Violent aggression and Death Threats the man polls suggest has the best chance of beating the far right here believes his own far left views other way ahead border on hama law has governed the ring year for the past 5 years he wants another 5. R. s remains the party that understands east germanys needs best the issue is constantly being challenged by those who say the f. T. Is now the easts representative but all i can see is that all the f. T. Has an offer is outreach yet theres no doubt many people in the former communist east germany feel mainstream parties have broken their promises to them so there is a general feeling that the german Political Class is not on the proper way and this is why so many people either hope that a left position or i position might improve the course of policymaking if the parties of the 2 political extremes do. In sundays election it will be the latest sign of quite how disaffected many east germans are with the situation in their country now almost 30 y
Parker adam, its one of these times where if you look at the message of the market and try to figure out how its behaving, you give a lot of credit to saying that we have a pretty bright outlook, right, in terms of the broadening out of the market, the fact that we havent went down in a while. It feels like were scaling the wall of worry. Volatility has dropped if you try to figure out the fundamental inputs that substantiate the behavior, maybe its tougher in terms of valuation. So where does that bring you i mean, i think whats in my mind the rally earlier this year, i thought part of the reason were up is the bear case doesnt seem as likely, consumer real income is doing okay, you can get a job if you need one. So that explains to me some of the market rally, just a lack of the bear case. But i think in the last five or six weeks the lack of the bear case isnt the only explanation. Now its a more plausible 2024 or 2025 bull case, which comes down to, you know, fiscal stimulus for de
Continues to look dicey ahead of critical Earnings Report next week well discuss what is riding on that during this final stretch of trading elsewhere, chevron, a huge drag on the dow today after its earnings and concerns about its planned deal with hess j j, amgen, look at them also weak them, weak spots, de health care putting in a tough week we are watching jpmorgan, too, you heard the news yet again a moment ago, down near 4 jamie dimon will share some shares for the first time as that companys ceo it does take us to our talk of the tape what might the week ahead bring with apple on deck the fed meeting in focus, and probably so much more. Lets ask the chief Investment Officer for new edge wealth with me here, good to see you welcome back as i said, an ugly end to a pretty rough week, what do you make of it it would have been nice to see a healthier bounce, mostly coming out of yesterday, where a lot of the indices got shortterm oversold. We saw the rsi hit oversold levels some of
Amazon and a white shoe wall street firm with a noteworthy winning streak im melissa lee, coming to you live from studio b at the nasdaq on the desk tonight tim seymour, carter worth, guy adami, and danny moses stocks in the green with the dow jumping more than 330 points, extending its longest winning streak of the year to seven days the s p and nasdaq closing near their highs of the day markets are in a wait and see period cpi next week, nvidia earnings towards the end of the month so, while we wait for these potential catalysts, we thought it might be a good time to ask the traders what they see as their high eest conviction trad. Guy . Exciting time, guy. I was hoping baited breath stop it come on what is it going to be . That means the one i feel most strongly about. Yes, exactly. Gdx, melms. Why pull up a chart finally, the gold mining stocks are catching up to the underlying commodity, that, obviously, being gold. And gold has been under pressure until today, but you know what,
Yield stays flat. Midday movers on the equity side, boeing shares are lower even as they burn through less cash than predicted for the first quarter. The plane maker is slowing output to get a handle on manufacturing issues. More on that later in this hour. Tesla, really rebounding after elon musk vowed to launch less expensive vehicles as soon as this year, using concerns following a disappointing quarter with its biggest negative cash flow ever, tesla shares up 10 on the day. Abigail doolittle is here with more on those results and what to expect. Abigail tesla, rallying in a massive way. Up 10 . It has to do with not just of the quarter was really negative, as you mentioned. Take a look at the chart. Since last july it has been a trip downtrend. Up 40 on the year. Investors expecting the worst. From earnings they expected sales of 29 billion dollars, with adjusted profits it was down 53 on a yearoveryear basis. Speaking of, at this point the stock is about flat yearoveryear, down 1.