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Consumer sentiment levels rising slightly there are some signs momentum is faltering. Corporate america making big layoffs. Underlying the wall street main street divide. 59 minutes left in the trading week s p 500 set for its sixth Straight Record closing high 7th day in a row of gains and 5th week in a row of gains coming up in a few minutes. Were going to speak with James Bullard about this weeks major fed policy shift the strength of this recovery, washington stimulus stalemate and much more. A bold call on energy, we will speak with a strategist who says now is the time to buy the sector continues to lag far behind the Broader Market, despite todays pop. Lets get straight to this resilient market, the s p 500 looking to close out its 7th straight day of gains, the dow turning positive for the year. Mike san tolly tr ....
Up acronym for not as bad as fear while it seems to gain on the surface, the nasdaq rising 0. 40 , underneath there were some bewildering moves that remind us the market doesnt always behave the way we expect it to. In particular, a bunch of stocks rallied today, even though they reported what looked like simply awful numbers. If youre befuddled, you have come to the right place. How does the stock end up going higher in the wake of a seemingly ugly quarter, its all about my buddy, pal, friend nabaf. Let me show you how it works we start with the railroads. The railroads are the best example. All aboard this Morning Union pacific reported by what even by its own admission was a disappointing quarter. [ crying ] their sales were weaker across every single cargo line. Unreasonable downtown 20 . Premium, that includes the position down 9 , ag off 1 . Industrial down 1 the cause of this weakness some cargos have been troubled for a lon ....