Oct 25, 2012|
CNBC.com's Jeff Cox
Transcript - Not for consumer use. Robot overlords only. Will not be accurate.
Holy smokes -- this is getting worse by the minutes. I'm looking at the stock market the only silver lining is what you pointed out earlier price of oil going down but everything else is going down to go on with your bad self oil keep dropping hints that Dow is down 179 points to thirteen 166. NASDAQ down 26 points S&P down seventeen. Gold is trading down 1260. Tenured US. Treasury at one point 77 and down to and is said it's now 43 cents 88. -- read something about it downgrade of several regions in Spain -- -- so that is back. But most of what's nice I think it's been -- earnings story in I believe I I really am of the opinion. That the election is having an impact on the stock work it's a really typical select -- -- -- it's funny because we did get a text on somebody gets it Obama must of won the debate because stock market is ratcheting military nitrate. Funny there. My -- text number 68680 my email address Barry Armstrong at WR TO dot com. -- a lot of emails there when people have personal questions or finance questions they don't really want read on the year. Where they don't like to text attention sending email. So it's very are straight at W market account we talked about monster energy drink -- the symbol for the stock is M and this T. And this stock has been down all morning long it's down six point 8% rate now at 42 dollars. And sixty cents a share why or five people -- May have died over the past three years after drinking monster energy. It's a popular energy drink that is high on caffeine according to incidents reports recently released by the Food and Drug Administration. And I tell you where this drink it's consumed a lot you do you think of this as being something that is. Consumed by athletes rate -- sporting event. Have a boy who plays hockey. And and he would drink this stuff and don't do much to my dismay I would really try to discourage him from drinking but he would before hockey games. But it's also if you talk a younger crap. Then you an irony in that category. Value leading or sharing myself if they talked in days peers and cook sees buddies. Would they do is they drink. Monster in vodka or monster and and rob so what are you wind up with a really energized wide awake drunk a heart attack. Because here it's it's like I wouldn't call that a speed ball. And when you mix of the downer in the upper. Parents of the teenage girl from -- now suing yes the makers. Of this monster drink saint contributed to her death. Last year where the parents when you do what you're twelve -- drink district. Rights two. Our guest is Jeff Cox from CNBC Jeff welcome to show -- you -- Good morning good morning very that mr. last week -- -- good they offered Likud or whatever it. Good morning -- Morning yes and science where last night about it back yeah -- -- -- way. Did it at the just if it's a lot of fun it's kind of that there from the cheap seat it is. That that. So Jeff by I went on CNBC's website this morning and I took a poll. I and I I wanted to see it really took participate in the pulpit as a wanted to see the result according to CNBC at about 6:30 this morning 61%. Of your audience thought Obama had one. The poll last night vs Romney at 34% of those numbers holding up is that still going on and that this late juncture dead after 10 o'clock. Yeah I mean it it it seems like that was -- that did that that was the that the prevailing sentiment. You know I think whatever you get into this situation with the foreign policy that bit -- the numbers right now are about 5737. And obvious favorite. Whatever you get -- reform policy debate incumbent. Always inherently has the advantage because he's had four years worth of you know foreign policy the conducted and he's privy to information that -- challengers not going to be privy to so you know -- -- is that the president sort of gets a leg up on that. I thought Obama -- -- it would fairly okay Java is little surprise that probably was more aggressive you know as last night I really thought -- -- Libya question -- it was a sure fire winner for a minute think you're really just didn't didn't go after it. Yeah I thought that was his chance to really put this election to bad you know and and go up by because I think he needs to be up by. On real clear I'd like to see him with a two point lead right now sitting with a point six lead I don't think he wins with a point six lead because of the electrical. Yes yes -- the Electoral College math doesn't work out very well -- and you know. Yeah exactly I mean it's I -- -- the newest Rasmussen numbers the daily tracking from Rasmussen has him up. Has -- -- 4%. Which I think is you know the largest. Part of that he's had in newspaper first effort for quite awhile at least -- if it's not old or extremist going back in quite a bit extra Rasmussen has been much closer than a lot of the other polls have galloped -- that. -- -- pretty consistently but success points for the past couple weeks but. That restructure of the -- and. Yeah well it's -- the latency they tech sector in every -- Is going bolt right -- a leader who like -- I was on vacation last week I brought my laptop never used it once 'cause I can do everything I needed to do on my iPhone. How is this impacting the technology sector everybody's -- and an iPad or tablet. An iPhone Smartphone. A week and it -- get this let's be wreaking Havoc with the technology sector. Well it really is and I know it's not one of them that the bigger. That the but the -- talked about tech stocks if you got a -- radio -- earnings. But they've really got slaughtered. That it could. Portion of the Juarez just kind of weaknesses or sports or -- And and that kind of thing really cutting into their. That are that it did their their profits and their revenue especially I mean they're at their stock is now like. It's all -- -- such actually up now it did it and dealt quite a bit in the -- -- -- it it if it's the real wild card and you know if it's the technology stories to consumers to Hillary and of course you know -- bracing today for that big. Apple unveiling in -- you know what when when that comes out -- sure that that's going to 222 tree quite as -- as far as the market goes in you know it it it's. That is that is the big time protective -- tech sector and executed and -- we've seen a lot of real mixed bag as ours so what we've seen it. -- pitcher is not the -- I appreciate your time Jeff for thank you very much. Absolutely could talking guys have great day. Jeff Cox CNBC joining us today in those pulled -- for one of the EG tickets in BC -- I take knowing haven't taken it and -- less subject us to do little. I mean you've got CC BS and some of those polls coming out on the -- of monoline Obama won. And you've got this would seem real clear in saying he that Romney was ahead and and you got a UNH Apple's saying now Obama's pulling ahead in New Hampshire is now. That's the place finisher is again -- notable speaking about. Being all over the place next segment is your segment you can texting your questions if you have any kind of financial question at all or comment that you like to make. Will put it on the air June ninth will serve as your interpreting your personal interpreter for the stellar appointment correctly points. Sometimes it's tough to read them. It dumbed down yet. Dumb down your technologist just spell words so that they can he read it I know some people out of -- -- 68680. My email address to an email your questions you can do so. But email address -- -- Armstrong at W mark GO dot com and we have not had a little contest it stay with us this is -- -- extra.