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July 16, 2024
Dow jones up better than 600 points. S p 500 racing ahead. Over 200 day moving average. A lot of technicians Pay Attention to that. Chicken entrails and tea leaves to moi. A lot of people Pay Attention. Nasdaq three or 4 from alltime highs. Already in positive territory but from all time highs. Greasing the skids, hope for a vaccine sooner than later and Nine Companies are into that, thats right, Nine Companies. Well get into that in a second. Optimistic comments from companies as we speak from ...
July 16, 2024
A round table discussion with industry executives so thats happening or about to happen at the white house, well bring you any comments that come from the white house this hour. The major averages are up for the second week in a row. You see the numbers the dow up well over 3 almost 4 in what was a holiday shortened week, the month the dow and the s p 500 up more than 4 a piece and look at the nasdac up nearly 7 , 6. 75 all up for the second month in a row so thats how we close out the month of ...
July 16, 2024
Second week in a row that its starting out just in the right way. Yeah. I think theres people who just feel that this great shutdown is over obviously its worldwide the spending will begin again. I keep hearing that theres a surprising number of survivors that its not as bad as we thought. With the exception of some mortgages and some credit card, the forbearance wont really reverberate through the system reverberates to the banks. I know theres people who want to try to get the banks going. I s...
July 16, 2024
Protests in atlanta. The shooting now ruled a homicide. Parts of seattle remain under siege. The mayor supporting protestors calling their actions an act of patriotism, President Trump saying that the mayor and governor should be ashamed of themselves tweeting that the matter can easily be fixed. Mortgage rates dropping to a record low, quick and loans ceo joins me at 8 30 a. M. Eastern time. Find out who can take advantage of low rates and what it could mean for housing recovery. Mornings with ...
July 16, 2024
Big tech is seen as a haven and growth play because they continue see demand for their products and services and have sheet to write out this disruption. Havens are in favor. You can see 68 basis points. The dollar edges higher for the fourth day in five. Indexes are coming off their lows. There is still a lot of trading day to go, but by the dip but buy the dip seems to be in effect. David another narrative we have been seeing is a divergence between mason street and wall street between main st...
July 16, 2024
A research and olympics she is also the author of fed up an insiders take on why the Federal Reserve is bad for america as well as they call mr Bloomberg View and in new york we cross to marshall our back is a Research Associate for the Levy Institute at our college a contributor to independent Media Institute as well as a member of america compass or a newly established think tank for him to restore an economic consensus that into sizes the importance of Family Community and industry to the nat...
July 16, 2024
That were thought to benefit if we have a slow and healthy unwinding of all of this but dont be surprised if these weigh on the markets because in the sixblock area of a beautiful city its unsiege as occupy seattle if you will, dan springer knows it well, he hes been reporting better than anyone else, dan its a tough position for the mayor to be in, the police chief to be in because they dont seem to be on the same page and id imagine people who live and work in the area but how are things going...
July 16, 2024
Should congress pay people to come back to work or cut the spigots off. I will ask congressman matt gaetz about that and so much more on making money. Charles stocks making a huge turn around this morning but i think several factors influenced pressure of selling in the last several sessions. The main problem i think is the fact that the market was and still is overbought. I take issue with blaming Retail Investors for being too enthusiastic. Second concerns about the economy as states do delay ...
July 16, 2024
Nation to closer to fulfilling her uncles dream. Ibm getting out of facial recognition business saying it could be used for good more than evil. The tech giant warning of dangers of technology. This is big news. Well have a whole lot more on that and more on making money. Charles all right, folks, nasdaq crossing the 10,000 mark for the First Time Ever but today well its clear that the overall rally is a little bit tired. Maybe looking to take a break, consolidate some gains. On that note we are...
July 16, 2024
The National Guard is ordered out of washington as people protest continues. Lets check on the markets. Saw ong those gains we friday, resuming the rally on better than expected jobs numbers from that job support. We are seeing new zealand trading higher. Bouncing back from the friday selloff. Sidney, we dont have trading today due to the queens birthday, long weekend. We are watching the aussie dollar. In terms of u. S. Futures, we have seen a pop up of about 0. 5 . Lets look at the oil patch. ...