Inflation. You can jump up and down, screaming that the fed has to raise rates and Start Talking about the november or the december meetings. Or you can just get on with your life darn it and start buying the stocks in companies that do have growth. Either way were now past the big bad event and that almost always brings in buyers which is what happened today. The dow rallied 164 points. S p gained 1. 09 be ands nasdaq kpliemed 1. 03 . I say you got to say to yourself, how come im not upset about the feds decision to do nothing . Because like janet yellen, i see little infrags and low growth on the horizon, which means raising rates would be kind of a stupid idea. Why does the fed need to tighten with inflation tamed and retail sales weak, manufacturing turning more negative . Whats the point . To appease the critics . To make it so the commentators that come on tv and predict stay rate hike look smarter . To say, who cares, lets tighten . Party down, tighten . The fed is not on autopi
Costanie because lawyers so much money. Lets get a check on the markets. Futures are positive. 24 points up on the dow. Up around four points. It is the oil majors leading the game and europe. You see wti on the screen up 2. 8 . We are at a sevenday losing at 1. 13. D the euro is lets go to vonnie quinn. Have a republicans will contested president ial Convention Ted Cruz succeeded over donald trump in the wisconsin primary. Ted cruz calls this a turning point and says republicans now have a real choice. We are winning because we are uniting the republican party. Hillary clinton, get ready. Here we come. Vonnie donald trump is still on top. 143 delegates for john kasich. Noovan donald trump made concessions beach, he issued a statement. Meanwhile, Bernie Sanders is on a hot streak. He beat Hillary Clinton in wisconsin and taking 57 of the vote. Now, he has is eyes on the next prize. The New York Primary is april 19. Helen clark will run for secretary general of the united nations. A wom
S p is positive. Nasdaq has gone negative. Oil is a big story, dropping below 32 bucks a barrel. Down 4 for both brent and crude for wti or for brent and wti. Wti now lowest level in ten years. Wonder weathering crude or china fears could lead to an even deeper pullback. Pete what do you think . China dominated headlines last week. China dominated headlines last week. Started on monday through the rest of the week. Then the price of Oil Last Week as well. The complete plummeting each and every day seemed to get a little bit lower. Watching it again today. Copper under 2 bucks as well. Theres a lot going on right now. North korea last week as well. Throw that into the mix. You look at freeport. Weve been talking about certain names. That one has the copper complex as well as the energy. They are one to watch. Morgan stanley now. Jimmy talking about oil going to 20 bucks. It just brings it back into focus and maybe takes china off the front page. Even that market down 5 overnight. But it
The gas business and mitsubishi would look into the turbines. And pipeline Williams Company is acquiring midstream for 6 billion. This will give them Master Limited partnership. Andrew, a lot of activity out there. That is. It was a crazy, busy weekend. To believe all those deals are happening. Plus well talk about the inversion step. This deal is different from the ones we have seen before in terms of why the Tax Implications are what they are. This is more about the money being abroad and not bringing it back. And well also talk now about other Corporate News because a rough sunday was had by target. A glitch in the retailers customer checkout systems ended up causing huge delays, long lines at some stores in five different states. And social media blew up everywhere with complaints of the backups. The company says the glitch is not related to a security issue, but nonetheless, if you have read the twitter feeds, you would think other things. Well, the global markets, meanwhile, cont
7. 3 , heres the logical question nobody ever asked. How exactly do we bargain hunt successfully . Whats the secret to successful bargain hunting . Well, its actually much more simple. I hate to make thingses difficult. We just look at the best performers from the quarter that just ended. Theyre the logical places to go, especially since nothings happened to change their fortunes in the last week and a half so lets get right down to it. You know what was the top quarter . Its the Top Performing stocks of the second quarter, it took me by surprise. I hit it up a bunch of times. Williams company and thats where the symbol came from. And its always been a strong competitor, and its now a powerhouse, why . Because it bought access midstream partners. Yes, it paid up 50 , but this acquisition was incredibly added to earnings in what looked like an overpayment turned out to be totally justified. This is what it looked for, acquirers people mlps, National Partnerships and hard to imagine the