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Transcripts For FBC Barrons Roundtable 20240712

Surging sales at consumers as consumers pour money into Home Improvement. How long can that last in and investors yanked in Different Directions as the biotechs working on covid19 vaccines report both good and very bad news. My colleagueses, ben levisohn is, carlton english and jack howe. Guys, its great to be back from vacation. Did you miss me . Absolutely. [laughter] this much. Jack more than that. Come on, jack, i caught fish bigger than that. There we go. So, ben, good news while i was gone, i guess, the s p hit new records, nasdaq hit new records. But oddly, more stocks went down than went up. How does that work . Well, really this is apples stock market. It went up up 8. 2 this week and was responsible for 60 of the s p 500s 0. 7 gain. Its doing all the heavy lifting here, and its now a 2 trillion market cap stock that makes up for the fact that on a day like today just over 200 stocks were positive, almost 30 were down 300 were down on the day. Its quite remarkable. Jack so wha

Transcripts For FBC Barrons Roundtable 20240712

Surging sales at consumers as consumers pour money into Home Improvement. How long can that last in and investors yanked in Different Directions as the biotechs working on covid19 vaccines report both good and very bad news. My colleagueses, ben levisohn is, carlton english and jack howe. Guys, its great to be back from vacation. Did you miss me . Absolutely. [laughter] this much. Jack more than that. Come on, jack, i caught fish bigger than that. There we go. So, ben, good news while i was gone, i guess, the s p hit new records, nasdaq hit new records. But oddly, more stocks went down than went up. How does that work . Well, really this is apples stock market. It went up up 8. 2 this week and was responsible for 60 of the s p 500s 0. 7 gain. Its doing all the heavy lifting here, and its now a 2 trillion market cap stock that makes up for the fact that on a day like today just over 200 stocks were positive, almost 30 were down 300 were down on the day. Its quite remarkable. Jack so wha

Transcripts For FBC Barrons Roundtable 20240712

Home depot and lowes reported surging sales at consumers as consumers pour money into Home Improvement. How long can that last in and investors yanked in Different Directions as the biotechs working on covid19 vaccines report both good and very bad news. My colleagueses, ben levisohn is, carlton english and jack howe. Guys, its great to be back from vacation. Did you miss me . Absolutely. [laughter] this much. Jack more than that. Come on, jack, i caught fish bigger than that. There we go. So, ben, good news while i was gone, i guess, the s p hit new records, nasdaq hit new records. But oddly, more stocks went down than went up. How does that work . Well, really this is apples stock market. It went up up 8. 2 this week and was responsible for 60 of the s p 500s 0. 7 gain. Its doing all the heavy lifting here, and its now a 2 trillion market cap stock that makes up for the fact that on a day like today just over 200 stocks were positive, almost 30 were down 300 were down on the day. Its

Transcripts For FBC Barrons Roundtable 20240712

Surging sales at consumers as consumers pour money into Home Improvement. How long can that last in and investors yanked in Different Directions as the biotechs working on covid19 vaccines report both good and very bad news. My colleagueses, ben levisohn is, carlton english and jack howe. Guys, its great to be back from vacation. Did you miss me . Absolutely. [laughter] this much. Jack more than that. Come on, jack, i caught fish bigger than that. There we go. So, ben, good news while i was gone, i guess, the s p hit new records, nasdaq hit new records. But oddly, more stocks went down than went up. How does that work . Well, really this is apples stock market. It went up up 8. 2 this week and was responsible for 60 of the s p 500s 0. 7 gain. Its doing all the heavy lifting here, and its now a 2 trillion market cap stock that makes up for the fact that on a day like today just over 200 stocks were positive, almost 30 were down 300 were down on the day. Its quite remarkable. Jack so wha

Transcripts For FBC Barrons Roundtable 20240712

Dollar stores seem to be weathering the storm. On the barrons roundtable, ben, carlton and jack. Thanks for joining us, guys. Good to see jack howe back in the group. So, ben, every single week i say the same thing to you which is how much longer can tech stocks keep zooming ahead of the market. Finally this week i dont have to say that, they actually lagged this past week. They lagged and they lagged badly, down around a full percent. And the s p was up more than a percent. The gap between the two was actually the widest in any one week since 2016. Most of those, that difference calm on monday when the nasdaq actually rallied to what was looked like a new high only to pull back and finish down more than 2 . Those kind of reversals dont happen very often, and when they do, its often a signal that the nasdaq is going to underperform over the next three months or so. Jack so youve been talking for a while about cyclical rotation that you think thats going to thinks going to come one of t

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