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June 23, 2024
Options actions begins now. Lets get to it. Stocks were not the only thing up today. The dollar, serging after the bank of japan checked the currency under the bus, but thats bad were a hot group of stock in the u. S. Dan, the strong dollar is a head wind. Think about when the dollar rallied. Started to rally the second half of 2014 when the fed indicated they were going to end qe, and the group hit was Consumer Staples because largely 5060 of the biggest names in the group have exposure oversea...
June 21, 2024
Becoming the event t watch out for. 10 is where its been a couple of years since we have had an event like this. By now you probably know im scott wapner today in for bill griffith. It was a White Knuckle ride with triple digit moves and norm rather than the exception. Certainly the case. Take a look. Calming down a bit and not at the nasdaq and tech stocks taking tonight chin. Semiconductors, Morgan Brennan joining us now with how things look at a pretty wild week. A wild week for the nasdaq co...
June 21, 2024
This is the major catalyst. After the Company Announces this major restructuring, its not only divesting this business it will return 90 billion to investors through dividends and stock buybacks by 2018 bill. The dow component soaring trying to close at its highest level in nearly seven years after the Company Announced that restructuring. We went over all that. Juke see you can see what the major story of. The other big story, apples watch. Its ready for preorder but its already sole out. Its b...
June 21, 2024
All our states are hit by the slew of proposed epa rules aimed squarely at the fossil fuel industry and folks that work in that industry. I would like to highlight a letter from the governor of wyoming to the epa administrator on april 28th i ask that letter be entered into the record, madam chairman. In this letter the governor highlights a study by the center for Energy Economics and Public Policy at university of wyoming entitled impact of the coal economy on wyoming published february of thi...
June 21, 2024
Been given one year, thats a very real problem. But there are real costs being expended by the states and also i believe this administration is not interested whether the rule is finalized so long as the marketplace moves away from them. If coal fired power plants have to be retired quicker than baseline, then theyre going to accomplish the goal, even if this regulation never is upheld in courts. Thank you i want to follow up on this. Ill wait until the second round. Senator markey. Thank you ma...
June 21, 2024
Shuddering coal generation in the state of oklahoma. Its a concern 3r5k9ically and a concern legally. Looking at it as a nonattorney, you look at the tenth amendment which refers to reserving power to the states do you think this is consist went the tenth amendment . Well, i think this case and i would add this to the comments earlier from a fellow panelist, i dont think its terribly novel for us to have a dispute or a case about statutory construction. You know, i indicated that it is a Traditi...
June 21, 2024
California and oklahoma are not alone. We know texas leads the nation in industry. Many states in the midwest as well as the west and south are taking action to ensure ratepayers and citizens against risk to reliability that come from 30 and inefficient coal plants by replacing them wordy dirty and inefficient coal plants by replacing them. We think the Clean Power Plan will encourage states to date broader advantage of strategies theyre are already using saving money, and invigorating economies...
June 21, 2024
Research tract faculty. There are jobs in industry, journalist, many where needed and we want to be sure people find the right match for themselves. We have started new programs, an early independence award which im excited about which allows a talented phd to skip the post doc and go to an independent position. I go to the presentations each year and its the most exciting day of the year because of their vision and their ideas. Similarly we have this new award where you cant apply if youve prev...
June 20, 2024
The yield is up after the fed minutes suggest the hawks are a little bit restless and as for europe we continue to watch the death toll in ukraine. The eu does hold an emergency meeting today. It is facebooks largest ever acquisition by far, the social network whying messaging Service Whatsapp and Mark Zuckerberg said the deal came together in ten days and some of the details are beginning to fill in. Closing the deal over chocolatecovered strawberries but a lot of metrics being thrown around, d...
June 17, 2024
He said he saw nuns getting shot in the head covering conflict in el salvador. He clarified he saw images of nuns shot. Later in the week fox same defense Washington Post questioned oreilly claim about northern ireland. A lot of other staffers say thats not true and sounds like an overstatement. So all of those claims were going to explore responses and whether this matters for oreilly or not. His ratings are up this week. First lets honey in on one other or riley story. This about his time in d...