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June 19, 2024
We dont have any monuments officers nearby that were able to make it tonight. One, in fact, does live not too far from philadelphia. However, were very fortunate and its such an honor for me to introduce to you all dean hellers other son and his wife are with us here tonight. Thank you very much. [applause] i recall reading a quotation by president kennedy that said a nation reveals itself not only by the men it produces, but the men it honors and the men it remembers. And by that standard, we a...
June 19, 2024
The trend higher. Are you still skeptical . Im definitely still skeptical. Okay. I think the risk is to the down side. If we get a 5 pullback, which would not be bad for the market, are people going to put their money to work. Putting it into work when times are good. When times are bad, markets back off and thats where markets seem to accelerate. Going out neither highs of the day with the dow up about 5. 25 points here, and the s p up a fraction right now. Stand by. A lot of earnings news comi...
June 19, 2024
Advertisements. Uncertainty about whether or not the offers are real. Wed like to help cut through that. To get people to take advantage of that. Which would be another housing upside for the economy. Tensecond surprise . Hoimts do yw many times do y the word uncertainty . Theyre screaming there are opportunities in the markets. Its when people are certain that you have to be fearful. I think were far from seeing certainty. Youre still bullish . Bullish as anything. Doug, richard, thank you. Ste...
June 19, 2024
Everybody wants that the meantime, cant they do Something Else to appease investors in this follows on the heels of bill miller, legg mason, financial times, says keep every dollar cash on your Balance Sheet but use the free cash flow, paid out a dividend on the free cash flow, the stock would go up 50 . Bill miller the past 24 hours, bethany mcclaine 200 marco rubio is out this morning on twitter saying the number of chargers is driving him crazy and moving closer to samsung. His response in th...
June 19, 2024
Stuart the Financial Times headline, u. S. Slips into reverse. The economy is shrinking. The word recession is on the table. We have the worst socalled recovery in generations. Our debt goes up by a trillion a year. The white house says the republicans are to blame, spending cuts are to blame. Super storm sandy is to blame. Excuses. The numbers are what they are. The economy is sinking. President obamas policies seem to be failing. His Approval Rating is at a three year high. Arnie and company a...
June 19, 2024
Lori knocking on the door of dow 14,000. It will be an exciting hour. I am lori rothman. Melissa we crossed it and now we are below it. I am melissa francis. The dow about 200 points shy of a new alltime high. Lori 157,000 jobs added last month. A small pit in the 12 Million People still looking for work. We will be asking why a strategist is not buying into this rally today. Melissa breaking news on ubs new strategy. Charlie gasparino is here on that in just minutes. Lori we are now just 30 day...
June 19, 2024
Fascinated with those story. Connell we will get to that later but the market on a tear today. The s p hitting more intraday record with notions, Nicole Petallides on the floor of the new york stock exchange. However you care for a bull market and record high go for it and that is the fact. And 15,620 at the highest point today. The alltime record in todays 15,650. And so many names have done so well, overall in equities. And bear have been stellar performers with entities along, lets take a loo...
June 19, 2024
Their bailout money. It came through today. Good morning, everyone, 50 billion dollars flowing into greece. It will never be repaid. New figures show the country in a deep depression. 11 Million People owe a half trillion dollars. Back home, Speaker Boehner and president obama are a little closer to a deal and both have given some ground on taxes and spending. The markets like it. Right now john boehner is trying to sell it to his party. Across the country, record gun sales over the weekend. Var...
June 19, 2024
The top earner today. We will hear from Business Leaders on how reform should be done. Lou dobbs weighs in. Melissa our very own Charlie Gasparino goes oneonone with municipal analyst. That should be very interesting. Lori lets get things started with the latest addition of stocks now. The 20 you see volatility here. The fix is to the downside today on a day where we are gaining triple digits, unlike yesterday where we love triple digits. The majority of the dow components are in the green. We h...
June 19, 2024
Thats certainly good news. When you talk about marching higher, thats exactly what the stock market has done over the past two years since two years ago today, on this floor, when the Dow Jones Industrials dropped some 635 points after the Ratings Agency said forget it, no more aaa rating for the United States because it truly felt that because we had raised the debt ceiling, but didnt make the spending cuts, that this country was going to the dogs, and guess what, look at what the stock market ...