Groups have switched from bear to bull market territory and they still have plenty of room to play catchup. Even when we get hit with waves of bad news. Nasdaq, did okay, quite a difference when i was out there when it was just a sea of red. Stocks opened up terribly. But then the strong bull markets that im talking about, the ones that are underneath, they surfaced, they quickly took over and we rolled back a big chunk of the decline buy buy buy something i pointed out on squawk on the street. When a rally has leaders from many different groups, and the better breath we have, the more kissable this market is, and thats what were seeing right now. Who are these leaders im talking about . Some youre very familiar with, because we talk about them all the time yes, bull market number one, the work from home cohort, which is a cluster of smaller bull markets. Zoom video, and at the orefron are the cybersecurity Stocks Companies need to be about protection when they put everything on the cl
We have appreciation of the yen which is exacerbating the problem in some senses as it makes exports less competitive. Theres a correlation between the strength of the yen and what happens on the knee cape or its of the stronger the yen gets the weaker the nikkei. Where sing a little bit of that today. The 200 lurched lower, led by those banks, increasing the amount it was going to charge itself for these complaints coming through for customers being a miss sold products. That stock is down and dragged the market down as did the broadsides from the reserve bank. In the four big banks. Australia passing on the Interest Rate they have been instituting. 10 year yields now 1. 59. 16 basis points loss in the last two days. Year. Or the 10 a rally in place as people look for a safe place to put their money. This is the position for gold asures, above 1500 here well. Down a fraction at the moment. The yen appreciating their against the dollar and their ego , perhaps limiting things a little b
More. Switching gears. Ford cancels plan to build a plan in mexico as president elect trump talks about a big border tax. There are things you can do to shore up your Retirement Savings. Tonight on nightly Business Report. Good evening. Help a new year. The stock market got off on a good foot for 2017. Equities rose this first Major Trading day of the new year. Early in the day the dow came close to the 20,000 level, flirting with it as did it the last couple weeks. As oil prices, it closed at 19,881. Nasdaq was up 45. And the s p 500 advanced 19. Rising on the first trading day of the new year for the First Time Since 2013. With the sharp and steep rise in the stock market, many investors are asking one big question. Will this be the year of the bulls big finale . Stocks are showing new life as 2017 gets underway. The major u. S. Index has hit record highs starting in july after moving sideways for more than a year. And confidence has surged among investors and consumers. While they s
More. Switching gears. Ford cancels plan to build a plan in mexico as president elect trump talks about a big border tax. There are things you can do to shore up your Retirement Savings. Tonight on nightly Business Report. Good evening. Help a new year. The stock market got off on a good foot for 2017. Equities rose this first Major Trading day of the new year. Early in the day the dow came close to the 20,000 level, flirting with it as did it the last couple weeks. As oil prices, it closed at 19,881. Nasdaq was up 45. And the s p 500 advanced 19. Rising on the first trading day of the new year for the First Time Since 2013. With the sharp and steep rise in the stock market, many investors are asking one big question. Will this be the year of the bulls big finale . Stocks are showing new life as 2017 gets underway. The major u. S. Index has hit record highs starting in july after moving sideways for more than a year. And confidence has surged among investors and consumers. While they s
More. Switching gears. Ford cancels plan to build a plan in mexico as president elect trump talks about a big border tax. There are things you can do to shore up your Retirement Savings. Tonight on nightly Business Report. Good evening. Help a new year. The stock market got off on a good foot for 2017. Equities rose this first Major Trading day of the new year. Early in the day the dow came close to the 20,000 level, flirting with it as did it the last couple weeks. As oil prices, it closed at 19,881. Nasdaq was up 45. And the s p 500 advanced 19. Rising on the first trading day of the new year for the First Time Since 2013. With the sharp and steep rise in the stock market, many investors are asking one big question. Will this be the year of the bulls big finale . Stocks are showing new life as 2017 gets underway. The major u. S. Index has hit record highs starting in july after moving sideways for more than a year. And confidence has surged among investors and consumers. While they s