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This years no different while the averages got hit and dow dipped 120, and the nasdaq only slipping three basis points, in fact, the nasdaq, though, is up more than a percent for the year while the other averages are barely positive and the tech part of the index which is what im focusing on tonight is pretty much on fire yep, today we saw remarkable moves and all sorts of tech stocks after analyst after analyst issued bullish recommendations that reverberated throughout the whole sector pit action this is a special time when the analysts survey their universe and make predictions so far the p...

All coming after the markets are coming off a very strong month of june. For the dow, it was the best june performance in over 80 years. You have to go back to 1938 for the month. The dow was up by 7. 2 s p was up by 6. 9 for the month that is its best performance since 1955 and the nasdaq was up by 6. 9 and thats its best performance since the year 2000. Taking a look at what happened overnight in asia, hong kong was closed for a Public Holiday but those markets that were open also up very sharply on again, this idea that trade talks are back on. The nikkei was up by 2. 1 . Shanghai composite...

Thats what i keep thinking on a day like today stocks trashed a week ago, started rebounding like crazy. Dow gaining, s p advancing and nasdaq 0. 54 makes you wonder about the markets rationality youre wondering, thinking is it even sane . For the most part nothing wrong with the stocks that. Reporter zbls. That were hammered in the selloff. But market is not crazy or irrational in reality traders tend to make wild overgenralizations, act fast mistake to assume they know what theyre doing. In short the market is often wrong but we credit the action with being brilliant how wrong with the marke...

President trump staying on his manufacturing message, hosting Auto Industry leaders for a breakfast at the white house this hour. Well take you there live. Plus, an eye on earnings. Five dow components reporting results this morning, including verizon, j j and dupont. And alibaba reporting Quarterly Earnings and raising its guidance. How investments, cloud and Digital Media are paying off for the chinese giant. Yesterday at this time, Industry Leaders were meeting with the president. Nowceos of auto makers. The president tweeted, will be meeting at 9 00 with automobile executives concerning jo...

Meeting in doha on sunday. We have citigroup head of commodities saying we could see a big selloff in crude oil come monday morning if a credible agreement is not reached this weekend. And ed morris will join us live to explain all of that in just a minute. Those big banks are pulling back slightly after rallying this week. Theres another Financial Group moving higher the last couple of weeks. Well tell you what that is and if its sustainable coming up. Apple shares falling just in the last hour on those reports. I think weve got the chart. There it is, down 1. 7 , lowered iphone production in...