Drowning when the wave actually breaks options action starts now. Lets get right to it its been a rocky road the group transfers out following 3 take a look at some of this weeks worst performers, delta, ryder, norfolk southern. American airlines. Our chart master says this could be the beginning of a bigger branch out ahead just that imagine a recovery in the market transports are down 3 it says a lot about a lot of things a one decade chart doesnt tell you much, most everything is up over the past decade relative performance from the transports to the s p, we are basically, weve undone the entire thing we are back to where we were in 09. That is the issue that is the problem its this persistent and chronic slide. Even as the index, itself, has had advanced all right, take a look at one or two things another what i to look at it more immediate rather than a ratio chart is a comparative chart. So over the past five years, you see the two colors, the two lines. S p here of course, trans
Of apple power lunch starts right now welcome to power lunch. The green bouncing back. The major averages on track to end the week down about a percentage point check out shares of apple jumps on that production report. The stock is up more than 3 climbing back for the all time high of 232. 35 which it exactly one year ago today well have much more on apple a little later on. Expectations for a rate cut or two this year are on the rise this week. Federal reserve chair Jerome Powell spoke at a fed listen event. Lets get to steve who joins us from boston with the headlines kelly, the fed chairman speaking right now at one of those events with the fed taking up public commentary he is noting that the Unemployment Rate is near a half a century low which is what i would have said if the chairman hadnt said it he said inflation is running below the 2 objective its caused the economy in a good place which is the praise a lot of fed folks have used it does face some risk including low growth a
Thank you very much for coming today. Were going to talk about the perspectives of the Services Special Victim Counsel, Program Manager regarding conviction and acquittal rates, the case adjudication process and the victim declination in the military justice process. So thank you all. Some of the responses to the committee raised concerns that the judge advocate lacked expensive experience dealing specifically with Sexual Assault cases other responses indicated due to the limited scope of article 32 preliminary hearing officers do not have all the information needed to make a probable cause determination that is binding. The overall assessment was the staff judge advocate who is often more experienced is in a better position to advise the convening authority on probable cause. Should a judge advocate, sitting as a preliminary hearing officer serve in that role only if if he or she has significant litigation experience in Sexual Assault cases . Maam, the ideal would be yes, you would wa
Lays out plan to ride without drowning when the market breaks less. Lets get to it, a rocky road for the trrps as the group closes out a worst week of the year sitting in correction territory. Look at sonl of this weeks worst performers delta, rider, nofrls southern and American Airlines leeting the path lower. Our chart master says this could be the beginning of a bigger breakdown ahead carter, take it away. Just that imagine a recovery in the market and yet transports down 3 says a lot about about a lot of things lets look at a few charts a one decade chart doesnt tell you much most everything is up over the past decked decade but relatively performance to the s p, we are basically undown the entire thing back to where we were in 09 thats the issue, the problem. Its just this persistent and chronic slide, even as the index itself has advanced. Look at one or two things. Another way to look at it, more immediate rather than a ratio chart is a comparative chart the past five years you
While futures are off their highs following the release of that complaint but we will still be up about 50 points on the dow, up maybe 4 on the s p, 4. 5 on the nasdaq. We were higher than that before the whistleblower complaint was released. We have come down a little bit but not that much. Look, this is going to be a very big day for politics and of course, for your money. You are going to see Speaker Pelosis news conference. Thats in our 10 00 hour. The speaker owns the impeachment process. She favors quote, a quick, narrow impeachment probe focused on ukraine. Hold on. Theres a great deal happening on the corporate front as well. First off, peloton goes public at 29 a share. This is another big name ipo which is losing money and its facing lawsuits from music stars who want more money for appearing on the peloton workout screen. We will show you the first peloton trade. How about this. An aboutface for mcdonalds. Yes, they are planning a meatless burger. Watch beyond meats stock go