Morning. Dow is currently up triple digits making up for two days of losses, and well get more on whats moving in the markets. First, tesla is going on a hiring spree. According to the journal, tesla is looking to add thousands of employees in the next few years to hold off competition in the auto industry. Of course, this news comes just a few weeks after elan musk put out a call on twitter for what he called hard Core Software engineers and said he would interview people personally. Jason, do you sense that competition is heating up for engineers and if so, who do you think tesla is competing squarely against . If you are going to work for elan musk, its like a basketball player going to play with Michael Jordan or lebron james or steph curry. It is the number one destination for the most talented engineers in the world. Steve jobs would have been probably the number one destination or tied with elan musk, but there is nobody los to elan musk in terms of desirability for an engineer
There are endless legal bills associated with the deadweight asset and the sooner Citi Holdings disappear the better. House of pleasure. How about the fact that citi posted 11 Revenue Growth year over year in the very markets i was worried about. Hard to get double digit Revenue Growth. Have you seen the terrific decline . Loan loss analysis . Thats equal to 3. 4 of the loans at the end of the prior quarter. These are big banks so the numbers seem large, but theyre nothing compared to the overall. Finally capital levels are in excellent shape and regulators have nothing to fear here. Theyve risen from 43 to 52 since the 10 for 1 split a few years ago. Remember, divided by ten. Institutions dont like to own stocks under five. The submit made some sense to do. From now on, though, it will be the earnings that drive the stock and the earnings are there and citigroup is not done and it is a cheap stock and the big bets against it no longer hold water. I say citis a buy. How about leap wire
[ buzzer ] after another day shrugged off the negative. The s p rising 1. 4 , and do you know the nasdaq 100 is now up an astounding 14 days in a row . Did you know that the s p has now closed up eight straight day, the longest win streak since november 2004 . Hallelujah and the analysts just dont believe in this market and the afterlife of stocks that keep coming roaring back, vampirelike. Today is none other than free, left for dead stocks by the analysts roaring back to life, three true blood stocks the wall Street Community didnt care for. Increasin increasingly, maybe theyre warming up to or have been too late to take an action on because they were just plain wrong im talking about citigroup, wireless and the ones that drove up a buck today as the analysts scrambled to show this some love. Was citigroup perfect . Think not. No one perfect than j. P. Morgan and wells fargo this week. Sometimes imperfect isnt up especially when so many analysts and short sellers are betting against
Off the negative. The s p rising 1. 4 , and do you know the nasdaq 100 is now up an astounding 14 days in a row . Did you know that the s p has now closed up eight straight days, the longest win streak since november 2004 . Hallelujah and the analysts just dont believe in this market and the afterlife of stocks that keep coming roaring back, vampirelike. Today is none other than free, left for dead stocks by the analysts roaring back to life, three true blood stocks the wall Street Community didnt care for. Increasingly, maybe theyre warming up to or have been too late to take an action on because they were just plain wrong im talking about citigroup, wireless and the ones that drove up a buck today as the analysts scrambled to show this some love. Was citigroup perfect . Think not. No one perfect than j. P. Morgan and wells fargo this week. Sometimes imperfect isnt up especially when so many analysts and short sellers are betting against you. The house of pain i know i was concerned a