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MarketFoolery

Uncle Martian Has Arrived!

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 2 May 2016

⏱️ 24 minutes

🧾️ Download transcript

Summary

We sift through the wreckage of the now-defunctHalliburton/Baker Hughes deal. Hulu makes the battle for the livingroom more interesting, and we discuss the newest player in theathletic apparel industry: Uncle Martian. For a free copy ofour new 401k guide, go to http://401k.Fool.com

Transcript

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0:00.0

It's Monday, May 2nd. Welcome to Market Forward. I'm Chris Hill joining me in studio today from

0:06.0

Stock Advisor Canada, Taylor Rockerman, and for a million dollar portfolio, Jason Moser.

0:11.5

Happy May guys. Hey hey! Everybody ready to sell in May and go away? You know what I'm ready to do?

0:17.0

Every May. I mean I'm already counting down the clock to the end of the day. Memorial Day weekend.

0:22.0

As we're talking about before taving, right?

0:24.0

Get out of here, go play some golf, member guest time, baby.

0:27.0

It is, it is.

0:28.0

Pools open up.

0:29.0

You got some stuff to do before then.

0:31.0

Can we take one second to talk about just I mean it's

0:34.8

like it's like your birthday it's like tax day you can set your clock this time

0:40.6

every year the financial media coming out with just a round of stories

0:44.4

up oh selling may and go away should you do it this year is should you know and it's like

0:49.1

just stop it kills me just stop what the farmer's almanac say this year?

0:53.0

Yeah, exactly.

0:54.0

Exactly.

0:55.0

Let's go to some reliable sources like the farmer's almanac.

0:59.0

We are going to dig into the latest twist in the battle for the living room. We will dip into the full mail bag. But let's start this episode just like we did a week ago with the Halliburton Baker Hughes deal, which is now officially off the $35 billion deal is off and

1:19.0

as you said last week Taylor all signs were pointing to this.

1:25.0

I'm a little curious though why Halliburton shares up about 2-3 percent, Baker Hughes shares down about 2% because Baker Hughes is getting the mother of all breakup

1:40.3

gifts in the form of a three and a half billion dollar check.

1:45.0

Yeah, they're already planning to spend most of it.

...

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