After we got the outline of phase one trade deal china President Trump has agreed to lower some of our tariffs in exchange for, it looks like, 50 billion a year in agricultural purchases. And some much firmer protections against intellectual property theft and currency manipulation. And those last two pieces, please, youve got to understand thats what the United States is fighting for thats the real meat of the deal we need Chinese Companies steal our patents and trade secrets and we need china to swear off currency manipulation. I dont know i assume the case. I think let me tell you i want to make this really clear. Ag is not what this is about but we got to spend some time on it because its what people are going to talk about. China has a history of not following through with its trade commitments. And this time, weve got powerful enforcement mechanism theres still going to be a 25 tariff on 250 billion worth of chinese imports with a 7. 5 levy on another 120 billion that had been cu
Break from biotech and get into mikes car honk if you want yield mike khouw turns the dreams into reality with a straightforward play to car max. Its time to risk less and make more options action starts now. Yes, it does and welcome everybody. Hope you have a good friday. Lets get do it trade talks tag taking over the street as phase 1 deal pushed the major indexes to major highs. Of course this is a deal without terms that anybody on the sfreet has seen but hey, whatever. Dan nathan says if a full agreement does come through there is one payment play that could charge up the portfolio lets get in the money dan tell us about it. The narrative of the last few days has been some of the headwinds to kind of growth or the headwinds to a u. S. Consumer have been lifted i have no idea what today means in terms of a phase 1 deal and i think the administration told us were not going to actually see anything papered until the new year but if this enthusiasm that we have seen the last couple of
Micron, qualcomm, all following. These have been some of the hottest trades of the year is this the beginning of a bigger pullback or should you buy this dip dan . Its a tough one. Obviously we had microns earnings a week and a half ago they beat and got higher they were talking about nand pricing and dram this is a headwind for apples margins, theyre a big customer of apple for me, you have to think about this apple announcement, we see this every quarter whether its hush hush, whisper whisper, theyre not going to have the builds they did on this high end phone thats going to possibly affect their asps. Last quarter expectations were not particularly high because people knew the iphone x would be pushed out later into the calendar q4 and all of a sudden they gave this massive guide for units in this quarter, 85 million. I think at the end of the day you have a stock trading at 170, i think back then it was 160 if they were to come in line and guide, you know, down a little bit, i dont
A better do it yourself investor, or better client i do it with a spectacular steam of people headed by our executive producer who has been with me since inception and dozens of fabulous people who have to do with the look of the show and research and memos that back up the research and we have a head writer been our only writer, since inception when he was a freshman in high school, my nephew the show after years and years has become a bit of a labor of love weve been doing it for so darned long, we take it for granted what we do today, i will change it and correct it today, i want to talk to you about the show its evolution and how you can best use it or worse misuse it theres so much we throw at you you might not be able to use it as effectively as we would like. I know this because i talk to enough people about the show and interact with people and callers and twitter action on cramer i have an idea why you come here and what you really want the show has evolved mightily since we s
Later, they are celebrating the big five the social giant is up nearly 300 since 2012. It is showing no signs of slowing down. We have a special report. First we start off with a busy day if d. C. President trump responds to the controversy surrounding his administration. Eamon javers. Reporter the president finished up a highly anticipated press conference in the east room of the white house. He was asked several questions by american reporters, colombian reporters had a chance to ask questions of the colombian president t. President , though, continues to be critical of the decision to appoint a special counsel to investigate the russia matter. Heres what he said. I respect, but the entire thing has been a witch hunt. There is no collusion between simply myself and my campaign, but i can always speak for myself and the russians. Zero. I think it divides the country. I think we have a very divided country because of that and many other things. So i can tell you that we want to bring t