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June 23, 2024
Investors. Dow gained, nasdaq rocketedstra much alphabet and amazon. Not to mention microsoft. Thats four straight week in the black for the averages. I find that amazing. With the Global Economy obviously slowing, this market is taking up the big industrials and the tech stocks and throwing away the witnesstreasured healthcare names, at least until today, where they tried to rebound. Industrial and tech have been weighed down by the short dollars. Tell that to the ceos of microsoft and alphabet...
June 23, 2024
That doesnt mean we can ignore the macro data. What are the homebuilders waiting for . How about the new home sales data on monday . Weve also got one Earnings Report ill be following closely on monday. Thats broadcom, a Big Semiconductor company. This market used to adore the stocks of target. This morning another semiconductor company, freescale, being acquired by msp semi, is reporting a low number, in part because of china. In broadcom notes any similar weakness, it does a lot of telco equip...
June 23, 2024
Industrial and tech have been weighed down by the short dollars. Tell that to the ceos of microsoft and alphabet, which is of course google, and amazon, who stopped the shorts last night. Down there giving them the business with magnificent earnings and fabulous Conference Calls. More on that later. That doesnt mean my thesis goes away. Today healthcare may have escaped from the bears den. But now retail is being mauled. Footwear star sketchers fell short of estimates, something well talk about ...
June 23, 2024
Is taking up the big industrials away the witnesstreasured healthcare names, at least until today, where they tried to rebound. Industrial and tech have been dollars. Tell that to the ceos of of course google, and amazon, who stopped the shorts last night. Down there giving them the business with magnificent earnings and fabulous Conference Calls. More on that later. That doesnt mean my thesis goes today healthcare may have escaped from the bears den. Footwear star sketchers fell short of estima...
June 20, 2024
People worried about washington keeping their spending type. Time for stocks now. Nicole petallides is at the new york Stock Exchange. Nicole the dow is down about ten points. The s p pulling back one quarter of 1 . A lot of the retailers loved like the biggest losers. 500 stocks are comprised and represent oriole to autos to airlines. The sector that was really lagging where the retailers. Oil has been moving to the upside. There is a lot going on with that. And oil spike of two dollars. Now, l...
June 14, 2023
Stock futures mixed ahead of key Fed rate decision; Fed poised to skip June rate hike, but summer moves still in play; AMD unveils new AI chip, Amazon reportedly a
October 22, 2015
Do? it earned money instead of losing it. amazon reported a profit of 17 cents a share. revenue came in better than expected. sales for the quarter up 23% from a year ago. and heres the key line -- amazon expects record holiday season. boom, drop the mike. >> this is why they were hiring or -- >> clearly part of it, so -- >> walmart is doing the same. a lot of these guys are doing the same, they must be seeing something out there. >> walmart is having a problem with its own line. heres whats goi...