You're watching...
Krispy Kreme Shares Surge on Longbow’s ‘Buy’ Rating
Details
-
Description
FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:20
- Date Jan 4, 2013
You're watching...
FBN’s Nicole Petallides breaks down the day in the markets.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
And fortunes are changing -- regarded gold as well a lot of people were putting all of their money on gold.
With the announcement that the Fed is gonna continue to print money ad infinitum we're guessing -- we get the notes that they're not gonna print ad infinitum that may all -- -- by 2014.
Nicole federal ladies we saw gold taken.
-- -- But the market didn't follow which was kind of interest and.
Yeah stronger dollar gold has been pulling back the markets on the contrary aren't thirteen month -- SP 500 here it's a recovering on the highest levels seen in five years have certainly still aren't so I 713 month -- great week for thirteen months.
And yet to be -- five year high as if we didn't need enough leading up to the holidays we gotta talk about something that I -- to Krispy Kreme you know to -- we haven't talked about often but.
Boy we sure talked about it a lot during the dot com Mara where everybody -- -- about it but look.
These levels in Krispy -- not seen since way back in 2007.
-- The stock jumping 10% today what's up.
Yeah -- an -- here over at -- and now they're saying in dollar price target.
Itself right and -- stocks' doing pretty well but it Nicole.
That's -- we've seen a lot of banks Citigroup for example without conviction.
Graders at.