MarketFoolery: 02.11.2014

MarketFoolery

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4.7 • 1.7K Ratings

🗓️ 11 February 2014

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today's show the guys dive into earnings, with a look at why shares of ConAgra and Rackspace got slammed and why CVS is sitting pretty. Plus they discuss the future of the telecom industry, and how one unknown company may be about to shake things up.

Transcript

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0:00.0	It's Tuesday, February 11th.
0:04.3	Welcome to Market Foolery.
0:05.6	I'm Mark Reith and joining me in studio from Fool 1, Morgan Housle,
0:09.3	and from Million Dollar Portfolio Mike Olson, gentlemen. Happy Tuesday.
0:13.0	Hey, hey, how to?
0:15.0	Earning season is in full swing, so we'll be talking about some of the highlights
0:18.0	from today's batch of reports, but we begin where so many problems do, Congress.
0:23.0	Janet Yellen is making her first public appearance as chairwoman of the Federal Reserve
0:27.1	today.
0:28.1	Morgan, what's today's appearance all about and what are some of the expectations we have from
0:32.1	Miss Yellen?
0:32.8	Well, I think there are a couple things.
0:34.0	One is that whenever any sitting fed chairman or chairwoman,
0:38.6	actually on that topic, Janet Yellen
0:40.0	does not want to be called chair woman.
0:41.4	Oh, really?
0:42.4	She must be called fed chair Yellen. That's called Chair Yellen.
0:43.4	That's true.
0:44.4	Sheer Yellen.
0:45.4	Fed Chair Yellen.
0:46.4	It's very progressive.
0:47.4	Whenever they go before Congress, they're not going to say anything that we didn't already
	...

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