Page 23 - Double Bottom News Today

Sees shares going. But first, we start with the markets. All three of the major indices hitting their highest levels since january 7th. Both the s p and dow not out of correction territory. Heres what was different about today. Bonds they sold off hard. Take a look at the beaten down bank stocks. They had a huge day. So is the rally now confirmed, guy . We talked about it on friday and january 20th, the transports bottoming out and trading really well ever since. In 2025 gets you excited then th...

Delegates needed to win. Ted cruz 13 states and marco rubio has 87 delegates. A verymp i know it was tough night for marco rubio. He works hard. He spent a lot of money. He is a lightweight. Herline meanwhile in victory speech, clinton took what sounded like a shot at rumptrump. Mrs. Clinton it is clear the havesin this election never been higher, and the rhetoric we are hearing on the other side has never been lower. Trying to divide america between us and them is wrong. And were not going to l...

He was one of six people who underwent the shale revolution. He was one of the founding voices. He lobbied and washington, breaking away from the oil lobby. Scarlet chronicle for us his rise and fall. Man, acquiringd the rights to drill on a property and tries to sell them for a profit. With is to pay chesapeake, he amassed 15 million acres. 13, it wasces were a great plan. Under have now fallen to two dollars. Alix charif souki new Aubrey Mcclendon personally, and aubrey of the peopleone who co...

About how far weve come in a market for the s p 500 that has just about tripled. The dow jones not nearly as much, but still a huge move higher. The charts, this is in real tile. The dow industrials, yes, up 160 since that march 9th closing low. The s p 500, 193 , so yes, nearly a triple 676, that was the closing low price on the 9th, 666, the number of the beast, day low the day before. Nasdaq composite setting it up 267 . If you take a look at the next layer of the onion, where we saw the bigg...

Biotech is down 3 . A lot of this is politics and the unknown there but also these stocks were super, super great performers over the last five, six, or seven years and i still think theyre pretty overowned so i think that you can actually, based on the bull packs, i think you can start to look at some of the bio techs and i do still think you juan to find special situation stories. Either new management teams or companies that have gotten hit really hard from currency so im kind of looking at S...

Parts of the economy are too good. We no longer need to be frightened that strong earnings mean look out. The Federal Reserve will make that earnings number the last good quarter. What a welcome relief. [ applause ] as march goes out not like a lion or a bear but a bull, the dow gaining 84 points, North Carolina up. 47 . How did this happen given how bad january was . I think we need to listen to the cautious janet yellen, the fed chief with the common touch who doesnt want to bring down the eco...

Unchanged and signaled two rate hikes later on this year. Now, that looks like the fed seemingly has cold feet so what are you doing with your portfolio at this point . Guy . I think you stay with the cold market. I think gold is telling you everything you need to know over the last three weeks to the last month and a half where on every rally in the s p where gold should have sold off it has not and its gone higher. Look at the move today. Obviously hey lot has to do with the weaker dollar here...

Expectations usually equals a good earnings reaction. Could this be a recipe for stocks to hit new highs . A hundred percent it could. Think about the resilience. Im not going to pretend ive been a raging bull, i absolutely have not. Think about the resilience of the market. Thursday night you heard from microsoft, starbucks, google, disastrous outcomes in terms of what the stock did. Yet the s p was flat on friday and down a few handles today. Actually rallied back from being down double gij it...

Market. Look who is barks guy adammy. Petey is back, too. Two of you. Were back. Different ends of the world. The answer is i dont know if youre betting on the consumer but you can bet on certain stocks. Cocacola is a name we talked about over the last couple of months talking about the potential for there to be no triple tops and now this stock is breaking out. I think it made an alltime high today. I think valuations are reasonable, so you want to call it betting on the consumer, thats fine. I...

Bet. Weve got the four stocks you need to avoid and first start off with the markets closing at twomonth highs with the s p closing just a hair above 2,000, what a week, s p posting gains of 7. 2 and this might be the reason why. Oil, its best week since august, a stunning 10 move this week alone. So where do we go from here and as we even look out to the ecb and chinas National Congress next week, is oil still the key to this market in. Guy. I think it is, it started on february 6th and we talk...