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Dave Caruso's Before the Bell

Before the Bell 11/4/2008

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Play from 0:39[0:39] ..." if you use these. Future polls that put up for all the presidential elections which are the last what I saw yesterday by the way. Sure about 90% for Obama and 10% for quite so they're"...

Play from 1:14[1:14] ..." Obama's basic fund raising -- put into this I think the vice president cultural. Picture pretty important and most importantly the document here estimate to the economy. And we've been worried about that I think"...

Play from 1:47[1:47] ..." It has addressing some pretty bad economic data came out yesterday about the market's pretty much -- in order."...

Play from 1:53[1:53] ..." six to nine months they're kind of a leading indicator in the economic data is is that comes out every day is actually history -- this release so. I think that too like election deserted priced"...

Play from 2:49[2:49] ..." happen there. Marvel entertainment profits of 40% they get a lot of iron man revenue but they -- for 2009. Emerson Electric's profits its sales were pretty good so good numbers there they also increase their dividends. But again we've talked a lot about"...

Play from 0:00[0:00]" Time per hour before the bell stock report NW DC financial editor thinkers hours here this morning to join us David good morning whatever. Let's look at backing yesterday it was pretty tame I guess most of the people almost anywhere on election watchers are we."

Play from 0:15[0:15]" Yeah I -- I think it was intended by the way are nice step up. 455. Point slave although it was only applied -- the days so that the if you if you more of those but I think we're a little bit of a quiet period in the neighbors are worried about something you know right after the elections so. Little bit about this point in the markets but the markets are waiting to see the results of the election today. I think that the regardless of the two choices it's a -- predicted the market anyway if you use these. Future polls that put up for all the presidential elections which are the last what I saw yesterday by the way. Sure about 90% for Obama and 10% for quite so they're not looking to figure out whether it's a 5% spread or 10% in whatever. They're actually guessing the winner in this things have been pretty accurate so we'll see what happens so that means that. The surprise will probably be the -- McCain wins and in the markets quite frankly have tended to favor some of the Republican agenda with lower taxes less government and that's displayed by the way that's 700 billion that we needed to get the economy -- so all that being said. I detected their country think they've really kind of -- this -- number one of the components -- rate Obama's basic fund raising -- put into this I think the vice president cultural. Picture pretty important and most importantly the document here estimate to the economy. And we've been worried about that I think we have to throw the bums out mentality and certainly the perception that that the president in charge of that I think that was a tough obstacle to overcome the timing was so great so it looks like America's voting also this morning it was the markets are where are pretty good start -- computers that sixteen point eight. That was a 154 and ethics at nineteen to have all prices are a couple of blocks it's 66 in the technical the preteen and -- support but."

Play from 1:47[1:47]" It has addressing some pretty bad economic data came out yesterday about the market's pretty much -- in order."

Play from 1:52[1:52]" That the markets are always looking six to nine months they're kind of a leading indicator in the economic data is is that comes out every day is actually history -- this release so. I think that too like election deserted priced into the markets and in the last week we got our GDP data which showed negative so with credits that are like we're in a recession so. -- the question how long are we going to be -- one and if you look at what's going out of the markets the average recession if -- average and who knows whether it is. Has been voted ten to fourteen months old truce started three months ago than men who were not too far out of the woods and maybe the next move -- on the success."

Play from 2:25[2:25]" what do you have for stocks and unions are what."

Play from 2:28[2:28]" Departure and the middle and an agricultural company to make a lot of ethanol that's sales route 65% so. Other property and will be doubled their expectation because -- higher pricing of a commodities that was pretty good. Meant to -- yesterday they were with their earnings very positive good in the sense that the consumer doesn't to be seen to be easing much up on those credit cards so. They're profit for 9% to happen there. Marvel entertainment profits of 40% they get a lot of iron man revenue but they -- for 2009. Emerson Electric's profits its sales were pretty good so good numbers there they also increase their dividends. But again we've talked a lot about the saw also yesterday were lousy it's not just US -- because Toyota was up this morning they downgraded their outlook is well. Their sales last time were down 23% for October even BMW does want to cut its outlook. As their profits are not 63% -- tough to deal."

Play from 3:16[3:16]" Market recognized -- so thank you so much."

Other Episodes in this series

Before the Bell 1/28/2008

audio

28 Jan 2009

Before the Bell 1/28/2008 

An early look at the market with Financial Editor Dave Caruso.

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[0:53]..." losses -- if you look at this earnings season you know even Wells Fargo was up this morning with the big one so they -- getting those losses I think you'd think he'd get those assets. Also their books and they go back the plan if you would of what the purpose was to be about but to be pretty good so. That we got a great -- second they have a job basically or maybe third the third day on the job. As so he's going to be at all political over the -- what we've got and I think the majority of financial stocks are really like infect most of the financials are very big this -- so. These are start it and he teaches at nineteen point eight. Does the 159. We that the NASDAQ up to 48 oil prices down around twenty cents a forty want to change in gold down to fifteen years and eight and seven. "...

[0:21]..." good start. To be the fourth day in -- world that we CBS and the -- advocates expect the -- Summers have been the scene looked something like that. I have -- against the there "...

[1:33]..." it's not been pretty so far but they they continue to come AT&T was up this morning and they were down 23% on the auditing company. But the good news is is that they had "...

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2:47more in this series...

Before the Bell 1/27/2008

audio

27 Jan 2009

Before the Bell 1/27/2008 

An early look at the market with Financial Editor Dave Caruso.

listen

[0:21]..." about the clutter so this morning we got the three popular names American Express DuPont to Texas Instruments. Not helping yourself all locked the American Express was 79% drop. For the fourth quarters but it took a lot of write downs and there about a -- behind expectations that a lot but again the financial -- some tough times. DuPont they have losses while they cut their outlook. The loss looks to be about seventy cents a share in the street was only expecting about twenty cents -- so. They also came out and cut the forecast and I agree when their Texas Instruments speaks semiconductor company that reported 86% drop in the profits so. They too were cutting about 3400 jobs and they warned -- "...

[1:21]..." we've been here it was something were to go to their. A Bristol-Myers also in the drug group most profitable point two billion dollars and are you that but this department of I think a "...

[1:47]..." David to the housing market a nice surprise on some housing numbers yesterday but today a different report. "...

timeline

2:54more in this series...

Before the Bell 1/26/2008

audio

26 Jan 2009

Before the Bell 1/26/2008 

An early look at the market with Financial Editor Dave Caruso.

listen

[1:33]..." the 38 years. And don't even mention about a 137. Of the S&P 500 are coming out of their earnings so we got -- spectacular surprise about it at least a little bit of lift this morning know what we get disappear tent. A 1048 -- has -- nine point eight oil prices are down about 75 cents at 45 and change. And we also got that the -- booked August 11 has such six "...

[0:46]..." not so bright new year to date it has -- 8% the S&P down almost 8%. That's the extent six point 3% small cap Russell 2011%. Of we're so all those of you looked overseas "...

[2:54]..." Camera looking at a big deal on Wall Street. "...

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3:34more in this series...

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