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Down again let's go to to -- at least at the New York Stock Exchange -- -- what is causing these gyrations.
Well a couple of things that I'm watching number one watching the US dollar and relations began -- we've been following the global markets in the today.
The markets delta -- by the Bank of Japan and not expanding monetary stimulus there in Japan.
And then what we -- here is again jumps the dollar pulls back and now everybody's looking at again what will happen when the bad.
Will they take that back and not surprisingly -- financial news financials are among the worst hit right.
Right and you know what happens is that the financials are very economically sensitive.
They are very volatile volatility is back into the markets right at one point were down over a 150 points and we are back to the end -- -- Now only to -- is down triple digits again that the traders here.
Got to tell you they're used to this volatility they don't take this as seriously as some folks at home -- on the contrary they see the pullbacks as buying opportunities particulate.
The financials many of these guys -- I must that I speak with talk about the fact that they are a lot of the financial.
Swells and some people are buying into even at the higher priced as stocks like GameStop.
Which it was outperforming.
They've got more than an 8% rise today.
Right and GameStop which year to date is up about 50% gain stops doing very well because you have to -- -- -- coming out.
And then Microsoft Xbox won the PlayStation.
Four and the good news that now to be able to play used gains on these consoles.
And that's the biggest news because don't get out there operating profit actually comes from.
Buying games and somebody else doesn't want and then selling them over here for -- back.
And I always say we have lululemon we saw this coming yesterday.
We saw there that do news hitting that they're there -- CEO was going to be stepping down that hit the stock after hours.
Right now it is plummeting is down about 17%.
Yeah that's pretty dramatic move here from lululemon I mean the fact that I have Chris Monday saying after five and a half years and he really -- here at the CEO.
Saying listen I'm gonna step down when -- find another CEO.
People were so concerned about the pants being -- throughout.
They pulled off the shelves three months later they restock the shelves and they put out their quarterly earnings report last night after the bell.
No one expected her to step down to now brings uncertainty back to this company.
And then housing starts another day another down day for housing stocks and looks like -- glitters -- them.
Right -- -- like California.
-- by the -- Thank you very much as we hear the closing bells.
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