Nasdaq lost 1. 65 . The reality is it depends, there are thousands of stocks for earnings still matter and matter a lot. There are a handful of highprofile names where they dont seem to mean a thing i have a list of the most i impervious ones. These are seven companies where buyers dont care how the Underlying Companies are doing they just want to own the stock. In each case the thesis so powerful that it overwhelms any mundane. What matters is everyday seems like a buying opportunity where the stock is up or down. The first magnificent seven, netflix. I saw a story today how new york is opening up theaters today 50 per showing who wants that why not stayathome and watch netfl netflix. No one is going to go to the movies around the world which means netflix must be true regardless of what the company says on its report when it reports and reports tomorrow, i want you to wait until it reports if the stock goes down after it reports tomorrow, history says buy it anyway regardless of the
Market we have a great lineup of guests coming your way well speak exclusively with Morgan Stanley ceo james gorman. His take on the markets come back the read on the economy and the strength of the banks. Plus, you will hear from the ceos of macys, Signet Jewelers and brown foreman. Theyre joining us to discuss their path forward for their respective irz stroo respective industries. But lets begin with the Broader Market the rally, take the pause today following the rapid surge that pushed the s p 500 back into territory for the year if we close higher well get another record close for the tech hefin dechl. What you are watching . It does look that way, sarah. A recoil from the recent trends. The headline index is pulling back outside of the index. The majority of volume is to the down side. This is one day where the indices are understating the weakness they want to take a look at the one year really all the pullback meant is a little dip below 3200. It held there and bounced modestl
After an incredible session where the dow surged 223 points breaking through the key 28,000 level. While the s p gained 7. 7 . Six straight up week nasdaq raising on positive trade chatter. I think its within reach. We need to approach this with a certain amount of skepticism but theres a possibility. All that needs the to happen is that the chinese pay market prices for boat loads of pork and get an agreement that opens up their markets to our financial companies. Pork deal wouldnt even be much of a favor chinese need pork. Their pigs have been dropping like flies because of that swine flu. President trump knows chinese want and need our pork yet they keep trying to bargain with him i mean, come on. At this point, i dont think they are that far apart, at least not according to larry kudlow if china doesnt give in and order some bacon it could be curtains the if negotiations fail that ushers in the next rounds of tariff hikes which would, of course, go into effect in december and might
Profiletalked with high alumni that continue to shape the Business Community including. Organ stanley chairman ceo [indiscernible] well hear from james gorman at other chats we had up Columbia Business School and many of those topics, they are week. D this that included a top story war. Week, u. S. China trade however, economics editor warns of unintended consequences. U. S. s almost as if the and china same to be intent on twoding the world into separate spheres just like really globalization in reverse. Use a much more recent analogy, its like the period ii and the cold war when there was soviet blocked comiccon and western doingies really not commerce with each other. That was not good for prosperity anyone. Conversationst with the Columbia Business School this week. Talked about u. S. China trade. Theres too much to be lost on both sides. If the United States and china dont work together. That is right. Involved, yougos get other things aside from the economy involved Like National
Cspan is your unfiltered view of government. Funded by these Television Companies and more including comcast. Are you thinking this is just a Community Center . Know it is way more than that. Comcast is part of 1000 committee centers to create wifi enabled so students from low income families can get the tools they need to be ready for anything. Comcast supportspan as a Public Service along withhese other television providers. Giving you a front row seat to democracy. Next transplant recipients and organ procurement professionals testify on the effectiveness off the organ transplanthe system. This Senate Finance subcommittee on healthcare hearing is about an hour and 45 minutes. [background noises] good morning. The subcommittee on health of the Senate Finance committee will come to order. Hour i first want to thank senator wyden and senator crapo for their help in allowing us to move forward with his hearing today. In regards to transplants. I also want to acknowledge senator young no