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June 20, 2024
Mediocre, find a cheap index fund, mirrors the s p 500. Then i look at days like today where the dow climbed 400 and the nasdaq jumped. 63 . Im thinking wait a second, why should you have to settle for average when theres so many ways to win with a host of good stocks that can make you serious money on a daily basis that i am promising you you can find yourself. Lets just take a snapshot. A slice of today. Now, you might have been watching janet yellen give a good account of why we should stay t...
June 20, 2024
Shiller and auto sales. The nikkei closed up 56 . The best performance in 41 years. This final shortened trading week, all the major indices coming off big gains last week. As we look back on this great year for the equity markets, did 2003 end up stealing gains from 2014. Well take a closer look. But this year was not a good one for gold. The precious metal having its worst year in more than three decades breaking a 12year winning streak. Google and apple are expanding their fight for tech supr...
June 20, 2024
The latest legal battle between amppple and samsung begs today. A federal jury awarded apple about 1 billion earlier this year, but the judge tossed out 400 million in damages and ordered a new jury to recalculate damages for 13 samsung products that have been found to be infringing apples patent. In other technology news, the wall street journal reports that googles motorola unit is expected to unveil a low cost phone tomorrow. The announcement is said to come amid weak sales. Right now, lets g...
June 20, 2024
Varney company is about to begin. Yep. Got all the cozies. [ grandma ] with n fedexne rate, i could ll a box and ship it r one flat rate. So i kn untilt was full. Yoube crazy not to. Tt nana . [ male announcer ] fedex one rate. Simple, flat rate shipping with the reliability of fedex. Try align. Its the number one ge recommended probiotic that helps maintain digestive balance. Stay in the groove with align. Its a bombshell announcement for obamacare. If your policy was canceled you can get a bar...
June 20, 2024
But first, a check of your Bloomberg Top headlines. A chinese smartphone maker is getting into the tablet business as it broadens its challenge to apple and samsung. The Xiaomi Mi Pad has a seveninch screen and uses the same software as android. We look at how it may shake up the Chinese Market later this hour. And Cloud Computing company rackspace has hired Morgan Stanley to explore strategic options. Could mean a sale to a larger company, a going private transaction, or any type of option, rea...
June 20, 2024
If we move higher on the Dow Jones Industrial gains and close around these levels, you will see the 40th record high of this year. That would obviously be a big, big deal. We have seen a long winning streak. So you do see the nasdaq and the s p have pulled back. Records for these recently, however today a mixed bag. 3m, home depot, Johnson Johnson have hit record highs today. Momentum seems to be still to the upside. Commodities are gaining. The dollar pulling back but certainly a lot of names w...
June 20, 2024
Friday, the the stock market caved on earnings jitters and concerns about mounting trouble in the ukraine. The dow fell141, the nasdaq 72 and s p 16. Gold rallied back about 1,300 and oil dropped 1. 30. Citigroup plans to meet in may with the Justice Department to talk settlements over shady Mortgage Backed securities. And criminal charges have been filed against former ebay executive. Christoper saridakis. Hes acccused of Insider Trading involving ebays purchase of gsi commerce. Lets get down t...
June 20, 2024
Fedex truck crashed into their bus. The ntsb arrived in the last two hours and the c. H. P. Just held a News Conference moments ago. Parts of the investigation will include looking into the Human Factors that could have caused the collision. We do not know if the fedex driver fell asleep or experienced mechanical failure with the vehicle or if there was a separate collision on the southbound side that caused him to lose control. The crash happened 20 miles west of chico and 100 miles north of sa...
June 20, 2024
Bounced above 102 per barrel. Boeing reportedly is set to fight an unfair labor ruling. The National Labor Relations Board said last week it was wrong for the jet maker to video tape peaceful marches by Union Workers in 2012. Malaysia airlines loses more money. The airline recorded a net loss of 137 million as missing flight 370 stressed the company. And hershey is making a billion dollar bid for Russell Stover according to the wall street journal. Trader Philip Streible of rjo futures joins us ...
June 20, 2024
Tunnel. A mini van spun out knocking down a light poll. The van on its side. No injuries reported. For many people, the roads have been a worry. The rain has been welcome for others. It feels good. It is going to make the fish happy, the birds happy. The animals happy, and me. Because i am a snow boarder i like it to rain so it snows . The sierra. Reporter drizzle most of the day didnt seem to interfere with most people. The first umbrellas of the season came out. Nowhere is it more appreciated ...