Skip to main content

About your Search

20090604
20171211
STATION
CNBC 182
DATE
2012 45
2015 28
2016 28
2014 27
2017 27
2013 25
2010 2
2011 0
SPONSOR
LANGUAGE
Search Results 0 to 49 of about 182
CNBC
Sep 14, 2017 12:00pm EDT
dropping the hammer, president trump is blocking china's move to buy lattice semiconductor. it comes at a sensitive time for u.s./china relations are other deals now in jeopardy? plus, cbs'
CNBC
Jun 4, 2012 12:00pm EDT
steps for lower prices. >> you are shaking your head no. >> the people's pank of china, that is going to happen in the second half of the year. >> and it's on sale right now. they have a lot of exposure over in china. exposure with the koernl over there? >> we disagree. >> thank you. >> our next trade. global concerns driving oil. gold is getting a boost in recent days, though. more on commodities. which are you watching specifically today? we saw a rang from 15.45. just like dr. j. and his brother, we like to focus on the minors. specifically the jr.s, the folks who can play that the gdxj. the jr. minors, the cheapest it has been. >> if you think gold is going higher, why wouldn't you buy the gld. they are cheap for a reason. it's harder to get the gold out and it's expensive. >> i am long. i like gold making a new high here. taking out that 19, 23. i want to buy everything in the sec sor here. the 12 year cheapest discount we have seen. >> you could see a bounce in oil. the chart shows otherwise. why will you right and he's wrong? >> i don't know if i am right. >> they don't c
CNBC
Sep 2, 2015 12:00pm EDT
that we may be in, one of lower global growth, one in which china's selling some treasuries, rates could go higher. i think that's what bill gross was talking about where he said cash or near all cash is the best place to be. >> i think that's exactly it. that's the exercise i've gone through. here's how i get there. coming into this week and looking at monday, we had morgan stanley looking at 130 bucks on the s&p next year in earnings. we had goldman at 136. the market was trading at 15 half times current. have to take out the emerging market growth, the lift you have from there. that reduces your earnings and that reduces your price earnings, your multiple. where i come out at is we're less valued, it's been five or ten -- 14 times on the five and ten-year multiple. so i think that's probably a little too low because the u.s. economy is still pretty strong. so i come out to 15 times a reduced number, cutting the earnings by about 3% to 5% and you rest at 1830. now, you can overshoot that. we always do overshoot what's reasonable as we get more emotional, but that's where i think
CNBC
Feb 17, 2010 12:30pm EST
and short-term and bearish on this copy trade? >> i don't know what's on the farms in china but i tell you, melissa. i do know that the demand for some of the commodities in china is still alive and i know we're talking to companies that are trading and selling ore and selling steel and that trade is very much alive. copper withes me and the 310 level is a key level to hold. we pushed through that yesterday. i agree with what brian's saying in terms of is the question, if the g 3 is slowing down we have big issues with commodities. we need more than just china. >> obviously, the demand is still there in china, but at the same time china will pull back on the unprecedented stimulus they unleashed in 2009. joe teranova, what's your trade on the copper trade and separate that from the rest of the metals and there may be demand for steel, et cetera, in terms of supply and demand. >> i love that brian said he's putting his mob wre his mouth is and that's exactly what traders do and brian being short and copper and kudos to him. it will work out to be a great trade. commodities themselv
CNBC
Jan 30, 2012 12:00pm EST
, it's apple, as dr. j alluded to. china seeing potential iphone sales of 40 million units for 2012 in china, and dr. j, you're seeing some unusual activity there. >> yeah, just in the first hour and a half today, judge, trade ld 100,000 calls. that's after earnings. so that's pretty surprising to see that kind of impetus to the up side, in other words, a lot of funds listening to what morgan stanley said in their buying upside calls, and individual investors doing the same thing, because the reason these options exchangers, like the one behind me, the reason they're rocking is that individual investors can't really buy a $400 stock, or at least can't buy many shares of it, but virtually everyone can buy 5, 10, 15 option contracts, and if they spread them, they can put a miniscule amount of money to chase these hot names. >> pete, not to get too crazy -- >> i went into the options on apple. >> you did. >> yeah, i've had the stock for a while. the paper told me very early it was trading near -- i think it was 444 or something like that. next thing you know, it traded at 448, the opti
CNBC
Sep 19, 2012 12:00pm EDT
all of these things and china and we priced into the best of our ability europe and we priced in so many of these different issues but the only thing that we haven't priced in is the fiscal cliff because turning out people don't seem to be that nervous about it, but if you really look at the numbers and i think they will in the next couple of months, it starts to get a little bit scary. i don't know you would get to afwreemt. >> you're not going to get one before the election. aren't we poised for a pullback? >> yeah. i will disagree. the market overall has not priced in all of those negative scenarios. markets trading at their highs, five year highs, hard to make the case they priced in so many bad things. it is a bifurcated market. if you take a look at the material stocks and take a look at kohl'sstocks, they're trading very, very locally valuations and deservedly so. the moment of truth as i said is earnings. last quarter we scathed through. this quarter will be much worse and we're going to see guidance come down and it is going to disappointment the street. >> you're already g
CNBC
Jan 30, 2017 12:00pm EST
earnings. china trades at seven times earnings. these economies are growing faster than ours but there's not as much faith on the part of the international community that contract low will be special. we've got a 26 cape ratio in the u.s. that's on ten years earnings. 21.8 on trailing 12 months. i don't know that that's a guarantee that we get to keep that. if investor confidence in the rule of law is shaken. and that's something we haven't had to worry about for a few years but maybe that's a tlu new risk that is underpriced with a vix of 12. >> investor confidence in the rule of law down 8% i think we will be okay. >> i said it could be shaken. >> go back six years. i don't mean to be in your face on this. >> don't worry. you'll lose. >> gm and ford, debt holders were wiped out. we were saying the same thing then. i don't know if it was seven years or six years ago, basically the president came in and said the debt contracts we have, totally a do gating them, moving into a new regime. what happened after that, six or seven years of the markets rallying. i'm worried as well, jos
CNBC
Sep 2, 2014 12:00pm EDT
. whether a slowdown in europe, china, other places. not saying it's a slam dunk. look how uncorrelating the gdp around the world. the deck stack and the coverage on it. where costs are being put in place and we're five years into an expansion. longest on record is about ten years. so just, if we got to that longest one we'd be right around that 2020 number we talk and in the note today. >> adam, josh brown. i thought your note was good, and that rate of return between now and 2020, actually is pretty reasonable by historical norms. even though the number 3000 might catch people's attention if they do the math. not a crazy call. here's my question for you, though. because you wrote this in conjunction with an economist. assuming the economy gets better, that means a rise in wages. or at least historically it has. >> and rates. >> and that rise in wages is not going to probably allow for profit margins in the s&p 500, for example, to remain where they are. will investors be able to look past a stagnation or a decline in profit margins so long as the revenue line is going up? and the econo
CNBC
Aug 27, 2014 12:00pm EDT
region particularly in china and australia saying that offset expected declines in japan where consumption tax hike pulled sales forward into q-1. keep an eye on europe. sales much sovieter than the company expected especially the uk with same store comps down 8%. leadership expecting that trend to continue. one reason, european tourives buying jewelry here in the u.s. taking advantage of the dollar's weakness versus the euro and pound. what folks are actually buying, colored diamonds are hot. yellow gold jewelry popular. silver not so much. atlas collection popular and overall high-end products offsetting weakness in the lower end especially here in the americas. back to you, scott. >> morgan, thanks. >>> tiffany up more than 20% over the past year, more room to jun debate it. josh is the bull, murph's the bear. buck 30 on the clock. josh, make your case here i. >> can't find anything negative about this stock. beat them five of the last six quarters. same-store sales, up 8% in america. this is not just about expanding over seas. although they're doing a fantastic job of that
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
Jul 31, 2017 12:00pm EDT
advertising spending outside of china. an i'm an optimist and that that's they get to 93%. and your terminal growth rates it's not realist toic to assume that they could tap into the marketing budget it's really not a 5 or $600 billion global market. it's trillions there's marketing out there. no even amazon has a hard time getting marketing budgets to play nice with advertising budgets and they're the only ones in a good position to do it facebook is not. >> you're looking for a $30 move in the stock where's your price target? >> well, it's 140. to be clear i'm not saying the stock is going to move today or tomorrow i'm saying this is what i think it's worth so when i have a $940 price target on google would i rather be exposed to google rather than facebook absolutely. >> it's josh brown over the last 140 point rally in facebook over the last 4.5 years every single downgrade, pretty much yours included has been something to the effect of there aren't any execution problems the company is doing great but investors aren't anticipating the risk and paying for it why do you think it's differen
CNBC
Aug 17, 2016 12:00pm EDT
company raised guidance and the best news is they are going into china in the fourth quarter and they are no longer a one-child policy and they could have more than one child an that is explosive growth potentially and they are online presence is growing very, very nicely. >> okay. got some unusual activity in the mosquito trade. that trade does exist. and guess who found it? the najarians. and we'll talk about it next. sewer because a company made a mistake. >> real money. >> we are short both tesla and solarcity. >> real debates. >> people think it's globalization that's hurt businesses, it's not, technology has hurt businesses. >> i don't want to go back to ang steve liesman marketplace. >> the most profitable hour of the day. >> all i get to do is tweet about the show. this is like the greatest moment of my life. weekdays at noon eastern. >>> welcome back to "halftime report." i'm jackie deangelis with the futures now traders talking a little bit of oil today, gentlemen. slightly lower today after we heard from the department of energy that weekly production rose by the largest increa
CNBC
Jun 28, 2013 12:00pm EDT
. china has been the biggest importer really next to the u.s. of crude. they are slowing massively. i would expect crude to back up into the 80s. >> you probably would have made that statement for some time now, right? are you surprised that crude has held up relative to the other commodities that have gotten hammered? >> absolutely. i am surprised. i believe it will change, particularly the dollar is going to abet the change of the price going lower. >> judge, also the xlf since you went to financials, xlf, we talked about the huge selling of puts in the xlf right at the tail end of last week when the blood was in the streets. this is a warren buffett type trade. because as he always says, you buy them when there's blood in the streets and you sell them when there's euphoria. there was no euphoria last week. everybody was saying financials are done, it's going to be 3% in the next three weeks. it's not going to be 3%. i think we've hit a top here. grimlo gundlach said so, i think he's right. >> let's talk about another sector that's been beaten up and battered, emerging markets. mike
CNBC
Apr 14, 2015 12:00pm EDT
china. she's in the midst of a five-day visit to china. the saudi-led coalition is continuing airstrikes against rebels and their allies in yemen. targeted a sports stadium in aden, claiming the rebels are using schools and stadiums to store military equipment. yemen's al qaeda branch says its top cleric who had a $5 million bounty on his head was killed two days ago in a drone attack. >>> north korea releasing rare photos of kim jungen and his wife watching a soccer game. it's the first time the first lady has been seen in public since december of 2014. russia also says that kim will attend celebrations in moscow marking the 70th anniversary of the end of world war ii. >>> and on a lighter note, after a man's dog went missing last week in croatia, he offered a porsche to whom ever found his dog. a man and his son did find the dog, but they wouldn't accept the porsche as a reward. the man found out that the good samaritan was out of a job and helped him raise money. nice note to end on. >> sue, thank you so much. >>> right to the oil market we go. retail investors appear to be
CNBC
Jun 30, 2016 12:00pm EDT
lead to headlines anymore. i think we're going to look at china pmi and next week's unemployment report and estimates looking for a gain and then there's earnings but i don't think that removers the environment of uncertainty. i think that remains in place. you have two conventions coming here impacting the presidential election. i think there's going to be a lot of con tajen surrounding that. i think we're dealing with a sideways market. i think you want to go back to the play book from the beginning of the year and look at some of the things that were worried about at the beginning of the year that healed itself. >> we're going to enter the earning season and get conference calls. i am sure that we'll hear brexit as uncertainty, political uncertainty here in the united states. what are you anticipating in terms of moves in the market as we enter the second half. >> i think the brexit only heightens the down side for the mack row environment. we clearly have a global scare, a weakness in global growth, we have a market pinned to earnings. the central bank policy has been pressed
CNBC
Mar 18, 2013 12:00pm EDT
america. contagion is not an issue. the key issue is china. we look at europe and china is in much worse condition. we're not seeing the new regime coming out and put growth policies there. it's estimated by moody's 60% of their bank debt is bad. 400 in steel alone don't make any money. i think commodities remain under pressure and stay in the u.s. financials are a great place to be. >> housing, commercial construction. i would say china, that market is one of the very few markets down year-to-date so i think a lot of bad news is already priced into that market. >> let's look at the flash test. josh. >> jc penney surging higher today. analysts out with a note saying while the retailer seems to be headed towards serious financial and liquidity issues, investors could be overlooking an intriguing option here, specifically the option to isolate its top 300 locations and transform them into a low risk highly profitable reit-like entity. this could drastically change the way the market values jc penney. the stock up 10% right now. >> marshall. >> i think jc penney was looking for a reason to
CNBC
Apr 17, 2012 12:00pm EDT
earnings be enough to pass the market in troubled europe? >>> china rising. find out why flat rock says china will con found the doomsayers. >>> find out what the play sat the top of the hour. i'll see you then. now back to michelle and "fast half." >>> apple above $600, 602. higher by $22. aren't you glad, pete, you bought it yesterday? >> yes. very lucky. although this morning i didn't feel very lucky when it was trading at closer to 570 but i do like the move. the stock volume is on fire. already a full day's volume completed trade, and if i look at the options, they're on fire as well. people expecting this bump to continue. >> you got in at 589 to 602. whether you getting out? >> i'm wanot getting out. you brought up intuit earlier. i believe in this. >> time for "money in motion." the euro rallying after better than expected bonds. thursday's long-term bond carries a lot more weight. let's bring in andy to make dollars and cents of it. forget today's auction. why is it bigger and better? >> i think it makes risks for spain. the maturity shows that's where the volatility is, really
CNBC
Sep 5, 2017 12:00pm EDT
off trade with countries that are doing business with north korea, ie, china. the prospects of the agenda going nowhere. and, you know, whatever side of the daca debate you're on, from a -- from the standpoint of, it does -- it certainly picks another fight, it seems, with a large swath of corporate america, which the president was cozy with for most of his months in office, to this date. all of those are larger picture issues, than just a day-trading perspective. and that's the point that i'm trying to make >> i would agree with you. the problem is, the macro is kind of overtaking the near term, the shorter term and that's because, corporations, companies, are in their quiet period, right? and by the way, they're probably not even buying that much stock at this point, because they're getting close to that quiet period so you have to wait until earnings come out to hear what they have to say so i'm not saying -- >> that's sort of my point there, is all of that in front of you, as i put it earlier, an air pocket, potentially until earnings >> and the -- >> until you get some more fu
CNBC
May 12, 2017 12:00pm EDT
lot of parts of the world where china now is stimulating, but there's more to do. europe has been in a depression for eight years and we're starting to see them come out and there are port parts of america which have been underinvesting in their businesses because there's been so much uncertainty around too much regulation. to your question, which i'll get to, which is and maybe this a good segway, which is the small mid cap companies is where the growth comes from. business formation in the u.s. is down 30%. 30% new business formation. >> regulation, right? >> it's part of it and also, access to capital. the crisis has really benefitted large cap companies. small mid cap companies have been left behind, but if you can change, that's where it will come from. zpl how to you change when loan roll is rolling over! it's a big wild card. wup of the risks in our call is that loan growth has now picked up. we think loan growth is going to come as there's more certainty around policy. just knowing what it is, people can move forward, but the intentions are there. the animal spirits we saw po
CNBC
Dec 10, 2013 12:00pm EST
western canada. china is now the biggest importer of crude, and that also plays into canadian national in terms of their ability to ship crude to the western ports in canada. >> just a real quick question on canadian national. the stock's had this huge runoff september, from 48 to where it is now, in the mid-50s. trading at 15 times next year. you think they can actually expand that number, you think the top line will grow a lot for 2014? >> you know, we're very long-term oriented trying to look out three to five years, and you're right, on a current basis, it's not particularly cheap. but the stock recently split two for one and they announced the significant buyback, also. we think they're perfectly capable of earning 5.50, $6 a share, over the next five, six years, which i think is a three, four yards and a cloud of dust, where in five years, you'll look back, and say, wow, this stock has given me a compounded annual return in the low double digits which we think will outperform the market. >> jay, great do have you on the show. >> great, good to see you again. >> happy, he
CNBC
Dec 22, 2016 12:00pm EST
the cusp of 20,000. i wonder if there's anything you worry about with china. he has take an a hard line stan with china, wrote a book "death by china." considering the rhetoric the president-elect himself has said during the campaign and perhaps after. >> well, that's a big question. do you want to answer it now or take your break? >> you know what, let's do that. our advertisers appreciate you. >> yeah, okay. you can't answer that for five words. >> we'll take a quick break and come back with more on carl icahn, that answer and the markets. ♪ we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley. >>> we're back now with the billionaire investor carl icahn. carl, thank you for taking the quick break. do you want to answer that question now about how investors should be thinking about that very topic? >> well, look, you
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
Aug 9, 2012 12:00pm EDT
weakening in china and weakening in europe. our u.s. exports are holding up despite this, or is that come off about to happen in the coming months? finally look at gdp. we went up at 830 with the trade data to up above 2% on the revision and then the wholesale trade data came out and we're down to 1.5%. we're right back where we started but a little bit of economic news. either the markets smelled this, scott, but it was trading on incremental. >> the market is in striking distance of this four and a half year closing high. that's the dow. it believes bernanke has its back. >> sure about that? >> i think it's more so than the economy is improving. >> what explaining the rally friday? the rally friday to my mind on a 163 number seemed to back off the chance for fed qe. maybe it's the temper put, which is if things are bad, the fed has my back and if things are good the fed doesn't do it. that may be the reason the market rallied. i maintained from day one that the market wants better economic news more than it does a fed life. >> you know what it is? more than anything else it's the m
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 20, 2016 12:00pm EDT
states is actually being gobbled up by china with production coming out of china that's less. so, certainly, we're seeing some demand pictured globally now taking place in oil. that's why we've seen a trade above this $50 mark, but a little profit taking. we've seen it trade below 50 ppt.5 twice in october. there's a picture in tact we trade up into the mid 50s eventually. >> what's your take an what are the levels to watch? >> 52 it seeps like it's had trouble there several different times dating back to mid june, really. i think t going to jekted there as it has today i think about 9 49, 30 is my level on the downside. if it settles above 52.5, call it just to be safe, then the next big move higher is coming, but i don't think it's now. >> for more, head to futuresnow. 1:00 p.m., we've got the live show where we're talking to jack calfry. he's going to give us the whole case on stocks. lizzie will tell us why oil is going higher from here. you don't want to miss it, but stick are halftime. wak after the break. esll the opa you need in one place and lets you visualize that infor
CNBC
Oct 17, 2014 12:00pm EDT
germany and the rest of europe as well as china. >> when does it become time, job josh, to focus on the positives? falling oil prices, gas prices going down. consumer sentiment pretty good. underlying economy pretty good. earnings pretty good. rather than the noise that gripped the market and really accentuated the fear earlier. >> granted it is a positive that gras lean prices are down. there is nothing negative you can say about that and other positive is earnings have historically been the thing that stabilized us with these kind of growth scares. corporations continue to give growth scares. and the reasons underlying have not gone away. at the end of the day the euro stock is 50, which is the dow of europe is still down 22% from june highs. it is one day. a ton of technical damage here and there. and i think we need to count the damage before we know. >> with the dow up we spoke a lot yesterday about this being a very tradeable bounce. maybe not the true bottom, in where stocks may go. but if you are going to put money to work and now appears to be the time that obviously a lot of p
CNBC
Dec 12, 2012 12:00pm EST
forward on progress of fiscal issues. we will have calmed eurozone fears, revived china and an emerging world. gear u.s. recovery, which is operating on far more cylinders. housing activity. bank lending. falling unemployment rate. and finally, we would have restored a lot of debt balance sheet. that's a lot of positive force for the economy in 2013. i don't think it needs more fed involvement. >> likely to get something, though. i think we can both agree on that. what about the cliff? >> i think the cliff -- i think it's going to sound ugly and mean because that's the way you negotiate right up until the end of the year. i think we're going to get a modest tax hike, modest spending cut, and extend a lot of the existing relationships to live to fight for another day. >> jim, stick around as we kick it around with the traders. financials, that's what jim likes. >> i think the market is playing a game of three-card monty right now. you have the fed on one side, fiscal cliff in the middle, and i think earnings is actually where the coin is. that's where the prize is. i think the m
CNBC
May 30, 2012 12:00pm EDT
by mary meeker, and he just said that apple's sales in 2013 in china will be bigger than the sales in the u.s. and if that's -- that's dramatic, a shift. and she said that the mobile arpus of today will be larger than those in five years. >> that's amazing. >> the change going on here is phenomenal. >> i think what i want to get at, are you seeing a slowdown whatsoever if your customers are spending, or the desire to spend money? >> we just came off the quarter which we just reported. we delivered about 37% to 38% revenue growth on the quarter. and we also just had a phenomenal year. so we've had a great year. and we continue to see nothing but exciting things. in fact, we just raised our revenue guidance to $3 billion for the year. >> is oracle's plan to launch the oracle cloud, is that exciting for you? i say that facetiously. >> we have been doing the cloud thing for 13 years. and we have also been focused, very focused on social -- very focused on mobile. and we are very focused on all the transformational acts of the business. oracle, microsoft, everybody better get in this area
CNBC
Nov 5, 2014 12:00pm EST
still have europe and china but you have in terms of the u.s. a potential gold locks setting. goldilocks setting. i like retail as well. so there are things that you can buy and i think you can move forward. we'll watch of course for thursday although i it will be a non event when draghi speaks again. but overall it is an optimistic tone here. >> pete you like healthcare too. >> i do. part of the thing, it's two fold. the main focus forward in the first hundred days is about the u.s. corporate tax rate. 39.1%. something they are all going to try to hammer to a lower level. and who are the folks with the biggest exposure? pfizer, merck. and technology, apple and microsoft. the names on that list. and the top ten you are going to find a lot of pharma and technology names. i think those will do very well. and that is going to be great for the u.s. economy. >> joe, quickly, keystone, the majority whip was on cnbc saying this first week the bill is going to be on the president's desk. >> there are a lot of things that potentially are going to be positive for the economy. repatriat
CNBC
Oct 25, 2012 12:00pm EDT
positives that are going on here in the united states. china seems to be stabilizing in a bottoming kind of process. europe is off the front page. valuations are not extended. earnings, okay, i'll give you that, they're not great. but i think a lot of bad news is discounted in. what are you thoughts there? >> i'm not sure a lot of bad news is discounted in to be quite honest. if you look at where the multiple is from the june low to the september high, we had multiple expansion that equated to the trough to peak expansion affiliated with qe-2. we had some pretty tremendous multiple growth in that period. the result was a mult pl that was sitting a full standard deviation above its trend line. for us that's a signal to get more cautious. in terms of the other factors we agree housing is starting to improve. auto market looks stable. household spending looks stable. that's reflected in our sector allocation strategy which is highly focused on consumer segments of the market. more defensive segments of the market. more domestic sectors. i'm not sure i want to read too much into china. chine
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
Jul 19, 2012 12:00pm EDT
countries like china if corn crops are small. these are things we need to pay attention to. >> people don't realize how important the u.s. is on corn and soybeans. unbelievab unbelievable. meantime, back to hq and the "fast money halftime." >>> with four hours to go until the close, welcome to "the halftime report." looking relatively flat on the markets overall, but do bear in mind that over the last two sessions, the dow has gained 181 points. 1.4%. that's where we sit at the moment. disappointing data as far as some are concerned, but we've hung on to those gains. let's have a look at oil and gold. we will talk about oil and a projection that still we could go to $200 a barrel. for the moment we're above $90, as you can see, and gold currently trading at 1587. here's what we're following on the "halftime" show. earnings central. is tech still the best place to be as an investor? we're trading all the big reports from ebay to ibm. also, oil's big bounce. the summer swoon is over. dennis gartman weighs in on what it means for the economy and indeed your portfolio. and emerging opportunitie
CNBC
Jan 11, 2016 12:00pm EST
or china fears could lead to an even deeper pullback. pete what do you think? china dominated headlines last week. >> china dominated headlines last week. started on monday through the rest of the week. then the price of oil last week as well. the complete plummeting each and every day seemed to get a little bit lower. watching it again today. copper under 2 bucks as well. there's a lot going on right now. north korea last week as well. throw that into the mix. you look at freeport. we've been talking about certain names. that one has the copper complex as well as the energy. >> they are one to watch. morgan stanley now. jimmy talking about oil going to 20 bucks. it just brings it back into focus and maybe takes china off the front page. even that market down 5% overnight. but it's that 4% move in crude that has everybody's attention right now. >> so there is a lot going on. i think we all have to ask, are we in store for something worse than we've already seen? i don't think the answer is yes. i think, you know, we can go lower from here but i think the general trend is going
CNBC
Dec 21, 2016 12:00pm EST
based on energy, and i'm not bullish on energy. a lot of them, you know, china -- i could be pretty bullish on china because the point is they're cheap. people have kind of loved to hate this -- the chinese thing, and i think that is attractive to me. i just -- it's hard for me to get my head around it when i think generally the u.s. and maybe it's a safety play. i think the u.s. earnings will be up a little more than most people have expected, and i believed it will get a little multiple expansion. it's hard for me to diverge on things i don't know things well. they have company issues, currency issues. it's hard for me to dive into that. that's my opinion. >> i appreciate your time as always. thanks for spending a good chunk of your day with us. >> what do you think of -- he is adding to financials after what's been an amazing run, and the health care. interesting spin on health care. taking on the issue of drug prices but making the argument it's a smaller piece of the overall pie than maybe the market has given that issue credit for. over the last year minimum. >> i sort of push
CNBC
Oct 14, 2015 12:00pm EDT
, and china. it's obvious that the competitive and economic issues that are going on there. as we think about and any time you give three years worth of revenue growth guidance, you'll have up and downs along the way, and we expect there to be up and downs along the way. we expect the u.s. to continue to perform well both u.s. and sam's club. we're obviously adding grocery, which is basically a whole other line of business to the u.s. business to grow that. then we don't expect the conditions to remain the same in the u.k. and china and brazil forever. we can't control those, of course, but we don't expect those to go on forever. the story is very similar to greg's, which is that the wheels are turning. we have the traffic. we're adding the assortment and the line to business, and we're starting to see customer performance and frequency and other key metrics start to improve. it's -- you know, it's any time you get a long-term guidance, it's hard, but that's -- those are the breakdown in components. >> okay. michael, next question. also, if are you asking the questions, if you can
CNBC
Mar 27, 2014 12:00pm EDT
like or dislike there. >>> then, yum is planning big changes in china and debuting a breakfast menu here in the united states. the market doesn't like it so far. and then live to san fran where a big announcement is expected from microsoft's new ceo. plus talk to top tech investor dan niles about why now might be the time to play it safe in that sector. a formers.e.c. trader. we'll get stock picks as well from the energy space. >>> welcome back. we want to show you shares of citi at the lows of the day down 6%. likely on some comments here from mike mayo again. the influential clsa banking analyst saying the cfo needs to be fired or resign following the fed smack down not letting the company return as much cash to shareholders or buy back the level of stock that they would like. i want to be clear one more time with you before we go on to the other banks. you're still supportive of korbat? >> it's still early in his tenure but if he doesn't take forceful action soon, then there will be more questions about whether he's the right person for the job. >> we did reach out to citi for th
CNBC
Feb 8, 2016 12:00pm EST
goes on. goldman, jpmorgan, citi, what stops the madness? >> the european banks. we look to china, and last week nothing but pmis and then all of a sudden went back to europe and 52-week low. one after the other. deutsche bank, look where that stock hit again. new lows again today. we had all the put buying last week. morgan stanley late last week, thursday-friday, brought to the wood shed, as well. scott, i think what's going to actually help the banks or maybe start to stop some of this slide to the down side, if something is done in europe that gives them the trigger. but until we see that, i think you've got to expect to see our banks following along with the european banks, just like oil, volatility all over the things we talk about all of the time. last week that volatility index, we almost got there under 50. >> where are we today? about 26. >> 26. we were at 1970 last week, a 50-day moving average and now up 70 again. that has not broken. the volatility en detection did push down but now take a look today at seven points higher. >> so you don't look at any of these stocks
CNBC
Apr 10, 2017 12:00pm EDT
china at 6.4 on india at 7.1, we're still in the dull drums in growth. if you're going to play that story as you just put it out. put more money internationally. because they're trading at a 20% discount now where we are in the s&p. >> i would just say there is no correlation inside of one year between gdp growth. but between gd p p growth rate and performance of a stock market, just not there. it's actually surprises in gdp in both directions that have a correlation to either bull or bear markets. that's first. second, we're talking about 10% earnings growth. largely driven by the fact that so much of the s&p is health care and tech. it may not be a big story, but it's not all animal spirits. there's growth happening at rate we haven't seen in a while. last thing is and i think this is really important, it is not outrageous for morgan stanley to say 15% is possible. if you go back and look at every single bull market to 1926 and you look at the average return and final 12 months of the bull u market, it's 26%. if you look at the median, which will affect a little bit of 1999, it's
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
May 15, 2013 12:00pm EDT
. so stay away from the commodities, iron/ore, china. >> is that the way to play it? >> i'm encouraged today. if you look today, the financials are having a good day. discretionary, also. >> financials have quietly, by the way, have had a decent year. no one's talking about it. we are today with mike mayo, but not many people are focusing on the fact that financials are up, you know, 20%, or thereabouts year to date. >> new think the recovery will steepen, the companies become much more profitable. there's the -- you can see the light at the end of the tunnel, if you will, this headwind of the net interest margin pressure for financials could start to abate. i don't think that's factored into the valuation. i'm encouraged by the rotation, financials, discretionary. i think some industrials work. i'm suffering with some of the mining stock, but i do think some of the values may go up. >> doc, you know, the market keeps climbing here, right? >> yeah. >> what started out as a lackluster day, searching for direction. noontime hits, stock market is up about 45 points or so. how d
CNBC
Mar 29, 2012 12:00pm EDT
where you need to ask yourself, okay, china is the biggest consumer. is the slowdown in china mature or close to a maturing end, or will there be some kind of pickup in the last half of the year? if that's the case, you want to look at some of these base metals, like dbe. if china is going to start kicking around and the u.s. economy gets going, that's not a bad place to be. >> as we have this conversation, let's get right to nat gas because it's been the story the last couple days. nat gas falling for a fourth straight session after a new ten-year low after a surprising jump in u.s. supplies. as the nat gas selloff continues, what's the best way to play this? i think that's the best way to handle this, guys, obviously if nat gas continues the decline that we've seen, we need to figure out what the best ways to play that are. grasso? >> what's the most obvious plays we've talked about. they've been your chemical plays, right, they've been your firt plays. but if you look at these charts, i'm hesitant to drop in at those levels. you want to stay away from the nat gas companies because
CNBC
Mar 12, 2012 12:00pm EDT
china. why the opportunity makes samsung a better buy than apple. welcome to "fast money" halftime report. lots of trade today. let's do it with vix plunging to the lowest level since july. what's it signaling here? >> you brought it up at the very top. talked about ranges we've seen. on top of that contraction we've had a steady plotting move to the upside. s&p 500 continues to push above 1350 area toward 1370. seems to be a consistent pattern that we see and watching that volatility index continue to be the leadership. we talked about it on many occasions and even sell-off days where volatility pops but that pop only lasts a couple sessions. we were talking last week. we've had three days since january 19th where we actually stayed above 20 three times. we've never done that in succession. it does tell you something about the markets right now and there is a level of comfort at least that people are reflecting right now on the vix. >> what is the average investor who is sitting at home looking at the vix listening to you explain it supposed to take from that in terms of what thei
CNBC
Oct 5, 2015 12:00pm EDT
-term gyrations. now, there is enough to be concerned about around the world. china is a very large economy. they're clearly having a slowdown somewhere between a slowdown and something that's looking more like a potential hard landing. and that does have an impact on the global economy. but, again, i come back to u.s. still the world's largest economy and a lot of positives here. >> i saw earlier this morning fitch said the chinese economy was only growing 5.5% in 2017. if that's the case, what's that going to mean? >> well, actually that could be optimistic. it is slowing down at a quick rate here. one thing i'll say from the standpoint of looking at china over many years and even decades. at some point, there was going to be slower growth there. over multiple decades. it's now the second biggest economy in the world. it had to slow down at some point. the notion that this is is up a big surprise, whether it was now or in a couple of years, they weren't going to be able to grow at 8 ps or 9% indefinitely, no economy ever has. i don't think it's 5%. if it's less than that, it does
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
Mar 16, 2016 12:00pm EDT
reasons. we have a trong dollar, the slow down in china hurting coal exports and state side we have regulations and cheap natural gas so if you look at another chart for the eia it shows that it is absolutely eclipses coal fire for the first time in an annual basis ever in 2016. >> what reverse is that? >> this is something we have been talking about now for the better part of two years. here's the reality of it. what you do is you look for who the survivors are in this. console energy is trading well and they're a survivor. another interesting dynamic of this is joy global. joy global should be down on the news given the amount of cig any can revenue that they generate from the coal industry. joy global is down today. that tells you that they maybe diversified better than they sould. >> what about the level of debt that could fall in the same issues that pea body is experiencing today. >> they're loaded with debt. that's why you're starting to see bankruptcies. one private equity guy is working with ten bankruptcies but let's look through this. peabody coal and 100% of the stock pr
CNBC
Apr 18, 2016 12:00pm EDT
effectively. stocks in brazil up 25%. china, the fastest-growing, albeit slowing, but still, of all the big economies and their stocks can't get arrested. i don't know that that's really what's going to determine whether or not we break out to a new high. >> what's going to determine if we break out to a new high is exactly what has gone on last three weeks and whether or not you believe there was a g-20 coordinated agreement behind the scenes, the u.s. dollar, that's what it's all about. the u.s. dollar, the rate of appreciation has paused. that has a direct benefit as it relates to multi-national earnings. that's positive and in the near term that's going to continue to lift -- >> are you guys saying, are you saying you should be a buyer of the banks? finally now is the time to buy the banks? >> specifically it's been bank of america. that's why i chose that name is because we were talking about which of the names do you think actually has the most upside. obviously we talked about it on the desk and we agreed last week, jpmorgan by far, best management probably out there. i think
CNBC
Feb 23, 2016 12:00pm EST
one of the strongest. is it a pure correlation between oil and and china is big trading partners so there's real fundamental justification to that correlation. the second one and that one is going to run it's course as oil prices find the stability going forward. the other one is the capex hit which is the spill over you're talking about. most of that is behind us. it's not a net positive to global growth. it was a transfer from big savers to big spenders. now it's big spenders to modest savers. why? they are spending 150% of cash flow so that would be a net negative is to transfer that wealth. that one is probably behind us. while we see the correlations very strong today we don't see it happening further out because the linkages start to fade but more importantly going back to our view, the equity market is going to have oil over the type of moves today. >> it's negative interest rates and oil and china. going back to oil and the broader markets. you look at break even inflation now and it's bracing in a decline in oil prices for the next seven years. i don't think anybody would v
CNBC
Nov 1, 2012 12:00pm EDT
better than expected. china pmis were better than expected here as home as well, consumer confidence the highest since september of 2008. industrials, material, leading the way on wall street today, which is slowly getting back to business. it seems though hardly business as usual for many market participants and steve grasso is on the floor of the nyse with an update on how it's all going. >> you know, fortunately, we have an alternate site where if we have issues, we can conduct business, but as you just stated, the marketplaces are getting back to business and unfortunately as well, the death toll still continues to rise, so we want to say aur thoughts and prayers are out there with those families who have suffered the most. >> can you give me more color on the hardships and challenges you're facing? you walk around on the floor with a hand held device, you're executing trades for very large clients. what's it like? >> you have to have work r arounds in this business. the new york stock exchange has done an excellent job, but verizon has a lot of issues, so you want to have work a
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
Search Results 0 to 49 of about 182