We last broadcast book read updates. There are two i want to start with. One is this monumental Frederick Douglass prophet of freedom by david w. Blight, the definitive biography of Frederick Douglass especially what is going on in the United States with racial injustice, nobody was more consequential it has been more consequential on the target of race in america than Frederick Douglass. Way ahead of his time. He was not only in abolitionist and passionate abolitionists as a former slave but he insisted from the earliest time in the 1840s right through his death in the Nineteenth Century video quality was the goal and he would brook no deviation from that. He was very clear what the goal was and so many of his words ring true today and i recommend the biography. It is a long read but one of the things i learned about Frederick Douglass is he was an active suffragist. Absolutely. Very insistent. Had a distinguished career, was able to talk to a mixed race audience at a time when that w
Surging up more than 60 in the past month the crude revival comes after opec agreed to extend its cuts amid positive xhuk data and demand is about to return to the market and carter worth says it has gone too far too fast. Carter, take it away this is a poor area of the market for a long time and it collapsed here with the covid cover and the first, of course, is the table and if you look at the ten sectors and it composed with the s p 500, that which is down the most is often that which is down the most and so you can see the stacking order here and energy is up almost 100 followed by Consumer Discretionary and by amazon, home depot and otherses and the s p bringing up the rear at 46 look at two charts and look at the xle, versus, the etf dominated by chevron and exxon and the 40plus percent rate and this is moved, 22 to about 44, but what you can see quite clearly is that were up against a fairly welldefined downward trend in effect for the past two or three years where interested se
Opec agreed to extend its cuts through july amid positive Economic Data and demand is about to return to the market and carter worth says it has gone too far too fast. Carter, take it away this is a poor area of the market for a long time and it collapsed here with the covid news and has recovered lets look at a few charts and figure it out. The first, of course is the table and if you look at the ten sectors and it composed with the s p 500, that which is down the most is often that which is down the most and so you can see the stacking order here and energy is up almost 100 followed by Consumer Discretionary almost up 60, of course, by amazon. Home depot and others and the s p bringing up the rear at 46 look at two charts and look at the xle, versus, the etf dominated by chevron and exxon and the 40plus percent rate and this is moved, 22 to about 44, but what you can see quite clearly is that were up against a fairly welldefined downward trend in effect for the past two or three year
Banks are beating earnings. But their stocks have since taken a beating. If youre worried, well show you how to buy protection for free its time to risk less and make more the action begins right now. Lets get to it, because as the dow continues its record run, a number of classic dow stocks are surging this month. Check out the moves in walmart, mcdonalds, Johnson Johnson and caterpillar, all outperforming the market in october. Walmart is up a whooping is 11 . This as we head into a very business week of earnings for the group. All those stocks right there, some pretty hefty moves. Which name should you buy . Dan, you say Procter Gamble, p g could be next to join the party. The dow is up 15, 15. 5 proctor is up 10 year to date a lot of those other names are back above their all time highs. One thing thats very interesting about Procter Gamble, they had that proxy fight that they successfully fended off when you think about earnings next week, the Options Market is implying less than
Dollar, perhaps not much lower well tell you how to cash in. The action begins right now. Lets get to it. The u. S. Dollar index just posted its best day since january. Its worst stretch in more than three decades, so does todays move prove it could be time to bet on king dollar what does it mane for the king markets. Lets get into the money now dan, what do you say i think that the bounce obviously, while its not that exciting, its up less than 1 on the day, it kind of stopped what was really a massive halt it was down on the u. S. Dollar index was down about 10 from 2017 highs that was a clear indication of the sentiment regarding the u. S. Reflation trade as far as the economy was concerned and people a couple months ago started saying this thing is a round move from the election maybe thats saying something about the course of the reflation, so to me, its important we have this data. The most important thing, we saw Wage Inflation that gave some traders more confidence that the fed