Page 4 - Jon Pete News Today

Market going and certainly in the near term. In the near term were in a vacuum of news, right . We do get the jpmorgan conference next week so that will be west healthcare and then we have to wait for earnings what ive been doing is ive been looking at companies where fundamentals are still very strong or improving and evaluations are still somewhat attractive the market as a whole is fairly valued a lot of stocks are actually outright expensive so ive been picking very small because i still wan...

To david tepper today to told me the following when i asked him what he thought about stocks it was clear he was very positive telling me, explain to me where this market is rich its not rich with the tax thing that just changed earnings projections. With earnings forecasts going up and Interest Rates where they are, how is this market expensive, he said i dont see the overvaluation. World growth is higher, theres no inflation, the market coming into this year doesnt look rich in fact it looks a...

Fund strat energy, industrials once again leading, less than 20 points away from dow 25,500 tom, you just raised your yearending s p target to 3,025. How did you get there . Well, its just a simple matter of e growing 13 and some expansion gets you to 3,025. So a 10 upside to the market do you think its high enough . You know, our technician was thinking about how he thinks the base case is 3,000 so the s p could do something several hundred points higher than that. I think 3,000 is a good base ...

And into the fryer good thursday morning welcome to squawk alley. Were at post nine of the new york stock exchange. Dow is down 91 currently the worst drop of the year so far. The big news today though, amazon announcing the finalist for the hq2. We have details. Good morning, carl. And lets go straight to a map of the 20 contenders youll see that most of the locations, they fall in the midwest, south, and east coast of the country away from amazons current home of seattle and the west coast in ...

Planned for by investors lets bring in david rosenberg, and scott ren from wells fargo you got me david, let me start with you give me your reaction. Dac david, give me reaction to this mornings report right can you hear me okay i can hear you, there was somebody else in my ear as well. Somebody ordering pizza, i dont know may have been look, i think that it could be a stretch, inflation, we have a situation everybody believed we would get a first big quarter because of the tax cuts and income g...

Stocks have been volatile following the hotter than expected read on inflation weigh negative than positive dow is flat. S p holding on the gains of about ten points doc, did we overreact to that inflation number on cpi . Yes absolutely we overreacted to it. And i know steves got some juice on that, so i wont step on your toes there, steve. But what we did in familiar particular, judge, i think it expoed, we were talking with some port folio managers nancy was talking about that the people that ...

Welcome to squawk alley. Were at post 9. Lets start with the markets on this jobs day the dow crossing back above 22,000 for the first time in two weeks. U. S. Economy added 156,000 new nonfarm pay roles in august. The Unemployment Rate did tick up slightly. Both july and june numbers were also revised Lower National Economic Council director gary cohen joining us earlier. Listen to what he said were look teg trend overall. Were looking at job growth. Were looking at job creation. And we see a l...

Wmaq meteorologist in the house with us today. As of 12 00, category 4 hurricane, but still only a few miles away in terms of wind speeds from a category 5 still very strong and very dangerous storm. You can see it spinning here right off to the right the path its going to take is westnorthwest and go right in between the bahamas and cuba in very warm water. So i do not see this losing much intensity. I even think we could see it intensify a little bit more as we mover forward today and then it ...

Pete, its the least volatile september ever you guys are going to dive into that in a bit over at the telestrator to show us exactly how. But man, the stocks have been steady. Yeah. And i think part of the story, scott, is just the fact that you mentioned steady we talked about rotation those all feed into this i heard bob pisani talking about lack of volumes. But its not a lack of volumes in the derivatives world or options world where we are consistently trading close to just under 17 million ...

And cofounder Roger Mcnamee good morning to everyone the pressure against big tech is not letting up uk Prime Minister theresa may making news saying her cabinet is considering regulating facebook, news organizations this has facebook ceo Sheryl Sandberg prepares to make a trip to capitol hill. Google, twitter set to testify next month roger, in this new oped youre asking them to go further. Mark zuckerberg, if he wants to earn our trust an forgiveness must personally earn it what do you mean by...