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June 21, 2024
Up lets get you up to speed on the markets. U. S. Equity futures are suggesting a positive open and implied open of 70 points for the dow and s p nearly 9 and for the nasdaq a little more than 24 points. Right where we were yesterday before the retail sales report. Heres the other big stories were watching today. Two economic reports due at 8 30 eastern. Well hear from kohls before the bell and this afternoon watch for nordstrom among others and in Corporate News General Electric is going to sel...
June 21, 2024
Month. The biggest trend and some of the midcap banks that you might be wanting to buy. Hello, everybody. Its a big news day here on cnbc, but a big day in downtown for a group of high school students. Steve liesman is live as he prepares to crown the top mind. Now there just 16 remaining and four teams. I have four on each side of me from high schools from around the country. We are going to crown the next bernanke and yellin and the next economic professor. They will humble and astonish you wh...
June 21, 2024
Differently that can actually strengthen our ability to our people that are closer to San Francisco or in San Francisco . Thank you for the question and i do always feel its value added to have someone that lives the bay area, maybe not the city. I know when we do rl drills and recall drills and do them annually and we have robust procedures and not have everybody come back at one time but respond in a manageable way if you will, so a couple things. What i am hearing is proximity. Although we ca...
June 21, 2024
This is a day when you think about it more than 15 years in the making. The nasdaq on track finally to end the day in uncharted territory. Trading above its march 2000 alltime high. That close was at 4,0548. Set back march 10th of 2000. Were a little less than 16 points above that level. The other number were watching this hour the s p 500 also flirting with new highs. The previous alltime high on the left, 2,117. Theres the current level. Were flirting with that one. See if we can do that in th...
June 21, 2024
After mettling around through most of this week barely going anywhere. They get a third of a point increase. You can take that to the bank slightly but the volatility over the last five trading sessions has been next to nothing. Were looking at that with the futures again. That feels like summer. The weather yesterday does not feel like summer at all. 57 degrees yesterday. But you know what the ocean temperature is here. 50s. Yeah. So enjoy that weekend. Buying is going to be lou i can today. Pr...
June 21, 2024
Mr. Enzi mr. President last week the Senate Budget committee took an important first step in helping to change the way we do business here in washington by reporting out a balanced budget. This week, we take the next step as the Senate Begins debating how best to make the government live within its means and set spending limits for our nation. But were running out of time, and unless we do something soon, our nation will be overspending nearly a trillion dollars a year. Now, thats actually 1 tri...
June 21, 2024
The biggest gainer is the qqq, the nasdaq etf. China with an aggressive move allowing more flexibility. It is soars today, as you would imagine, up more than 4 . Bob, its a good rally, but were not quite getting back what we lost on friday right . But if youre not confused about the action the last couple days i dont think youre paying attention. We are down 280 points on friday. At one point today we were almost on the verge of getting it all back. Put up that twoday chart. Were basically almos...
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
Combination with the animal orchestra. I think youre right. What happened to him. Thats what i mean. We just called him a sensation. At one point he was, right . 33 million views not bad. But still a fraction of the super bowl. Hes not opening in las vegas. Was he the true one hit wonder . There were two. It sounded very similar. Did it . That happens with the one hit wonders. You know what works. Go with it. Lets get you up to speed in the markets. The u. S. Equity futures at this hour at least...
June 21, 2024
Commensurate with the task. Anyway on thursday british voters chosed next Prime Minister conservative current Prime Minister David Cameron an oxford educated 48yearold and miliband an oxford educated 45yearold, because he cant make up those three years. Being a in addition election the uk media was pulling out the stops they had the creepy tussaud hologram a Virtual Parliament that doubled as the tims worst Expansion Pack ever and an opinion room where each pundit appeared to have missed their f...