Im wilfred frost. Im seema mody in for sara eisen. Always good to be by your side. Lovrnlgts l lovely to have you here. Yesterday the dow losing 22 points but the nasdaq hitting another record high, a divergence between the major indices. Looking at the futures where theyre trading on tuesday morning, if youre just waking up with us. Here we go. S p 500 calling for a higher open by one point. Dow jones higher by 13 points. Bp earnings, results is something investors are digesting. Nasdaq higher by 8. We will keep a close eye on the nasdaq throughout the day. Apple hitting a record high now up 25 this year ahead of its highly an tess pated earnings report, which is die this afternoon. Ju the nasdaq composite, a big mover of the overall index. Quick note on treasuries, looking at where the bond market is trading now. When headlines began to cross about the 4. 3 reading in the gdp model forecast we saw a sharp drop in treasuries and gold. Tenyear note yielding 2. 33 . Yesterday, as you sa
Disadvantage. That was a predeal with 108 dividend payout ratio projected for next year. Post deal, down to 70. The growth from enterprise r revenue at level three and synergies offset the declines and you fast forward and the new company two years out is a 2 grower at the top line. Not a 2 shrinker. We have the opportunity to take the best of both cultures, the best of century link and apply it across the bigger asset base. When do you see a deal 40 cash flow, increases the asset mix and the stock trades down . So management doesnt come together or you use the football analogy with the patriots not keeping tom brady on the bench. What happens if they give you the heisman . I think were in the fourth quarter. Were sharing this today. Weve had great constructive dialogue so far. We told them we would be sharing an idea. Theyve responded constructively. And then i believe the idea will snowball. I believe stakeholders will get behind this and that we can get this to happen. My goal is ge
Happen because the journal story last night, also about the huge i think its 7 or 6 of the market are now owned by etfs, which is great until its not. There is a growing group of folks who are thinking if were just buying stocks en masse, will any reversal like the qqq, 100 stocks effectively. But five stocksmake up 40 of the index. So thats why people say, why do you talk about these stocks all the time because their weight matters. Theyre so powerful within the index. Earlier today, i was looking at the s p 500, there were probably only 75 stocks that were positive on the day. By the way, the last down month for nasdaq was october of last year for the s p and dow. It was sooner than i thought it was actually back in march. We should appointment out, this isnt a complete selloff this is a day very much about rotation youve got correct. Selloffs in the momentum stocks, technology in particular a lot of those stocks are not returning to levels that are frightping at this point yet but p
Less than 5 bucks. First, we start off with the end of the first half of the year. If youre in, youre probably feeling good the dow is up 8 this year s p up 8. 5 . Nasdaq up a whopping 14 financials just posted their best week in a year. Energy looks like it could be turn iing a corner here, so the question is simple if you muss missed out, what should you buy now to help you play catch up in the second half of the year . Well, i think its the financials you can still do that, right weve had that big rally we know Interest Rates are probably going higher. Central banks have told you that theyre probably the best place to be for the second half of the year it might not be a six month type of trade it might be a two or three month type of trade pause at some point, Interest Rates become a head wind for the economy. Theyve seen momentum in the past month or so theres a lot of great things happening. Rates moving is is one and the sea car results were yut standing expected, but even beyond
A law heading into turn number 3, once the green is displayed. The leader must reach. If the leader reaches that line in turn 3, there it is on the wall, then its considered an official attempt and the next flag will end the race, whether its the white flag coming around to take the checkered or theres a caution. We saw it last week at indy. As kasey kahne approached the line, carnage behind him but he reached the line before the caution came out. Well see, marty . Marty Chris Gabehart did tell ryan preece its going to be an overtime restart. As you mentioned, dave. Ryan preece kale on the radio and said this is more my game. And they joked back, hey, we havent seen anything thats not your game what are you talking about . He said you just wait and see. I think ryan preece is kind of viewing this a little overtime restart, as a short track saturday night restart. Hes pretty good at those, dave. Dave he is, marty. Been doing that most of his life. Started racing at age six. Worked his w