Page 71 - Tail Wind News Today

Into fox business to witness the election this week. Donald trump with no political experience has just won the presidency of the United States. Gary how did the markets respond . To an alltime record high. Anthony will it last . Lets ask mario gabelli. Welcome to the show. What were you thinking 2 30 in the morning wednesday . Basically i thought the notion of a unified government finally of the people would work. Number one, reform regulation. Handle the issue of taxes. Handle the issue of stu...

Into fox business to witness the election this week. Donald trump with no political experience has just won the presidency of the United States. Gary how did the markets respond . To an alltime record high. Anthony will it last . Lets ask mario gabelli. Welcome to the show. What were you thinking 2 30 in the morning wednesday . Basically i thought the notion of a unified government finally of the people would work. Number one, reform regulation. Handle the issue of taxes. Handle the issue of stu...

His reaction. But first lets get you caught up on the market. The dow hitting a high this morning. Global bonds have been selling off. Rates going up. Tech stocks still under pressure yet again. Morgan brennan has more on that from the Nasdaq Market site for us. Thats right, so the good news is we are pairing some of the earlier loss we saw for the nasdaq composite, however still underperforming the dow and the s p the big cap nasdaq 100 fairing even worse, down about three quarters of a percent...

Flatter . If it was zero. Ditto for almost all of europe. Hardly anything there. Crude oil at this hour is stronger by 37 cents, 45. 93. That may be because the dollar has taken a breather after its rampant run. It was one market that just kept going and going. Today a bit of taking the edge off. Carl icahn warns that the strong rally in stocks since Donald Trumps election might be overdone. Even more overdone than the overdone market that hes been warning us about for the last six months, maybe...

1997, down 1. 75 . So the selloff in bond market has been real. The 30year yield back above 3 . 10year at 2. 30. The fiveyear, 1. 7, and twoyear at 1. 035 . The nikkei closed higher by a half percent. European equities at this hour, lower. Not by a whole lot. Except for italy and spain, off by more than 1 . Crude prices are mixed. Lower by 7 cents for wti. Look at the dollar, which is stronger once again against the euro and the yen. 14year high for the dollar index. 1. 06 is what the euro will ...

A new record high for the nasdaq today. Its a violent move away from bonds and into equities. It continues to gain team. Yes, the markets, josh, are in the red right now. Bank of america was out with a note today. Michael hartnet saying theyve seen the largest equity inflows in three years and the biggest outflows in three and a half years, the biggest disparity between stock and bond flows ever. Look, nothing brings out positive inflows to the Fund Industry like new record highs, and i think it...

Chicken soup. President elect trump making his big administration nominations and announcing his picks for National Security adviser, attorney general nca director today. We have all the details. Meanwhile, stocks are giving back their early gains today, but its been quite a week for the bulls with stock inflow levels not seen in nearly two years. Well discuss whether the record trump rally has come too far too fast. Trump has promised to roll back regulations but would that eliminate rules . We...

Problems here are complex, both technically and philosophically. We believe in giving people a voice, which means erring on the side of letting people share what they want whenever possible. We need to be careful not to discourage sharing of opinions or to mistakenly restrict accurate content. But the goal here, roger, is to somehow label fake news as such, work with fact checkers. Can this be done . You know, i believe it can, but i think, carl, its not a complete answer. I think a big challeng...

Take a look at the stocks across the board where are were seeing steep gains. Chesapeake up. Marathon up 5. 5. Conco phillips, hess, all big winners on the day. Does this rally continue . I think in the last couple of weeks certainly the place not to be has been energy in this quarter. I think this deal this morning, and i read jeffs note, which is fantastic, and the news over the weekend regarding opec, i think it gets you more sneptiveized to add back into energy once again. I dont know if i g...

19,000 for the first time today as well. Yeah. I think context is important here, scott. The russell had actually had the toughest time. A lot of that had to do with the huge earnings revisions downward because of energy and industrial and things of that nature. That is now reversed multiples expanding and weve seen the repair being done to forward looking earnings estimates. I just want to make a broader point, and this is really important. On the s p 500 it is not abnormal to make new highs. I...