Purchases. They remain over odds on that. Apple and nike are leading the dow higher joining us for the hour to talk about all of that stephanie link, a tiaa company relatively quiet day but that doesnt mean that theres nothing going on we had Economic Data and now this headline with u. S. And china still at odds. Here we go again. I thought the data today, the Economic Data was the driver pretty good. Initial claims, the trade data in general thats going to help Fourth Quarter gdp i thought this week ism services was pretty good. Were seeing okay. Overseas were seeing some pretty good data especially the pmis in china, europe, europe gdp today no worse than expected all of this seems to be setting up for better growth for 2020. We just need trade resolution one way or the other german factory orders and retail sales softer than expected i get the trend is less bad in general in the last month. Factory orders actually was revised last month higher. Lets see. Less bad, but i think theres
Russell 2000 is the biggest decline this afternoon and all of this happening, of course, just as the fed meeting gets underway and the chairman expected to carry a hawkish tone tomorrow afternoon. We shall see as we live up to that. It does take us to our talk of the tape. These necks, critical 48 hours beginning with those amazon numbers, yet another mega cap stock with a very hard by to get over. Lets bring in our panel. Mark of evercore. Cnb secret contributor, kate rooney getting ready for that print, im going to throw a little bit of an audible, admittedly off the top, mark, im going to come to you first because we are going to talk about amazon and a second but i want to talk about alphabet right now because i just got dan loebs up third point, his ew investor letter in which he discloses a new position in alphabet. He says during the First Quarter the funds made a substantial investment in that company and, mark, i want your take on what he says was really a capitalizing on the
Going to the podium is a lot of phobias; most of all , worry about the intellectual competition. If i still come, well be in the top 10 too an intellectual tour awaits. That is, it s not just about answering some question , its about speaking to the whole country, its about speaking to the head of state. This is very exciting for the heels. I think everyone is worried, because we had an incident at rehearsals the heel could not withstand such a pressure of energy and broke, so there is such fear and there is also a fear of slipping or tripping and all this excitement. Smart by two, because the head of state is watching the competition in the hall. Alexander lukashenko traditionally supports this beautiful project at our holiday is the president of the republic of belarus alexander grigory lukashenko miss Belarus National project beauty is not only external, but also spiritual, and all this is compatible with strong character and determination to see yourself like that, every belarusian
Individual stocks time and time again from my deus that arent reflected in the broader averages lurk everywhere you look. Sure, you couldnt see it maybe today and the smoke declined three points and the s p slipping. 7 and the nasdaq slipping. 02 but with creativity and smarts they kl relatively easy to find. I often say good ideas are often right in front of our faces and on the dinner table and the mall which means the gains are there to be had as long as youre actually looking at them. Eyes open. Today i heard a raft of these stories. Actually, way too many to detail on the show at the delivering alpha conference thrown by cnbc and institutional investor. Let me give you the ones that i got to delve into firsthand so you can understand the ease with which these ideas indeed can be found because they are everywhere but there was a plethora of them out there today. For instance take these shoes, okay . Take them why not . Honestly, i didnt shine them and i didnt get a chance to take t
We are 30 minutes away from the open in china and hong kong. Asiabergs southeast markets, singapore, malaysia coming online, joining this session which has been positive. Japanese market leading and gains after getting a arrest by it on the dollaryen. They are ahead of the key speech from President Trump. Sophie is tracking the markets for us. To the respond in the dollaryen strength, we are seeing japanese shares higher about six or send following the rally on wall street. Take a look at some movers on the nikkei. Gaining. 5 . This Company Makes jet engines. It also builds refineries and Nuclear Power plants. It is said to have booked a onetime gain on a Properties Sale in tokyo. Toshiba following about 2. 6 , using the earlier drop. We did have a japan ceo saying it does face a risk. One of the reasons including this liability could exceed assets. We are seeing a gain of about. 1 . Earlier we did have australian stocks open weaker, now up about. 33 . Helped driveally the seller profi