Points 24,148 s p 500 is trying to get to 29 in it own right. There is the nasdaq. Its up better than 2 its pushing the door now on 8900 its about 100 points or so away from going positive for the year steph, youll get first crack at this today because you own alphabet and amazon and facebook and apple and microsoft. We have a 2 gain for the nasdaq this move has been nothing short of remarkable. It really has when you look at top names in the nasdaq, its not really a surprise they would hold up so well in challenging environment. These companies are the definition of quality. Remember the last three month, youre sick and tired of talking about a basket of quality, own a basket of cyclicals. These are the quality names. Why they are quality is because they have very strong Balance Sheets they do, if they have a dividend they are well covered. They is great market share excellent leadership good Free Cash Flow and these are the covid19 names all of these companies are participating in on
The Halftime Report starts right now. Welcome. Its good to have you with us on this tuesday our Investment Committee, joe terra nova, johnna jerian and marian bartell lets begin with apple second best performer in the dow. Stock topping 213 this just has been quite a comeback, jim. We had that big selloff the day that the latest tweet on tariffs came out about 2 1 2 weeks ago steadily climbing black. A barometer for the market, a little bit of give from President Trump on china negotiations first there was the delay of the tariffs, then there was the talking with the apple ceo tim cook on friday where he said he made a believable case and a discussion he had with the ceos of three major banks so apple as with the market i think is perceiving that maybe there is some recognition from this president that the tariffs have done what they could do and any more will hurt and maybe the market thinks well get a sooner resolution. Were only 20 bucks away from an alltime high yeah who would have
Negativity and cynicism and a picayune way of thinking about how stocks are hostages to an allpowerful fed the dow jumping 457 points s p gaining 2. 1 nasdaq pole vaulting 2. 9 the house of pleasure we need to analyze why so many people didnt want to buy a stock that tacked on a record 277 billion in one day encompassing a record held by meta for the largest single session gain in stock market history. Hallelujah first lets just say i did my best to get you in it. Ive been recommending nvidia endlessly for multiple times a week both here and in the club for a decade now i knew early on that i had the by far the fastest processors because one of my Old Hedge Fund clients was on the board of intel back in the day, was always upset intel refused to get into the speedy graphic processing unit. But then ceo andy grove bridled at the thought back then gaming chips were considered low end and not good for anything beyond pretty video game graphics. They were cheap, they were cheesy, they were
Negativity and cynicism and a picayune way of thinking about how stocks are hostages to an allpowerful fed the dow jumping 457 points s p gaining 2. 1 nasdaq pole vaulting 2. 9 the house of pleasure we need to analyze why so many people didnt want to buy a stock that tacked on a record 277 billion in one day encompassing a record held by meta for the largest single session gain in stock market history. Hallelujah first lets just say i did my best to get you in it. Ive been recommending nvidia endlessly for multiple times a week both here and in the club for a decade now i knew early on that i had the by far the fastest processors because one of my Old Hedge Fund clients was on the board of intel back in the day, was always upset intel refused to get into the speedy graphic processing unit. But then ceo andy grove bridled at the thought back then gaming chips were considered low end and not good for anything beyond pretty video game graphics. They were cheap, they were cheesy, they were
Negativity and cynicism and a picayune way of thinking about how stocks are hostages to an allpowerful fed the dow jumping 457 points s p gaining 2. 1 nasdaq pole vaulting 2. 9 the house of pleasure we need to analyze why so many people didnt want to buy a stock that tacked on a record 277 billion in one day encompassing a record held by meta for the largest single session gain in stock market history. Hallelujah first lets just say i did my best to get you in it. Ive been recommending nvidia endlessly for multiple times a week both here and in the club for a decade now i knew early on that i had the by far the fastest processors because one of my Old Hedge Fund clients was on the board of intel back in the day, was always upset intel refused to get into the speedy graphic processing unit. But then ceo andy grove bridled at the thought back then gaming chips were considered low end and not good for anything beyond pretty video game graphics. They were cheap, they were cheesy, they were