Yesterday, poor manufacturing data started September off on the wrong note, although a late-day rally pushed the Nasdaq slightly into positive territory. Today, all three major indexes are down, with the Dow Jones Industrial Average
The Dow was not without winners, as both Disney
The most exciting news is that the fiscal cliff, a poison pill Congress inserted into negotiations to balance the budget, could get pushed back by at least six months. No one fully expects Congress to allow the across-the-board cuts to crush the defense industry, including fellow Dow component United Technologies
Disney has seen shares pop 2.5% -- best in the index -- as the streaming-video deal between Amazon.com
Disney investors may be sitting pretty, but the biggest story continues to be Amazon's aggressiveness. With the new Epix deal in hand and a new Kindle tablet set to debut before the holidays, now is the time to download our new premium Amazon report. It will keep you up to date on the online retail titan's headlines, whether it is still a buy at these lofty levels, and what it has in store for investors and consumers. Get your copy by clicking here.
David Williamson holds no position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of Walt Disney and Amazon.com. Motley Fool newsletter services have recommended buying shares of Walt Disney and Amazon.com. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.