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June 30, 2024
Good buy into early end and maybe beyond. But lets start with todays rally. Joining our exchange today is jim kahn, sarge gilfoy, and Rick Santelli at the cme. Rick, im going to start with you if i may ahead of the fed meeting tomorrow weve got a bit of a stealth rally in the pound the pound. The dollar over the last week or so including a little bit today how many rate hikes over the next 13 months are priced in you know, i dont know that much of the dollar activity that were seeing today is ne...
June 30, 2024
Recovers. No one knows why. The question is was it all the algos . Emma chandra is here with first word news. Vladimir putin will have one less opponent in march. Russian officials formerly formally barred the Opposition Leader from running because of a conviction in a fraud case which has been viewed as political retribution. He could have run if his conviction had been canceled. A Spokesman Says the kremlin is concerned about the possibility the u. S. Might extend sanctions against russia. Tha...
June 30, 2024
Hour the major averages have been Holding Steady on light trading. It is a holiday shortened week the dow transport setting another record high. Oil moving big crude and brent crude. Apple shares taking a hit down more than 2 thats the biggest drag on the dow. Reports of iphone x sales are slowing. Mallinckrodt up. Intel down intel will lose the crown as the number one chip maker for the first time in 21 years to samsung. Amazon saying it had its biggest season ever. The echo dot the top selling...
June 30, 2024
Have the upper hand with the democratses shut down the government if they dont get their way. Well see. Big show today, youll be shocked to learn just how much federal bureaucrats make the people who control our lives are laughing all the way to the bank. And business is on notice you got what you wanted. Now you have to invest in america. And heres another shot coming your way. The weather is going to get even colder. You know ive got to love doing this show. I came back from south florida they...
June 30, 2024
Three billboards cleaning up at the Golden Globes it was the women at hollywood taking the spotlight bringing the me too Movement Center stage. Well have a full wrapup coming up i actually saw three billboards we watched it christmas day. I kind of slept through it not because it wasnt a great movie. I had eaten too much. Food coma. I didnt understand it. Ill see it again. There you go. Lets check in on the Global Markets this morning futures are still a mix. The dow and nasdaq up 0. 7, 0. 8 the...
June 30, 2024
Books help ge turnaround . Julie why not . Today, the answer appears to be corporate earnings and other individual stocks pushing things i. Things higher. Nasdaq at records today. As this momentum continues to drive trading. A great story that mike regan recently wrote in business week. He talked about the fear of missing out trade taking hold here, especially with retail investors. We have seen strategists raise their yearend forecasts. 8. 55 is the updated target, the alon yellow line. Quickly...
June 30, 2024
And welcome to power lunch. The dow is up above the 25803, holding on to 26,000, up by. 9 of a percent and big games in ibm and boeing. More ahead and Goldman Sachs shares taking a hit on the back of the earning. Well take a deeper dive into the numbers in a few moment. Thank you. Welcome, im tyler mathisen. And here is what else is happening at this hour facebook, google and twitter fold up to capitol hill and are telling congress they are going beyond screening and removing extremist content f...
June 30, 2024
I am an astrologer this is the welcome is done once again to get into the nitty gritty the fun and betty they ultimately expression oh what station i have a confession to make we are actually in mexico right now oh my god thats true we are in mexico for this a toshi round table and we every prerecorded this so were at the situation round table talking about big plane with our fellow bit coiners and im pretty quoting this so just in case the price has crashed zero or the price has gone to fifty t...
June 29, 2024
Offset the losses. Abigail a good observation. We are looking at risk mixed trading action. The nasdaq little bit lower. Energy one of the top sect yours, not able to offset some of the weakness we are seeing in other names. Take a look at the dow, on pace for another record close. The dow is on pace for its fifth day higher in a row. On paper, its best weeks since the end of tape and of april. And thehad the dow nasdaq closing at record highs for two of the so far three trading days of this wee...
June 29, 2024
London time boost the odds . Keep an eye on that speech later. President trumps suggestion that rhetoric is debt could be wiped out spooks wall street. The comments back. We will discuss. Move, you have barely anything happening here. Ibex. N eye on the it was a big move to the downside and we saw it replicated in other Asset Classes. Keep an eye on how spanish markets are digesting what we got overnight. Lets talk about the gmm and what is happening around the world. Asian markets had a good ni...