alan knuckman and james ramelli are standing by. topic number one: old timers - ibm and time warner are moving their retirees to the new healthcare exchanges. are these mature stocks a buy? alan: you're asking me to pick the best dinosaur. looking at ibm that's more of an investment time warner has doubled from 60 to 120---that was pulled back a little bit. we're sitting around 110. my target on that's 134. so i still have some more upside in time warner. but i like the healthcare stocks actually better. they've got huge momentum if you look at cigna or wellpoint or aetna---they've gone straight up. james: i actually completely agree with alan here. ibm is facing some challenges---some fundamental changes in their business. i like the space that time warner's in a lot. stocks like time warner and comcast have done well this year. gotten a little bit of a pullback here and look relatively cheap. i would like to play time warner to the long side. angie: topic number 2---oranges are extremely expensive in jakarta and that's because of t

chart talk is next jp morgan may have a mountain of legal problems but alan knuckman says this is the stock we should be watching. good morning alan. > > good morning angie. it's follow the money here. jp morgan obviously had a lot of bad public relations over the past few weeks and months but if you look at the stock it's come back to that 50 level. 50 was the breakout area that we saw in may and that's been the pivot since earlier this year and right now-- we've come right close to it. it's a good area to lean on as far as a support point if you're a chart follower. > > if 50 is the floor, where is the ceiling? > > well 56. we've been trading between 54 and 56 now for the last couple of months so what i want to look at-- to see if that 50 holds and on a weekly basis is what's important not the day-to-day action but you want to see 50 hold on a weekly closing basis. that's a level to lean on from a risk-reward. what i'm looking at is the march option-- a march call-- an in the money call. a 45 call right now is $5.50 in the money and it's going for about $6.50. so my break even's onl

chart talk is next trader alan knuckman believes he is right on target with his next trade. good morning alan. > >good morning angie. > > well target's shares have been down but is that because of what's been going on with walmart and concerns with that retailer? > > yeah i think there's really kind of a sympathy play, but if you're a trader and you're into charts, this is what it is. it's a chart play looking at things technically. we're right now at about the half way point of the last 52 weeks and that's held the support, but if you even dial back further --look at a 2-year chart-- that stock is trading between 73 and 47. so you can really lean on that 60 level. 60 is the midpoint support, and right now we are sitting at about 64 and a half or so. > > is this a stock you would want to buy before the 4th quarter? the holiday quarter. > > oh sure, sure. this is a stock that is 15% off. so you can say there is a sale going on at target. but if you look at it from a risk/reward standpoint-- you lean on 60 on a closing weekly basis-- if it's below that you get out-- i'm looking

traders alan knuckman and james ramelli are prepared to tackle tough questions from the floor of the cme group. hello guys! > >good morning angie. > >topic number one: sheeple?- citigroup claims that the s&p500 target price should be 1900 for the end of 2014. do traders buy into this? alan: i think that people are not respecting this overall trend. and that's not that far away in percentage terms. if you look at the pe ratio historically, that could very easily happen because we're still below the peak that we had in 2007 from the price to earnings. cause it's all about earnings in my opinion when it comes to stocks. james: a lot of people make arguments at this level that valuations are getting a bit stretched. and really that doesn't matter with the interest rate environment we have right now. if the fed is able to keep the bond market under control, i think that is a very realistic target. alan: the market doesn't know high or low, only people have an emotional tie to what they think is high or low. angie: topic number two: does chatter matter? from tv shows to trading floors. all

joining us from the floor of cme group alan knuckman and james rameli 1) dollar holler - which dollar store stock is on sale now? 2) hot tech - sandisk and micron may benefit from factory fire which one? http://blogs.barrons.com/techtra derdaily/2013/09/04/micron- surges-sandisk-rises-piper-sees- hynix-fire-benefitting-dram- pricing/ 3) k cup for your soul - how to play soup? http://blogs.barrons.com/techtra derdaily/2013/09/04/micron- surges-sandisk-rises-piper-sees- hynix-fire-benefitting-dram- pricing/ msu fun facts which statements are true the school was founded in 1855 originally named agricultural college of the state of michigan the mascot is sparty two of its alumni will wind up on traders unplugged on a show called first business.. in other news... the time has come for traders unplugged joining us now from the floor seaming group alan document and change dramatically. hey guys. topic number $1 holler. which dollar retailer is the best for your money? > > there are some people not you james, they say the dollar stores were over. wal-mart was a smash them out of business. dol

. ♪ ♪ ♪ ♪ ♪ it's a special edition of traders unplugged..alan knuckman and james remali are standingwer your questions. hello-- and here we go with what our viewers want to know... topic 1: penny for your thoughts...is investing in penny stocks a good place to start for new investors? alan: i don't think so because they're not very liquid. just because they're cheap doesn't mean you have lower risk. it's not about what you trade, it's how you trade. it's about having a certain small percentage of your account at risk on each and every trade regardless of the asset class. but they're not liquid. they're not easy to get in and out of so it can lead to trouble. james: i completely agree with alan. penny stocks is a very hard game. comissions are a very big challenge for a retail trader. especially one that's just starting out . and with penny stocks your commissions are going to represent a very large portion of your initial capital outlay. it's gonna be expensive to get in, expensive to get out. penny stocks is a tough game. alan: institutional investors don't trade those either so tha

alan knuckman and james ramelli are here for traders unpluged. good morning. > >good morning. angie: here's your topic number one---crisis de jour. we're hearing a lot about this debt threat, so how do investors make sense of this? alan: it's always something it seems. we're in a new media age so i think people are overly sensitive to all the news but it's gotten to a point where it's crazy. we're 2% off the all-time forever highs in the s &p and people are losing their minds like there's gonna be a market crash. james: right. this little pullback we've had, that had to happen. we do have this little bit of uncertainty about the shutdown but if we're really afraid that this market is going to roll over and that the government is going to shut down, why aren't we seeing bids in the vix? why aren't we seeing gold move? we're not seeing that. i think this is blown way out of proportion. we did this once already this year. alan: trust the market action. opinions aren't anything at all and you've gotta trust what you see on the screen not what you think is gonna happen. you get pai

alan knuckman from trading advantage. >> thank you. >>> we finally get to the federal german lkzs onthe political parties out in force on the campaign trail. the opposition sdp trying to set itself apart from the ruling coalition. geoff is in berlin with the sort of a final count here. geoff, what do we think is going to happen? >> well, it's interesting. you were talking about the federal reserve just as we came into this conversation, ross, because that was the event risk number one, wasn't it? the german event has been talked about for much of the year in terms of being event risk number two. but here, as you're listening to the heart of things as we're in the final days and hours of this election campaign, not so much europe that's being talked about, but issues on the ground to do with, say, low wages or taxation or whether there should be tariffs on the ottobonn. so very much a different feel inside germany from perhaps the international perspective. as you might anticipate in these final hours, the two leading candidates, angela merkel and pierce steinbrueck making that final