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June 25, 2024
Bullard told cnbc about a potential june hike. Obviously weve tried to be data dependent, and i dont think theres any reason to prejudge the june meeting at this point. We can wait until we get to the meeting, see what the data say and try to make a good decision there. I think on the issue of press conferences we have made many moves over the years without press conferences, so i think you could make a move without a press conference in this circumstance. The labor market data, as i said, if yo...
June 25, 2024
Lets get right to it because after a volatile week for the markets, the fed looking to pull the trigger on a june hike, whats the safe place for investors to hide from even more volatility . Lets get in the money right now. Dan, what do you think . Heres the thing. We had a lot going on here. Weve got those april minutes. I think what happened is, the fed really effectively thought that or relayed the thought that Market Participants were mispricing the june rates. Lets remember that that would ...
June 25, 2024
Lets get right to it because the job shocker. Shares of banks plummeting. If a rate hike is off the table, will we see more pain from the financials . We kick it off with the chart master. Carter, what do you say . I think you have to assume that not only does it take the hikes off the table, but it maybe pushes them back indefinitely. The price action in the banks is terrible. Its the second biggest sector by weight. We know its been lagging only to be eclipsed by health care in the worst yeart...
June 25, 2024
Home, and so techs and fpgss are leading the way. Josh brown, time to be more bullish about the market despite the headwinds that are perceived to be out there . Well, i are will say this, if you are into the confirmation bias, you are getting it right now, because the tone seems to have shifted almost overnight, and we are challenging the old high going back to may and june of 2015. I dont know if this is the time that we punch through, but we have been here before several time, and this is whe...
June 25, 2024
Bazos. Chairs of intrexon down. The company ceo will join us live to respond on the back of their earnings, too. Thats coming up. Lets get to whats behind this selloff. Mike santolli joins us. There was nothing too specific in terms of news but all day the markets traded a bit heavy. I think you want to point to the flattening of the treasury yield curve. Rick santelli has been talking about all day. Twoyear yield is up. Longer terms are down. Thats a slow growth signal. Also a signal the market...
June 25, 2024
Cramer. You can see the dax, which is not having a great year is up. France and the ftse is down ever so slightly. 10year note yield and wti right at 50 bucks and brent a bit above that. The yield at 1. 854. Lets get to our road map this morning. It begins with more painful retail. Were going to break down all of the big earnings that are out this morning on that front. And is the ipo market back . There are Six Companies making their debut today. U. S. Foods we just mentioned here at the nyc, s...
June 25, 2024
Najarian and steve weiss and bob lebenthal. And so what are you seeing here with the end of sports a authority, and what about this pain . Well, the Sports Authority is the gift that keeps on giving, and i saw the big bankruptcy sign, and judge, did you see the same thing . 10 off . Who does a liquidation at 10 off . Nobody. You know what i did when i saw that . I marched out. Exactly. They better have a lot of money, because nobody is buying money at a place that has a 10 off going out of busin...
June 25, 2024
Suppliers are preparing for big orders of the iphone 7. Plus, tim cook is finishing up that big trip to india. Well have details. Catchy tune. Meanwhile, bowing inking an 11 billion deal. With the arms embargo lifted well tell you what other defense stocks could be affected by this as the president continues his affect through vietnam. A big win for bank of america and the Justice Department. Theyll no longer have to pay 1. 3 million for a countrywide mortgage stamp. Lets start with the gains fo...
June 25, 2024
Apple or a netflix or a tesla. After another day where the market hung in there, the dow gaining 67 points, nasdaq advancing. 26 , starting to be a pretty good year. I think its shining a light on the stocks that i follow in order to get a better feel for whats going on out there in the real economy, both domestic and international. So you have a sense of where we truly are. Lets start with my mainstays. Lets start with the rails. All aboard im always trying to measure the actual strength of our...
June 25, 2024
This show just about to kick off. Remember apple has four different operating systems, right . Mobile, mac, watch and tv so there should be a lot to talk about today. Two really big pieces of news were anticipating, tyler, one has to do with siri, that voice activate ed Virtual Assistant a you could use siri to order an uber. There is this fierce war when it comes to Virtual Assistants. Apples siri, alexa, google assistant. These tech giants maybe could use Virtual Assistants to move hardware. F...