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June 23, 2024
Elaborate escape from a county jail. The sheriff is begging people live noorg the jail to help track them down. The men escaped from the Orange County central mens jail in santa ana, about 30 miles southeast of los angeles. Two of the men are linked to vietnamese gangs so they could be embedded in the large jail. 50,000. One of the inmates is charged with murder, another for attempted murder and the third for kidnapping and torture. One of the most shocking parts of the stories how they were abl...
June 23, 2024
Thats how the picture looks. In fact, the dow and the s p are now positive. Nasdaq trying to get there and that is the story. Crude oil 32 and change. A gain of 2. 6 . The companys bread and butter the iphone may have peaked and can no longer deliver the Growth Investors have come to expect. Youre not one of them though. Slowest growth since 07. Forecasting the first revenue decline in 13 years. Youre thinking about adding to the position you already have. We talked about apple and where it has ...
June 23, 2024
Interest rates today. It left stocks sinking back into oblivion after a rally yesterday. S p sinking. The nasdaq plummeting 2. 18 . [ house of pain ] i have often commented the bear market needs to run the course before we can get on terra firma. Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out o...
June 23, 2024
The 17 year old was shot and is facing several charges after the january 16th incident. We are seeing two perspectives of the shooting has it played out in pine hills. Holly bristow is live with the dramatic scene. Reporter take a look at the body camera video that Orlando Police just released on their twitter page. Hands up. Stop the car. Put your hands up. Put it in park. Reporter that was video from the officers body worn camera. Here is what it looked like from a surveillance camera of a bus...
June 23, 2024
Options actions begins now. Lets get to it. Stocks were not the only thing up today. The dollar, serging after the bank of japan checked the currency under the bus, but thats bad were a hot group of stock in the u. S. Dan, the strong dollar is a head wind. Think about when the dollar rallied. Started to rally the second half of 2014 when the fed indicated they were going to end qe, and the group hit was Consumer Staples because largely 5060 of the biggest names in the group have exposure oversea...
June 23, 2024
European. The tenyear note yield continues to hover around even below that 2 mark. God, i i know. Shocking. Japanese negative to nine years out. Negative to nine years, youre paying them to take your money in japan. And the all important look at oil. Up on friday, down this morning, and we seem to be following on the equity averages. Lets get to our road map this morning. It starts with shares of chipotle are up this morning on some anticipated good news from the cdc. Perhaps a turning point for...
June 23, 2024
Stunning new warning today. The Pacific Coast power house urging investors. Good to talk to you today. Good to be here. You expect the u. S. Economy to grow at an above trend 2 rate. That the fed is likely to hike more than the market is pricing in. That investors are going to be shocked. What gives you that view . So the u. S. Economy even though weve seen sign of slowing down is going to grow at 2 . So trend growth is somewhere below 2. Its nothing very exciting. And while we reached the end o...
June 23, 2024
Market cap facebook has added this week and it could be just the beginning. The action begins right now. All right. Lets get right to t. Stocks werent the only thing up today. Check out the dollar after the bank of japan decided to chuck its currency under the bus. Dan, the strong dollar, really been a headwind. Lets think about what the dollar started to real, the second half of 2014 when the fed intricated they would end qe and one of the first groups that were hit was Consumer Staples because...
June 23, 2024
Lets get right to it. Amid the market turmoil some industrial names like du pont, caterpillar, ibm managed to eke out gains on the week. So is this a safe haven from the storm . Lets get in the money and find out. Dan, im going to guess youre going to say no. Its a pretty easy answer. Look what the dollar did this week. And theres your answer. Some of those stocks you just mentioned got absolutely creamed last year. And they started out the year very poorly. You had this move in the dollar. To m...
June 23, 2024
The futures right now are indicated higher as well. Dow futures up by about 90 points. S p futures up by seven. This is off the lows we had seen this morning. Europe is good too. I think negative Interest Rates reminds me of negative growth. Its too long. Its too many words. We need a new word for these. Some people are writing in to me. What about optist rates. Clever. So japan now has put into effect some outrest rates. Its that simple. Its quicker. Its succinct. Someone suggested that on twit...