New bull run as we get ready for the second half of 2019 . The Halftime Report with scott wapner begins right now. Welcome good to have you with us this monday joe terranova, scott brown, sarat, shannon here. Dow closing in on a new record again. New pace for its best month since october of 2015. Its been a great month. Were going to roll into the second half with pretty good momentum whats going to decide whether we can keep it or not . Well, i think the prevailing trends will remain intact. Take a look at microsoft and walmart. These stocks continue to roll up anyone thats been betting against them have been out for a long time. A lot of people are coming to those stories new. Its shocking how big those market caps are for the respective sectors but you till have people coming to these sectors saying i missed a lot but i still feel theres upside i think that continues the two best looking sectors believe it or not right now away from tech continue to be Consumer Staples xlp. And agai
Us. I am maria bartiromo, thursday march 21. Your top stories, 6 00 a. M. On the east coast markets extending the gains after the Federal Reserve left ray unchanged. Markets higher across the board after jay powell said to expect three rate cuts this year and three more over the next two years all three major nbc closed in record territory since the First Time Since november 2021, what a performance with the dow industrial 401 and the nasdaq 202 at the close yesterday. Everything investors are watching. Initial jobless claims in the Philadelphia Fed and ducks at 8 30 a. M. Eastern. European markets are mixed, the eurozone factually higher. The bank of england making this decision we will have that news. In asia overnight markets finished higher with the exception of the shanghai composite, the cosby in korea to win 3 . The biden family influence peddling catching up as a former business associate of hunter biden testifies on capitol hill giving a list of crimes that he said they are gu
Phillips calls for a potential primary challenge against President Biden as Many Democrats remain skeptical about his reelection. And we examine the current state in egypt a decade after the massacre of hundreds of people protesting a military coup. It was basically not just the end of the promise of the egyptian revolution of 2011, but really the end of our country as we know it. . Major funding for the pbs newshour has been provided by. Pediatric surgeon. Volunteer. Topiary artist. A raymondjames Financial Advisor tailors advice to help you live your life. Life wellplanned. The kendeda fund, committed to advancing restorative jstice and meaningful work through investments in transformative leaders and ideas. More at kendedafund. Org. Carnegie corporation of new york, supporting innovations in education, democratic engagement, and the advancement of International Peace and security, at carnegie. Org. And with the ongoing support of these individuals and institutions. This program was
Inflation reduction act to voters, a year after it became law. Minnesota representative dean phillips calls for a potential primary challenge against President Biden as Many Democrats remain skeptical about his reelection. And we examine the current state in egypt a decade after the massacre of hundreds of people protesting a military coup. It was basically not just the end of the promise of the egyptian revolution of 2011, but really the end of our country as we know it. Major funding for the pbs newshour has been provided by. Pediatric surgeon. Volunteer. Topiary artist. A raymondjames Financial Advisor tailors advice to help you live your life. Life wellplanned. The kendeda fund, committed to advancing Restorative Justice and meaningful work through investments in transformative leaders and ideas. More at kendedafund. Org. Carnegie corporation of new york, supporting innovations in education, democratic engagement, and the advancement of International Peace and security, at carnegie
Fractional boards higher the dow about 180 points to the upside 35,304 the s p 500, up about 0. 5, 18 points to the upside the nasdaq up about 0. 3 the under performer if you want to call it that, up about 46 points 13,767 we will have much more on the markets move coming up weve lost some momentum since the highs of the session coming off the heels of the cpi report. A trade alert. Josh making a big buy in the energy industry, so josh, tell us about why its rigged. Yeah. Not big. I was talking to jim about transocean this is a stock i had traded extensively, i dont know, 15 years ago, during the last great oil market. Super cycle. Sure. Its a very small buy. Its a very smallp company, frankly. It used to be much bigger. When you look at the technicals here, this is a stock that has bottomed out consolidating for some time. It is now snapping this very, very longterm downtrend, not quite in an uptrend yet, but thats the first step. Most of its competitors have gone bankrupt. There are