that debt financing goes up and up and up. sooner or later, somebody will be writing a warning note out there about the cost of this financing of that. >> do we believe that it could go up 10%. >> what stocks? >> the market by the s&p. >> no, no way. because are you at the moment in the marketplace where you have to define and tell me which stocks are going up. if i look at energy, i emphasize, i fine it highly suspicious. >> maybe you are asking people to do too much work. why not buy the s&p? >> i don't want to be a closet indexer. i believe kevin o'leary. the most compelling thing he said about disney was, hey, if the market goes down, i don't think disney is going to incur the volatility and the performance negativity the overall market is. that's what you want to do right here. i think you want to find equity days, where the market is going, you will experience less volatility because they have proven reserves. stephanie speaks
CNBC
Jun 24, 2013 12:00pm EDT
china getting ripped? one says yes and another no. a big debate straight ahead and the top story, rates and the rally and stocks sharply lower and as the yield on the ten year hits its highest level in 22 months. with the s&p now down 6% from its may highs, is more pain ahead for the markets or is the correction soon to end? we're trieding the action with steenen weiss and stephanie link and sooim an baker. stephanie, going to get worse? or is the correction going to end soon. >> bonds to stabilize and quickly. i think will you have this volatility for a while and especially because we have a couple weeks until earnings. you need bonds to stabilize and hear from the companies to say they're not that bad. we're buying financials. we're buying industrials. we're buying some tech, in oi. we're picking carefully. >> all right, stephanie. markets on pace for the worst june since 2010 and vix the highest since the beginning of the year and nasdaq the worst since november of 2011. buy stocks? everybody is so negative. >> i think it is too early. here is why. what has driven the market over the
CNBC
Dec 5, 2017 12:00pm EST
world and china in particular, the president, of course, just visited asia how did you take his trip to asia and the china leg of it in particular people feared his relationship with china would be very combative and a lot of friction. perhaps you can frame it as the polar opposite at the moment. >> yeah, i would say that. he has a very good relationship with president xi, and i think that's viewed mutually, and they had a very good visit from everything that i understand and the relationship between the two countries is -- is very good. >> you mentioned to me privately you were going to go to the middle east tomorrow or perhaps even tonight you got a big infrastructure fund coming with the saudis. what's your view on what's happening there with the royal family and what mbs has done to remove some of the other power place across the royal family? >> well, saudi is going through a major change, and as the crown prince announced, that they were going back to being a moderate muslim country the way they were before 1979 when their mosque was taken over by extremists, and he also wants to
CNBC
Feb 12, 2013 12:00pm EST
doing the same thing with expansion at china mobile is a big story. it's very specific, looking for names and where we have seen performance has been in the names we have given up for dead maybe have enough product line coming out right now maybe they have a chance that they catch to apple or samsung but at least more come ppetitive than severa months ago. >> are you still a believe in big cap tech? >> it has not changed. it has commodity based companies, the semis and pc manufacturers. the other side are cutting edge technology stocks you buy for a wave. i think jpmorgan downgrade was very flawed. i don't see the comparison between blackberry and palm. blackberry has an installed base of almost 80 million people. palm had no installed base. blackberry has a huge corporate installed base home depot i said and have new technology. we talked about that off and on and i disagree emphatically about that comparison. >> dan, i'm not sure if you can hear these guys. stev steven weiss is making the point you can't make a comparison between blackberry and palm, the installed base is defendan
CNBC
Oct 15, 2012 12:00pm EDT
having a hard landing, scott, i think it's behind us. even the worst expectations for china, 7%, 7.5%, 8% growth, i think e sort of upside surprise, you hit the nail on the head. upside surprise out of china, caterpillar starts to take out $90 quickly. >> stephanie? >> jpmorgan, i thought the reaction on friday was ridiculo ridiculous. that quarter was very good. they beat earnings, beat revenues. mortgagings were very strong. you will see that as a common theme in the banks and we have already, and i think capital markets continue to recover. so this stock has not recovered actually from the -- the stock prices have gone up but the valuation at 1.1 times tangible book. the stock typically trades at a lot higher multiple than that. that is one we will be buying when our restrictions are cleared. >> an interesting difference of opinion between jpmorgan's view on housing and perhaps what you got today out of citi, right? >> i think it depends on which side you're on. are you looking at originations, looking at production, looking at servicing costs? i think that jpmorgan has very good expo
CNBC
Sep 27, 2016 12:00pm EDT
sold? but the fact is is that i like the play on china. i think china is doing better than most people. i know that is strictly v verboten. i'm hearing very good things, auto sales were on fire in the month of -- >> yes. >> yes. >> let me ask you this, on back on the fang, three months, remember -- >> it's fa because they changed the darn name and wrecked everything. a note to follow higher stock price. >> facebook up 17.5% three month, amazon at an all-time high up 17%. netflix up 13 1/2. google is up 19. you stay with those -- >> i think amazon -- i will keep thinking about what bill mueller said at dangerous alpha where he said it is not dangerous at all. it really is going to double and then i look at -- do you know that alphabet has not been expensive for a year now and -- moonshot. it's not moonshot. it's on i-95 now. netflix, i have a problem with. that's why i went with fa, alibaba. -- >> you're putting baba in there. >> which one would you buy today? i know you're holding. which one would you buy? >> i would still by alphabet right here. i would still -- you know why, i keep t
CNBC
Apr 16, 2015 12:00pm EDT
us to $900. we don't even have china where it looks like they're more interested in entering china that we had assumed. >> i want to get rich greenfield. rich, do you have a comment? and i asked mark cuban what he's doing with the stock if anything. and he said he hasn't sold a single share. on that note, a gentleman who is exceptionally bullish on this name. has not sold a single share. converted the calls he had into stock. so he's a happy man today. rich, you want to weigh in? >> you look at mark cuban. think when you, i remember when you had mark on. he was right when we, everyone was questioning our call and our timing. we got right in front of q 3 just as the company missed expectations and people were really starting to doubt whether the netflix story was really had legs to it. and mark was one of the people that actually stepped in and listened to what our view was, is that they were winning consumers time and i think that's really what everyone has to focus on is time spent with media and entertainment is shifting to netflix. and that really is a big opportunity. and they'
CNBC
Apr 2, 2014 12:00pm EDT
in the u.s. sales is starting to slow down. and especially non-china emerging markets are starting to generate a bit of a headwind for these companies as we're starting to see in latin america. we think life is going to be more difficult for these companies going forward, particularly north american profitability is at a peak. >> so it's a broad call, if you will, on the entire auto space rather than zeroing in on general motors? >> yeah, i think that's correct. i cover the european sector as well. we've taken a fairly consistent view across those names as we have today at ford and gm. the global automotive market is slowing. china, there are issues regarding the overall growth, the profitability as we saw in the fourth quarter. the world is just getting tougher than it has been. i think these companies, especially in the u.s. market, have had a pretty easy ride since 2009 and the restructuring that they saw at that stage from here on in. i think life is going to be more difficult. >> is there an automaker that you cover that you like? >> yeah, the one in europe is bmw. it's a spec
Search Results 0 to 49 of about 213