And the nasdaq closed at a record high. Russell, a lot of big movers were in that cap space. Grubhub, Weight Watchers, club our you are getting more brass. We want to Mention Volume picked up dramatically in the dow. Up 47 . The nasdaq up 20 as well. Let us check in with our report just to see what they were monitoring. Abigail, what are you watching . A stick with the theme that investors, traders too optimistic given the current context of the tensions in the middle east. Evaluationp 500 self and the technical stretched this is a one year chart. What we have is the s p 500 climbing relative to the 200 Day Moving Average went it went above. It consolidates down toward the 200 Day Moving Average. 9 above the average. Not every day that we have alltime highs. Missile attacks in the middle east but that is the case. Highs in their. Stretch conditions may consolidate a bit. Taylor. I am taking a look at the similar thing p. A multiple basis. If you take a look at the chart Bleakley Adviso
River access or waterway for bulk vessels that transports soybean and corn from the pompous farm belt to the south atlantic you know of David Ricardo who is the contemporary about of talked about comparative advantage and here a comparative advantage speaking if this river which would run through the grain belt and give argentina away to transport grain and give them a leg up over brazil and the u. S. That has to spend a lot of money moving the grain in the culture to the to railtrack or whatever and so this is a member could be a game changer the british of the Industrial Revolution do the canal system they gave them the ability to move stuff around. England waterways so this could be a huge game changer it is just like the yes it is there china sees the theyre going to monetize the asset theyre stepping away from the u. S. The u. S. And america are in this the u. S. And china are in a trade war and so its. And its like ok we dont we dont need to look that way we can go to argentina y
Softbank vision fund. What is going on . Of new reports. And 2019, the year in review. ,he plans for Cryptocurrency Facebook felted all. What is the strategy going into 2020 . First and the top story, shares of micron up after they reported betterthanexpected top and bottom line numbers for their fiscal firstquarter and the forecast strong numbers for the current quarter. Gross margin is something i have been eyeballing all day. They are coming in more than 27 . At the ludlow ed ludlow is here to break down the numbers. What is your key takeaway from this report . Reporter with these numbers, that is the optimism across wall street. The memory chip market will rebound probably at some point in the second half here. When we talk about dynamic random access memory, we are referring to the memory change that goes into computers, pcs. You look at the chart, prices trade like a commodity. They have been trickling as new Technology Comes into the market and capacity comes into the market. Th
This is the kaiser report our of one is there is argentina so many head of. This country for can rock stars yes were going to talk about some of the opportunities that have been taken over the last few months or years and you know it fits into this theme that weve covered over the past few years which is that as soon as the u. S. Used the u. S. Dollar and in particular swift as a financial weapon alternatives emerged and thus said in the end of the power of empire this is happened throughout history hubris often sinks an empire when they become a bully and so were going to look at what a story about china china working with a Dutch Company by the way here this is when the u. S. Lapped all those tariffs on agricultural goods and all sorts of goods that china retaliated by stopping all imports of sawrey being products and of course argentina is a big producer of that so there chinas pivoting and having to really develop and build infrastructure in countries that they want to do business
Logistics partners ups and fedex. Tech out how big Cap Companies apple and facebook fared in 2019 and how each is set up for the new year. A look at tech in the markets most notably semiconductors, taking a look at the stock index, we see that chipmakers a bottomed out nearly a year ago and have been on a rally since then. Chipmaker micron adding to that they reported firstquarter earnings this week. Have a strong outlook between four and a half and 4. 8 million in revenue. Shortly after the Company Reported i got insight from the whorities and analyst joined me on the phone. They are seeing tightness in certain areas. Also they are calling the bottom for memory in general. They think this Current Quarter will be the bottom of the cycle. That fits with the tightness. It fits with the fact that they it also very much parallels the guidance they gave for flat gross margins, which again suggests that pricing is normalizing finally. Does this have any implications for an expansion of capac