Im going to defer to one of our panelist, stephanie long, behind this move all the way, people selling the stocks even down to the caterpillar sell by Goldman Sachs saying this is your opportunity i hope you do talk emerson this is a remarkable time, and there are very few people who understood it was about to happen and theres a stock shortage of machinery companies. We have all the companies that you want in biotech. We do not have enough machinery and Cyclical Companies thats a big part of this. Is this, steph, the way to really capitalize on whats happening . Not only with taxes, perhaps infrastructure, but the synchronized Global Recovery that weve been noting every day. Thats why you want to own industrials, when you think the global economies are improving and when the dollar has come back and been pretty tame, when end markets are actually strengthening and commodities are stabilizing and commodities are moving up across the board thats when you want to have a whole hodgepodge
Record stock rally off to the best start, best yearly start in more than a decade. Apple addicts, billionaire share hoerlds urging the iphone maker to take action against the long term consequences of childrens smartphone overuse. Nvidia saes big bet on autonomous driving, teaming up with vw. The best start to a year since 06, closing the week at record highs and s p and nasdaq turning in the best week since december of 2016 and the street now beginning to look ahead to earnings season wells fargo coming out with results later in the week well get Inflation Numbers and retail sales and citi and Media Conference and Morgan Health care conference. You mentioned nvidia and wong going down to consumer conference tomorrow. Whats happening is an interesting opportunity, the futures are down for once. People can get in provided that the stocks themselves dont go up im talking about caterpillar, United Technologies and nvidia, they are ramping, maybe let them come in and get a chance the resea
Market theres a handledful of family names. Do we have to pick . Chips, chips, chips. All right though i will tell you i do like wow google valuation. I think its but you said chips. Yeah. Hes guess his own pasti counter. Had e. It valuation you have to like my chron. Add it to the conviction by a list thats underperformed the news that came out last week, i think it does benefit, so those are three chips i like. There you go cornucopia, smorgasbord. He pistachioedd, bottom line is i think the chips are recovers from what was clearly a lot of profittaking, they were the once that were parabowl is they had the once that were multiple when i and make even netflix, so here i am, theyre ultimately names that have a lot of growth in 2018. If anything i think they are show he emphasize stocks google, as guy said, when he talked about everything possible, actually has a great valuation. Oy actually think you said something smart there. Sit think you have to think about how theyre positioned a
And ive always said this. Its nice to have kids because you need to live to watch them grow up, right i guess time is passing, they cant grow up. Did you have a nice day we did. I i dont know, i thought i had a free rain ein to imbibe. You cant tell what youre doing until its too late. So i have a picture we had a cake when we got home. I was laying on the couch and they took a picture of me because i wouldnt sit up to eat the cake you need those glasses that we had stounounds like a good birth we went in the big city it was fun. Happy belated birthday. Thank you. Folks, lets check out the u. S. Equity futures. The second trading week of the year green arrows dow was up by 577 points gain of 2. 3 nasdaq up by even more 3. 4 just in the first four trading days looks like there are green arrows across the board. Dow futures up comes after big gains up tonight in asia. Nikkei up by. 9. Hang seng up by a quarter of a percent. Shanghai up. Early trading in europe this morning you will see t
John fortt is live in las vegas at this years Consumer Electronics show so much news coming from ces today, bringing us to faang stocks joining us this morning to talk about it, btigs managing director, andy hargreaves, Senior Research analyst. Good morning to you both on ces, so many of these names are presenting this week, are having workshops for developers, and unveiling ostensibly technologies that are going to drive earnings higher. How much of a catalyst is ces this week . Theres always something that becomes the theme of the show, but it doesnt always necessarily translate into a lot of revenue and Earnings Growth we talked about Artificial Intelligence and the goggles that people were wearing a couple of years ago for virtual reality, excuse me, and didnt really materialize in anything that significant for these companies. So its fun to see new products and hear a lot of the teams update investors to start the year off, but i wouldnt get too overboard on it impacting 2018 or g