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June 24, 2024
Back here, he cofounded aol ventures. Another 106 million. And 100 point loss of this morning and first up its apple and apples counsel was on this program and criticized the governments rhetoric. We are working on a replay to the government right now and i think that there is some disconnect between the rhetoric we saw in the justice departments brief and what you heard from the director and president obama about the fact that this is a policy issue. And work through as a policy matter. And got...
June 24, 2024
December. The road map begins with the markets climbing back. Dow and s p back for the year. Oil with a 4 handle. The bidding war for starwood. The hotel change taking a higher offer from chinese anbang. Now marriott has five days to respond. As twitter hits an anniversary, jack dorsey says where the company goes from here. The bidding war in process for starwood. The company that had reached a deal to be acquired by marriott some time ago for 0. 9 shares of marriott and 2 bucks per share, and a...
June 24, 2024
Are betting big bucks the space could continue to take off in a special report. The action begins right now. Lets get right to it because stocks are at twomonth high and the vix at a yeartodate low and high yield is surging. Take a look at the hygf, up nearly 8 from its recent low as the highyield market has seen recordbreaking inflows this week. Do you buy into this rally . Lets get into the money right now. Mike, what do you think . Decided not to start it off with the big bear on the desk thi...
June 24, 2024
2,000point loss at the beginning of 2016, the biggest quarterly comeback since 1933. The new highs come in this year and what to you do with your portfolio. Its impressive. No denying it at all. February 11th at 2 30 in the afternoon, the s p, here we are 240 points later. Tims been on it. Congratulations. Its been a great call. Im not certain we can continue this trajectory. Its just too much. But ill say this, you had some other areas participate today. Financials up a percent. Thats good news...
June 24, 2024
Well break it down. The action begins right now. Lets get right to it, because the only thing that matters for your money next week is bank earnings. Financials are the worstperforming sector this year. The big question here, will it get worse when stocks like jpmorgan and bank of america and citi report next week . Lets get in the money and find out. Mike . You know, i think, obviously, it does matter. Prices for the banks actually indicate that people are really concerned. I mean, if you take ...
June 24, 2024
Brent lower by a dollar, back below 40, decline of 2. 6 . More on the markets in a moment. First we kick things off with tensions running high on the campaign trail politics turning violent. This weekend, the fists come at a trump rally in illinois. The gop frontrunner blaming Bernie Sanders backers. Look at that person, that foolish person. All right, get them out of here. Get them out. Send them back to bernie. Send them back. This isnt the first time violence has erupted at a trump event. Wat...
June 24, 2024
Were unusually quiet, with the average moving a fraction of a percent. Volume at yeartodate lows. Is this the ultimate bull bear showdown ahead of the jobs report tomorrow . Is this the calm before the storm . Guy . I say absolutely yes. I think weve been pretty consistent with this. I think the markets going to continue to rally. I think it rallies tomorrow regardless of whatever number comes out at 8 30. I do think theres a chance we touch 20, 25. I think were going to fail there. A couple of ...
June 24, 2024
Europes higher. Shorts may be coming ahead of draghis meeting tomorrow. Oil is father. Inventories in about five minutes from now. Stocks in the midst of the third longest bull market ever. Well look at what the plays are leading the way. Three new directs have been appointed at valiant. What it means for its company and the struggling shareholders. Another illness youts brake at chipotle causing a store in massachusetts to close. Stock is falling on that market. First the bull market is turning...
June 24, 2024
Big implications for stocks and first the markets. Stocks snapping a fiveday winning streak ending at lows of the session. The s p 500 closing below 2,000. Oil was weak sending Energy Stocks lower by 4 and financials pulled back also to the teen of 11. 5 . So with cracks starting to show in the month long rally that weve seen, which half stocks or sectors could be the first now to burn out . Pete, what do you say . You know, im looking at the Energy Sector and specifically when i look in that se...
June 24, 2024
Surge, what can you still buy in this market . Tim, ill kibblic it off with you today buy the charts that are stick kicking out. Theres no fundamental reason why u. S. Steel should be up 80 this year except people are pricing these guys to go out of business. While the s p is grinding sideways, and we can make a lot of technical arguments and fundamental arguments, you can see they stocks that are breaking out. Oil closes above the 200day. That to me is very significant. We have talked about tha...