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June 21, 2024
For just about everyone else. Which is why the dow tumbled 105 points today. S p lost 0. 61 and the nasdaq climbed up. First a word about leadership. I learned about this from the Television Show that got me interested in the wall street to begin with walk street. There was a funfilled review of the week and the panelists revered, and theyd opine about leadership groups. Its where i first heard cyclicals although lou would say, that sounds like a washing machine, speak english and marty would sa...
June 21, 2024
Down. Musk wants to commercialize space flight and hopes reusable rockets will reduce costs. Well get you up to speed on the markets in terms of the futures. Of course things will change in a big way but the dow looks higher and its surprising because well explain why in a moment. 48 points higher now. Nasdaq up 48 points and s p 500 up over 5 points. Its official. This mornings big corporate buzz story, the eu is just now announcing the antitrust moves expected against google. These are just cr...
June 21, 2024
Draghis News Conference. The European Union filing anti trust charges against google. Earnings, bank of america missing. First up a Stunning Development at the ecb News Conference after president mario started speaking he was interrupted by a female protester. Take a listen. This is immediate coverage giving the protester everything she wants. They left rates unchanged, guys after the first month of qe running at 60 billion euros a month. I have to tell you. Yes, those are pyro techniques no dou...
June 20, 2024
That apollo group will buy chuck j. Just. And then with citigroup, now sayingite going to replace all customer debit cards involved in data breaches at target. The New York Times reports that the bank did not place the cards sooner because it warchblted to minimize disruptions during the Holiday Season. Yeah. United health is is tha jacket on . I think it might be at this point. Revenue, 3311. 2 billion. I dont have the right number to compare that to. Net margin, 4. 6 . Watch pretty closely now...
June 20, 2024
The buyback of greek debt will in fact work. Were seeing just fractions of a percent in terms of changes there. Our road map this morning starts with the latest in the fiscal cliff negotiations. The white house promptly rebuffs the gop counterproposal which calls for 800 billion in new tax revenue but without tax rate increases for the wealthy. Could this tax issue deadlock the talks . Bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. Even more ...
June 20, 2024
Weve been in a range for some time. You can see of course 3 well in the rear, isnt it . Nobodys talking taper too much anymore. As for europe, lets take a look. Kind of a mixed bag overall on the couldnt net. Lets go to our road map. It starts where else would you expect it . Hope with washington, leading to hope for investors but for how long . Well take a closer look at where the markets are headed the day after that big, big point gain on the dow. And Bank Earnings kicking off this morning. J...
June 20, 2024
Shutdown. And of course many natonal parkare still shut. But ots of nonessential staff are also down and you had that to those that are pd to clear brush and federal land and this is really turning into a provbial zoo. But it gets worse. Members of the house actually have to pick up and clean their own houses. How terrie. Now, its hard to believe. How about someone to put this into perspective. My next guest. Mercedes, i have to tell you that there is a clock in a llway, everyone walks past it, ...
June 20, 2024
Shutdown. And of course Many National parks are still shut. But lots of nonessential staff e also dowand you had that to hose that are paid to clear brush and federal land and this is really turning into a proverbial zoo. But it gets worse. Members ofthe house actually have to pick up and clean their own houses. Howterrible. Now, its hard to believe. How out someone to ut this into perspective. My next guest. Mercedes, i have to tell you that there is a clock in a hallway, everyone walks past it...
June 20, 2024
Shutdown. And of course Many National parks are still shut. But lots of nonessential staff are also down and you had that to those that are paid to clear brush and federal land and this is really turning into a proverbial zoo. But it gets worse. Members of the house actually have to pick up and clean their own houses. How terrible. Now, its hard to believe. How about someone to put this into perspective. My next guest. Mercedes, i have to tell you that there is a clock in a hallway, everyone wal...
June 20, 2024
The Insider Trading program of sac capital. A former sac trader, michael steinberg, was convicted of conspiracy fraud for using illegal tips to buy and sell tech stocks. Joins me more before we get into the nuts and bolts, you were in the courtroom . There is always high drama. Anybody who has seen perry mason or law and order knows that they hand the jury to the judge and the judge hands it back to the jury and the four lady announces it. She was about to announce it and mr. Steinberg fainted. ...