The roof on the Home Improvement trade. Thats simply nailing it its time to risk less and make more options action starts right now. Lets get to it. It is going to soon be time to put away the sun block, break out the sweaters the weather could put a chill on travel stocks. Theyve had a hot run so far this year, but the chart maste says he is starting to have reservations carter worth is over at the plasma to break it down. Take it away. It is more about the consumer, right . Is the consumer in good shape or isnt it theres so many ways to make the case either way. But i thought we would focus on something we havent done in a while which is hotels, resorts and cruises. This is actually s p 500 group and these are the five names and Everybody Knows those names, right . Big hotels, and then the three cruise liners. Now, lets look at some charts and try to pull together the thesis what we have over the past decade is a pretty nice fit between this sub Industry Group, hotels, resorts, cruis
Inversions plus, tiffanys mixed quarter, the luxury retailer with an earnings beat. Peloton getting set for the public debut, widening losses ahead of its initial Public Offering as we have said twice now, stocks are set to open lower on worries about Global Growth and the risk of recession. Investors paying close attention to that yield curve and its inversions of the two and ten as well as trade tensions between the u. S. And china about an hour ago or so, we got a president ial tweet, quote, so interesting to read and see all of the free and interesting advice im getting on china from people who tried to handle it before and failed miserably. They got taken to the cleaners, were doing very well with china. This has never happened to them before this being a preference to the large tariffs in place that are set to go up september 1 and then december 15 and the overall there has been some press that echoed some things i was hearing shared on monday that the idea that the chinese have
Couple of participants wanted to cut rates by 50 basis points, and the reason that they pointed to was that inflation has been so low for so long on the other hand, those who argued against any rate cut at all pointed to the solid economy, concerns about financial stability, and that some of the trade uncertainty had diminished over the summer now, we do know which side won that argument, but the minutes show that the voting members on the committee felt that any rate cut should be viewed as, quote, part of an ongoing reassessment of the rate path, and that they want to maintain optionalty Going Forward. Now, there was also a lot of discussion about financial conditions the fed acknowledged that markets had baked in an easier Monetary Policy. They talked about the inverted yield curve, the capital ratios, several participants brought up corporate debt and leveraged lending as potential sources of risk overall, the minutes do show that most fed officials supported the rate cut in july.
Subscription service will it be a game changer . Halftime report starts now. We begin with the markets red for now. Just off the lows of the day as we have learned lately, though, the end of the day can look very different than how it does at 12 00 noon so investors keeping their eyes on several fear factors as it were including those protests in hong kong, the latest in the china trade talks. Josh, size it up for me. Here we are in the red what gets us out of this volatility grip . A lot of fears flying around the street the notes are flying well get to in a second. I think the word volatility is the way people are looking at what they own, what itself in portfolios you see a lot of people giving up on stocks right now thats an interesting phenomenon to have happen so close to a new all time high. So when you look at a break down of the market. Splv vs. Hpsv is informative splv is approximately half the market since fed day. That is only down minus. 4 if thats what your portfolio is o
More options action starts right now. Lets get to it. It is going to soon be time to put away the sun block, break out the sweaters the weather could put a chill on travel stocks. Theyve had a hot run so far this year but the chart master says he is starting to have reservations carter worth is over at the plasma to break it down. Take it away. It is more about the consumer, right . Is the consumer in good shape or isnt it theres so many ways to make the case either way. But i thought we would focus on something we havent done in a while which is hotels, resorts and cruises. This is actually s p 500 group and these are the five names and Everybody Knows those names, right . Big hotels, and then the three cruise liners. Now, lets look at some charts and try to pull together the thesis what we have over the past decade is a pretty nice fit between this sub industry group, hotels, resorts, cruises, and the entire Consumer Discretionary sector yet what you can see here of late is that the