Like iran was standing down. Financial markets have continued their relentless move upwards as the threat of war has eased. Emily learned a a ukrainian plane that crashed just outside tehran just about the same time is that missile attack was probably shut shutdown by by an iranian missile. By accident. This puts further pressure on the islamic republic. While these are early days, many critics here and around the world denounced president trumps decision to kill general soleimani are not looking quite so clever. And for the moment at least iran seems to be on the defensive. Meanwhile back in the United States members of congress return from their holiday break and the party dispute on the impeachment trial for the president left off just as it did before christmas. Democrats wanted witnesses called when mcconnell said the decision does not need to be made until after the trial is underway. Now after weeks of delay House Speaker pelosi will move next week to finally send the articles o
Work best in the months ahead . That debate fwins right now. Pete is that where you want to be . Since january 20th. Nnch is up 16 . Material versus been ripping and industrials up 11 and transports up 15. For a long time we like the transports and its taken awhile to get back into the whole energy world but because so many addressed the major issues going on with their Balance Sheets to be able to adjust to the new world which is hey at some point in time theres going to be acquisitions being made in this space but im not stuck on the idea that theyre going to buy whole companies. A lot of these guys are going to be looking for assets and thats why they want to have this Balance Sheet in place. Look at the out performance you have seen. Conoco phillips. The out performance of those that made the very difficult decisions. Go back to kmi and take a look at what that stock has done. Look at the moves on the screen right now. Theres a big time short squeeze going on in the energy patch. N
Crop of report since the great depression. With the Interest Rates lows its to surprise the financials have been the worst performing sector this year. The unofficial start to earning season kicked off late today. The former component beat wall streets estimates earning 7 cent a chashare. Expectations were for 2 cents. That pressure shares in initial afterhours trading. The company, which was planning to split, is on track to meet its targets. If you look at this quarter, you see profits are up in all the the segments. Iconic is the name we have given to the value at company that we would soon launch. You also see on the commodity side the two segments holding up and are profitable inspite of the very strong market side with low prices. Susan lee has more on the quarter. Reporter the main take away from alcoas earnings was miss in revenue for the quarter which means when it comes to profit owes more to cost cutting than higher sales. Part of the cost cutting has been layoffs. Confirmin
Depression. With the Interest Rates lows its to surprise the financials have been the worst performing sector this year. The unofficial start to earning season kicked off late today. The former component beat wall streets estimates earning 7 cent a chashare. Expectations were for 2 cents. That pressure shares in initial afterhours trading. The company, which was planning to split, is on track to meet its targets. If you look at this quarter, you see profits are up in all the the segments. Iconic is the name we have given to the value at company that we would soon launch. You also see on the commodity side the two segments holding up and are profitable inspite of the very strong market side with low prices. Susan lee has more on the quarter. Reporter the main take away from alcoas earnings was miss in revenue for the quarter which means when it comes to profit owes more to cost cutting than higher sales. Part of the cost cutting has been layoffs. Confirming that they reduced their work
Depression. With the Interest Rates lows its to surprise the financials have been the worst performing sector this year. The unofficial start to earning season kicked off late today. The former component beat wall streets estimates earning 7 cent a chashare. Expectations were for 2 cents. That pressure shares in initial afterhours trading. The company, which was planning to split, is on track to meet its targets. If you look at this quarter, you see profits are up in all the the segments. Iconic is the name we have given to the value at company that we would soon launch. You also see on the commodity side the two segments holding up and are profitable inspite of the very strong market side with low prices. Susan lee has more on the quarter. Reporter the main take away from alcoas earnings was miss in revenue for the quarter which means when it comes to profit owes more to cost cutting than higher sales. Part of the cost cutting has been layoffs. Confirming that they reduced their work