President trump finally leaving the washington, d. C. , area today. Right now he is on Board Air Force one en route to Sky Harbor International in phoenix, arizona. Well bring us his arrival live as well as his visit to a Honeywell Aerospace facility now manufacturing n95 masks. Well have a live report. All that, a lot more coming up on making money. Cheryl some green on your screen. All major averages are higher right now. Dow is up by 348. Nasdaq up about 2 . S p up 1. 75 . Investors seemingly optimistic as more and more americans getting back to work with several states in phase one or soon phase two of reopening their economies. Optimism is growing from main street to wall street, even the price of oil is rising due to i cant believe it, higher demand. How is that for a story. Look at oil up almost 20 . Lets bring in bellpointe chief Market Strategist david nelson. David, start with this ol picture that ace Global Demand story. It is up 20 . What do you make of it . Were coming bac
Welcome, good to have you with us on this new years eve tuesday. Our Investment Committee here today, joe, josh, jim and amy is back the chief Investment Officer of Chevy Chase Trust and one of barrons top 50 registered Investment Advisers for 2019 we begin with the markets. Stocks are trying to end a great year with another day in the green. Bouncing from the worst day in four weeks we do have big news today from one of our very own, hes making a move on a stock that hes been a big believer in for a big part of this decade. Josh brown, selling twitter. Im out feels good. First time out since the ipo in 2013. Tell us the reasoning. First of all, happy new year and thank you for ending your no, im telling the viewers, happy new year by the way, this is completely filled with gray goose, so take everything i have to say with a grain of salt. I got out of twitter today with a very small profit. I had been adding in the 20s, i owned some as high as 40 around the ipo. It has not worked out.
Hong kong as strength in china, europe and the americas offset the impact casino shares plunge after the retailer warns offering profit in france miss estimates as social unrest weigh on the company. President trumps impeachment trial begin with a reading of the charges as the Government Watch dog finds the white house broke the law by withholding military aid to ukraine. A very warm welcome to street signs on this friday morning. So far trade seems to be dominated by a few corporate stories. Getting into those starting with richemont reaching expectations despite a slow down in the hong kong market. Blaming political unrest for a severe sales contraction but said double digit growth in main land china more than offset the down turn. Still, sales growth did slow from 4 to 6 in the first half. Shares there almost 5 higher. Casino shares higher after cutting the forecast citing the effects of the ongoing transport strikes. The company which is Closing Stores and selling assets to slash d
On you may have returned the ugly christmas sweater you got from your brotherinlaw you dont like but what if you could turn the ugly stock you would own the desk gives the names we will start with the nonstop on wall street the nasdaq hitting a milestone, crossing above 9,000 the first time ever. Records keep falling stocks keep climbing and fundamentals, tim serial dont seem to matter much. They dont. You can find an argument for valueses within megacap tech if you look at intel, sysco you cant make the argument with apple anymore. The interesting thing about the triple qs or the etf for the nasdaq 10 oh or lack at the nasdaq 100 we know that apple dominates this index and this is apple pick whatever point in the road you want in 2019, its 70 from june, its 50 from august, 50 for apple from august. And thats thats how you get to a nasdaq at alltime highs. Microsoft and apple leading the which. Today a little amazon for good luck but its lebron jamesly out of this. Which is amazing, da
Good evening everyone. I am so excited to see such a full house before i start i want to give a few housekeeping item items. We are more than happy to have you take photos but please turn the flash off and put your cell phones on silent. If you want to post anything on social media please tag politics prose and gw events. I am the partner manager at politics and prose and want to thank all of you for coming out on a vent we are out with George Washington University Joint venture also to bring jim mattis in conversation tonight. First a few other Exciting Events coming up in partnership with gw september 11 we have an event with Malcolm Gladwell it is a live recording of a podcast on npr on september 12 and james comey on september 16 septembe september 24 we will discuss the year of the marquis. We hope to see you at some of them this month. Secretary jim mattis a Pacific Northwest nave it is serving for decades at the marine infantry officer following two years of secretary of defense