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June 25, 2024
Apple, with many of the big suppliers seeing nice gains following reports of the iphone 7 production orders. The run out to a major release of the iphone model has been a great time to buy. Take a look at apple during the 5 and 6 releases. Huge gains into both. The market signaling that now is the perfect time to buy apple as we await the release of the iphone 7 in september. I think it is. We usually talk about apple, its the negative news. Negative, negative, negative. The reason the stock is ...
June 25, 2024
This show just about to kick off. Remember apple has four different operating systems, right . Mobile, mac, watch and tv so there should be a lot to talk about today. Two really big pieces of news were anticipating, tyler, one has to do with siri, that voice activate ed Virtual Assistant a you could use siri to order an uber. There is this fierce war when it comes to Virtual Assistants. Apples siri, alexa, google assistant. These tech giants maybe could use Virtual Assistants to move hardware. F...
June 25, 2024
Retailer issues weak guidance, announces the cfo will step down. Toll brothers is going the opposite direction. Sold more homes at higher prices driving up numbers for latest quarter. And facebook responding to claims that its trending topics are skewed by political bias. The revamp for that company is coming up. But first up, best buy shares falling in the premarket. The Electronics Chain issuing weaker than expected guidance for the quarter, First Quarter results did beat consensus, but domest...
June 25, 2024
Dow is up 25 points. S p is up by 2. Nasdaq up by close to 7. Overnight in asia, better than expected Economic Data coming out of japan. Factory output rising. 1 gain to the nikkei up by 166 points. If you take a look at early trading and european markets youll see at this point thing, relatively flat. Red arrows across the board. None of these major averages down by even 0. 2 . A race looking at how european average, up on asia. They read articles like that. They dont last long in these website...
June 25, 2024
Was hit pretty hard. This was something that happened, you saw the yen was going to its highest level as the riskier assets took on hammering ahead of the key central bank. It is not just the u. S. Central bank meeting this week but the bank of japan, the bank of england and the Swiss National bank. Take a look at shanghai composite down by 3 . The hang seng down by 2. 5 . In germany this morning, the dax is down by 1 with similar declines at the cac and france. And well look at crude oil, this ...
June 25, 2024
Check out early trade, youll see green arrows. Major gainers looks like france up 1. 3 . Italy is also up by 1. 5 . Take a look at crude oil prices this morning, things down by 14 cents 47. 94. Fed speak holding attention. Patrick harker joined the chorus. He argued that a june data rate height. Who . Thats who he is, Patrick Harker. The fed meets june 14th and 15th. Harker not a voting fmoc member this year. So whether what he says matters, its a bit of debate. Do they care about the consensus ...
June 25, 2024
First we start off with the market, stocks surging today, posting their best gains since midmarch. Rallying by more than 1 . Heres what was really interesting. Stocks rallied along with the dollar, along with crude, while we watch bonds sell off. Are we finally breaking out of the range and it is now time to finally give up that bear suit . Biggest bear on the desk, b. K. Oh, me . You and your bear suit. First of all the answer is absolutely not. Primarily because b. K. s not in the habit of buy...
June 25, 2024
Weak tln weakness there. You did see the dax is down by 0. 8 . Losses by more than 1 in germany. The cac is down by 1. 3 . Take a look at the benchmark, tenyear german bund, turning negative, 0. 013 . That comes after pressure on treasuries around the globe yesterday. You saw the u. S. Tenyear, yelled was at its lowest level for sometimes since 2012. That was 1. 6 . This morning, even lower, 1. 586 . When you check out the 30year, 2. 58 . And the nasdaq bass down. And shanghai composite managed ...
June 25, 2024
You why Something Else may be the key to oils next move. But first, we start with the markets. It was, of course, a tough day for stocks, i guess. The dow down 150 points at its lows. Although both the dow and s p eked out gains for the month of may. And the losses come as expectations mount for a Federal Reserve Interest Rate rise as the dollar enters a twomonth high. What do you do with your portfolio now . I dont see anything wrong with going for the protection, especially at the levels comin...
June 25, 2024
Werewolves of london good morning, welcome to Worldwide Exchange on cnbc. Im sara eisen along withdom chu. Thank you for being here. Wilfred is in london. For the big brexit vote. Well be joining him there tomorrow. First, lets check on the Global Market picture this morning. U. S. Equity futures giving back some of yesterdays pretty strong rally. Yes, stocks closed in a high. But still a broadbased rally. Look at the turnaround there. Futures up higher. Dow futures up nine, s p up 7, nasdaq up ...