Page 6 - Services Names News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Strong session. That sector going for its seventh straight day of gains. The only other areas with some green on the board kind of feels a little suspect as this last hour begins, well keep our eyes focused there as well. It takes us to our talk of the tape. Is the markets uncanny resiliency throughout much of 2023 a sign of whats to come in the months ahead or just too much to maintain. Lets ask eric johnston, hes made his case on this show that stocks are due for a big drop, and on the other side, nfjs john mowry who argued investors have been too negative. Both joining me live. Its good to ...

Uber is down 9 . Its been a great performer. You and josh have talked about how great this stock has been. Does this tell us anything about the state of the growth trade in the here and now its not like the Earnings Report was that bad. I think its a great example of a measurement for sentiment and positioning. If you think about growth, s p growth over the last year is up 30 . You think about s p value, its only up about 18 . So where are our speculators positioned theyre positioned more towards the growth trade, and clearly uber is a classic example of that look at the analyst community. Sco...

Just not in qe times anymore. Youre in the qt era. It is a higher rate environment. Cant be the same multiples as before. It is not bad, just different. Just a different environment. Pretty clear from my conversation with the Hedge Fund Legend hes trying to figure out what the right multiin many this market is like all of you is. Is it 18 times, 19 times, 16 is it lower than that . If so, that wouldnt be great. Thats what he said. Not terrible, but he did tell me about a new investment he made yesterday. Know what he did . He got 6 on his cd for six months. So he put some cash there. Like a lo...

And happy friday, welcome to power lunch. Aisle melissa three, three major averages all lower this hour the dow is on track for its second straight weekly gain. Investors, again, somehow shrugging off fears about north korea. Check out the movers were watching for you, first solar soaring hitting 52week highs. Reports the u. S. Trade commission is considering slapping tariffs on foreign imports of solar product the crazy moves on finish line retailer was down 11 earlier on its profit miss. Now up 9 , the big move looking more like a short squeeze. The stock has a 29 Short Interest phillips 66 ...

Some are coming in. 44 basis points, a big move this week. Sterling is a little bit weaker after the weaker confidence numbers. The vix is up 50 yesterday. Its the weakest quarterly average since 2006. Gold futures pretty much go nowhere. Is important Economic Data coming up at 830 a. M. Eastern. May, data is of being watched. Time, they are calling for little change to the preliminary estimate. At 1 00, investors will be watching the weekly recap. This is the longest uptrend in two months. Alix look at that. Ofy good Economic Data out europe today. A prudent call for approach to normalization...