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June 23, 2024
Call me at 1800743cnbc. Or tweet me jimcramer. Lets give this day its due. When oil turned up it took the entire market with it which is how the dow jones average could go from down 193 points before the reversal in oil to finish up 183 points. S p gained. Nasdaq declineds just. 28 . What a strong, bizarre comeback. Big jump in oil. A monster 2. 60 move off the 3 basis but something profoundly positive happened today. The stocks of the companies that were most on the ropes in the oil patch like ...
June 23, 2024
What a strong, bizarre comeback. Many stocks were swept up in the big jump in oil. A monster 2. 60 move off the 3 basis but something profoundly positiveveappened today. The stocks of the companies that were most on the ropes in the oil patch like chesapeake, freeport and other dead man drilling stocks actually read the rally and that reassured buyers who flocked to many of the beaten down sectors in this market. Let me tell you why. For ages oil has been dragging down the whole market because o...
June 23, 2024
Nasdaq declineds just. 28 . What a strong, bizarre comeback. Many stocks were swept up in the big jump in oil. A monster 2. 60 move off the 3 basis but something profoundly positive happened today. The stocks of the companies that were most on the ropes in the oil patch like chesapeake, freeport and other dead man drilling stocks actually read the rally and that reassured buyers who flocked to many of the beaten down sectors in this market. Let me tell you why. For ages oil has been dragging dow...
June 23, 2024
For ages oil has been dragging down the whole market because of a false sense that demand for crude is declining. Machines that sell stocks when oil goes lower may make them money. It doesnt make them right. The fact is the demand for oil is going up, not down. There is a consequence to oil going down, when when its a supply glut not demand softness. We get very concerned. Worried, frightened about Oil Companies where the cash flow from the wells isnt great enough to cover the debt load. Hence, ...
June 23, 2024
What a strong, bizarre comeback. Many stocks were swept up in the big jump in oil. A monster 2. 60 move off the 3 basis but something profoundly positive happened today. The stocks of the companies that were most on the ropes in the oil patch like chesapeake, freeport and other dead man drilling stocks actually read the rally and that reassured buyers who flocked to many of the beaten down sectors in this market. Let me tell you why. For ages oil has been dragging down the whole market because o...
June 21, 2024
For more, i want to bring in Stephanie Ruhle. Tell me what is out for you . I am broking hearted. Im standing youre thinking youre talking about me. Clearly, Morgan Stanley is having a big morning. Trading revenues and fixed. Ncome are less than expected big drop. Not as well as they did last year were last quarter. It is better than we thought from citibank, 12 down. It was only eight percent. He is optimizing his trading assets. In this environment, they are chugging on. James forman has a con...
June 21, 2024
In credit and money supply, Chinas Central Bank has given another indication that would that it will hold off on any major stimulus. Live today from beijing. Scott, what does this say about the state of chinas economy . Not going toere see any big bang in stimulus these days. We are also not going to see any major pullback just yet. The economy grew at 7. 5 in the Second Quarter. The forecasts are that it is going to stay close to that rate for the rest of the year. We have heard these kinds of ...
June 21, 2024
Right e hyndeo is and it might pass north of right monday or behind, and it might pass north of hawaii monday or tuesday. I authorize two operations in toq targeted air strikes protect american personnel, and a humanitarian effort to help save thousands of iraqi civilians were trapped on a mountain without food and water, and facing almost certain death. This is anmistake, escalation of the u. S. Role in iraq. Houseerg white correspondent Phil Mattingly joins me now from the white house. What wa...
June 21, 2024
Shares of ebay soared today after a report the company is considering spinning off its paypal unit. First, to our lead story. Salesforce is no stranger to spending, buying Companies Like exact target, striking a partnership with microsoft, and spending on new office space like the Salesforce Tower in San Francisco. In the second quarter, the Software Company reported sales of one point 3 billion, up 38 . Some of those moves are adding to the top line. Salesforce is also planning a major Product ...
June 21, 2024
Some of those cameras today. Shares of ebay soared today after a report the company is considering spinning off its paypal unit. First, to our lead story. Salesforce is no stranger to spending, buying Companies Like exact target, striking a partnership with microsoft, and spending on new office space like the salesforce in San Francisco. In the second quarter, the Software Company reported sales of one point 3 billion, up 38 . Some of those movings moves are adding to the top line. Salesforce is...