Tweet earlier in the hour does suggest that you think these retailers are prepping us for numbers that are going to be tough to replicate. Yeah, i think that they have to, carl they all know that america was flush from the 1,200 check and they also know there is a lot of stay at home people trying to make their homes into an office and a home, and that thats largely passed now, that doesnt mean that you shouldnt buy these stocks because that money went to these essential retailers and now theyre stronger than ever, but i know that if you are if you are at walmart it does not pay to say this is going to continue same thing with home depot i say you wait, let them come down and recognize that these are just so good that you want to be in them. Particularly, say, if a lowes comes down, thats kind of attractive, they report tomorrow look, these are remarkable companies, but they are also given as remarkable companies are to humility and to a respect to the individual investor they dont wan
Remodeling bigtime during the lockdown. Profits went straight up, sales straight up. Those tools, wallboard and paint, just ran off the shelves. These two companies are economic indicators. They are doing well. The economy apparently recovering nicely. As for the overall market, well, the dow, thats close to the 28,000 level this morning, up about 40 points at the opening bell. The s p, thats just a couple of points away from an alltime high. The nasdaq, already there. By the way, apple is only, what, 10 shy of a 2 trillion valuation. All right. Lets get to it. The Virtual Convention. If it wasnt clear before, it should be clear now. This is Bernie Sanders Democrat Party. He laid out a far left platform and its been adopted by joe biden and kamala harris. Socialists wrote the party platform. Im calling it the Biden Harris Sanders ticket. Its the most progressive t campaign of any Political Party in recent history. Tonight, alexandria ocasiocortez will be a featured speaker. We heard fr
Great to see you. Thanks for having me ted line as you go from 34. 50 to 35. 25 its on the back of what you have coined the epicenter stocks why today to raise your target i think were nearing a really important level a lot of guys are saying this is a sign of a renewed bull market. I think we should be constructive on an all time break out. I think the upside, which is why were raising our target will come from the epicenter. These go back to their february highs. That adds 150 points to the market add to that to are we are today and that gets 35. 25. You said today was going to be the day for this. What you coined monsterous rally. Theres no real indication, tom, that growth is ready to give up its leadership role, is there . No. People have been successful sticking with the Growth Stocks. I think it will tough to give that up plus they are still cheap against bond proxies the epicenter, these companies have rationalized costs. They are making this at 30 of their sales. We get a reco
Welcome youre not alone as individual investor interest grows, so too is the Options Marketplace. Professor mike khouw explains how that could benefit everyone with more diverse product, well, options. Its time to risk less and make more options action starts right now. Lets get right to it. A slew of retailers on deck to report Quarterly Results next week despite todays big pop in Monthly Sales data, our chart master says the recent retail wreckage isnt quite over yet. Carter, what are you seeing in the charts we did get data, as you mentioned. Retail sales today reported that the total value are now higher than covid thats in a way bullish. But the stocks reflect it in aggregate. The first is a comparative chart. Youre looking at xrt, thats the equal weight retail etf. Its 88 stocks, its 3 trillion versus the s p what we know is this index is double the performance of the s p, up 36 versus the s p up 18 so the question is how much is priced in . Second chart, this is a two panel char
We have seen a lot of ups and downs in the Latino Community. None more stark than the last 3. 5 years. Donald trump his administration have pursued an allout assault on latino communities, from the moment he came down that golden escalator saying he was going to take on the mexican rapists. It started the moment he announced his presidency. Feeding the flames of fears and racism against latinos. It is baked into every aspect of how he has governed. This week was an especially poignant reminder of the terrible consequences of allowing that kind of hate to grow unchecked. Butought we could defeat a, it only hides under the rocks. When a president breathes oxygen in, it comes roaring out. On monday, we marked the oneyear anniversary of the tragic mass shooting in el paso where a gunman explicitly sought to target latinos and 23 beautiful lives were stolen from us and their families. I know what it is like to lose a child. It is awful. The stakes of trumps irresponsible policies, of divisi