Claims rising back above 1 million. The fed voicing concern of its own about pace and state of the recovery josh, brown, the question today is how long, how long can stocks continue to outrun the economy well, i would argue that stocks have been out juning the economy since 2009 we clearly had an economic recovery that had been accelerated in recent years the longer it went on, but it hasnt come close to what the top 10 of american households by wealth have enjoyed by virtue of being in stocks and real estate as investment how long can that go on for . Its been going on for more than a decade if anything, you can make the argument that the pandemic has done nothing other than accelerate that trend. Its not a great thing to be hold the stocks that continue to work, anything tech, almost anything tech, anything work from home. Take a look at zoom. Were not even talking about it anymore. Its almost like its a given. Then you have this contingent of companies that have adapted themselves t
Report in the busiest week of earnings season. Afraid computers might crash your helpful i. T. Guy mike khouw has some patches for your portfolio. Its time to risk less and make more options action starts right now. Lets get right to it. Despite the weak selloff in the market, one group of stocks managed to lay down some strong foundations for a rally. The itb managed to rally 4 this week carter says there is one name in that that would make for a particularly sturdy trade. Whats the name . Its Sherwin Williams its the right environment its the one area within consumer discretion that is holding up so well and yet not extended and not overbought. So a lot of characteristics that make this desirable. Lets look at a few tables and charts talking about Sherwin Williams, this is one of the best performing stocks in the market regardless of its line of business hereyoure looking at a comparative chart. Going back to the beginning of data in 1985, youre talking about a sixfold increase over
Record close and we know why. I have to tell you this was just a parade of both American Ingenuity and strength there was a time when i was listening to brian i shouldnt just limit it to amazon every Conference Call last night with the exception of google was incredible the power of these companies is extraordinary and i dont think that we can actually brian ol staff ski when he talks he is the cfo of amazon, when he talks about the idea that basically we didnt know we were going to make billions of dollars more than we did. Not tens of millions, not hundreds of millions, but builds what a juggernaut. Most impressive of last night. David, i have a lot of good things to say about the others and good things to say about google, but amazon thankly is a company that basically has no idea how much money it can make. Ive never seen a company like this theres never been a company like this. Well, and the market agrees with you and investors have for a long time, jim, but they have delivered o
That finally tiny tim once crooned tiptoe through the tulips with me but mike khouws tune is about tiptoeing through tips. Lets begin with the Material World that we are living in. Materials making a big comeback in the past few months that has carter eyeing an even bigger rally for the group carter, what are you looking at . Well, in the sense that if one wants to really talk about the whole notion of value growth and what is working and what isnt working, what we do know of course is of the four highly cyclical sectors, materials, energy, industrials and financials, its actually materials that have done the best the first chart is simply looking at those four from the march low, from the markets low. What we see here is that materials are leading the way. Its a small sector, but its an important sector nonetheless look at the second slide what about year to date . Not from the march low, since we began the year everyone is down. While materials are down, albeit barely take a look at
Week of earnings season. Afraid computers might crash your i. T. Guy mike khouw has some patches for your portfolio. It is time to risk less and make more options action starts right now. Lets get right to it. Despite the weak selloff in the market, one group of stocks managed to lay down some strong foundations for a rally. The itb managed to rally 4 this week carter says there is one name in that that would make for a particularly sturdy trade. Whats the name . Its Sherwin Williams its the right environment its the one area within consumer discretion that is holding up so well and yet not extended and not overbought. So a lot of characteristics that make this desirable. Lets look at a few tables and charts talking about Sherwin Williams, this is one of the best performing stocks in the market regardless of its line of business here youre looking at a comparative chart. Going back to the beginning of data in 1985, youre talking about a sixfold increase over the general market if i int