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June 29, 2024
Start of the trading day. How are things now . S por the dow and the mostly unchanged. What is catching my eye is the nasdaq. A few things pushing the nasdaq higher. We have apple coming out september 12. Screens. Oled on a smaller version, we have some other biofarma appears peers. The transportation index outperforming the dow industrial. Let me touch on transportation. We will dig a little bit into that. We can see the s p index higher. Bonnie mentioned products in Corpus Christi and houston ...
June 29, 2024
Major averaging and europe has been open for awhile and well take a look there as well. Always like to know how spain and italy are doing. There it is. Very nice come back frooechb four hours ago very nice come back. Its lead right to ou fur r fut and this is a pattern that people refuse to understand. Ten year note yield crude oil also of course in the Market Action look at that yield. Vacation for a couple of weeks i guess. It was nice. You look great. Well rested. Thank you theres wti, 47. 5....
June 29, 2024
Late friday night as a category four hurricane and has lingered off of the coast bringing heavy rain as a tropical storm. Rob roth has been following the latest and joins us from the newsroom with more. Reporter the houston area is getting a years worth of rain in less than a week. Hurricane harvey has caused massive flooding and the worst is far from over. The flooding of her houston is widespread, looking like a river dotted with land. For those on the ground, its much, much worse. Boats rule ...
June 29, 2024
The park, he was attacked, chaised and cornered outside a gas station. The same goes for this man. He was also pursued by counter protesters, beaten to the ground and nearly stripped of his shirt before police could hall him to safety. Like i mentioned, the leaders of antifa just spoke and they said we are not anarchists. Were not black block. Were not creating any violence out here. Dont associate us with that. Ken. Yeah, wilson, depends on which side youre looking at it from. But this isnt exa...
June 29, 2024
Off with what were calling the twin pillarsprosperity tech and bio tech. The s p tech bio sector. And bio tech breaking out, now up 22 , so do you stick with these groups of stocks how much higher can they go . Guy . I think you do. You stick with them for sure, but if youre asking would you rather i wasnt. Answer the question. Ten seconds in the show, youre coming at me. Felt like a would you rather to me im sor richl bio tech i think weve done a decent job. Said it needs to 300 steve has been ...
June 29, 2024
The nasdaq yesterday had been up more than 1 and the s p 500 more than half of your percent. The geopolitical tensions earlier this week, that briefly took a toll on the markets being shaken off as buyers are stepping in. When we look at the breadth of the market, there may be some reason to be concerned and think that perhaps the rally we have seen for two days could be shortlived. His is a oneyear chart in white, the s p 500 and in blue the percentage of members above the 50 day moving average...
June 29, 2024
Of troops or say what their roles will be. Global news, 24 hours a day powered by 2700 journalists and analyst, this is bloomberg. Bloomberg technology is next. This is Bloomberg Technology. Well do a deep dive into the currency market. Hit new high. Whats driving this current crypto mania. Plus, its a date. Apple officially gives a time and place for most significant Product Launch in years. Applediscuss what watchers are looking for. Cfo stepped up to the plate my conversation with Mark Okerst...