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June 19, 2024
Its wrapping up over the course of the weekend. Those who are left are here because they are either real thinkers or hard partiers but through the course of the week, much has been discussed about the Global Economy and the Global Political situation. In fact, probably the most newsworthy part of the week was the rival of iranian president hasan row wa whowani rohani. He has been on a bit after pr mission, talked to Oil Company Heads to same, come back into iran. Help us get our Oil Production u...
June 19, 2024
Those who are left are here because they are either real thinkers or hard partiers but through the course of the week, much has been discussed about the Global Economy and the Global Political situation. In fact, probably the most newsworthy part of the week was the rival of iranian president hasan row wa whowani rohani. He has been on a bit after pr mission, talked to Oil Company Heads to same, come back into iran. Help us get our Oil Production up to speed and hes been speaking to other leader...
June 19, 2024
Looks like almost a half a percent drop for both the ftse and the dax in germany. In the u. S. , a packed Economic Calendar today. At 8 30, weekly jobless claims. July cpi and empire state survey. Then at 9 00, tick data. 15 minutes later, july industrial production. At 10 00, the philly fed survey and the National Association of Home Builders survey. And the consumer is in focus once again today. Walmart and kohls among the names to show results before the bell. Well be hearing from dell. This ...
June 19, 2024
Apparently to pay more than 30 billion for tmobile. What this now means for the industry and for consumers like you. First, though, lets check in with sue at the New York Stock Exchange. Sue . Good to see you, ty. Stocks are staging a bit of a rally on the back of the European Central banks move to take interestneglect territory. The dow and s p at record highs. Off our best levels but not by much. The Dow Jones Industrial average up about 95 points on the trading session. The s p is higher as w...
June 19, 2024
Which traders appreciated last week. Exactly. Now the question is, has that episode, is that firmly behind us or not . Guy adami was on the show and some others skeptical saying theyre not so sure and today markets are calming down a bit. One of the questions to ponder today. Will the market head higher from here or could we see another pullback on the horizon . Go to cnbc. Com vote and you can weigh in right now. Traders are on a delay over there. Thats right. By the way, take a look at that na...
June 19, 2024
About it. Just to confirm those breaking numbers, in the fourth quarter, first in the number es in at 26 point 03 26. 03 . That is a serious level of unemployment to deal with. Staying above 25 , that is the challenge. I am keeping an eye on the Swiss Company logitech. This is the maker of mice but they also a large portion of their business is in tablet accessories, music accessories and speakers. Upgrading their overall view in terms of guidance and sales. 2. 1 billion and their Third Quarter ...
June 19, 2024
That debate all day and do nothing and then are overruled be the president. Or could i work to change the fundmental ideology of the country, and wont matter if i got a selected or ted cruz got elected or rand paul or mike pence or any of these folks if the American People dont begin to understand what america is all about. And we have lost that. We have lost that. We think july 4th is about barbecues. And more we think its about food stamp barbecues. We think that we the americans founding is a...
June 19, 2024
Ground in massachusetts. Andrew, over to you. Thank you, beck. Its a horrible story. Earlier he spent 88 million buying out the other half of the philadelphia inquirer. His son will now join the board, but other Corporate News this morning. Apple kicking off the Worldwide Developers conference happening today in San Francisco. Ceo tim cook promised the company will enter new product categories this year. Thats what hes been telling everybody. Among the announcements expected from apple are this....
June 19, 2024
Or a sense that the federal government is at last taking Decisive Action against ebola we can finally focus on what we do best, spotting the Top Companies to invest in. Thats why when we have a terrific series of Earnings Reports today as the geo political smoke cleared we could rally as hard as we did with s p flying and nasdaq 2. 7 . Later tonight i go over my check list of positives that i think are creating an investable. I regard next week as the single most important week of earnings seaso...
June 19, 2024
Hasnt been apple or intel or microsoft. Maybe cisco is the one to take us to new highs. The leader today which was positive, amazon, comcast, our parent 100 now and facebook, so, you know, its the new technologies that are leading the way here. Facebook had a nice turnaround after they came out and said they sold apple and buying this one. A big move late in the day but the nasdaq has been positive all day and think that could be the new leader to take us to new highs. Going well off the lows of...