Theres one name to play for a breakout hell tell us what that is and take the money and run financials have been on fire, but mike khouw says it could be time to take your money and run as the group gears up for earnings this month. It is time to risk less and make more the action begins now. And we start with the financials, a bright spot in the market today the xlf etf hitting a high, up 6 in the last to months shoo you had take your money and run . Lets get in the money and take it over to mike khouw in san francisco. Hi, mike hi there. Financials in an interesting situation as you pointed out it is a great performing sector so far this year, and one of the reasons for that clearly was when they hit the lows in december a lot of the big names in the group were trading at very cheap multiples you know, oven times with the big banks people like to look at their price to tangible book, but we have gotten a situation here where these stocks have actually moved quite sharply, and theyre
Day. It is definitely a top heavy move. You see it up 0. 8 . The equal weighted up too. Nasdaq up by a full percent. Alphabet as mentioned popping this morning. It is now up about 4. 3 and the biggest upside contributor. Apple is ahead as well, 1. 4 on reports that apple might use googles zoo a. I. Capabilities in the iphone. Crude up another the high since halloween. It leads to the talk of the tape. Based on a goldilocks economy, a. I. Excitement and prospect of an easier fed, is the playbook changing . Lets ask adam parker, Research Founder and ceo at a cnbc contributor so. Adam, yeah, those have been the narrative threads that worked pretty well. Almost no pullbacks. Some pockets in the market in the last couple of weeks and things have cooled off but not fallen apart. Where does that leave us . I think the bull case is still intact, right . If the average company can have gross Margin Expansion and if i start thinking earnings will be up for the next few years well be ahead 25 ver
, we are in razavi khorasan, where, for example, the general population has onestory houses, and these are highrise projects with 7, 8, 10 stories built, and their scale and service are small. We can have applicants for the National Housing movement or the number of floors, we can have those who havent gone up yet , or we can make two units into one, we can have applicants for them, so that they will eventually get bored , we had a series of units like this. What are the reasons for not delivering the housing to the people . What reasons can you mention so far . You asked a very good question. You see, there are several reasons. The main reason is that the contractor, the government itself, has come to the contract. One of the issues that this is what we were doing. You see, the government is finally according to the constitution of the government it should not become a big employer in mehr housing now, according to the conditions we had, the opportunities we had, the government. It tu
The freak. [laughter] thanks a a lot. Have a great weekend. Good afternoon, everyone, im charles payne, this is making money. Breaking right nowing stocks mostly drifting, right . Sort of mixed economic data. A lot of confusion on the true state of the economy. Look, inflations hanging tough which means the fed is still lingering around, and as long as the feds casting a shadow on this market, by the way, many are saying dont write off of a recession just yet either. And for once im agreeing with joe biden, chinas economy is a ticking time bomb which makes them a ticking time bomb. But the question is, what are we going to do about it . Speaking of big, the big guy has got some other problems. Moments ago attorney general garland are finally appointing a special counsel to the hunter biden investigation. But its not everything it looks like it could be. David webbs got some serious issues with it. Hell explain it at 2 40. And then my takeaway on the constant putting down of the socalle
, the venue for an american 1st 100 Center Street in Downtown Manhattan, playing host to a new chapter in u. S history. Today the arrest and arraignment of donald trump. Former President Trump is back in the city that made him famous. But this time to face a new reality, the first ever former president to Face Criminal Charges. Good afternoon to our viewers around the world. Im Anderson Cooper, new york and im jake tapper in washington, d c. Were just hours away from the opening gavel. Of the people of the state of new york versus donald j. Trump this is the scene, the Manhattan Criminal Courts complex for mr trump. Will surrender. Were told and then where prosecutors will drop and indictment spelling out multiple charges against him at this very moment, we still do not know exactly what those charges are and how many there are connected to mr trumps alleged scheme to buy the silence of adult film actress and director stormy, daniels said a pivotal 2016 campaign moment. As we come on a