Getting too frothy for my taste. Now, what does frothy really mean beyond some sort of pejorative connotation involving overenthusiasm s p backs 77 and nasdaq declined. 34 a market that likes. When you get a game stop situation, a bunch of home gamers join forces to push up stocks, things get really frothy very fast. The stock went from 4 to 400 before falling off a cliff again. If you want to spot froth, keep an eye on the soaring stocks and figure out if theres anything real behind this boost or if theyre phoney before we get too negative, maybe it would pay to do a little investigating maybe not everything is frothy maybe some stocks actually deserve to trade higher. Hey, can you imagine maybe many do. I got to, lets do this. Which actually have substance. So we can draw conclusions about how dangerous this moment really is quantumscape, up 66 . This is a Battery Technology company geared toward electric vehicles given there was no other news, this one feels ridiculous to me. Theyve
Stuart good morning, everyone before we go anywhere let me tell you about nvidia it started out this monday to the upside again. Not quite the Huge Movement that were used to but the giant a. I. Chipmaker is close to 800 a share and evaluation of 2 trillion thats how we start the monday morning, little change the dow industrial will be up a little 13 points and nasdaq out maybe 22point Interest Rates the ten year treasury right around four and a quarter percent, 424. The twoyear is well above 460 right now for 69. Bitcoin trying to hold onto the 50000 level its 512 as of now. Hardly any change for enterprises, gas 3. 26 thats average for regular 4. 7 on diesel. That gas way down close to a twoyear low, 172. Politics, Ronna Mcdaniel will walk away from her job as chair as a Republican National committee she lost the support of donald trump, the former president said he lead a united unified Republican Party he won the South Carolina primary by 20 points over nikki haley but the wall str
We see a new alltime high on the s p 500. A very good morning from new york city under audiences worldwide. Alongside manus cranny and katie. Im carol massar. We are also watching oil closely backing off. We want to get to the market boards for you. It is coming after a 2. 7 gain yesterday as we continue to be concerned about escalation in the middle east. Lets bring in the team. Once again i feel like we expect it to be a quiet day but the themes continue. You see oil taking a bit of a breather. That was after a pretty dramatic tuesday that we saw. I know we were asking the question about what was going to wake oil up. What a slide its been since midoctober. It seems in geopolitical premium coming in. Im surprised the 6 is all we got in terms of the repricing. In the past 24 hours we discussed the attacks in the red sea and the u. S. Approach to iraq but the overnight news is about the conversations between joe biden and the qataris. This is about hostage release, this is about pushin
he is the king! case closed! how about aaron judge walks into history with a 62nd home run of this season breaking the american league record said by roger maris, and as far as you and i are concerned, willie, i m sure, breaking the single season all-time home run record. the only people that are in front of him have a massive asterisk, because they were all at the height of the roid war. all roided out themselves, but aaron judge, nome does he does he set this record. he does it with his mom in the stands and proves throughout this entire process he s really one of the, one of the good guys in he is. baseball today. i m chuckling watching that shot of his mother. that was just relief right there. she s been on the road with him. she s been, the last couple of weeks traveling show. tie the record 61. would he break it? you can just see her sort of fall back into her care, ah. finally, he did it. not a moment too soon. second to last day of the season. today last
Steve cohen had to say about markets and a. I. , especially. Plus, it is a pivotal day for disney. The companys battle with nelson peltz is set to conclude at its annual meeting. That is set for this afternoon when we will get the vote totals. And tomorrow, 9 00 a. M. , right here, dont miss an exclusive with bob iger. Is it right here or out there . Its out there. Its out there. I will be going out there, hoping that the high winds that are blanketing the area wont prevent my travel to see mr. Iger. And by the way, just to make a point here, this is not saying anything one way or the other about the vote. Hes going to do the interview either way. Huh. Okay. Okay . Is that okay with you . Well, id be more inclined to do the interview if i won. I think thats his expectation and or disneys as ive been saying all along, at least. They have had a lot of confidence they will win. But you wanted to make it clear that it is not do you share that confidence . I do. The reporting i have been ab