Smarter than the stock market in many ways, we went into a secular bear market in 2000. And we broke above those levels through that resistance level or Glass Ceiling in 2013, if we dont break down below that level again that would be about 30 drop from today it would be first time in 200 years we recover from a success lar bear that secular bear that kickly. If you look at market it has been fed fueled we know that. They will keep fueling it higher maybe that is fine for abinvestor, is for an investor is this fed never raising Interest Rates . I hope not otherwise. The fed does raise Interest Rates. I think that now is the time they know they have to do it, i think they go before september. We will see Economic Data turn higher in q2. That is key to higher stock market the market needs clarity from the fed about when left off will be. Dan . You shake your head. I disagree with that atlanta fed, updates the gdp almost daily, now if anyone wanted to google it they are at 0. 1 for last q
Deals. If they go through, it would total 100 billion. First up the big one. Last night we told you about Royal Dutch Shell in talks to buy bg group. Today, shell pulled the trigger saying that it would buy bg for 70 billion making it the biggest deal in that industry in more than a decade back when chevron bought texaco in 2000 for 36 billion. Shares of shell finished the day lower by 3. 5 . Jackie deangelis has more on what this deal means tonight. Reporter a big deal announced in the energy patch today. Royal dutch shell buying bgs roughly 7 billion. Its the latest energy deal this year and one of the larger of the last decade rivaling when exxon bought mobile in 1998. Bg known for both oil and gas assets. The addition of those assets will boost shells portfolio by about 25 . For shell, the purchase of bg increases their oil and natural gas reserves as well as their Oil Production while bg brings to the table storage and tunnelling assets as well as tankers to move natural gas aroun
Deals. If they go through, it would total 100 billion. First up the big one. Last night we told you about Royal Dutch Shell in talks to buy bg group. Today, shell pulled the trigger saying that it would buy bg for 70 billion making it the biggest deal in that industry in more than a decade back when chevron bought texaco in 2000 for 36 billion. Shares of shell finished the day lower by 3. 5 . Jackie deangelis has more on what this deal means tonight. Reporter a big deal announced in the energy patch today. Royal dutch shell buying bgs roughly 7 billion. Its the latest energy deal this year and one of the larger of the last decade rivaling when exxon bought mobile in 1998. Bg known for both oil and gas assets. The addition of those assets will boost shells portfolio by about 25 . For shell, the purchase of bg increases their oil and natural gas reserves as well as their Oil Production while bg brings to the table storage and tunnelling assets as well as tankers to move natural gas aroun
Lately is because the market changed its tune, gone are the days when you beat the bottom line it was enough to send your stock higher. Gone are the days when you beat the top line, gone are bit pitting the bottom line and raising guidance is enough to raise the share price. Now you need to best the earning numbers and guide them dramatically higher vndz a stock thats got low expectations or heavily shorted. Thats right, the gauntlet is demanding because the economy is slowed and getting slower according to much of the recent data. So lets go over whats worked this year. All right . Whats emblematic of success as we know it lately so you can rule out a lot of other stuff . Im talking about under armor, netflix, wynn, facebook, google, chipotle and michael coors, because those are all the stocks that flew to new highs, defying the averages that brought so many other stocks crashing to earth. We know a bunch of things going into the ar under armors quarter, which launched the stock into
Eastern shore. You can see a couple of sprinklesholding together here and just southeast of bowie. Along and south of route 50. Across the bay with showers from cambridge back have just been breaking up some and to the south we have a few sprinkles you see them out of the Northern Neck into st. Marys county. Its time for timesaver traffic with Monika Samtani. On the outer loop of the beltway before university boulevard a car hit a pole along the right side of the road. And you know friday morning volumes are so light its not affecting traffic too much. But i want you to be aware of it if thats where youre headed on this north side of town heading west on the beltway you see just that bit of yellow there and thats why because of the accident. Other than that youre okay. Lets take a live look outside. Show you what it looks like on southbound 270 but its better than normal heading for 109 down to 121. A look at the maps again, and this time over to the other side of town. No problems to