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June 27, 2024
Committee and to my left is supervisor katie tang and to my right is supervisor yee and our clerk mr. John carol and linda wong thank you jesse larson and phil jackson from sfgovtv so for assisting us today madam clerk, any announcements . Devices. Completed speaker cards and documents to be included should be submitted to the clerk. Items acted upon today will appear on the may 2 board of supervisors agenda unless otherwise stated. Thank you very much call the first item Revenue Bonds or commer...
June 27, 2024
All right. Ladies and gentlemen, good morning the meeting will come to order this the regularly the Budget Finance Committee excuse me board of supervisors budget finance subcommittee im supervisor cohen chair of this committee and to my left is supervisor katie tang and to my right is supervisor yee and our clerk mr. John carol and linda wong thank you jesse larson and phil jackson from sfgovtv so for assisting us today madam clerk, any announcements . Devices. Completed speaker cards and docum...
June 26, 2024
That the democrats could take not one, but both houses of congress. And im starting to think thats a major reason why stocks arent acting as well as wed expect given that so far earnings season has been pretty darn strong. Even as the dow rallied 41 points today. It is far more muted than one would expect with big rallied intraday usually giving up to selloffs in the late afternoon. Sell, sell, sell. Now, maybe the debate tonight will change things but for the first time in ages, i think its imp...
June 26, 2024
The stock market is the best ladder we have for social mobility. There are millions upon millions of people in this country. There arent that main jobs that pay you a salary fat enough to make the pitch. Even if youre a cheap skate to save every penny you earned. If you want to become really wealthy, unless you have a silver spoon in your mouth, that means planning your financial strategy. Even if you dont have of your paycheck and invest it wisely, you can make your wealth grow, you can become ...
June 26, 2024
The dow gains 67 points, closing over 19,000 for the first time ever. The s p advancing. 22 and the nasdaq climbing. 33. We always hear about beats but what do they really mean . Whats a great one . What really impacts the stock . What moves it. Take out a pen and paper and lets do some learning. The best kind of beat, the quarter we got today from Burlington Stores. Here is a discount clothing chain that has a track record of blowing the numbers and raising its forecast with the analysts aggres...
June 26, 2024
Nasdaq climbing. 33. We always hear about beats but what do they really mean . Whats a great one . What really impacts the stock . What moves it. Take out a pen and paper and lets do some learning. The best kind of beat, the quarter we got today from Burlington Stores. Here is a discount clothing chain that has a track record of blowing the numbers and raising its forecast with the analysts aggressively following along. These kind of situations can be dangerous. After a while, the analysts want ...
June 26, 2024
As represented by the dow jones average, which gained 68 points. And then we had the losers, almost everything in the nasdaq down 1. 39 . Its not done going down, believe me. While the s p 500 fluctuated somewhere in between, ultimately declining 0. 35 . Remember when i said the bulls would love a market that didnt need to rob peter to pay paul . Meaning if there was enough new money coming in from the sidelines, investors wouldnt need to brutally sell stocks in one sector in order to buy them i...
June 26, 2024
While the s p 500 fluctuated somewhere in between, ultimately declining 0. 35 . Remember when i said the bulls would love a market that didnt need to rob peter to pay paul . Meaning if there was enough new money coming in from the sidelines, investors wouldnt need to brutally sell stocks in one sector in order to buy them in another. Well, we clearly havent gotten there yet. This market feels pretty zero sum right now. Today there was highway robby cares, ransom money to buy shares of industrial...
June 26, 2024
While the s p 500 fluctuated somewhere in between, ultimately declining 0. 35 . Remember when i said the bulls would love a market that didnt need to rob peter to pay paul . Meaning if there was enough new money coming in from the sidelines, investors wouldnt need to brutally sell stocks in one sector in order to buy them in another. Well, we clearly havent gotten there yet. This market feels pretty zero sum right now. Today there was highway robbery of the techs and the Health Shares of industr...
June 25, 2024
Highs we have seen. The nasdaq is the worst performer of the three major averages. Being a tech heavy index, it is down 1 , twice the declines we are seeing in the s p in the dow this point. We were seeing much more green on the screen earlier. Health care in industrials have turned more deeply into the red. We have been watching apple in the selloff. It has been mirroring declines in the major averages. Taiwan Semiconductor Shipments for iphone 6 s and seven, the shipments between june and dece...