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July 16, 2024
Information is incorporated there. Im keeping an eye on relationships between stocks and bonds. Bonds have vastly outperformed you can see the chart in the bond mark ket index. A lot of chatter about how Pension Funds will have to rebalance out of bonds into stocks to keep ratings consistent whether yesterday was a front running of that activity or whether by the way individuals may now use it as an occasion to say my allocation is out of whack because stocks are smaller, that is something we ca...
June 30, 2024
Yeah. Didnt scrooge send over a turkey at the end . He did something. He sent over dinner. And tiny tim was like, wow, its the best christmas. I dont know if that was the book version or the movie version. Im getting a little wait a minute there was a book huh . Yes, charles dickens. I know you know this we had this discussion there was a book it wasnt just a movie some people we know get all their news in tv which we hope is you at home. We hope you are getting your news here today. Look at the...
June 25, 2024
Nightly business. Good evening and welcome. Sue is off tonight. Hundreds of flights cancelled. Thousands more delayed. Thats not what an airline wants in the middle of the Summer Travel season. Thats exactly what happened today to delta. A power outage in atlanta where delta is based triggered a worldwide computer outage grounding flielgts for six hours. Tens of thousands of passengers were marooned. Nothing worked. There was no checkin system, no updated airport screens. Even the website was af...
June 25, 2024
Nightly business. Good evening and welcome. Sue is off tonight. Hundreds of flights cancelled. Thousands more delayed. Thats not what an airline wants in the middle of the Summer Travel season. Thats exactly what happened today to delta. A power outage in atlanta where delta is based triggered a worldwide computer outage grounding flielgts for six hours. Tens of thousands of passengers were marooned. Nothing worked. There was no checkin system, no updated airport screens. Even the website was af...
June 25, 2024
Nightly business. Good evening and welcome. Sue is off tonight. Hundreds of flights cancelled. Thousands more delayed. Thats not what an airline wants in the middle of the Summer Travel season. Thats exactly what happened today to delta. A power outage in atlanta where delta is based triggered a worldwide computer outage grounding flielgts for six hours. Tens of thousands of passengers were marooned. Nothing worked. There was no checkin system, no updated airport screens. Even the website was af...
June 22, 2024
To a rap of mostly economic data. The strongest pace of productivity growth in a year and a half. Along with a drop in labor costs. The private adp survey of job growth was steady and that also helped a bit. Add to that the feds view that the economy is growing and you had a recipe for a stock bounce. By the close, the Dow Jones Industrial average rose 293 points. To 16,351. The nasdaq rose 113, and the s p 500 add 35. Bob delves a little deeper into the rally. Reporter the markets started up an...
June 22, 2024
Investors turn their attention to a rap of mostly economic data. The strongest pace of productivity growth in a year and a half. Along with a drop in labor costs. The private adp survey of job growth was steady and that also helped a bit. Add to that the feds view that the economy is growing and you had a recipe for a stock bounce. By the close, the Dow Jones Industrial average rose 293 points. To 16,351. The nasdaq rose 113, and the s p 500 add 35. Bob delves a little deeper into the rally. Rep...
June 22, 2024
Investors turn their attention to a rap of mostly economic data. The strongest pace of productivity growth in a year and a half. Along with a drop in labor costs. The private adp survey of job growth was steady and that also helped a bit. Add to that the feds view that the economy is growing and you had a recipe for a stock bounce. By the close, the Dow Jones Industrial average rose 293 points. To 16,351. The nasdaq rose 113, and the s p 500 add 35. Bob delves a little deeper into the rally. Rep...
June 13, 2024
Werner Enterprises (NASDAQ:WERN – Get Free Report) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Wednesday. Other equities analysts have also recently issued reports about the stock. Stifel Nicolaus decreased their price target on shares of Werner Enterprises from $42.00 to $39.00 […]
May 31, 2024
StockNews.com lowered shares of Werner Enterprises (NASDAQ:WERN – Free Report) from a hold rating to a sell rating in a research note released on Monday morning. Several other brokerages have also recently issued reports on WERN. Stifel Nicolaus dropped their price objective on shares of Werner Enterprises from $42.00 to $39.00 and set a hold […]