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July 16, 2024
On united. Lower after reported earnings. United losing 1. 8 billion in the third quarter. Thats not a surprise. Everyone knows what has been happening. The numbers were a wider loss than estimated revenue fell 78 , coming in shy of expectations at 2. 48 billion. The metric everybody is focused on is the daily cash burn. They were losing 50 million a day at the end of march. They brought it down to 40 million for a daily cash loss. Bring it down to 25 million in q three. Their core cash burn com...
July 16, 2024
This is a trade war that seems stob a manufacturing trade war to what extent we get that tomorrow it should be noted that last months ism services was a very bullish number which had the markets reverse a twotai plunge like the one we had when people thought okay here we go but you had adp showing the labor market could be if you look at the threemonth average on jobs on adp down about 85,000 over the 12in month but not much changing. Karen you said last night you were getting worried youre more...
July 16, 2024
The market rewinding as the fed rate cut hopes are dampened. Wall street is getting more bearish as Morgan Stanley says to sell stocks now euro banks are in turmoil as Deutsche Bank takes measures to restructure. Did it come too far too fast, and are we about to see a stock rewind guy . Number one karens back, youre everybodys back now gangs all here all here. And the matching outfit matchymatchy cute. Whats wrong, dan i havent seen you in a month and youre already discounting me no, im loving t...
July 3, 2024
I got it. If this stock is a buy or should get kicked to the curb. Do you know the show hasnt started i know. Getting away from you. Youre not supposed to talk yet. Were excited. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, who is already made his appearance. Chatty tim. Steve grasso, guy adami and julie beal. We start off with the potential turmoil in washington. The house without a permanent speaker after housing Kevin Mccarthy last night. So...
June 28, 2024
The monday session could stocks are rising after falling. These currencies are falling against the dollar with yields rising in greece and portugal, and switzerland. Manufacturing expanded the strongest pace in over six years. Factories across the region taking on more workers to deal with surging orders. Growth rates improving in most of countries including france and italy. Signaling expansion since the last time in 2015. Signaling that the recovery in the eurozone a strengthening after years ...
November 20, 2018
>> we get a press conference from chairman powell. october 3rd, he gave a speech i think triggered massive selloff and the market hasnt recovered. melissa, i want to bring you in. many things gnawing at the market. you can argue it is oversold, that doesnt mean it will stop going down. >> it hasnt. selling begets selling, people panic. every single professional article i read today was telling people to sell. they are creating panic in people. get out now or regret it. honestly, when i look at t...