Good thursday, everybody welcome to power lunch lets take a look at this record rally. All three major indices at new high the dow is up 21 in 2019. The s p up nearly 28 and the n nasdaq up 33 just this year were in the green today check out some of the new highs across the board micon, citigroup and kellogg joining that party ty thank you very much with a few trading days left in whats been the best year for the market since 2013, bob is at the New York Stock Exchange with a look at what worked in 2019. Hi, bob. A lot worked. Thats the good news the rally has opinion fabeen fa but dont kid yourself top 23 stocks in the s p 500 all were up. All 23 were up some of them were up really big. How big . S p 500, up 28 . The top ten stocks by market capitalization were up more than 40 . That means as they get bigger, those stocks have more and more influence on the s p number one, nothing knows bigger than apple this year look at this, 77 . Thats not a typo. How much is that thats 800 points
Charles payne, this is making money. Breaking right now, everyones bullish, everyone loves jay powell all of sudden so what can go wrong . Weve got both sides of the story. Meanwhile tesla struggling to stay magnificent. Guess what . We got a special guest who visited their factory. She says this company is the future. Buy the dips. She will tell you why. Dont miss my takeaway on the Biden Administration war on corporate profits. I have the real story on inflation. The shocking economic consequences of crime in america. It was on the feds beige book yesterday. Were going to dive into that as well. All that and so much more on making money. Charles all right, so i realize we started talking about the rally baton that this latest wave the narrative centers on Artificial Intelligence and all the benefits a. I. Will bring forward, right . But make no mistake, folks, the rally baton is expected to make its way back to the Federal Reserve at some point and the assumption of greater accommoda
Bring me a slice. Good afternoon, everyone, im Charles Payne, this is making money. Breaking now, jay powell on the defensive. He spoke two hours ago as the fed deals with so many conflicting Economic Trends and there are concerns with the fed being too political. Wait until you hear what powell had to say about that. Learn the difference between hard and soft data, when will investors value value stocks . One year ago she gave you two stocks up 220 and 175 , one year ago today. Find out where sarah kunst is buying right now. Genz says they need 1. 6 mil to retire in style. The good news they started early. The bad news, they aint making much traction. Here is the question, how much do you need to retire comfortably and tweet me cvpayne. You dont want to hear my take on the wall street jobs report no matter what the print is on monday. All that and. More on making money charles there has been a hesitant start to the quarter. This is monster First Quarter. Lets look at the First Quarter
Good Tuesday Mornings thanks for joining us. Im maria bartiromo. It is tuesday, may 21, it is 8 00 a. M. On the east coast i hope of you are having a really good Tuesday Morning time for hot topic of the hour former President Trump in, new york city courtroom this morning socalled hush money trial entering day 20, fox business lydia hu live outside new York Supreme Court with the latest lydia good morning. Good morning there maria that is right this trial, is winding down but i can tell you he inside the courtroom tensions are flying high. The prosecution finally rested its case after star witness disbard Attorney Michael Cohen finished testifying for four days on witness stand Michael Cohen, of course, testified that donald trump knew of the hush money payments to Stormy Daniels approved of them, the crossexamination completed cohens credibility rests in absolute tatters, yesterday todd blanche got cohen to admit he stole about 60,000 dollars from Trump Organization allowing them to i
Exhibiting a lot of grit. Sew throughout the area what weve done we have some of the best on the street to share their thoughts. A gameplan dealing with evolving reality, that inflation aint dead by a long shot. Meta, joining the ranks of netflix, Taiwan Semiconductor, Solid Earnings but unsteady guidance. Danielle shay what it means for alphabet and microsoft. They rout of course after the bell. Democrats are urging President Biden to pressure powell to cut rates. Seen as a hail mary ahead of the elections. Judy shelton with that. My takeaway from the overwhelming response to the unbreakable investor quiz show edition yesterday. All that and much more on making money. Charles lets set the stage. Remember last night meta reported, bam, it got hammered pretty good. The market was already reeling, right . Ing of course it was metas grand announcement. Their a. I. Thing. We got this morning a es First Quarter gdp report. The report came in disappointing. The street though it would be a li