Page 5 - Irwin Simon News Today

To 30. Housing starts, Building Permits, they are expected to climb a little bit. Industrial production is supposed to be up. At 10 00 a. M. , the university of Michigan Confidence numbers. How my doing . These are important numbers today . If they are good, that can build on the idea that the jobs number was an aberration and that the economy is moving along. Looking backwards, not forwards, we will be getting earnings. Everybody watches ge as an economic oh other. At 7 15, they out last of the...

Does. We have a lot to talk to about. 50 brands. We have to get to the top headlines. Releases this morning, General Electric and Morgan Stanley. Scarlet fu is going to run through the numbers for us. Let us start with Morgan Stanley. Likes tumbled 70 jpmorgan, Morgan Stanley has a set aside money for litigation expenses. That worked out to 1. 2 billion. Legacyelated to the problems of Mortgage Backed securities. We dive into the numbers, half it beat analyst estimates. Revenue topped estimates ...

4,000 level. Not far from the ridiculous heights of 2000. Its simple. On the endless record setting days like today, the smart money is angry. Yes. The smart money is furious. Oh, they are mean, mad, angry. [ booing ] why . They are jealous of the dumb money thats buying stocks and the stocks are going higher. All sorts of stocks. Its infuriating to people who do it for a living, the pros. They hate whats happening now in this market. Its not supposed to happen. Let me give you five reallife exa...

Or why there is so much fretting that the nasdaq is back to the fated 4,000 level. Not far from the ridiculous heights of 2000. Its simple. On the seemingly endless record setting days like today, the smart money is angry. Yes. The smart money is furious. Oh, they are mean, theyre mad, theyre angry. [ booing ] why . They are jealous of the dumb money thats buying stocks and those stocks are going higher. All sorts of stocks. Its just infuriating to the people who do this stuff for a living, the ...

The day when we rallied in the motion and then gave it up right before the close. The dow inching up eight points and the s p declining. 1 and the nasdaq plunging. 7 higher. I like to look at this, and like all healthy bull markets ignores bad news and focuses on good news. Any bull move, any, can be sung to the tune of johnny mercer, acentuate the positive. This is Glass Half Full market. Let me show you how it really works okay . Because so many people have forgotten what theyre like. Im not t...

The day when we rallied in the motion and then gave it up right before the close. The dow inching up eight points and the s p declining. 1 and the nasdaq plunging. 7 higher. I like to look at this, and like all healthy bull markets ignores bad news and focuses on good news. Any bull move, any, can be sung to the tune of johnny mercer, a sej serve wait the positive and. This is Glass Half Full market. Let me show you how it really works okay . Because so many people have forgotten what theyre lik...

2. 61 . As we do every morning, lets take a look at europe and see how those markets are already fairing. Largely, a good deal of red on the board. The percentage declines, well, not too great. Although, a couple there around the 1 mark as you see it there. Lets start with our road map this morning. It starts with day seven of the Government Shutdown. The markets may have been unphased by the shutdown but the possibility of a breach of americas debt ceiling, that is probably the reason you saw t...

What, 263. Wow. Down from 3 not long ago. All right, europe looked pretty good at least last time i checked. That continues to be the case. Largely green, of course. You had the nikkei up after the 4. 2 drop the day previous. Kind of going back around the world the other way as in positively at least so far. Lets get to our roadmap this morning and it starts with those markets which are preparing for as you saw a decline at the open after private Sector Employment data comes in below forecast. A...

This, Oil Moving Higher today on tensions along the gaza strip continuing to build cost and supply risk. Up a full percentage point. Natural gas jumping 2. 33 , colder weather, perhaps that has something to do with it. So we have the worrisome headlines over israel. Also out of washington, d. C. , a little bit of positivity. What have traders got to do with all of this, are they short, neutral . Lets ask three superstar traders at the cme group and the nymex. Notice i did not stay long because i...

Nasdaq fell. 5 and this trust deficit is incredibly intimidating to both home gamers and professionals alike. There seems to be two sides to every story. And the vast number of times in this market, the ugly side is taking precedence. Even as initially the Positive Side seems to be winning. These reverses were forward progress doesnt matter are shocking people and making so many investors rethink whether its even possible to make money in the market. At least at this very moment. First, let me j...