Seaberg, great to have you with us. Eric, riddle me this. What has changed and why today do we feel so great of a fed rate hike . I have no idea. I think, you know, were going to be in a cheap market here for the foreseeable future just because of all the uncertainty surrounding Interest Rates, Consumer Spending and Political Uncertainty here and in europe and while this frustrating sideways market may be difficult to navigate were still finding opportunities in the hodges small cap fund. Where . Were really looking at some areas such as some of the nonenergy companies that have been beat down over the last six months by oil prices, Something Like a Legacy Texas Bank share which is a bank that we think is very attractively valued here. The perception of Energy Exposure is not as great or the reality isnt as great as the perception in this stock and we think its created an opportunity for investors. Other areas that we like are areas tied to infrastructure spending, like Eagle Materials
Two great Leadership Groups taking over. I was looking at the stocks today beaten up, and the fundamentals are beaten up as well such as the rax space, and microsoft and intel and going down the list and the few that are not moving. And cisco, and the chips and this is what jim krcramer said this morning. There are two types of tech, tech that is cloudrelated and the digital seagate and microsoft, and we had a positive piece about microsoft, and positive talk from cowen saying to get ahead of Western Digital before the earnings, and this is a tech rally, and the cloud and the Old Fashioned tech and it can occur. Pete . Well, last week, we saw the cisco numbers that were outstanding, and looking in the transitionary level right now that we have been talking about with microsoft, and looking at the name, security, cloud, and this company with a great number and looking at the growth, incredible, and then moving to the salesforce which crushed it last week and then yesterday apple and the
Im getting new numbers on that and i will share those with you in a couple of minutes. Thank you, denis. The heon a singleter mile strip of a highway in lutz. Over the last five years. So taking action reporter Jackie Callaway asks why more wasnt being done to protect your family. The chnow making you safer. Rdefensive driving failed to project brakes on right here and i clipped her right there in the right rear bumper. Reporter in ambers case, she never saw it coming. I was driving and all of a tap, tap, like that. Reporter other drivers y hi they hit the merge at us41 and north dale may re. Especially at this crossing right here. How often would you see an accident. Once evertwo weeks or so. Discovered 200 cidents and 20 injuries over a 5year period. All within a quarter stretch of the merge. Quite a few accidents in the past. Reporter the department of transportation responded to our inquiry by senngngrs out he to the to study lane change patterns. Their findings led dot to make one
Of the session so far. Matt thats right. Weve turned negative on a few of the index is. Indexes. This morning, we got a Goldman Sachs note, sing the drops weve seen so far have been emotional and u. S. Expansion in earnings it should turn that around. The dow down 59 points, the nasdaq down 44. I pulled up the imap. So fascinating. Gainersnd utilities right now. Consumer discretionary and materials are losers. You can click on any of these pipe pieces and see, for instance, Consumer Staples overall is winning, but theres a couple that are red, food, beverage and tobacco. Such an interesting function on a day like today. Crude, also interesting. Nymex crude continues to march higher today. Only a gain of. 9 . 30. 76, still hovering around that 12 year low. Betty what about treasury markets . Matt i did not realize what wed seen, the yields down every single day this year except for one. You can see again, buyers of bonds pushing yields down once more. 2. 05 is the level we are looking a
And 401k 529, emerging market. Where should small investors put their money to work right now . We asked 20 of the very top financial advisored in the united states, and you have to hear what they say. First, though to sue who is across the room at head waters today. Hi ty. Very volatile day on the street. The dow rising as much as 94 points. Then wiping out the gains. Its a little bit higher right now on the trading session, as can you can see. The dow is up 49 points on the day. The s p is higher as well and the nasdaq composite in the green too. Were keeping an eye on the tenyear note, of course because we do have the fed decision a little bit later today. We have a whoyear note Auction Going off the board, and rick is going to handicap that for us in just a few minutes. As ty said the big stock story of the day is apple. Its shares are surging on the back of that blowout earnings report, as can you see. Apple it s now up almost 8 on the trading session. The tech giant posting the b