Proud san franciscans the didntn franciscan dutch live in san francisco. Both ofappointed them still serve on the court today. Pretty much part of the liberal block of the court. Ruth Bader Ginsburg, who just turned 84, has now surpassed by few months. In terms of longevity. Stephen breyer had an he served in the 1980s. As the chief dutch both he Ruth Bader Ginsburg congeniality on the corporate he got along with everyone. He was able to get on famously orrin hatch on the other hand. Kennedy and orrin hatch agreed on not many things. They greet in their admiration with respect to steve breyer when he was nominated in the last days of jimmy carters administration. Domination. Anyones later who could get along with orrin hatch and ted kennedy must have been doing something right. From replace to elena cage, so we get through the introduction portion. Ok. Kagan, who is a graduate of princeton university, and Harvard Law School, was also a marshall scholar at Oxford University as was steph
Happening which is the equalweighted biotech index as im speaking, this is occurring. We are now at the highest level since december 2015. Thats more than a year and a half ago now take a look at the ibb this is your large cap biotech 300 has been resistance for a long time. Looks like she wants to take that out here. If you can get above the 300 level, thats another massive breakout okay, josh, it is above that 300 level, as we have this conversation ibb is up 5 in a week xbi, 6. 5 and what i want to know is not only did it take out 300, its already 312, theres no serious resistance here until at least 320. Theres nothing fundamental thats changed, but the xbi is up 8 over the last three days large cap biotechs going bananas. Xlv, now at alltime highs, right this minute. And so i think, like, people talk about ital technicals what were really talking about, not what are the earnings, what are the drugs coming out the market is processing that all the time what were saying is, what are
Everybody, im kelly evans right here im here at the Stock Exchange weather central or something im Bill Griffith, energy still this is kind of a catchy tune, isnt it . Energy weighing on the market yet again today. Oil to a ten month low, you is that true earlier, health care has been a big winner today with a number of biotech stocks pushing that index higher. Were going to have more on whats behind the moves coming up here. Take a look at footlocker today. It could become the latest amazon victim. Nike is getting closer to selling on amazon. Another retailer should be worried with foot locker down 5 which one is it . Youve heard this story, this is unbelievable George Clooney selling his tequila business for 1 billion. Jeff cohen sitting here next to me he cant believe this. We have a special report on why tequila sales are so hot right now. Its only 700 million up front. Oh, well, okay. The 300 thatll come down the road if they sit certain targets. This reminds me, griffin was known
Good morning to you from me as well throwback thursday. Were throwing it back for the best anthems for pride month lets check in on the global markets. Showing you whats happening with futures after mixed ending to yesterdays session the nasdaq rose about 0. P the dow and s p finished lower. Biotech has been strong lately well talk about that. It was a big turnaround from where we stood this time yesterday. The nasdaq was down about a half percent and ended up three quarters of a percent. The futures were not a tell for the session. Nasdaq futures higher. Nasdaq down 1, s p down 3. Not a lot of movement this morning. Oil prices front and center. Those low prices a drag on Energy Stocks for sure also keeping yields lower. Wti, 42. 44, down about 0. 2 . Brent crude below 45 a barrel nat gas higher this morning. That meant energy was the worst performing sector but only just beating banks in terms of the underperformance. Energy down 1. 6 banks down over 1 focus on them again today ahead
Cash flow turns positive in the industry segment is that enough there were notes about you are the bynes. I dont understand what happened maybe John Flannery can understand whats going on thats an issue. Things are trending to a 1. 70 so much for the 1. 80 and one time two bucks is it disappointing . I think there are people that felt that he would go out on a high what he did was he went out as the business is and theres no shenanigans, theres nothing just a very honest look at a group of companies, health care but natural oil and gas, not great and terrible so air space, when you line it up against honeywell another 3 organic growth fabulous and you are what your record says you are. Flannery starts august 1st. They do back the prior guide of 160. Its just that 160 is now i was hoping they would trend toward the higher. 2. 19 is not happening . I dont think my view would be they have to take that off the table but it was never really on the table. It was wishful and i did not think w