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June 23, 2024
Most important sectors in the market. Here is a hint and it could spill trouble for the stock. The action begins right now. All right, let get right to it on a friday night. If things continue to get worse, where do you put your money . Lets get in the money and do it right now. I think you want to go for some safety here. The things working all year long have continued to work. Maybe some high growth evaluation and tech names have goten hit here. That being said i think they will hold between n...
June 23, 2024
Nasdaq futures under pressure as well. London and paris have wrapped up abbreviated sessions. Germany, among the abbreviated markets that are closed on this new years eve. The client is in europe following a pretty brutal month for european stocks. We have seen some selling of treasuries lately. Yields higher today. A bit of a different story. Crude oil, arguably the story of the year. Down again under pressure. Both wti and brent above 30,000 a barrel. Will the s p finish in the green for the y...
June 23, 2024
The action begins right now. Lets get right to it. And if there is one lesson to learn this week, it is just how quickly consensus on popular trades can come undone. So lets get in the money right now. And weve seen it from sectors or bond positioning, it is amazing what has happened this week. Weve had a little bit of a snapback. If you take it how we performed week on week, we have very little change. People are getting whipped. And one of the reason is because people place bets and when i say...
June 23, 2024
Minutes as well. The statement coming at the National Counterterrorism center in mcclain, virginia, where the president meets with his National Security team today. Well go live to d. C. For the latest of whats taking place there. We do want to begin, though, with the arrest of martin skreli. Cnbc Health Care Reporter dan is here with what we know about this case. Mr. Skrelis controversial past, something you have written about on cnbc. Com in the past. He has been under investigation for months...
June 23, 2024
Too. Weve got someone who says its time to start buying names in the energy space and he will tell you where. And with the potential recovery in commodities on the horizon, is the junk bond scare already a thing of the past . We were just getting used to this thing. Weve got a top high yield strategist to give us his take. Weve got the latest details on the frenemy relationship developing between amazon and ups. Thats an interesting story there thats ongoing. Lets start with nike. The shares mak...
June 23, 2024
We begin though with a former high flying stock in turmoil. Shares of chipotle down again. The cdc says its investigating another more recent outbreak of a different strain of e he co e. Downgrading the stock to neutral. The shares are down 4 . Jane wells has the latest. Jane . Hi. Quoting a customer on the website saying i dont know how much more of this i can take. Yet, they still dont know the cause for even the previous outbreak. The latest outbreak, five new cases of people in north dakota,...
June 23, 2024
Gains overseas, and nearly 3 rally in oil prices. All ten s p sectors are in the grin pushing the s p back into positive territory. Talking about is it finally here. The market seems to be just going up and down with the price the longterm trend it looks like its going to raise rates. Thats not you really we saw stocks despite the continued massive drop in oil. Well, i think, mandy, what you got iran, for instance, comes on the market. The opposite it went in the opposite direction when he did t...
June 23, 2024
Shell explain what it is that has her so worried. The action begins right now. Lets get right to it. And if there is one lesson to learn this week, it is just how quickly consensus on popular trades can come undone. So lets get in the money right now. And weve seen it from sectors or bond positioning, it is amazing what has happened this week. Weve had a little bit of a snapback. If you take it how we performed week on week, we have very little change. People are getting whipped. And one of the ...
June 23, 2024
Reimburse their angry investors. That was easy. The tax loss selling has been taken. And thats how you get a day where the dow rallies 185 points. The s p jumps 1. 24 . And dnasdaq declines. The sellers have at long last left the building. Youre looking at what happens when the selling stops since oil went higher for guide reason today. In crazy town when it goes higher its positive. Its because of a decline in inventory. We got an astounding 5. 88 million barrels. This market was off to the rac...
June 23, 2024
Percent or 29 points. Thats where we stand right now on this monday. Well, despite disneys new star wars movie absolutely crushing it over the weekend, crushing all box office records, in fact, the stock keeps on falling. Its down another 1 today. So youre looking at trading since friday, if we can bring up that board as well. There we go. Down from the 112 range to the 106 and change range as we see today. And, mandy, the driver here has been the btig media analyst rich greenfields two cnbc int...