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June 29, 2024
Gain. Can you hook me up with your friend . Oh, thats the worst. This someone crazy, so many people using the new Live Streaming apps, this one periscope. Sometimes do you things to get peoples attention. What were seeing is a live stream of whats reported to be a guy in the middle of a police chase. Uhoh. Now the guy thats watching this live is recording it as well so thats why were seeing a cell phone video of a cell phone. That looks awe them tick. The guy who is broadcasting is in the passen...
June 29, 2024
Nearly 3,000 coming just in the first 90 minutes. The blue chip index closing down more than 500 points for the second straight day and over the last three sessions the dow and s p are down nearly 9 and the nasdaq is off almost 10 yesterday alone 685 billion is lost among market cap in s p 500 companies. Thats 100 billion more than apples market cap. If they dont tell you enough about the volatility check out the vix. Moving above 50 intraday for the first time. Check out the front pages of some...
June 29, 2024
Session highs it was up 163. Of course, plenty of attention on crude oil rising after that china rate cut. Bob, a different pood today . Yes. We have a rally, but not an enthusiastic rally. It was 51 at the open. We should have gone better. The volume is only moderate. It drifted lower. The buyers are not enthusiastic. Im not seeing people go after stocks beaten up. S p 500 has been sideways except for a dip in the middle of the day. Up roughly 300. A few sectorspecific movements. Home builders ...
June 29, 2024
There is another specific reason why we need to keep on tuning into this show. But first lets get down to the floor. Sarah . Hi. Lets try this again. Stocks are rallying. The question is can it last into the close . Both have their fingers crossed again. We started strong. Very sort of slow feet off of the top hoar. You know what you like. This is a two day. We never passed the high of yesterday and people are hoping on a technical basis. Lets take a look at market internals. The trend, im going...
June 29, 2024
The birthday rap straight outta compton. Been inspired and wanted to go down the route. Was it the movie the inspiration or whatever she was puffing on at the beginning . Ive learned a lot of things working at right this minute and one is im completely blown away by the human bodys capacity to survive. This first one some guys doing autocross and everyone is having a good time. You can hear the squeal of tires. Now these are all amateurs, all design not designed to be rally cars, they dont hug t...
June 29, 2024
Lets hear it for the ladies. Wait a minute, wait a minute. I sense sarcasm here. This isnt a genuine clap. Yeah, ladies, getting into it just like the guy can. To a nightclub in brazil. This is saturday morning. They partied until the sun has come up. Of course dudes pointing and gesturing and puffing their chests. They want to fight now but you know it got serious. Dude takes his shirt off, now reports say that that woman pushing him back is the mans wife, and she is trying very hard to keep th...
June 29, 2024
Last week. Then on monday that nearly 600 decline. Another 200 point loss tuesday before yesterdays big surge the dow is still down though. More than 1 this week. But the nasdaq has narrowly erased this weeks losses off by. 2 . I was on the floor of the New York Stock Exchange all week and its not just the crazy moves where we settle, its the intraday volatility. Everybody was bracing for a repeat of tuesday. They had this giant rally and it started to lose steam and everybody thought here we go...
June 29, 2024
Four trading sessions with yesterdays strong gains. Now the major u. S. Averages all turned positive for the week. The nasdaq now positive for the year. Check this out. The dow and nasdaq are now on pace for their best week in a month and a half. Stocks are now out of correction territory sitting less than 10 from record highs from mondays intraday low. The dow is now up 8 . If you had caught it at the bottom this would be a great week for you. The s p has risen nearly 7 . The nasdaq is 12 highe...
June 29, 2024
Be more big moves next week. Oil staging another big rally today. Yesterday traders said it was mostly Short Covering. Could this be the beginning of a real rebound for the commodity . Weve got rbc commodity guru helena croft joining us live. We have bob pisani tracking the action here at the New York Stock Exchange. Kate rogers at the nasdaq and jackie d at the nymex. Finally more typical august day. There is a little fireworks in the energy space. S p 500, a narrower range, about 15 points. Th...
June 29, 2024
Socalled internet of things. This is just under one hour. Thee will get started well coffee corner sorts itself out. This panel is on the internet of things. The internet of things is a wideranging term generally describing Computing Devices or machines connected to the internet and possibly to each other. Some are household products. Im slowly connecting all my lights to alexa. You have to do new things about worrying about your lightbulbs updating your firmware which they have never had to do ...