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July 16, 2024
Drop coming up on todays show, were taking a look at how a number of Different Industries are getting back to work in america. Well talk hotels and travel with the ceo of best western plus, walter rob, the former coceo of whole foods will weigh in on grocery trends and well talk about the state of the consumer lets kick things off with a Broader Market a choppy day to kick off the trading week pretty positive. Right near the session highs as we stand on track for a record close for the nasdaq co...
July 16, 2024
Thanks. The dow giving up its early gains. All three of the major averages are lower. Bob has more on these markets. Bob. Were threatening to go positive here late in the day. I want to show you though were down a bit, the sector lee leadership is still intact russell 2000, another good bay banks stronger and retail keeps going up i keep getting asked about this retail rally were seeing. We get these nice moves every day and some of the retailers, the macys, they are still 50 off of are they wer...
July 16, 2024
The close even though it had been there intraday. Beenrange chart we have looking at for months, weeks, it is starting to turn bullish. The range between roughly 2600 and 2800, all back to the since the rally stalled, we have been stuck 3000. To between 2300 and note the higher lows. Theof them put in just over next few weeks or so. The rising moving average tells you that the trend is up. The longterm bulls are supporting the market. Making alike it is break to the upside. Should this work, we ...
July 3, 2024
Tenyear note at 4. 556 . Twoyear note at 4. 927 . As you imagine in the energy world impacted by this. Wti crude is not impacted much. Check out crypto. For you trying to watch what the markets may do over the weekend as people were focused on bitcoin since it was trading as the strikes were taking place. 6 66,609. What was the low, mike . Low 60s. I was actually on twitter trying to understand the maneuverings because of the thesis, if you will, around what bitcoin should or should not be in th...
June 28, 2024
And welcome to power lunch. Im melissa lee. A winning month with a losing day. The major averages lower across the board here. We did hit record highs with the nasdaq and dow jones utility average before the markets went lower. Crude oil, meantime, hitting threemonth lows. Traders are worried the opec led cuts to reduce global inventories are being undermined by those outside of the deal. Financials, big hit here. Regional banks on pace for the third consecutive day of losses. Im michelle caruso...
June 27, 2024
Leapfr leapfrog. Whats leapfrog . Its when a particular companys stock moves up. It causes other stocks to be revalued higher, almost instantly. How does it happen . Lets start playing. Take the actions in the airline the reason we had gary kelly the perfect ceo thug, he had solid things to say about novembers bookings. The name of the traffic pickled up week after week after week postelection. That was news today and the stock quickly moved up smartly. Now we get to the valuation part t. Priced...
June 25, 2024
Were following a developing story out of florida where the tomorrow. In effect for lake mead through 9 pm were following a developing story out of florida where the hunt is on for the arsonist who torched a mosque on the first day of a muslim holiday. Its the same mosque attended by omar mateen. The gunman who carried out the terror attack on the pulse nightclub in june. The video is grainy. But you can easily see someone running from the scene. Got worse. Sot 911 call dispatcher the flames are ...
June 20, 2024
Everybodys talking about. The Malaysian Airlines flight. Disappeared on saturday and no one has a clue as to where the plane actually is. There are a lot of conflicting reports. According to people familiar with data gathered in the and or read, the plane continued to fly for hours after losing contact. The communication minister says otherwise. The Chinese Government released the satellite image which showed a suspected crash area at sea. The surveillance released this morning show nine chinese...
June 20, 2024
One mountain for experts only. Were kicking it off with what everybodys talking about. The Malaysian Airlines flight. Disappeared on saturday and no one has a clue as to where the plane actually is. There are a lot of conflicting reports. According to people familiar with data gathered in the and or fly, the plane continued to for hours after losing contact. The communication minister says otherwise. The Chinese Government released the satellite image which showed a suspected crash area at sea. ...
June 19, 2024
Trade data out of china. And bernankes fed speech later on today. Tenyear note, one to watch as Mortgage Apps down four weeks in a row. And well keep our eye on europe. Mostly in the red. Our road map begins with the markets, rates are rising, but dont tell the bulls, the dow is 109 points from its alltime closing high. Following in Rupert Murdochs footsteps, the Tribune Company planning to split the broadcasting and Publishing Business taking the same path as murdochs news corcor. And coach get...