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Toddo On TV: GM, the Dog of the Dow


Markets, movers and more.

After the KBW Bank Index (BKX) rallied 8 percent to the close yesterday, a few notably market mavens -- Byron Wein, Tony Dwyer, Jeff Saut and Jeff Cooper of the 'Ville -- are waxing poetic for the bull case this morning. Toddo's there as well for a pure trade. He's eyeing General Motors (GM) as a tell, as it was the dog of the Dow last quarter and bounced into the new quarter. In the Buzz & Banter segment, the head Minyan in charge shares some puzzling facts about New York City real estate: Manhattan apartment sales dropped 22 percent, the most since 1998; unsold inventory is at an 8-year record of 31 percent; median prices are up 15 percent. Huh?

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