Deal, there is a little bit of confusion to put it mildly. What to make where we go from here, pacer etf president sean ohara. What do you make of back and forth on the trade front first off . Neil, thanks for having me. Trade front is the headwind to the market all year. Back and forth because we had a deal, we didnt have a deal. Looks like now we have at least a phase one deal. I think market would like to see that nonsense and that distraction put behind it. So we focus on bigger issues. Will we have earnings continue to slow or have they bottomed and picked back up early next year so the market figures out direction they want to go. Neil looking at estimates for next year, first and second quarters, looking close to eight to 9 s that doable . I think so. That is what everybody is thinking. Keep in mind, neil, the estimates we see consistently you know report what the actual earnings come in at. 30 straight quarters now of surprises on the up side if you will. I wouldnt overuse the
The dow industrials up just a few points at the opening bell, 11, maybe, but look at that level. Back to 28,000. Modest small loss, small loss for the s p and also for the nasdaq. So look, everybody, sit back, you are going to watch financial history. History being made in hong kong, too. Sure looks like open rebellion. The street fighting has escalated. Police besieged one of the Main University campuses which they say was being used to make weapons. A Police Officer was hit by an arrow. Ominously, the Peoples Liberation army, chinese troops, in plain clothes, appeared on the streets on saturday. That was taken as a grave warning. Add all this up, it is beijing versus the people of hong kong, communism versus democracy. It is a bloody fight and it is not over. In the United States, the democrats want to remove this president from office because of a phone call. Varney company is about to begin. Stuart okay. Lets talk stock market, shall we . Dow closed in record territory friday, abov
And she just yelled read the transcript. The democrats are slowly building their case against the president , brick by brick. Today mexico even offered to pay for the bricks. We got a full day of live, televised testimony from thrsom officials. If these impeachment proceedings have taught me anything, theres no sentence more depressing than the chair now recognizes devin nunes. He has a look on his face like a kid whose mom just dragged him across the schoolyard in front of his friends. Kn nunez used his time to lash out at the media, calling them puppets of the democratic party, so for someone who has their fist so far up the butt theyre bumping his knuckles. We were watching i was concerned by the call. What i heard was inappropriate. And i forwarded my concerns to mr. Eisenberg. Hey i need help in here yes, sir. Beat up the tv. Yeah. Kick its jimmy you know what . I tell you, in fairness, we did the same thing when arnold hosted the apprentice. We heard from trumps former special en
Idea of how well the president s day went. They exemplify the genius and creativity of our exceptional nation. I want to hear that whole song, but i dont have time. Maybe we got to get it movin a little bit, but what a great movie. Jimmy he was trying to give out medals for the international arts. That was the best thing that happened to him today. On the final day of public testimony in the house, trumps former top adviser on russia, a very sharp woman, dr. Fiona hill sat down and laid absolute waste to both the president and the boot lickers who made the unfortunate decision to do his bidding today. She directly called out republicans for spreading what she calls the fictional narrative that suggests ukraine meddled in our election in 2016, because they didnt. The russians did. Republicans stopped asking her questions, you know, i think im going to use this time to hear from myself. And they talked. She was so thorough, trump doesnt have to go back for part two of his annual physical
Lot of his supporters well, guesswhat . Yesterday tweety gonlez out hisrange thumbs andheidt ag. This time he attacked a woman who works for mike pence currently. Her name is jennifer williams. Shes a special adviser to the Vice President. She was also listening in on trumps now infamous call with the president of ukraine. There were more people on this call than there were at his inauguration. [ laughter ] so in her closed door testimony williams says trump specifically mentioned the name of the Ukrainian Company hunter biden worked for. Its called burisma. But that was omitted from the transcript the white house released. You know the one the president keeps telling us to read. Well, turns out maybe that transcript has been sanitized for his protection. Trump of course as soon as he heard this went right on the attack. He called this woman who works, again, for his Vice President , a never trumper. [ laughter ] its like calling the hamburglar a vegetarian. Its ridiculous. She is sche