Im not just talking about the breaks, the fabled second leg of the horseracing triple krouchb. Im talking triple crown in stocks. With the dow only gaining 90 points, the nasdaq climbing a very strong. 82 . So what happened today that made Cloud Computing the business, not the horse, break away from the pack before the first term was completed . I think some of it is a total delayed reaction, last weeks salesforce. Com reported one of the best quarters of the year. The ceo right here spoke about companies not being hamstrung by keeping all their data and hardware on premises, and have the data on the cloud. In this case is partner is amazon. It helps you draw attention to what happens if you adopt the cloud and bring out companies cloudforce to sift through all of your data. Salesforce seemed to be all caught up in what happened to president trump. The focus was on wall street, not washington or silicon valley. But companies have to make judgments about what their customers want or may
Board seat hes going to join us for a live and exclusive interview in this hour. Blue apron down almost 7 this morning as the stock is further from its ipo price a lot more on jeff besos competitive muscle. Stocks are looking to make more history 68 in total and next week will be even hotter. Make or break and some companies are real stand out i look at microsoft and think they can deliver theres negative commentary about ibm. Obviously this is the last Conference Call for ge lets see what they have to say. This is a make or break week it always has been this sets the tone for the quarter. It is a kind of remarkable time because a lot of these companies are very international and we have really good numbers out of china last night europe is coming back. Some will be saved by overseas retail sales over there. The estimates though, 68 for the quarter. It was 66 at the beginning of the quarter so we havent had them as they normally do. No, thats a big change the domestic economy is strong
Nasdaq declining. I think that will tackle a major trend thats shaping this economy, maybe the major trend at this moment. Our time, our schedule, it has been disrupted and we simply arent doing what we used to do anymore. The problem is that our habits are changing so fast, so quickly, unbelievable that businesses cant keep up, and these radical reorganizations of what we do and where we go and what were occupying ourself with are playing havoc with the stocks we focus on regardless of what President Trump has to say tonight in the big speech. Usually its not all that stark. We cant spot it because we have so many data points and examining so much information all at once, its a vortex. Today, though, we got the most violent contrast i have ever seen. Im not kidding, in one day. Im talking about the perfect storm of dominos versus target. What does a pizza delivery chain have to do with a mass market merchandiser . In this case, everything. This morning dominos, longtime cramer fav sin
Opposed . We are now in executive session. Session . Madam secretary. All right. I move to revine in open session. Second. All in favor say aye. Aye. Opposed . Next item madam secretary. Pledge of allegiance. I would like to disclose that in close session on february 14, 2017 the Port Commission meeting the commission unanimously approved the appointment of cathy pouchony as the Deputy Director and finance and administration and i would like to disclose anything ulc discussed. Thank you. Second. Second. All in favor say aye. Aye. Opposed . Next item madam secretary. Pledge of allegiance. I pledge allegiance to the flag to the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Please be advice the cell phones and sound producing Electronic Devices are prohibited at the meeting. Please be advised that the chair can remove anyone for the ringing of and use of cell phones, pagers and similar sound producing
Madam secretary. Roll call. Commissioner willie adams. Here. Kimberly brandon. Here. Leslie katz. Here. Motion for approval of the minutes for february 28. All in favor say aye. Aye. Opposed . Item 3 comment on executive session. Is there any Public Comment on executive session and Public Comment is closed. Madam secretary. Item 4 executive session. Move that we go into executive session. Session. All in favor say aye. Aye. Opposed . We are now in executive session. Session . Madam secretary. All right. I move to revine in open session. Second. All in favor say aye. Aye. Opposed . Next item madam secretary. Pledge of allegiance. I would like to disclose that in close session on february 14, 2017 the Port Commission meeting the commission unanimously approved the appointment of cathy pouchony as the Deputy Director and finance and administration and i would like to disclose anything ulc discussed. Thank you. Second. Second. All in favor say aye. Aye. Opposed . Next item madam secretary.