Joe, you get the first crack at that question, i think the question becomes, what goes long youre long the fang names and gogo names. But if a certain point oil keeps going lower, i think that becomes a problem for the nvidia, the highgrowth momentum type names pete, there was a time when if oil was falling out of bed the way it is now, you know, its 42 bucks, the market would have had a conniption over the whole thing and not so much, why . It seems to me the focus has not been on oil. We did have all of those reactions and weve stop reacted to that. Everybodys focus continues to be on recently the focus is the financials and this breakout up to this 24. 5 level. Even on days where were going down, the financials have hung in pretty well sure, theyve given back here and there. But overall, look at how the financials are trading, that is we talked about financials and energy not participating, were starting to get some participation from the financials thats making up for the energy ne
Good evening, everyone, welcome, im tyler mathieson, sue herrera has the weekend off t. Week end, month end and quarter end, the dow turned in its sixth straight positive quarter for the First Time Since way pack in 2006. The nasdaq had its best quarterly performance since 2013 in the s p 500 saw its biggest quarterly gain since 2015. Here are the final numbers, for the first three months of 2017 the nasdaq rallied the most, up 10 . They changed despite todays pullback the Dow Jones Industrial average twopd 65 points to 20,663. The s p 500 fell 5. The nasdaq was off two and threefifths. So what pulled the gains in this quarter and which sectors did better than others . Domenic chu has surprises among the First Quarter winners and sinners. Reporter if you had stocks as part of your portfolio in the First Quarter of 2017, you have to be feeling pretty good at least so far. During the first three months of the year, we saw recordhigh levels for not just the Dow Jones Industrial and the s
You look at the gains here, the dow is up almost 7 since february 11th. The s p 500 up more than 8 in that same time frame and the nasdaq is up 10. 5 since february 11th. Do you sell into the rally . David joins us. You have a bullish tendency, but i think you believe that the upside is limited here. Yeah, absolutely limited. We talked about it last night in the show. Essentially this is a fearbased trade. People underpositioned on the long side that are fearing a lot of the meetings coming up over the next several weebks. A meeting in china kicks off today. Most importantly the ecb given draghis comments about potential additional stimulus, so i look at it and say under positioned, getting long, fear of it running away from them, but most importantly, there is a big fear, big fear about being short. So all these, you know, stocks and sectors that have underperformed have been completely negative, biased on sentiment trades, youre seeing that risk come off and seeing a tremendous amoun
Floors was decreased from 43 to 42. Tmg partners and Essex Property trust and bridge remain. Tmg partners and Essex Property trust together are acting as the lead Development Entity and changed into an eighty20 development for a more integrated approach. This revised scheme is different than that contemplated it is consistent we allowed for either a joint Development Opportunity or an 8020 opportunity. Again, the project consists of 436 market rate units and 109 affordable units. The upper 21 floors all market rate units. And 109 below market rate units affordable to households. The unit mix or the number of studios, 1 and 2 bedrooms equal to the market rate units on the lower 21 floors and parking will be a parity among the market rate units. The developer will be submitting for approval by our executive director and bridge will be taking the lead on Outreach Marketing and leasing of the units. The project also includes ground floor retail because as you know folsom street will be the
Number of units decreased to 545 because the number of floors was decreased from 43 to 42. Tmg partners and Essex Property trust and bridge remain. Tmg partners and Essex Property trust together are acting as the lead Development Entity and changed into an eighty20 development for a more integrated approach. This revised scheme is different than that contemplated it is consistent we allowed for either a joint Development Opportunity or an 8020 opportunity. Again, the project consists of 436 market rate units and 109 affordable units. The upper 21 floors all market rate units. And 109 below market rate units affordable to households. The unit mix or the number of studios, 1 and 2 bedrooms equal to the market rate units on the lower 21 floors and parking will be a parity among the market rate units. The developer will be submitting for approval by our executive director and bridge will be taking the lead on Outreach Marketing and leasing of the units. The project also includes ground flo