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June 19, 2024
And the president said he would begin army and training to act as a counter weight to the Islamic State on the ground. Almost three years after celebrating the final withdrawal of American Forces from iraq, president obama announced more of our military will be sent there. We will send an additional 475 Service Members to iraq. As ive said before, these American Forces will not have a combat mission. We will not get dragged into another ground war in iraq but they are needed with training, intel...
June 19, 2024
It has come back as the republicans make a genes. This is a link between political power and the economys future. Varney and company is about to begin. First out of the box you got to look at apples. Approaching an intraday alltime high. We had an apples bull on the program that says it is going to 142 at the end of 2016, the equivalent of a 1,000 per share before apple split. Right now it is 193, up 0. 90. Plenty of consumer stocks hitting new highs, people have more money in their pocket becau...
June 19, 2024
Meeting next week. Hertz and darden moving on pressure from activists. Darden shares higher in the premarket after reporting earnings. The iphone 6 available for preorder if you can get on the website where couples were turned down after apple. Com went down early this morning. Activist investors are making news today. Hertz reaching an agreement with carl icahn allowing him to choose three directors. Darden under pressure for Starboard Value which had 300 slides with details of ways to improve ...
June 19, 2024
Which traders appreciated last week. Exactly. Now the question is, has that episode, is that firmly behind us or not . Guy adami was on the show and some others skeptical saying theyre not so sure and today markets are calming down a bit. One of the questions to ponder today. Will the market head higher from here or could we see another pullback on the horizon . Go to cnbc. Com vote and you can weigh in right now. Traders are on a delay over there. Thats right. By the way, take a look at that na...
June 19, 2024
Consolidation of the Beer Industry or at least stories to that effect. Apple reporting the biggest iphone presales ever. Supply problems raising concerns plus new insight into the companys cut of transactions with apple pay. And this friday alibaba now reportedly planning to boost the size of that already enormous public offering. All right. First up when david promises details, people listen. What do we have today . A great deal of talk over the weekend of beer consolidation. We had a story, of...
June 19, 2024
Ago that the s p to hit 2000 and nailed it within four days of his call. For those of you who think Technical Analysis is voodoo, perhaps listening to what he has to say. Shortly. Will twitch be the espn of video games . The leader of the platform is here exclusively. Talking to emmett shear that they can make it a speck taylor sport. Its fascinating. Youre being to lipolite. Im sheer you. Iphone, it is going on sale a week from today, dont expect to get it a week from today. If youre preorderin...
June 19, 2024
First, lets get you caught up to speed on the markets this morning. If you thought the wild ride was over, think again. Futures are selling off sharply this morning. Right now, dow futures close to 200 points below fair value. The s p 500 futures down by another 30 points. This is not something thats been constant through the morning. At one point this morning, futures were in positive territory. You can get we will continue to see wild swings up and down. A lot of volatility. In fact, if you ad...
June 19, 2024
Send it over to you. Thanks, becky. Weve got Corporate News for you this morning. It is a very big day for apple fans. New orders to the iphones are officially on today and they are under way. The devices wont ship, of course, until september 19th. But Analysts Expect the phones to sell out during the preorder period. Apple shares in the last week, take a look and see whats going on with that stock. Right now were at 101. 11. And im wondering, joe, whether i should be preordering. Because if the...
June 19, 2024
Since last weeks low. The nasdaq had its biggest percentage gain since january 2013. It was up 2. 4 . That was a gain of more than a hundred points to close at 4419. That would be do the math another half, that would be like 400 or 500 points. Yeah. A big move across the board. And you noticed that i think maybe the music does not imply up or down. Its not the markets are dog gogoing d of the two music strings that we have. I would, too, but its confusing now because people at home are like, oh,...
June 19, 2024
Streak. That would be the longest one of the year. The major averages are now on pace for a fourth straight weekly drop. A lot of wild swings in the market, but its continue to go raise questions about the Federal Reserves next move. Comments from st. Louis fed president jim bullard, who we talk to regularly on this program, suggesting the Central Banks should consider its taper. Thats been fueling some stock buying. I heard a guy say that on this show the other day. His initials are j. K. , i t...