1. 8 trillion. And jobless claims disappointed the street coming in at 898,000. It was the highest rating since mid august. Rising coronavirus cases in europe and the u. S. Affecting sentiment. 59 minutes left of trade down only 23 on the dow. The european measures definitely weighed on european markets. We have improved since the european close coming up, we will speak with gregg lemkau about how the pandemic changed the m a landscape. Plus the ceo of zoom will talk about the companys efforts to branch out beyond video meetings and the stocks run thissier. Fir mike, lets start with you the Broader Markets well off the session lows. A resilient showing throughout the last few years. You mentioned the market lows in the u. S. Were just before the european close perhaps that was one of the bigger pressure points, the overseas action. Where it has taken us though is really hasnt disturbed much of the trend. This is this area. Last week we broke above this range we have been in for a while
Report in the busiest week of earnings season. Afraid computers might crash your helpful i. T. Guy mike khouw has some patches for your portfolio. Its time to risk less and make more options action starts right now. Lets get right to it. Despite the weak selloff in the market, one group of stocks managed to lay down some strong foundations for a rally. The itb managed to rally 4 this week carter says there is one name in that that would make for a particularly sturdy trade. Whats the name . Its Sherwin Williams its the right environment its the one area within consumer discretion that is holding up so well and yet not extended and not overbought. So a lot of characteristics that make this desirable. Lets look at a few tables and charts talking about Sherwin Williams, this is one of the best performing stocks in the market regardless of its line of business hereyoure looking at a comparative chart. Going back to the beginning of data in 1985, youre talking about a sixfold increase over
That finally tiny tim once crooned tiptoe through the tulips with me but mike khouws tune is about tiptoeing through tips. Lets begin with the Material World that we are living in. Materials making a big comeback in the past few months that has carter eyeing an even bigger rally for the group carter, what are you looking at . Well, in the sense that if one wants to really talk about the whole notion of value growth and what is working and what isnt working, what we do know of course is of the four highly cyclical sectors, materials, energy, industrials and financials, its actually materials that have done the best the first chart is simply looking at those four from the march low, from the markets low. What we see here is that materials are leading the way. Its a small sector, but its an important sector nonetheless look at the second slide what about year to date . Not from the march low, since we began the year everyone is down. While materials are down, albeit barely take a look at
Week of earnings season. Afraid computers might crash your i. T. Guy mike khouw has some patches for your portfolio. It is time to risk less and make more options action starts right now. Lets get right to it. Despite the weak selloff in the market, one group of stocks managed to lay down some strong foundations for a rally. The itb managed to rally 4 this week carter says there is one name in that that would make for a particularly sturdy trade. Whats the name . Its Sherwin Williams its the right environment its the one area within consumer discretion that is holding up so well and yet not extended and not overbought. So a lot of characteristics that make this desirable. Lets look at a few tables and charts talking about Sherwin Williams, this is one of the best performing stocks in the market regardless of its line of business here youre looking at a comparative chart. Going back to the beginning of data in 1985, youre talking about a sixfold increase over the general market if i int
Finally tiny tim once crooned tiptoe through the tulips with me but mike khouws tune is about tiptoeing through tips. Try to harmonize with that one yeah it is trial to risk less and take more. Options action begins now. Lets begin with the Material World that we are living in. Materials making a big comeback in the past few months that has carter eyeing an even bigger rally for the group carter, what are you looking at . Well, in the sense that if one wants to really talk about the whole notion of value growth and what is working and what isnt working, what we do know of course is of the four highly cyclical sectors, materials, energy, industrials and financials, its actually materials that have done the best the first chart is simply looking at those four from the march low, from the markets low. What we see here is that materials are leading the way. Its a small sector, but its an important sector nonetheless look at the second slide what about year to date . Not from the march low,