Political relief rally banks are in focus this morning. This is bank of america calls citigroup its pick of the decade. The ceo of ulta will join us at post 9 this hour. Well begin with stocks on track to open at record highs. Also adding to positive sentiment, china confirming the vice premier will head to washington next week for the signing of that phase one trade agreement with the United States jim, its going to be busy next week between that and the kickoff of corporate earnings. It sure seems like everybody believes everything is going to be good. A sheer mention of the banks is really underestimated. There are so many people saying buy these. Why does that matter thats who kicks off earnings season already the expectations are pretty high. They better deliver after this run. And thats what these upgrades are mostly all about. I mean specifically on the banks. Goldman getting not one upgrade but two today out of buckingham and b of a, as b of a or it goes from 270 to 245 what ne
The subcommittee on water oceans good morning. The subcommittee on water, oceans, and wildlife will come to order. This subcommittee is mint street hear testimony on h. R. 2245, the cecil act. And committee rule, any oral statement that there are limited to the chairman and the Ranking Member. The vice chair and the vice Ranking Member. This allows us to get from our witnesses soon and helps members keep their schedule. I asked anonymous consent all of the members Opening Statements be made part of the hearing record if they are submitted to the subcommittee clerk by 5 p. M. Today or the close of hearing whichever comes first. During no objection, it is so ordered. One other bit of housekeeping. Im told votes are expected in about 30 minutes. That will interrupt our hearing this morning. We will recess for those votes and then we will come back as soon as we can get that finish line apologist for the inconvenient but sometimes thats what we have to do things around here. Good morning.
Control all of our media now were seeing the same thing on the internet so to speak words like ok theres like these Major Companies they control and whats frightening about that is what i talked about at the start of the show you know is googles ties to the Intelligence Community that they dont really have that as they deny they say look you know see i didnt start us and they didnt see i didnt start them but there definitely was fingerprints there early early early early on before going on even our google money you know investing in the technology that ultimately became the Search Engine for google yeah so which is obvious i mean i dont think its that odd or out of line. Its not a Conspiracy Theory they do they invest in other areas they use taxpayer money to boost certain areas that they feel would be helpful in defense in and maybe any intelligent being cynical but then you have to ask that next question is is if if if i gave you a bunch of money to have out there when you were first
Composite up even more 1. 35 . Materials and financials leading the charge as you see right there. And this rally could keep going, thats the question, will it . As we close out this quarter. Were very close. Bob pisani on the nyse floor here to explain. Hi, bob. And the important thing is weve stopped having an influence from brexit and seem to be looking at people picking up bargains right now. Lets take a look at the markets midday. Weve got an end of the quarter rally going on 8to1 advancing declining stocks, thats better than yesterday. It was 6to1. Volume again on the heavy side. Buying interest with heavy volume, stocks up good indicator overall. And volatility, the vix is back to prebrexit levels, back to levels it was last week prior to that vote here. Number of beaten up sectors are rallying. Weve had quite a rally in commodities and commodity stocks. Look at this south africa, this is an etf, brazil is up, steel stocks are up 3 , oil and Gas Exploration and production stocks
And sun mix on the way as well. There is rain out to the west. The own thing were looking for today is a very stray thunderstorm. Most of you probably missed that this afternoon. Tomorrow there will be a better chance of some precipitation. 73 degrees in philadelphia right now and 72 in allentown. Again, a bit on the humid side. Youll feel that i think as you step outside. 72 in wilmington. 70 in trenton. 72 in sea isle. Very even numbers early on. Your dewpoints are up there. Were in the mid 60s in philadelphia. Upper 60s in wilmington and up over 70 in some areas down south. Anything over 60 is humid. You get around 65 and youre getting fairly noticeably humid out there so a bit more so today than yesterday probably in some neighborhoods. And these numbers are going to climb today. 79 by 9 00, 87 by noon. 91 degrees then by 3 oclock and were probably going the hit our high of 92 right there about 4 oclock before we dip back to 88 by 6 oclock. The other issue of course is down the coa