Skip to main content

About your Search

20090604
20170921
STATION
CNBC 1031
DATE
2012 196
2015 192
2016 192
2014 174
2013 158
2017 115
2010 4
2011 0
SPONSOR
LANGUAGE
Search Results 0 to 49 of about 1,031
CNBC
Mar 22, 2012 12:00pm EDT
he's taking advantage[# the pullbacks in thei] commodities d the china-related plays. >> and gifts to my children. >> yes. exactly. >> we hit noontime. thank you &e much for watching us collectively over the last three hours.xd "the halftime fast money report" begins right now. >>> four hours to go=/% untilt( close. busy day aross the board onfá wl street. red arrows. dow industrials down. a loss of 77ñr points. three quartersqoft( 1% is the decline for the s&p 500. nasdaqjf is in the red, as well. watching crude oil and gold ast we always do. both down, both sharply t(lower. crude oil downoff. fast five.  following rightt( now on the halftime show. china jfslowdown threat. talking to two q actually happening on the ground. hotter than apple. trading a hot tech stock that's outperforming apple and has a higher share price. still loving it. changes at the top at mcdonald's but shareholders still like the stock. gaming lion's gate. analysts downgrading the company after a 78% "hunger games" surge. pipeline fast track. oil trade on obama's keystone comments. >>> welcome to the "fa
CNBC
Dec 18, 2013 12:00pm EST
investors are keeping an eye on any news regarding an agreement between apple and china mobile. they say the talks are still ongoing. remember, china mobile is, scott, the world's biggest phone company. back over to you. >> etch though, do-- thank you much, dom. >>> let's bring in a tiger cub, having cut his teeth working for julian rockets, tiger management. glen, welcome back. good to have you on. >> good to talk to you, scott. >> the last time you were on, you said you were totally out of apple. is that still where the position stands right now? >> well, we did get back into the stock. you know, i think in the last conversation we talked about them having great products and we're looking for companies with great products. queer quite excited about the acquisition of prime sense, which puts them into the video game business, and recently, we've been talking to the leading video game talents around the world and they're focusing very hecavily on the is platform, and they're trying to make the greatest tablet game ever, and they're focused on the apple platform, and that's very exciting.
CNBC
Sep 18, 2015 12:00pm EDT
laps. okay. inflation is not going to hit their target for years. china is a substantial concern. that's clear. why they leave october on the table? what is going to be answered in the next 30 days that is going to make up the fed's mind? >> i don't think a whole lot. we're in a period of extreme fear over china, and if that work out and things calm down and the u.s. data continues to come in in pretty solid shape, we have a gdp revision coming up. we have a retail sales number coming up. we have a speech by the fed chair coming up. all of those things create the potential. when we talked about with the fed hike or not, wronk they've prepared the markets for this. now this issue comes up, and it was really my question yesterday in which she said the operative phrases, a little built of time is what they think they need for the data, the economic developments overseas, and the market volatility to work its way through the system. >> paul richards with us, as i mentioned. paul, you were looking for a rate hike. you know, we're certain it was going to happen. now that it hasn't, wha
CNBC
Nov 21, 2014 12:00pm EST
china with a surprise rate cut. and ecb's draghi marking more aggressive measures and continuing the biggest five week rally since 2009. michelle caruso cabrera is here. >> let's go to major head lines. a big surprise about 5:30 east coast time. the central bank of china announced it had cut interest rates and that helped lift markets and also after draghi came out and make the most dovish speech of his life yet promising to act as quickly as possible. and then the ecb did do some qe-lite. began the process of buying back some securities. and maybe moving on to government bonds later down the road. look at the markets this morning. any kodoubt that markets lovely central bank easing, there you go right there. we had, 2, 3% moves across the board. the mib higher by more than 3%. and euro 1.2388. and to the right of the screen you can see the big decline. oil moved higher initially. and this is an all time low for the italian ten year. and commodities also mooufld higher in the wake of the china announcement. and brent now not as high as it was. it was above 80. the move to the right i
CNBC
Aug 29, 2012 12:00pm EDT
major story taking shape today. one that very few people are talking about. china. the shanghai index, 2009 low. 20% down as of today over the last year. could china wipe out all domestic concerns, force the u.s. into a bear market as well? we're posing that question to our traders. brian, how are you trading the china worries? >> the easiest way is via australia, short the australian dollar or ewa. you can short the index. if you look at australia, they're so exposed to that commodities super cycle coming out of china, that once that stops, which it appears that it is, they have got some oversized banks there, their top four banks are five times the size of the u.s. banks, so you really got to be concerned with that. there was a report from the state researcher in china today that any stimulus that they're going to do, one on the local level will probably just be window dressing. it will be symbolic more than anything else. and secondly, that there probably won't be any large scale stimulus. >> the political transition that right now is scheduled to happen in october, a very bi
CNBC
Jan 18, 2013 12:00pm EST
. china fights back after seven straight quarters of slowing growth its economy shows signs of strength. john rutledge on the stocks you should be buying right now. the rematch. not satisfied after their big debate on intel dr. j. and joe are back to battle it out again. what really is the best play right now? but first our top story the next leg for stocks, will it be up or down? the dow has been up as i said six of the past seven days but with a huge week of earnings ahead can the run continue? we're trading today's market action with pete and john. pete, up or down? where is the market going? >> you know, obviously the easy answer would be we've had this huge run. i think we'll see a pullback now. i don't think that is the case. when you look at what the earnings have given so far, look at the financials holding up still above the 17 level on the xlf i'm looking at next week as a huge week of earnings. obviously plenty of names out there that are going to be very important to the next leg higher. so now we've got to get that next leg higher. looking at the volatility index it gives m
CNBC
Jan 23, 2014 12:00pm EST
, tesla is a story of the auto sector getting attention today. tesla's model s will be sold in china for $121,000. tesla will sell the first model s in china starting in march or in april. they're still working out a few things. that's the expectation. they're already some being shipped over to china. guys, do not underestimate the importance of the chinese market for tesla. it is the number one market for luxury vehicles. it is going to be a huge market for electric vehicles. that combined is why a lot of people are excited about china when it comes to tesla. >> how is the price tag sound to you, phil? why is the stock down today? >> listen, i don't think the stock is down based on this. i think the price, 11,000, it's a steal over in china. they could probably charge more more than that and do well over there. $121,000 is going to sell very well in china. i would be surprised if they do not see strong sales. >> i was thinking maybe it was high. you know better than me. >> no. i mean, this is how it breaks down. $81,000, basically the same as u.s. you are going to pay more because the v
CNBC
Apr 25, 2012 12:00pm EDT
do you feel today. >> not at all. i think if you had read the downgrade we said specifically china was going to deliver a strong quarter which it did. why we downgraded have to do with what operators are doing as far as upgrade rates and how it will impact them forward and subsequent to the down grade you saw that theme play out at verizon, at at&t and sprint had an upgrade rate that was lower than expected for the company. so the same issues take place. i mean like i said we certainly expected china to deliver the strong quarter. there was some incremental upside. part of it was an addition of a 2.6 million phones into the channel. that certainly helped deliver a 35 million iphone number versus 343 million for the quarter. >> a couple places to go. china first. your note today, it appears china will cool from the initial surge. want to give you a comment from apple from the call yesterday in which the company says, this is from peter oppenheimer. we continue to see tremendous momentum in greater china where iphone sales were five times the level of the year-ago quarter. the bottom
CNBC
Dec 17, 2012 12:00pm EST
. debate it, caterpillar has underperformed the market this year but with china looking up is the stock set for a surge? the "halftime" rumble is ahead. first our top story, biting into apple. citi downgrades the stock less than one month after calling it a buy. what does the firm's team of analysts see now? where will the stock head for header? traders are stephanie link, joe terranova, steve weiss and josh brown. you surprised at this downgrade? what does it mean for the stock which went under $500 a share today previously in the premarket? >> this is 20 days after initiating coverage of the buy. i guess i don't know which of the three of them was the most vociferous about downgrading because now it's three guys making the call. playbook one of them holds a little bit more sway. personally i really don't care. i don't think it's optionable, the initiation at the price it was at and now the call today. the way we're looking at apple, it's an oversold name. things that are not intonal to the business that are causing it. the stock looks like it could probably shrug off the latest downgr
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
Jun 7, 2012 12:00pm EDT
given the concerns we see in china and obviously the great concerns that we have about what's happening in europe? >> a lot of people were a heck of a lot smart esh than me said things like the time to buy is when the cannons are shooting in the streets and metaphors like that. you never are going to have a perfect in which to invest, but you should be putting at least some of your investable dollars in the equity markets at this point in time and the fixed income markets have had a 30-year run. there are a lot of great companies available at rational prices in the equity markets and you need to consider that for the long-term investment policy. it is one thing you need to be committed to and it is hard to commit when the times are the best to invest and i think you really need to think seriously about putting money to work in the equity markets now. >> if you see a bubble in the fixed until market and this will be my last question, when does it burst? >> i don't know when it bursts. i don't have any kind of magic calendar. i would assume we're certainly within shouting distan
CNBC
Aug 18, 2015 12:00pm EDT
going on in china. at the same time jim cramer talked about it as well on the mad dash. he was saying don't fight china, i agree with him there when you look at this company. they have been punished and probably enough. i think on the next couple of dips down. you get towards the low 50s, think this going to be an incredible buy. >> i it's down 40%. think you should sell it josh brown, sprint. >> this new business model, no more two-year contracts. >> maybe it works. sprint is doing some pretty out there stuff. but i don't think they have a choice. they have to. they have to stand out. they have to get aggressive. they have a ceo who is willing to do that. i don't know that i would bet against it as far as the stock itself. wait until this thing breaks above 550 as your signal that something may have changed. until then the market is not giving them a benefit of the doubt. >> let's give the money to charity and just get it on. come on. >> great wild hair, let's get in the ring. >>> chesapeake, joe? >> yeah. oil bounced from 41.50 to 42. that's not a trade you want to make right now. t
CNBC
Jul 10, 2013 12:00pm EDT
trying to rise a fifth day in a row. stunning new data out of china paints a dismal picture for that country's growth and feel the beat down by emerging markets and our question to the traders is this. how long can the u.s. outperform and keep the rally going when the rest of the world is falling apart? we are trading the action today. pete, that question goes to you. how long can this rally last? >> well, as long as mr. bernanke stays behind us, i think he can last quite a bit longer. yes, those china numbers were definitely something concerning. take a look at the reaction from china. len then look at the reaction we have here. when you look at the volatility index, we remain under that 200-day moving average. we broke underneath there last friday. low volumes when you look at friday and monday. it's back again today. tells me that folks believe in this breakdown of the volatility index. people are not asner vous as you'd expect. the financials a little of a pullback today. yesterday's reaction, that reversal out of goldman sachs, moving to the upside, i think there is more to come
CNBC
Sep 23, 2015 12:00pm EDT
shaking off today's weak manufacturing data out of china. this as china's president xi jinping kicks off a high profile meeting with business leaders like warren buffett and amazon's jeff bazos. michelle caruso cabrera is live with more. >> hey there, brian. we expect that meeting is starting right about now. it was organized by hank paulson, former treasury secretary to bring together xi jinping with a lot of those ceos. we got in will to set up camera and equipment, and we were able to take this photo to show you some of the seating arrangements general motors ceo mary barra will be there. warren buffett will be there in. tim cook. the list as much longer than that. we're going to be able to find out what xi swrin ping told them, and we'll you that later in the day. meantime, we've already heard from the chinese president. he made a speech last night in a very big dinner with -- he mentioned the stock market, which, of course, halftime report has been so focused on what's been happening there. xi jinping defended the government's interventions and efforts to prop up the stock market. t
CNBC
Jan 8, 2016 12:00pm EST
jobs report and maybe some stabilization in china if you want to call it that? >> so the s&p's off 9 1/2% from its all-time high. the russell, though, is down 19. which is something we've pointed to very frequently. and i think it's pretty obvious that at this point we're in a down trend. the worst thing that could have happened this morning was a big gap up and that's exactly what happened, and that's why it failed. i think the most important thing for investors to understand is that the big up moves, the big one-day rallies, they all occur in down trends, they all occur in bear markets. 22 of the 25 best days for the dow jones of all time took place when the market was below its 200-day. so the worst thing you could be doing right now as an investor is looking at one day's action up or down and saying it's over, that's it, new trend in force. no. the prevailing trend is lower. it's not the end of the world. we've had years of gains. if we have to get into the middle of this year and see selling on every rally, people should understand that there's no rush and they can take their
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
Jun 25, 2013 12:00pm EDT
china plays. the one thing that keeps me up at night is this china credit situation. i know they've come in and jaw boned the markets into a little bit of a state of calm here last night, but i don't believe that we've seen the last of the china credit mess. >> so you're advocating discretionary, financials, health care, positive on the market, you see 1700 target by the end of 2013, yet you say china is keeping you up at night. i mean, what if china starts giving you nightmares? china starts ruining our market? >> i think for 2013 china's not going to kill you. you know, the economists have already started to cut. i think we're going to hold in the 7% to 8% range this year. the concern is further out. i think it's a slow bleed, but i don't think people should think that this flare-up in the interbank market this week is the last you will hear of the argument. i think there's a good chance that jim's bear case really comes good next year. you know, it's not a free market over there. it's not a la say falaissez-fai market. i think people need to do their homework. it's not necessaril
CNBC
Aug 11, 2015 12:00pm EDT
. is it a sign that the economy there is worse than investors thought. with exposure to china, apple included getting hit and hit hard today. we're going to discuss all of it what it means to your money with your panel of experts. steph, joe and pete on it with us on the desk. and also joined by the group terry duffy. independent macro strategist paul richards is with us as well. joe, investors seem to be taking ace as exactly as i said in the intro here, that china is much worse than people thought. >> i'm surprised by it. i was talking with paul before the show started. you think back three years ago, if you mentioned the word reflation, you brought every asset around. that's exactly what the chinese are doing right now. they're going out there regre replating. it's a game of hot potato. passing it around. the chinese are getting aggressive and trying to exploit their deflation over the mainland. >> the problem, paul, from investors that i speak with, they looking for more than just this move. that this doesn't go nearly far enough. it needs to be accompanied by some sort of fiscal
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
Oct 20, 2015 12:00pm EDT
, europe, and china most recently. so what that's happened is you have been able to bail out really bad investment wrdz because the market goes up. when the market goes up, everything goes up. even if it's under performing, it makes you feel pretty good. you get into this habit of, oh, well, it's cheap. had he missed 10 out of 11 quarters on the top line. a 9 pe. it's got to be interesting. and that only works with markets are going up. the problem is when markets are where they are today and if you think about the global economy, you know, brazil and russia wra are in a recession. japan, europe, barely -- japan is barely positive gdp growth. the u.s. is really the strongest engine there. bhaets easy to forget is like with an ibm, 55% of their revenues are outside the u.s. you are finding a big headwind, and for the s&p 30% of theirs is outside the u.s. as you have seen with ibm, yes, expectations were low, but the stock is still getting hit because the fundamental on our good. >> how long have you been short? >> i can't remember. you have me on the show a lot. i don't think i have
CNBC
Mar 21, 2012 12:00pm EDT
fedex is highly sensitive to this line item and some of the macro data points out of domestic china have been weak. secondly, the impact of fuel on the quarter. now, over time, fuel for fedex like other transports, is a pass-through. there is a timing difference of six weeks between when fuel prices go up and when fedex recaptures that in the surcharge revenue. there is a second more subtle impact, though, and that's the risk to demand construction to overnight express volumes when prices go up and surcharge goes up as well. and i think the third time that comes up tomorrow, people are focused on any data points around fedex's view on the merger monday morning. >> that's where i wanted to go next. what do you think fedex's response -- and i'm not talking about the response on the conference call. >> i don't think you're going to see a competing bid. this has been in the pipeline for quite some time. i actually posed this question to the company about a year ago and asked if t and t shares were to drop significantly following the spinoff, why wouldn't you bid on this asset? and i thi
CNBC
Oct 11, 2016 12:00pm EDT
day is coming up next. plus, a desk favorite. yum brands meeting with investors ahead of its china spinoff. with the stock on a tear this year, do you stick with it, or do you take some profits? saw the dow. down 160. halftime report back after this. ♪ with sleep number, you choose the exact firmness and comfort you want - and so does your partner. amazing sleep for all. it's the final days of the columbus day sale, with the queen c4 mattress set now only $1399.98. learn more at sleepnumber.com remember here at ally, nothing stops us from doing right by our customers. who's with me? i'm in. i'm in. i'm in. i'm in. ♪ ♪ one, two, - wait, wait. wait - where's tina? doing the hand thing? yep! we are all in for our customers. ally. do it right. when a moment turns romantic, why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for se
CNBC
Dec 14, 2012 12:00pm EST
as the 4 s in china. let's get to the fast money halftime back at hq. >>> and, thanks very much. welcome to the halftime report. four hours to go until the close. here is where we stand on this friday on wall street, read arrows across the board the dow down 17. s&p, nasdaq negative as well. here is what we're following on halftime. face lift, facebook shares up 40% in the past two months and one of goldman's newest partners tells you where it is going next. debate it. walmart shares down 4% this week. taking a bit of luster out of what's been a good year for the stock. now two traders square off on whether the retailer is ready for another run. first our top story, apple's freefall. shares sinking to their lowest level in nine months today after ubs cut its estimates and price target. the man who slashed the stock in just a moment. but first our traders for the hour are josh brown, pete najarian, simon baker and j.j. pete, apple not far from the november low of 505. >> right. it's catching up very, very rapidly right now. it's been something where i know we've been talking abou
CNBC
Oct 12, 2012 12:00pm EDT
. you have big worries about what's taking place in the economies of china and europe, and then you have the fiscal cliff here at home, right? >> markets and economies are not well aligned, as you know, and as the estimates have been cut $100 or more was never reflected in the stock market. so what you've seen is a lessening of negative revisions that second derivative, the rate of change in the change and that's what really drove the market in q1 and what's driven it since june 1. >> how much does the election and the result that would deem to be more favorable for the markets? how does that factor in to this discussion of where the markets are going to go? are you betting on a romney win and that's why you have 1600? >> actually the fed's policies, a fired bernanke platform would be negative for the market. we need large deficits to support profits until the private sector starts to contribute a little bit more on the investment side particularly housing. so in effect, we're in a transition politically, the europeans are making some decisions on spain, and greece and in china they
CNBC
Aug 4, 2015 12:00pm EDT
tired, there's news that's been unsettling investors from earnings that aren't that great. china, the economy slowing down, the stock market crashing and unsettling people. there's still the economic situation in europe. i could probably find a few hours. why should i ignore all of that noise? >> first of all because it's noise. one of the things we do we every day save the major news story, we save transcripts, magazine covers the we go back to 1962. every year we put together a book. ky show you stories from 2009, 2010, 2014 -- they're all the sail. the story in the "wall street journal" on may 11th, 2009. bull market is now two months old. but by many measures, no longer are stocks cheap, all right? in mid july 2009, the lead story in one of the financial magazines was -- buy bonds. they're easing money has been made and the market is now overvalued, we've heard it for six years. >> stocks are not cheap now. 18 times earnings,ie yes i know you're going to say but interest rates are where they are interest rates are low, not going to be low forever. >> an interesting thing about mul
CNBC
May 14, 2015 12:00pm EDT
subscribers. although i don't know. i've been friends with ann and traveled through china with her. we pay an annual subscription like the rest of her clients. >> are you connected at all with mythra, which put out a report may 12th. the jay capital report came out on may 13th. the mythra, the blog and the letter came out on may 12. >> i spoke to mr. mythra, who didn't tell me his name. he said call me mythra, yesterday. i sent him an email through his website and said call me, i would love to discuss your report with him. he's a fascinating guy. i think he's a professor. >> you're not connected, though? >> no. i don't even know who he is. >> for this jay capital report. you subscribe to it you did not pay for this report specifically. did you know when it was going to come out? >> no. >> did you change your position ahead of its release? >> i actually forwarded ann the mythra report because i knew she had been working on this. because it's been something she had initiated on a year ago. her first discovery a year ago, is what got us short the stock. she discovered they had seven physi
CNBC
Sep 22, 2015 12:00pm EDT
absolutely go right after china directly in the crosshairs, then you look at what's going on in the markets right now. we've watched oil suddenly start to slip a bit. we look at the commodities trade slipping even more. you look at u.s. steel. >> the minors. >> oh, my goodness. >> freeport, rio, absolutely getting crushed. >> absolutely getting crushed. a lot of these very big names, global names, and we're seeing the decimation, and these miners, obviously the caterpillar not really all that excited about what's going on globally either. because of all of that, obviously there's pressure on. i would say this, volatility is at 23. that's not some outrageous level. remember, we were at 30 at the beginning of september. we hit 20 yesterday. here we are at 23 today. we are not off the charts in terms of the vix. >> i'm watching the tacticals because there is a last layer of support before you make that run towards the october lows, and i think pete and josh are correct. more than likely we're going hit that. before you get there, remember, in early september 1901 on september 1st is th
CNBC
Jun 17, 2016 12:00pm EDT
, some kids in a basement? you watch too many movies. who? a small business in china. a business? they work nine to five. they take lunch hours. like a job? like a job. we tracked them. how did we do that? we have some new guys defending our network. new guys? well, they're not that new. they've been defending things for a long time. [ digital typewriting ] it's not just security. it's defense. bae systems. >>> back on the "halftime report," and what a day for the shares of apple trading on the heavy volume on the reports that the company was forced to stop selling the 6.0 and the 6.0 plus in beijing, and that is quickly shot down with josh lipton who has more. wild story this morning and reaction, josh. >> well, scott, china halts apple iphone 6.0 sales is the headline that got the investors nervous this morning, and then apple clarifying what this news means telling me that iphone 6 and 6 plus as well as iphone 6s and 6s plus, and iphone se models are available for sale today in china. we appealed an administrative order from an original patent tribunal in beijing last month, and as
CNBC
Apr 8, 2015 12:00pm EDT
has been, continues to be, and you and i talked about this, china mobile. look at chl. why is that? apple is losing in certain parts of the world. not in china. their market share is staggering there. continues to grow. china mobile still not high. i think this name goes higher. >> good day to have -- there's china mobile to your point up 7.25%. >> there you go. giddy up. >> right. >> let's bring in btig's walter piesick, not his downgrade, he has a buy on the stock, $150 price target but you want to weigh in on what we're talking about here related to apple. >> well, i think you guys mentioned currency being an issue but currency was something that has been known about for some time. that's not a surprise to anybody. in fact, apple on their own conference call talked about the headwinds of currency how it would have a 5 percentage point impact on revenue growth. so that's really not breaking any new information. frankly, the fact that asp for phones being down in the march quarter sequentially not new information. they've been down in the march quarter every year other than i thin
CNBC
Mar 15, 2012 12:00pm EDT
. is the acquisition too expensive to make sense. >>> china hard landing. sit already a reality? >> da >>> daring to short apple. >>> and blankfein versus dimon. who is winning? >>> welcome to fast money halftime report. treasuries look like they're breaking down. china is on the skids. questions linger about how europe will lay out. a perfect day to welcome john taylor. he has more than 40 years of experience in the foreign exchange markets. let's get thoughts from you, broadly. welcome to the show. great to have you. on the environment we're currently in. what we have seen lately on the dollar and coming on the heels of the agreement in greece. >> an awful lot has gone on. and in many way, nothing has chan changed. we're still in kind of the same spot we're in. europe is looking weak. the united states is looking stronger. we're worried about china. >> let me get your take on the short dollar. it's been a painful month. where do you see this playing out? how long will be on this trend, if it is a trend, where the dollar continues to rise? >> i'm short. only for say the next mo
CNBC
Jul 28, 2016 12:00pm EDT
auto maker's shares getting wrecked today on weaker sales in china and a sobering of outlook for business this this country. it calls into question what's been a pillar of strength for the market and it has us wondering if stocks are at risk if sales have peaked. it's great to have you with us today. john, how about this story, ford getting destroyed today. do we need to be more concerned beyond the auto sector. >> well, judge, i'm not a big fan. i like their products but i'm not a big fan of ford, i haven't been a fan of any of the auto companies in this country. in fact a much better buy would have been volkswagen even though they have the rigging of emissions. >> don't you look at this story and say if the consumer has been a pillar of strength at least in certain areas like ouautos and housing don't you say i need to be worried about this overall market steve. >> to your point home building, so home building and autos generally are the two biggest towels in terms of the consumer recovery, however this time's different because of low rates and incredible financing opportunitie
CNBC
Jun 29, 2012 12:00pm EDT
report. game changer in europe. will the latest work. from europe to china, a top strategist joins us to set the record straight when it comes to the people's republic. >>> plus, an all-around strategy for the rest of 2012. we will countdown the best and worst stocks of the quarter and tell you where your best opportunities are from now until december. welcome to the halftime show, there is lots to trade today, as there always is. let's go find out what traders think with b these big developments today. today, anthony, among the guyes with me, on the guedesk. he is author of "hedge funds." we have to get that plug in there, as we always do. game changer? >> i wouldn't say is a game changer. >> big development though. >> yeah, big development and as it relates it german be a internal policy. they will push for united sort of fiscal union in europe. and so this will take one and half to three years to get it done. expect set backs on that road, scott. but i think that europeans are getting a loud and clear message from germans they want it keep this thing together. we have talked abo
CNBC
Aug 23, 2012 12:00pm EDT
sort of program in europe, and i suspect some sort of program in china, so we're not shorting. september is a very volatile month. we would be looking for opportunities to buy. >> if we get something out of china or brazil, brazil announcing a $66 billion plan recently and europe we know what they're doing. is that going to be enough to help us if we don't get qe3? >> i think so. again because of all of the measures, all of the items i just mengsed in he remembers it of the economy. just a couple weeks ago or months ago we were talking about a recession here in the united states. we're able to actually do 2% growth with all the stuff going on in the global markets. i think that's actually impressive. >> mike murphy, do you agree? >> i agree completely. i think the best case scenario for the u.s. markets is that we do not get qe3 from ben bernanke in jackson hole. you know you will get some stimulus. we suspect sooner rather than later we'll get something out of china i think the u.s. economy right now is in a recovery mode. yeah, 2% isn't great. i think the best thing ben bern
CNBC
Jun 26, 2012 12:00pm EDT
, the great decider whether you'll be back in the market or not? >> that's half of it. china is also a big desire for me because i think they will continue to slow. the best news for china it's stayingocity headlines because of europe. i have no reason to believe europe is going to do anything other than what they have done in the past, come out with an announcement, not follow through and have it not be enough. to me, too much complacency on the market, doesn't reflect risks. i'm staying out of the market, not going anywhere near it. >> summit could turn into a fiasco that may well prove fatal. >> scott, i think it will. look, i agree with my colleague steve weiss. the s&p still up on the year bucyk lickal is not. cyclical stock, caterpillar at a new low for 2012. i think cyclical stocks are getting it right. the reason they are, they are particularly international and they realize how weak both china and europe are. in europe, we keep hearing talk about solutions. i don't believe there is a solution. no growth in the periphery. out of italy, retail sales news. retail sales plummeted
CNBC
Jul 24, 2012 12:00pm EDT
, did the china pmi numbers mean crude and copper are heading higher, and betting with the bulls. chief equity strategist at wells fargo explains why you should be adding riskier cyclical stocks to your portfolio. >>> everyone on the street is waiting for apple, the world's most valuable company, flexing its muscle in a down market and this is after a 50% run year-to-date. is the stock poised to deliver blockbuster results after the bell or are you bracing for disappointment? pete najaran? >> these are a lot of feeders that go into apple the entire ecosystem. you and i are going to talk about the names late sore i'll not touch on those now. i expect the numbers to be impressive after hearing verizon and hearing from at&t, some of the numbers they put up as far as the iphones and activations and the rest of it, that's a small section of what apple is putting out there to the rest of the world. for those reasons i go into this bullish. >> what are your expectations in. >> i think ipads and iphones are important but i think the mac sales are a big number, total shipments are expecti
CNBC
Sep 22, 2014 12:00pm EDT
. >> you talk about where sentiment was last week and look at today. existing home sales, weak. china data, soft. emerging markets, almost across the board weak. >> you know what's interesting, i was with the ceo of a company on friday morning and he's one of the most important players in the housing business in terms of mortgages, buying and originating them, and he doesn't buy into the fact that we've got more to go into housing. he thinks it's weak with the exception of selective areas, the affordability of homes is actually horrendous if you don't have the income to just fy it because we've gone from asset based lending to income based lending. a lot of people will be shut out for the foreseeable future. but i would just address one thing in terms of a hedge, i would rather be short softbank as a hedge to alibaba because it's a bigger company. you still have the chance that yahoo! can get taken out or marisa mayor maybe -- >> i don't disagree. i think this is short term. the options start next monday on the 29th. until ha time i think this is the hedge people are using. >> one mor
CNBC
Mar 30, 2015 12:00pm EDT
easy monetary policy is thinking about it. that's what you want. people's bank of china obviously a good thing. >> ben willis down on the floor, is that what this is about? >> absolutely. ive said all along without china we go nowhere. we were able to export the economy in the deepest, darkest recession. we need them to continue to have that benefit. we need to make sure they maintain their currency at respectable enough levels as well. >> i have our host today, the global head of alternative investments at morgan stanley wealth management. great to have you with us. >> thank you very much. >> give us your view of where we sit right now in the markets at a time when you have so many different things going on. we're prepping for when ever the fed is sgoing to first raise rates. here we are with a 260 point plus gain for the today. >> i think it just speaks to the amount of uncertainty in the market f. you look at a number 067 differe-- of different fact. all these things are contributing to more volatility. as a gentleman who focuses on long-term capital, that creates opportunity for
CNBC
Mar 4, 2013 12:00pm EST
to say? ♪ >>> worries about the housing industry, slowing growth within china, pressuring the market today. shanghai saw its worst drop since august of '11, and the company known as the google of china falling today, even as google hits an historic high. baidu's reports the profit margins have been squeezed. apple goes lower. someone asked, can you create a triple "q"? that sums up today. back to headquarters. wapner and "the halftime." >>> carl, thanks very much. welcome to "the halftime show." four hours till the close. right there on the wall is where we currently stand. a somewhat down day for stocks. still searching a bit for direction. here's what we're calling to "the half." seeing ghosts. what to make of china's real estate market, its empty cities and whether it's a bubble ready to bring down the economy. after a 33% run, is ittime to dump safeway? o >>> first, the headline that stunned wall street. the dire warning of another financial crisis and stock market crash. there it is on the wall. it is courtesy of a well-known chart watcher, the man who made it is here to defend
CNBC
Jul 26, 2016 12:00pm EDT
at that into yum, more shorter-term catalyst, spinning off china and that sort of thing. expectations got ahead of themselves. >> josh brown yesterday on this program suggested that yum was actually the stock to own in this space. looking at chart, thinking it was ready for a big breakout. >> a month ago. because it was in the low 80s. and i still think it's, it can work. in fact, it could go over 100, but we have a catalyst in front of us. that's one of the reasons why it's an exciting story. no matter what happens on the macro. same with mcdonald's. didn't matter on the macro as long as you it a restructuring plan and someone to execute the story. exactly what easterbrook did. >> you mentioned, jim, other restaurant calls. and we're going to get into that. some of these calls on the other restaurant names in the remainder of the time that we have, which is a lot. but as mcdonald's, have they gotten everything out of breakfast it were? >> i think yes. i remember stephanie said in the '90s, this thing is going to be, you get the right guy in, and easterbrook is the right guy. i do bel
CNBC
May 4, 2016 12:00pm EDT
thoughts on china, and get to the breaking news of john kasich leaving the presidential race, and it appear appears that though the dance floor is cleared for the trump/clinton ticket. what are your thoughts? >> well, scott, first of all, thank you for having me here, and it is a pleasure to be here. we are down to the two-horse race obviously, and going to be hillary versus trump, it appears, unless there is some last-minute machinations at the republican convention, but at the very least, it should be interesting august, september, ookay, and we have not seen anything like this. >> and it appears we will not see a contested convention at the way it looks now, and are you disappointed that the vice president did not run? you have been an outspoken supporter of his. >> well, the race would have been more interesting on the democratic side if he had run, but i am sorry that he didn't, but he had important reasons not to, but having said that, the democrats are in good shape going into november. >> that is interesting what sort of going to take place, and what about the market, and the
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
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
Jul 8, 2015 12:00pm EDT
. >> kenny, give me a sense of if i'm a trader, if i'm an investor from china who was looking to sell some other stuff, looking for liquid ilt becauity becauset get it at home, what am i thinking now? >> again, you might be a little unnerved to think that this is happening here. yet, i'm trying to make the point -- and you guys have made it very well -- the u.s. capital markets are not in despair or distress. they are functioning without one participant. the one participant is us at the moment. the other nine exchanges are working properly. the other alternative venues are working positively. >> kenny, this will not be seen as a positive. >> no, but the other markets are not under duress. >> i'm not trying to suggest that, but what i'm thinking is okay, china's not trading right now. >> correct. >> they had a rough day. >> right. >> some people are looking for liquidity over there. their markets are going to open up. this outage is in its 51st minute at this point, which we've heard from an nyse historian, is on the long side as far as how long these things last. if i'm looking at the
CNBC
May 13, 2016 12:00pm EDT
moves in china, and what the company's billion dollar investment in that country could mean for the stock. and plus, cheap stocks, but expensive trades. we will explain what looks like a bargain has been cost iing th investors a fortune. >>> and it is friday 13th, find out the looming dangers in the pashgt that keeps the "halftime traders" up at night. it is all coming up on the halftime report. nothing unleashes power... quite like the human foot. introducing the 255 horsepower lexus is 300 all-wheel-drive. with twenty-five percent more base horsepower. once driven, there's no going back. my name is jamir dixon and i'm a locafor pg&e.rk fieldman most people in the community recognize the blue trucks as pg&e. my truck is something new... it's an 811 truck. when you call 811, i come out to your house and i mark out our gas lines and our electric lines to make sure that you don't hit them when you're digging. 811 is a free service. i'm passionate about it because every time i go on the street i think about my own kids. they're the reason that i want to protect our community and our en
CNBC
Aug 9, 2013 12:00pm EDT
, and just a few earnings, but we had a lot of international data. we had better results out of china. we had a lot of better results in terms of europe. okay status quo in japan. i think what you're seeing here is maybe a shift away from u.s.-centric investments and more towards international or at least you can continue to add to. we have been buying the vgk. we own the dxj. we have plenty of names with exposure to china. i think that's where on the margin things have changed this week versus last week. going forward we're going to be kind of choppy here. we took profits before earnings. an aig, we continue to add to that. we're also buying stocks pulling back and giving us a chance, emerson occidental, tim kkin. >> dow's worse day since june 28th. second worse week of the year. we're going to snap six weeks of gains. good time to buy? >> it's august, the weather is turning nice, heat wave is over, market is up 20%. just go to the beach the rest of the month. there's nothing that's going to drive the market higher, and right now my position has been that i'm not getting pa i had to
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
Sep 24, 2015 12:00pm EDT
worried about. china inflation. that's not going change. >> i think that's actually a reasonable thing to ask. i think if the question is when does all of these -- all these just inflationary impulses work through the data, it's almost certainly not through october. you talk about a stronger dollar and the down draft in commodity prices. down draft in oil prices. almost not -- surely not through the october data, which we'll get in november. the other thing that is happening right now is the growth affects which are uncertain. she did say a little bit extra labor improvement would make her more confident on the pricing side. we'll hear something of that. >> joe, wherever you look, whether it's brazil and the currency collapsing there, germany falling even farther down another 2% today, and maybe some of that has to do with the auto issues, vw, bmw, and so on. >> i don't think you're going to get any more strength outside of the united states. if are you looking for that overnight somewhere regionally, you are not going to find it. we are going to provide whatever capital market strengt
CNBC
Dec 10, 2012 12:00pm EST
often go for the etfs as the way to play something like this, but given that it's china, i think the second largest customer of china, the u.s., avoiding the fiscal cliff, will be very good for them. you look at the build that it's had over the past three weeks, judge, it's up from roughly 35, pushing up towards 39 right now, that etf is, and i think if and when we do push this behind us, the fiscal cliff, that is, i think this one goes into the mid 40s. so i would buy fxi. >> let's debate these around the table a little bit. stephanie? i mean you're more positive i guess than negative on china. you like the fxi? >> we have been involved in it for awhile. we like a lot of the industrials. we like a lot of the mining stocks. >> have we talked about that one? >> maybe just a little bit. i do think you are definitely seeing some momentum pick up in china. and some of the nonbelievers are starting to become believers. and the data over the weekend was pretty compelling. other than the trade data and the export data, which i think people are expecting it to be a little bit soft given what
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
Jun 8, 2012 12:00pm EDT
is going to be on china. more perhaps than europe. you have a ton of data coming out of china over the weekend. >> yeah. >> that's likely to guide the trade on monday morning. >> i actually think it's europe. i mean, i'm with grasso. i'm one of the guys that wants to be long over this weekend. i think one, the china data's going to be weak. the interest rate cut signals it's going to be weak. europe is the big deal here. most likely get a spanish bank recap over the weekend. that will be announced on monday morning. that will be a marginal positive for the banks and i think it could be a very big positive for risk on on monday morning. >> yeah, john, i mean, it's interesting if that's announced before the open of the u.s. markets on monday. >> well, certainly, the way the european markets closed, they're believing exactly the sort of story that bk has described as well as grasso as far as how we could be moving based on what happens there because clearly you look at the ftse, the dax, the rallies in to the end of their days, obviously that sets up for a little rally in to the end o
Search Results 0 to 49 of about 1,031