Page 85 - Halftime Report News Today

In the dow specifically. Does it continue into this new quarter . Look, i think its news driven at this point. Were done with the quarter, so that means earnings are coming up. I think the markets okay, so im going to let steve take it up. Earnings could break it out for positive news in terms of congress not being at a stalemate. Ab septembsent that, if you loo the indices, the quarter was even better than the 6 for the s p or worse, so youve got to be careful in your selection, more so now tha...

9 rally in the nasdaq. So its pretty reasonable to get some profit taking now that the Second Quarter has begun, isnt it . The selloff this morning was totally natural, and its something that needs to happen to shake out the weak hands, build a better longterm Shareholder Base for the bull. Whats unusual is the strong rebound we got this afternoon, which only allowed the dow to close down 13 points, s p to climb 6. 2 . Some stocks moved up gigant gigantically, especially the nasdaq stocks, at th...

Bit of a bounce. Not much. Were not going down. Trend aint your friend. Its been a downside. Look, target, it was. Reporter 225. Right. So i mean, that obviously isnt good for the banks. I think the fundamental story still stands strong for many of the banks, but obviously, this is one of the pieces that theyd like to they would love if this thing started to move and we had a 26. I dont know that were going to see it, scott, but theyll survive and theyll do just fine even in the environment righ...

On this note, to scott wapner and the half. Thanks so much. Welcome to the Halftime Report. Im scott wapner. We begin with stocks moving higher this hour on pace for their best day in more than a month. This as earnings season begins hot and heavy tomorrow. Can the rally continue . Well ask that question today to one of wall streets legendary investors, leeon cooperman. Also with us lets begin with a big day on wall street and welcome in lee from florida. Welcome back. Nice to see you again. Nic...

Josh brown. Hey, scott, how are you . Are there opportunities elsewhere . Is it undeniable at this point . Its undeniable and people running money are starting to wake up to this and the benefits are showing up in their po portfolios for the first time. The first time on valuation, a cyclically adjusted pe for the United States is now 30. Weve almost never been this high. Forward returns are not what they were when we were at 17, 18, 19. Developed europe, cape is 17 so about half. Emerging marke...

Well, i agree 100 , mr. President. Thank you very much and again, a tremendous honor to have you in the United States and at maralago. Thank you very much. That is the president. With the president of china. As kayla told you a few minutes ago, no translation in the room. We have had somebody who speaks mandarin listen to that tape and rough translation, but equates to Something Like this meeting has very important meeting for the relationship for china and america. The president was very welcom...

Jim, what tung b about this. 12 month base case, s p 500 target. 2700. Its a bold call. The number that i quibble with is 12 months. I think thats more of a 24 month figure. For that to happen within 12 month, youve got to see a lot of clarity on trumps policies. Particularly tax reform. Unless the price of the index, but i think its a 24month target. Not a 12month. Steve, they say it has less to do with trump in term of the rally. Hes just turbo charged it. They say the cyclical upturn that beg...

Communication twun jona, but the firm is trying to engage the ceo. The interesting part of this story, jana was once short whole foods in 2014. It knows the company and its business quite well result of that campaign. In this case, im told jana is focusing on two tracks here. Operational improvements and b possibly a merger, depending on what offer might be out there. Im told januaa wants to put al the opgs on the table. Jana said to be heavily focused on the board, which has had one new member ...

Yesterday was 2500 executives from Regional Banks in orlando. I was a keynote at their conference and i love to do these things because you learn so much going out, start with a brake light of chardonnay, move to caber nay for dinner, and heres what i learned. This assumption that were going to get this regulatory relief, turn that switch and get instant earnings acceleration, is completely wrong. Heres why. They spent 1 billion as a collective implementing all the regulations into their systems...

Gave that interview about whether his comments opened the airline to more legal liability or not. How is that being received . Move out of the way here. Now we have dr. Daos daughter coming in along with the two attorneys. Theyre going to go up here in front of the reporters. Carl, i think everybody realizes that for united, theyre going to have to reassess everything not only legally but in terms of their procedures and theyve already promised that. There you see dr. Daos daughter sitting down ...