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June 25, 2024
Mea meant. Investors run for the exits. 181 points. Speed plunging 9. 4 . The house of pain. Remember how this market works. It has not one but two masters. The first is oil. If oil rallies, the stock market almost always goes higher. Thats been the pattern. Been the pattern since the bottom on february 10th, which is easy, because its my birthday. The federal reserve. Its one mean task master. Bulls want this these two separate. You know who always wins in the bear is almost always the first, l...
June 25, 2024
The action begins right now. Lets get right to it. 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 . Dan, what do you think . Heres the thing. We had a lot going on here. The april minutes. I think what happened is, the fed really effectively thought that or relayed the thought Market Participants were mispricing the june rates. That would be the second increase in ten years, since jun...
June 25, 2024
Tiffanys now kind of hanging in there though. And delta is looking to make those tsa lines shorter this summer. Phil lebeau is live in atlanta with details. And hes going wait on a tsa line for us. Team player. And the one stock in berk shers beneficial she doesnt agree with. Shires beneficial she doesnt agree with. What could it be . Well find it. Steve leisman looks at the improving Economic Data weve seen. And jackie deing angeles is following stuff. And more. Two development that is the mark...
June 25, 2024
Them could impact the business world. And a new peek at the hyper loop. 060 in 1. 1 seconds. Phil lebeau is there and well have the latest del tails. Holy cow. Plus the governor of North Carolina will join us to discuss the impact of that controversial bathroom bill thats caused hundreds, from businesses to boycotters to ban his state. Take a wlook at all of the names being dragged down by macys. Sales missed expectations and also slashed its outlook for the year. That is its fifth straight Quar...
June 25, 2024
It is currently below where it is trading now . Well, it is affecting the direction of the market that wanted to point higher. When it relate s s to apple wit sitting at 89. 80, and make the short trade and go against the big Balance Sheet . I am not sure it is something that you want to do, and if you believe it is the right move, you have to hope it is getting to 80 and not going to be buying back the stocks. And on the longer term basis, i believe in apple and the story and the the vision and...
June 25, 2024
Could make this the summer of the road trip. And what happens if gasoline prices start to go up again . We have a recap of that coming up here. But lets start with todays top story. That speech from janet yellen, steve liesman, where she did. She thinks its headed toward a 2 goal with the oil prices up and dollar stabilizing. She said in a conversation at harvard she expects the economy to strengthen and rates to rise. Its appropriate and ive said this in the past. I think for the fed to gradual...
June 25, 2024
And coming up, chuck robins talking earnings. Thats moments away. Our top story in s. An egyptair flight. This appeared from radar over the mediterranean. They had 66 passengers and crew onboard. Weve been watching this story and she joins thus morning. Good morning. We just heard from the minister of Civil Aviation in egypt. He said he is launching a joint investigation with french authorities trying to find out what happened to egyptair flight 804. The big question Going Forward is what exactl...
June 25, 2024
Highs today and both Companies Near equal and market cap. Are these tech stocks the ones you need to have in your port follow portfolio right now, guy . Steve has been all over this but given the valuation and run and the stability of earnings, facebook is the name for me. What do you say, dan . If youre picking a would you rather, id say facebook if you didnt have to pick. Both . Listen, i have a lot of fundamental issues with amazon. If you k llook out five years, facebook will be more valuabl...
June 25, 2024
The action begins right now. Lets get right to it. 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 . Dan, what do you think . Heres the thing. We had a lot going on here. The april minutes. I think what happened is, the fed really effectively thought that or relayed the thought Market Participants were giving the june rates. That would be the second increase in ten years, since june of...
June 25, 2024
There. The cac in france down by close to 1 . In italy the ftse was down by 2. 19 . The dax is off by just ov over. 60 . Also, well check out crude oil prices today. Crude oil after a big rebound you can see is down by 1. 25 . Wti for july, that is a new contract, is now trading at 47. 81. Okay. We have a big top story to talk about this morning. A potential deal, jer m bayer o a deal valued at 62 billion to buy monsanto. Lets talk to bayers ceo about th this, werner baumann, your decision came ...