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June 23, 2024
August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mo...
June 23, 2024
August, september. S p 500 now on track for its best month in four years. It has now turned positive for the year. The nasdaq closed today at a twomonth high, back above 5,000. And the Dow Jones Industrial average notched a 2 1 2 gain just this week. It seems like all those big worries that consume the market like china, earnings, and the Federal Reserve, they dont seem all that big after all. At least for now. Today the blue chip index rose 157 points to 17,646. Nasdaq gained triple 1s. 111. Mo...
June 23, 2024
And not very enthusiastic. The volume not very strong. Lets look at the s p 500. We did have a gaap on tp on the, 12, 14 points, but they sold into it. This is what happened into europe. Even germany bounced on our nonfarm payroll report. But they sold into that as well. A lot of crosscurrents in the markets now. Heres the three biggest ones. The jobs report. Now theres a concern that there will be more fed hikes than the market anticipates. Market anticipating two or three. Fed officials may be...
June 21, 2024
Israel and hamas agree to an unconstitutional unconditional 72 hour ceasefire. Welcome to countdown. From frances secondbiggest bank. It looks like secondquarter earnings have beaten estimates. Thanks to a 7. 8 decline in provisions. Net income rising. It is the highest quarterly. Evel since mid2010 stocks return on equity, which is a key measure of infitability, reaching 8. 8 the Second Quarter, up from 8. 8 from 8. 4 a year earlier. A returnis to receive of at least 10 by 2016. This comes a da...
June 21, 2024
Cant comprehend it. Sometimes youre dazzled by all the ways that this market gives you to make money. Big money. Today was one of those days. Dow climbing 78 points. S p gaining 0. 4 . Let me tell you how that money was made and then more importantly, plain the take aways from each win. Because i need you to understand that the gains in this market have been extraordinary. Why is that . Simple. Its because managements will not let up about their stocks being too cheap. They hate it and they keep...
June 21, 2024
Cloud customers. Turning now to last nights midterm elections, electronic Voting Machines used in a dozen states, including six where there is there zero paper trail that can be traced in terms of technological glitches. Take a look at one experience when trying to cast a vote on a faulty touchscreen. Not working. Board of of the directors of verified voting, a nonprofit that promotes election accuracy, transparency and verifiability. Did we have any of that last night . In many places, no, incl...
June 21, 2024
Dow futures up by about 14 points. S p futures down slightly and nasdaq up slightly. August durable goods. Then at 11 00, the Kansas City Fed survey. Apple having a rough week after, you know, a couple of good weeks, after that new intro. Reports are flying around social media about problems with two of the companys new products. First, there was what we talked about yesterday, there it is, bend gates and it cracks after you try to put it back. Iphone 6 buyers claiming the device can bend when p...
June 21, 2024
Break into supposedly secure systems . Knows an expert who firsthand about the black market. And greetings from a special look at how youtube is shaking up the Entertainment Industry from the creation of youtube stars to the power struggles between studios and programmers. We look at how the video platform changed the game when it comes to the business of entertainment. I want to start with breaking news. Telecom is willing to negotiate a sale of its tmobile unit if it offers to value at 35 per ...
June 21, 2024
And can make calls without a smartphone. And, the video platform that has turned everyday people into global stars. Later, we look at how you to has turned the Entertainment Industry upside down, and how hollywood is now embracing it. Story. Our lead Deutsche Telekom is not closing the door on its subsidiary tmobile u. S. , the nations fourthlargest wireless carrier. The German Company will consider a sale that values tmobile at a minimum of 35 a share. Earlier this month, t mobile rejected an o...
June 21, 2024
Turned everyday people into global stars. Later, we look at how you to has turned the Entertainment Industry upside down, and how hollywood is now embracing it. First, our lead story. Deutsche telekom is not closing the door on its subsidiary tmobile u. S. , the nations fourthlargest wireless carrier. The German Company will consider a sale that values tmobile at a minimum of 35 a share. Earlier this month, t mobile rejected an offer from frances iliad and talks for a commendation with sprint. I...