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July 16, 2024
This friday right now. Good morning, im dominic chu in for Brian Sullivan it is friday, december 13, 2019. Happy friday the 13th. After a record breaking day on wall street. The dow closing off the highs after hitting the 16th interday high, the s p coming off the second high record close it would go up another 11 points if if holds. Dow would go up by 112 and the nasdaq by 35 we are seeing some signs of life the 10year note yield just below 1. 89 . Twoyear yields 1. 64 . Around the world, asia ...
July 16, 2024
Dow. Major averages are poised to end the week higher. Waiting on cloud flare ipo right now, indicated price between 17. 5 and 18. 5 dollars, thats where were going to start. Ipos we were choosing the nasdaq to list its ipo, and announcing sweeping governance changes. Swirling amidst several valuation drops, this after smiledirectclub posted the worst first day for unicorns so far this year. That stock is up 10 this morning. Also cloud flare, we mentioned it, coming today who will speak to you l...
July 16, 2024
100 accurate all the time, of course, other tv weather forecasters cheat just a little bit. They over predict rain. Here is why. If they are right and it rains, they are accurate. If it doesnt rain, nobody cares they said it would. They just go enjoy the day. Keep that in mind as you hear one in three economists surveyed by the National Association of business economics says the u. S. Economy will be in recession by 2021. That jumps to three in four if you extend the guess out to the end of 2021...
June 29, 2024
Taking a look at stocks today, maybe people are reacting to earnings. Olivia we have seen betterthanexpected corporate earnings. A couple of pharma companies, ford, ofrd course. A little disappointment on the top line, but Financial Engineering boosting the bottom line. Things have called down a little calm to down a little bit. We see some movement in the british pound, gaining against the euro, the biggest move in about two weeks after british gdp gaming out came out, showing the economy grew ...
June 21, 2024
I think that the focus of this weeks imf meetings is very important. Its how do we make sure that theres stronger growth around the world. That would actually lead to currency values changing a bit. Shares rise to the top of the ftse 100 as consumer goods giants benefits from a weaker dollar. But they blame the strong green back for lackluster results while they see sales slow due to greek demand in the u. K. Home market. Were getting some flashes coming out of the ecb. Theyre saying growth will...
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 19, 2024
Are you feeling . Outside. 19 degrees freezing. Brutal. Lets go to our big picture, the free charge you need to see to let you know kekua what is happening. Look at the s p 500. We may be able to eke out a positive day, which will be the first time in past 40 that will will be up we will be up. Back to the flat line. Taking a look at the dollar index, it has generally been up today, right now also flat. We have the fed meeting next week, tuesday and. If in fact what we see this week is better fr...