Veeva Systems News Today

Were red now across the board as we show you where the major averages are down. The s p down about 1. 5 . Josh, i turn to you. A lot of hurdles to get over were watching texas and florida. The banks are under pressure because of the regulations from the fed about dividends and buybacks you have the nike news with the big miss off its earnings. You have a Tall Mountain to climb today. Yeah, i agree with you. Theres a lot of stories swirling around right now and most arent feel good for stocks the...

Behemoth consolidates a space under going massive upheaval it started with smaub cutting commissions to zero. Sparking a flurry of headlines over the frantic race to the many bottom. With the news of the deals between the two giants mass the race to zero become a sprint for survival guy. I dont know. Hello, mel. Hello. I dont know if its a race to zero or sprint to survival. Its genius by schwab. Dan nathan alluded to it a few weeks ago. Schwab was genius, cut rates to zero watched the keters go...

Countless unarmed Israeli Citizens being massacred. How the heck could we rally with the dow gaining and the nasdaq advancing 0. 39 . Maybe it is because there seemed to be no direct consequence for the united states. Maybe it is because we are desensitized after the war in ukraine and russia. We treaded low all morning. Then in early afternoon we started rallying. Why . Because fed board of governors vice chair Phillip Jefferson made dovish comments that immediately pushed stocks higher. He tol...

Advancing and new indices hit all time highs. That was easy. The bulls need to see a broadening outside of the winners. Todays rally encompassed more than a handful of stocks and internet darlings and tesla. A lot of investors have been worried this market was too narrow, it didnt have what we call the breath, the breath needed for a sustained advance. Todays rally was about as broadbased as weve seen all year. It has to be a tad disconcerting to the bears, who are betting we are on the verge of...

Ring the register 24 hours ago, all i kept hearing was sell the news. The trump rally is tired. The guys too divisive. Hell never get anything done. Time to take profits. Oh, you heard it too. The bulls long in the tooth. The rotations are over. A lot of really smart guys said its time to get out. Buy the puts. Put on the shorts. Sell, sell, sell. Well, they shouldnt look all that smart today. Dow surging 303 points. S p pole vaulting 1. 37 . Nasdaq soaring 1. 35 . Hallelujah this is why i alway...

Twice, weve had flash crashes, including one that occurred this very day last year, 2015. Whats a flash crash . Its when the market drops quickly, almost in the blink of an eye, resulting in a dramatic down turn of about 1,000 dow points. Its not the definition of an afternoon plummet six years, hence the fool me once, fool me twice rule. Thats why i want to set up some crru when the next one comes. Notice i didnt say if. I said when. Because if you implement good rules, were dealing with machin...

Twice, weve had flash crashes, including one that occurred this very day last year, 2015. Whats a flash crash . Its when the market drops quickly, almost in the blink of an eye, resulting in a dramatic down turn of about 1,000 dow points. Its not the definition of an afternoon plummet six years, hence the fool me once, fool me twice rule. Thats why i want to set up some when the next one comes. Notice i didnt say if. I said when. Because if you implement good rules, were dealing with machines. W...

Gold steady around 1275, as for europe, mildly week action despite an eightmonth high in uk investor confidence. We are right up against the deadline. Senate leaders say theyre hopeful about a deal today. Our Credit Rating on review for a possible downgrade. Twitter selecting the New York Stock Exchange over the nasdaq for its highly anticipated ipo. And apple saying it will cut orders for the smartphone in the fourth quarter. One day to go until the debt ceiling deadline. The ball is back in th...

Looked less likely. The dow shot up 206, the nasdaq 45, s p raced up 24 and is back above 1,700. Gold and oil fell slightly. Also helping to prop up the market the fed sees modest to moderate economic growth. In earnings after hours ibm earnings beat wall streets view but revenue came up short. Ebay dissappointed the market. Earnings were up but the outlook as down. Microsoft releases its windows 8. 1 upgrade as a free downgrade starting today. The software is attempting to bridge the gap betwee...

Something like that, helping the economy. Jobs, what was it . Today, of course, those minutes were forgotten and the dow soared 109 points, s p climbed. 81 . Nasdaq surged. Typical of what happens every single time with these minutes, and it is driving me crazy especially after the dow closed above 16,000, and so many people have been left behind by this unabashed bull market. So im steamed. And tonight, im venting. I think theres a tremendous failure of imagination out there when it comes to th...