It went nuts today companies that reported stellar earnings last night, some might argue they were sent soaring with reckless banning. Nasdaq rocketed up an extraordinary 2. 2 me i think its all business as usual except for some incredibly Large Capitalization Companies businesses that deliver amazing results get regarded immediately with wholesale evaluations which is what happened with the stocks of alphabet, amazon, intel, and microsoft after a genuinely spectacular quarter. We saw aggressive pin action and everything related to these companies from facebook to adobe, to apple which is how the nasdaq had one of its best days in years lets get right to the game plan on monday after the close from a a food snack company. This groups in bad shape. Its kind of like steve over the induced heart attack it doesnt seem to matter whether this Company Delivers a good quarter or not. Stock got clogged, monoly the stocks been crushed we get results from kol log on tuesday and while this tries t
Company. Persimmon posts a 30 rise in the first half pretax profits, while saying the countrys Housing Market is confident despite brexit. U. S. President trump announces a a reverreversal in afghanistan, but declining to give troop levels in a prime time address we are bringing you some numbers coming in from the Norwegian Pension Fund annual report returning 202 norwegian billion norwegian kronena on investments in 2017 fixed Income Investment returned 1. 1 in 2017 Equity Investments returned 3. 4 in 2017. Obviously the fund there looking to reduce risk as it said recently after really putting in some sizable profits over the last year or so. Lets look at the European Markets. We have got across the sectors pretty significant amount of green on the board most of the European Market trading up, looking at the numbers specifically were up 0. 53 across europe. Ftse 100 up 0. 7 nearly three quarters. We have xetra dax up 0. 7 . Cac up a half percent. The ftse mib up 0. 6 in terms of some
Nasdaq falling 1. 21 . Good. The bull deserved it. We are void of any news which allowed to us boulder a small rally led by the beaten down and at last a balance in retail. However, looking forward to next week, the dollar, the fed, oil, theyre all going to come into play. Calling some real discordant tunes. It all starts on monday when we get a slew of data from the euro zone. That will give us a sense of how weak europe is. Why do we care . Because the dollar has been up for four straight weeks. And a strong dollar is bad news for our u. S. Based international companies. My beggest worry is that we get sub par data from across the atlantic. It will make the euro even more competitive. To make matters worse, we have a host of officials speaking next week including the cochairman yellin. When we hear about three rate hikes, combined with weak european data, the next week it could get you goly. Tuesday, a motley crew of earnings reports starting with auto zone. The big auto parts retail
Joins us live. And i heard the coach say they are looking at super bowl 51 which is sam mills old number. Maybe something good there . Paul, this is a team that will not settlement sam mills told the team to keep pounding and after the super bowl loss the panthers will keep pounding. Cant you tell im over it already. Im thinking about 2016. Coach ron rivera says he has been proud to be the head coach of this 20152016 panthers team. This is a group of men that have come together as a Football Team and they care about each other. And that locker room will never be the same. They cheered on cam newton as he spoke to reporters tuesday. It is a group that has a record of 17 wins and two losses. The future is bright here. Theres no reason we have our whole crew coming back no reason to think that we cannot be better next year. Football teams rarely stay exactly the same year to year. You cannot sign everybody you cannot physically do it. I mean structurally do it. You cant. But we are going
Starwood. Well talk to marriotts ceo, arnie sorensen. The president in cuba raises questions about Economic Opportunity there. And were hours away from apples highly anticipated event. Well look at what to expect. Valeant has been halted for the past half hour or so. As becky pointed out, mike pearson leaving the company. Ackman to the board. Predictable or not, jim . No. But there hasnt been much that is predictable. Theres a mea culpa note from Lehman Brothers taking the price target from 135 to 134. Taking numbers from 10 the reason i point this out is because the numbers are all of the map. No one knows the cash flow, what the company is really do. Ackman joining the board is a sign he cant dump the stock. They couldnt dump the stock. This is a great mystery, carl. When you have a company where you have to idea what it will earn, where its dermatological business is being carved up aggressively by allergan. Ophthalmological being carved up by j j. All this stuff. This is a company,