Excited about this market. Today was a profit taker after Interest Rates spiked again. This will be backsliding. The get the proposed deal. Before you get too negative lets propose a few more acquisitions. Why shouldnt they sponsor apache . Shouldnt i be questioning analytics . All these deals make sense to me. They make sense to me because they remind me when activist bought alergen which is looking like pure genius. They reported the biggest numbers in 2015. A monster beat vrsous what the analysts were looking for, propelling the stock up 9 on top of pretty good action at the end of last week despite the hideous backdrop of a really terrible stock market today. Hey if you dont know activist allow me to refresh your memory. It is the business run by Brent Saunders operating at an incredible lechl. Their turning them into commercial power houses well before their time. November 2014 he boughtaler again for 66 billion. 219 a share. At the time it looked like a ridiculous overpay. Alerge
The expectations and what the companies are going to earn or sell. The making and missing of those expectations controlled the market today with the dow climbing 42 points and s p 500 back sliding and nasdaq declining. A watched it drop like a stone, boom, boom, boom. Then we listened to the call and American Express is doing better than expected. And the stock rallied 3 and change. Investors kamg in s came into t and General Electric quarters hoping that Industrial Sales getting stronger of the intel choose to be far more sir couple inspect and didnt give that positive and General Electric talked about a mixed picture environment. And ge sheds 2. 28 , the latter seeming out of sync with the fact the headline said things are good. With that expectations in mind, lets go over next weeks game plan. Two of my absolute favorite companies, delta airlines, dal and johnson johnson. Suffice it to say i am a tad concerned like intel because both companies had become victims of heightened expect
Vaulting. 57 . Nasdaq declined. Apple declined. Therefore, its taken the nasdaq down. Was Larry Summers that horrendous for stocks . Could he actually matter that much . No, but he sure is a catalyst. Let me give you the setup and the reasons why the market loved the fact that Larry Summers is absolutely not going to be the next Federal Reserve chair. The only thing that stands in the way of higher stock prices here is, washington. The war between the president and republicans drains everyone. Business gets crushed in the crossfire every time there is a player partnership. Today when the president spoke, he admitted the economy took a real hit two years ago during the debt downgrade wrangling. We know the fiscal cliff discussion put business square on its back. We saw a return to good growth and then the sequester stalled the economy again. This linkage is amazing, and it is so abysmal that we all know we have to sell when the president and congress are at loggerheads. Thats just what
Companies are going to earn or sell. The making and missing of those expectations controlled the market today with the dow climbing 42 points and s p 500 back sliding and nasdaq declining. A watched it drop like a stone, boom, boom, boom. Then we listened to the call and American Express is doing better than expected. And the stock rallied 3 and change. Investors came into the intel and General Electric quarters hoping that Industrial Sales getting stronger of the intel choose to be far more sir couple inspect and didnt give that positive and General Electric talked about a mixed picture environment. And ge sheds 2. 28 , the latter seeming out of sync with the fact the headline said things are good. With that expectations in mind, lets go over next weeks game plan. Two of my absolute favorite companies, delta airlines, dal and johnson johnson. Suffice it to say i am a tad concerned like intel because both companies had become victims of heightened expectations. Delta has been vocal abo
These levels 110 points on the Dow Jones Industrials and sitting at these levels and gain of 3 4 , to carry nasdaq of 1 , trade data today, basically we are behind more foreign cars and toys and goods, but they are buying fewer u. S. Products because demand has dwindled to a certain extent and were keeping an eye on j. C. Penney, a retailer which garnered more interest from the Big Hedge Fund managers including hedge fund capital management, the 9. 1 stake, j. C. Penney up 6. 4 . Adam l is pulling back as investors wait to see how the United States responds to the situation in syria. Phil flynn from Price Futures Group in the trading pits of the cme, traders are waiting and tomorrows inventories. They sure are. That could be a big report. As we know supplies are well above normal in the United States but not so much in europe. In europe right now they are basically closing refineries because they cant get their hands on that highquality brent crude. What does that mean in the United St