cooperman making his name, in buying low before selling high. a place in the financials. >>> we head towards the close with about five minutes to go. down the eighth day in the last nine sessions. year to date gain is cut more than half in the last two weeks. mainly because of this investment right here. that would be the dollar. as we talked about what darren wolfberg, a little while ago, all starting with the currency markets. as long as we are focused on greece and the rest of europe and their debt situation, the currency markets will call the shots. four-month high today for the dollar against the euro as it continues higher. 11 straight days of gains for the dollar. as long as that happens, you will see a safe haven play. a yield going, this is the lowest we have seen at 1.78%. going back to early october. the good news is, though, bad for savers. but if you are a borrower, especially for mortgage rates, this is the thing it is tied to and with that going lower, mortgage rate are probably lower. same thing for oil, down another 2% today. to

leon cooperman of omega added new positions in citi and b of a as well, also added to jp holdings. bk, you have to put a caveat to all of this. this was as of march 31st, right? so the end of the quarter. there's frankly no way of knowing whether these guys have paired back their positions in any of these, given what the market has done lately, you can only assume if they're as smart and nimble as we think they are, maybe they did. >> yes, and you have no idea what kind of hedges they have on as well. so, to just simply look and say they made or lost "x" amount of dollars i think is naive, as you stated. but what they were looking at, at the end of the first quarter, is it's the first time since 2009 that the banks actually traded at book value. in other words, the markets said we actually believe what's on the bank's books for the first time since 2009. so that's a bullish signal. i think certainly you have this european problem and now you have jpmorgan, and the question becomes, can jpmorgan expand its business without the ability to hedge its business? i think that's still up i

leon cooperman and a lot more. don't miss "squawk box" starting tomorrow at 6:00 a.m. eastern.ales. but if you take away the faces on the trees... take away the pixie dust. take away the singing animals, and the storybook narrator... [ man ] you're left with more electric trucks. more recycled shipping materials... and a growing number of lower emissions planes... which still makes for a pretty enchanted tale. ♪ la la la [ man ] whoops, forgot one... [ male announcer ] sustainable solutions. fedex. soons that matter. and what it doesn't cover can cost you some money. that's why you should consider an aarp... medicare supplement insurance plan... insured by unitedhealthcare insurance company. all medicare supplement insurance plans can help pay... some of what medicare doesn't, so you could save... thousands of dollars in out-of-pocket expenses. call now for this free information kit and medicare guide. if you're turning 65 or you're already on medicare... you should know about this card -- it's the only one of its kind endorsed by aarp; see if it's right for you. all medicare s

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