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June 29, 2024
Earnings could well determine whether we get that late summer swoon or, josh, perhaps a surge. Do you think people are too negative today on where the market is . I think we probably need some new tools to measure whats going on in the economy. If youre looking at commodities and saying this is representative, then youre ignoring the fact both Consumer Discretionary and Consumer Staples are within pennies of new record highs. And the fact that those two things can happen concurrently, this massi...
June 29, 2024
High. Yes, down 20 otherwise. Now when oil goes lower, airlines tend to go higher in terms of the stocks as those stocks rallies today. Can you see that each of them most of them up over 2 . We have the number one analyst Airline Analyst on the street with us to day. Jamie baker. Hell give us his top airline picks. And president obama just announcing new Clean Power Plan which could have a major impact on the coal industry and basically industry at large. Weve got the ceo of American Electric po...
June 29, 2024
To the Economic System and our position in it than perhaps you have heard before. And even more important, and what this book is about, an alternative solution for dealing with it different from what you might have heard before. So, first, where are we here in the United States and in the World Economy . And im not gonna tell you what you already know, which is that this is the worst economic crisis in my lifetime and therefore in yours, that it began in 2007, which means it is now coming to the...
June 29, 2024
The government trying to prevent a collapse of the countrys markets which lost nearly 30 since june. The news helping to spark a rally today. A gain of more than 3 in shanghai and shenzhen we have seen the imagine higher by nearly 5 . Keep in mind you go down 30 you have to go up a lot more than that in order to recover. Heres the greek stock exchange. Market there open for a second straight day after its five week closure. Down by only 1 today after the big pummeling it took yesterday after reo...
June 29, 2024
A new report to his clients. Hes here with us at post 9 to share it with us and share it with you. Laszlo, nice to see you again. The front cover says it all ill hold it up, as the big reveal, 3200 on the s p. When and how . Most people dont realize that were now in the second great greatest s p rally in history and were actually ahead of the 1990 rally. And if the the market continues to gain 11 basis points a day as it has for the last six years. That two years out or so, were going to be over...
June 29, 2024
Relationship. The compatibility of the dna troubles me. Youre an expert in molecular biology. I didnt even take it that far its just the whole idea. Lions and tigers dont go together. Frog thats this big how do you know . Structurally it makes it very difficult. I go back to the bee movie. I dont know if you saw when a woman fell in love with a bee with Jerry Seinfelds voice. That was not going to work. The husband was jealous and the woman was those cross species things dont work, as you know m...
June 29, 2024
Again. Bob iger joins us in a few moments. Apple looks set to continue. But Merrill Lynch adding insult to injury. And tonight tesla and fitbit coming out. But first up disney reported better than expected earnings. But they were hurt by slowed growth at the International Theme parks but still up more than 20 so far this year. And well have an exclusive interview with bob iger in just a few moments from now. Jim, you were up very early reading through the quarter, reading transcripts, i assume. ...
June 29, 2024
In a defiling that it now owns 7. 5 of the food giant which makes oreos, ritz crackers and wellknown brands. Whats unclear is what the investor wants to do with the company. Ackman wanted the snack maker to grow revenue or cut costs or sell itself. Mondelez, for its part says they will welcome them as investors in the company. Ackman joins nelson peltz. His firm holds a 3 stake in mondelez. Well show you whats going on now in the premarket trading as a result of this and you wouldnt be surprised...
June 29, 2024
It will have erased the gains of the year. Courtney reagan has more on whats exactly happening. One trader i talked to said there is no one sudden catalyst. Just a lot of things were seeing thats making this a be generally riskoff trade. If weve broken through sew key Technical Levels. Specifically on the s p 500. The next level we are looking for is 2,067. Well see if we break through or hold above it. Consumer discretionary, health care, telecom are the biggest drags. Energy is actually higher...
June 29, 2024
Expected to hold steady at 5. 3 marking a seven year low. Again the report will be released at 8 30 a. M. Eastern time and its one that the fed is watching very closely. The last jobs report before they try to decide if theyre going to raise rates in september. Welcome back. Thank you. We talked a lot about those rates. Weve seen lockhart say theyre going to do it. We had powell on who said still data dependent but a lot of people swinging toward september. Yeah, you called this awhile ago. Well...