Averages nasdaq s p 500 and bit igher by. 5 or a more. 2000. Out russell the optimism is back about tax cuts and what it will economy and we have the earnings season getting under way tomorrow with some of the big banks. Those in a t moment. But first, lets look at a few of the stocks that are 2000 g the russell higher. These are small cap stocks. 17 . Ress software up they beat earnings and sales estimates. Same thing with k. B. Home. They beat earnings by more than 9 . Stands out in contrast to yesterdays lennar. S miss by company, the brinks up almost 9 . These are some small cap winners. The earning season overall, lets hop bloomberg and look at the yearoveryear Earnings Growth. In 2013 and 14, ecent growth, but then we see an earnings recession 16. Here to 2015, 2017, lots of growth. 20 last year. This is the estimate for the Fourth Quarter that well be at. Ing up 11. 8 . That according to mkm. Be more reason to think why the stock market is rallying on the day and to if ontinue c
Phil mattingly looks to update u. S. Licensing laws. Moves to reform veteran health care. Theres the wrapup of the General Motors shareholder meeting. What was the takeaway . Thiswas preparing for meeting. I looked over the transcripts of last years meeting and dan ackerson ran the meeting for only an hour. I thought this one was going to take a lot longer. This company is in real trouble with the ignition switch recall. A recalls 14 million vehicles this year. That is 12 times more than the number of vehicles they sold in the same amount of time. Sales have been on a steady rise. Companye clear that the only has a few hurdles to go before it has this issue, if not behind it, but at least dealt with. The messages to clear things that we need to do. Do the right things for those that were harmed. Wem committing to make sure create the right organization, the right process, so that this never happens again. Hurdles thatjor they had to clear our a congressional hearing. They will be grill