Crew touching 95 a barrel. 4. 6427 is the new cycle high. Tom this thursday is more tumultuous than monday through wednesday. An equity pop at the back end and we are short covered. And the optimist will be here with us in a little bit. You have to reset and recalibrate. There was a moment yesterday and let me get out the surveillance mouse and tell you that we had a 2. 30 10 year real yields. I did not frame that six months ago. Jonathan the equity market is kind of a snooze. Bond market huge moves. Fx one point four briefly against the dollar. The dollaryen getting closer to 150. Lisa that is exactly the right observation. Why are stocks so subtle and why are they not responding to the markets. Is there just simply a paralysis, or this is forced selling for funds that do not have a big position. At this point are we looking at some unraveling that is gaining steam that nobody wants to get in the way of. Tom i am going to when mike mckeen gives us the gdp blah blah blah, but there is
The outskirts of the enemy is tasked with stopping the enemy from inflicting fire damage on him. Then you can dive, well, and light ones at the same time, so that the drone doesnt go, right . But if i launch from here, hes your network. Maybe they are working with us on a person. The only thing is that i am myself im finalizing it its a trailer. Yeah, that is, it detonates, it doesnt detonate at all now. No, no, not connected, the wires are routed directly to the battery, connect the battery and insert the igniter into the jar, jar. Here with plastid, a jar. Your fatigue when it comes. Always different, but basically always on the tank of fatigue. No adrenaline. Well, there the only problem is that you have to work with glasses, that is, there, well, the boys got a little disorientated at first. Well, sometimes my head is there too spinning there, well, when you wear glasses for a long time. Rain contract soldiers , mobilized contract soldiers, what kind of toy do you ride on . Well, s
It was like five sessions between 25,000 and the zeseventh trading sessio. From january 4th to yesterday is when we saw the 1,000 point move in the dow oil breaking, which is a weird Reason Energy stocks came down as a result just the idea lets hold off for a second nevertheless, with all of that, the s p 500 still remains on pace for its biggest monthly gains since march of 2016. The nasdaq is still on its biggest monthly gain since july of 2016. Look at what happened overnight in asia, you will see the nikkei was down by a third of a percentage point back to this morning sorry, flipflop back to this morning, you are look at double digit gains or triple digit gains once again for the dow. This comes after last night the nikkei down by a third of a percentage point hang seng and shanghai stocks both ended higher bay quarter percentage point in europe, where you see the early trading this morning, you will see at this hour theres a bit of weakness. Dax is down by 0. 2 . Ftse down about
First we start off with a battle for the ages netflix soaring to an all time high after an Earnings Report. Facebook and amazon trading at an all time high very different story for bank stocks Goldman Sachs and bank of america following the foot steps of their peers and dropping. The question is do you buy this dip in the bank stocks or stick with the winners which is tech stocks i think you have to where your looking yeartodate or one year performance . That tells a bigger story that were looking at right now if you look at tech, obviously the runaway leader if you look at financials versus tech on a year ago basis financials are up 32 . I dont think anybody knows they beat tech on a year ago basis because of the pop coming out of the election so its not as if they really lagged fms, that is. So i do believe you buy tech now. As the underperformer to the financials because netflix reported up 10 . Its a tough trade. What steve is talking about yearonyear basis its up we have a lot of
Lets get straight to the bloomberg first word news with taylor riggs. Taylor republican president ial nominee donald trump is pushing back against allegations of Sexual Assault. The womenhe says accusing him of misconduct were lying at a rally in florida and in two appearances in ohio, calling them vicious and false. He is back on the campaign trail today with two appearances in north carolina. In europe, the president of the European Union is offering a stark choice to the u. K. Hard brexit or no brexit, take your pick. Donald tusk delivered his hardline stance in brussels, signaling that the departure may take longer than two years, and it is when theresa may realized it will be painful for britain. And thailand is beginning a year of mourning for the worlds longest reigning monarch. He died yesterday at the age of 88. The government signaled that his only son will ascend to the throne. He was a symbol of unity in the country rocked by 10 coups. He has been ill for years, making limi