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July 16, 2024
I know that chips are not, of course, a specific Coverage Area this is a big deal at a very confusing time for many in the market what do you take awa from a move like this and what sorts of changes or adjustments do you see . It is very, very interesting. Were in the middle of a pandemic, but it dung change the fact that a lott of companies are doing deals and acquisitions there is still strength and still a lot of people making money in this market there is an area that we need to participate ...
July 16, 2024
It all about the guidance as well will we get a big ozark on netflix. Their numbers are coming out big banks as well. Everybody, a big week for earnings welcome. A big day for the markets as well let us begin with the rally on wall street. The nasdaq hitting record highs. A bunch of big Tech Technology names. Continue to make new highs when you look at this market could you ever predicted four, six, eight weeks ago that we would have gained 20 and 30 in matter of weeks even as the country contin...
July 16, 2024
Recently as the country reopens, arizona has been easing lockdown restrictions over the weekend on salons and on restaurants. The mayor of scottsdale will join us. Kelly, back to you as you mentioned, tech stocks are out performing today once again as the market climbs back toward record highs but a number of other sectors have been left in the dust. Bob is here with more. Bob. Lot of disparities out there. Its not everybody up. I want sthto show you the s p 5. Were trying to breakthrough multim...
July 16, 2024
Kelly. The dow shedding 5 in lets get to bob for more on this sell off. Bob. I think the key here today is oils impact but its impacting things outside the oil market. Leets ta lets take a look at the sectors. The two biggest that are out there, tech and financials are the weakst ones. They will put pressure on the s p 500 because they are a big part of the overall market capitalization industrial is also weak. Energy is not among the big pressure points in the s p 500 today. I want to poipt out...
July 16, 2024
Lunch. Take a look at where we stand with the markets stocks are higher across the board as investors brace for the busiest week of earning season thus far the s p pacing for its best month since 1991, if you can believe that thats as Oil Continues to crash. Crude down about 20 today supply over flows and demand craters in our calmed economic world. As america looks to reopen the economy grads yually, purdue sas class will be in session this fall the University President Mitch Daniels said there...
July 16, 2024
Next for oil stocks kiging off in the red theres more than 750 cases 5 750,000, i beg your par doon well talk about that and more as we kick off this hour we kick it off with the markets in terms of Stocks Holding steady as energy is in a free fall. Its the story of the day. It will be the story of this hour lets get to bob with the set up for these markets. Bob. The important thing is we are well off of the lows. Industrials weak Consumer Staples are weak. Were not getting any bounce at all fro...
July 16, 2024
They keep opec happy there are now more than 368,000 confirmed coronavirus cases in the United States. This is according to Johns Hopkins. How they tracking the virus and if peak in new cases is near lets send oifrt to kelly. I always feel better when i see you in that lovely set up there. Thank you bob is tracking the market moves for us bob, lets start with you. Were coming off the highs here. A few sectors are participating. Its good to see the banks up again. Its good to see the Energy Stock...
July 16, 2024
Last weeks big rally with saudi arabia and russia feud over cuts the oil market taking a hit today. We do have full Team Coverage of these markets for you. Bob and rick covering the action in stocks and bonds. Steve on the latest economic fall out from the virus. Bob, well kick it off with you and this rally that just keeps building it started early on we got right up great overseas numbers. When Governor Cuomo started talking a couple of hours ago, we moved up on his comments on hopes for plate...
July 16, 2024
Our nation shutdown, this group is under serious pressure. Well get the latest from former macys ceo that is coming up this hour. We begin with latest developments our reporters are standing by to track the action for you kayla following the passing of ta that recovery bill in washington steve is breaking down the moves by a very busy fed kayla, lets begin with you. Reporter after a chaotic 24 hours and a few couple week of tense negotiations, this lbill passed the house in under a minute with a...
July 16, 2024
In the United States nears 50,000 the moves comes as the president pushes to reopen the country for business by easter well have more on that in a minute lets get right over to bob for more on what is leading this rally. Hi, bob. This has been a very powerful rally. We are off of our highs. We had some tremendous volume moves early in the morning as we kept hitting new highs thats a good sign were offer the highs. The most beaten up sectors are the leaders. Industries down 27, 28 . We were 80 on...