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June 23, 2024
Stunning days on the year on wall street. After commenting from mario draghi, sending stocks soaring, the dow up more than 350 points. And it was stocks, gold, bonds and so if you are an investor looking at this market right now. What do you do . Guy . I think the bond market still wants to go higher. In other words yields want to go down. The dollar rally despite what we saw yesterday is still in tact. The gold move, although long in the tooth, might have a couple more days in it despite i thin...
June 21, 2024
Day they dont celebrate. Hasnt for years. Capitalist must trade today. And in fact, they are trading and trying to get the major averages back in positive territory right now. The dow down 17 points. Been another one of those days we dont see a lot of volatility and talking with Jeremy Siegel on where he sees stocks going. He is one of the most bullish analysts out there, agretszively moving his targets higher and higher. He said dow 18,000 early on this year and looking dicey early in october. ...
June 21, 2024
Datadependent. And todays data were not definitive. Consumer prices measuring everything from rent payments to cost of a new shirt rose 0. 2 in february. Thats the most in four months. It was merely in line with expectations and flat from a year ago. The fed would like to see Price Inflation pick up a bit. What did was the sales of homes last month. Newly built home soared 8 highest level since early 2008. Strong headline number sent shares of Home Builders higher including kb home and lenoir. B...
June 21, 2024
Watching this morning. Crude oil prices falling. This is all coming as traders question reports that opec might meet for the meeting in june. Some people questioning those sources but its been something the oil market has been watching closely. In other global news positive developments on the on going greek saga. Athens sending economic reform plans to the euro zone overnight. The proposals include measures to crack down on tax evasion and corruption. And back here a packed agenda of economic a...
June 21, 2024
That now. He wasnt famous. No one knew him. But this is a great song. I hear it once and i like it already. Ive heard this a thousand times. Where . I dont listen to that. I like it. Anyway well hear more about larrys call on ceos to focus on longterm value in a moment. Also its a moment of news makers on the set. Well be joined by Steve Schwarzman and jack and suzy welch will be stopping by. Lets get you up to speed on the markets. Yesterday the markets did end higher. Dow up by 75 points. Thin...
June 21, 2024
Session today. Manile sectors are down today. Technology has been the highlight. Biotech once again. The very volatile Biotech Sector starting to move lower again today. We have a lot to cover over the next couple of hours. We also have a lot coming up. Were just hours away from teslas battery announcement. The stock pulling back in todays trade along with the rest of the session. Should you be buying before tonights big event. If you think movies like furious 7 are the only movie makers for i m...
June 21, 2024
At Country Music awards more than 70,000 fans back the at t stadium in texas. That broke the guinness book of World Records for the most attendance at a live award show. She took home three awards. Luke bryan won the entertainer of the year award that is voted on by fans. Lets get you up to speed in the markets. Check out the futures board. This morning, the futures actually indicated up by triple digits. The dow looking at a gain of 120 points. S p futures up 12 points and nasdaq up by 23. Weve...
June 21, 2024
Datadependent. And todays data were not definitive. Consumer prices measuring everything from rent payments to cost of a new shirt rose 0. 2 in february. Thats the most in four months. It was merely in line with expectations and flat from a year ago. The fed would like to see Price Inflation pick up a bit. What did was the sales of homes last month. Newly built home soared 8 highest level since early 2008. Strong headline number sent shares of Home Builders higher including kb home and lenoir. B...
June 21, 2024
Datadependent. And todays data were not definitive. Consumer prices measuring everything from rent payments to cost of a new shirt rose 0. 2 in february. Thats the most in four months. It was merely in line with expectations and flat from a year ago. The fed would like to see Price Inflation pick up a bit. What did was the sales of homes last month. Newly built home soared 8 highest level since early 2008. Strong headline number sent shares of Home Builders higher including kb home and lenoir. B...
June 20, 2024
Welcome to countdown. It is 6 00 in london this friday morning. Bloomberg reporters are standing by across the world. David tweed is following the ratings downgrade in the eu. Were watching the reaction in tokyo. Lacing up his trainer is as he digs into sneaker sales at nike. Consumer sentiment as retailers cut prices in the middle of their busiest season. Caroline hyde is live from oxford street. Ourou do not want to miss conversation about the top film picks of the year. We have had some break...