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June 28, 2024
1st. Is that what the date was . The fear gauge hitting the lowest level in more than two decades. The volatility index closing yesterday at 9. 77, the lowest level since december of 1993. I cant imagine thats not a place where you would buy. Though normal stocks that hit new lows what do they do . Hit more new lows. Stocks that hit new highs, hit more new highs. It can only go 9 more lower. Yeah. This only happened five times ever. Having always thought in a contrarian way that complacency and ...
June 28, 2024
Why is fbi director james comey walking back comment he made in front of Congress Last week . Judge Andrew Napolitano will weigh in on all that. Did you see this . An allout brawl at a florida airport. Well tell you what Spirit Airlines did, that prompted this. Whoa. David airlines, it doesnt end. Chevron, cisco, dupont among the dows biggest drags today. The dow ending down, not so with nasdaq. Lori rothman on floor of nyse. Nasdaq at a new high. Youre watching apple. It is now officially closi...
June 28, 2024
While i greatly appreciate you informing me on three separate to occasions that i am not under investigation, i nevertheless concur with the judgment of the department of justice that you are not able to effectively lead the bureau. It is essential that we find n leadership for the fbi that restores public trust and confidence in its vital Law Enforcement mission. I wish you the best of luck in your future endeavors, signed donald j. Trump, president of the United States. Let me go to you first,...
June 28, 2024
Check out crude oil prices, which went fuderwacken again yesterday, according to mark grant. Wti is up by just 1 , to 46. 36. Brent crude sitting at 44 th49. President trump abruptly fired james comey. Comey learning of the firing while speaking with fbi agents in los angeles. This morning there is bipartisan outrage as congressional members on both sides express concern about the sanctity of the Ongoing Investigation into President Trump and his ties into russia. Eamon javers has more on this c...
June 28, 2024
Impact it will have on the rest of the president s economic agenda. Plus well talk about disneys earnings. Revenues though a bit weak and of course its all about espn and cord cutting. You want toer what what bob iger had to say about the quarter. The yelp shares getting hammered. Well dip through that quarter that is dragging the name down. Obviously the story of the morning is the firing of jim comey. The lleyton ohis leaf the latest on his leaving the office. Lets go to eamon javers this morn...
June 28, 2024
Flat. The ftse is down by 0. 1 in italy. Crude was the big story yesterday. Wpi this morning is up once again by 1. 6 . Gain of 77 cents to 48. 10. This comes after it looks like additional countries from opec are standing with saudi arabia saying those production cuts need to be expanded and also we saw a surprise decline in the supplies here in the United States. Now lets talk about todays corporate story. Shares of snap plunging after the Company Released its first report since going public. ...
June 28, 2024
Everybody is trying to pick the bottom and its not working out so well. The proof is in what you get, right . What you get is when you find these earnings out and find out where they are, you look at somebody like macys. When you miss on the revenue as badly as they did, scott, they call themselves a transitional stock and they are. But they are still a ways away from the transition that they need to make to be competitive. Thats the problem they have got right now. When you look at look at thos...
June 28, 2024
On the market due to a selloff in big Retail Stocks like macys and nordstroms and the retail sales number that came out at the end of the week. Major markets closing mix for the week. Meanwhile other major headlines impacting your money President Trump fired fbi director james comey this past week. That news dominating the latter part of the week. Some investors are worried now that it could delay the administrations economic agenda like tax reform is President Trumps new fbi director will need ...
June 28, 2024
[cheers and applause] john the phrase American Dream came with a book written in the midst of the depression america is that dream of a land where life should be better and richer and fuller for everyone and for many people the dream has come true but now ayatollah something is wrong. It is no longer accessible is it suffering or alive and well . 75 percent said suffering. Is that true . How many of you think is as achievable as it was before . [cheers and applause] how many of you feel not so m...
June 28, 2024
[cheers and applause] john the phrase American Dream came with a book written in the midst of the depression america is that dream of a land where life should be better and richer and fuller for everyone and for many people the dream has come true but now ayatollah something is wrong. It is no longer accessible is it suffering or alive and well . 75 percent said suffering. Is that true . How many of you think is as achievable as it was before . [cheers and applause] how many of you feel not so m...