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June 19, 2024
As low as 2. 44 or 2. 43 last week. Lets take a look at europe. You can see the marks overseas not too bad, a little more red on the screen. The china pmi released saturday night, people seemed to think that was positive. The nikkei in japan is up 2 . Sent the bonds down a little bit. Hence the yield back a little bit above 2. 50. Let as get to our road map the dow s p finishing may at record closing highs. The nasdaq outperforming both last month and stocks continue the upward momentum through ...
June 19, 2024
Lower by 126 points, the s p lower by 14 and the nasdaq lower by 29. Yesterday, though, stocks did get a boost from last months Federal Reserve meeting. The notes are suggesting quantitative easing will likely end in october. The central bank will move slowly to raise rates after that. Today, the focus turns to the other side of the pond. Were waiting for a position decision from the bank of england. Thats going to happen around 7 00 a. M. Eastern time. Bank of england expected to leave its key ...
June 19, 2024
Well start with corporate earnings mostly the blues. Du dupont posted an earnings miss. How worried should we be about a global slowdown . Apple is upping the ante in the mini wars. Can the move to go small beat back challenges of the likes of google. Well begin with Earnings Reports that are reviving jitters about Global Growth. Shares of dupont taking a hit after earnings came in short. Dow component announcing plans to cut 1,500 jobs over the next 18 months. 3m matching wall street estimates ...
June 19, 2024
Look to portugal, tenyear rocketed to 4 , was 358 friday as the european indexes there are firmly in the red. Road map begins with the sell off on the globe; jobless claims fall from a week ago, and european worries drag down equities in the u. S. Family dollar profits fall for the third time as Carl Quintanilla icahn continues to push for the sale of the company. Costco, sales flat in premarket despite same store sale numbers strong. Allergan fights back after the bid to take it over. Well hear...
June 19, 2024
Since the Obama Administration began. You got to ask yourself why isnt this market down more than it is . How in the heck have stocks managed to stay resilient with the averages actually up most of the day before backsliding. Dow closing off 67 points. S p declining 0. 2 . But the nasdaq actually inching up 0. 08 . Any explanation for the underlying strength is pure supposition. We should be going down hard right now. Right here. As we did right about now, for every single federal level imbrogli...
June 19, 2024
Disclosure detailing alarming allegations about twitter security practices. Without objection, his disclosure will be entered into the record. The name is peter. Thank you for joining us. You are here to serve a subpoena, so that the public can hear the details of your disclosure. Youve alleged a number of security flaws and weaknesses within, flaws that may pose a direct threat to the safety and privacy of twitters hundreds of millions of users as well as Americas National security. This actual...
June 19, 2024
Sen. Durbin resuming the hearing. Sen. Whitehouse for questions. Sen. Whitehouse . Thank you very much. Mr. Zatko, i wanted to follow up a little bit on the repeated suggestions you have made in your testimony that the cybersecurity vulnerabilities will expose the United States to risks and to attacks and that security failures threaten the countrys National Security. Good with that . Peiter yes, sir. Sen. Whitehouse i guess he didnt add buyers we saw the same thing with facebook when they were ...
June 19, 2024
7. 3 , heres the logical question nobody ever asked. How exactly do we bargain hunt successfully . Whats the secret to successful bargain hunting . Well, its actually much more simple. I hate to make thingses difficult. We just look at the best performers from the quarter that just ended. Theyre the logical places to go, especially since nothings happened to change their fortunes in the last week and a half so lets get right down to it. You know what was the top quarter . Its the Top Performing ...
June 19, 2024
China says they plan to build five more plants in china next year. Eunice yoon will join us with more news in a minute. Look at my font. What happened . Who knows. Wait a second. You have no idea. Anything on any given day you can read that from 30 feet away. I can see it. Im fine. Thats right, you are good with the distance, right . I was a good boy in high school. Anyway n corporate news, pfizer reportedly approached british rival astrazeneca to propose a 101 billion merger or takeover accordi...
June 19, 2024
Currency wars . At some point we ask for, have a weak dollar, which active in the next country can buy the same machines and shop in barcelona, see the local market. Are we looking at that end of the equation in terms of the offtake as they say in biofuels . Well, theres a famous economist in the 1800s called Jean Baptiste say that man creates its own demand and that is certainly true, particularly in this case. As companies become more perfect is come at cheaper the kind cheaper. So we dont hav...