Equities have referred pain from the bond mark all week. Today was no different until a Late Afternoon rally broke the pains vice grip with the dow only gaining 45 points, s p advancing, and nasdaq climbing 4. 2 . A pretty nice day for the bulls in the end. What exactly has been happening here. We have a combination of weird data. Meaning that rates keep going down, whether we have positive data or not. Any good data shoo send rates shooting up, people. In inflation data thats shot should be sending rates up. The paradox,s epicenter of the injury is referring pain to the stock market, some sort of bizarre feedback loop. Bonds are saying the economy is weak, so therefore stock market traders are saying all stocks must be doing weak. All Companies Must be doing weak. The bond market is never wrong. Hey, listen, it makes no sense, except when you consider that so many people trade etfs these days rather than individual stocks. The etfs create a gravitational pull that can drag down any st
Volatile day. The s p 500 currently sits down 1. 75 . Nasdaq touching correction territory earli earlier before bouncing a bit. S p 500 is not quite there yet. But were on that watch over the next 60 minutes as well. A couple other gauges to watch, the vix jumping to 31 even. We have the ten year which this morning that was the big headline. The key benchmark u. S. Interest rate falling below 2 for the First Time Since 2013. Oil falling briefly or flirting with 80 level before closing at 81. And gas prices are in free fall. The key question snou whether all of this will ultimately be supportive for the u. S. Consumer or signals more trouble ahead . The biggest outperformer, the vix. Ripping to day. The socalled fear gauge on wall street gives you an idea of where the sentiment is within this market. Its up 20 . That is quite a move. And thats not even at the highest levels of the day. The vix got above 30, a place it hasnt been in an awful long time. All of that helps to tell the story
Charter communications supports cspan as a Public Service. Along with these other television providers, giving you a front row seat to democracy. Candidates in the oregon governors race debated affordable housing, the homeless, and other topics. The debate between republican christine, democrat tina, and independent that sea johnson was hosted by ko bia tv in medford, oregon. The oregon beer and wine distributors in Oregon Business and industry. Now, lets meet our candidates. Republican candidate christine served in the portlands areas 39th district in the oregon house of representatives from 2019 through 2021. During her tenure she was that House Minority leader. Unaffiliated candidate Betsy Johnson first served in the oregon house from 2001 until 2005, then she represented northwest oregon 16 district in the oregon senate. She held the position until 2021 as a democrat. Democratic candidate tina represented portland district 43 and later district 44 and the oregon house of representa
The oregon beer and wine distributors in Oregon Business and industry. Now, lets meet our candidates. Republican candidate christine served in the portlands areas 39th district in the oregon house of representatives from 2019 through 2021. During her tenure she was that House Minority leader. Unaffiliated candidate Betsy Johnson first served in the oregon house from 2001 until 2005, then she represented northwest oregon 16 district in the oregon senate. She held the position until 2021 as a democrat. Democratic candidate tina represented portland district 43 and later district 44 and the oregon house of representatives from 2008 to 2022. She is the longestserving House Speaker and oregon history after being elected to the position in 2013. Heres our format for tonights debate. The candidate who receives the initial question will have 60 seconds to respond. The other two candidates will each have 30 seconds to respond to that same question. Both the order of the candidates receive quest
Even as it isnt certainly my style to radically overpay which is why im not going to sweat how the ipo of year, twitter, traded today. Otherwise soggy session. Dow gave up 115 points. S p drop 1. 32 . Nasdaq declined 1. 9 . You most likely all know, the Company People thought would open at 22 a share a few weeks ago which opened at 45 and change today. You watched the saga today with a jaundiced eye as i did. It was imperative to put the kpans stock within the valuation confines of the other industry in industry, social mobile and cloud space. As someone schooled in relative evaluation, meaning how does twitter fit in with the rest of the cohort even if the cohort has scarcity value, i arrived at a 28 price in the cool of the night that i felt wasnt prudent to go above. Because thats what the universe of facebook, yelp and cloud plays yielded as being reasonable. I reiterate buying the stock up here is not prudent because of the kind of analysis ive been taught and almost always done m