Now we get these reports what in the world progress on the president s agenda right thats all it takes not only that, but we were talking about this yesterday, how about just the fundamentals of what weve gone through in this earnings season the combination of all of that, and then you start to look, we did get a little bit of pushback on some of the tech stocks they started to move forward as well but its the financials. You start to get any kind of heat under that, moving these financials to the upside, theres a lot of different reasons. By the way, boeing, which continues to be an absolute beast to the upside, keep an eye on this name when you look at cash flows and youre not focused just on p e and saying this is stretch, stretch, stretch, look at the cash flows of someone like boeing and whats going on globally, there are a lot of reasons why some of the stocks in the dow as well are pushing these stocks higher. So maybe the most important thing today for this market is the nasdaq
Over the last couple of days that now is the time to take something off the table . No. I mean, youve run out of one of the necessary drivers to send the market higher and that is obviously trading volumes. Dried up. Weve all said it the last two weeks. Thats not anything new. I dont think the fact were going to turn the calendar page is anything new either, judge, except that, perhaps, and i think its overblown, people who delayed sales if they all of a sudden like jim has alleged decide to make those sales early in the first couple of weeks of next year, yeah, that could cause a little water fall. I think it will be little. I dont think it will be look at the underpinnings of this rally since election day. Whats it based on . Its based on a change of tone. Its based on a change of people are more optimistic about whats going to happen for the country, for the economy, for stock market, for corporations. I think its optimism. I think its clearly optimism. Its reflected in Consumer Con
We had a long weekend. Abigail they are getting back to work with more records. We have the dow, s p 500, and nasdaq trading nicely higher, hitting another day of simultaneous highs. Anyway you slice this, we are looking at very bullish assets. It is the best monthly performance since march last year, a continuation of the rally out of the election. Administrationp will reinvigorate the economy. Have a 1 move up or down for the s p 500. If you go to the bloomberg, the top orange line is a 1 move up and the bottom orange line is a 1 move down. We are on day 50 without the move in either direction, the. Ongest streak since july 2014 investors are waiting for more information before they make a bigger move with the s p 500. Have a somewhat stilted rally of rally ofgh stealth record high after record high. The fed in march, what it actually does for stock. But we are looking across asset class, it is a bit of a reversal. The bloomberg dollar index was trading higher by 4 10 of 1 . The 10 y
We had a long weekend. Abigail they are getting back to work with more records. We have the dow, s p 500, and nasdaq trading nicely higher, hitting another day of simultaneous highs. Anyway you slice this, we are looking at very bullish assets. It is the best monthly performance since march last year, a continuation of the rally out of the election. Administrationp will reinvigorate the economy. Have a 1 move up or down for the s p 500. If you go to the bloomberg, the top orange line is a 1 move up and the bottom orange line is a 1 move down. We are on day 50 without the move in either direction, the. Ongest streak since july 2014 investors are waiting for more information before they make a bigger move with the s p 500. Have a somewhat stilted rally of rally ofgh stealth record high after record high. The fed in march, what it actually does for stock. But we are looking across asset class, it is a bit of a reversal. The bloomberg dollar index was trading higher by 4 10 of 1 . The 10 y
Thank you. Its been weeks. Nice to be back. Hi, mom. Here we are again. And happy birthday. Yes. Retail earnings, that helped send the stocks to record levels yet again today. Well talk about how much the market is up since i was gone, but whether this is provision called the border adjustment tax, could that stall the rally, especially as it pertains to Retail Stocks like the ones were seeing rallying today . Well talk about that coming up. White House Press Secretary sean spicer was just asked about that tax plan. Well bring you his comments shortly. Warm weather in the east made for a nice weekend. Its crushing nat gas. Its down 9 . I cant believe youre playing this song. Are you sure wells fargo, that saga it turns out is far from over. The bank just announcing a little while ago that four senior managers are out in the wake of the companys unauthorized account scandal. We have details on that still to come this hour. But how about these markets. The dow is over 20,700 and home dep