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June 19, 2024
Rally in the stock market. Ive been on the show with you before and you can not short the stock market. Market continues to go higher. Huge crisis with ukraine and russia and oil pipes. Doesnt matter. We sell off one day, immediately gets bought. Warren buffett came out said yesterdays dip, 1 of h off alltime high is buying opportunity. This stock market is out of control. I took off a lot of risk. Ive been long the market for yearandahalf. We have adp tomorrow and Employment Situation on friday...
June 19, 2024
Were not going to submit to this kind of ir responsibility. Congress needs to pay our bills on time. Congress needs to pass our budget on time. Congress needs to put an end to governing from crisis to crisis. As zachary gets ready to avoid a nearly 1 billion loss, the chief executive is in line for a 55 million golden handsha handshake. And a breath of fresh air for vestas after they agree on a deal with mitsubishi. Youre watching worldwide exchange, bringing you Business News from around the gl...
June 19, 2024
Weve got to ask yourselves, what continues to propel the bull . I got one for you. How about a stock shortage . How about a supply demand imbalance across multiple sectors of this market . Ive got three different examples of stock shortages that i think can put this particular part of the rally in perspective. The first, its one of the Largest Companies on earth. Its exxon which vaulted 1. 91 today. How in heavens did exxon one of the Largest Companies rally like a small capitalization stock . H...
June 19, 2024
Dow chemical, Procter Gamble, boeing, apple and facebook all being released today. A lot coming up. At 7 30 eastern time, the dow chemical ceo will be joining us and well be hearing from at t ceo john stevens. The company says it had a higher than expect ed amount of customers switching to a new plan. If you take a look at whats been happening with at t shares, youll see at least it was down by 2 after hours, i think. 35. 50 was the last trade. Yum brands getting a boost from stronger sales. Whe...
June 19, 2024
Please submit speaker cards. Items will be appearing on july 8th. Before we call the first item, our budget and finance Committee Meeting is considering the mayors proposed budget through a series of meetings. You can find out when each city deposited department is presenting at the website. With www. Bos. Public comment will take place tomorrow here in the board chambers. Public comment maybe submitted this year by submitting the board of supervisors board website. These budget comment will be ...
June 19, 2024
Trade data out of china. And bernankes fed speech later on today. Tenyear note, one to watch as Mortgage Apps down four weeks in a row. And well keep our eye on europe. Mostly in the red. Our road map begins with the markets, rates are rising, but dont tell the bulls, the dow is 109 points from its alltime closing high. Following in Rupert Murdochs footsteps, the Tribune Company planning to split the broadcasting and Publishing Business taking the same path as murdochs news corcor. And coach get...
June 19, 2024
June 24th and then theres oil, wow, up 16 in two weeks and well talk about why you should expect sticker shock at the gas station in a few moments. First up, as we said, the dow closed yesterdays session up 118 points and thats back from may 28. Futures indicate we are likely to open above that level and charge toward the intraday high of 15. 542. This coming on the latest message of Monetary Policy delivered late yesterday. The dual mandate is to pursue maximum employment and price stability. C...
June 19, 2024
This morning defended the way hisses change defended the outage. He added that he was, quote, proud of the fact that we had an orderly close. Guys, heres how its playing on the front page of paper it is people have not seen. Nasdaq in fresh market failure is the way the journal puts it across the top of the fold. Nasdaq paralyzed by technical breakdown is the ft. And then, jim, usa today, wall street yawns as nasdaq goes dark. I thought that was the most cogent of all. No one really cared. Bob s...
June 19, 2024
Nasdaq jumping. 71 . Weve got to ask yourselves, what continues to propel the bull . I got one for you. How about a stock shortage . How about a supply demand imbalance across multiple sectors of this market . Ive got three different examples of stock shortages that i think can put this particular part of the rally in perspective. The first, its one of the Largest Companies on earth. Its exxon, which vaulted 1. 91 today. How in heavens name can exxon, one of the Largest Companies rally like a sm...
June 19, 2024
The japanese economy posted a record current deficit for december. As for europe, heres a look at the major averages in early trading. These are green arrows with modest advances. The cac is up by 10 points and the ftse is up by 5 points. Well go to Ross Westgate in a minute in london, but for now well go to andrew with the top corporate headlines. Thank you, becky. Welcome back to you and joe from pebble beach. Heres whats going on this morning, a big battle shaping up between carl ikahn and a ...