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June 24, 2024
Maybe even from the last one. Thats my addition to it. Man who recognizes the facts have changed and thus he needs to change his mind, too. That level of flexibility is a good send, a tip to the hat to mr. Bullard. Second, the dollar, the bane of so Many Companies existence has ceased to climb relentlessly against the basket of currencies i follow. Sure, its roared again versus that venezuelan currency where a dollar buys you ten bolivars instead of six. Woe to the companies that have made big b...
June 21, 2024
The fed. Dont listen to what they are saying, just Pay Attention to what they are doing. But now, paul is turning that upside down and taking a different tack. We will talk with him about that coming up. And would you mcbrunch . Mcdonalds issing an ling to get into the brunch business. Yeah. Really. We are not kidding here. Is this the type of move that could turn that stock around finally . It is the underperformer today, the nasdaq is off about four points. S p down one point to 1994. Some of ...
June 21, 2024
S p climbing. Nasdaq falling. I think it says there are plenty of people who want in. They just wanted a pullback like yesterday to throw money at the market. You can average in three days and even after yesterdays beat down come out ahead. Even though there are Larger Forces that would normally indicate this is not the time to commit new money. I am kind of in that camp here especially because i was heartened to hear about a Ukraine Russia pact over energy. The real reason why we rallied so har...
June 21, 2024
Well go over to japan and tell you whats going on there. Lets get to our road map here. Youve got mail. Verizon aol, 4. 4 billion. Why is armstrong selling the company he runs and why verizon is buying a content business . Plus as we mentioned, we are seeing red in the premarket. Stock futures are lower as that selloff in bond continues. Another month of weak numbers from the gap. Retailers april sales came in below consensus blaming, what else . Youre thinking weather . No. Strong dollar. Thats...
June 19, 2024
Markets, unpressure this morning, due to the escalating situation in ukraine. Monthly increases in consumer income and spending not making a dent. Warren buffett says hes not discouraged about the markets today or in the future. Citing slow but steady economic improvement. Find out what else hes thinking about. Apple rolling out Carplay Technology with mercedes and ferrari . Futures pointing to a sharply lower open, thanks to ongoing instability in ukraine and russia. This, despite monthly incre...
June 19, 2024
Senate house negotiators dealing with a package that would fund the government through the fall of 2015. Costco shares are lower in the market after expectations missed. Mastercard boosting its dividend. First up, the latest aca enrollment numbers are out. Lets go to Bertha Coombs. Reporter good morning, carl. More than a quarter of Million People nationally signed up for National Health insurance plans through the exchanges in november, that according to the latest data from the obama administr...
June 19, 2024
May. At t ups guidance, sees 5 Revenue Growth in 2014. The bidding war for jimmy dean and sara lee orts old or hillshire rages on. Pilgrims pride raises its offer, above tysons 50 bucks. This may not be over. Investors, apple wraps up its key. Health, home a fully integrated apple world. Why the stock is down this morning. Record auto sales, chrysler beating estimates. More numbers from car makers in a few minutes. Sales estimates for the year, finally tops 16 million vehicles. At t raisings ful...
June 19, 2024
Stocks as an asset class . Dow advancing 26 points, s p gaining 0. 7 , nasdaq declines. But what really matters is what lurks underneath, because the accumulation of the evidence, the body of proof, so to speak, is in the pudding of individual stocks. Not all that big picture chatter about aggregate numbers that might make stocks in general seem expensive, because theyre trading at 17 times earnings as if there is a there there. Why is it so crucial to remember that individual stocks are much mo...
June 19, 2024
Level, we are watching the vix very closely. Budget deal stocks as well as economic news. A mix to retail sales a little better and joblessness continues to show a weak economy and weak job numbers. Lets look at lulu lemon which was a darling for a long time under pressure, a 11 , going to have a new ceo but todays news is about the fact that their expectations for sales and trends will be lower. Traffic, hard to get products to the stores and quality issues we reported on as well. Dennis the fr...
April 24, 2024
/PRNewswire/ -- A new survey of construction industry employees conducted by Coast, a modern digital fleet fuel and gas card expense management platform that...