Sacramento where the governor is expected to make a big announcement on homelessness. Lets listen in. Planes flew them to illinois. One into new jersey, new york area to provide 100 ventilators for the needs of the state of illinois. Those in new jersey, another 100 in the state of new york. Those same men and women, Different Group with in the National Guard ranks, now are deploying additional ventilators in delaware and dc. In maryland and driving as we speak, driving into nevada. 50 ventilators for each of those states. I just want to thank them in particular because the National Guard have provided to do heroic work in n the food banks throughout the state of california and in addition to that, we have 100 of them that just went out on the lines to prepare for this winter, rather this summers fire season that is close upon us. They are doing Vegetation Management for us, management and so i cannot express enough my graduate, my respect, my appreciation to our National Guard. Also w
Some stocks hit hard yesterday bouncing back this morning apple, amazon, netflix and invidia. Apple is helping to ush about the dow to an intra day record high lets bring in our global vins tore wall pter price. Good morning so a couple things make me nervous. We have had multiquarter runs on a lot of these stocks, an he will up more than 50 percent offer 12 months. Not a binary choice, but what do you do with it here if you have it already do you add to it or sit tight . Were sitting tight right now. Although the stock is town about down about 6 port st. Lucie t6 s i think the earnings will be better than expected. About down 6 the last few days. I think the earnings will be better than expected and with an he will you haapples waiting for the new iphone so earnings wont be exciting until they announce that new phone in september do you have an opinion about what is going to be a catalyst in the back half of the year, not just for apple, but tech stocks in general . How much of an imp
Six months in and politics, oh, thats a very different story. No major legislation passed and the president has had it, on health care, he says, dont leave town until you get it done. There is a Health Care Vote next week. The outcome very uncertain. News developments today, sad news from senator john mccain. Hes been diagnosed with an aggressive form of brain cancer. He will not be in for next weeks Health Care Vote. President trump tells the New York Times, i would never have appointed Jeff Sessions attorney general if i knew he would recluse himself from the russian investigations. And not writing tax reform until the fall. So what chance of tax reform this year . Russia, russia, russia, when donald trump, jr. , and Jared Kushner and Paul Manafort appear. And stocks up, youre going to love it. Varney company is about to begin. Straight to the markets, please, it looks flat to slightly higher at the opening bell in 27 minutes time. Im going to repeat that big number for you. More tha
Fortt, seema mody joins us this morning at post 9. We begin the hour with some breaking news out of disney. The company saying the board of directors has extended bob igers contract as chairman and ceo to july 2nd of 2019. Orrin smith is the independent lead director. He says given bob igers outstanding leadership, his record of success in a changing media landscape, and his clear Strategic Vision for disneys future, it is obvious that the companies and its shareholders will be best served by his continued leadership. I think returning to Julia Boorstin on some of this as we make sense on what igers going to be around for a while, julia. Thats right. Theres been a lot of talk and speculation about who was going to replace bob iger when his contract expired at the end of june 2018. And so, the fact that this is being extended for a year is not a big surprise because there was no obvious successor for iger. There is also the fact that disney has done phenomenally well under his leadershi
Each of the 15 percent gain this month. I think the stocks recoiled springs frankly, having fallen well behind the market, and the better than forecast raising. These two gave us quo. If gasoline keeps going down and the expectations remain low, i think the stocks can give us more gains for the year they just got, there and neither is expensive versus the historical parameters, where they have traded at or on particular earning iek he wills. And its 15 gain, that and a one off. You got to call it that, it realliy it rallies because of the bid for Family Dollar. If a Family Dollar can show that it raises series antitrust concerns, be careful there. This is about the gift to hospitals that the Affordable Care act has delivered. And that gift will keep on giving, say what you want about obama care, its been terrific for hospitals. And fabulous for hmos, even if it has not been great for the consumers of health care. Wasnt it supposed to be the other way around . Keurig Green Mountain has