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CNBC Fast Money July 13, 2024 - Vimarsana News

CNBC Fast Money July 13, 2024

Next week getting results from walmart and jcpenney then kicking into high gear barreling toward black friday. Is there a giant moment of truth for the consumer. Everybody says about the healthy of the consumer. Never underestimate the u. S. Consumer want to spend doesnt mean they should be spending they have jobs thats great as long as the stock market goes higher every day whether people have a dollar or not in it they will spend money because they feel the economy is doing better thats the calculus i make with the alltime high in the stock market i think the consumer continues to spend does...

CNBC Fast Money July 13, 2024 - Vimarsana News

CNBC Fast Money July 13, 2024

Russell 2000 index that got our attention this evening the index hitting its own fresh 52week high are the small caps saying big things about the health of this record rally guy. Tim has talked about this and good for dan nathan. Why are you shaking your head . Why . Its monday. Were 30 seconds in. Youre already a downer. Dan mentioned it on the call. Everybody said dan is a downer hes not a downer, he pointed out the russell. 161. 5. That was the high back in may. These are pretty interesting levels the real high is at 173 that we traded back in august 2018 but the small caps are absolutely t...

CNBC Closing Bell July 13, 2024 - Vimarsana News

CNBC Closing Bell July 13, 2024

Headlines are moving stocks much higher were going to dig into those. And driving the action this week, media disruption well get the Details Behind hbo max, friday is the launch of appletv plus, and disney plus launches next friday so all of this week on closing bell, were going to take a deeper dive into the strategies, investments, and personalities behind the changes happening in media. Today, well talk to billionaire, ted leansus, the owner of Washington Wizards and capitals about the value of live sports thats all coming up after the bell its going to be a very big show here today and jo...

BLOOMBERG Bloomberg Markets Americas July 13, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 13, 2024

Investors seem to be taking that news prewell. I want to point to the that news pretty well. I want to point to the 10 year yield at 1. 71 . Brexit news countered by a little bit of trade news. Guy absolutely. Brexit news helping the pound out, up a little bit. Volatility is spiking on the sterling. The turkish lira down again, but not by that much. Sanctions coming out of washington could have been worse. The saudi market in a bear market. Back to you. Vonnie i do want to point to a headline about gm. As we know, it is in talks with United Auto Workers union. The ceo of gm is now said to be i...

BLOOMBERG Whatd You Miss July 13, 2024 - Vimarsana News

BLOOMBERG Whatd You Miss July 13, 2024

Abigail underperformance, major averages at the dow and s p 500 relative to dow transports, look at that. The dow and s p 500 index recovering after the dow presser, dow transports however, not so much, lows down 2 at that point on pace for worst daily performance since august, has to do with weakness with c8 robinson, writer, logistics companies. When we put it into the context of the year to date chart, they are having a good year. They have0 index, traded in a directionally correlated manner for the most part. Now a bit of a divergence. The last one did not prove to be bearish for the s p 5...