News. Issue one, pacific pivot. I said many times, the United States is and always will be a pacific nation. Americas security and prosperity is inseparable from the future of this region and thats why i made it a priority to renew the asian pacific. In the corner stone out of our strategy and the regions security and economic progress is our historic treaty alliances. Including with japan. President obama is in asia on a fournation tour that brings him to japan, malaysia, and the philippines. Its a trip that has long been on hold, the president had to cancel his scheduled asian trip last year. During the Government Shutdown and canceled twice in 2010. The bp oil spill and debate. Forcing our traditional asian allies to feel skeptical. About the socall the pivot. Notably the series in syria and ukraine. The president is there to reassure, stop japan where mr. Obama was treated to a formal state visit. Japan is the u. S. s fourth largest trading partner with 203 billion in goods flowing
Higher. Dow gaining 199 points. S p falling 1. 12 and the nasdaq climbing 0. 73 . Stocks had been going down for five days in the expectation that Interest Rates had to rise, because there would be such a huge burst of hiring. Bond investors had been selling down their holdings, driving rates higher, because they thought growth was too robust. Instead we got a cinderella Payroll Employment number this morning that gave people a reason to stop selling bonds and to start buy, buy, buy stocks, which had been dropping all week. Its a Pretty Amazing thing to watch. The same stocks that have been hammered going into the jobs report spring back to life. The banks, industrials, housingrelated names, the Consumer Product stocks. Its almost as if they were all priced to a huge bond selloff which wouldve driven rates up, and when they didnt happen, we put the labor report under the category i always tell you about. The big bad event category that is now behind us in the rearview mirror. And this
Dow gaining 199 points. S p falling 1. 12 and the nasdaq climbing. Stocks had been going down. For five days and the expectation that Interest Rates had to rise, because there would be such a huge burst of hiring. Investors had been selling down their holding, they thought growth was too robust. Instead we got a cinderella Payroll Employment number this morning that gave people a reason to stop selling bonds and to start buy, buy, buy stocks, which had been dropping all week. Its a Pretty Amazing thing to watch. The same stocks that have been hammered going into the jobs report spring back to life. The banks, industrials, housingrelated names, the Consumer Product stocks. Almost as if they were all priced to a huge bond selloff which wouldve driven rates up, and when they didnt happen, we put the labor report under the category i always tell you about. The big bad event category that is now behind us in the rearview mirror. And this and this happened at a moment when stocks were techni
The quarter one of the best quarters of this year of this reporting season along with conns. Has had enough time under the belt to get the kinks out. So i think pvh will do well. It was disconcerting that the stock got hit today for 65 cents. Yeah, it was down 65 cents, though, to 130. And thats daunting on a big up day. That does concern me as a former trader that somebody knows something but the details, the clues are all there. Tuesdays more retail. And we know retails been incredibly inconsistent lately. More on that later. If youve been executing well, you can make money here. So i would bet that this First Quarter that we get from Burlington Coat factory as a public company, i think it could be a good one. I like that idea. One of the stocks weve been seemingly behind forever is auto zone, azl, because the average car on the highway is 11 years old. They need to keep the cars running. We heard pep boys on monday. Pep boys is bad. Do not immediately extrapolate autozone. Now, ther
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