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London and it works really well. Sometimes not so much but in some cases i agree with your priorities isolation, thank you as we kickoff the final hour of trade stocks are on pace for the best threeday performance since november Dow Jones Industrials up 108 points the s p getting 41 the nasdaq 150 points russell 2000 the biggest percentage of 25 points. No massive individual gains but when you punch up the five day chart we start with the russell because that best shows a muscular move of about 3 and it leads to the small and midcap breaking of bigtime, billionaire investor leon cooperman about to reveal to stocks in the russell that he has unmassed quite mistaken why he remains fully invested and will ask the Business School grad the news breaking couple of hours ago that his alma mater has canceled the main ....
With a three handle. A shutdown possibly this weekend. Shares of nike are rallying despite the first revenue miss. The company saying that it sees resilient up canner both here in the u. S. And in china. And the street now braces for a potential Government Shutdown as soon as tomorrow night. Meantime we knew pce was going to be the tent pole data point of the week and some relief we got. Yeah, people leaning towards the idea that it would be a relatively softer number based on some of the clues going into it. As expected, we spoke around the close yesterday, i said that were going to be allowed to mark our fear to reality here. Because it has been all about, wait, what is going on with the messy selloff. It seems upnanchored and a life of its own. And yesterday gdp revision, today pce inflation number. So we have the economy we more or less thought we had. Getting a bit of a bid in stocks. It is all coming together almost a l ....
It feels to me the next couple years should be quite strong. You will see businesses expecting and i would expect the next two years to be on the current path to be good years for the economy. Charles fire . Tammy, i have been watching these things for 20 years. Some of the classic dustups between Maxine Walters and allen greenspan. But they beat him up today and would not accept the fact that this economy is on fire. Tammy you have them on display to edit into a commercial for people back home. That does no one any good service because people at home are already benefiting from Donald Trumps tax cuts and tax reform. But they are still stuck within that pit of not being able to embrace the fact that everyones lives are improving. They are part of the government but they refuse to. But it also speaks to the fact within what they are stuck in, the financial aspects, they dont wa ....
Yesterday markets didnt hold on to the morning gains. The markets down for the fifth day in a row. You can see things picking up this morning with the dow futures up by 85 points. S p futures up by 11 and nasdaq up by 37. Flat yesterday . Down by about five points for the dow. Yeah. Lets tell you about some stocks to watch. Barely down but ended down for five days in a row. You know the dow is one thing. Comcast was up. I just happened to see it. Not that it matters. A couple of stocks to watch. Intel with better than expected Quarterly Results. Growth in its Data Center Business that helped offset demand for pcs that used the companys chips. Well talk to an analyst about all of that. Also netflix shares are up sharply. Company adding more subscribers than forecast in the latest quarter helped by overseas expansion and that stock rocketed yesterday afternoon and ebay ....
Continue to hide out in stocks . Brian kelly, what do you make of this . Well, whats happened over the last month or actually couple of months here is youve seen a tremendous amount of volatility in the commodity space, in foreign currency and hasnt translated into the u. S. Equity market. I do think ultimately when you see oil going down like this and the intraday reversal today in the dollar to me is notable because that shows theres the big carry trade thats being unwind as commodities come down. Ultimately that will hurt u. S. Stocks. We have seen elevated levels, though, of volatility in the oil markets and the currency markets for quite some time and the markets are still very close to record highs. Granted theyve had their ups and downs but still right now close to record highs. What happened to that theory that eventually that volatility will creep in . Hasnt yet. Not yet. I mean, we had the vix hover around 12 again. Its pretty unbelievable the s p is still at these levels. It ....