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June 21, 2024
Road map begins with retail results. Costco sales, bed bath earnings dis appointappoint but walgreen off to a good start. Alcoa, the q1 results miss on the top line. Profit did beat. Shares lower in the premarket. Greece makes its payment to imf. European stocks at new intraday high. Christine lagarde first on cnbc later this morning. But first, davids got breaking news on intel. Thats right. We want to tell people about the talks that have been going on between intel and altera first reported m...
June 21, 2024
Game plan if we get a month will employment report that delivers just enough job Growth Without inflation we could have a spectacular thread the needle rally and thats exactly what happened with the dow rocketing 267 points. Nasdaq pole vaulting 1. 17 . That was easy. It didnt hurt that we got the bullish combination of oil, lower Interest Rates and strong earnings for Key Technology companies. Notably Cyber Security ace cyber arch and the data mining team. It was a spectacular number that drove...
June 21, 2024
Our map goes Something Like this. A lot to talk about. We will start with a stunning quarter boating estimates on the top and bottom line. Company increased capital return. Over 60 million iphones. It looks like apple shares will open at an all time high. It is a busy morning of earnings as well. Shares of merck, pfizer and Bristol Meyers all moving higher in the free market. Numbers from ford disappoint. North america the bright spot. The Company Continues to lose in south america and if europe...
June 21, 2024
German bund got to nearly 80 basis points. Oil relatively flat. The tenyear hit 2. 30. The rising vix, some of these yields went bananas around 6 00 a. M. Eastern. Because of the percentages and how low they are in germany, you have a little change in germany, its a dramatic rate increases. People are losing fortunes. Now its 2 trillion in two weeks. When people say why are some of our stocks down look at the pain. People believe negative rates would get more negative even though there certainly...
June 21, 2024
Lawrence lindsay saying we could see a bond market tantrum if janet yellen and the fed dont raise Interest Rates. A new Study Finds Companies may be buying back stock at a record pace. However, corporate insiders are not. Thats interesting. Coming up well discuss whether thats a sign that executives believe stocks are starting to become too expensive right now. Watching the insider trade. Heres what we see, right now with an hour to go the dow is up 16 points. Buffeted by earnings today. The s p...
June 21, 2024
But we begin with the war on conference. The research conference. Novartis stock is up about 12 this year. But what exactly is this new treatment . What does it mean for those with cancer . Meg terrell got an exclusive tour of the manufacturing plant. Meg, run us through. Mandy, thats right. It sounds a little like Science Fiction but its close to becoming a reality. All you need to know is its a form of immune owe therapy helping your own immune system fight cancer. It will help patients with l...
June 21, 2024
Expand its food and private lines. Why dick lowe said i have to focus on my job. That wide owning trade dove sit. As we head into the last trading session of may, stocks on track to finish the month in the green led by the nasdaq up 3. 2 . S p up 0. 6 . The transports still in correction territory. The transports really are terrible tale of things. Bank of america downgraded some of the great truckers. Commerce is not doing as well. When i looked at that gdp report, first reaction was how much d...
June 20, 2024
Of decline. It caused the averages to slightly rebound. The dow closing up 46 points, pretty impressive. Call me cynical, but i think we need to be careful about getting too excited about any near term resolution. How many times during the debt ceiling debacle, remember that . Did our leaders insist they could hammer out a deal. Even a huge grand bargain to fix the deficit only to have the negotiations unravel. Until we get a resolution, the fiscal cliff will be the most important issue out ther...
June 20, 2024
It caused the averages to slightly rebound. The dow closing up 46 points, pretty impressive. Call me cynical, but i think we need to be careful about getting too excited about any near term resolution. How many times during the debt ceiling debacle, remember that . Did our leaders insist they could hammer out a deal. Even a huge grand bargain to fix the deficit only to have the negotiations unravel. Until we get a resolution, the fiscal cliff will be the most important issue out there. Tonight a...
June 20, 2024
The dow closing up 46 points, pretty impressive. Call me cynical, but i think we need to be careful about getting too excited about any near term resolution. How many times during the debt ceiling debacle, remember that . Did our leaders insist they could hammer out a deal. Even a huge grand bargain to fix the deficit only to have the negotiations unravel. Until we get a resolution, the fiscal cliff will be the most important issue out there. Tonight as part of my game plan, im going to give the...